Estate Tax-Federal Estate Tax

Jackson Heights 2 bedrooms co-op at 33-05 90 St. Built in 1958. About 950 square feet. Maintenance $640 include electricity, gas, water, heat & real estate tax. Asking $185000. Kin Tsui, Kin Real Estate, KinRealEstate.com

Adam Waterman

www.putnam.com – The law introduced a provision for two years that allows a surviving spouse to potentially take advantage of an additional estate exemption amount when a spouse dies.

George

Thompson Von Tungeln, A PC Attorneys at Law www.estateplanningspecialists.com (661) 945-5868 857 West Lancaster Boulevard Lancaster, CA 93534-2348

Michelina Lasorsa

?”Insurance is the only form of investment that can protect other form of investments.”

Taylor Pernod

www.reit.com The Foreign Investment in Real Property Tax Act (FIRPTA) continues to be an impediment to foreign investment in US REITs, according to James Fetgatter, chief executive of the Association of Foreign Investors in Real Estate. Fetgatter said there are bills in both houses of Congress aimed at amending FIRPTA regulations. “I think reform has some momentum. The most encouraging sign is that people are talking about it,” he said. “I’ve been doing this job for 20 years. FIRPTA has been around for 25 years. I’ve never seen as much buzz about FIRPTA as I have now.” Speaking with REIT.com during The Real Estate Roundtable’s fall meeting, Fetgatter said part of the reason for that is because foreign investors today have a lot of choices where they put their money. “Twenty five years ago, the US was really their only option other than their own country,” he said. “It is a competitive issue now and FIRPTA really puts the US at a disadvantage.” The key reform issue to impact foreign investment in US REITs is raising the threshold before being subject to FIRPTA from 5 percent to 10 percent, and Fetgatter said the language in the proposed bills would address this issue. In general, Fetgatter said foreign investment in US real estate has slowed recently. “Like a lot of US domestic investors, things really slowed down at mid-year when there was a fear of another recession,” he said. “However, there remains a lot of investment coming from Canada and Germany, but Europe has its …

Vern Feller

It’s not about how much you earn. It’s about how much you keep! Learning how to legally avoid or defer the payment of income taxes is essential to your financial success. Our world class faculty will show how real estate investors can legally earn more while paying less in taxes. This webinar recording is suitable for experienced and novice real estate investors. You will learn: 1) Urgent year-end tax moves every real estate investor must be aware of 2) How to take advantage of special 2011 tax deductions before they expire 3) How to get the IRS and your tenants to pay for a healthier retirement than you thought possible 4)¬†Ways to ensure your self-directed IRA stays tax deferred 5) Which investments you should own personally and which investments you should own inside an IRA to optimize your tax advantages 6) How to identify and use your eight essential resources to legally earn more and pay less in taxes 7) Strategies to produce cash flowing real estate profits without the hassle and without the tax Time sensitive legal considerations that could have a huge impact on your taxes MEET OUR WORLD CLASS FACULTY David Campbell – professional investor / developer www.HasslefreeCashflowinvesting.com As a real estate developer, investor, syndicator, and broker, David Campbell has been a principal or key advisor to over $800 million of real estate transactions including apartments, office, retail, hospitality, winery, condo-conversion, and production home building. Believing …

Luigi Malnar

New taxes on mortgages?

Walter Tieger

Flushing 1 bedroom co-op at 141-16 25 Road. Built in 1957. About 650 square feet. Maintenance $570 include electricity, gas, water, heat & real estate tax. Living Room facing East.

Traci Thomas

2 bedrooms co-op at 15232 Melbourne Ave, Kew Garden Hills. Built in 1951. About 850 square feet. Maintenance $786 include gas, water, heat & real estate tax. School District 25. Asking $225000. Kin Tsui. Kin Real Estate. KinRealEstate.com

Ricardo Swett

1. Cut Pentagon spending, heavily, 95% – It will bring little pain, with the government spending at least $2 trillion a year more than it can raise with corporate taxes. We will go bust unless it stops. 2. We need to fire all the economists who said: “invest all Social Security assets into the stock market,” Greenspan, Bush, Pelosi, Boxer, all Democratic members of Congress. “Markets should always be self-regulating”, that housing bubbles are just froth, that too much debt doesn’t matter and that printing fake paper money not backed by silver or gold, will fix the problem. Abolish the Federal Reserve. JFK issued an Executive Order to abolish the Fed. We need some new economic ideas. 3. Tax all financial transactions. End speculative gains – There are two sorts of economic activity – the unproductive sort and the productive sort. Building Solar housing is productive. War is wrong. The unproductive sort comes from generals & bankers gambling on currencies or derivatives. The bankers crashed our economy & none of them have been executed yet. We need public executions of bankers in 2012. Occupy Wall Street. It results from speculation on the stock market or from buying and selling houses for short-term gain. Ban private ownership of more than 3 houses. Ban foreign ownership of American housing. It played a huge part in expanding the financial bubble bankers created, which widened the gap between rich and poor. To stop this, we need a financial transaction tax big enough to …

Sonny Blem