һ 4, 2013
I’m sure you have all been wondering how the “Fiscal Cliff” agreement will affect you and your loved ones. Well, Michael Tobin, attorney and Managing Partner at the Miami office of Rothman and Tobin Attorneys at Law has provided us with useful information concerning the “Fiscal Cliff” agreement and how it relates to real estate transactions.
Below is a list with the changes and key provisions affecting real estate, which were enacted in the past few days by Congress, and were signed by President Obama.
Keep in mind that if you or anyone you know is considering doing a short sale this is the year to do it, due to the changes that will take place in 2014. Niki Higgins has a CDPE, which means she is a Certified Distressed Property Expert. You can contact Niki Higgins at 954-828-1858.
To read recent commentary on the bill and related issues, please click on these links:
House passes Senate 'Cliff' Bill (National Association of Realtors)
Obama signs 'fiscal cliff' bill with autopen (USA Today)
Key Points in Bill Passed by Congress to Avert US 'Fiscal Cliff' (Reuters)
As with all tax matters, you should consult a tax professional and attorney in order to confirm the applicability of tax laws to your particular situation or transaction.
2100 N. Ocean Blvd. Suite #402, Fort Lauderdale, Fl 33305
Office: +1.954.828.1858 Mobile: +1.954.817.2500 Email: nhiggins@spg.cc
All information displayed on this website is subject to errors, omissions, prior sale or withdrawal without notice. All text, images, graphics, and other materials on this website are subject to copyright and other intellectual property rights of The Seaside Group at Douglas Elliman unless otherwise stated. These materials may not be reproduced, distributed of reposted to print or other websites without the express written permission of The Seaside Group at Douglas Elliman.
DOUGLAS ELLIMAN, LICENSED REAL ESTATE BROKER
All contents © Copyright 2018 Seaside Properties
Group at Douglas
Elliman.
All
rights reserved in All Countries.