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USA Property

Florida property taxes make communities better

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...
USA Property

Peter Thiel warns of ‘catastrophe’ in US real estate — but sees ‘windfall’ for 1 class of boomers.

The Free Press/YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. As a co-founder of PayPal and the first outside investor in Facebook, Peter Thiel is widely recognized for his expertise in the tech world. But lately, the billionaire venture capitalist has been sounding the alarm on an entirely different sector: real estate. During an interview with The Free Press, Thiel drew upon the insights of 19th-century economist Henry George to underscore the gravity of America’s real estate crisis. “The basic Georgist...
Stock Market

Economic factors make some luxury homebuyers hesitate

As economic turbulence continues to rock consumer confidence, some potential luxury homebuyers hesitate to make significant investments. The fluctuation in tariffs and the unpredictable trajectory of the stock market made potential buyers wary, leaving some sellers feeling panicked over their listings. “It’s definitely keeping many clients and cash on the sidelines,” said Delroy Gill of LIV Sotheby’s International Realty. After showing a property to a potential buyer with the financial means to make a purchase, the prospective client opted not to make an offer. “He has the funds and ability...
USA Property

How Nashville’s property tax bills compare to other TN counties

Here's how to properly calculate your property tax billNot sure how to calculate your property tax bill? Here's how to do it properly.In 2023, Davidson County led all Tennessee counties in total property tax per capita at $2,161, according to a Sycamore Institute study of property tax rates and capacity across the state.The study argues that a tax rate on its own tells us "very little" about whether residents in a Tennessee county actually pay high or low property taxes overall.Some Nashvillians are bracing for the prospect of a higher...
Upcoming Investments

Investor headed to prison for fraud scheme after taking $62.8 million

Dave Williams  |  Capitol Beat News ServiceReal estate investor headed to prison in Atlanta fraud schemeBy Dave WilliamsBureau ChiefCapitol Beat News ServiceATLANTA - The head of a commercial real estate investment firm has been sentenced to 87 months in prison and ordered to pay $45 million in restitution in a fraud scheme involving the Atlanta Financial Center in Buckhead.Elchonon (Elie) Schwartz, 46, of New York City pleaded guilty in February to one count of wire fraud. Schwartz convinced more than 800 investors to send him $62.8 million, including $54 million...
Upcoming Investments

Your 401(k) and private market investments: What to know

00:00 Speaker A Financial services company Empower, which oversees $1.8 trillion in 401k type plans for 19 million people, is offering something new for your retirement accounts: private markets investments. The firm announcing assets like private credit and real estate will be available in some of the accounts it administers later this year. So what does this mean for the larger 401k landscape, and do you want alternative assets in your retirement account? Here to react is Bob Powell, editor and publisher of Retirement Daily, and host of Yahoo Finance's...
Upcoming Investments

Did homebuyers whose property investments doubled in the last two years just get lucky?

With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. With property values almost doubling and EMIs covered by rent for buyers who invested in real estate from 2020 to 2023, many aspiring homeowners on Reddit believe these buyers just got lucky while they missed the bus. (Representational Image)(AI-generated image created by Gemini ) Netizens who are yet to buy into real estate...
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