Taxes
Real Estate Agents Say Tax Credit Is Doing Little To Increase Home Sales
With almost a third of US mortgages upside-down, many move-up buyers are unable to sell their present homes and therefore cannot take advantage of the expanded tax credit. Despite a looming deadline, the real estate market is showing little sense of urgency, as sales continue to slump and loan applications are at their lowest level in a dozen years.
End of real estate tax breaks in Thailand will see price of new property rising in April Property Wire 04.03.2010 | Protests to Begin in Detroit Over Property TaxesAmy Munday Huliq 01.03.2010 |
 Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering and developers are returning to normal profits levels. |  Detroit residents are protesting the amount of their property taxes for a viable reason. The taxman is charging homeowners exorbitant property taxes on homes that aren't worth the tax percentage being demanded. The same scenario is seen with underwater mortgages right now, people are trying to make money off of property that is no longer valuable. |
Experts say stamp duty hike unlikely to cool HK property market Channel NewsAsia 25.02.2010 | Real estate law made simple: Making sense of the new homebuyer tax creditJERRY FEENEY NY Daily News 24.02.2010 |
 HONG KONG : Hong Kong property consultants said the government's move to raise transaction taxes for luxury apartments will do little to stabilise residential prices. |  Thinking of buying a new home? The federal government would like you to, and has passed a series of stimulus incentives to help you make the decision. |
Thai govt ends property tax breaks as economy recovers Reuters 23.02.2010 | Possible property tax relief for owners of two homesHarve Jacobs WCSC 23.02.2010 |
 BANGKOK, Feb 23 (Reuters) - Thailand will not renew property tax breaks when they expire at the end of March as the economy is recovering, but it will maintain some subsidies aimed at helping poorer people, the finance minister said on Tuesday. |  MT. PLEASANT, SC (WCSC) - State lawmakers are considering legislation that would allow struggling homeowners to pay a lower property tax rate on two homes if they are unable to sell one or have to move for a new job. |
Estate Tax’s Unclear Fate Challenges HeirsDEBORAH L. JACOBS The New York Times 17.02.2010 | |
 IN the final weeks of 2009, as the repeal of the estate tax on Jan. 1 approached, financial advisers speculated that heirs would reap a windfall if wealthy relatives died in 2010 and Congress took no action to restore it. |  Feb. 12 (Bloomberg) -- The Real Estate Developers Association of Hong Kong said the city’s government shouldn’t raise stamp duty on home sales as such a move would punish the middle class trying to improve their living standard. |
| Get each new article from Estates Report | |
| Get each new article from Taxes |
