Treasury Department finalizes deferred interest rules

The Treasury Department is completing several multi-year tax regulatory projects that primarily relate to the Tax Cuts and Jobs Act of 2017 ahead of the new Biden administration. The main ones are the deferred interest and business interest deductibility procedures, which the IRS has just finalized. Most of the new …

Read More »

Consumer watchdog slams government loan sales program – says it has ‘no rules’ in place to help people save their homes

Some Americans found themselves worse off after the Department of Housing and Urban Development sold their mortgages to private equity firms. That’s according to a report released by the US Government Accountability Office, which released this month a new analysis of HUD’s distress asset stabilization program. This program oversaw the …

Read More »

How to design a living room without a sofa

Jess McBride, Houzz contributor Living rooms usually have a sofa or two, but that doesn’t mean there isn’t another way. See these examples of living rooms that do without the usual sofa and take a different approach with seating for conversation, cuddles and culture. Related: Key steps to keep in …

Read More »