Uncommon Sense: Neighborhood Recovery Act
March 30, 2010 - 3:01 am
First: Move residential real estate, (one to 4 family units) ASAP, into both the ordinary and portfolio tax categories for properties that are acquired in the next 24 months by anyone (individuals, partnerships, corporations etc).
Second: Any residential real estate acquired in the two year period would remain in this new deducible income tax state for the life of property ownership by the investor or investment entity.
A balance market will begin to emerge as investors and investment entities acquire residential real estate at what I believe will be unprecedented levels
By Stanley Klos
Duration : 0:9:58
Arthur Robinson interviews Anne M. Rubin part 1…Real Estate home buying YOU CAN CALL ME AT 215-490-2516. MS.ANN M. RUBIN IS A REAL ESTATE EXPERT SHE IS VERY INFORMATIVE ABOUT THE REAL ESTATE BUSINESS.MS. ANN M. RUBIN KNOWLEDGE IS VERY POWERFUL.http://american-planning.com