Archive for the 'Taxes' Category

Tax on Foreclosure

The impact of the housing market and the tighter lending standards has put the homeowners into a dilemma. Lending crisis continues to shake out, it has affected homeowners particularly those who have used creative mortgages. Long-time homeowners who refinanced their properties based on increased value too could find themselves in tax trouble with foreclosures. The [...]

Appraisal – Evaluation of Subsidized Housing

The purpose of this article is to analyze valuation methodology for several atypical types of apartments. Various circumstances and situations can cause an apartment complex to have above-or below-market rental rates, occupancy rates and operating expenses. This analysis examines the following two situations: 1. low-income subsidized apartments, which receive above-market rental rates from HUD or [...]