Europe’s smallest non-theocratic micro-state, Monaco, has no property taxes. However, like nearby Liechtenstein, be ready to pay. Monaco’s glistening shoreline and luxurious homes are a major goal of many high-achieving entrepreneurs, and legally avoiding property taxes helps make property ownership here even more attractive.
“This small European country (Monaco) is gaining popularity among real estate investors with its 0% property tax policy and breathtaking views.”
If you wish to rent out your Monaco property, there is a 1% tax, although it is payable by the tenant. Overall, Monaco maintains its important place among the list of countries with no property taxes — making it a continued favorite playground for the wealthy.
With the United States real estate corporate default rate likely to rise, a growing number of investors may be wondering what they should do if their real estate bond issuer is unable to repay its debts. Unfortunately, the answer isn’t always straightforward. There are, however, several things real estate corporate bond investors should know regarding real estate corporate bonds (and corporate bonds from companies in other industries besides real estate).
Reasons leading to a real estate corporate bond default may differ and can affect the restructuring and repayment process. What real estate corporate bond holders receive after the default and when they receive their payment can vary significantly. Recovery proceeds may come in different forms, including as a newly issued real estate corporate bond, cash, real estate investment trust stock, or some combination of the three, and the process can take anywhere from a few months to several years. Below we will discuss what investors need to know when a corporate bond they own defaults.
Mall Stocks For Real Estate Investors. Image Courtesy Of ZARZAR FASHION.
Why Invest In Real Estate Investment Trusts (REITs)?
The REIT approach to real estate investment offers a number of benefits to investment portfolios, including a history of competitive performance, liquidity, dividend-based income, diversification and transparency. REITs are total return investments. REITs are required by law to distribute each year to their shareholders at least 90 percent of their taxable income. Thus, REITs tend to historically be among those companies paying the highest dividends. The dividends come primarily from the relatively stable and predictable stream of contractual rents paid by the tenants who occupy the REIT’s properties.
Tanger Factory Outlet Centers, Inc. (SKT)
Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 39 upscale outlet shopping centers.
Tanger’s operating properties are located in 20 states and in Canada, totaling approximately 14.3 million square feet, leased to over 2,900 stores which are operated by more than 510 different brand name companies. The Company has more than 38 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 181 million shoppers annually.
Simon Property Group is a global leader in retail real estate ownership, management and development and an S&P 100 company. The REIT’s industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales.
Macerich, an S&P 500 company, is one of the country’s leading owners, operators and developers of major retail real estate. Its unparalleled portfolio comprises trophy properties in the most desirable, densely populated and highest-barrier-to-entry U.S. markets.
Blake Lively is a famous American actress known for her role as Serena van der Woodsen on the show Gossip Girl (2007-2012), as well as films like Green Lantern (2011) and A Simple Favor (2018).
Famous American actress Blake Lively was born on August 25, 1987 in Los Angeles, southern California. Actress Blake Lively became well known during her junior year of high school when she landed a major acting role in the 2005 blockbuster “chick flick” film The Sisterhood of the Traveling Pants. Two years later, actress Blake Lively landed her most famous acting role to date on the CW’s hit teen drama television show Gossip Girl (2007-2012). Since Gossip Girl ended in 2012, Blake Lively has starred in films such as The Age of Adaline (2015), The Shallows (2016), and A Simple Favor (2018). Actress Blake Lively married famous actor Ryan Reynolds in 2012 and together they have 3 beautiful children.
Above: Beautiful Actress Elle Fanning Modeling & Acting Career.
Mary Elle Fanning (born on April 9, 1998) is an American actress and model. As the younger sister of famous actress Dakota Fanning, Elle Fanning made her film debut as the younger version of her sister’s character in the drama film I Am Sam (2001). As a child actress, Elle Fanning appeared in a string of films including Because of Winn-Dixie (2005), Babel (2006), Phoebe in Wonderland (2008), and Somewhere (2010).
Actress Elle Fanning’s acting breakthrough came in 2011 with her starring role in J. J. Abrams’ science fiction film Super 8, for which her acting performance was praised by critics and earned her a Spotlight Award at the Hollywood Film Festival. In the wake of this acting success, young actress Elle Fanning had leading acting roles in the films We Bought A Zoo (2011) and Ginger & Rosa (2012). Actress Elle Fanning portrayed Disney’s Princess Aurora in the beautiful Disney films Maleficent (2014) and Maleficent: Mistress Of Evil (2019).
In recent years, American actress Elle Fanning has made a transition into independent cinema with lead and supporting acting roles in films such as 3 Generations (2015), The Neon Demon (2016), 20th Century Women (2016), Mary Shelley (2017), The Beguiled (2017), I Think We’re Alone Now (2018), Galveston (2018), and Teen Spirit (2018).
Above: Beautiful Actress Deborah Ann Woll Modeling & Acting Career.
Deborah Ann Woll (born on February 7, 1985) is an American actress. Actress Deborah Ann Woll is best known for her roles as the vampire Jessica Hamby on the HBO drama series True Blood (2008–2014) and Karen Page in the Netflix television shows Daredevil (2015–2018), The Defenders (2017), and The Punisher (2017–2019). Deborah Ann Woll has also acted in the films Mother’s Day (2010), Someday This Pain Will Be Useful To You (2011), Catch .44 (2011), Ruby Sparks (2012), Meet Me In Montenegro (2014), and The Automatic Hate (2015).
