New York officials have been investigating if Trump falsely reported the value of his assets for loan and tax benefits.
Asking your lender about the mortgage deferral process can help you understand what you’re getting into – and maybe even decide whether you want to enroll. You should ask about the basics, including the dates of your deferral period, interest rates, and late fees. Ask how deferral could impact your […]
The Trump Organisation bribed New York City tax officials to lower its property tax for multiple buildings in Manhattan,ProPublica reported in a bombshell investigation. Two former tax assessors told ProPublica they personally received illicit payments from the Trump Organisation, and three former assessors said they had indirect knowledge of such […]
Some mortgage lenders include property taxes and homeowners insurance payments in the monthly mortgage payment. Others allow you to handle these on your own. Because property taxes and insurance can be big expenses, you may want to save for them each month throughout the year rather than simply plan for […]
Gage County, Nebraska will soon have to pay a total of $US28 million to six people who were wrongly accused of murdering a local woman in 1985. The county has been fighting the civil judgment, but last month, the US Supreme Court rejected its final appeal. As a result, residents […]
The new Republican tax law limits the amount of state and local taxes a filer can deduct from their federal tax bill. The law also allowed people to prepay their 2018 property taxes before the end of 2017 to get the full deduction. In Washington, DC, roughly 7,500 people prepaid […]
The IRS clarified on Wednesday who is allowed to prepay their property taxes this year before the new GOP tax law takes effect Monday. Only homeowners with property taxes that have already been assessed can take advantage of the unlimited state and local tax deduction. The new law caps that […]
New York Gov. Andrew Cuomo said on Thursday that he is considering challenging the constitutionality of the GOP tax law in court. He’s also taking action to help New Yorkers circumvent a new cap on state and local tax deductions. But time is running out. The tax law will take […]
Republicans’ tax overhaul, which President Donald Trump signed into law last week, caps state and local tax deductions at $US10,000. Ahead of the change, which takes effect Monday, taxpayers can prepay their property taxes for next year to save money. Homeowners across the US are rushing to do just that. […]
Republicans have reached a preliminary agreement on their tax bill, meaning the US tax code could soon be overhauled. The tax bill would limit the property tax deduction to $US10,000 a year; currently, homeowners can deduct their property tax in full. We compiled a list of the places where homeowners […]
When you think of someone paying in change, a...
Although all Americans are equal, the land we...
He's not a RINO and he's not a standard-issue Republican. He's a moderate.
Crazy high property taxes, hidden in your rent.
[credit provider=”Yepoka Yeebo / Business Insider” url=”http://www.yepokayeebo.com/”] There has been a surge in divorces in China. But they’re not being driven by unhappy marriages.Chinese couples are getting divorced to take advantage of loopholes that will let them sell properties tax free, under certain conditions, according to the Shanghai Daily.
Peak Housing reflects not just a credit bubble but Peak Fraud and Peak Suburbia. Once again pundits are claiming that housing is “finally recovering.” But they’re overlooking three peaks: Peak Housing, Peak Financial Fraud, and Peak Suburbia, all of which suggest years of stagnation and decline, not “recovery.”
[credit provider=”Keoni Cabral/Flickr” url=”http://www.flickr.com/photos/keoni101/5013906050/”] We know that NYC real estate is an anomaly, but nothing makes that as clear as the Mansion Tax (a.k.a. New York State Tax 1402-a).It’s an additional tax that requires anyone buying a residential property–single-family, condo or co-op–that’s over $1 million to pay 1 per cent of […]