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Senate passes watered down Foreclosure Prevention Act
Inman News
The Senate passed legislation April 10 that would provide billions in tax cuts for home builders, banks and other businesses hit by losses in the housing downturn and a smaller amount of assistance for state and local governments and individual homeowners. more>
Gifting home to relatives won't help either
Inman News
Q: Are there any creative ways to avoid or decrease the tax owed when selling a rental property? How about giving the home to a family member, and then selling it? What are gift-tax issues? Can someone receive this gift and sell immediately? Do you have any other ideas? more>
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Senate passes Foreclosure Prevention Act >