Illinois Realtors raises $1M war chest to fight Chicago tax hike

Chicago voters are set to decide whether to quadruple the tax buyers pay on residential and commercial properties in the city. Illinois Realtors plans to lead the fight. Continue reading

Chicago landlord, business groups sue to block transfer tax hike

Voters are set to decide whether to increase the tax paid on real estate sales above $1M. Landlords and business groups say referendum violates the state constitution. Continue reading

Real estate transfer tax hikes create headaches for mortgage lenders

Federal regulations provide “zero tolerance” for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns. Continue reading