Homebuyers and real estate investors are always on the hunt for a deal, and some areas throughout the country are offering incentives. Currently, 8,764 places have been deemed Opportunity Zones across the U.S. They’re federally designated census tracts where certain investments may qualify for tax incentives under the 2017 Tax Cuts and Jobs Act. “These … Read more
Gov. Ron DeSantis asked Floridians a big question earlier this year. “You buy a home, pay off a mortgage—and yet you still have to write a check to the government every year just to live on your own property?” he said in his State of the State speech. “Is the property yours or are you … Read more
A battle is brewing in San Diego over a ballot proposal that would impose a $5,000-per-bedroom annual tax on short-term rentals and vacation homes, with opponents arguing the measure could put hosts out of business and cripple the city’s tourism industry. The proposed Vacation Home Operation Tax would apply to roughly 10,644 properties, half of … Read more