How the Pandemic Transformed the Luxury Real Estate Market

02/06/2025 12 min Episodio 11
How the Pandemic Transformed the Luxury Real Estate Market

Listen "How the Pandemic Transformed the Luxury Real Estate Market"

Episode Synopsis

Episode Summary:
In this informative episode, host Abigail Vaca and property tax attorney Nora Devine discuss vacancy relief for Illinois property owners. Nora explains what vacancy relief is, who qualifies, common pitfalls, and best practices for property owners seeking this tax break. The episode covers important insights about the application process, documentation requirements, and strategic considerations for property owners dealing with vacant properties.
 
Key Timestamps:
00:00 - Introduction
00:33 - What is vacancy relief and its intended purpose
02:39 - Types of properties that qualify for vacancy relief
05:43 - Initial steps for property owners seeking vacancy relief
07:06 - Filing requirements and administrative considerations
08:16 - Common reasons for application denials
09:31 - Misconceptions about vacancy relief
11:16 - Effective strategies for property owners
 
About the Show:
Devine Intervention features Nora Devine, a property tax attorney with extensive experience since 2005, offering expert insights on Illinois property tax matters. The show provides valuable information for property owners, real estate professionals, and anyone interested in understanding Illinois property tax systems and relief programs.

More episodes of the podcast Devine Intervention: Shedding Light on Illinois Property Tax