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Tax Info for the Real Estate Business Types-II

Business Taxes

Tax Info for the Real Estate Business Types-II



Understanding Your IRS Notice

 

 



We realize that receiving a notice from the IRS can be unnerving, but if you follow these simple steps, the process to resolving the discrepancy should be straight forward

Do you need to see what an IRS notice or letter says, but don't have it in front of you? If you know the notice number, you can look up its purpose, basic message, possible enclosures, and other useful details. And if you have the tear-off stub from the last page, you can use the information printed on it to see some of the variable content included in that notice.

How To Identify Your Notice
The notice number prints on the top of the first page of all our notices and on the lower left-hand side of the tear-off stub included with most of them. That number identifies the message we deliver in every notice. While the contents may vary somewhat, every notice with the same number has the same basic purpose.

Understanding Your Notice or Letter

CP or Letter Number Title
CP 11 Changes to Tax Return, Balance Due
CP 11A Changes to Tax Return and Earned Income Credit, Balance Due
CP 12 Changes to Tax Return, Overpayment
CP 14 Balance Due
CP 21B Data Processing Adjustment Notice, Overpayment of $1 or more
CP 22A Data Processing Adjustment Notice, Bal Due of $5 or more, Balance Due
CP 22E Examination Adjustment Notice, Balance Due
CP 23 Estimated Tax Discrepancy, Balance Due
CP 49 Overpaid Tax Applied to Other Taxes You Owe
CP 57 Notice of Insufficient Funds
CP 88 Delinquent Return Refund Hold
CP 90/CP 297 Final Notice - Notice of Intent to Levy and Notice of Your Right to a Hearing
CP 297A Notice of Levy and Notice of Your Right to a Hearing
CP 91/CP 298 Final Notice Before Levy on Social Security Benefits
CP 161 Request for Payment or Notice of Unpaid Balance, Balance Due
CP 501 Reminder Notice - Balance Due
CP 503 Second Request Notice - Balance Due
CP 504 Final Notice - Balance Due
CP 521 Installment Agreement Reminder Notice
CP 523 Notice of Default on Installment Agreement
CP 2000 Notice of Proposed Adjustment for Underpayment/Overpayment
Letter 0484C Collection Information Statement Requested (Form 433F/433D); Inability to Pay/Transfer
Letter 0549C Balance Due on Account is Paid
Letter 668D(LP 68) We released the taxpayer's levy.
Letter 0681C Proposal to Pay Accepted
Letter 0757C Installment Privilege Terminated
Letter 1058 (LT 11) Final Notice prior to levy; your right to a hearing
Letter 1615 (LT 18) Mail us your overdue tax returns.
Letter 1731 (LP 64) Please help us locate a taxpayer.
Letter 1737 (LT 27) Please complete and site Form 433F, Collection Information Statement.
Letter 1961C Installment Agreement for Direct Debit 433-G
Letter 1962C Installment Agreement Reply to Taxpayer
Letter 2050 (LT 16) Please call us about your overdue taxes or tax return.
Letter 2257C Balance Due Total to Taxpayer
Letter 2271C Installment Agreement for Direct Debit Revisions
Letter 2272C Installment Agreement Cannot be Considered
Letter 2273C Installment Agreement Accepted: Terms Explained
Letter 2318C Installment Agreement: Payroll Deduction (F2159) Incomplete
Letter 2357C Abatement of Penalties and Interest
Letter 2603C Installment Agreement Accepted - Notice of Federal Tax Lien Will be Filed
Letter 2604C Pre-assessed Installment Agreement
Letter 2761C Request for Combat Zone Service Dates
Letter 2789C Taxpayer Response to Reminder of Balance Due
Letter 2822C VRU Acceptance of Proposal to Pay (30,60,90, 120 days)
Letter 2823C VRU Monthly Payment Plan Confirmation
Letter 2840C CC IAPND Installment Agreement Confirmation
Letter 3030C Balance Due Explained:Tax/Interest Not Paid
Letter 3127C Revision to Installment Agreement
Letter 3217C Installment Agreement Accepted: Terms Explained
Letter 3228 (LT 39) Reminder notice.
Letter 4903 (LT 26) We have no record of receiving your tax returns.
Letter LP 47 Address Information Request
Letter LP 59 Please contact us about the taxpayer levy.

What If My Notice Isn't Listed

You'll find useful information here about many of the notices we send, including the purpose of the notice, the reason we send it, and a list of enclosures we might include with it. There's also sample content for each. Since parts of our notices vary depending on account conditions, the samples may not exactly match the notices we mail. The basic message, though, will be the same.
  • Individual Filer Notices
    Notices we send about Form 1040, 1040A, or 1040EZ, or any schedules, forms, or attachments included with it are Individual Filer Notice.

One of the ways we classify our notices is by the type of tax form they're about. We call notices we send about Form 1040, 1040A, 1040EZ, or any related schedules, forms, or other attachments individual filer notices. Notices we send about business-related tax forms such as Forms 941, 1065, and 1120, are called business filer notices and are listed elsewhere.

The Notices in Numerical Order

Here's a list of notices with detailed information available.

CP 09 - Earned Income Credit You May Be Entitled To From IRS
Informs the recipient that, based on information reported on their tax return, they may qualify to take the Earned Income Credit

.CP 10 - Changes to Tax Return, Reduced Amount Applied to Next Year's Estimated Tax
Informs the recipient of one or more changes made to their individual income tax return. The changes resulted in a reduced amount being applied to the following year's estimated tax.

CP 11 - Changes to Tax Return, Balance Due
Informs the recipient of one or more changes made to their tax return during processing. The changes resulted in a balance due on the account.

CP 11A - Changes to Tax Return and Earned Income Credit, Balance Due
Informs the recipient of one or more changes made to their tax return during processing. At least one of the changes affected the Earned Income Credit, and resulted in a balance due on the account.

CP 12 - Changes to Tax Return, Overpayment
Informs the recipient of one or more changes made to their tax return during processing. The changes resulted in an overpayment that will be refunded within six weeks if no other taxes are owed.

CP 13 - Changes to Tax Return, No Refund and No Balance Due

Informs the recipient of one or more changes made to their tax return during processing. The changes resulted in neither a balance due nor an overpayment on the account.

CP 13A - Changes to Tax Return and Earned Income Credit, No Refund and No Balance Due
Informs the recipient of one or more changes made to their tax return during processing. At least one of the changes affected the Earned Income Credit. There is neither an overpayment nor a balance due on the account.

CP 14 - Balance Due
Informs the recipient that there is a balance due on their individual tax account.

CP 16 - Changes to Tax Return, Resulting Overpayment Applied to a Balance Due
Informs the recipient of one or more changes made to their individual income tax return. The changes resulted in an overpayment, all or part of which we've applied to a balance due on another tax year.

CP 21B - Data Processing Adjustment Notice, Overpayment of $1 or more, Balance Due
Informs the recipient of changes made to their account which resulted in an overpayment and recipient is due money back.

CP 22A - Data Processing Adjustment Notice, Bal Due of $5 or more, Balance Due
Informs the recipient of data processing adjustments made to their account which resulted in a balance due.

CP 22E - Examination Adjustment Notice, Balance Due

Informs the recipient of an exam tax adjustment made resulting in a balace due of $5 or more .

CP 23 - Estimated Tax Discrepancy, Balance Due
Informs the recipient that there was a difference between the amount of Estimated Tax Payments claimed on their tax return and the amount posted to their account. This notice may also inform the recipient that we made corrections to their tax return. The notice reflects a balance due on the account.

CP 32A - We Want to Send You a New Refund Check
Explains why we are sending a new refund check, what needs to be done before we can send it, and what we'll do after the recipient replies to us.

CP 45 - Reduced Amount Applied to Estimated Tax
Informs the recipient that we weren't able to fully honor their request to apply a portion of their refund to the subsequent year's estimated tax, explains why, and shows the amount, if any, we did apply.

CP 49 - Overpaid Tax Applied to Other Taxes You Owe
Informs the recipient that we applied all or part of their refund to other taxes they owe, lists the amounts applied, and shows the amount, if any, to be refunded.

CP 54B - Problem With Name and Identifying Number
Informs the recipient that the name and identifying number used on their tax return don't match information we received from the Social Security Administration, gives examples of what might cause such a mismatch, and explains the steps the recipient needs to take to resolve it.

CP 54E - Problem With Name and Identifying Number
Informs the recipient that the name and identifying number used on their estimated tax payment don't match information we received from the Social Security Administration, gives examples of what might cause such a mismatch, and explains the steps the recipient needs to take to resolve it.

CP 54G - Problem With Name and Identifying Number
Informs the recipient that the name and identifying number used on their tax return don't match information we received from the Social Security Administration, gives examples of what might cause such a mismatch, and explains the steps the recipient needs to take to resolve it.

CP 54Q - Problem With Name and Identifying Number

Reminds the recipient that we're holding their refund because the name and identifying number used on their tax return don't match the information given to us by the Social Security Administration, gives examples of what might cause such a mismatch, and explains the steps the recipient needs to take to resolve it.

CP 57 - Notice of Insufficient Funds
Informs the recipient that we are charging a penalty for insufficient funds.

CP 60 - Notice of Credit Reversal
Informs the recipient that we've transferred a credit from their account leaving a balance due.

CP 75 - EIC Portion of Refund Delayed

Informs the recipient that we're delaying the EIC portion of their refund because we may examine parts of their tax return. The notice explains what areas we may examine and what steps we'll take next.

CP 75A - EIC Portion of Refund Delayed

Informs the recipient that we're delaying the EIC portion of their refund because we may examine the Form 8862, Information to Claim Earned Income Credit After Disallowance, filed with their tax return. The notice explains what steps we'll take next.

CP 75B - EIC Portion of Refund Delayed

Informs the recipient that we're delaying the EIC portion of their refund because we haven't received Form 8836, Qualifying Children Residency Statement, or are still reviewing it. The notice asks the recipient to send a copy of Form 8836 if they haven't already and explains what steps we'll take next.

CP 79 - Earned Income Credit Eligibility Requirement
Informs the recipient that they may need to complete an additional form to claim the credit if their Earned Income Credit (EIC) was disallowed or reduced by the IRS for any year after 1996.

CP 79A - Earned Income Credit Two Year Ban
Informs the recipient that they are banned from claiming the Earned Income Credit (EIC) for two years, and must complete an additional form to claim the EIC in the first year after the ban has been lifted.

CP 88 - Delinquent Return Refund Hold
Informs the recipient that we're holding their refund until they file their delinquent return or provide an acceptable explanation for not filing it.

CP 90 - Final Notice of Intent to Levy and Notice of Your Right to a Hearing

Informs the recipient that they still have a balance due on their account and that we intend to levy on certain assets unless they take appropriate action within 30 days.

CP 91 - Final Notice Before Levy on Social Security Benefits

Informs the recipient that they still have a balance due on their account and that we intend to levy on their Social Security benefits unless they take appropriate action within 30 days.

CP 501 - Reminder - Balance Due

Informs the recipient that they still have a balance due on their account and that we can file a Federal Tax Lien if they don't pay the entire amount within 10 days.

CP 503 - IMF 2nd Notice - Balance Due

Informs recipient that immediate action is required. No contact received from previous notice and a balance due is still pending.

CP 504 - Final Notice - Balance Due
Informs recipient when payment has not been made and this is the final notice that a levy will be place on certain assets.

CP 521 - - Balance Due
Notifies the recipient a payment is due and the penalties and interest that have accrued and will continue to accrue until the balance is paid in full.

CP 523 - Notice of Intent to Levy - You defaulted on Your Installment Agreement

Informs the recipient that they defaulted on their installment agreement, provides the reason for the default, and describes the actions we intend to take and what they can do to prevent us from taking those actions.

CP 2000 - We Are Proposing Changes to Your Tax Return
Informs the recipient that we're proposing changes to their tax return based on different information reported to us by their employers, banks, and other payers. The CP 2000 provides detailed information about the differences, the changes we propose, and what to do if they agree or disagree with the proposal.

  • Business Filer Notices
    Notices we send about business-related tax forms such as Forms 941, 1065, and 1120, are Business Filer Notices.

One of the ways we classify our notices is by the type of tax form they're about. We call notices we send about business-related tax forms such as Forms 941, 1065, and 1120, business filer notices. Notices we send about Form 1040, 1040A, 1040EZ, or any related schedules, forms, or other attachments are called individual filer notices and are listed elsewhere.

The Notices in Numerical Order

Here's a list of notices with detailed information available.

CP 101 - Math Error, Balance Due on Form 940

Informs the recipient of one or more changes made to their Form 940 or 940-EZ return during processing. The changes resulted in a balance due on the account.

CP 102 - Math Error, Balance Due on Form 941, 941SS, 943, or 945

Informs the recipient of one or more changes made to their Form 941, 941SS, 943, or 945 return during processing. The changes resulted in a balance due on the account.

CP 108 - Problem With Your Federal Tax Deposit

Informs the recipient we couldn't determine the tax type or tax period for which a federal tax deposit was intended and explains how we applied the payment.

CP 111 - Math Error, Overpayment on Form 940

Informs the recipient of one or more changes made to their Form 940 or 940-EZ tax return during processing. The changes resulted in an overpayment.

CP 112 - Math Error, Overpayment on Form 941, 941SS, 943, or 945

Informs the recipient of one or more changes made to their Form 941, 941SS, 943, or 945 tax return during processing. The changes resulted in an overpayment.

CP 138 - Overpayment Applied to Other Federal Taxes

Informs the recipient that we applied all or part of their overpayment to other taxes they owe.

CP 139 - You May Not Need to File Forms 940 or 941

Informs the recipient that they won't need to file Form 941 again unless they owe tax for the quarter.

CP 145 - Application of Overpayment Reduced

Informs the recipient that we weren't able to fully honor their request to apply a portion of their overpayment to the subsequent tax period, explains why, and shows the amount, if any, we did apply.

CP 160 - Reminder of Balance Due

Informs the recipient of a balance that is still due on their account.

CP 161 - Balance Due - Request for Payment or Notice of Unpaid Balance

Informs the recipient that there is an unpaid balance due on their account.

CP 165 - Penalty for Dishonored Check (Federal Tax Deposit)

Informs the recipient that a check they sent as payment for their federal tax deposit was returned unpaid by their bank.

CP 166 - EFT - Notice of Insufficient Funds Penalty

Informs the recipient insufficient funds were available for payment to cover their installment agreement..

CP 167 - We are Proposing a Federal Unemployment Tax Increase

Informs the recipient that we're proposing an increase to their federal unemployment tax because of information we received from their state agency.

CP 168 - We are Proposing a Federal Unemployment Tax Decrease

Informs the recipient that we're proposing a decrease to their federal unemployment tax because of information we received from their state agency.

CP 174 - Unemployment Tax Return Incomplete - Exempt Payments Not Explained

Informs the recipient that their explanation for exempt payments listed on their unemployment tax return was missing or unacceptable and requests an explanation.

CP 207 - Proposed FTD Penalty - Request for Correct Information

Asks the recipient to send us a completed Record of Federal Tax Liability (ROFTL).

CP 209 - EIN Assigned in Error

Informs the recipient that we erroneously assigned them more than one EIN.

CP 235 - Federal Tax Deposit Penalty Waived Due to Change in Deposit Requirements

Informs the recipient that we're waiving their FTD penalty because they meet the criteria for penalty relief.

CP 236 - Reminder of Your Semi-Weekly Deposit Requirements

Reminds the recipient that they're subject to semi-weekly deposits.

CP 238 - You Made One or More Late Federal Tax Deposits But We Didn't Charge You a Penalty

Informs the recipient that they made one or more late federal tax deposits and provides guidance on these deposits and how to make them.

CP 253 - Your Wage Reports Do Not Match the Amounts on Your Employment Tax Returns

Informs the recipient that the amounts they reported to the Social Security Administration on Form W-3 differ from the amounts they reported to us on Forms 941, 943, 945, or Schedule H.

CP 260 - Credit Adjustment

Informs the recipient that we removed one or more credits that had been erroneously applied to their account and that the account now has a balance due.

CP 261 - Notice of Acceptance as an S-Corporation

Informs the recipient that we've approved their election to be treated as an S-Corporation and to explain their obligations.

CP 267 - Account Overpaid - Possibly Misapplied Payments

Informs the recipient that they have more credit available on their account than they claimed on their tax return.

CP 268 - Correction and Overpayment Notice

Informs the recipient of one or more changes made to their return during processing and of a discrepancy in the total credits claimed on their return and the total credits available on their account.

CP 297 - Notice of Intent to Levy and Notice of Your Right to a Hearing

Informs the recipient of our intent to levy and of their right to receive appeals consideration.

CP 297A - Notice of Levy and Notice of Your Right to a Hearing

Informs the recipient of our intent to levy and of their right to receive appeals consideration.

CP 298 - Final Notice Before Levy on Social Security Benefits

Informs the recipient of our intent to levy on their social security benefits.

CP 521 - Installment Agreement Reminder Notice

Informs the recipient a payment is due and the penalties and interest that have accrued and will continue to accrue until the balance is paid in full.

What To Do When You Disagree
If your notice or letter is listed above, follow the link for advice on handling disagreements with the notice. In general though, you need to contact IRS at the contact number provided on the notice to explain why you disagree. If that doesn't result in your satisfaction, the Taxpayer Advocate may be able to assist.

Real Estate Industry Fact Sheet by Criminal Investigation
Through federal tax fraud investigations and money laundering charges, the Internal Revenue Service is playing a key role in the fight against real estate fraud.

Federal investigators have identified an increase in frauds and schemes in the real estate business. These schemes victimize individuals and businesses, including low-income families lured into home loans they cannot afford, legitimate lenders saddled with over-inflated mortgages and honest real estate investors fleeced out of their investment dollars.

Special agents with IRS Criminal Investigation are uniquely equipped to investigate these types of mortgage fraud and illegal real estate crimes because they are skilled financial investigators whose mission is to 'follow the money.'

Some of the common real estate fraud schemes include:

  • Property Flipping — A buyer pays a low price for property, and then resells it quickly for a much higher price. While this may be legal, when it involves false statements to the lender, it is not.
  • Two Sets of Settlement Statements — One settlement statement is prepared and provided to the seller accurately reflecting the true selling price of the property. A second fraudulent statement is given to the lender showing a highly inflated purported selling price. The lender provides a loan in excess of the property value, and after the loans are settled, the proceeds are divided among the conspirators.
  • Fraudulent Qualifications — Real estate agents assist buyers who would not otherwise qualify by fabricating their employment history or credit record.

The income earned from these types of real estate fraud schemes is often laundered to hide the money from the government. Money laundering is simply a process of trying to make illegally earned income appear to be legitimately earned. IRS Criminal Investigation follows the money and collects evidence to prove applicable tax and/or money laundering violations. Once they have obtained the evidence, IRS agents forward their investigation to the Department of Justice for criminal prosecution.

If a criminal investigation is not warranted, the IRS can also take civil action. Each year the IRS audits thousands of tax returns involving individuals and entities associated with the real-estate business.

IRS Criminal Investigation

Real Estate Fraud Statistics

FY2008

FY2007 FY2006

Investigations Initiated

349 337 309

Prosecution Recommendations

263 217 198

Indictments/Informations

255 134 157

Convictions

136

130

131

Sentenced

104

147

96

Incarceration Rate*

82.7% 85.7% 87.5%

Avg. Months to Serve

38 35 47
* How to Interpret Criminal Investigation Data
Since actions on a specific investigation may cross fiscal years, the data shown in cases initiated may not always represent the same universe of cases shown in other actions within the same fiscal year. Therefore, in fiscal year 2007, the data should reflect an increase in convictions and sentenced due to the fiscal year 2006 increase in case initiations, prosecution recommendations and indictments.

*Incarceration may include prison time, home confinement, electronic monitoring, or a combination.

For Summaries based on public record court documents on file in the judicial district in which the cases were prosecuted please follow the link.

Trends and Statistics - Real Estate
This site provides industry specific and general survey results that should be of interest to the small business owner.

National Association of Home Builders
The National Association of Home Builders (NAHB) is a federation of more than 800 state and local builders associations throughout the United States.

U.S. Department of Housing and Urban Development Research
The U.S. Department of Housing and Urban Development has information on trends and statistics.

Census Non-Employer Statistics
Provides periodic statistics that count and profile U.S. businesses with no paid employment and payroll. The United States Code, Titles 13 and 26, authorizes this program.

Characteristics of Business Owners Survey
The 1992 Characteristics of Business Owners (CBO) Survey provides the only national data available for comparing selected economic, demographic, and sociological characteristics among minority, women, nonminority male, and all business owners and their businesses.

Statistics about Business Size (including Small Business) from the U.S. Census Bureau
The Census Bureau does not define small or large business, but provides statistics that allow users to define business categories in any of several ways: in terms of employers and nonemployers, employment size of firms, employment size of establishments, receipts size of firms, and legal form of organizations.

Surveys of Minority - and Women-Owned Business Enterprises
These surveys provide valuable economic data on business owners' race, ethnicity, and gender, and are part of the economic census program, which the Census Bureau is required to conduct every 5 years by law (Title 13 of the United States Code).

Audit Technique Guides - Real Estate

The IRS Market Segment Specialization Program (MSSP) publishes various guides for use by IRS employees conducting audits and as information for taxpayers and practitioners.

The IRS Market Segment Specialization Program (MSSP) publishes various guides for use by IRS employees conducting audits and as information for taxpayers and practitioners.

Passive Activity Losses (PDF)
Provides examiners with specific guidance on potential audit issues, issue identification and lead sheets and other job aids.

Rehabilitation Tax Credit (PDF)
Provides examiners with audit aids (i.e. issue checksheet, pro forma Information Document Request, and standardized audit reports, etc.) which assist in identifying and addressing common rehab tax credit issues.

Related Links - Real Estate
This page provides you links to sites that have specific information dealing with real estate.

America's Small Business Development Center Network (ASBDC)
The mission of the ASBDC is to represent the collective interest of our members by promoting, informing, supporting and continuously improving the SBDC network, which delivers nationwide educational assistance to strengthen small/medium business management, thereby contributing to the growth of local, state, and national economies.

Environmental Protection Agency
The mission of the U.S. Environmental Protection Agency is to protect human health and to safeguard the natural environment--air, water and land--upon which life depends.

Federal Historic Preservation Tax Incentives
The Federal Historic Preservation Tax Incentives program is one of the nation's most successful and cost-effective community revitalization programs. The program fosters private sector rehabilitation of historic buildings and promotes economic revitalization.

National Association of Home Builders
The National Association of Home Builders (NAHB) is a federation of more than 800 state and local builders associations throughout the United States.

National Association of Realtors
The National Association of Realtors is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors and others engaged in all aspects of the real estate industry.

National Association of Residential Property Managers (NARPM)
NARPM is an association of real estate professionals who know first-hand the unique problems and challenges of managing single-family and small residential properties.

National Association of the Self-Employed
The NASE was founded in 1981 by a group of small-business owners seeking the kinds of benefits and services once only available to large corporations.

National Business Association
The National Business Association is a non-profit organization dedicated to supporting and educating the small business community and the self-employed. The National Business Association monitors legislation in Washington D.C. and provides updates and information on current issues and trends facing the small business community.

National Federation of Independent Business (NFIB)
NFIB, the National Federation of Independent Business, is the largest advocacy organization representing small and independent businesses in Washington, D.C. and all 50 state capitals.

National Housing & Rehabilitation Association
Established in 1971, the National Housing & Rehabilitation Association is a national membership organization that promotes partnerships among sophisticated professionals in the affordable multifamily housing field.

National Small Business Association (NSBA)
NSBA *formerly National Small Business United has been the advocate for small businesses since 1937. With 65,000+ U.S. members through its chapters & affiliate organizations, NSBA not only keeps small-business owners in touch with legislative & regulatory issues that affect them, but this non-partisan advocacy group seeks to engage the small business community to take action.

National Trust for Historic Preservation
Ever since it was founded in 1949, the National Trust has shown how preservation can play an important role in strengthening a sense of community and improving the quality of life.

U.S. Department of Housing and Urban Development
HUD's mission is to help provide a decent, safe, and sanitary home and suitable living environment for every American.

U.S. General Services Administration Office of Property Disposal
The U.S. General Services Administration hosts this site which lists property for sale.

U.S. Small Business Administration
The U.S. Small Business Administration, established in 1953, provides financial, technical and management assistance to help Americans start, run, and grow their businesses.

Financial Resources - Real Estate
This section provides you with direct links to many commonly used financial resources for small businesses.

Freddie Mac
Freddie Mac's mission is to stabilize the nation's mortgage markets and expand opportunities for homeownership and affordable rental housing.

Fannie Mae
Fannie Mae provide financial products and services that make it possible for low-, moderate- and middle-income families to buy homes of their own.

Veterans Administration Home Loan Guaranty Services
The Veteran's Administration has a Home Loan Program for Veterans.

HUD Federal Housing Administration - Buying a Home
The U.S. Department of Housing and Urban Development has a list of Federal Housing Administration programs.

SBA Web Site
The SBA Website provides you with direct links to many commonly used financial resources for small businesses.

SBA Summary Business Loan Data
Just click on the region you are interested in for a comprehensive monthly update of business loan information.

SBA: Search Loan Detail Information
Search the SBA database for more specific business loan information.

SBA Office of Advocacy: Banking Studies - Small Business Lending in the U.S.
Since 1994, the Office of Advocacy has released its analysis of call report data collected by the Federal Reserve on the lending activity of about 8,500 individual reporting commercial banks.

Small Business Investment Companies (SBIC) Program – Financing Statistics
SBIC provide venture capital to small independent businesses, both new and already established. Visit the SBA Web site for the latest financing statistics for the SBIC program.

General Small Business Information
This section provides general small business information useful in all industries and professions. It includes links to small business products, employment taxes, electronic filing and paying, taxpayer burden reduction, abusive tax avoidance transactions, and many other topics.

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Tax Info for the Real Estate Business Types-II