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re: Blackrock will own 70% of Homes in 6 years. We will own nothing.

Posted on 10/22/23 at 1:07 am to
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 10/22/23 at 1:07 am to
quote:

Do you even homestead exemption bro?



Why is this board do intentionally obtuse?

Besides, this board doesn't see tax credits or breaks for select industries or businesses as a cost. Homestead exemption is a tax break.

1% for non-primary residences.

Another 1% for institutional ownerships.

Another 1% if owned by a foreign entity or a foreign national.
Posted by Powerman
Member since Jan 2004
162289 posts
Posted on 10/22/23 at 1:30 am to
quote:



Why is this board do intentionally obtuse?

Besides, this board doesn't see tax credits or breaks for select industries or businesses as a cost. Homestead exemption is a tax break.

1% for non-primary residences.

Another 1% for institutional ownerships.

Another 1% if owned by a foreign entity or a foreign national.


These things are decided at the state and local level

And in most if not all states you need to occupy the home to qualify for a homestead exemption
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