Category

Real Estate
In 2013, capital gains tax rates are scheduled to increase to 20%, up from the current rate of 15%.  In addition, the so-called “Medicare surtax” of 3.8% will be assessed against net investment income, which will include taxable gains on the sale of “passive” investment real estate.  Due to this anticipated increase in tax rates,...
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The Indiana Department of Local Government Finance (“Department”) completed its statewide, general reassessment of all real property in Indiana on March 1, 2012. This reassessment, the first since March 1, 2002, will have a significant impact on the assessed value of real property in Indiana through its influence on assessor cost tables and individual counties’...
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