Last year, Steve Williams* lost his Miami job when his employer downsized; but Steve was fortunate enough to find a new job relatively quickly in another state. The only problem? What to do with his house in Miami. Keeping it as an investment wasn’t an option. Area rents would not support the monthly expenses, especially […]
Prospects slim for extension of mortgage-forgiveness debt relief, mortgage insurance deductions or home energy efficiency credits
Kenneth Harney over at The Real Deal South Florida has written an excellent article: “Groundhog Day for Federal Housing Taxes“. In it he discusses the looming expirations of several financial relief programs for homeowners. Among them are the Mortgage Forgiveness Debt Relief Act, deductions for mortgage insurance payments and tax credits for home energy efficiency […]