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A proposal in the state Senate would increase California's renters' tax credit from $60 to $500 for eligible single tax filers, and more for those who are married or are single with dependents.
Like taxes applied to profits from stock and sales of other assets, home sales yielding profits less than $500,000 have been exempt from federal capital gains taxes since 1997.
Major new construction projects have been completed in the Reno and Sparks areas. A few new luxury communities were built in Truckee, California, about 28 miles (45 km) west of Reno on Interstate 80. Reno also is an outdoor recreation destination, due to its proximity to the Sierra Nevada, Lake Tahoe, and numerous ski resorts in the region. [28]
The Reno–Sparks Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties in Western Nevada, anchored by the cities of Reno and Sparks. As of the 2020 census , the MSA had a population of 490,596.
Lockwood is an unincorporated community on the northern edge of Storey County, Nevada, United States, [1] about 10 miles (16 km) east of Reno and Sparks. Lockwood is part of the Reno-Sparks Metropolitan Area .
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He founded Rhodes Homes in 1985 and has developed various housing projects in the Las Vegas Valley, including the golf course communities Rhodes Ranch and Tuscany Village. In the 2000s, he was a well-known philanthropist in Las Vegas. In 2008, he formed Harmony Homes and began buying distressed properties during the Great Recession.
Gov. Gavin Newsom unveiled plans over the weekend to raise the cap on California's film and TV tax credit program. Will it save Hollywood from ruin?