Real Estate News

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Boyne City Michigan Real Estate is truly a buyers market!

Sunday, November 4th, 2007

Boyne City has always been a popular year round vacation destination in northern Michigan. Located on beautiful Lake Charlevoix, Boyne City is the perfect setting for golf, boating, water and snow skiing, and all of the other popular summer and winter activities. With something for everybody it is no wonder that each year more and [...]

Bill Alters Bankruptcy Code to Help Homeowners

Monday, October 22nd, 2007

by Chris Arnold
The House Judiciary Committee
is set to vote on a bankruptcy bill that housing advocates say could
help those in danger of losing their homes to foreclosure.
Lawmakers
are considering changing the bankruptcy code to offer greater
protections for homeowners at a time when foreclosure filings are at
their highest level since the Great Depression.
The bill would [...]

How Turning Your Home Into a Rental Allows Tax Loss

Saturday, September 8th, 2007

By Julian Block, Attorney
Generally, the IRS tax code prohibits any deduction for a loss on the sale of a principal residence. But it authorizes several exceptions.
For instance, the law allows a deduction for a loss from the sale of a personal residence that has been converted to rental property. But it limits the amount of [...]

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