The City Council is prepared to approve the mayor’s proposal to raise property taxes by 7 percent and to increase a tax on hotel rooms to more than 5 percent per room.
Tax-cutting plans by Senators Barack Obama and John McCain do not address the fundamental disparity in the tax codes between renters and homeowners.
The housing market morass has created a new class of real estate investors: the unintentional landlords.
Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.
How would income from natural gas drilling be taxed?
In Boca Grande, Fla., second-home seekers are drawn to the island by a sense of “no-ness” — there are no gas stations, no movie theaters, no big supermarkets and almost no tourist traffic.
on January 9th, 2009