Morrows’ Post

With changes to Victoria’s Vacant Residential Land Tax expanding across the state, property owners must understand how this could impact their tax bill. Whether you own a holiday home or a vacant residential property, it's important to be prepared and aware of the new obligations. Read our latest article and contact our team to discuss how these changes may impact you. #WealthManagement #PropertyTax #InvestmentStrategy #MorrowsAdvisory

🏡 Hold a holiday home in a trust or company in Victoria? 🌞 A newly proposed Bill offers the possibility of relief from the onerous vacant residential land tax (VRLT) by extending the holding home exemption to those held under trusts and companies - previously only applying to individuals or vested beneficiaries. Read more in our article below, and reach out if you have any questions ✉

How High Are Connecticut’s Estate Tax Rates in 2024? #connecticut #connecticuthomes #connecticuthousing #connecticutrealestate #connecticutrealtor #realestate #realtor #realestateagent #home #housing

How High Are Connecticut’s Estate Tax Rates in 2024? #connecticut #connecticuthomes #connecticuthousing #connecticutrealestate #connecticutrealtor #realestate #realtor #home #housing

How High Are Connecticut’s Estate Tax Rates in 2024? #connecticut #connecticuthomes #connecticuthousing #connecticutrealestate #connecticutrealtor #realestate #realtor #realestateagent #home #housing

🏡 Reminder to anyone who owns a property in the City of Toronto - today (March 15th) is the deadline to declare your property's occupancy status! 🏡 No matter what your occupancy status is, all owners of Toronto properties are required to submit the declaration. If no declaration is made, the city will assume the property is vacant and therefore is subject to the Vacant Home Tax (trust us, you don't want this) 💰 While late declarations can me made, they're subject to a late fee and ongoing interest charges. The easiest solution is to just submit your declaration before the deadline - all you'll need is your Assessment Roll Number and your Customer Number (both of which can be found on your tax bill). With those, you can submit your declaration via the below link: https://lnkd.in/eWNkM25E #torontorealestate #realestatelawyer #ontariorealestate #vacanthometax #doormat

How High Are Connecticut’s Estate Tax Rates in 2024? #connecticut #connecticuthomes #connecticuthousing #connecticutrealestate #connecticutrealtor #realestate #realtor #realestateagent #home #housing

There are some conditions you must meet for your home to be considered your principal residence for tax purposes. For example, you must own it and primarily live there. If you’re planning on selling your home soon, let’s discuss the principal residence exemption and determine if you qualify.

There are some conditions you must meet for your home to be considered your principal residence for tax purposes. For example, you must own it and primarily live there. If you’re planning on selling your home soon, let’s discuss the principal residence exemption and determine if you qualify.

There are some conditions you must meet for your home to be considered your principal residence for tax purposes. For example, you must own it and primarily live there. If you’re planning on selling your home soon, let’s discuss the principal residence exemption and determine if you qualify.