Chris Breck,'s (cbreck) Blog

By
Title Insurance - Advantage Title Company - Nationwide
RECENT BLOG POSTS
The Professional Development Institute presents: Free Continuing Education on 1031 Exchanges Made Simple (3 Free Credit Hours) Learn all of the fundamentals and guidelines in 1031 Tax Deferred Exchange; Time lines, restrictions, and how to manage your clients engaged in a 1031 transaction. Taught...
07/22/2008
The Prince George's County Office of Finance has issued a notice increasing the State Recordation Tax Rate from $2.20 per $500 to $2.50 per $500 on documents executed after July 5th 2008.  Documents executed prior to July 5th will be accepted at the previous rate of $2.20 per $500 until August 31...
06/10/2008
Please be advised that recent changes to the top margin State income tax rate for individuals have the effect of increasing the withholding required for sales of property by nonresident individuals.   Effective July 1st 2008, withholding for nonresident individuals has been increased from 6.75% t...
05/27/2008
I recently attended a Maryland Association of Mortgage Brokers Town Hall Meeting to review new laws affecting those of us in the mortgage business.  These three bills are considered Emergency Legislation and will take effect in Maryland very soon.   SB216 alters the recordation requirements for M...
04/28/2008
Senate makes headway on housing fixI know, I know.. another boring post about politics! I am sorry, this stuff intrigues me:Last Thursday the Senate began debate on a $15 billion bipartisan housing relief package. Democrat and Republican lawmakers have been facing "election year pressure" to resp...
04/07/2008
Bush Vetoes Changes to FHA Guidelines, April 1 2008Despite the potential relief for thousands of home owners, President Bush announced yesterday that they will not make changes to the current FHA guidelines.  He sited many reasons including an "over correction" of the Housing Market that will cre...
04/01/2008
Did you know you can write-off your cable bill? Do you know a trick that can allow you to write-off 100% of the gifts you give your clients?Does your spouse need new eye glasses (because you can write that off too!!)?It is tax time again as the IRS 2008 deadline is quickly approaching. 2008 Bring...
03/26/2008
HUD released a new RESPA reform proposal which includes a standardized Good Faith Estimate. Technically this is an old reform proposal as they attempted the introduction of the 3-page GFE in 2002, but where met with heavy resistance.  They estimate this could save borrowers an average of $668 at ...
03/17/2008
1031 Exchange - Sail your Second Home in a Safe HarborEffective March 10th the IRS is now allowing Second Homes to qualify for a Section 1031 tax-free exchange; even if you take pleasure in personal use of the property.  The IRS is clear in that buying a second home in the hopes that it will one ...
03/05/2008
Here is a letter sent out Monday March 3 by Scott Syphax, President & CEO of Nehemiah Corporation of America:Dear Colleague,I am pleased to announce that Nehemiah was victorious in its litigation against HUD!Judge Lawrence K. Karlton of the United States District Court for the Eastern District of...
03/03/2008
Rainer
8,960

ChrisBreck,

Advantage Title Company
smartphone(443) 695-2090
Contact The Author