Laws & Taxes
New Law to Help Renters Learn More About Radon Levels in Their Homes
December 30, 2011 Posted by Illinois RealEstateRama
PRINGFIELD, IL – December 30, 2011 – (RealEstateRama) — A new law set to go into effect on Jan. 1, 2012, will help people who rent apartments, condominiums or houses access information about radon levels in their homes. The Illinois Emergency Managem…
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More tax relief for eligible homeowners
December 23, 2011 Posted by Hawaii RealEstateRama
L?HU‘E, HI – December 23, 2011 – (RealEstateRama) — County officials announced that more tax relief is now available for eligible homeowners. Prior changes in the Circuit Breaker and Home Exemption programs also resulted in savings to eligible prop…
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Statement from NAHB Chairman Bob Nielsen on Debate to Extend and Pay for Payroll Tax Deduction
December 22, 2011 Posted by NAHB
WASHINGTON, D.C. – December 22, 2011 – (RealEstateRama) — Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., today issued the following statement on a congressional plan to pay for extending a…
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Governor Chris Christie’s Sick Pay Reforms Needed to Deliver Real, Long-Term Property Tax Relief to New Jersey Families
December 20, 2011 Posted by New Jersey RealEstateRama
Trenton, NJ – December 20, 2011 – (RealEstateRama) — Governor Chris Christie has put forward a common sense policy to finally end the wasteful practice of paying out taxpayer dollars to public workers for unused sick days. These local government oblig…
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NEW LAWS TO IMPACT CALIFORNIA HOMEOWNERS NEXT YEAR
December 20, 2011 Posted by RealEstateRama
LAGUNA HILLS, CA – December 20, 2011 – (RealEstateRama) — From rental restrictions to electric vehicles and electronic meeting notices, Californians living in homeowners associations will see several new laws governing their communities starting Janua…
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HUD sets 2012 Rent & Income Limits for Section 8 and Low-Income Housing Tax Credit (LIHTC) programs
December 20, 2011 Posted by RealEstateRama
WASHINGTON, D.C. – December 20, 2011 – (RealEstateRama) — The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decrease…
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MBA Urges House to Vote Down Payroll Tax Extension
December 20, 2011 Posted by MBA
WASHINGTON, DC – December 20, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today urged members of the U.S. House of Representatives to vote against the Senate-passed bill that would extend the payroll tax holiday for two months by …
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Tax Cuts and Property Tax Cap Highlight New Laws That Take Effect January 1, 2012
December 19, 2011 Posted by New York RealEstateRama
New York, NY – December 19, 2011 – (RealEstateRama) — Middle class tax cuts that will reduce tax rates for millions of hardworking taxpayers and the two-percent property tax cap highlight new state laws that will go into effect on January 1, 2012.
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Metro-East Woman Sentenced on Mortgage Loan Fraud and Tax Fraud Offenses
December 15, 2011 Posted by Illinois RealEstateRama
December 15, 2011 – (RealEstateRama) — A metro-east resident was sentenced yesterday, December 13, 2011, in the United States District Court in East St. Louis, for participating in a conspiracy to defraud the United States and evade the payment of fed…
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Governor Quinn Announces New Home Financing Package for Illinois Veterans and Military Families
December 15, 2011 Posted by Illinois RealEstateRama
CHICAGO, IL – December 15, 2011 – (RealEstateRama) — December 14, 2011. Governor Pat Quinn today launched the Welcome Home Heroes program to promote homeownership for Illinois Veterans, active military personnel, reservists and Illinois National Guard…
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