San Gabriel City Community Development Updates

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Federal Housing Updates - September 9, 2021

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Did you know? That the California Association of REALTORS ®   continues monitoring the housing at the federal level on the REALTORS®' behalf.   What is REALTOR® Party? What is the Budget Reconciliation Package? What will happen if this package passed? And many more... If you missed the presentation from Matt Roberts, C.A.R. Federal and Local Government Affairs Director today, please   click here   or the YouTube image above   to watch this pre-recorded video.
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Virus Continues to Delay IRS Processing Of Foreign Investor Tax Returns/Refunds, ITIN’s and Withholding Certificates (Part 1)

By Michael W. Brooks, Esq. (michael@directsllp.com) Following up on our previous posts earlier this year, where we informed you the IRS employees in offices throughout the United States left those offices in late March, due to concerns about the virus (and stopped processing any foreign seller tax returns and paper tax returns for US taxpayers as well), we can tell you three and one-half months later that the IRS employees who process foreign seller issues and paper tax return refunds have still not returned to their offices to continue this work. While there have been numerous news reports about the IRS employees returning to their offices in June (and those reports were true in terms of answering phone calls and general operations), in terms of processing any paper tax returns (and issuing any refunds associated with such returns) and performing any function for foreign sellers of US real estate (we’ll go over those below), the IRS has not returned to work, and there appears to be no...
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