Owners of vacant homes may want to consider the ‘exit tax’ before selling
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Source: New York Post
Published: 2026-05-06 06:46 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Tax & Budget, Property & Housing, Business & Economy
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Snippet:
In a normal market, an empty home is a wasting asset: Equity sits trapped, no rent comes in, and the owner keeps paying property taxes, insurance, maintenance, utilities, and fees.
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