Real estate firm settles racial discrimination suit in Baltimore
Fine Homes agreed to pay 250000 to settle a suit by Baltimore Neighborhoods Inc alleging racial steering in northwest Baltimore. The firm did not admit wrongdoing and no longer operates in the city. settlement aims to deter discrimination and promote fair housing.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore Neighborhoods Inc
Fine Homes
Andrew Freeman
Freeman
Richard T. Sampson
Martin Dyer
Mr. Dyer
Remodeling can save taxes through capital gains rules
IRS treats home remodeling as a potential tax saver. Keep receipts for improvements, as capital improvements add value or extend life, while repairs do not. If you sell, gains may be taxable unless you buy a similar or greater value home within 24 months or qualify for a 125000 exemption for homeowners over 55. Maintain records indefinitely and verify with IRS guidance.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Ideas Magazine
IRS
Roger M. Smedley
Smedley Financial Services
Salt Lake City
Mr. Smediey
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