Carbondale property owners suffer tax sticker shock
A combination of two recent voter-approved tax increases and a resurgent real estate market that produced a big increase in property valuations last year is hitting Carbondale taxpayers with a triple whammy on their current tax bills.
That’s playing into the debate over two new tax proposals that are on the town’s April 5 mail ballot, including a brand new property tax levy to pay for capital improvements in the town.
Source: Postindependent Website
DuPage Zoning Board reviews residential, industrial property cases
The DuPage County Zoning Board of Appeals held a public hearing Feb. 25 to address the zoning requests of residents and business owners in Lombard and Hanover Park.
The specific petitions involved the storage of vehicles on residential property and the creation of residential space within a light industrial zone.
Results of the hearing are public record and can be reviewed by visiting the Board of Appeals at the Jack T. Knuepper Administration Building, located at 421 North County Farm Road in Wheaton.
Source: Dupagepolicyjournal Website
What Next for US Masters Residential Property Fund Stock After Today’s Huge Increase?
The stock of US Masters Residential Property Fund (ASX:URF) is a huge mover today! The stock increased 2.88% or $0.06 on March 11, hitting $2.14. About 35,047 shares traded hands. US Masters Residential Property Fund (ASX:URF) has risen 5.42% since August 13, 2015 and is uptrending. It has outperformed by 10.67% the S&P500. The move comes after 9 months positive chart setup for the $619.02M company. It was reported on Mar, 11 by Barchart.com. We have $3.30 PT which if reached, will make ASX:URF worth $334.27M more.
Source: Stockcaller Website
Caution in Cannes as property moguls gather
Picture the French Riviera, and you’re probably envisioning sunshine, glamour, and a world-famous film festival. You’re probably not thinking about property.
But more than 21,000 people descend on the Riviera town of Cannes every year for the Mipim property conference – a four-day jamboree of speeches, meetings and, crucially, parties – which starts tomorrow .Source: Telegraph Website
Residential property landlords urged to learn about tax changes
TWO East Lancashire businesses joined forces to explain how the imminent tax changes could impact on the rental profits of residential property landlords and those purchasing second homes.
Over 100 residential property landlords gathered at Moorhouse’s Brewery in Burnley to hear presentations from Cassons business advisers LLP and Petty Estate Agents – the area’s only selected Relocation Agent Network Local Experts.