Well, it looks like I’m going back to school. To become an appraiser – something I’ve already been doing for years! Why? Well, in any field, I believe it’s important to make sure that you’re not just doing the same thing year after year. You have to keep your ear to the ground and stay in touch with changes not just as they happen, but before they happen. So even though I’ve been a real estate appraiser and tax attorney for over ten
Despite the scary headlines all over the world, it’s usually pretty quiet here in Israel. But occasionally, especially in the south, things can heat up. Like while I was recently teaching a real estate appraisal and taxation course at the Ashkelon Academic College, 12 km (7.5 miles) from the Gaza border… and things suddenly started escalating, with serious rocket fire and near-misses very close to the college. I didn’t hesitate to show up for class, knowing my students – future real
The word on everybody’s lips these days when it comes to tokenization is valuation. And with good reason. Investors are wary these days and want to be sure they’re backing a solid asset, while asset owners want to ensure fair valuation so they can leverage their property to the greatest benefit. When we’re talking about turning a real-estate asset into a token, there are two ways that valuation comes into play. First is valuation of the underlying property, which is essential
An agricultural estate transaction is usually more complex than an ordinary land transactions, since a person who owns an agricultural estate holds several different rights to which he sells to the buyer – each of these rights has a different tax impact. For inheritance, it is customary to divide the bundle of rights into five separate rights entities: The residences and/or existing residential buildings on the estate. Remaining residential building rights. Remaining residential plots that allow for the establishment of non-agricultural business activities (e.g.,
For immigrants who arrive as part of a “Group Aliya Flight,” a flight that takes place every six months or a year, something as small as a delayed flight can cause them to lose between tens of thousands and hundreds of thousands of shekels. All due to land taxation regulations that are not suitable for modern times. The Real Estate Taxation regulation, which was legislated in 1974, is unsuited to modern immigration to Israel, and causes many immigrants to lose
Is there an obligation to report? Should an attorney be consulted in Israel or abroad? What follows is a guide to overseas real estate investments – a professional article. At the end of the summer, like most Israelis, we vacation abroad. This time we chose to take the kids on a trip to Poland, the green country. On the flight I sat separately from my wife and kids, and sat in the same row but on the other side of the
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