Island Realty Luxury Homes

New Statewide Property Tax and 13% Private Home Rental Tax Proposed to Start July 1, 2015

by Elaine Infantolino 27. March 2015 07:37

Article 11 of the budget that was recently proposed by Governor Raimondo would create a new statewide property tax. If the Rhode Island General Assembly votes to approve this tax, it would apply, for now, to all non-owner occupied homes, smaller multi-units, mobile homes, condominiums, and vacant land valued at $1 million or more. But the tax can be changed at anytime to apply to owner-occupied homes of any value, including yours. The budget also proposes a 13% private home rental tax on short-term rentals of 30 days or less. The proposal would treat homes, cottages, condos and any properties like hotels by requiring the owners to collect hotel and sales tax on each rental. There’s still time to stop both of these taxes from going into effect.

Click on the links below to read more.
>Tax on Non-Owner Occupied $1 million+ Properties
>13% Tax on Short Term Private Home Rentals

 

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Island Realty Spring Newsletter

by Elaine Infantolino 20. March 2015 09:33

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WELCOME New Sales Associate Michael Dym

by Elaine Infantolino 4. March 2015 05:57

Michael Dym
Mdym@islandrealtyri.com
401-871-4812 

I have been fortunate to have a long and prosperous career in real estate. Before falling in love with magical Jamestown, I practiced real estate law in Manhattan. I have helped purchasers and sellers close thousands of homes. My professional career has been dedicated to real estate with one notable exception as an art auctioneer and appraiser, fine art being my other passion.

I have a BA from Bucknell University and a JD from New York Law.  I have served on the adjunct faculty of NYU’s Real Estate Institute, Pratt Institute and the New York Real Estate Institute, where I lectured and taught real estate licensing courses, business law and real estate broker continuing education.

When I'm not doing real estate, Contemporary art and artist book collecting are some of my longtime passions.  I support small-scale local farming and there’s nothing more enjoyable for me than being in and among the enchanting seascapes of Jamestown.  

 

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VIDEO: A Winter's Day In Jamestown

by Elaine Infantolino 25. February 2015 04:57

A winter's day in Jamestown. It's frigid, it's icy, it's windy, but there's something beautiful about it too. One thing is for sure, it makes today look like spring! Video by Onne von der Wal.

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Island Realty Market Share 2014

by Elaine Infantolino 19. January 2015 09:54

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Happy Holidays From Us All!

by Virginia Prichett 22. December 2014 08:10

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Jamestown 1st Day Plunge - Do You DARE?

by Virginia Prichett 22. December 2014 07:52

The 2015 Jamestown 1st Day Plunge - New Year's Day
11am at East Ferry 

Encourage friends to pledge your brave plunge into the icy cold water of Narragansett Bay. Bring your completed pledge sheet to the Recreation Center the morning of plunge and you'll receive a 2015 Jamestown 1st Day Plunge t-shirt! Click here for information.

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Answers To Our 'Look Carefully' Contest Revealed!

by Virginia Prichett 19. December 2014 06:42

1. Beavertail Restrooms
2. Conanicut Battery
3. Birdhouse at Godena Farm
4. Jamestown Golf Course carts
5. Top of Bay Voyage
6. Jamestown Library
7. Corner of Narragansett Ave. & North Main Road - Stone monument
8. Jamestown Arts Center sign

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No Rain Can Dampen Our Holiday Spirit!

by Elaine Infantolino 8. December 2014 06:19

Some pics from the Jamestown Christmas tree lighting on Saturday. It took place in the rec center due to rain, but everyone still had a great time together! We gave out glow necklaces as always, and enjoyed lots of yummy treats & cider.


Elaine, Dianne, Carol, Becca & Joyce (left); Petra (right)

     


Dianne with Willa & Jade

  

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The Island Realty Fall Newsletter - Contest Inside!

by Elaine Infantolino 31. October 2014 09:07

Click on the cover below to read the full version.

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