KEEP THIS IN MIND
Gov. Arnold Schwarzenegger proposed a new round of $10,000 state tax credits for buyers of new and existing homes in California. To read the full story, click here: www.sacbee.com
Losing a home? A tax bite may be next
You might avoid debt-relief taxes if your lender forecloses on your house and cancels your mortgage. But you could still wind up owing a lot of money to the IRS. To read the full story, please click here: msn.com
Homeowners forced to buy flood insurance after FEMA redraws maps
Tens of thousands of homeowners in Southern California are being forced to buy costly flood insurance because new maps issued by a federal agency say they live in a high-risk flood area. To read the full story, please click here: www.latimes.com