Tag Archives: federal government

New York City Ultra-Luxury Real Estate – Is The Sky Falling Or…

NYC luxury real estate market

Summary: NYC Ultra-Luxury Residential Real Estate Market Targeted At The Superrich Getting Soft? Has the market reached a tipping point or is this merely the pause that refreshes? Is the sky staying right where it’s supposed to be but the prices for apartments located there certainly seem, shall we say, soft? In-other-words, in terms of the ultra-expensive listings […]

Feds To Track High-End, All-Cash Real Estate Transactions In Manhattan And Miami!

The US Treasury Departments Financial Crimes Enforcement Network (FinCEN) to begin tracking high-end real estate sales! FinCEN Takes Aim at Real Estate Secrecy in Manhattan and Miami “Geographic Targeting Orders” Require Identification for High–End Cash Buyers WASHINGTON – The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. […]

Leave the mortgage interest deduction alone!

title insurance New York,New York City,Long Island

  The Mortgage Interest Deduction! Of course the title of the article is a parody of the fan pleading for the masses to leave Britney Spears alone but, for anyone who owns real estate that is mortgaged or who may be thinking of buying residential property with financing, the title is actually quite significant. This […]

Tax Day Quiz: Where do federal tax revenues come from?

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service What could be more appropriate on April 15, Tax Day, than examining which segment of the populace contributes the greatest portion of federal tax revenues? As individuals and/or business owners who pay into the federal coffers, we often feel as if the entire tax burden is falling squarely on our shoulders […]