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Federal Tax Lien Basics Federal tax liens are something that no one wants to deal with. There is nothing quite like knowing that the federal government is after you for unpaid money! Although most people think of income tax when they think of federal tax liens, they can actually also arise from unpaid gift or estate taxes. E-ZineDilution rescues Parsvnath profits in Q2 Delhi-based real estate company Parsvnath Developers Ltd (PDL) reported a consolidated net profit of Rs 61 crore for the July-September quarter, almost three times the Rs 22 crore net profit in the same quarter last year, on the back of other income resulting from a stake dilution. Business StandardFDIC: Commercial real estate a challenge Rising losses on commercial real estate loans will continue to hurt U.S. banks in coming months and pose the biggest challenge for many financial institutions and their overseers. MsnHome Insurance is Just As Important Regardless of the Market While real estate values have pretty much bottomed out it seems as though the insurance industry has not gotten the word. The only way to see if you are getting the best deal is to call around and get quotes to see if you can find cheap house insurance. New York TimesTech meet Press, Press meet Tech and What's a Product Manager? Last night, the nexyNY Digital crowd got a chance to converse with members of the Fourth Estate (or me, depending on their poor fortune). Charlie O’Donnell put together the “Meet the Startups” touting “100 CEOs and founders of NY Tech Startups in one room“. Since I was not representing a tech company this time around, [...] CenterNetworksFOMC Mixed on Real Estate Market Here are some MBS/Real Estate pertinent comments from the FOMC Statement: The staff briefed the Committee on the current status of the asset purchase programs. Participants noted that the primary inf... Big News NetworkCityscape Dubai visitors down 50% Organizers of Cityscape Dubai said today visitor numbers at this year's event fell around 50% on last year, to around 38,000, and exhibitors were down from 340 to 218. In a statement, Rohan Marwaha, Managing Director of Cityscape Dubai, said he was not surprised by the turnout and claimed that Cityscape held up well by international standards. 'We saw a shift back to market fundamentals at Cityscape Dubai this year. The speculators and other amateur investors were conspicuous by their absence as were any hint of unrealistic or dazzling developments. The mood was sober and professional. However compared with other real estate events in Europe and Asia, Cityscape by comparison was very well supported,' he noted. AMEUnderstanding the Mortgage Forgiveness Act There are many of us who do not have adequate knowledge about the Mortgage Forgiveness Debt Relief Act that allows taxpayers to eliminate up to $2 million of mortgage debt on their principal residence in 2007, 2008 or 2009. Mortgage forgiveness is quite a familiar term in the real estate market. Due to a person's financial [...] Finance News ProDubai property prices to fall further, says report A new report by Colliers International says property prices in Dubai are likely to drop further. Of 28 real-estate developers surveyed in the report, only 25% said prices have bottomed out. 'Prices will only level out once the demand exceeds supply... but a further reduction in prices by 20% in the residential sector is not unrealistic,' said JP Grobbelaar, director of research and advisory at Colliers. AMEFlorida`s Weak Banks Get Even Weaker There are only seven Florida banks with 'recommended' status by TheStreet.com, as the state suffers from bad real-estate loans. Market Watch1 2 |
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