The mortgage industry can breath a sigh of relief with the final fiscal cliff deal bringing back a popular tax break on mortgage insurance premiums and debt forgiveness for borrowers who go through a short-sale or some other type of debt reduction.
The new "Medicare Tax" will apply to real estate transactions starting in 2013. This 3.8% surtax was passed in 2010 to help fund the new health care mandates and kicks in next year on many forms of investment income including...
With today's real estate market dramatically changing daily, it is still always better to be a homeowner. Here are 5 brief reasons why it is so great to own your own home.