Tag: Real Estate

Know Your Rights

8 Steps to Get a North Carolina Real Estate License 2024

February 6, 2024

Via: Fit Small Business

If you’re a North Carolinian who wants to get a real estate license and become a provisional broker, you’ll need to complete 75 hours of prelicensing courses. You must also meet the legal requirements outlined by the North Carolina Real […]

Tax Code, Regulations and Guidance

Update on Tower Health’s Chester and Montgomery County Real Estate Tax Exemption Appeals

December 14, 2023

Via: LexBlog

On October 16, 2023, the Pennsylvania Supreme Court granted Tower Health’s Petition for Allowance of Appeal related to the Montgomery County hospital property. The Supreme Court is going to address the following two issues on appeal: Whether the Commonwealth Court […]

Tax Code, Regulations and Guidance

Washington’s Capital Gains Tax and Its Implications on the Transfer of Ownership Interests in Entities That Own Real Property

November 8, 2023

Via: LexBlog

In addition to Washington’s real estate excise tax (REET), transferors of ownership interests in entities that own real property in Washington must also factor in Washington’s capital gains tax when making such transfers. The Washington Supreme Court upheld the capital […]

Tax Code, Regulations and Guidance

Understanding the Real Estate and Tax Implications of Florida’s Buyer Ban Law

June 16, 2023

Via: JD Supra

Last month, Gov. Ron DeSantis (R) of Florida signed a new law that would prohibit people who are not U.S. citizens or permanent residents and whose “domicile” is in China from purchasing certain real property in the state. Generally, the […]

Tax Code, Regulations and Guidance

Update: Proposal to increase tax on Chicago real estate transfers

March 30, 2023

Via: National Law Review

A long-debated initiative to increase the transfer taxes on Chicago real estate transfers on transactions over $1 million has stalled — at least for the time being. This initiative, which is often referred to as the “Bring Chicago Home” campaign, […]

Tax Code, Regulations and Guidance

Biden’s FY2024 Budget: Key Real Estate Tax Proposals

March 22, 2023

Via: JD Supra

On March 9, 2023, President Biden released his FY2024 budget (the “FY2024 Budget”), and the U.S. Treasury released the so-called “Green Book,” which provides details related to the revenue provisions in the FY2024 Budget. Given Republican control of the House […]

Tax Code, Regulations and Guidance

Proposed Tax on Real Estate Mezzanine Debt and Preferred Equity Financing…Once Again.

January 18, 2023

Via: JD Supra

Earlier this month, the New York State Senate (S318) and Assembly (A407) reintroduced proposed legislation seeking to extend the New York State mortgage recording tax to mezzanine debt and preferred equity financings. This proposed legislation provides that mortgage recording taxes […]

Business Law & Regulations, Finance

The Second U.S. NFT Property Is Ready To be Auctioned

April 11, 2022

Via: LexBlog

Propy has announced that the second U.S. NFT-backed property (see our blog about the first NFT sale here in which we discussed blockchain technology, and specifically how the sale works) is set to be auctioned, with a starting price of […]

Tax Code, Regulations and Guidance

Biden Plan Limits Tax Break Used by Farmers

May 6, 2021

Via: The Wall Street Journal

President Biden has said his tax proposals would make big business and wealthy investors pay their fair share. His package would also likely deliver a blow to American farm owners by limiting a longstanding tax break. The provision allows landowners […]

Financing your Business

3 Tips for Succeeding in a Saturated Industry

December 2, 2019

Via: Entrepreneur

Real estate is a tough industry to crack. In this interview at ClickFunnels’ annual Funnel Hacking Live conference, Emily Richett chats with real estate coach, mentor and investor Ryan McFarland about how to build success in a market that is […]

Tax Code, Regulations and Guidance

How to Become a Real Estate Agent in Arizona

January 14, 2019

Via: Fit Small Business

To become a real estate agent in Arizona, you must meet state-specific prelicensing education requirements, submit paperwork, and pass the exam with a score of 75%. Securing a license also requires you to familiarize yourself with the testing requirements and […]

Tax Code, Regulations and Guidance

Real Estate License Reciprocity and Portability Guide 2019

December 3, 2018

Via: Fit Small Business

Real estate license reciprocity is the ability of an agent to get licensed in one state based on their home state licensing. Licensing is both time-consuming and expensive, so real estate reciprocity is valuable for traveling agents and those near […]

Advertising & Marketing, Business Law & Regulations, Finance

How Companies Can Avoid Death by Rising Advertising Costs

October 25, 2018

Via: Entrepreneur

As if scaling a business isn’t hard enough, advertising costs have risen significantly in recent years and will continue to do so. As the stakes get higher, taking organic strategic steps can help you get more for your money. Here’s […]

Advertising & Marketing, Business Law & Regulations

Google Adwords 101: A Primer for Real Estate Agents

July 17, 2018

Via: Fit Small Business

Ever wonder how Google makes so much money when it doesn’t seem to charge it’s users for anything? The answer is Google Adwords. Advertising made Google over $43 billion in 2012. That is over $100 million in search advertising and […]

Tax Code, Regulations and Guidance

Vancouver’s New Tax on Foreign Property Buyers

July 27, 2016

Via: Investopedia

Major global cities such as New York are witnessing skyrocketing prices for real estate as wealthy foreign investors buy prized buildings, apartments and other properties for homes and investments, pricing many locals out of the market. Vancouver, on Canada’s west […]