Real Estate News - Carrie Deak

Real Estate News

A Good Way to Protect Yourself from Identity Theft

The IRS wants everyone to have an IP PIN What is an IP PIN? The IRS lists six tips for anyone considering an IP PIN: It’s a six-digit number known only to the taxpayer and the IRS. The opt-in program is voluntary. The IP PIN should be entered onto the electronic tax return when prompted […]
Real Estate News

Personal Representative Should Complete the Seller’s Property Disclosure Statement (SPDS) Even if They Have Never Resided in the Property

Resource: Arizona REALTORS® Legal Hotline FACTS: Acting on behalf of an estate, the court appointed personal representative listed the property for sale shortly after the death of the owner. The personal representative has never resided in the Property and has virtually no knowledge of the property’s conditions. The personal representative ultimately entered into an Arizona REALTORS® […]
Real Estate News

Breaking News: Eviction Ban Is Unlawful

Court Strikes Down Eviction Ban U.S. District Court Judge Dabney L. Friedrich of the District of Columbia struck down a nationwide eviction moratorium Wednesday, calling it unlawful. Friedrich’s ruling applies nationwide. The eviction ban was put in place last year by the Trump administration using public health powers granted to the Centers for Disease Control […]
Real Estate News

What’s This About 1031 Tax-Deferred Exchanges?

Over the years I’ve helped folks build modest real estate portfolios using something called the 1031 Tax-Deferred Exchange (a/k/a 1031 Exchange), actually a part of our Internal Revenue Tax Code. Now I’m not the expert in I.R.S Tax Code but I know enough about this particular code to help guide my clients and friends through […]