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The other value of real estate

I’ve been stalking the DC real estate market for months, first hoping to cash in on the $8,000 federal tax credit, then waiting for the credit to expire so housing prices could drop. If I’m going to buy, I want to make a “good...

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New requirements for DC’s Homestead Deduction

In this season of the World Cup, I’m sure most of us would consider it unfair to move the goal posts while the ball is in the air. Well, according to a recent announcement from the Homestead Unit within the DC Office of Tax and Revenue, moving...

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To rent or to own, that is the question

The $8,000 federal tax credit for first-time homebuyers expired for most of us a little over a month ago, but  mortgage rates continue to hold at historic lows prompting the question: Is it better to rent or own? The big picture story tells...

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