United States: Property Taxes

New York City's newly enacted pied-à-terre tax introduces significant compliance obligations for owners of high-value non-primary residences and cooperative boards beginning July 2026. The tax applies to properties valued at $5 million or more for single-family homes and $1 million or more for co-ops and condos, with rates varying based on property type and assessed value.

An easement is a nonpossessory right to use or enjoy someone else’s land. In other words, an easement grants the holder a limited privilege to perform certain acts on someone else’s land without owning that land.

In late May 2026, proponents of two San Francisco tax measures – one local parcel tax and one multi-county sales tax increase – announced they had gathered sufficient signatures to qualify for the Nov. 3, 2026, ballot.

New York State's legislature is set to approve a groundbreaking annual tax on second homes in New York City valued over $5 million, marking a significant shift in how jurisdictions target wealth tied to real property. The pied-à-terre tax, expected to generate approximately $500 million annually starting July 1, 2026, will affect an estimated 10,000 properties owned by nonresidents who maintain luxury residences in the city.

Global families investing in U.S. real estate face critical tax structuring decisions at acquisition that can either preserve wealth or create decades of avoidable exposure. How should international investors structure their U.S. property purchases to minimize estate tax, FIRPTA obligations, and state tax compliance issues before closing the deal?

On May 26, Governor DeSantis released his property tax reform plan and signed a proclamation for a sixth Legislative Special Session. While the text of the Governor’s planned Constitutional Amendment has not yet been released, the details outlined in his press conference today include the following...

Seller financing offers an alternative path to homeownership for buyers who struggle to meet conventional lending requirements, providing flexibility for both parties while potentially avoiding broker fees. However, these transactions require careful legal documentation including loan agreements, promissory notes, and deeds of trust to prevent adverse consequences. A real estate attorney can guide buyers and sellers through the complexities of seller-financed deals, from drafting paperwork to addressing tit

On 30 April 2026, the Pennsylvania Supreme Court (the Court) issued its long-awaited decision in Borough of West Chester v. Pa. State System of Higher Education & West Chester University.

The District of Columbia's proposed FY 2027 Budget Support Act introduces three major economic development tools that could reshape real estate financing in the region.