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Dump Trump’s unaffordable N.Y. tax break, aka 421-a

yesterdayNews : NY Daily News

If you want to know who really benefits from the real estate tax abatement known as 421-a, look no further than a lawsuit

De Blasio urges NY lawmakers to increase taxes on the rich

New York City Mayor Bill de Blasio urged state lawmakers to raise taxes on the state's wealthiest residents and allow his city to tax high-end real estate sales Wednesday, days … Click to Continue »

Everything real estate agents need to know about 2017 tax deductions

You can see the division in the streets: Some citizens walking around with hands in pockets, whistling jauntily, not a care in the world, while others sacrifice their posture, health and stress levels worrying about what's to come.....

Vacant Homes Are A Global Epidemic (And Paris Is Fighting It With A 60% Tax)

Via Stephen Punwasi of BetterDwelling.com, Runaway real estate speculation has been filling global capitals with vacant homes, creating artificial shortages in the world’s most sought after cities. The “shortage” has made local home owners wealthy overnight, but it comes at the cost of turning lively cities into empty shells. Show More Summary

Pipeline firm seeks 42 percent reduction in property taxes

An oil pipeline company wants the $44.7 million assessed value of its real estate and personal property in South Portland to be reduced 42 percent. The Portland Press Herald reports … Click to Continue »

Disney, L.A. Chargers and USC among major donors to Measure H

Labor unions, builders, real estate and investment companies, entertainers, lawyers and nonprofits have recently given hundreds of thousands of dollars to bolster the campaign for Measure H, the proposed sales tax increase to fund homeless programs. Measure H on Tuesday’s ballot would generate...

Dolphins owner Stephen Ross on Trump and tax reform

Miami Dolphins owner and real estate mogul Stephen Ross weighs in on the Trump administration and tax reform.

2 secrets to making tax season less scary for real estate agents

As the realization that taxes are due in 10 weeks sets in, most real estate agents are desperately trying to find every deduction and loophole to help minimize their tax obligation...

How to avoid an IRS audit

Tax time is already upon us, and next season will be here before we know it. A real estate agent’s tax return is complicated enough, so don’t let poor record-keeping or murky expenses make the end of winter harder than it already is. Avoid these seven wrong turns when filing your taxes to steer clear of IRS accidents – and, more importantly, audits...

White House power player Jared Kushner is keeping parts of his real estate empire

3 weeks agoNews : The Raw Story

Jared Kushner, the president’s son-in-law and the heir to a family real estate empire, has emerged as perhaps Donald Trump’s closest adviser. A near-constant presence by Trump’s side, his portfolio includes business, tax, political, and foreign policy matters. Last month his lawyers outlined a plan...

10 Surprising Ways Real Estate Cuts Your Taxes

Once you own property, you may be eligible for a long list of tax breaks, whether you use it as your primary home, for rental income, or sell it for profit. Let's run through familiar benefits, such as the mortgage interest deduction, and also the various (stunning!) tax breaks real estate...

The High Stakes of Retail Sales Tax Collection

Retail, and by extension retail real estate, is evolving. What was once the country store on a dirt road is now a large omnichannel retailer. The digital and physical retail worlds are converging with retailers embracing technological advancements to serve, understand and attract new customers.

The case for killing the term ‘Realtor’

Given all the things in real estate that require deep discussion -- conversations that often tax the brain -- I found myself pleasantly drawn to a light Facebook post recently about the Realtor moniker...

How Trump’s tax plan could affect your bottom line as a real estate agent

The inauguration of President Trump is still fresh in people’s minds, but his administration is already taking swift action to implement campaign promises. In regards to the business world, many entrepreneurs -- like real estate agents -- are unsure how his proposed tax plan will affect their business...

Forget kitchens and baths: 4 things I learned about real estate in Asia

The U.S., and New York especially, are considered a safe hedge for global currencies around the world, especially if the originating country has strict tax laws, cashflow crackdowns, political turmoil or a perfect storm of all three...

ProfitDash, a real estate agent tax app, now allows filing from phone

In August last year, finance-tracking app Hurdlr released a real estate-specific version of its product for real estate agents; it partnered with Keller Williams to create ProfitDash. "Thousands of Keller Williams agents have been using the app," said Raj Bhaskar, CEO at Hurdlr, "and we've been taking their feedback."...

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.

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