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What is FIRPTA, Time to apply for Norfolk real estate tax relief

Posted by James Breen at 16 May 2008 18:8

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Democracy was born in Western Europe when the rich grew tired of paying for the king's wars. Money, always a good lever, was used to limit the monarch's power and allow the people with money to control its spending. The idea, in less direct form, lives today in our Congress. But Congress, unlike the nobles of old, never acts frugally. Little of the money it spends comes from members, or even the very rich. Perhaps this should change. In ancient Greece, men of means were required to outfit .. click here.

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Posted in Norfolk, real estate taxes by vjp on May 7th, 2008 Applications are now being accepted for the Norfolk Real Estate Tax Relief program for seniors and/or the disabled. To qualify: You must be 65 years of age or totally and permanently disabled; You must live in the property to be exempted; Your combined income of owners and all relatives living in home cannot exceed $62,000 per year; and Your net worth, exclusive of the home, cannot ..[next].

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May 16th, 2008 categories: Real Estate News Another in a series of legal and title information articles by Jonathan Holfinger of Arrow Title….What is FIRPTA? This is an act of the Internal Revenue Code, Section 1445, called the "Foreign Investment Real Property Tax Act". This Act applies to real estate transfers for property located in the U.S. and Virgin Islands, where the Transferor/Seller is considered by the Internal Revenue .. read the rest part.

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Read the family finance guide from Moneynet.co.uk, providing information on family finance issues such as child trust funds (CTF's) and child tax credits.


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