Tag Archives: Selling rental properties

Mortgage Debt Forgiveness Tax Relief by U.S. Law Set to Expire at End of This Year 2012

U.S. law – Mortgage Forgiveness Debt Relief Act of 2007 – applies to debt forgiven in calendar years 2007 through 2012 – including possible debt forgiven through SHORT SALE process. For purposes of income tax, this law allows for exclusion of income realized as … Continue reading

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CAP Rates Help Real Estate Investors Determine Value

  Investors look at Capitalization rate (or “CAP rate”) of a property to help determine value. CAP rate is ratio between the net operating income (NOI) produced by an asset and its capital cost (the original price paid to buy the asset) or alternatively … Continue reading

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