September 23, 2016
Is The Mortgage Interest Deduction Inequitable?
I have certainly thought so, as do many other housing policy types. Daniel Hemel and Kyle Rozema have a more nuanced view in their paper, Inequality and the Mortgage Interest Deduction, that was recently posted to SSRN. The abstract reads, The … Continue reading
September 23, 2016 in State and local 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 State and local tax matters | Permalink | No Comments
December 16, 2013
Reiss on “Sexy Tax Breaks” for Luxury Housing
MainStreet.com quoted me in Luxury Real Estate with Sexy Tax Breaks. The story reads in part, Buying a high end property doesn’t always cost a fortune for the wealthy especially if there are tax breaks attached. debt payments actual Property … Continue reading
December 16, 2013 in State and local tax matters | Permalink | No Comments
December 10, 2013
Imposing Order on Recording Chaos
Dale Whitman has posted A Proposal for a National Mortgage Registry: MERS Done Right. This is great timing because he will be touching on some of the issues raised in this article in tomorrow’s webinar. His proposal for a national … Continue reading
December 10, 2013 in State and local tax matters | Permalink | No Comments
June 21, 2013
Massachusetts District Court Interprets Ibanez Narrowly in Deciding That Plaintiff-Homeowner Lacked Standing to Challenge Bank’s Standing to Foreclose
This action arose out of an attempted foreclosure by defendant Aurora Loan Services on plaintiff David Kiah’s property. Based on the recent holding from U.S. Bank National Ass’n v. Ibanez, 458 Mass. 637, 941 N.E.2d 40 (2011), Kiah sought a … Continue reading
June 21, 2013 in State and local tax matters | Permalink | No Comments
