SF Mortgage http://sfmortgage.com/blog Insider's Guide to Mortgages Wed, 12 Dec 2007 23:51:14 +0000 http://wordpress.org/?v=2.0.5 en Real estate agents who invest in real estate need to pay attention to this http://sfmortgage.com/blog/?p=15 http://sfmortgage.com/blog/?p=15#comments Wed, 12 Dec 2007 23:44:43 +0000 Richard Realtors http://sfmortgage.com/blog/?p=15 The blog at taxloopholes.com is reporting that the IRS is challenging real estate agents who deduct their real estate losses from their ordinary income. The full-time real estate agents believe that they are ‘real estate professionals’ in the eyes of the IRS. The IRS doesn’t always seem to share that view. The two full posts that discuss this are here:

http://www.taxloopholes.com/connect/blog/diane-kennedy/2007/12/real-estate-professional-looph

http://www.taxloopholes.com/connect/blog/diane-kennedy/2007/11/irs-cracks-down-real-estate-pr

]]> http://sfmortgage.com/blog/?feed=rss2&p=15 No quick fix for the housing market http://sfmortgage.com/blog/?p=14 http://sfmortgage.com/blog/?p=14#comments Tue, 04 Dec 2007 00:54:37 +0000 Richard Sub-prime fallout Federal Reserve Mortgage market Housing market http://sfmortgage.com/blog/?p=14