Tag Archives: income taxes

Cam Newton, Win Or Lose, Will Be Getting Sacked By California Income Taxes!

If he wins Super Bowl 50, the players share for Carolina Panthers starting quarterback Cam Newton will likely be over $100,000! On-the-other-hand if he is on the losing end, his players share will only be about half as much. But whatever the final score of the game ends-up being, suffice it to say that one of […]

New York State is #1 but the category is not good! (Map)

title insurance New York,New York City,Long Island

New York State is #1 in the nation for income tax collections per capita! Every US state would like to be known as the #1 best state for a variety of categories including such things as tourism and quality of life. But New York State has the ‘honor’ of being #1 in a category that no other […]

Short sale activity slides due to the cost of uncertainty! (Chart)

title insurance, New York,New York City,Long Island,Michael Haltman

Follow @Hallmark Abstract Service What happens if the debt forgiveness in a short sale becomes ordinary income? If the difference between the short sale price and the amount that is owed on the mortgage ever  became ordinary income for the already strapped homeowner, short sale activity will grind to a halt. This is a scenario that could potentially […]