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Tag Archives: lesbian real estate

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LGBT Real Estate & Tax Benefits Post DOMA

Buying a Home

On June 26th, 2013, the Supreme Court finally scrapped the Defense of Marriage Act (DOMA); the law signed by President Clinton in 1996 that consequently denied same-sex couples 1,138 federal privileges and programs that were available to opposite-sex couples. During a historic 5-4 decision the Supreme Court struck down this law that cost many LGBT couples thousands of dollars in taxes that could not be declared as well as many wasted hours doing unnecessary property tax returns. The law also sentenced LGBT spouses to a poverty-stricken old-age as they were […]

To Buy or Not to Buy, that is the Question

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Whether or not to buy a home is one of the largest financial decisions most individuals will ever have to make. There are both advantages and disadvantages to buying a home. Owning one’s own home can provide a sense of satisfaction, stability, financial security and comfort, although home ownership does not come without certain costs ~ both the benefits and the costs should be considered before making a final decision. Homes are expensive both in their upfront costs and in their ongoing upkeep. Typically buyers finance such large purchases for […]

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