Fla. 1 of 16 states that taxes investment homes more


IRVINE, Calif. – April 6, 2017 – The effective tax rate for investment homes was lower than the effective tax rate for owner-occupied homes in 34 states, including California, Texas, Ohio, Illinois and New York, according to a study from ATTOM Data Solutions.

States where the effective tax rate for investment homes was higher than the effective tax rate for owner-occupied homes included Florida, Pennsylvania, Michigan, Indiana and Arizona.

The average annual property tax for only owner-occupied single family homes nationwide was $3,658, an effective tax rate of 1.21 percent. That was higher than the average annual property tax of $2,437 and effective tax rate of 1.03 percent on non-owner occupied (investment) homes.

Investment property homeowners owed $51.4 billion in property taxes in 2016, accounting for 19 percent of the total property taxes owed nationwide, while the

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ATTOM: Best U.S. markets for buying and selling single-family rentals in 2017


IRVINE, Calif. – March 24, 2017 – ATTOM Data Solutions has released its Q1 2017 Single Family Rental (SFR) Market report, which ranks the best U.S. markets for buying single family rental properties in 2017.

The report analyzed single family rental returns in 375 U.S. counties each with a population of at least 100,000 and sufficient rental and home price data, along with more than 6,000 U.S. ZIP codes with a population of 2,500 more and sufficient rental and home price data. Rental data was from the U.S. Department of Housing and Urban Development (HUD) and home price data was from publicly recorded sales deed data collected and licensed by ATTOM Data Solutions.

The average annual gross rental yield (annualized gross rent income divided by median purchase price of single family homes) among the 375 counties was 9.0 percent for 2017, down from an average of 9.1 percent in 2016.


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NAR: Consumers almost giddy - but renters wary of buying


WASHINGTON – March 15, 2017 – Multiple years of uninterrupted job gains and hope that the best replica bags website www.obagh.comis yet to come in 2017 are igniting consumer confidence across the country, and especially in rural and middle America, according to a new consumer survey from the National Association of Realtors® (NAR). The survey also found a growing disparity among renters who think it's a good time to buy and homeowners who think it's a good time to sell.

In NAR's ongoing quarterly Housing Opportunities

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10 rental property tax deductions landlords love


NEW YORK – March 13, 2017 – Whether you rent out a place or room to a tenant full time or just for a few weeks while you're away on vacation, you already know it's a great way to make money. But did you know it can also save you cash at tax time? That's right, being even a part-time landlord comes with tons of rental property tax deductions you'll want to take advantage of. Pass them up, and you're essentially throwing wads of moolah out the window.

"You could be losing hundreds, if not thousands, of dollars in deductions," says St. Petersburg, Florida Realtor Lisa Cahill, a CPA and former tax manager.

One caveat, though: If you rent out part or all of your primary residence to others for fewer than 15 days out of the year, you can't deduct any expenses. But on the other hand, you don't have to report the money as rental income (meaning it's tax-free).


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2017 legislative priority: Cut the business rent tax


TALLAHASSEE, Fla. – Feb. 27, 2017 – It costs jobs. It limits a business's growth potential. panerai replica watches It discourages people from starting small businesses. It leaves holes in communities as commercial space sits empty. These, and many more comments just like them, abound when you ask Realtors® about the business rent tax.

"I have been involved in multiple deals that simply fell apart once the client started factoring in the extra cost of the business rent tax," says Edward Redlich, a commercial Realtor based out of Miami.

So, what exactly is the business rent tax and why is Florida Realtors fighting to reduce it?

Florida charges a six percent sales tax on businesses that rent commercial space. Additionally, municipalities and local governments

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