Ask Dr. Real Estate: Are You Sure This Is How Donald Trump Got Started? Sep 22, 2008
You've solved the toughest part of the problem - acquiring an income producing piece of real property that is providing you with a positive cash flow every month, an income tax shelter, and a hedge against inflation. Yes, real property values can go down, but the best predictor of future trends is the past ... Over the years, wise investments in real property has been a winner. (RealtyTimes)
We should aim to be like Alaska Sep 22, 2008
Now that would be real property tax relief, real income tax relief and outstanding college assistance or fuel assistance for the hardship I might face this winter. The more I hear and read about our neighbors to the great north, the more I believe Measure 1 will get my yes vote. (Bismarck Tribune, ND)
When the builder busts, Queensland does it better Sep 22, 2008
With more than 200 homes under construction, the collapse of Queensland's Real Property Constructions in February turned out to be the largest in the state's history. Within two weeks, however, the state-run Building Services Authority had processed the paperwork and authorised construction to resume with new builders. (Sydney Morning Herald -- Australia)
Condo scam's trail begins in Brevard Sep 21, 2008
Without Newman to pursue, the bank has sued the people it claims helped him carry out his scheme: Melbourne law firm Schillinger an and Satellite Beach-based Southeast Real Property Appraisers ... Before Newman's move to South Florida, he bought and sold real estate from about 1999 to 2004 in Brevard, where he met and hired Melbourne lawyers Charles Schillinger and Chris Coleman and Satellite Beach appraiser Mary K. Gibson, owner of the now-defunct Southeast Real Property Appraisers. (Florida Today)
Tax pinch provokes outcry Sep 20, 2008
Colonie property values as a whole declined 10 percent while Niskayuna's increased 3 percent, said Geoff Gloak, a spokesman for the state Office of Real Property Services. The Colonie decline was driven in South Colonie by $18 million worth of assessments that businesses fought in court and won. (Albany Times Union)
Child support office to relocate to Tallahassee Sep 20, 2008
The complaint alleges that the real property and all of the funds, which were seized by the Special Agents of the U.S. Secret Service on August 8, 2008 are forfeitable to the United States. According to the complaint, all of the property constitutes proceeds of a massive Internet-based wire fraud scheme that Thomas A. Bowdoin, Jr. and others allegedly operated out of a former Quincy flower shop. (Gadsden County Times, FL)
Vehicle disposal idea could be crushedAppeal of city's decision to allow auto recycling operation at industrial park to be heard Monday Sep 20, 2008
The section of the city zoning ordinance in question says: "A written appeal shall be taken to the City Council by the applicant or any person, firm, corporation, group or association owning real property within 150 feet of the conditional use applicant's property, aggrieved or affected by the decision ..." ... "Under ordinary rules of grammar," they contend, "because of the comma after the word 'property,' the modifiers beginning with 'owning real property' and 'aggrieved or affected by the... (Casa Grande Valley Newspapers, AZ)
Building rehab tax credits considered by Paterson Sep 20, 2008
35 million in total economic output, as measured through construction period taxes, real property taxes, plus post-construction sales and income taxes. All figures come from data supplied by the Preservation League. (Hudson Register Star, NY)
More of this story Sep 20, 2008
The Kauai County Council Wednesday deferred a bill to reform the real property tax system pending another workshop expected to air 11 proposed amendments to the controversial legislation ... The 147-page revenue neutral bill was submitted to the council in May by the late Mayor Bryan Baptiste s administration after an eight-member Real Property Tax Committee spent more than a year working on the legislation ... But a discussion on comprehensive real property tax reform has been ongoing for... (Lihue Garden Island, HA)
The First Federal Elections in Cana... Sep 19, 2008
These potential voters were men, usually with British backgrounds and they either had personal property or real property of value. In New Brunswick, for example, a man needed to have a value of $400. (Suite101.com)
Project coordinator for RBS Designs Jeanie Cannon described the layout for the new building that will replace the school currently used by Clarkson Elem students. Sep 18, 2008
The proposed rate for real property for 2008 is 11. 2 cents per $100 of real property and is expected to produce revenue of $251,295. (Leitchfield Grayson County, KY)
Ocoee sets final budget hearing Sep 18, 2008
In his budget message to the City Commission, City Manager Rob Frank explained: "The doubling of the homestead exemption, the decline in the real estate market and the overall economy have driven down revenues and taxable values. The city's gross taxable value of real property for the coming year is 2,325,169,608, an approximate six percent decline in value from last year.". He added that revenue from such resources as sales tax, state revenue sharing, local-option gas tax, impact fees, plan... (Winter Garden West Orange Times, FL)
Suspect Arrested in Fire Sep 18, 2008
Stuart has been charged with first degree arson and damage to real property. He is being held in Carthage on a $25,000 secure bond. (The Pilot Newspaper)
Leader of D.C. Property Tax Refund Scheme Pleads Guilty Sep 17, 2008
Walters, who began working for the District of Columbia government in 1981 and became Manager of the Real Property Tax Administration Adjustments Unit in OTR in 2001, used her experience and her knowledge of the District of Columbia's property tax refund process to prepare 226 fraudulent property tax refund vouchers. As the leader of a sophisticated conspiracy, Walters embezzled $48,115,419. (PR Newswire)
Public Meetings Sep 14, 2008
Non-decision-making workshop to discuss the recommendations of the administration as contained in Bill No. 2274, Draft 1, for an ordinance to amend Chapter 5A of the Kauai County Code relating to real property tax. Arborist Advisory. (Lihue Garden Island, HA)
The mayoral candidates talk platform Sep 14, 2008
She noted how the real property tax board s meetings became open to the public under her administration. She said she would also advocate a policy to release legal opinions to the public where appropriate. (Lihue Garden Island, HA)
Cayuga County takes in about $217,400 at foreclosure auction Sep 13, 2008
Different properties are up for sale every year and that affects the end result of the auction, said real property tax director Alan Kozlowski. Jill Connor / The CitizenMost of the seats are filled and some bidders are standing at the start of the 2008 Cayuga County tax foreclosure auction at the Emerson Park Pavilion in Owasco Tuesday. (Auburn Citizen, NY)
Commissioners take no action on Old Jail Sep 11, 2008
approved in separate votes, following an executive session, the purchase of portions of real property near Iraan; the court approved 43,629. 26 to the Trustee of the Marital Trust Under the Will of Rodney Richardson and 108,455. (Fort Stockton Pioneer, TX)
Judge considering whether to freeze dead doctors assets Sep 10, 2008
Gregory Forsberg, the son of Gary Forsberg, is seeking a court order to prevent Beverly Forsberg from accessing any retirement funds or other money held in wealth management accounts, as well as his estate, including any real property, automobiles, bank accounts and personal property. In court documents, Sierra Vista attorney Joel Borowiec, who is representing Gregory Forsberg, claims the killing of Gary Forsberg by Beverly Forsberg was intentional. (Sierra Vista Herald, AZ)
Letters for Wednesday, September 10, 2008 Sep 10, 2008
The Garden Island reported last week on the Kauai County Council s vote to defer legislation that would overhaul the real property tax system ( Council defers tax bill again, A1, Sept. 5). I serve on the council and I am in the race for mayor of Kauai. (Lihue Garden Island, HA)
Tiny dog's death pits neighbor against neighbor Sep 9, 2008
Last summer, Upchurch sued his next-door neighbor, Ronald Jenkins, 60, of 1032 Cookwood Court, for injury to real property after accusing Jenkins of using improper irrigation techniques that burned Upchurch's grass. A Wake County judge dismissed the case, attributing the dried grass to the drought, court records show. (News & Observer)
IP Theft as plagiarism Sep 9, 2008
For some reason the theft of bit streams is widely viewed very differently than that of real property. Yet transgressing an IP license could cost millions. (EETimes)
DDT story on SDRHA not accurate Sep 7, 2008
B. Real property acquired by South Delta is exempt from the assessment of real property taxes or liens, including special assessments on its properties. It is also exempt from a tax sale, Miss. (Greenville Delta Democrat Times, MS)
Escrow protects both buyers and sellers Sep 7, 2008
Fractional interest gift: Allows a donor to transfer partial interests in real property to donees and obtain fractional interest discounts for estate and gift tax purposes. Private foundation: An entity used by higher wealth families to receive any otherwise taxable property so as to eliminate estate taxes on the death of a surviving spouse. (Lihue Garden Island, HA)
Don't let home inspector out of your sight (2) Sep 7, 2008
Q: In as much as there are a great number of current issues regarding disclosure to the purchaser of real property, when, if ever, is it going to be the responsibility of the purchaser to investigate particular items of relevance to them. --George D.. (Lodi News Sentinel, CA)
Board of Education approves tax increase Sep 6, 2008
5 cents on real property. As a result of Monday s board action, the real estate tax would go to 39. (Leitchfield Grayson County, KY)
Co-Lin approves new student care clinic Sep 6, 2008
The board unanimously approved the administration to authorize the Bureau of Buildings, Grounds, and Real Property Management to include a men's dorm in the request for professional services for new projects. "This allows for the preplanning for the dorm," Nettles said. (Brookhaven Daily Leader, MS)
Voters to decide SPLOST Sep 6, 2008
Attapulgus would use SPLOST for real property acquisition, expansion of the town's community center; renovation and expansion of City Hall and the police department; acquisition of a police patrol car and other law enforcement equipment; fire hydrants; acquisition of a garbage truck and chipper; and road and water system improvements. Climax would use SPLOST for a new fire truck; police equipment; road and water system improvements; parks and recreation equipment; and administrative offices and... (Bainbridge Post Searchlight, GA)
Forest City Reports Second-Quarter and Year-to-Date Financial Results Sep 5, 2008
Risks and factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, general real estate development and investment risks including lack of satisfactory financing, construction and lease-up delays and cost overruns, dependence on rental income from real property, reliance on major tenants, the effect of economic and market conditions on a nationwide basis as well as in our primary markets, vacancies in our... (PR Newswire)
Taxes up for many due to exemption changes Sep 5, 2008
Jeff Gloak, of the state Office of Real Property Services, said a 10 percent drop would be about 82 for a taxpayer with the basic STAR exemption. Gloak said there had not been specifically a cut to the STAR exemptions, but the Legislature had approved a different way of calculating them that means certain municipalities will see smaller exemptions. (Hudson Register Star, NY)
Another Tax Increase Proposed Sep 4, 2008
This increase means that taxpayers will pay more in taxes on their home, depending on any changes in their assessment, and they will possibly pay more for a car tag, utilities, business fixtures and equipment and rental real property. During a recent meeting, supervisors were quick to point out that not everybody could see an increase. (Forest Scott County Times, MS)
Local Real Estate Valuation Expert Invited to Talk About the Valuation of Office Buildings Sep 2, 2008
He formerly was a former member of the Nassau County Board of Assessors and a Director at Price Waterhouse LLP. The Counselors of Real Estate is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide objective advice on complex real property situations. Membership is selective, extended by invitation only. (PR Newswire)
A long way to go in Illinois Sep 2, 2008
Lawmakers continue to play a game of incumbency rather than listen to the majority; the moral voices of voters that say raise the income tax slightly, provide for tax credits for the lowest wage earners and with real property tax relief for homeowners. This sound solution would create a long-term, fiscally and socially responsible fix to the funding of public education and human services. (DeKalb Daily Chronicle, IL)
Series: Part 4 - Businesses, housing would benefit in proposed bill ... Labor Day breakfast a good way to give back ... Talk Story ... Senior Calendar ... Mayoral candidates’ forum tonight ... TGI announces political forums ... ';var marqueewidth="408px";var marqueeheight="25px";var marqueebgcolor="#white";////NO NEED TO EDIT BELOW THIS LINE////////////var pauseit=1;var marqueespeed=1 //slow speed down by 1 for NSvar copyspeed=marqueespeedvar pausespeed=(pauseit==0)? copyspeed: 0var iedom=document.all||document.getElementByIdif (iedom)document.write(''+marqueecontent+'')var actualwidth=''var cross_marquee, ns_marqueefunction populate(){if (iedom){cross_marquee=document.getElementById? document.getElementById("iemarquee") : document.all.iemarqueecross_marquee.style.left=parseInt(marqueewidth)+8+"px"cross_marquee.innerHTML=marqueecontentactualwidth=document.all? temp.offsetWidth : document.getElementById("temp").offsetWidth}else if (document.layers){ns_marquee=document.ns_marquee.document.ns_marquee2ns_marquee.left=parseInt(marqueewidth)+8ns_marquee.document.write(marqueecontent)ns_marquee.document.close()actualwidth=ns_marquee.document.width}lefttime=setInterval("scrollmarquee()",20)}window.onload=populate;function scrollmarquee(){if (iedom){if (parseInt(cross_marquee.style.left)>(actualwidth*(-1)+8))cross_marquee.style.left=parseInt(cross_marquee.style.left)-copyspeed+"px"elsecross_marquee.style.left=parseInt(marqueewidth)+8+"px"}else if (document.layers){if (ns_marquee.left>(actualwidth*(-1)+8))ns_marquee.left-=copyspeedelsens_marquee.left=parseInt(marqueewidth)+8}}if (iedom||document.layers){with (document){document.write('')if (iedom){write('')write('')write('')write('')}else if (document.layers){write('')write('')write('')}document.write('')}} A Kaiola Canoe Club women’s team glides out of Nawiliwili Harbor during a practice recently. photo by Dennis Fujimoto/The Garden Island KAUAI NEWS Series: Part 4 - Businesses, housing would benefit in proposed billEditor’s note: This is the fourth part in a series on the proposed property tax system reform. Part 3 appeared Aug. 26.More of this story Sep 2, 2008
We re helping our businesses, said Eric Knutzen, who served as a facilitator for the county Real Property Tax Committee ... The proposed real property tax system would balance this increase by decreasing the amount collected from the residential and resource lands categories by a combined 4. (Lihue Garden Island, HA)
Law creates taxing situation for nonprofits Sep 2, 2008
It also has sold weatherization services in the past, which could qualify as services to real property. Executive Director Marlies Wesolowski isn t sure if it should now be charging sales tax for such services. (Buffalo Business First, NY)
Police charge firefighter in several blazes Aug 30, 2008
According to a statement Friday by the Aiken County Sheriff's Office, Brandon W. Smith, of the 500 block of Florida Avenue, is charged with four counts of second-degree arson and a charge of malicious injury to real property. He was arrested Thursday night during a traffic stop and was held at the Aiken County Detention Center before being released later that day. (The Augusta Chronicle)
Council needs update on cameras Aug 30, 2008
Little to your surprise, you got a letter saying, Dear Real Property Owner, The assessed value of your real property has been changed. What really came as a shock is that most likely your Real Property Value just doubled, like mine did. (Longview Daily News, WA)
Judge reopens Piper case, orders repayment of $900K Aug 29, 2008
That, an inventory of the estate filed in June 2007 "showed no property, personal or real, located in Covington County, Alabama. At that time, according to Enzor's order "this estate should have been transferred to Conecuh County," and the administrator's bond should have been raised. That the Code of Alabama, in Section 43-6-2, requires the personal representative or administrator to publish for three consecutive weeks the name of the deceased, his description, his place of birth and death, and... (Andalusia Star News, AL)
SC firefighter charged with starting fires Aug 29, 2008
The Aiken County Sheriff's Office says 19-year-old Brandon W. Smith was arrested Thursday and charged with four counts of second-degree arson and malicious injury to real property. The sheriff's office says Smith is a volunteer firefighter with the New Ellenton Fire Department. (Orangeburg Times and Democrat, SC)
Olmsteads not sold Aug 28, 2008
Heber Springs State Bank President and CEO Bill Lynch, in a letter to Flippo August 20, notified him that, "Due to the inability to timely complete the closing of your purchase of Olmstead Funeral Home business and real property located in Heber Springs and Fairfield Bay, Arkansas, along with the expiration of our pre-qualification letter to you dated May 2, 2008, it has become necessary for us to review the current status, along with any changes, of the collateral which would secure your loan.... (Heber Springs Sun-Times, AR)
PharmaForce gets incentives for New Albany project Aug 27, 2008
New Albany officials are finalizing a local tax incentive package for the company, expected to be a real property abatement up to 100 percent over 15 years, said Jennifer Chrysler, the village s community development director. PharmaForce received other state incentives, including an eight-year, 60 percent tax credit in 2004, to spur a $5. (Columbus Business First, OH)
Selectman Reports on HRRA Progressfor Transfer Station Aug 27, 2008
The assets include numerous solid waste collection companies, the White Street transfer station in Danbury, real property, race cars and more. The winning bidder immediately would have a legal, dominant solid waste collection market share and a legal monopoly on solid waste transfer and processing in the region that would do little to increase competition to the consumers' benefit or to protect against the reemergence of organized crime in the region's solid waste system. (Voices, CT)
GameTech Announces Debt Refinance and Purchase of New Headquarters Aug 23, 2008
On the topic of the debt refinancing, President and CEO Jay Meilstrup states, "Our decision to change lenders has both community and financial benefits. We are excited about building a relationship with two well established financial institutions that have a major presence within Northern Nevada and the gaming industry. Their expertise and advice in this transaction enabled us to structure a deal that not only provides the funds to purchase the real property and construct the improvements for... (PR Newswire)
a better kauai - Taxpayers’ heads in the lion’s mouth Aug 23, 2008
Pending before the County Council is a 147-page bill (2274) authored by a group of finance department employees (real property tax committee) that would fundamentally change our county s real property tax laws. The manner that the bill was presented and processed should be of great concern to all of us. (Lihue Garden Island, HA)
UK law firm looks to begin prosecuting file sharers Aug 22, 2008
August 21, 2008, 5:13 PM. Davenport Lyons has been working with the music industry in the UK to sniff out P2P users. (BetaNews)
Police arrest six involved in assaults, threats (876) Aug 21, 2008
Jeffery Covington, 23, Cauthen Drive, was arrested on misdemeanor charges of injury to real property and communicating threats. He was held in Richmond County Jail until bond was set by a judge. (Rockingham Daily Journal, NC)
Man out on bond, charged with 2nd copper theft Aug 21, 2008
Police charged him with malicious injury to real property. Then Brown was arrested Tuesday, facing the grand larceny charge. (Orangeburg Times and Democrat, SC)
Board rejects firm's bid to settle complaints Aug 21, 2008
MJW is the company that handled the state-mandated revaluation of the town's real property. At the March 6 board meeting, town board members unanimously voted to approve a resolution declaring the contract with MJW in default because of MJW's failure to deliver products and services. (MIllbrook Voice Ledger, NY)
Rising fuel, property taxes boost Honolulu C.A.M. costs Aug 21, 2008
They typically include electricity, water, sewer and security charges as well as the tenant s share of real property tax. Higher fuel prices, coupled with an increase in the real property tax rate on commercial properties on top of higher property values have driven those charges up over the past couple of years for all retail, as well as office and industrial, tenants. (Pacific Business News, HI)
Expenses cost Vick $12,000 each month Aug 21, 2008
Four houses, three in Virginia and one in Georgia, are listed as real property with a value of $6. 4 million. (Atlanta Journal-Constitution)
Government Is One Big Traffic Jam Aug 20, 2008
Because I wouldn't pay for the incorrect tax bill, they immediately put a lean on my real property and threatened to sell it off. For over a year, I had to call in each day, talking to a disgruntled D- student with a proficiency in ebonics, and was hung up on, tranferred to dead lines, and for some who were motivated enough to speak with me, they told me I indeed did own two properties. (Townhall.com)
Lawmakers return to Capitol for special session Aug 20, 2008
Assemblyman Ron Canestrari/D-Majority Leader: Immediate real property tax relief to a majority of New Yorkers, particularly the middle class. Its very progressive, very all encompassing. (FOX23 News, NY)
Man to get at least 14 years for drug crime Aug 19, 2008
Roland Whitten pleaded guilty to felony possession of stolen goods and injury to real property and was sentenced to from six to eight months in prison. Glenda Lee Blue pleaded guilty to misdemeanor breaking and entering and was sentenced to 30 days in jail. (Rockingham Daily Journal, NC)
"Special" Session Aug 19, 2008
Now Democrats can claim they passed real property tax relief and made sure everyone (including millionaires) did their part. Republicans (who have already passed a property tax cap) will say they passed property tax relief. (WNBC.com, NY)
Lead or get out the way Aug 18, 2008
Coupled with real property tax relief by requiring the state to pay 20 percent of local property tax bills, the majority of Illinois citizens will feel no additional tax burden. The new revenue will also be used to pay the state s unfunded liabilities pension and the Medicaid backlog and fully fund a quality education for all children in the state. (DeKalb Daily Chronicle, IL)
Letters for Monday, August 18, 2008 Aug 18, 2008
Some secret commission has been working on changing the real property tax collections for over a year. Now the County Council has but two weeks to railroad it through so it can be implemented next tax year. (Lihue Garden Island, HA)
Annexation on minds of SV officials Aug 17, 2008
Real property rental tax. - City: 1 percent. (Sierra Vista Herald, AZ)
Open space tax increase is on ballot Aug 17, 2008
While the levy is currently fixed at 2 cents per $100 of assessed valuation of real property, the referendum will ask residents to vote yes or no to increase it to 3 cents per $100. While expressing their displeasure in raising taxes, committee members noted that state aid for conservation is dropping, leaving more of the task of funding green and open space initiatives to municipalities and taxpayers. (NJ.com -- Times)
More of this story Aug 17, 2008
Current council members Mel Rapozo and JoAnn Yukimura and political outsider Rolf Bieber said they would improve government efficiency in dealing with problems such as landfill space, real property taxes and the outdated general plan as they answered questions from members of the public, including a handful of County Council candidates ... Scott Mijares, of Kilauea, another council candidate, asked the mayoral candidates how they would handle the ongoing issue of real property taxes ... (The... (Lihue Garden Island, HA)
Girdwood numbers just don't add up Aug 16, 2008
Didn't federal agents check Anchorage's real property records before they indicted Ted Stevens. Story tools. (Anchorage Daily News)
Action taken in fuel matter Aug 16, 2008
8 cents per 100 accessed value on real property will be dropped to 37. 6 cents. (Murray Ledger & Times, KY)
Lucia Mar still looking at Oceano center Aug 16, 2008
The FlexFund Program allows school districts, community colleges and county offices of education to finance their real property, equipment and facility needs up to 5 million with a lease/purchase agreement, according to CSBA's Web site. August 16, 2008. (Santa Maria Times)
Valorem taxes will stay same in county Aug 16, 2008
Magistrates accepted that was exactly what they would do and passed real property at 13. 0 (same as last year), personal property at 20. (Russellville News Democrat Leader, KY)
City council approves temporary sites for call center Aug 15, 2008
First reading of resolution 08-943, which would have authorized the purchase of real property located at 1107 N. G Avenue. Pro Tem Mayor Bob Fernandez said he did not vote for the item because he prefers to see the property before the City buys it. (Douglas Daily Dispatch, AZ)
Joy as Zooview folks return home Aug 11, 2008
During the visit, Saari promised to bring the issue up at upcoming meetings with the Selangor Housing and Real Property Board (LPHS) as well as the state government. After the tragedy, which claimed four lives on May 31, 2006, eleven families were ordered to move out by the MPAJ. They were transferred to a nearby hotel where they stayed for two weeks before moving into temporary homes in Taman Ukay Bistari. (The Star Online, Malaysia)
