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A real estate transfer tax, sometimes called a deed transfer tax or documentary stamp tax, is a one-time tax or fee imposed by a state or local jurisdiction upon the transfer of real property.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. [1]
The same principle holds true for tax-deferred exchanges or real estate investments. As long as the money continues to be re-invested in other real estate, the capital gains taxes can be deferred. Unlike the aforementioned retirement accounts, rental income on real estate investments will continue to be taxed as net income is realized.
Financial advisors are shying away from the traditional 60-40 allocation model for their clients' portfolios -- 60% stocks, 40% bonds. According to a new survey, they want a new structuring method ...
You want to invest in real estate, but you're not interested in buying a single-family home. However, you're not sure what other options you have. I'm a Real Estate Agent: Here Are 8 Renovations...
Money is well-suited to storing value because of its purchasing power. [4] It is also useful because of its durability. [5] Because of its function as a store of value, large quantities of money are hoarded. [6] Money's usefulness as a store of value declines if there are significant changes in the general level of prices. [7]
As an alternative, foreclosure rescuers have the ability to redeem the home from foreclosure with a new mortgage of their own. For a moderate fee or portion of the existing equity, this can keep the former homeowner in the home as a tenant while they repair their credit or increase their income.