Sentences with phrase «city property sale»

So in the case of a big city property sale of $ 60,000 at six per cent on MLS, both sides got about $ 1,800 commission.

Not exact matches

The study, by the District of Columbia's chief financial officer, found that among families earning $ 25,000 a year, Seattle had the fourth - highest tax burden among 51 cities when it comes to taxes paid for income, property, sales and automobile.

The Chinese government has made taming the housing market a priority and and imposed restrictions on property sales in a number of major cities to prevent speculative activities.

Cities, towns, counties and states collect their own property, sales and income taxes.

Add in the fact that Georgia's most - populous city has some 5,800 starter homes for sale — a 19.5 % increase over the past year — and first - time buyers should find plenty of properties that they can afford.

Since he didn't file Form T2091 (the form used to designate a property as your principal residence) and report the sale on his tax return, the CRA deems him to have designated the city home as his principal residence for all the years he owned it, with the result being that no tax was owed.

While many other taxes in NYC are quite high (like sales and income taxes), property taxes in the city are actually very low.

For property investors or buyers with minimal cash, the cities of Kennewick, Detroit, Fort Wayne, Modesto, Fresno, and Waco look to offer the lowest prices on houses for sale.

«That being said, Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with very substantial charitable contributions.»»

Chicago's sales tax rate will hit a whopping 10.25 percent next year, and just in time for Oscar Mayer to move into its new digs in the AON Center near Millennium Park, the Chicago City Council passed the largest property tax increase in modern city histCity Council passed the largest property tax increase in modern city histcity history.

SALT LAKE CITY — Newmark Grubb ACRES, a Utah - based brokerage firm, has arranged the sale of a portfolio of single - tenant retail properties leased to Codale Electric Supply Inc., a Salt Lake City - based distributor of electric, energy and lighting products.

The historic city of Venice has long attracted international tourists and its property market is also a major draw with a high proportion of sales going to global property investors.

Sales of bank - owned homes and those on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of troubled properties for sale in many cities as banks take a measured approach to placing homes on the market.

Cities and states will preserve their credit ratings by annulling their pension obligations to public - sector workers, and raising excise and sales taxes — but not property taxes.

The developers of the sprawling Port Covington property on the South Baltimore waterfront say they will soon seek their first sale of city bonds and put the proceeds toward the infrastructure to support two or three mixed - use buildings that will open in...

GUN BARREL CITY, TEXAS — STRIVE has arranged the sale of Gun Barrel City Shopping Center, a 4,800 - square - foot retail property in Gun Barrel City, about 60 miles southeast of Dallas.

I preach unorthodox, even heretical sermons fairly often, and, three years ago, the board took the results of the sale of some property, over a million dollars, and set the proceeds aside... for the meeting of human need in this city.

City officials took ownership of the property this week from Jack Binion, whose sale of the casino to Argosy Gaming Co. has been finalized by the Illinois Gaming Board.

City officials took ownership of the property from Jack Binion, whose sale of the casino to Argosy Gaming Co. has been finalized by the Illinois Gaming Board.

The state attorney general's office has obtained city records and interviewed is employees in an investigation of the sale of tax - delinquent properties to Troy employees, city officials confirmed.

Aetna, the insurance giant founded in Hartford, Connecticut, where it has been for the past 164 years, announced that it would move its headquarters to New York City, due in part to nearly $ 10 million worth of property and sales tax credits, among other benefits.

However, the de Blasio administration is entitled to cancel the City's contract with QDG, and to rescind the sale of two acres of Willets Point property already transferred to QDG for $ 1, due to the recent decision of the New York State Court of Appeals which found that QDG's proposed «Willets West» mega-mall on parkland located west of Citi Field stadium can not proceed as it lacks legislative approval.

According to the report, the city has a general fund of $ 93 million, supported primarily by $ 33 million in property taxes, $ 21 million in sales tax, and $ 11 million in casino revenue.

Last on the agenda for the April Membership Meeting was a resolution regarding the City's sale of 45 Rivington Street with a restrictive covenant for nonprofit use to a private developer planing to build condos on the property.

With the capital city poised to receive $ 500,000 less in additional state aid, and managing the now scuttled $ 620,000 sale of property it owns in Coeymans, Mayor Kathy Sheehan said departments heads will have to take a hard look at overtime costs to fill the gaps in Albany's $ 168 million 2018 budget.

For months, arguments raged among city councilors, county legislators and other politicians over whether the promise of new jobs and enhanced sales tax revenue was worth giving up certain property taxes.

And he said the City Charter makes clear that Common Council approval of the sale of city property was necessary for the project to procCity Charter makes clear that Common Council approval of the sale of city property was necessary for the project to proccity property was necessary for the project to proceed.

For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive list of vacant properties.

Massey, who ran a commercial property sales business throughout the city and is also spending a lot of his own money on his campaign, raised $ 555,786 the last two months, but spent $ 1.3 million in the same time.

State law requires that the city to base property assessments on sales of comparable properties and caps increases on assessments at 6 percent.

The property tax accounts for about 40 percent of the city's revenue each year, twice as much as the personal income tax (about 20 percent) or sales tax (roughly 14 percent).

Also at 10 a.m., NAACP and elected officials, and faith - based groups call on Cuomo, AG Eric Schneiderman and state Comptroller Tom DiNapoli to instruct the SUNY Board to suspend its deal with Fortis Property Group until justification for bypassing minority - owned business developers for the sale of LICH can be provided, City Hall steps, Manhattan.

Troy Mayor Patrick Madden told city residents non-renewal of the extra sales taxes would equal a 10 percent property tax increase.

Immediately after seizing the properties, the city plans to transfer ownership to the new Syracuse - Onondaga County land bank, which will market the properties for sale.

If our state legislators did not give the New York City politicians exactly what they wanted then chaos would ensue as property taxes would skyrocket to make up for the absence of the additional sales tax.

DiNapoli says cities are feeling the greatest pressure but suburban and rural areas are also hurting, as sales tax revenues shrink and the property values decline.

Mayor Bill de Blasio said that the recently - passed New York State budget is a mixture of «simple pros and cons» and vowed that he will lobby Albany on his proposal to impose a new tax on sales of properties worth $ 2 million and to see his administration's power over the city's school system extended at least another year.

Revenue — Most of the city's revenue comes from sales tax, state aid and property taxes.

The MOU includes an agreed to sale price of $ 2.5 million; a partnership with the city to develop a Community Development Agreement that includes where appropriate MWBE participation consistent with established state practices; and permitting the Buffalo Niagara Riverkeeper organization access to the property for a continuing federally - funded shoreline restoration project along the Buffalo River, which flows through the development site.

It's going to come as no surprise that the city's priciest properties are in Manhattan, but a new study shows the borough accounted for fully 86 percent of all home sales for more than $ 2 million over the past three years.

Many of the City's historical major revenue sources, such as sales taxes, mortgage taxes, building permits and State aid, have been negatively impacted by economic conditions, necessitating greater reliance on the local property tax.

During testimony on Gov. Andrew Cuomo's budget before the state Legislature, de Blasio is expected to propose a 2.5 percent property transfer tax for all residential sales exceeding $ 2 million, according to details City Hall officials provided Sunday evening.

The owner, Slate Property Group, bought the property from the Allure Group for $ 116 million, a sale contingent on getting the city to lift a deed restriction so the new owner could convert the building from an AIDS hospice to luxury apaProperty Group, bought the property from the Allure Group for $ 116 million, a sale contingent on getting the city to lift a deed restriction so the new owner could convert the building from an AIDS hospice to luxury apaproperty from the Allure Group for $ 116 million, a sale contingent on getting the city to lift a deed restriction so the new owner could convert the building from an AIDS hospice to luxury apartments.

She also said that none of the $ 39 million from the sale had been given to the city, which owned 49 percent of the property.

The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.

City and town officials have strongly protested, arguing that a reduction in county sales tax support would require them to either reduce services or raise property taxes.

QUEENS, NY — Borough President Melinda Katz today announced an upcoming workshop at Queens Borough Hall to help homeowners and other property owners who may be affected by the City's upcoming tax lien sale due to unpaid taxes and other bills owed to the City of New York.

The agency, which is not a city department, buys tax delinquent properties seized by the city and either demolishes them or puts them up for sale.

Property owners have several options that, if done before May 14, 2015, could remove them from the 2015 Lien Sale list: 1) apply for an exemption, 2) enter into an installment payment plan with the City, or 3) pay off the debts in - full.

The placement of a property on the Lien Sale list means the City can sell the lien it placed against the property to a third party private entity if the property owner does not pay off his or her debt to the City, or enter into a payment agreement with the City, within a specified period.