taxes

Photo illustration of Governor Andrew Cuomo (Credit: Cuomo by Stefani Reynolds/Getty Images; iStock)

Escaping New York? Tax man is right behind you

Many New Yorkers have fled the city for upstate, Long Island or Florida to reduce their coronavirus risk and...

Escaping New York? Tax man is right behind you
Donald Trump with Rep. Emanuel Cleaver II, Rep. Ron Kind and Sen. Cory Booker (Credit: Getty Images, iStock)

Trump’s Opportunity Zone program is under investigation

The Treasury Department is investigating a federal tax break that was designed to help low-income communities, but has proved...

Trump’s Opportunity Zone program is under investigation
Rep. Alexandria Ocasio-Cortez and Governor Andrew Cuomo (Credit: Getty Images)

House votes to lift SALT deduction cap — but don’t celebrate

House Democrats on Thursday passed a bill that would ease the state and local tax deduction cap that shook...

House votes to lift SALT deduction cap — but don’t celebrate
Donald and Melania Trump at the entrance way of Mar-a-Lago (Credit: Getty Images)

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors

In late September, President Trump and his wife Melania became the latest New Yorkers to relocate to Florida. The state has long been a...

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors
Tuscany, Italy (Credit: iStock)

Benvenuto! Why the number of high-net-worth individuals applying for Italian residency may spike

The number of ultra-wealthy taking up residency in Italy may surge this year. The influx of high-net-worth individuals is due to a new tax...

Benvenuto! Why the number of high-net-worth individuals applying for Italian residency may spike
London borough solicits voluntary “mansion tax” from rich residents

London borough solicits voluntary “mansion tax” from rich residents

The governing council is soliciting a voluntary “mansion tax” in an affluent London borough with rich residents including soccer...

London borough solicits voluntary “mansion tax” from rich residents
New tax law could spur REITs to become regular corporations

New tax law could spur REITs to become regular corporations

Real estate investment trusts may want to take advantage of the new lower corporate tax rate by becoming regular...

New tax law could spur REITs to become regular corporations
Can real estate brokers cash in on this tax deduction? No one knows

Can real estate brokers cash in on this tax deduction? No one knows

The new GOP tax law is widely considered a win for high-earners, but it’s not clear if real estate...

Can real estate brokers cash in on this tax deduction? No one knows
Trump White House proposes even deeper cuts to HUD

Trump White House proposes even deeper cuts to HUD

The White House Office of Management and Budget released its 2019 federal budget proposal on Monday, calling for an...

Trump White House proposes even deeper cuts to HUD
Here are some issues in the tax law that remain foggy

Here are some issues in the tax law that remain foggy

In many ways, the new federal tax law is a major boon to the real estate industry. But several...

Here are some issues in the tax law that remain foggy
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