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Housing Groups Tell Fed to Stop Raising Interest Rates

Hold onto your house-hunting hats, folks! The National Association of REALTORS®, along with the National Association of Home Builders and the Mortgage Bankers Association, just penned a stern letter to Fed Chairman Jerome Powell. They’re waving the red flag, warning that more rate hikes might just be a highway to Recessionville. In case you missed the memo, mortgage rates recently skyrocketed to a...

Bonus Depreciation for Short Term Rentals

Tax Talk: Bonus Depreciation HURRY! Time is running about to take advantage of the 80% bonus depreciation for 2023! And that includes furnishings!!The U.S. government has introduced a tax incentive known as bonus depreciation to stimulate investment in new capital assets, such as buildings, equipment, or furnishings, for businesses across various sectors, including short-term rentals. This incentive...

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