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	<title>Visionary Realty News &#187; Internal Revenue Service</title>
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	<description>by Visionary Agents. Providing Comprehensive Real Estate Knowledge and Services to Residential Buyers and Sellers.</description>
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		<title>The #FairTax ensures that everyone earning above the poverty level would pay federal taxes.</title>
		<link>http://www.visionaryrealtynews.com/2010/05/31/the-fairtax-ensures-that-everyone-earning-above-the-poverty-level-would-pay-federal-taxes/</link>
		<comments>http://www.visionaryrealtynews.com/2010/05/31/the-fairtax-ensures-that-everyone-earning-above-the-poverty-level-would-pay-federal-taxes/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 01:49:29 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Petition]]></category>
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		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=26550</guid>
		<description><![CDATA[The FairTax ensures that everyone earning above the poverty level would pay federal taxes. Loopholes would not exist and Social Security and Medicare funding would be ensured.]]></description>
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		<title>EQUALITY STARTS WITH THE FAIR TAX, BASED ON CONSUMPTION!</title>
		<link>http://www.visionaryrealtynews.com/2010/04/10/equality-starts-with-the-fair-tax-based-on-consumption/</link>
		<comments>http://www.visionaryrealtynews.com/2010/04/10/equality-starts-with-the-fair-tax-based-on-consumption/#comments</comments>
		<pubDate>Sat, 10 Apr 2010 22:10:32 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
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		<category><![CDATA[Income tax]]></category>
		<category><![CDATA[Inheritance tax]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[United States Congress]]></category>
		<category><![CDATA[United States House Committee on Ways and Means]]></category>
		<category><![CDATA[United States House of Representatives]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=23578</guid>
		<description><![CDATA[APRIL 15 IS TAX DAY. I am not a single issue voter. I'm a registered Independent at the DMV. I am not prepared to give an unfair and growing amount of my earnings to the Federal Government. I want to put the IRS out of business with THE FAIR TAX!
Let's get HR 25, S 296 respectfully called upon by the Ways and Means Committee to conduct a fair, open public hearing, allotting 50% of the time each to the proponents and opponents on or about Tax Day April 15, 2010, and then send H. R. 25 to a vote of the entire House of Representatives. ]]></description>
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		<title>IRS issues new guidelines on obtaining home buyer tax credits #realty</title>
		<link>http://www.visionaryrealtynews.com/2010/02/25/irs-issues-new-guidelines-on-obtaining-home-buyer-tax-credits-realty/</link>
		<comments>http://www.visionaryrealtynews.com/2010/02/25/irs-issues-new-guidelines-on-obtaining-home-buyer-tax-credits-realty/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 03:22:22 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[L.A. Times]]></category>
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		<category><![CDATA[IRS Form 5405]]></category>
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		<category><![CDATA[Property tax]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tax credit]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=22135</guid>
		<description><![CDATA[
			
				
			
		


IRS issues new guidelines on obtaining home buyer tax credits
The Internal Revenue Service (IRS) recently issued new guidelines and clarified documentation that taxpayers must submit to successfully obtain the federal tax credit for home buyers.
MAKING SENSE OF THE STORY FOR CONSUMERS

 The federal tax credit for home buyers was extended and expanded late last year.  [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>#IRS offers guidance on new $6,500 tax credit for repeat home buyers in #realestate</title>
		<link>http://www.visionaryrealtynews.com/2010/01/24/irs-offers-guidance-on-new-6500-tax-credit-for-repeat-home-buyers-in-realestate/</link>
		<comments>http://www.visionaryrealtynews.com/2010/01/24/irs-offers-guidance-on-new-6500-tax-credit-for-repeat-home-buyers-in-realestate/#comments</comments>
		<pubDate>Sun, 24 Jan 2010 18:00:34 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Money-Saving]]></category>
		<category><![CDATA[Mortgage]]></category>
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		<category><![CDATA[Tax Issues]]></category>
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		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[Adjusted Gross Income]]></category>
		<category><![CDATA[Contract]]></category>
		<category><![CDATA[Form 5405]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[IRS Form 5405]]></category>
		<category><![CDATA[Mobile home]]></category>
		<category><![CDATA[Property tax]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tax credit]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=20567</guid>
		<description><![CDATA[With all the rules now available, here's the action message to potential tax-credit seekers: Speed up your search for the house you want to buy. Get moving. There are only 14 weeks to sign a contract and just five months to go to closing.]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2010/01/24/irs-offers-guidance-on-new-6500-tax-credit-for-repeat-home-buyers-in-realestate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8220;Like-kind&#8221; exchange, taking an exclusion, and being a landlord for a year: scenario in #realty</title>
		<link>http://www.visionaryrealtynews.com/2010/01/23/like-kind-exchange-taking-an-exclusion-and-being-a-landlord-for-a-year-scenario-in-realty/</link>
		<comments>http://www.visionaryrealtynews.com/2010/01/23/like-kind-exchange-taking-an-exclusion-and-being-a-landlord-for-a-year-scenario-in-realty/#comments</comments>
		<pubDate>Sun, 24 Jan 2010 07:03:47 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[1031 Starker Exchange]]></category>
		<category><![CDATA[Legal Advice in Common Scenarios]]></category>
		<category><![CDATA[Money-Saving]]></category>
		<category><![CDATA[Renting]]></category>
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		<category><![CDATA[Add new tag]]></category>
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		<category><![CDATA[Capital gains tax]]></category>
		<category><![CDATA[Commercial property]]></category>
		<category><![CDATA[House]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Square foot]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=20553</guid>
		<description><![CDATA[The law that allows homeowners to exclude up to $500,000 of gain is not a "once-in-a-lifetime" situation. It can be used over and over again. The only conditions are that the property must be owned and lived in two out of the five years before it is sold.]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2010/01/23/like-kind-exchange-taking-an-exclusion-and-being-a-landlord-for-a-year-scenario-in-realty/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Estate Planning: Here&#8217;s draft language if you ever feel threatened and you have a Last Will &amp; Testement</title>
		<link>http://www.visionaryrealtynews.com/2010/01/09/estate-planning-heres-draft-language-if-you-ever-feel-threatened-and-you-have-a-last-will-testement/</link>
		<comments>http://www.visionaryrealtynews.com/2010/01/09/estate-planning-heres-draft-language-if-you-ever-feel-threatened-and-you-have-a-last-will-testement/#comments</comments>
		<pubDate>Sat, 09 Jan 2010 08:59:43 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Legal Advice in Common Scenarios]]></category>
		<category><![CDATA[VRN]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[Death]]></category>
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		<category><![CDATA[Lawyer]]></category>
		<category><![CDATA[Life insurance]]></category>
		<category><![CDATA[Murder]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=18258</guid>
		<description><![CDATA[
			
				
			
		




Image via Wikipedia



Contemplate writing a codicil that has this language:
Codicil to my Last Will &#38; Testament
Upon my passing my estate&#8217;s executor will cause my estate to hire the services of a private investigator to investigate the events leading up to my death or incapacitation, the cause of my death or incapacitation, and to then, if [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Making Your Short Sale Shine! #realestate</title>
		<link>http://www.visionaryrealtynews.com/2010/01/01/making-your-short-sale-shine-realestate/</link>
		<comments>http://www.visionaryrealtynews.com/2010/01/01/making-your-short-sale-shine-realestate/#comments</comments>
		<pubDate>Fri, 01 Jan 2010 23:36:58 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Listing Presentation]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Short Sale]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[Federal Reserve System]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[Mortgage]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Real estate broker]]></category>
		<category><![CDATA[Short]]></category>
		<category><![CDATA[U.S. Housing Market]]></category>
		<category><![CDATA[VRN]]></category>

		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=17676</guid>
		<description><![CDATA[Last year, lenders often took three to six months to respond to a short-sale offer. If the response was no, the buyer was out looking for another home after having wasted a lot of time. Many buyers who expected short sales to be good deals shied away from them altogether after having a few bad experiences.]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2010/01/01/making-your-short-sale-shine-realestate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>First Time Homebuyer Tax Credit Extended Into 2010! Plus&#8230; A New Tax Credit for Certain Existing Home Owners! #realestate</title>
		<link>http://www.visionaryrealtynews.com/2009/11/07/first-time-homebuyer-tax-credit-extended-into-2010-plus-a-new-tax-credit-for-certain-existing-home-owners-realestate/</link>
		<comments>http://www.visionaryrealtynews.com/2009/11/07/first-time-homebuyer-tax-credit-extended-into-2010-plus-a-new-tax-credit-for-certain-existing-home-owners-realestate/#comments</comments>
		<pubDate>Sat, 07 Nov 2009 09:35:46 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Current Events]]></category>
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		<category><![CDATA[Accounting]]></category>
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		<category><![CDATA[Marriage]]></category>
		<category><![CDATA[Tax]]></category>
		<category><![CDATA[Tax credit]]></category>
		<category><![CDATA[Taxation]]></category>
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		<guid isPermaLink="false">http://www.visionaryrealtynews.com/?p=13976</guid>
		<description><![CDATA[It's official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009.
]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2009/11/07/first-time-homebuyer-tax-credit-extended-into-2010-plus-a-new-tax-credit-for-certain-existing-home-owners-realestate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Start house-hunting now to qualify for tax credit for first-time home buyers #Realestate</title>
		<link>http://www.visionaryrealtynews.com/2009/08/16/start-house-hunting-now-to-qualify-for-tax-credit-for-first-time-home-buyers-realestate/</link>
		<comments>http://www.visionaryrealtynews.com/2009/08/16/start-house-hunting-now-to-qualify-for-tax-credit-for-first-time-home-buyers-realestate/#comments</comments>
		<pubDate>Sun, 16 Aug 2009 07:00:00 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Current Events]]></category>
		<category><![CDATA[Foreclosure]]></category>
		<category><![CDATA[LA Area]]></category>
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		<category><![CDATA[Diane Dilzell]]></category>
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		<guid isPermaLink="false">tag:feeds.latimes.com://a514098a3609a8b24e7b5d5ffecd5047</guid>
		<description><![CDATA[First-time home buyers had better get a move on if they hope to take advantage of the $8,000 federal tax credit. The window of opportunity is closing rapidly.]]></description>
		<wfw:commentRss>http://www.visionaryrealtynews.com/2009/08/16/start-house-hunting-now-to-qualify-for-tax-credit-for-first-time-home-buyers-realestate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Unmarried co-titled adults fulfilling 24-out-of-60-month occupancy eligible for 250K exemption</title>
		<link>http://www.visionaryrealtynews.com/2009/05/31/unmarried-co-titled-adults-fulfilling-24-out-of-60-month-occupancy-eligible-for-250k-exemption/</link>
		<comments>http://www.visionaryrealtynews.com/2009/05/31/unmarried-co-titled-adults-fulfilling-24-out-of-60-month-occupancy-eligible-for-250k-exemption/#comments</comments>
		<pubDate>Sun, 31 May 2009 04:24:11 +0000</pubDate>
		<dc:creator>Carlo Capomazza</dc:creator>
				<category><![CDATA[Legal Advice in Common Scenarios]]></category>
		<category><![CDATA[Money-Saving]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Tax Issues]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Internal Revenue Service]]></category>
		<category><![CDATA[Maryland]]></category>
		<category><![CDATA[Real estate]]></category>
		<category><![CDATA[Washington]]></category>
		<category><![CDATA[Washington  DC]]></category>

		<guid isPermaLink="false">http://visionaryrealtynews.com/?p=682</guid>
		<description><![CDATA[
			
				
			
		




Image via Wikipedia



DEAR BENNY: My partner and I have a very serious decision to make quite soon. Can unmarried, co-titled adults on a property, having fulfilled the 24-out-of-60-month occupancy requirement each be eligible for the $250,000 exemption? –Pamela
DEAR PAMELA: The answer is yes. So long as both of your are on title, and have owned [...]]]></description>
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