New York City posts notice of new tax levy to pied-a-terre owners

By Nojoud Al Mallees (Bloomberg) — Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years. The consumer price index rose by 2.8% in June, Statistics Canada reported on Monday. That’s down from…

Also in Weekend Reads: The changing bond market, housing-market opportunities and advice from the Moneyist.

Inheritance tax planning is becoming increasingly important as pensions will fall into estates for inheritance tax (IHT) purposes from April 2027. As the government looks to cut off a typical avenue for transferring wealth, an estate planning tactic could boost your loved one’s pension pot while reducing inheritance tax liabilities. You could make use of…

A Park Slope townhouse with a private driveway and a two-car garage topped Brooklyn’s luxury market last week.  The home was one of 18 — nine condos, one co-op and eight single-family homes — asking at least $2 million to find a buyer, according to Compass’ weekly contracts report from July 13 to July 19….

Private equity firm Longpoint Partners has paid $38.8 million for a 121,579-square-foot industrial complex in Miami-Dade County. The property includes three warehouses, two totaling 94,500 square feet at 7200 Northwest 84th Avenue and the third spanning 27,079 square feet at 8251 Northwest 70th Street. All three are in Medley about half a mile west of…