Monday, May 24, 2010

Prevent New Tax Burdens on Real Estate

Prevent New Tax Burdens on Real Estate

Congress is considering new tax proposals that would place additional burdens on owners and investors in residential and commercial real estate.

The real estate industry is still very fragile and likely to remain so. In better times, the real estate industry would be a dynamic engine of job creation. Any new tax burdens on real estate owners will impair and delay further recovery. These proposals are ill-advised, inopportune and potentially destructive. Please take action today to tell Congress "No New Real Estate Tax Burdens".

3 comments:

Letting Agents Eastbourne said...

great post!!!.It is interesting and helpful.

Property developers in Pakistan said...

HI,,
There are many factor through which we save from tax but when we have extra property we are able to pay tax to Gov.

Seth Winkleman said...

It is only getting more difficult here in the USA. They are continually trying to add in more taxes on purchases and sales!