Government and Real Estate is a collection of articles by Tallahassee real estate agent Joe Manausa, MBA, who covers many topics where there is government involvement in the real estate market.
As our federal government continues to flail and waste time disputing who caused the housing market collapse, I just sit here wondering what we’re going to do when Fannie Mae And Freddie Mac finally crash. Did you happen to catch the Super Bowl this past Sunday? Even if you didn’t, have you participated in our one-question [...]
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I have had quite a few conversations lately about the capital gains tax that results from a short sale or foreclosure, and what exactly what you should do when the lender sends you an IRS Form 1099-C. First of all, as a quick disclosure to first-time readers … I am a real estate broker in [...]
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There was an article in yesterday’s New York Times that explained the new mortgage relief plan, which is due to be signed today, is very close to completion. Like so many articles that have been written about the housing market crisis, this one liberally showed how all the victims will receive assistance. In case you [...]
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Have you recently received a letter from the Leon County Tax Collector, advising you to pay a Florida Tourist Development Tax? If you are a real estate investor in Florida, and you own residential investment properties, you should be aware of this tax. Fortunately, the tourist development tax only applies to the rental of living [...]
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As you will see from the six-step plan that I provide inside, I have devised a cost effective solution will allow the government to exit the “home ownership” business, save the taxpayers money, and help to bring about immediate market equilibrium in the US housing markets.
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The Miami Herald recently published a shoddy piece of marketing, er journalism, that demonstrated yet another reason that people are moving away from newspapers as their primary source of local information. In its Wednesday article, Despite foreclosures, lawmakers push for more development, the Herald managed to stitch together two pages of rhetoric and attempted to [...]
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We have been tracking the real estate market on a daily basis and reporting the rise and fall of the recovery due to the Federal Government getting involved in the mortgage market and real estate market. Our readers have tendered several questions on this subject, and recently “Harry” asked the following question: Hi Joe – [...]
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Unfortunately, house prices will continue to fall for quite some time. The imbalance between housing supply and demand can only be cured by an increase in the number of people wanting to live in Tallahassee houses, not by shifting people from the leasing side of the market to the owning side of the market. When [...]
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A small article regarding FAMU President Ammons’ six-figure bonus was published today in the Tallahassee Democrat and I think the story behind the story is far more important than one might realize from just seeing the newspaper article. Of course, I am highly un-qualified to have much of an informed opinion on this, so just [...]
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