Tax Proration Guide
Jurisdictional Due Dates
District of Columbia Tax Periods1st Half 10/1-3/31 (Due 3/15 – Paid in Arrears)
2nd Half 4/1-9/30 (Due 9/15 – Paid in Arrears)Maryland Tax Periods
Montgomery County1st Half 7/1-12/31 (Due 9/30 –...
Author: Federal Title
FIRPTA withholding rate to increase to 15% for sales exceeding $1 million
Starting February 16, 2016, there will be changes to the Foreign Investment in Real Property Tax Act ("FIRPTA"). FIRPTA is a tax law passed in 1981 that requires foreign persons to pay U.S. income tax on the gains they make from selling...
Maximum VA Loan county limits updated for 2016
The Department of Veterans Affairs Loan Guaranty Program recently published county “limits” to be used for VA Loans effective January 1, 2016. Please note, these limits do not reflect a maximum amount that an eligible veteran is permitted...
Help wanted: Settlement Coordinator
The largest independently owned title company serving the Washington, D.C. metro area is in need of a Settlement Coordinator with a minimum of one year of professional experience handling real estate transactions in the District of Columbia,...
Consumer agency takes aim
Consumer agency takes aim at deals that cost home buyers extra money [Oct. 21, 2015]