Taxes
SALT is known as what?
State and Local taxes.
Historically, tax payers have been able to deduct 100% of their state and local income, sales, and property taxes from their federal tax liability. However, the 2018 tax law changes capped the SALT deductible amount at $10,000 through 2025. For some states with high state and local income, sales, and property taxes, this halves the deductions that tax payers can claim. States care about this because it will impact housing prices, and therefore the state’s ability to collect taxes. It will also put downward pressure on tax rates and hikes.
Jason Pantara breaks down three stages of the listing process into what?
Off market, Pre Market and On Market
Inventory is up or down from August?
Down
What is the income cap for Idaho Housing Bond Program?
$110,000
Developer Larry Stone recently created and distributed a video called what about Spokane?
Curing Spokane
What is the highest tax bracket under the new federal tax code?
37%. It used to be 39.5%
Another way to describe photography and video is?
Architectural Media Package
Days on Market is how many days
96
On September 18th, the Fed dropped interest rates for the second time this year to what levels?
1.75-2% down from 2-2.25%
Spokane City Council is watching closely the court case Boise v. Martin to determine the best course for this current issue?
Homeless camps, and the ability to sit or lie.
HELOC interest is deductible only under this condition?
Use for home improvements
Jason breaks down his social media use using examples of this popular social media sites showing specific examples and the reach of each story.
Instastories
Average sales price is now roughly what value?
354k
What is the minimum amount down needed for a conventional loan?
3%
The entire staff of this community event tendered their resignation over the weekend.
Festival at Sandpoint
How many states do not have a transfer tax?
13: Alaska, Idaho, Indiana, Louisiana, Mississippi, Missouri, Montana, New Mexico, North Dakota, Oregon, Texas, Utah and Wyoming
Slydial is a system that allows what outreach
Mass Ringless VM Reminders
Average asking price is currently how much?
$671,000
What LTV doesn't require PMI
80%
Idaho failed this important marker for at risk students.
Math and English
What is the max amount interest can be deducted on in the new federal tax code
$750,000. Used to be $1,000,000
This is the number two search engine?
You tube.
Months of absorption is trending up or down?
Up
What is the jumbo loan value for Kootenai County?
$484,350
Whose's birthday is it today?
Ashley