Category Archives: Taxes

A Man Lives in 2 Tiny Houses on a Private Island in Florida

In 2017, Tim Davidson was given 60 days to move out of his family’s vacation home in Florida.

Davidson had been living in the vacation home in Sarasota, Florida, for about a year when his family decided it was finally time for him to get a place of his own.

Initially, Davidson considered buying a traditional-size home.

While he was house hunting, he realized that a large home meant unused space, unnecessary belongings, more taxes, and more money.

Davidson just wanted the necessities: a bedroom, living area, small kitchen, and access to the outdoors.

A tiny home felt like a perfect solution.

BrownieBytes has a question: If he’s on an island, why didn’t he position the houses so he has a water view? Very odd fellow…

— Read on www.insider.com/man-lives-two-tiny-homes-private-island-florida-2021-3

Homebuyers Are Heading to Florida During Covid, but Nearly as Many Are Moving Out – WSJ

By Candace Taylor

Thanks to hurricanes, heat and red-hot home prices, the state’s population growth hit its lowest rate since 2014 during the pandemic.

David Gewirtz never got used to the heat, even after 15 years in Florida.

Still, Mr. Gewirtz, who grew up in New Jersey, and his wife, Denise Amrich, liked their adopted hometown of Palm Bay, Fla., and probably would have stayed if it weren’t for the “brutal” hurricanes.

“Staring at those tracker maps for weeks before a hurricane hits starts to create a stress level,” said Mr. Gewirtz, a technology columnist in his early 50s. “It’s three weeks of wondering whether you’re going to have a house at the end.”

The couple evacuated their home in the path of 2017’s Hurricane Irma, kept driving until they got to Oregon and decided to stay.

— Read on www.wsj.com/articles/people-moving-to-florida-during-covid-11615463911

Small American Cities are Making Attractive Offers to Lure Tech Workers Away from the Metros

Fayetteville, Arkansas

Cities in North-West Arkansas are making offers to workers in New York and Los Angeles that’re simply too good to pass. Incentives including cash bonuses, free mountain bikes and year-long discounted rent prices.

Are you ready to move out of the big metro areas and why?

The Truth Behind Italy’s $1 Homes in Picturesque Rural Towns

Starting in early 2019, 20 towns across Italy began selling homes for €1, or about $1.10.

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Local governments hope the plan will attract fresh faces and new businesses to towns that have been suffering from rapid depopulation and a growing number of abandoned homes for decades. But the true cost of these homes turn out to be much higher than $1.

Business Insider video feature story describes the depopulation problem in rural Italian towns and what small town governments are trying to do about it.

Interesting concept and marketing program. Hint: taxes, fees, and renovation costs amount to a lot more than a $1.

Some people will get an interest payment from the IRS in 2020. Find out if you’re one of them – CNET

The feds will pay interest on some tax refunds — but there’s a catch.
— Read on www.cnet.com/personal-finance/some-people-will-get-an-interest-payment-from-the-irs-in-2020-find-out-if-youre-one-of-them/

France approves digital tax plan despite warnings by the Trump administration | One America News Network

Breaking News, Latest News and Current News from OANN.com. Breaking news and video. Latest Current News: U.S., World, Entertainment, Health, Business, Technology, Politics, Sports.
— Read on www.oann.com/france-approves-digital-tax-plan-despite-warnings-by-the-trump-administration/

Uber’s flying taxi will slash your commute by 2023 | TechRadar

The electric passenger drone will cruise at up to 150mph, and should eventually be cheaper than making trips by car.
— Read on www.techradar.com/news/ubers-flying-taxi-will-slash-your-commute-by-2023

401k Contribution Limit Increases to $19,000 for 2019; IRA Limit Increases to $6,000

#401k contribution limit increases to $19,000 for 2019; #IRA limit increases to $6,000. @IRS announcement. #RetirementPlanning #RetirementFunds #IRS #taxes
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