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A flip tax is a fee paid by a seller or buyer on a housing co-op transaction, typically in New York City.It is not a tax and is not deductible as a property tax.It is a transfer fee, payable upon the sale of an apartment to the co-op.
The state treasurer of Michigan functions as the chief financial officer for the U.S. state of Michigan.The state treasurer oversees the collection, investment, and disbursement of all state monies, and also administers major tax laws, safeguards the credit of the state, and distributes revenue sharing monies to local units of government.
Cooperative corporations are formed to provide some mutual benefit for their members, and because of this, the Congress of the United States beginning in 1951 has allowed them a deduction from their income for "patronage dividends."
In the state and territorial governments of the United States, 54 of the 56 states and territories have the executive position of treasurer. New York abolished the office of New York State Treasurer in 1926, in which the duties were transferred to the New York State Comptroller .
Nick A. Khouri (born c. 1957) is an American economic advisor who served as the 46th Treasurer of Michigan from 2015 to 2018, during the administration of Governor Rick Snyder. Early life and education
Under this law, the city of New York is able to sell buildings directly to tenant or community groups to provide low-income housing. Many HDFCs were created through a process of co-op conversion of a foreclosed, city-owned property. As of 2008, over 1,000 HDFC cooperatives have been developed in the city.
The Michigan Supreme Court in 2020 said counties can't keep profit from tax foreclosed properties. ... the state of Michigan foreclosed Lynette Hathon and Amy Jo Denkins’ property in 2018 for ...
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