This week’s interview on Financial Insider Weekly is with Professor Patricia Cain of Santa Clara University School of Law.. Our interview subject is "Tax concerns of same-sex couples and unmarried couples."
Governor Brown vetoes debt cancellation conformity
California’s partial exclusion for cancellation of debt income relating to a principal residence expired on December 31, 2013.
AB 99 (Perea) would have extended the exclusion to December 31, 2014.
Governor Brown vetoed the extension.
For some details about cancellation of debt for real estate, see my article, Tax Consequences of a Short Sales of Real Estate vs. Foreclosure http://realestateinvestingtax.com/shortsale.shtml.
What financing alternatives are there for small businesses?
This week’s interview on Financial Insider Weekly is with Paul Duren, Senior Vice President of Bridge Bank. Our interview subject is "Small business financing."
How does ownership title affect your taxes?
This week’s interview on Financial Insider Weekly is with attorney William D. Mahan, of counsel to Gates, Eisenhart, Dawson. Our interview subject is "Tax and financial considerations of title.