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Archive for May 23rd, 2007

Uncle Sam is always with you. What a guy.
You did a short sale and now your done, right? wrong! There’s still someone else you have to settle with. Yes, that’s right, our beloved Uncle Sam.
You still have to pay taxes on the loss your mortgage company took. If your mortgage company takes a $50,000 loss, you will then owe [...]

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Morgan Stanley Real Estate is buying out Crescent Real Estate Equities Co. for 6.5 Billion and said it expects to close by the end of the third quarter. Crescent owns prime real estate in Downtown Gables. http://southflorida.bizjournals.com/southflorida/stories/2007/05/21/daily19.html?jst=b_ln_hl

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