economic modelling for that community on the possible
implications of a home ownership scheme, which must include a description of what might happen to house prices over time and what this might mean for the community and homeowners
However, needless to say there are a number of
implications of home ownership and many drawbacks to playing the role of a landlord.
Not exact matches
In order to explore the income tax
implications associated with transferring
ownership of a cottage, I will assume both a city residence and a cottage have been purchased subsequent to 1981 and I will assume that the principal residence exemption has been fully allocated to your city
home and the cottage will be the taxable property.
The National Association
of Realtors ® (NAR) has been monitoring the important discussion on the potential
implications that rising student debt may have on consumer access to mortgage credit, and more broadly,
home ownership.
Keep in mind that as everyone works to understand the new tax code and its
implication to our pocketbooks — and to the nation's housing stock — there's more to
home ownership than a simple consideration
of property values.