Commentary by F. Bradford Batcha As published in the NJSBA Real Property Trust & Estate Newsletter (view the original article here) Despite recent amendments to the New Jersey Bulk Sales Act, there still exists a major economic risk for anyone buying a home in New Jersey. The act [...]
On Thursday, May 17, 2019 Brad Batcha will be presenting a seminar entitled “Gains and Losses: Addressing Tax Challenges in Real Estate Transactions”. We hope to see you there!
Looking forward to connecting with colleagues at the NJSBA Annual Conference in Atlantic City where I will presenting a seminar in Cyber Security in the Real Estate Industry Wed., May 16th at 9:30 am at The Water Club in Atlantic City, NJ. Visit www.batchalaw.com for more information. [...]
Acting Internal Revenue Service Commissioner David Kautter will review the agency's ruling limiting how much New Jersey homeowners could deduct from their prepaid 2018 property taxes, two lawmakers said. Reps. Leonard Lance, R-7th Dist, and Josh Gottheimer, D-5th Dist., met with Kautter Thursday to press their case that all [...]
Thousands of homeowners are rushing this week to prepay their property taxes before the new tax legislation takes effect in 2018. The GOP bill caps the amount of state and local taxes that can be deducted from federal income tax liability at $10,000.