The Taxpayer Relief Act of 1997 and Homeownership PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Taxpayer Relief Act of 1997 and Homeownership PDF full book. Access full book title The Taxpayer Relief Act of 1997 and Homeownership by Amelia Marie Biehl. Download full books in PDF and EPUB format.
Author: Amelia Marie Biehl
Publisher:
ISBN:
Category :
Languages : en
Pages : 226
Get Book Here
Book Description
Author: James Monke
Publisher:
ISBN:
Category : Farms
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Amelia Marie Biehl
Publisher:
ISBN:
Category :
Languages : en
Pages : 226
Get Book Here
Book Description
Author: United States
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 316
Get Book Here
Book Description
Author: Jerald David August
Publisher: American Bar Association
ISBN:
Category : Law
Languages : en
Pages : 566
Get Book Here
Book Description
Author: United States. Congress
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 828
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 204
Get Book Here
Book Description
The Taxpayer Relief Act of 1997 is now law. What are these new tax changes? How will they affect businesses and individuals? This comprehensive guide answers these critical questions and more, with a thorough review of the principal provisions of the legislation and how they will impact everything from capital gains and estimated taxes to IRAs, estates, gifts, and trusts. The experts at Coopers & Lybrand have harnessed the detailed analytical and interpretative skills their clients depend on to give CPAs, financial planners, and consumers the vital information they need to navigate these complex provisions with confidence. Inside you'll find: Indispensable planning tools for capitalizing on opportunities and minimizing negative consequences of the tax act Observations, examples, and tips—crucial hands-on help for working with the new rules Easy-reference charts and tables with instant summaries of key information Effective dates of tax law changes—essential data for successful planning And much more.
Author:
Publisher:
ISBN:
Category : Capital gains tax
Languages : en
Pages : 62
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 830
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Real estate investment
Languages : en
Pages : 36
Get Book Here
Book Description
Author: Gary Painter
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
The Taxpayer Relief Act of 1997 (TRA97) replaced a one-time, post- age 55 capital gain exclusion with a larger gain exclusion amount that could be protected every two years without requiring that the taxpayer trade up in housing. This action had the potential to impact housing transactions for every existing homeowner, regardless of age, as well as future purchasers of housing. We analyze household-level data to determine if the repeated ability to exclude periodic recognized capital gains on housing from taxation shortened housing tenure significantly after TRA97 became effective. We next consider whether the decline was heterogeneous across age groups, across trading up and trading down, and across geography. Given that the impact of the Act appears at first glance to be most profound for taxpayers close to 55 years of age, a somewhat surprising result of our research is that significant decreases in tenure are pervasive, appearing in all age ranges and in samples of homeowners who trade up and who trade down. Finally, we provide additional evidence at the aggregate level that TRA97 led to measurable changes in the price elasticity of housing turnover in the four geographic regions defined by the U.S. Census Bureau (Northeast, Midwest, South and West) and in states that are home to large metropolitan housing markets.
