Veterans and Military Service Members

Illinois Disabled Veterans Will Need to Wait a Bit Longer on the Updated Real Estate Tax Exemption

The wait has been long on this and despite hopes that the updated version would be signed and approved in 2023.  It has currently passed the Illinois House, but is still not dully signed.  Unfortunately, Illinois disabled veteran homeowners are going to wait a little longer for the legislation to be signed and, based on a […]

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VA Extends Foreclosure Relief for Veterans Amidst Housing Challenges

I primarily post about investment real estate but when something relevant to veterans presents itself, I try to get the message out in the hopes that I can help my brothers and sisters-in-arms.  In this case, there is some big news regarding VA home loans and some relief for struggling veteran homeowners. The Department of

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Defending Against the Downgrade of Your VA Disability Rating

By Douglas Katz – 10/26/2025 When it comes to the well-being of our veterans, the United States Department of Veterans Affairs (VA) plays a pivotal role in ensuring that those who have served receive the care and support they deserve. One critical aspect of this support is the VA disability rating system, which helps veterans

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Illinois Disabled Veterans Real Estate Tax Exemption Update and HB2507 Designed to Fix It

By Douglas Katz – 08/21/2023 The Illinois Disabled Veterans Real Estate Tax Exemption has been a vital support system for veterans and their families, providing financial relief by exempting their property from certain taxes. Recently, proposed changes in House Bill 2507 aimed to remove the cap on this exemption and eliminate the “cliff effect,” which

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Possible Changes Ahead for the Illinois Disabled Veterans Tax Exemption

By Douglas Katz – 06/01/2023 I wrote and article several weeks ago about the shortcomings of the hugely generous but flawed Illinois Disabled Veterans Tax Exemption.  I do not want to rehash the entire article, but I am glad to say that there may finally be resolution and the resolution looks to be a good

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VA Disability Re-Evaluation – When the Finish Line Moves After the Race

By Douglas Katz – 5/23/23 As a veteran, a professional who works with veterans and someone who just cares about fellow veterans’ well-being, I have spent considerable time learning about the VA disability system. I am not an expert, but as a layperson, I want to share a little considered component of the VA Disability

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Short Sale and Foreclosure – Tough Options with Long Lasting Impact on Your VA Mortgage Loan Options

By Douglas Katz – 05/14/2023 For military service members and veterans, the opportunity to become homeowners is a cherished benefit offered through the Department of Veterans Affairs (VA) home loan program. The VA loan program provides accessible mortgage options with favorable terms and benefits. However, circumstances can arise that lead to financial hardship, such as

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VSO – An Abbreviation That Every Veteran Should Know

By Douglas Katz – 04/28/23 The ability to help with disability These VSOs are pros at dealing with all the rules and regulations that go along with filing for a disability claim. They’ve got tons of experience helping veterans gather and organize their medical records, build a solid case, and submit their application to the

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