Since its appraised value is over $1 million, the iconic Italian beef stand would incur significantly higher transfer taxes in a sale if Mayor Brandon Johnson’s proposed “mansion tax” passes next year.
Source: Inman News
Mr. Beef is a mansion? Under Chicago’s proposed tax, yes
Published in chicago, Chicago mansion tax, Chicago transfer tax, hulu, luxury, luxury lens, Markets & Economy, Mayor Brandon Johnson, Mr. Beef, Select and The Bear
More from chicagoMore posts in chicago »
More from Chicago mansion taxMore posts in Chicago mansion tax »
More from Chicago transfer taxMore posts in Chicago transfer tax »
- In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat
- Illinois Supreme Court says Chicago tax hike can move ahead
- Appeals court rules Chicago transfer tax hike can move ahead
- Judge rules proposed Chicago transfer tax hike is invalid
- Chicago landlord, business groups sue to block transfer tax hike
More from huluMore posts in hulu »
More from luxuryMore posts in luxury »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
More from luxury lensMore posts in luxury lens »
- Alexander brothers denied motion to dismiss sex-trafficking charges
- Inman is celebrating 30 years of community, and you’re invited
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
- Jason Oppenheim: ‘Epic’ real estate + big drama makes new ‘Selling the OC’ season the best yet
- ‘Selling the OC’ drops today. Get to know the agents
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from Mayor Brandon JohnsonMore posts in Mayor Brandon Johnson »
More from SelectMore posts in Select »
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
Be First to Comment