‘Ensure The Elderly Can Never Have Their Homes Taken Away.’ X Users React.
From Yahoo Finance: 2025-05-09 19:39:00
Real estate mogul Grant Cardone proposed canceling property taxes for seniors over 65, sparking debate. Critics argue removing taxes can impact public services and industries. States must decide how to make up for lost revenue, potentially leading to increased income or property taxes. This move could provide financial stability for seniors but raises questions about funding sources and potential consequences. Arrived paid out over $1 million in dividends last quarter and offers a growing selection of properties for investors looking to diversify their real estate portfolio. In October 2024, Arrived sold The Centennial, achieving a total return of 34.7%. The company aims to deliver similar value through careful market selection, property management, and sales timing. Looking for fractional real estate investment opportunities? Check out Benzinga Real Estate Screener for the latest offerings. Grant Cardone advocates for no property taxes for those over 65 to ensure the elderly can keep their homes.
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