The Baltimore City Council has voted to advance a property tax relief measure that critics claim will raise taxes for some homeowners. WBFF reports the measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Thus, the plan would...
Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing project in Grimes County, Texas. SpaceX said the project is crucial to its efforts to expand into advanced computing infrastructure and domestic chip...
The Florida legislature approved Gov. Ron DeSantis’ property tax proposal, sending the issue to voters as a constitutional amendment to be decided upon in November’s election. According to combined media reports, the measure will raise the existing $50,000 exemption...
A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 25-29. Miss: Ignoring the Root of the...
The New York State legislature has approved Gov. Kathy Hochul’s proposal to enact a new tax on second homes in New York City valued at $5 million or more. The Wall Street Journal reports the so-called “pied-à-terre tax” is part of the state’s budget legislation and...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
