Monthly Archives: August 2017

IRS confusion over homebuyer tax credits – in 2010 and now?

According to some Federal Laws instituted during the 2008-2013 financial crisis run, there were two basic tax credits for first-time homebuyers to stimulate home purchases: First time homebuyers were offered a $7,500 (married) or $3,750 (single) “refundable” (meaning under certain … Continue reading

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Who’s going to prison or getting fined over real estate or mortgage crimes?

Former CFO of Long Island Real Estate Company Pleads Guilty to Multi Million Dollar Fraud… When sentenced, Bovell faces up to 20 years in prison, as well as restitution and a fine. A $50k bribe is small change in Boston’s … Continue reading

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