Posts with tag property taxes

Taking a Tax Loss When Property Value Declines

In today's episode of "Money and Happiness," DailyFinance's Laura Rowley turns to taxes. A reader asks: If I sell property at a loss, can I deduct it on my taxes? Watch the video for the answer. Got a question for Laura? Check out more Money and Happiness videos on DailyFinance. Continue Reading »

Survey: Homebuyers Don't Get Good Faith Estimate

A new survey reveals that more than half of homebuyers today don't know what the Good Faith Estimate is actually good for - namely, to shop around for the cheapest mortgage loans on the market. In a survey released by ING Direct on Wednesday, 56 percent of respondents did not use the GFE to compare lenders' associated... Continue Reading »

Swimming Pool Drifts Away From Homeowner

When is your swimming pool not actually your swimming pool? When it becomes the centerpiece of a confusing tax bill dispute between a homeowner and a city. Sarita Murray, a Baltimore homeowner, says she's the victim of city workers who are unwilling to admit they made a mistake. The city says she failed to pay a property... Continue Reading »

Don't Let High Property Taxes Stall Your Home Purchase

Hoang Uyen Nguyen is currently living rent-free in a relative's Eagan, Minn. home, but this 30-year-old TV advertising traffic professional really would like to buy a place of her own. However, high property taxes cause her pause. "I definitely want to purchase a home where I could afford the property taxes," she tells AOL... Continue Reading »

Property Taxes Rise as Home Values Fall

With home values nosediving in many areas of the country, why are so many markets facing huge surges in property taxes? Charles Hughes Smith at our sister site, DailyFinance, takes an in-depth look at this seemingly backward phenomenon and explains why this paradox is unsustainable in today's housing market. Common sense... Continue Reading »

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