2 results for tag: North Carolina
Tax Consequences of a Short Sale of Your Principal Residence
The real estate boom appears to be over for now.
Morgan Stanley predicts that house prices could fall by 10 percent by the end of 2024, or perhaps twice as much in a worst-case scenario.
Those who purchased their homes at the top of the market could be in trouble, especially if the U.S. falls into a recession.
It is true, homeowners donʼt want to go through a foreclosure and the resulting destruction of their credit rating. Fortunately, there is an alternative for homeowners having trouble making their mortgage payments: a short sale.
Short sales avoid foreclosure, but they can result in tax liabilities.
What Is a Short Sale?
A ...
Happy New Year! Morris + D’Angelo Celebrating 25-Years and a New Decade Providing High-Level Financial Services Preserving Multi-Generational Family Wealth
Morris + D’Angelo provides assistance for people who are considering global expansion, most commonly into the United States.
Morris + D’Angelo is a boutique cross-border Financial Services firm that specializes and serves Multi-Generational Family-Based enterprises and their owners. Daniel Morris leads the firm’s Business Structuring, Taxation Strategies, and Related Services
Currently celebrating our 25th anniversary, Morris + D’Angelo has been providing high-level Financial Services for both families and entrepreneurs to determine how and where they should operate, expand, consolidate and associate their earnings; this includes their ...