Here are some pieces of legislation that have an impact on the Real Estate Industry. Share this information with you clients, friends and neighbors and take advantage of the "Pro's" in these Acts!
2010 Tax Relief Bill
- Capital Gains Tax remains at 15%
- Payroll taxes for employees & self employed remain reduced for 2011
- Credits for energy efficient new homes, existing homes and building remain in place for 2011
Department of Housing & Urban Development
- $73 million in grants to be given to 500 National, Regional , & Local organizations
- $68 million in grants to be given to housing counseling services
Veteran Benefit Act
- Waive housing loan fees for certain Veterans with service connected disabilities called to active services
Small Business Jobs Act
- increases the amount of start up expenditures that entrepreneurs can deduct from taxes from 5,000 - 10,000
- Deductions of health insurance costs - 2 million self employed will get tax deduction this year
- Tax relief for cell phone deductions
Call me or message me for more information.
Christopher Jordan Edwards
Direct: 484-319-0223
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