Tax season is here once again. Only this year, doing your taxes is more confusing than ever. For most tax payers, doing our taxes is dreaded more than any other time in the year. With good reason, the forms for filing your taxes are often confusing and hard to understand.
Seller – The seller is in trouble, and they’ve likely been unable to sell the home using traditional means. They are heading toward foreclosure or a short sale. In either of those situations, they will NOT receive any cash from the loss of their home.
In March of 2006, my eBook How To Prosper In the Changing real estate Marketplace. Protect Yourself From The Bubble Now! stated that in short order the real estate market would slow down dramatically and become a real drag on the economy. We are experiencing this slowdown currently and the economy I feel is not far from slowing down as well. History has repeatedly shown that a slow down in the City Garden market and construction market has almost always led to an economic recession throughout America’s history.
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People across the country are dealing with more financial difficulties than ever before. Thankfully, the IRS is doing its part to help struggling taxpayers.
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Know your market and where it is heading, and then challenge yourself to stay on top of the market. As part of that watch your competitors, listings, and clients. Replicate the good things that others are doing or successful at.