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Words Associated with BENNY L. KASS
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Writers on the Same Beat
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- paul caron (TaxProf Blog)
Words: tax, irs, law, estate, deductible
Topics: U.S. Congress, United States, Virginia, Florida, Barack Obama
- stephen ohlemacher (Boston Globe)
Words: tax, payments, irs, house, pay
Topics: U.S. Congress, United States, Barack Obama, George W. Bush, Virginia
- eileen aj connelly (Canadian Business Online)
Words: tax, credit, irs, insurance, loans
Topics: United States, New York, U.S. Congress, Federal Trade Commission, Barack Obama
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Articles Written by: BENNY L. KASS
If you plan to buy into a condominium association -- or if you already own and plan to refinance the mortgage -- you should be aware of the new rules published by the Federal Housing Administration. For years, the FHA was the forgotten stepchild among ...
There is new vocabulary in mortgage lending: D4L. In order to be eligible for a D4L, or Deed for Lease, you must go through a DIL, short for a deed in lieu of foreclosure. These terms become relevant when your house is underwater -- the market value is ...
Q: I plan to lend my son and daughter-in-law $100,000 to assist them in buying their first home, a condominium in Maryland. I have heard about a legal concept called "imputed interest" and don't want to get caught in some kind of Internal ...
This presents quite a problem for us in the future when we try again to sell the condo. I believe the Internal Revenue Service rule says that we must occupy the property being sold for two of the five years prior to the sale to avoid paying capital ...
Short sales can happen when your house is "underwater," meaning you owe the lender more than the house is currently worth. A short sale seems to offer a painless way out of the deal.
Say your real estate agent presents a contract from someone willing ...
There are a lot of Washingtonians, including residents of suburban Maryland and Virginia, who bought real estate many years ago that has dramatically appreciated in value. Now, for a number of reasons, some of them want to sell. If your home is your ...
Q: My mother recently died, and her wish was that her estate be divided equally among her four children. My three siblings and I inherited three properties from her. Two were rental properties, of which one has been sold. We will soon be closing on the ...
Q: Is there a default on the part of the buyer and consequently, can the seller keep the deposit, under the following scenario: The real estate purchase contract does not contain the words "time is of the essence," however, the contract calls ...
AIf this is your principal residence and if the money you borrowed was used to buy, build or substantially improve that home, you will not have to pay income tax on debt that was forgiven by your lender.
This is a departure from the general rule, which ...
Q: My husband and I bought a house four years ago. We were legally separated 16 months ago, and the house was deeded to me. I have been paying the mortgage since our separation. I tried to contact the lender several times but was told I need my ...