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property-ownership

3 stories related to this topic, newest first.

NYC Mayor Unveils Housing Plan With Rent Freeze and Ownership Transferszerohedge.com
business2 days ago

NYC Mayor Unveils Housing Plan With Rent Freeze and Ownership Transfers

Mayor Zohran Mamdani released a housing plan that includes a proposed four-year rent freeze on nearly one million rent-regulated apartments and provisions to transfer ownership of some distressed buildings to nonprofits or tenants. The plan also offers limited exemptions for cert…

zerohedge.com
1 source
Australian Tax Changes to Affect Family Trusts and Property OwnersThe Sydney Morning Herald
world9 days ago

Australian Tax Changes to Affect Family Trusts and Property Owners

New tax rules will impose a 30 per cent flat rate on family trust distributions starting in two years. Property owners face capital gains tax on transfers but not on inheritances. Negative gearing deductions will be deferred rather than eliminated.

The Sydney Morning Herald
1 source
UK Treasury Consults on Extra Charge for Non-Resident Owners of High-Value HomesThe Times
business9 days ago

UK Treasury Consults on Extra Charge for Non-Resident Owners of High-Value Homes

The Treasury opened a consultation on whether non-UK resident owners of properties subject to the new high-value council tax surcharge should pay an additional premium. The surcharge begins in April 2028 and applies to homes valued at £2 million and above.

The Times
1 source