real estate tax breaks

Miami Was The Place To Retire — Until It Slid 150 Spots Down The Popularity List

The financial considerations of moving to Miami have shifted considerably. The draw of the city has long been about dollars and cents: you could move from a place like New York City, with its astronomical cost of living, to another global city, riding into retirement with some extra money and a whole lot more sun to boot. However, between 2019 and 2023, it got a whole lot less advantageous to make the move.

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President Biden Looks To End ‘Sweetheart’ Deals For Real Estate And Billionaires

President Biden just released a proposed 2024 budget in which he pitched eliminating tax breaks for real estate and private equity firms as part of his efforts to cut the country’s budget deficits by nearly $3 trillion over the next decade. The White House is aiming to recover about $19 billion by closing the loophole known as the “like-kind exchange,” or 1031 exchange. CLICK ON THE HEADLINE FOR MORE

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