tax solutions: Many states have call to action to fight rise in transfer tax - 04/09/07 06:57 PM
With a national slow down in real estate sales, many associations, agents and property owners are pooling together to protest and fight an increase in transfer tax in an already sluggish market.
http://www.inman.com/hstory.aspx?ID=62783
 Last week, the senate in Michigan turned down the pop up tax bill that would have kept property taxes from popping-up in homes sold between March 1, 2007 through September 2008 retroactively.  The treasury department estimated the loss in revenue to the state over the next 4 years to be 90 million dollars - clearly not something Michigan can afford.  We need some stimulation.  I'd love to to see no … (3 comments)

 
Marygrace Liparoto, Ann Arbor Realtor (The Charles Reinhart Company CRS, GRI, ABR (734) 497-6774) Rainmaker large

Marygrace Liparoto

Ann Arbor Realtor

Ann Arbor, MI

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The Charles Reinhart Company CRS, GRI, ABR (734) 497-6774

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