Browsing the archives for the Governmental Affairs category.

The New 3.8% Tax Rate

City of Dallas, Economic Outlook, Governmental Affairs, Investors, Lakewood, Multi-Family Property, Property Management, Real Estate, Real Estate Finance, Resources

Here is a report by the National Association of Realtors that explains the New 3.8% Tax Rate. When the legislation becomes effective in 2013, it may impose a 3.8% tax on some (but not all) income from interest, dividends, rents (less expenses) and capital gains (less capital losses). The tax will fall only on individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI.

To get you up to speed on the new tax legislation, the National Association of Realtors has prepared an informational resource. Click HERE to read.

As always, feel free to contact me with questions. You can also find more info on my website: www.CampagnaHomeSales.com

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Mark Dotzour Economic Outlook (Video)

Economic Outlook, Governmental Affairs, Real Estate, Real Estate Finance

It actually exits, an economists with a sense of humor.   He is one of the best! See the link below for a video.   He tells it like it is.  No filter on this guy.  It is entertaining and startling all at the same time.

From COLLEGE STATION (Real Estate Center) – Center Chief Economist Dr. Mark Dotzour shared his “Economic Outlook for Investors and Business Decision Makers” last week at the 2012 Land Investment Expo in Des Moines, Iowa.

The 42-minute video  includes Dotzour’s observations on the outlook for job growth, government policies, farmland and commodity prices and global investment trends. He also discusses what policies he thinks need to be adopted to restart the U.S. housing market.

 

Peoples Company Land Expo Keynote Speaker Dr. Mark Dotzour

 

 

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Why Realtors Support Proposition 2

City of Dallas, Governmental Affairs, Lakewood, Neighborhood Events, Resources

The following information is provided by TAR – The Texas Association of Realtors.

Do you like water? Then vote for Proposition 2

Proposition 2 saves taxpayer dollars on water projects needed by many communities. For example, it gives cities a lower-cost way to repair and replace water mains and to keep treatment plants from being overwhelmed.

How does Proposition 2 save money?
If Proposition 2 passes, communities can finance these much-needed projects through Texas Water Development Board bonds—a low-cost way to pay for them. Without Proposition 2, communities will be forced to finance these projects via alternate, more expensive methods.

What about the other propositions on the Nov. 8 ballot?
The Texas Association of REALTORS® has also endorsed Propositions 1 and 8. Proposition 8 extends a tax exemption to Texans who manage their land to conserve water and protect water quality. Proposition 1 would allow the surviving spouse of a 100% or totally disabled veteran to retain the disabled veteran’s property-tax exemption after the veteran is deceased/

Watch a video explaining why proposition 2 is good for Realtors:

Why we support Proposition 2 (Texas 2011)

 

 

 

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