Real Estate Trends and Life in Phoenix, Scottsdale and Paradise Valley including mortgage, short sales, residential real estate statistics, wine reviews, Scottsdale events, Paradise Valley events.
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Whenever Congress tries to help us it seems someone always gets hurt. The Housing Assistance Act of 2008 (HR 3221) is one such piece of legislation. Section 3092 of this bill has a provision that will have tax consequences for real estate investors.
I live in the Phoenix area and found this site a couple of months ago. Good variety of posts with real estate updates and what's happening in the downtown Phoenix area. Worth reading in my opinion