On December 22, 2017, the tax bill known as the Tax Cuts and Jobs Act was signed into law by the President. Amongst the many areas of the tax code that the TCJA affects, real estate taxes and mortgage interest deductions are some of the biggest changes. Two of the most discussed provisions in the… Continue reading 2018 TAX REFORM AND REAL ESTATE
Category: Business
FHFA INCREASES CONFORMING LOAN LIMITS
Federal Housing Finance Agency (FHFA) announced that it will increase the 2018 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $453,100 on one-unit properties and a cap of $679,650 in high-cost areas. The previous loan limits were $424,100 and $635,150, respectively. The conforming loan limit determines the maximum size of… Continue reading FHFA INCREASES CONFORMING LOAN LIMITS
WHAT IS CROWDFUNDING?
Crowdfunding harnesses the power of social networks and the internet to give people the means to raise funds, help others overcome hardship, and meet aspirational goals. With crowdfunding, you can do everything from helping a friend pay for surgery to fulfilling a student’s dream of attending college, supporting a cause you believe in to helping… Continue reading WHAT IS CROWDFUNDING?