Tax plan: Big savings, major cuts The Legislature is preparing to cut the average property-tax bill 7 percent this year, and then ask voters next year if they want to save far more by supersizing homeowner tax exemptions, under a plan Republican leaders released late Friday after weeks of secret talks. Total cost to local …
Category Archives: Breaking News
Many Investors Feel Like Running Away From Homes
Many Investors Feel Like Running Away From Homes Buying real estate seemed a no-brainer five years ago. Cheap loans were easy to get. Home prices were soaring. Stocks were dead money. How things have changed. For-sale signs are sitting ignored in some cities. Interest rates on exotic loans are doubling. Insurance premiums and property taxes …
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New law alters condo landscape [South Florida]
New law alters condo landscape [South Florida] The husband-and-wife real estate team of Norm and Janice Holloway sells more Venice condominiums than just about anybody. But when the couple settled into their own waterfront abode at Pointe Whitecap in Venice nearly six years ago, Norm promised Janice that he would never sell it out from …
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Old Florida enclave is new Florida hot spot [South Florida]
Old Florida enclave is new Florida hot spot [South Florida] Before it became a people magnet, Flagler County’s biggest claim to fame was Exit 284 — where I-95 runs closer to the Atlantic Ocean than at any other exit from Maine to Miami. That’s all changed. Flagler has a new national title, courtesy of the …
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Developer was mole for feds [Chicago]
Developer was mole for feds [Chicago] John Thomas bought and sold downtown office buildings and helped other property developers secure multimillion-dollar mortgage loans. But the high-living dealmaker had a double life. Thomas, who was convicted of federal business fraud in New York in 2004, has been serving as an undercover government mole in Chicago for …
Peebles sues for control of Royal Palm [South Florida]
Peebles sues for control of Royal Palm [South Florida] Don Peebles sold off most of the Royal Palm three years ago. But now he’s suing to take over the South Beach resort, saying management is ruining the hotel. Three years after giving up control of the Royal Palm Hotel in a sale, R. Donahue Peebles …
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