top of page
Search
  • Metro East REIA

Buyers Fleeing High-Tax States Flocking to Puerto Rico

The Wall Street Journal (reposted on Realtor.com) says lower taxes are among the reasons why wealthy buyers from high-tax states like California & New York are buying homes in Puerto Rico where luxury developers are reporting that business is brisk.  According to the WSJ, sales of Puerto Rican luxury houses and condominiums have been spiking during the Coronavirus pandemic with developers reporting increasing sales volume & prices compared with 2019. Continue reading HERE...

0 views0 comments

Recent Posts

See All

Are You Making Estimated Payments?

The United States has a “pay as you go” tax system in which payments for income tax (and, where applicable, Social Security and Medicare taxes) must be made to the IRS throughout the year as income is

Seller Finance Coalition (SFC) Update

As you may recall, the Affordable Homeownership Access Act (HR 3464) seeks to provide working families with another access point to the home buying process by providing relief to individuals and small

bottom of page