Tag: real estate taxes
What you need to know about property tax: Find out what’s out there, and what you should know
When it comes to real estate taxes, there’s an ongoing debate about whether they should be assessed on property values.In the past few years, a number of states have started adopting legislation that could change this debate.Some of these proposals are aimed at lowering property taxes, while others are aimed solely at improving tax collection.The…
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Hawaii’s new tax plan is good for homeowners, renters and businesses, but it’s a bad idea for renters and people of color
A tax plan introduced by Hawaii Gov.Brian Schweitzer this week would tax residential real estate by a 10 percent rate for the first $1 million of a property’s value.The plan would raise $9.5 billion annually through this measure, which could be used to build more affordable housing and create new public housing.“I want Hawaii to…
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What Houston’s real estate taxes look like in 2018
A real estate agent in Houston said she has been inundated with offers from prospective buyers seeking to purchase homes in the city.The Houston real estate market is now one of the hottest markets in the country, but some Houston realtors are now worried that the tax rates in the area are going to skyrocket.Houston…
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The Trump Administration Is Now Tapping Out Real Estate Taxes, Not Real Estate Investors
President Trump has signed a new executive order instructing the Office of Management and Budget to begin exploring the possibility of changing the way that real estate is taxed in the United States.The president also signed an order on Tuesday directing the Office for Tax and Economic Policy to begin looking at how to increase…
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When Does the Real Estate Tax Cut End?
When does the real estate tax cut end?A big change is coming for real estate agents in Vancouver.It will mean that sales tax will be at 20% in Vancouver from April 1, 2019.This is the beginning of a massive tax hike for realtors and salespeople in the city.Here’s how it’ll affect you: The biggest difference…
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