Last Update: April 3, 2022
Trump Tax Law Hurts Homeowners and Helps Real …
Real estate developers are now allowed to take new deductions on pass-through income, pay dividends that are taxed at reduced rates, take advantage of an exemption from a provision that otherwise limits businesses from deducting interest, and utilize
Actived: 8 days ago
New Report Details How GOP Tax Law Hurts …
(8 days ago) In contrast, the new tax law grants real estate developers significant tax breaks worth billions of dollars. According to new estimates issued by the Joint Committee on Taxation, four new tax breaks will result in a stunning $66.7 billion windfall for real estate developers over the next ten years.
Projected Effects on Homeowners in Baltimore City
(3 days ago) conference, a mysterious break for real estate companies was inserted into the final bill to allow developers to count depreciable real property in order to raise the cap of the deduction, which in turn could reduce the top rate from 37% to 29.6% for …
Effects of the “Tax Cuts and Jobs Act” on …
(2 days ago) Real estate developers are now allowed to take new deductions on pass-through income, pay dividends that are taxed at reduced rates, take advantage of an exemption from a provision that otherwise limits businesses from deducting interest, and utilize
DeSaulnier and Cummings Request GAO Review of …
(8 days ago) Washington, DC – Today, Congressman Mark DeSaulnier (CA-11) and Oversight and Government Reform Committee Ranking Member Elijah E. Cummings (MD-07) sent a letter to the Government Accountability Office (GAO) requesting a review of maintenance practices for foreclosed and real estate owned (REO) properties to identify any gaps which may contribute …
FEDERAL HOUSING FINANCE AGENCY OFFICE OF …
(6 days ago) Real Estate Owned . Federal Housing Finance Agency Office of Inspector General • AUD-2011-004 • September 30, 2011 6 Federal Housing Finance Agency Office of Inspector General Washington, DC PREFACE FHFA-OIG was established by HERA,1 which amended the Inspector General Act of 1978.2
U.S. General Services Administration
(7 days ago) controls. GSA is one of the largest and most diversified public real estate organizations in the world. Our inventory consists of over 9,600 owned and leased assets with approximately 370 million square feet of space across all 50 states, 6 territories, and the District of Columbia.
Ali Meders-Knight – Opening Witness Statement
(9 days ago) But every bit of value from the soil, water, timber, and real estate in California’s beautiful landscapes is built on the backs of thousands of years of our ancestral presence on this land. Tribal tending and management set up California’s ecosystems for resilience – from volcanoes, floods, droughts, and of course, wildfires.
UNITED STATES DISTRICT COURT FOR THE DISTRICT …
(2 days ago) franchise. But when it came time to calculate his real estate taxes, the President would deflate the value of certain assets. To support his accusations, Cohen produced financial statements from 2011, 2012, and 2013, at least two of which were prepared by Mazars. Case 1:19-cv-01136-APM Document 35 Filed 05/20/19 Page 2 of 41
Audit of the Department of Justice's Efforts to Address
(1 days ago) real estate market, combined with a relaxation of underwriting standards and practices, created an environment for mortgage fraud to flourish. During this time, according to the co-chair of the MFWG, a host of corrupt borrowers and industry insiders including – real estate agents, property appraisers, attorneys, title
Committee Releases Documents Showing Sackler Family Wealth
(4 days ago) Washington, D.C. (Apr. 20, 2021)—Today, Rep. Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, issued the following statement after releasing selected documents showing that members of the Sackler family, who have owned a controlling share of Purdue Pharma since 1952, are collectively worth a total of $11 billion: …
Top Democrats Request Documents After Reports That Kushner
(5 days ago) In November, Apollo lent $184 million to Kushner Companies—“triple the size of the average property loan made by Apollo’s real estate lending arm”—to refinance a Chicago skyscraper in which Kushner owns a stake.
Re: COVID-19 Recovery Legislative Proposal
(Just Now) o Allow the use of FSA Farm Ownership loans to refinance real estate and other debt to aid in recovery from this crisis Waive the prohibition on dual use of the Supplemental Nutrition Assistance Program (SNAP) and Food Distribution Program Indian …
F. Joseph Moravec Former Commissioner, GSA Public
(2 days ago) Moravec. I have spent most of my career in the commercial real estate industry as a broker, manager and owner of commercial property and commercial real estate services companies. From June, 2001 through July 2005, I had the privilege of serving my country as the Commissioner of GSAʼs Public Buildings
MR. MICHAEL GELBER DEPUTY COMMISSIONER, PUBLIC …
(7 days ago) GSA is committed to carrying out its mission of delivering the best value in real estate, acquisition, and technology services to government and the American people. We are continuing our work to aggressively manage our own assets while also pursuing innovative new processes to better utilize our inventory.
The Subprime Turmoil: What’s Old, What’s New, and What’s …
(3 days ago) by shocks relating to a real estate bust. The Great Depression was caused primarily by shocks relating to worldwide monetary and exchange rate policy, which were propagated, in part, through their effects on the financial system. For a recent review of the contributing factors to the Depression, see Parker (2007). 5
U.S. House Oversight & Reform Committee
(2 days ago) of real estate and more than $2 million in operational savings per year. • Regarding new construction, we have established a mandatory green building policy for the City, resulting in LEED certification for all City-owned buildings since 2012, from Firestations, to community centers, to major civic venues including the Amway
Methodology for Calculating Sackler Family Assets
(3 days ago) • Real Estate: The “Real Estate” figure reflects the combined value of the Sackler family’s residential real estate and real estate investments. For Side A, this figure includes real estate owned directly or indirectly and held principally for inhabitance, as well as other real estate not held for such a purpose.
Executive Director DCI Donor Services, Inc. 1600 Hayes
(7 days ago) with the coronavirus, because that would allow OPOs to mount a “real congressional action campaign” to oppose new reforms. While AOPO, its members, and affiliated organizations spent a total of only about $160,000 per year on lobbying in 2017 and 2018 combined, their spending nearly tripled in 2019 to $452,000.
TESTIMONY OF CASEY JONES DEPUTY DIRECTOR, BUREAU OF
(4 days ago) Real estate professionals, cost estimators, architects, engineers, project managers, construction executives, facilities . 3 managers, generalists, budget and policy analysts, and security personnel took part in the process. Input from other Bureaus in the Department, including the
TESTIMONY OF LAWRENCE YUN THE NATIONAL …
(1 days ago) in residential and commercial real estate as brokers, sales people, property managers, appraisers, counselors, and in other capacities involving the real estate profession. NAR members belong to one or more of some 1,400 local REALTOR® associations and boards, and 54 state and territory REALTOR® associations.
How the Government Can Create Jobs
(5 days ago) Real estate and stock prices will fall. Many banks will fail. There will be more foreclosures. Government spending will have to be slashed. Entitlements will have to be cut. Many voters will be angry. But such an environment will lay the foundation upon which a real recovery can be built. The government must allow our bubble economy to fully
United States House of Representatives
(1 days ago) Real estate licensing developments Other assets Total assets 9, | OO,OOO 490,000,000 21400,000 31 27400,000 184 IOO 000 The accompanying notes are an integral part of this financial statement. LIABILITIES AND NET WORTH Accounts payable, accrued expenses and retention payable
WHAT THE EURO CRISIS MEANS FOR TAXPAYERS AND THE …
(3 days ago) Portugal) are expected to have real GDP growth of 1.3% for 2012 and unemployment in 2012 of 9.9% (see Figures 1 and 2). The IMF also produced a longer-term Real GDP forecast. I have outlined the core (France, Germany, Italy and Spain) and they are all projected to have Real GDP growth in 2016 of less than 2%
House Committee on Oversight and Reform
(3 days ago) of the Real Estate Department since 1994. Javier del Rio used to be in Bodega Aurrera before taking up his position in the area of Real Estate Development. SC confirmed that the operation with irregular payments and handling through outside law firms for payments was directly known by Cesáreo Fernández, Eduardo Castro and Eduardo Juarez.
ASSESSING THE DEPARTMENT OF ENERGY LOAN …
(Just Now) global real estate investment trust. Utility firms like NRG Energy received three separate loans in the top 10 recipient list. • Prologis received $1.4 billion (8.75 percent of the total) to install solar panels on top of a building it owns. • Solyndra, the now bankrupted solar company, received $535 million in loan guarantees or 3.34
Chairwoman Maloney Issues Statement After Mazars USA
(3 days ago) Washington, D.C. (February 14, 2022)—Today, Rep. Carolyn B. Maloney, Chairwoman of the Committee on Oversight and Reform, released the following statement after Mazars USA reportedly severed ties with the Trump Organization: “Mazars’ letter is further confirmation of what has long been suspected: former President Trump’s claims about his …
Chairwoman Maloney’s Statement Following Court Decision
(6 days ago) Washington, D.C. (August 11, 2021)— Today, Rep. Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, issued the following statement after the U.S. District Court for the District of Columbia upheld in part the Committee’s subpoena for eight years of financial information from President Trump and his businesses: “Former President …
House Committee on Oversight and Reform
(4 days ago) real estate firm that owns Starrett City. Starrett City is the nation's largest federally subsidized residential property. The President's interest in this asset is valued at anywhere from between $5 million and $25 million.5 In 2009, the estimated value of Starrett City was $625 million, meaning that in
House Committee on Oversight and Reform
(7 days ago) loan made by Apollo's real estate lending arm"—to refinance a Chicago skyscraper in which Mr. Kushner owns a stake. I Citigroup also reportedly made a $325 million loan to Kushner Companies and a business partner in 2017—" shortly after Mr. Kushner met in the White House with Citigroup's chief executive, Michael L. Corbat.
Testimony of Lydia Muniz Director of the Bureau of
(1 days ago) populated real-estate and makes use of best practices more than innovation. This committee has inquired about the use of a glass curtain wall. Glass curtain walls are non-load bearing exterior walls that typically provide for large, unobstructed spans of glass across multiple floors. Curtain wall systems have been
Cummings Applauds Fannie Mae’s Decision to End Home Sales
(5 days ago) Washington, D.C. (May 23, 2017)—Today, in response to an investigation conducted by Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, officials from Fannie Mae and the Federal Housing Finance Agency (FHFA) informed Cummings’ staff that they are ceasing all sales of real estate owned (REO
W T KENNETH J. THOMAS NATIONAL ACTIVE AND RETIRED …
(Just Now) money through reduced real estate costs (or revenue from sales), improve services to the American people through increased productivity (in at least some cases), and provide a more attractive work environment for many current and prospective employees. The federal government faces an important challenge in recruiting employees to fill
Pinto Oversight and Government Reform Committee wr
(7 days ago) Submitted testimony by Edward Pinto, real estate financial services consultant and Fannie Mae’s chief credit officer 1987-1989. Chairman Towns and Ranking Member Issa, thank you for the opportunity to testify today. I am an expert in credit risk methodologies and loan performance metrics. I was Fannie Mae’s chief credit officer from 1987 to
Members of Congress Raise Concerns About Kushner Companies
(6 days ago) Members of Congress Raise Concerns About Kushner Companies' "Unusually Favorable" Deal with Chinese Firm Raise Questions for Key Treasury Department National Security Panel Washington, D.C. - Senators Elizabeth Warren (D-Mass.), Tom Carper (D-Del.), Sherrod Brown (D-Ohio), Gary Peters (D-Mich.), and Representative Elijah E.
Cummings, Waters, and Moore Lead 26 Members Requesting
(1 days ago) Washington, D.C. (Dec. 11, 2014)—Today, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, Rep. Maxine Waters, Ranking Member of the House Financial Services Committee, and Rep. Gwen Moore led 26 Members requesting that the Inspector General of the Federal Housing Finance Agency …