Texas Real Estate
Trealtor Yes, U.S. citizens and resident aliens must report certain foreign property holdings to the IRS, but the specifics depend on the type of property. Here’s a clear breakdown: ✅ Key takeaway: Owning foreign property itself usually doesn’t need to be reported unless it generates income or is tied to foreign financial accounts/assets above reporting thresholds. … Read more
Yes, U.S. citizens and resident aliens may have to pay taxes on foreign property, but it depends on the type of tax we’re talking about. Let me break it down clearly: 1. Property Tax Abroad 2. Income from Foreign Property 3. Capital Gains Tax 4. Reporting Requirements 💡 Key takeaway: Owning foreign property doesn’t automatically … Read more
Yes, U.S. citizens can buy property abroad, but there are several important factors to consider: 1. Legal Restrictions 2. Financing 3. Taxes 4. Currency Risk 5. Legal Process 6. Residency Considerations ✅ Bottom line: U.S. citizens can buy property abroad, but you should research local laws, taxes, financing options, and hire professional legal help to … Read more
The famous Trump Plaza Hotel & Casino in Atlantic City is for sale again. The property sits on 10.2 acres of boardwalk land and includes a remaining tower and a 2,658-space parking garage. The site was once a hotspot for celebrities and big events, including Wrestlemania and concerts by stars like Madonna. Trump opened it … Read more
A new report shows that the Trump administration is making it harder to enforce the Fair Housing Act (FHA), a law that fights discrimination in housing. The FHA was passed in 1968 to stop landlords from treating people unfairly because of their race, gender, or other factors. But the Trump administration has reduced staff and … Read more
Former President Donald Trump gave a long speech at the United Nations (UN), criticizing the organization and its buildings. Part of his frustration goes back nearly 20 years when he, as a real estate developer, wanted to remodel the UN headquarters in New York. The UN did not choose him for the project, and he … Read more
Texas is experiencing a cooling housing market as new home sales declined for the third consecutive month in August, even while inventory climbed to record levels. The latest report from HomesUSA.com, based on MLS data from the state’s four largest markets, paints a challenging picture for both builders and buyers. Statewide, active listings jumped to … Read more
The U.S. General Services Administration (GSA) is offering 400 real estate management employees, previously dismissed during the Trump administration’s efficiency initiative, the chance to return to their positions, according to Federal News Network and the Associated Press. At the same time, 126 other employees at the agency’s Public Buildings Service will be officially terminated. A … Read more
Texas is experiencing a cooling housing market as new home sales declined for the third consecutive month in August, even while inventory climbed to record levels. The latest report from HomesUSA.com, based on MLS data from the state’s four largest markets, paints a challenging picture for both builders and buyers. Statewide, active listings jumped to … Read more
Texas Attorney General Ken Paxton and his wife, Angela, have drawn attention for claiming three separate homes—one near Dallas and two in Austin—as their primary residence on mortgage documents. This designation allowed the couple to secure lower interest rates, potentially saving tens of thousands over the life of the loans, according to public records. Mortgage … Read more