USA Property

USA Property

Revaluations to be conducted every 5 years

Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...
USA Property

Foreign Owned U.S. Real Estate Via Single-Member LLC

Foreign investors using single-member LLCs to hold U.S. real estate face complex U.S. income and ... More estate tax implications, including 30% withholding on rental income, FIRPTA withholding upon disposition and potential 40% estate tax. Various strategies can reduce the tax bite.getty For some time, foreigners have been drawn to the U.S. real estate market due to its stability, potential for appreciation, and the reliable legal framework in America. A frequently used investment vehicle is a single-member limited liability company created under the laws of a U.S. state. A SMLLC...
USA Property

Canadian brokerage featured on reality TV enters the US market

RARE’s entry into the U.S. market is led by company founder Adam Stern, who has more than 20 years of experience in the real estate industry. He has overseen more than $12 billion in sales and trained more than 4,000 agents across 16 offices. “We’re thrilled to bring RARE to South Florida because the future of the brokerage business belongs to bold, entrepreneurial agents,” Stern said. “For years, the top 10% of agents have dominated the industry, yet traditional brokerages have failed to truly reward them in a real way....
USA Property

US insurers take $1.1bn hit amid first-quarter losses – The Royal Gazette

Created: Jun 09, 2025 07:16 PM (Updated: Jun 09, 2025 08:06 PM) The Eaton Fire in January destroys a structure in Altadena, California (Photograph by Ethan Swope/AP)The US property and casualty insurance industry posted a $1.1 billion net underwriting loss in the first quarter, a sharp reversal from a $9.4 billion gain during the same period last year, according to a new report by AM Best, the credit rating agency.The losses were largely attributed to January’s devastating wildfires in California, which drove catastrophe-related claims sharply higher. AM Best estimates that...
USA Property

Sen. Kesha Ram Hinsdale: Vermonters asked us to tackle the real cost drivers to the property tax — and we did

Get Vermont news sent to your inbox. Daily Digger is everything you need to know to start your day, delivered Monday-Saturday morning. Commentaries are opinion pieces contributed by readers and newsmakers. VTDigger strives to publish a variety of views from a broad range of Vermonters. Commentaries give voice to community members and do not represent VTDigger’s views. To submit a commentary, follow the instructions here. This commentary is by Sen. Kesha Ram Hinsdale, D-Chittenden Southeast. She is the Vermont Senate majority leader and a member of the Senate Economic Development...
USA Property

All about Ohio bill seeking to restrict property rights of Green Card holders | Explained News

Ohio lawmakers last month introduced two Bills seeking to prohibit foreign nationals and certain categories of Green Card holders from buying land near military installations and critical infrastructure.This came amid a larger trend in recent years of Republican-controlled US states moving to restrict the property rights of non-citizens citing concerns over national security and the necessity of controlling “foreign influence”. A growing trend The Permanent Residency Card, more commonly known as the Green Card, gives holders the right to permanently live and work in the United States. As such, Green...
USA Property

This U.S. Hotel Made the List of World’s Best Hotels 2025

A new list of the world’s top ten hotels just dropped, and if looking for travel inspiration, here it is. La Liste—the French guide known for its authoritative global restaurant rankings—is now in the hotel game, debuting their first-ever "elite global hospitality" list for 2025. For this new ranking, La Liste compiled data from over 400 global sources, blending professional critiques with real guest feedback through its proprietary algorithm. The result is a powerhouse ranking that spotlights exceptional stays across North America, Asia and Europe. RECOMMENDED: The best hotels in...
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