Robert R. Rowley PS

Attorney at Law


Category: Real Estate

5 Tax Deductions That Are Typically Overlooked

5 Tax Deductions That Are Typically Overlooked

There are literally hundreds of ways you can use tax deductions to decrease your overall tax burden. Unfortunately, many people don’t even know these deductions exist, missing out on thousands of dollars in potential savings each year. http://www.fool.com/personal-finance/taxes/2014/03/30/5-tax-deductions-that-are-typically-overlooked.aspx  

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Airbnb’s Valuation May Have the Hotel Industry Shaking – TheStreet

Airbnb’s Valuation May Have the Hotel Industry Shaking – TheStreet

We’re using Airbnb ourselves for our vacation. I’m also being asked more often by clients my thoughts on the legal issues of renting rooms/houses/vacation places through Airbnb.  I’m a fan but keep in mind that there are tax and insurance issues for which you need to be aware of if you are going to use […]

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Foreclosures climbed in Spokane County last year County tallies record defaults despite gains in home sales

Foreclosures climbed in Spokane County last year County tallies record defaults despite gains in home sales

  http://www.spokanejournal.com/local-news/foreclosures-climbed-here-last-year/

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Spokane County commercial building economy recovering?

Spokane County commercial building economy recovering?

  The total value of building permits issued in Spokane County soared to a five-year high in 2013 at just over $1 billion in the unincorporated county and the cities of Spokane and Spokane Valley, and they’re off to a fast start again so far this year. http://www.spokanejournal.com/local-news/permit-values-hit-five-year-high-hold-momentum/  

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TINY HOUSES

TINY HOUSES

A local nonprofit has given a homeless camp a community of tiny houses in Olympia — could they do the same for Spokane? http://www.inlander.com/spokane/tiny-houses/Content?oid=2274657

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The 509 Legal Roundup – Law Firm of Robert R. Rowley PS – March_2014

The 509 Legal Roundup – Law Firm of Robert R. Rowley PS – March_2014

The 509 Legal Roundup – Law Firm of Robert R. Rowley PS.

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Washington LLCs have 3 year statute of limitations after dissolution

Washington LLCs have 3 year statute of limitations after dissolution

New case came out today reaffirming the fact that as to Washington LLCs that a creditor of the LLC has three years from the date of dissolution of the LLC within which to file suit against the LLC or the claims are forever barred. In other words, after you let a Washington LLC lapse (usually […]

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Buyers flock to foreclosures in 2013 — and many paid all cash – Jan. 23, 2014

Buyers flock to foreclosures in 2013 — and many paid all cash – Jan. 23, 2014

All-cash deals accounted for 29.1% of all home purchases last year, up significantly from 19.4% the year before, RealtyTrac said. via Buyers flock to foreclosures in 2013 — and many paid all cash – Jan. 23, 2014.

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Foreclosures climbed in Spokane County last year > Spokane Journal of Business

Foreclosures climbed in Spokane County last year > Spokane Journal of Business

Has the Spokane real estate market really recovered when 2013 foreclosures were up 77% over 2012? “Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends.  Last year, the Spokane County Auditor’s Office recorded 1,211 foreclosures on […]

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Ask Stacy: Will I Have to Pay Taxes Because of a Foreclosed Home? – Yahoo Finance

Ask Stacy: Will I Have to Pay Taxes Because of a Foreclosed Home? – Yahoo Finance

The 2007 Mortgage Forgiveness Debt Relief Act, extended through the end of 2013, specifically excludes forgiven mortgage debt from income. At least, as long as it related to a primary residence, was less than $2 million for joint filers, and, as the IRS puts it, was “directly related to a decline in the home’s value […]

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