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Developers join the campaign for a quarter-cent sales tax to fund homeless services

The campaign for a measure to levy a quarter-cent countywide sales tax for homeless services has gathered more than $1 million in early contributions, including hundreds of thousands of dollars from large development, real estate and construction firms, county records show. If successful, Measure...

Developers join the campaign for a quarter-cent sales tax to fund homeless services

The campaign for a measure to levy a quarter-cent countywide sales tax for homeless services has gathered more than $1 million in early contributions, including hundreds of thousands of dollars from large development, real estate and construction firms, county records show. If successful, Measure...

Trump's Treasury Nominee Grilled Over Offshore Tax Havens

President-elect Donald Trump's pick to lead the Treasury was attacked for failing to promptly disclose he was a director of an offshore business vehicle domiciled in the Cayman Islands and owned more than $100 million in real estate...

Hotelier Schrager says pardon by Obama will bring closure

Hotelier and real estate developer Ian Schrager said his presidential pardon will bring important closure for him and his family. Schrager was sentenced in 1980 to 20 months behind bars for tax... To view the full story, click the title link.

Cuomo To Introduce Rebranded 421-a Tax Credit In Legislature Today

Ever since the 421-a tax credit expired in 2016, Governor Cuomo, the real estate industry and construction unions have been trying to work out either an extension of the credit that would make all three sides happy. After reaching that deal in November, a press release from Cuomo's office says that the bill is going in front of the state legislature today. [ more › ]

Anita Lo's 17-Year-Old West Village Restaurant Annisa To Close In May

Annisa, Anita Lo's 17-year-old West Village staple, will close in May. In a dispiriting report from the Times, Lo reveals that a substantial increase in real estate taxes, coupled with the new minimum wage increase, made business untenable and she feels it's "impossible for her to keep up with costs." [ more › ]

Trump declines to divest family business, and other Moneywatch headlines

Donald Trump won't put real estate business in blind trust; president-elect's tax cuts could dent U.S. credit rating; and U.S. files unfair trade complaint against China. These headlines and more from CBS MoneyWatch.

Escalating Real Estate Taxes Will Cause The Next Housing Crisis (Video)

By EconMatters We check out the Real Estate taxes across the country at various price points for homes, and it is obvious that local and state governments have a spending problem that they expect home owners to fund through these revenue raising vehicles. Show More Summary

A real estate agent’s guide to tax deductions

Real estate agents spend their own funds and resources everyday to help people find homes. But are your expenses business, personal or something in the grey zone? The answers aren’t always black and white, leading to lost deductions and overpaying the...

Own a Home? Then You're Gonna Hate The Republican Tax Plan.

Considering it’s been less than a decade since the real estate crash that plunged the world into economic calamity, you might think Republicans in Congress would be a little wary of legislation that risked infuriating voters by pushing...Show More Summary

When Assets (Such As Real Estate) Become Liabilities

Submitted by Charles Hugh-Smith via OfTwoMinds blog, It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. Show More Summary

When Assets (Such as Real Estate) Become Liabilities

It will be the middle class that accepted the notion that "real estate is the foundation of family wealth" that will be stripmined by higher taxes on immobile assets such as real estate. The post When Assets (Such as Real Estate) Become Liabilities was originally published at The Wall Street Examiner. Follow the money!

India's Modi eyes real estate assets in drive against graft

NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else’s name as part of his campaign against corruption, a senior tax official said on Mon...

Estate Planning After The Repeal of The Estate Tax

Kevin T. Keen (Baker & McKenzie, Zurich), The Only Thing Certain Is Uncertainty: The Future Of Estate Planning Without The Federal Estate Tax, 51 Real Prop. Tr. & Est. L.J. 129 (2016): Given the current political environment, the possibility of a federal estate tax repeal has seemingly become more likely....

How A City Can Use Tax Policy To Kill Creative Activity

In Toronto's hot real estate downtown property taxes are set to rocket. A small creative cluster at Trinity Square pays about $4,000 per month in rent for a 1,700-square-foot space. In 2016, the annual tax bill was $3,566. In 2017, it jumps to $6,808, and by 2020, it will be $11,900. The small arts groups […]

Republican Congress Looking To Abolish The Death Tax

Republicans have long called for the estate tax (known as the death tax to most critics) to be repealed. For many years, however, any real repeal...

How real estate agents can prep for tax season in 3 steps

By law I cannot give tax advice -- nor should I, considering I refuse to use traditional accounting software or the various apps that are available for tracking business expenses. I use simple systems that take advantage of the data created when I spend money to almost effortlessly capture expenses...

4 Actionable Tips On How You Can Lower Your Property Taxes

The value of real estate properties have been increasing again and as a result, the assessments on properties are also... The post 4 Actionable Tips On How You Can Lower Your Property Taxes appeared first on Lifehack. 5 Actionable tips to save property tax and help yourself from burning extra money.

Chinese Driven Vancouver Housing Bubble Moves To Seattle - "This Is Vancouver 2.0"

Back in August we noted that the Vancouver housing market was doomed after the implementation of a 15% property tax on foreign buyers targeting the massive influx of Chinese money driving real estate prices to astronomical levels. Sure...Show More Summary

Vancouver Housing Tax Pushes Chinese to $1 Million Seattle Homes

Just a few days after Vancouver announced a tax on foreign property investors, Seattle real estate broker Lili Shang received a WeChat message from a wealthy Chinese businessman who wanted to sell a home in Canada and buy in her area. Show More Summary

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