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Real estate tax loophole addressed by Nevada lawmakers | Las Vegas Review-Journal

A bill closing a tax loophole revealed by a Las Vegas Review-Journal investigation passed the Legislature on its last regular session day and awaits action by Gov. Joe Lombardo.

Las vegasUnited statesClark countyChristine hessBenjamin hager las vegasSteve sebeliusHolly unckEli segallJoe lombardoPerkins coieBob mahonTom blanchardNevada resort associationNevada housing coalitionAssembly majority leader sandra jaureguiVegas chamber

Real estate tax: Nevada lawmakers approve bill to close loophole

Gov. Joe Lombardo has bill to close transfer tax loophole after legislature passed it

United statesLas vegasClark countyTom blanchardBob mahonSteve sebeliusPerkins coieJoe lombardoHolly unckBenjamin hager las vegasChristine hessEli segallNevada resort associationAssembly speaker steve yeagerVegas chamberNevada housing coalition

Legislation targeting real estate transfer tax loophole criticized

Experts say the legislation to close the transfer tax loophole will not result in a significant increase in the payments.

Clark countyUnited statesLas vegasCarson citySandra jaureguiCara clarkeD las vegasTom blanchardClifford jeffersEli segallEllen schmidt las vegasSteve yeagerToby yurekHolly unckPerkins coieDon griswold

2007 Nevada tax change cut cost of property deals

Overall, at least two dozen or so transactions in the Las Vegas area, totaling $27.5 billion, have closed since 2007 without any publicly reported real estate transfer taxes, according to a Review-Journal report.

New yorkUnited statesFrance generalLas vegasClark countyHeidi kasamaChris giunchiglianiRussell roweHolly unckLas vegaAaron richardsonE baskow las vegasRowe law groupClark county school districtGroup phoenixSenate minority leader dina titus

Las Vegas, Nevada s biggest real estate deals see no transfer taxes

At least $27.5 billion worth of Vegas transactions have closed since 2007 without publicly reporting tax payments routinely levied on home purchases.

New yorkUnited statesLas vegasClark countyHeidi kasamaChris giunchiglianiJason hidalgoRussell roweHolly unckLas vegaEli segallAaron richardsonRowe law groupClark county school districtGroup phoenixSenate minority leader dina titus

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