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$325K in grants announced for local organizations
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What financial advisers are telling rich clients about Biden s tax hike
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Mansion Global
What U.S. Policies Could Affect the House I Want to Leave My Children?
The Biden administration might scrap a highly lucrative rule for heirs of real estate, while Senate Democrats have another proposal By V.L. Hendrickson |
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Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question.
Q. I m doing some estate planning. Are there any changes under consideration that could affect the property I m planning to leave to my children?
A. A bill that would change the way estates are taxed was proposed by several U.S. senators on Monday.
A limited edition Farewell Bootham Crescent gin has been created to help York City fans toast their old ground. As supporters await their first match in the new stadium, they are being offered a a taste of nostalgia with the new charity gin. The 89 bottles in the limited run are all unique. Each label is printed with one of the seasons the club spent at the ground between 1932-33 and 2020-21. Makers York Gin have also replaced their normal logo with illustrations from the ground’s history by award-winning artist Chrissy Moon, and the motto ‘Farewell Bootham Crescent’. The 70cl bottles go on sale for £39 at 9am on Friday, February 5 on the York Gin website www.yorkgin.com/ycfc. Fans just need to choose their favourite year during the checkout process.
Mansion Global
From tax changes to rental rules to infrastructure plans, what’s happening nearby is of utmost importance By V.L. Hendrickson |
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Argentina passed a progressive tax that can mean a 5.25% charge on individuals with assets worth more than 200 million pesos (US$2.5 million). Anton Petrus / Getty Images
Argentina passed a progressive tax that can mean a 5.25% charge on individuals with assets worth more than 200 million pesos (US$2.5 million).
Anton Petrus / Getty Images
Think globally, but buy real estate locally.
Although the economy of a country as a whole is a factor to consider when researching real estate, it’s just one of the considerations super-prime investors should take into account. They should also be examining local issues like taxation and long-term infrastructure planning as they mull the decision to invest in luxury real estate.
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