CFMA New Jersey的动态

HOTMA is still the hot topic of Affordable Housing and in the Tax Credit world, it’s no different. LIHTC properties are looking toward their respective states for guidance, resulting in a variety of approaches to HOTMA across the US for Tax Credit. To provide some insight on what LIHTC properties can be doing to tackle HOTMA head-on, we sat down with Tax Credit expert, Scott Michael Dunn, CEO and Owner of Costello Compliance, to ask some questions. Read the full Q&A with Scott Michael Dunn here: https://hubs.li/Q02W2f2v0 #taxcreditproperties #HOTMA #AffordableHousing #LIHTC

Did you know that you have the right to contest your property's value in Texas? It might seem daunting, but it's a necessary step to ensure you're not overpaying on property taxes. The best part is, you lose nothing by protesting! The worst that can happen is the Appraisal Review Board (ARB) saying no. I successfully lowered my property tax burden this morning by scheduling a 20-minute meeting with an appraiser from the Denton Central Appraisal District. I came prepared with sales comparables from January 1, 2023 to December 31, 2023 and I was able to demonstrate my case successfully! ?????????? Why not take advantage of this opportunity? Protesting your property's value could save you money in the long run. Your wallet will thank you! #Texas #PropertyTaxes

Illinois is finally #1! https://lnkd.in/euyFvUqP Get busy Illinoisans, pass the millionaire's tax https://lnkd.in/eQRX6AFi Let's see how fast they leave. What a disaster! If it was a high tax, highly productive state you might understand. No matter how high they notch up taxes, that loser state is headed for bankruptcy, restructuring or legislative limbo. Moreover, that festering sore on Michigan's shore (Chicago) will, like a magnetar, suck in all of the state's resources. They should build a wall around Chicago, like in the Hunger Games, or more appropriately, like in Escape from New York.

Investing in our Kids is top priority, but not at the financial long term cost to each homeowner. Plus there is limited oversight and outrageous cost estimates for where this money will be spent. How did HISD get to 4.4B - top down approach = maximum bond without an additional tax increase and still hold AAA financial rating. Next take the list of schools and added money to reach the 4.4B spend. Does that sound fiscally responsible to you?

The Philadelphia Office of Property Assessment has announced that 2025 real property values will begin to be mailed to property owners tomorrow, Wednesday, August 7, with updated values appearing online around the same time. Philadelphia’s deadline for filing property tax assessment appeals is Monday, October 7. This is a strict deadline. The City will not accept appeals filed after October 7, except for late-year purchasers (who have a limited extension) and in extraordinary circumstances. Learn more and reach out today - Links in comments! ???? #ClientAlert #Philadelphia #TaxAssessments #TaxAppeals #PropertyTax #RealEstateTax #CRE #CommercialRealEstate CC: Lawrence Arem Matthew McHugh Michael Phillips

?? Heads-Up, Hamilton Residents: Got a property vacant for over 6 months? The Vacant Unit Tax may apply. With annual reporting required, don’t miss deadlines or risk fines. Let’s support a more connected housing market. #taxawareness #hamont #realestateadvice

When it comes to estate planning in the United Kingdom, navigating the intricacies of taxation is paramount. One increasingly popular strategy is the utilisation of FOTRA (Free Of Tax for Residents Abroad) assets to minimize exposure to Inheritance Tax (IHT). ? Here Paul Waterman MCSI, ACIB explores the concept of FOTRA assets in more detail, exploring their significance, and providing insights into how individuals can leverage them to optimise wealth transfer and mitigate tax liabilities. https://lnkd.in/eiMD6dTR

As we approach the dreaded April 15th date, taxes are on my mind these days. We get lots of questions about 1031 Exchanges which allow you to sell an income-producing or investment property and reinvest the proceeds into another similar property and pay no income tax on the gain. These are very handy vehicles, but they have a lot of details and rules that must be followed. As one example, the funds from the sold property must be reinvested into a new or "replacement property" within 180 days. I'm considering one now for some property we're selling, and it can get daunting at times. If you're buying or selling using a 1031 Exchange, we'd love to help you! To help you in the buying/selling process give us a call or DM me here. For legal and procedural questions, read below: Link to a local Austin group that handle a lot of 1031's (there's a cool video at this site): https://lnkd.in/gwzTaNPp. You can set up a consultation here: https://www.1031texas.com/ Note: Layer 3 Real Estate is not affiliated with 1031Texas, but we do know people who use them.

Real estate remains one of the top portfolio items for investors, with thousands of real estate transactions taking place daily, and tax counsel and advisers representing persons in real estate transactions must have a comprehensive understanding of optimal tax planning and structures for the ownership vehicle and the mechanics of the purchase or sale transaction. Michael Sanders and Jeffrey M. Rosenfeld will provide an in-depth analysis of key tax planning techniques and challenges for real estate investors at this Strafford CLE/CPE live webinar on October 16. Learn more: bit.ly/3Mm2o1v #realestatetax #realestatetransactions #realestateinvestors #taxlaw

Enhance your estate planning with a Spousal Lifetime Access Trust (SLAT). Ideal for high-net-worth individuals, SLATs offer a strategic way to b transfer wealth efficiently while maintaining indirect access to assets. With upcoming changes in tax laws, including the potential sunset of the TCJA in 2025, SLATs have become increasingly vital in mitigating estate tax liabilities. Learn more about SLATs and maximizing estate planning benefits on our blog: https://lnkd.in/etZV7TJw