All that you need to know about filing Form 1099-MISC

The 1099-MISC, a form used to report the income businesses pay to contractors, is a common way to report the payments you make in your line of business to the IRS. Continue reading

President Trump’s tax cuts cost homeowners $1 trillion: Report

Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth. Continue reading

LA’s housing plan for homeless is behind schedule and over budget

The city is now spending more than $500,000 per unit to house homeless, a mere $14,000 less than the median sales price for a condominium in Los Angeles. Continue reading

LA’s housing plan for homeless is behind schedule and over budget

The city is now spending more than $500,000 per unit to house homeless, a mere $14,000 less than the median sales price for a condominium in Los Angeles. Continue reading

Uptick in mansion tax drags NYC luxury sales to 4-year low

Combined with an rising transfer tax, the uptick has caused luxury sales for properties priced above $2 million to fall 31.5 percent. Continue reading

DOJ filing indicates wider probe into buyer’s broker commissions

In a new filing Monday, DOJ claims the National Association of Realtors is ‘inaccurately portraying’ a 2008 consent decree in its defense in buy-side commission lawsuit. Continue reading

Appraisal requirements axed on sales of $400K and under: Fed

Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading

‘They’re screwed’: iBuyers would suffer under Bernie Sanders’ housing plan 

The senator’s proposed anti-home flipping and vacant home taxes could strain the likes of Opendoor, Offerpad and Zillow Offers. NAR, meanwhile, disapproves of its rental regulations. Continue reading