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Core, Realtors

Tag: Oregon

Posted on 02/03/2020
Oregon's Legislature Tries to Nix Opportunity Zone Benefits
Photo courtesy of Pixels. One of the better government incentive programs that came from the Tax Cuts and Job's Act in 2017 provided critical capital gains tax benefits and deferments to investors. Now the Oregon House is considering gutting this benefit by disconnecting Oregon's Tax Code from the US Tax Code in the case of Opportunity Zones. If...
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Posted on 12/23/2019
Don't Forget About Oregon's First Time Home Buyers Saving Account Tax Deduction
Image by David Mark from Pixabay For first time home buyers including those who have not owned a home in the last 3 years, there is a special saving account available here in Oregon. You can deduct the amount saved up to $5,000 per individuals or up to $10,000 for couples off your Oregon taxes. Funds need to...
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Posted on 12/09/2019
First-Time Home Buyer Savings Account
Image by David Mark from Pixabay Here is updated information on Oregon's First-Time Home Buyer Savings Account . Previously I have posted a blog on this great program. Did you know, creating a savings account to buy a home can help reduce your taxes? Oregon’s First-Time Home Buyer Savings Account law allows residents to save money for first-time...
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Posted on 10/14/2019
Is Household Formation Strong or Weak?
Source:Oregon Office of Economic Analysis Here is information on Oregon's population growth, increasing household formations and the impacts of economic growth, housing availability and affordability. Our state continues to attract an inward migration. That comes with both positive and negative impacts. Overall the number of households in the state continues to increase. This is no surprise given that...
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Posted on 10/07/2019
Buy a Home / Oregon Bond Residential Loan Program
Image by David Mark from Pixabay Here is another great program to help first time home buyers get a home. It is available to Oregon Residents. Here is more information on the program. Oregon Housing and Community Services (OHACS) utilizes funds from periodically issued tax exempt bonds to assist first-time homebuyers (person that have not owned a home...
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Posted on 08/31/2019
Opportunity Zone Prices Are a Fraction of Nearby Property Costs
Image by Gino Crescoli from Pixabay. As a result of the 2017 Tax Cut and Jobs Act passed by Congress and signed by President Trump, a new investment option called Opportunity Zones is available to real estate investors. Oregon has 86 Opportunity Zones. Portland has 5 including Downtown Portland, The Pearl District and the Inner East Side. In...
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Posted on 08/12/2019
First-Time Home-Buyer Savings Account Program is Growing!
Photo courtesy of Sunstone Photography As previously reported on my blog, Oregon just this year enacted unique legislation into law which gives first time home buyers another tool to help them build savings to afford to purchase a home. Good news is that more and more financial institutions are making these accounts available to their customers. Here is...
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Posted on 08/03/2019
Did you Know? Proving who owns the property.
Image by rawpixel from Pixabay Land is as old as the earth. Like the structures built on it, land is “real property”, meaning it can’t be moved or hidden. Because real property is valuable, many people want to claim ownership. “Titles” came into existence as a way of legally claiming the right to the property. Throughout the centuries,...
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Posted on 07/24/2019
Introducing Dave Hiller, Oregon Licensed Broker
Video Introduction by Dave Hiller, Oregon Licensed Broker with Core, REALTORS...
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