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March 2010 - Posts

Monday, March 29, 2010 6:52 PM

Debt Relief Act of 2007-Mortgage Foregiveness

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income
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Friday, March 26, 2010 9:31 AM

Sierra Nevada Realty Group Closes Escrow On Two Douglas County Homes

We are pleased to announce the sale of both 1833 Long Court and 1681 Mackland Ave. Sierra Nevada Realty Group represented both the buyer and seller sides of each transaction.
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Friday, March 26, 2010 9:25 AM

Home Buyer Tax Credit

The first time home buyer tax credit is expiring again s0on. As it stands today (hopefully it gets extended..) one must be in contract by April 30, 2010 and have closed escrow by June 30 2010. First time home buyers are eligible for up to $8000 and Sellers
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Thursday, March 25, 2010 7:32 PM

Price Reduced on 2660 Mountain Clover in Buckeye/Pinenut

Buckeye/Pinenut, Gardnerville - Announcing a price reduction on 2660 Mountain Clover, a lot / land. Now MLS® $239,900 - Hot price..... Property information
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Thursday, March 25, 2010 7:29 PM

Lot / Land For Sale in Foothill Area

23.50 acres with water rights • lot / land - MLS® $450,000 - Recession Proof pricing.. Foothill Area, Gardnerville - EXTRAORDINARY LAND FOR EXTRAORDINARY PEOPLE. Situated off Mottsville Road yet near the bottom of Kingsbury this is an exceptional
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Thursday, March 25, 2010 7:16 PM

Price Reduced on 18.83 Nature's Edge Road in Job's Peak Ranch

Job's Peak Ranch, Foothill Area - Announcing a price reduction on 18.83 Nature's Edge Road, a lot / land "Mature Pine Trees-Views". Now MLS® $495.000 price reduction. Property information
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Monday, March 22, 2010 1:57 PM

Fixer Upper Loans 203(k)

The 203(k) loan is a HUD/FHA-guranteed loan that provides funds for the purchase and renvation of a home. A 3.5% down payment is required with loan limits from $271,000 to $729,750 for 15 or 30 year mortgages. Here is an example of how it may work on
Posted by Cole Smith | 0 Comments
Monday, March 22, 2010 1:52 PM

Tax Carryback Rules

If you incurred a loss in your business in 2008 or 2009 and that loos results in overall negative income on your form 1040 or C coorporation tax return, the 2009 tax law provides an opportunity for you to carry back your 2008 and 2009 losses for up to
Posted by Cole Smith | 0 Comments
Wednesday, March 10, 2010 7:30 AM

Duplex Lots Available in Carson City-$50,000 each for 2 deeded lots

Sierra Nevada Realty Group is pleased to announce 7 new duplex lots listings in Carson City. Known as Sundance Ridge II these lots are fully improved with all utilities to the curb. These are unique in that for $50,000 each you are buying two deeded lots
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Wednesday, March 10, 2010 7:27 AM

Ski In Ski Out Lot-Pending

Sierra Nevada Realty Group is pleased to announce that 1638 Needle Peak Dr. a custom Ski In/Ski out lots at Heavenly Mountain is in escrow. This is a very unique site as very few lots exists with direct access to the ski run.
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Wednesday, March 10, 2010 7:26 AM

Severe Weather Impacts Home Sales

Pending Home Sales Down; Severe Weather Impacting Market Print Article RISMEDIA, March 10, 2010—Pending home sales are down and additional declines are expected from abnormal weather conditions, according to the National Association of Realtors®.
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