Goldstein & Levy, P.A., General Counsel Legal Bulletin February 15, 2011 | Is It Time To Repay The First-Time Homebuyer Tax Credit? The IRS has a reminder for homebuyers who took advantage of the first time homebuyer tax credit for purchases which were completed in 2008—it’s time to start repaying the credit. Qualified taxpayers who…
Goldstein & Levy, P.A., General Counsel Legal Bulletin February 3, 2011 | A 25-Year Foreclosure? Recent news stories have focused on the problems and delays that have been encountered throughout the country by mortgage lenders and their attorneys in connection with the management and processing of an overwhelming number of foreclosures on residential properties. A…
Goldstein & Levy, P.A., General Counsel Legal Bulletin January 12, 2011 | Withholding Rate on Sales of MD Real Estate by Non-Resident Sellers Reduced as of January 1, 2011 The rate of withholding taxes to be withheld and paid to the Clerk on the sale of real estate by non-residents in MD has been lowered,…