Sentences with phrase «substantial property taxes»

They also pay fairly substantial property taxes on their homes.

Not exact matches

«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.»»

While many direct lenders do eliminate their origination fees, you'll still have to deal with a substantial amount of other expenses in your down payment, property taxes, homeowners insurance and the cost of third - party services like property appraisal.

Cuomo called the increased costs a «substantial burden» on taxpayers and could risk an increase in property taxes.

No charges have been filed, but prosecutors are examining «substantial payments» from a tax firm that has helped some of New York City's biggest developers (who double as the state's top political donors) reduce the property tax bills on their holdings.

Federal authorities are investigating «substantial» payments made to Assembly Speaker Sheldon Silver by a small law firm that seeks real estate tax reductions for commercial and residential properties in New York City, according to people with knowledge of the matter.

In addition to hosting million - dollar homes with boat access, the area is close to the city's entertainment hub, the Gulfstream Racing and Casino Park, which helps provide Hallandale Beach with substantial revenue from sales and property taxes.

City property - tax rates are comparatively low, any substantial increase in rates is unlikely to win enough public support to make it through the required referendum, and that hike still wouldn't raise enough money.

The Illinois legislature last week considered but decided not to approve a property - tax relief measure that educators charged would have eliminated a substantial portion of the new funding that school districts are set to receive under an income - tax increase passed this year.

«'' I am vetoing this section entirely because the result is a substantial increase in property tax capacity that school districts may exercise without voter input.

But because the money to build most schools came from property taxes, wealthier districts could more easily raise the substantial amount of funding needed to build and renovate school facilities.

While many direct lenders do eliminate their origination fees, you'll still have to deal with a substantial amount of other expenses in your down payment, property taxes, and homeowners insurance.

I'm wondering whether it would be wise to cash in our RSPs and use the after - tax amounts to pay down the mortgage on our investment property, which is substantial right now (and I'm concerned about interest rates going up).

In some cases, the combination of the Canadian tax and U.S. estate tax liability could end up being a substantial percentage of the value of the property.

They require that you have substantial equity in your home and that you are able to pay annual property taxes, home insurance and general upkeep.

Even after generous economic development grants, the company's property tax payments are substantial — more than $ 640,000 in the first year between the two counties.

Our TOP Group is supported by Eversheds Sutherland's substantial intellectual property, tax, litigation, commercial transaction, merger and acquisition, and finance resources, as needed.

Involve a CPA - Tax consequences and property tracing can have a substantial effect on the property awarded to you in divorce.

During the tax debate, the National Association of REALTORS ® was able to secure substantial wins for residential and commercial real estate, including retention of the rules for the exclusion of capital gain on the sale of a principal residence and preservation of 1031 like - kind exchanges for commercial property owners.

Informed tenants can act maliciously to create a substantial bill with virtually no practical recourse, so themunicipality, rather than go after the abusive tenant, they append the bill onto the property owner's property taxes.

The majority of those surveyed in the report have «great» or «substantial» anxiety about housing affordability as a result of the new administration — eased only if policies deliver benefits like protections from mortgage and / or rent increases, secure employment and «stable» property taxes.

If you, as a commercial real estate investor, have completed a 1031 Exchange and the replacement property you purchased cost more than the property or properties you sold, you may be eligible for substantial state and federal tax savings that you can only obtain through a cost segregation study.

Many of New York's apartment owners have held their properties for a long time, so they could generate substantial gains against which they would face big - time taxes.

The city released its tentative assessment roll for the 2015 - 2016 tax year on Jan. 15, 2015, revealing painful and substantial increases in market value for both residential and commercial properties.

With careful planning, Section 1031 and Section 121 of the Internal Revenue Code (IRC) provide opportunities to shield - if not eliminate - substantial capital gain taxes when selling a primary residence converted to a rental property and a residence with an office.

Her mind was sharp and she understood she was making a gift of her property and receiving a «substantial tax benefit» in return.

While this is a good indication that the real estate market, as well as the economy, here in Denver is patently recovering, it will also have a substantial effect on state property taxes because Colorado assesses property values as of January 1st in odd years.

You could hire a property manager but the hit to your returns from shaving 8 - 10 % off your top (income) line will be much more substantial than the one from the higher tax liability that started this whole discussion.

-- A 20 percent penalty imposed for any «tax underpayment associated with overvaluation or undervaluation of property, negligence, disregard of IRS rules and regulations, and substantial understatement of tax liability.»