Real Estate News
The recalled circuit breakers were sold at The Home Depot, Lowes, other hardware and building supply stores and numerous electrical distributors nationwide from June through August 2010. Consumers should immediately contact Siemens for a free inspection by an electrician and a free replacement product. For additional information contact Siemens at 800-756-6996 between 9 a.m. and 5 p.m. ET Monday through Friday or visit their website.
For complete details, go to: http://www.cpsc.gov/cpscpub/prerel/prhtml10/10354.html
A real estate tax provision was included in the health care reform tax bill, but rumors are flying about what it involves and who will be affected. The tax is targeted at upper income taxpayers (who make more than $200,000 a year) who ALSO make a substantial profit on the the sale of their home (more than $500,000 profit).
For an easy to understand article on the provision, go to: http://www.washingtonpost.com/wp-dyn/content/article/2010/07/15/AR2010071506964.html
