Economy
If you own a second home in New York but don’t work there, you may soon be taxed like those who do, even on income made outside of the state. I love New York City and would be there every other week if I could. But I doubt I’d ever own property there, or could…
I love hearing about real estate life in the U.K. When it comes to health care, they are trying to reform their socialized regime — which is both awful and wonderful, depending on who you talk to — even as the U.S. steers towards socialized medicine. (The Brits want it to be less socialized.) Now…
You know how it is: we all know the best real estate agents, usually people we have worked with, realtors we trust. In Dallas, we are lucky enough to be loaded with top quality agents. We look at some of those those “best lists” and scratch our heads — who are these people, and did…
I think I could live with just about every single suggestion this bipartisan deficit panel has made, at least, those that I have read, except the home mortgage deduction limitations and eliminating the mortgage deduction on second homes. Homeowners can now deduct mortgage interest on mortgages up to one million dollars. But would a second…
The Presidential, bi-partisian committee scrutinizing ways to cut our huge budget deficit brought on by the housing market collapse, Wall Street firms going under, and the biggest government bail out in the history of the world, may end the U.S. home mortgage¬† deduction. It could certainly end the mortgage interest deduction of second home properties.…
