It’s the SALT tax, stupid: Here’s why luxury home sales have surged

It’s the SALT tax, stupid: Here’s why luxury home sales have surged. While the greater housing market has experienced a nationwide slowdown, the appetite for luxury homes in Miami Beach has.

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It’s the SALT tax, stupid: Here’s why luxury home sales have surged. Ultra luxury real estate prices could rise by 5 percent this year in metropolitan Miami, the second-fastest growth rate.

2016: The Year in Review. Dec 31st. However its’ international driven growth has recently stopped in its tracks because of a new tax on foreign real estate investors. Its tax policy is in international courts because of treaty violations so not sure where it will go from here. Why they are.

 · It’s the SALT tax, stupid: Here’s why luxury home sales have surged. May 2, the appetite for luxury homes in Miami Beach has surged.. which limited the ability of taxpayers to deduct state and local taxes – dubbed SALT – from their income in 2018.

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Early indications suggest that primary users, second-home buyers and return. during this current preconstruction cycle. Only about 13 percent – or less than 340 units – of the nearly 2,550 new.

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