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LOS ANGELES - It's tax season, and the IRS is being particularly generous to some of the nation's largest homebuilders.
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SACRAMENTO, Calif. - What should have been a legislative afterthought is threatening to become a financial purgatory for thousands of California taxpayers hit by the housing crisis.
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Mar. 17--NIAGARA FALLS -- The city is one of the first communities in New York to aggressively urge owners of historically significant houses to apply for state income tax credits that could help pay for rehabilitation of their properties under a new but little-publicized law, a professional preservationist said Tuesday.
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Mar. 17--ALBANY -- The popularity of home loans offered by the New York State Mortgage Agency is growing, a rise likely tied to the credit crunch and the federal tax credit for first-time buyers.
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Mar. 16--Legislation that would limit how much towns and cities can alter real estate development rules once projects are filed passed the New Jersey Assembly yesterday.
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COLUMBIA, Mo. - Missouri tax officials are warning people who live in rented housing that they do not qualify for a tax break unless their landlords pay property taxes.
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NEW YORK - Watch out for consumers, police financial products.
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WASHINGTON - A bipartisan bill that would provide tax cuts for businesses that hire unemployed workers cleared a GOP filibuster in the Senate Monday, opening the way for final congressional approval.
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WASHINGTON - A Democratic Senate bill to tame the financial markets would give the government new powers to break up firms that threaten the economy and would force the industry to pay for its failures.
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Mar. 15--Zachary and Elva Clevenger house-shopped for two years before deciding that now was the time to buy.
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WASHINGTON - The senator trying to rewrite the nation's financial industry rules is dropping plans to create a stand-alone consumer financial protection agency and to give a single regulator the power to oversee all banks, according to people familiar with the evolving proposal.
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Mar. 11--As the state's foreclosure crisis continues to overwhelm the private market's ability to buy up vacant houses, state lawmakers appear ready to help counties better control the situation.
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Mar. 11--MCALLEN -- Buying a house in the Rio Grande Valley will be much harder by this summer -- and it's not easy now.
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Mar. 9--Legislation to prevent the state from taxing forgiven mortgage debt cleared the state Assembly early Monday, offering potential tax relief to thousands of Californians who lost their homes in 2009.
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North Texas home sales drop again
Mar. 9--North Texas home sales dropped 5 percent in February, the third month in a row that sales by area real estate agents were down from a year ago.
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Mar. 8--Mention an upstate city, and chances are good Steven Weiss knows of a development there that's on hold or, even worse, at risk of dying.
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The House Revenue and Taxation Committee voted unanimously to advance a measure that would offer Idaho companies a $2,000 tax credit for new hires who make more than $35,000 per year and receive health insurance.
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Mar. 7--Falling home prices have transformed many properties from asset to albatross, but there's hope yet for those looking to sell: Nearly two-thirds of the Baltimore region's ZIP codes saw sales increases last year, the first time since 2005 that buying didn't slump across the board.
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WASHINGTON - Despite doubts among many lawmakers that it will create many jobs, the House on Thursday passed legislation giving companies that hire the jobless a temporary payroll tax break.
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Homestar program would provide up to $3,000 for product upgrades, whole-house retrofits.