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Congress Considering New Tax Burdens on Real Estate

Dennis Norman

As the real estate market and industry continues to struggle to try to pull out of the dumps, another blow could come soon from Congress in the form of new tax burdens on real estate.

Congress is proposing that all owners of rental properties be required to complete and file 1099 forms [...]

Health Care To Be Subsidized By Real Estate

Dennis Norman

UPDATE: March 26, 2010: Pres Obama signed HR 35909 into law on March 23, 2010.  Yesterday the House and Senate approved the final version of HR 4872 and it now goes to the President for his signature (this is the bill that “taxes” real estate to pay for health care as I explained below) [...]