fiscal cliff Archive

House Passes Senate ‘Cliff’ Bill

NAR Government Affairs summary of “fiscal cliff” legislation as passed by the House and the Senate. UPDATE: President Barack Obama has signed the agreement into law. Access on REALTOR.org. Real Estate Provisions in “Fiscal Cliff” Bill On Jan. 1...
January 2, 2013

Senate ‘Cliff’ Bill Retains Mortgage Cancellation Relief

Tax rates would remain the same for most households and mortgage cancellation relief is extended in a budget package passed by the U.S. Senate early this morning to avert the so-called fiscal cliff. The House today could take up...
January 1, 2013

Update on Fiscal Cliff: What’s at Stake for Real Estate

Congress today (Dec. 31) continues to wrestle with what to do about the fiscal cliff, the hundreds of billions of dollars in automatic tax increases and federal spending cuts that take effect at the end of the year unless...
December 31, 2012

Fiscal Cliff: What’s at Stake for Real Estate

The “fiscal cliff” has quickly become a commonly used term, but exactly what it means isn’t all that clear, especially for real estate. At it’s most basic level, it refers to sweeping tax cuts enacted a decade ago that...
December 11, 2012