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You Searched For "property and tax" and got 20 results


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2 mins read

Illinois is considering a 3% tax on millionaires to solve the state's skyrocketing property tax problem

A millionaires tax has helped other states tackle big problems. It helped Massachusetts provide fr…

Kenneth Niemeyer   


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3 mins read

I moved from the US to Australia. My employer contributes over 11% to my retirement, and I don't pay property taxes.

Chelsey Nelson moved from the US to Australia to be with her boyfriend. They get taxed 39% of their…

Kelly Burch   


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2 mins read

Realty stocks in limelight; Godrej Properties surges over 4%

The indexation benefit allowed taxpayers to compute gains arising out of the sale of capital assets…

PTI   


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2 mins read

Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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3 mins read

Govt. offers relief on long-term capital gains for real estate, allows investors to choose between old and new LTCG regime

Indexation allowed investors to factor in the impact of inflation on their investment over the year…

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4 mins read

Should you rent or buy a home? Here’s how much rental pricing has gone up compared to ownership cost in major Indian cities

Renting costs in Indian cities are rising rapidly, making homeownership a potentially smarter finan…

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3 mins read

Airbnb hosts with a lot of properties get lower ratings from guests, CEO Brian Chesky said

A "local feel" is one reason Airbnb prefers small-scale operators to third-party property managers …

Dan Latu   


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2 mins read

Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.

Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …

Allie Kelly   


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5 mins read

This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'

Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…

Hayley Cuccinello   


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5 mins read

8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Some of these strategies allow investors to completely avoid paying taxes on their gains.

Laila Maidan   


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7 mins read

My family bought a vacation home in Lake Tahoe for $113,000. A new tax could push us out.

My family's cabin in South Lake Tahoe changed our lives. A vacation homes tax to make living there …

Amanda Yen   


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2 mins read

Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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5 mins read

I have 6 short-term rental properties. People think real estate is passive income, but I disagree.

Kerri Gibson quit her tech job in 2017 and pivoted into real estate investment. Instead of being a …

Charissa Cheong   


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4 mins read

I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.

Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…

Alcynna Lloyd   


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5 mins read

Kamala Harris' tax plan for small businesses sounds like it will cost a lot of money — it won't

The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither…

Alice Tecotzky   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg   


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3 mins read

British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.

The house has previously hosted celebrities like Amy Winehouse and Kate Moss. It is on the market f…

Nathan Rennolds   


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3 mins read

Confused about the new tax regime? Here's when you should opt for it

The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…