United States: Property Taxes

A recent Sixth Circuit decision examines whether property owners are entitled to surplus proceeds when their homes are sold at tax foreclosure auctions for amounts exceeding the underlying tax debt. The case raises fundamental questions about how just compensation should be measured under the Fifth Amendment—specifically whether delinquent taxpayers should receive the fair market value of their property or merely the discounted auction price realized at a forced sale.

For Oklahoma business owners seeking to acquire commercial real estate or long-life equipment, the SBA 504 Loan Program offers fixed-rate financing with as little as 10% down and terms extending up to 25 years.

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

As we approach April Fools' Day 2026, commercial property owners in Nassau County are faced with a much less entertaining deadline on April 1st – the requirement to submit their Annual Statement...

New York enacted legislation on Dec. 5, 2025 that allows taxing jurisdictions throughout the State of New York to offer an expanded real property tax exemption to persons over the age of 65.

The Tax Cuts and Jobs Act of 2017 designates certain low-income community population census tracts as qualified opportunity zones and creates tax incentives for those with capital gains...

Critical tax appeal deadlines are quickly approaching, and commercial property owners need to be prepared to file tax appeals for 2026 or defend against increase cases to get much needed property tax relief.

In February 2025, Governor Ron DeSantis publicly announced his desire that the state consider amending its Constitution, initially, to abolish property taxes.

The most important development of 2025 in the tax world was the passage of the OBBBA in July. The OBBBA permanently restored 100% bonus depreciation for eligible business property acquired after January 19, 2025...