Tag Archives: Insurance

Uninsured losses on property theft and fraud are tax deductible

Fraud by building contractors is a distressingly common occurrence. How’s this for a nightmare scenario: You agree to pay a contractor $400,000 to tear down part of your house and put in an addition. While the work is going on, … Continue reading

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2007 Mortgage Relief Act Gets Extended for One More Year

Congress passed a bill yesterday, The American Taxpayer Relief Act of 2012 (Sec. 202) which extends the Mortgage Forgiveness Debt Relief Act through December 31, 2013. This legislation extends dozens of other tax cuts that have expired or are set … Continue reading

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Ramstetter Joins Lockton’s Denver Operation

Kyle Ramstetter has joined Lockton as a producer based in the insurance broker’s Denver, Colo. office. Ramstetter will be responsible for client advocacy and new business development in property and casualty insurance for commercial clients. Lockton is the world’s largest … Continue reading

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Credit Rules the Housing Market

Existing home sales were basically flat in April, down close to one percent month-to-month and down nearly 13 percent year-over-ear, but you have to remember last year we were heavily under the influence of the home buyer tax credit. Now … Continue reading

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Will Home Price Warranty Restore Confidence?

There’s no question that consumer confidence, or lack thereof, is the greatest barrier in the way of a full-blown housing recovery. Credit, while tough to get, is historically cheap, home prices have fallen so far as to open the market … Continue reading

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Mortgage Delinquencies Turn a Corner

Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just before the recession began. Is it delays in paperwork … Continue reading

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