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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Wednesday, May 03, 2006

Homeownership: The Tax Implications Of Trading Down

Is it time to trade down to a smaller home? That’s a question more and more homeowners – particularly baby boomers – are asking themselves. Whether you’re thinking about downsizing because you are facing financial or health issues, have recently become an empty nester or are just tired of maintaining a large home, be sure to take the time to understand the tax rules. The Michigan Association of CPAs provides the following overview....-MORE-

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