Texas Property Tax Cut
Published Wednesday, July 12, 2006 by Real Estate Pro.Finally some relief - the Texas House of Representatives approved, 139 votes to five, an 11% cut in property taxes. Now the bill goes to the state senate and the governor. If passed, the bill will give school districts around $2 billion from the state's surplus. Most districts across the state are taxing property owners close to $1.50 per $100, which is the maximum amount allowed by the state. Let's hope we get the relief that property owners need.
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Texas Property Tax Cut
Private Annuity Trust
Published by Real Estate Pro.The Newest Exit Strategy for Real Estate The Private Annuity Trust By Christian Ramsey What would you think if I told you that you could sell a highly appreciated property, not pay any capital gains tax or depreciation recapture costs, and not be forced to buy another piece of real estate? The PAT is a tool that defers the capital gains tax in a fashion very similar to an Installment Sale would and completely avoids Depreciation recapture costs.
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Private Annuity Trust
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