I remember growing up and hearing adults say, “Thanksgiving is my favorite holiday.” As a kid, I didn’t get it — there’s no candy, there’s no presents, there’s no warm-weather barbecue out on the patio. It just seemed like a bunch of food and time spent sitting around with adults listening to boring conversation. I guess I’m getting older, though, because these days Thanksgiving is my favorite holiday as well. I was fortunate when I was a kid; my life… read more →
One of the reasons Dublin Ranch homeowners are thinking seriously about short-selling their homes is because a Federal Tax benefit for underwater homes is expiring at the end of this year. The reason this is important is because, according to the IRS, if you are forgiven debt (through a short sale, or suffering a foreclosure) that’s considered income — and it’s taxable. So, picture this: you’re a family who has fallen on hard times in a bad recession. You get… read more →
