February 2, 2018
Tax Reform and Home Equity Loans
MortgageLoan.com quoted me in Tax Reform Just Made Home Equity Loans A Lot Less Attractive. It reads, in part, Home equity loans have long been attractive ways for homeowners to borrow money to pay for everything from major home improvements to … Continue reading
February 2, 2018 in Federal tax matters | Permalink | No Comments
December 21, 2017
The Impact of Tax Reform on The Real Estate Sector
Congress passed the tax reform act on December 20, 2017 and President Trump is supposed to sign it by the end of the week. A lot of ink has been spilled on the impact of tax reform on homeowners, but … Continue reading
December 21, 2017 in Federal tax matters | Permalink | No Comments
December 19, 2017
What’s with 1031 Exchanges?
US News & World Report quoted me in Why 1031 Exchange Investments Are Worth a Look. It opens, With tax reform nearing final passage in Congress, one of the most underlooked, but potentially overpowering, tax-advantaged investment tools is the 1031 exchange, which was … Continue reading
December 19, 2017 in Federal tax matters | Permalink | No Comments
November 3, 2017
Republicans and the Mortgage Interest Deduction
There is a lot to hate in the Republican tax reform plan contained in the proposed Tax Cuts and Jobs Act. (click here for a summary and here for the text of the bill itself). Overall, the bill is extraordinarily regressive, … Continue reading
November 3, 2017 in Federal tax matters | Permalink | No Comments
January 6, 2016
Housing Policy and Economic Mobility
Pamela Blumenthal and John McGinty of the Urban Institute have written an interesting research report, Housing Policy Levers to Promote Economic Mobility. I generally believe that housing policy should be designed to assist … Continue reading
January 6, 2016 in Federal tax matters | Permalink | No Comments
July 15, 2015
Strange Love for Homeowner Tax Rates
With a nod to Dr. Strangelove, David Hasen has posted a scary little thought experiment, How I Learned to Stop Worrying and Love our Homeowner Tax Rules on SSRN. The essay “estimates the magnitude of life-cycle tax benefits available from home ownership for … Continue reading
July 15, 2015 in Federal tax matters | Permalink | No Comments
March 19, 2015
Tax Expenditure Wars: Wealthy Households v. Poor
Henry Rose has posted How Federal Tax Expenditures That Support Housing Contribute to Economic Inequality to SSRN. This short article examines “how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households.” (1) Housing … Continue reading
March 19, 2015 in Federal tax matters | Permalink | No Comments