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‘Snow White' cottage for sale

Donald Trump's former 'starter mansion' just had a 'yuge' drop in its asking price

Now that's a discount: A "starter mansion" once owned by Donald Trump has had a $9 million drop in its asking price.

ABC News reports that the Greenwich, Connecticut, home – Trump's first mansion – is now being offered for $45 million, down from $54 million in 2014.

>> PHOTOS: Asking price for Donald Trump's first mansion drops to $45 million

According to TopTenRealEstateDeals.com, Trump and his ex-wife, Ivana, bought the 5.8-acre property in 1982 for $4 million. Ivana, who received the estate in their 1991 divorce, sold it for $15 million in 1998.

>> Read more trending stories

The nearly 20,000-square-foot home and guest house have eight bedrooms, 13 bathrooms, a double grand staircase, a home theater and three staff apartments. The grounds also feature a putting green, tennis courts and a pool.

For more information, visit TopTenRealEstateDeals.com or Coldwell Banker.

>> Click here or scroll down to see some of the photos

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>> More photos here

Take a video tour of Tyler Perry's $25 million estate

Tyler Perry’s estate was listed for sale for $25 million last year and just sold for $17.5 million. 

>> Photos: Tyler Perry's $25 million home

The new owner is an "out-of-state buyer who got a good value," The Atlanta Journal-Constitution reported.

>> Read more trending stories  

"(It's) quite a deal for that volume of land in the most prestigious ZIP code in Atlanta. The land alone sold for $9 million back in 2005 when Tyler bought it," said Berkshire Hathaway HomeServices agent Tina Hunsicker, whose colleagues, Josh Reeves and Chase Mizell, marketed the property and closed the deal.  

Want a peek inside? Check out the video below.

<iframe width="390" height="219" src="https://www.youtube.com/embed/h1MeT5DJU20" frameborder="0" allowfullscreen></iframe>

The house from 'Purple Rain' is for sale for $127,000

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The two-story, 1,244-square-foot Minneapolis home looks relatively nondescript, but many fans recognize it as The Kid’s house in 1984's “Purple Rain,” late pop icon Prince’s semi-autobiographical film. 

>> Read more trending stories 

Built in 1913, the three-bedroom, two-bathroom home is listed for $127,789, according to Realtor.com, and was last sold in 2015 for $117,000.

Prince was found dead Thursday in his 9-acre, $10 million Paisley Park complex

There's no word on who will inherit Paisley Park or what will happen to the multimillion-dollar home and recording studio in Chanhassen, Minnesota, not far from Prince's hometown of Minneapolis.

Want to live at Disney World? Here's your chance

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Homes located just four miles from Disney World's Magic Kingdom are now available for purchase.

>> Read more trending stories  

Disney's Golden Oak community is the first-ever area and resort that is so close to the Florida theme parks. 

Single-family, custom-built homes range from 3,800- to-12,000-sqaure-feet and start at $2 million.

Golden Oak will feature nearly 1,000 acres of residential and commercial areas. Once completed, the gated community will have four neighborhoods made up of close to 300 homes, all with different themes. 

Most of the homes will feature old-world Mediterranean and Caribbean architecture. Parks and green areas feature "enchanting sculptures of the classic Disney movie characters," including Snow White and the seven dwarfs. Golfing areas and serene and water views are also on-site.

What's more, homeowners can also enjoy the amenities of a luxe hotel, including access to the services at the neighboring Four Seasons Resort, Disney Parks tickets, Extra Magic Hours benefit, park transportation, private, group activities and events and access to a private 17,000-square-foot clubhouse that features a dining room, bar, gaming area and pool. 

Read more here.

Tax break for manufacturers, back-to-school shoppers signed by Scott

The News Service of Florida contributed to this story.

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Complete legislative and political coverage, MyPalmBeachPost.com/politics

A back-to-school sales tax holiday and breaks for manufacturers and a host of other industries were included in legislation signed into law Wednesday by Governor Rick Scott.

Clothing, shoes and backpacks costing $60 or less will be exempt from the state’s 6 percent sales tax the weekend of Aug. 5-7, while school supplies costing $15 or less also will be tax-free.

The back-to-school break amounts to $28.7 million of the $129 million tax-break bill (HB 7099), with the biggest savings going to manufacturers. They’ll get to keep $73.1 million they would have paid in sales taxes on equipment purchases.

The elimination of the tax on manufacturing machinery and equipment is permanent, while the three-day sales tax holiday for school supplies is just for this year. It’s also scaled back from last year’s tax holiday, when shoppers got a 10-day holiday.

House Finance and Tax Chairman Matt Gaetz, R-Fort Walton Beach, touted the cuts, saying, “We have made the decision in Florida that we can grow our economy, meet the needs of our state and care for the vulnerable not by having more taxes, but by having more taxpayers. These tax cuts welcome new families, businesses, and visitors to our state each day.”

Other reductions included in the bill affect taxes paid on aviation fuel, asphalt and pear cider. It also affects taxes paid by fruit and vegetable packing houses and how the state levy on some tobacco products is calculated.

The bill signed by Scott was a central part of just over $400 million in tax breaks approved by lawmakers this year.

The biggest share of the reduction, however, will go to property taxpayers, with lawmakers having agreed to reduce taxes used to finance schools. That property tax cut was set in motion when Scott last month signed the state’s $82 billion budget for the year beginning July 1.

Scott’s fellow Republicans in the Legislature sharply scaled back a $1 billion tax-cut plan he sought, and also ignored his pitch for $250 million in economic incentives — which might explain why Scott’s signing of HB 7099 came with little flourish.

Scott held a ceremonial bill-signing as the undercard of his attendance of an announcement by Novolex — which makes plastic bags — that it’s expanding a manufacturing facility in Jacksonville.

In a release, the governor’s office noted that “during the announcement, Gov. Scott also ceremonially signed HB 7099.”

“This bill will not only give Florida families an important back-to-school sales tax holiday, but it will also permanently eliminate the sales tax on manufacturing machinery and equipment so companies like Novolex can invest more money in growing their business and creating new jobs,” Scott said in the release.

Scott had campaigned vigorously for his more expensive plan, running television ads, conducting a bus tour in January, and soliciting letters of support from dozens of city and county officials for the tax breaks and economic incentives that he cast as a blueprint for sparking the Florida economy and creating more jobs.

Lawmakers, however, were uneasy about the potential long-term impact of Scott’s plan on Florida’s financing. They also were skeptical of his approach.

Scott’s $1 billion in cuts were aimed almost exclusively at businesses. His bid for another $250 million in economic incentives also was dismissed by state lawmakers wary of handing the governor cash he could use to woo companies of his choice.

Instead, lawmakers tipped tax breaks more toward property owners.

The almost 6 percent reduction in the property tax that the state requires all school districts to collect for public schools — a portion called the “required local effort” — should mean a tax savings of $58 a year to the owner of a $250,000 home with a $50,000 homestead exemption.

That amounts to about $290 million of the $400 million in overall tax breaks passed by the Legislature this year. At the same time, lawmakers increased public school funding by $458 million, a 1 percent boost, by using other types of taxes and fees collected by the state.

“By reducing local millage rates we are ensuring that state tax dollars, rather than local property taxes, cover a larger share of the unprecedented K-12 per-student funding allocated this year in our budget,” said Senate President Andy Gardiner, R-Orlando.

Home allegedly stalked by eerie 'Watcher' back on market for $1.25M

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Six bedrooms. Four bathrooms. One stalker.

A colonial-style Westfield, New Jersey, home that made headlines after the current owners claimed someone who identified himself as "The Watcher" sent them creepy, anonymous letters is back on the market for $1.25 million, NJ.com reports.

According to USA Today, Derek and Maria Broaddus bought the house for $1.3 million in 2014, but the couple and their three children never moved in after supposedly receiving threatening letters from the so-called "Watcher."

>> See the Zillow listing for the home

"My grandfather watched the house in the 1920s and my father watched in the 1960s. It is now my time," one letter read, according to NBC News.

The writer also said, "Do you need to fill the house with the young blood I requested? Once I know their names I will draw them to me," NJ.com reports.

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The Broadduses tried to sell the house but failed. Last summer, the couple sued the previous owners, John and Andrea Woods, claiming that they knew about the stalker but kept quiet, according to The Associated Press and NJ.com. The Woodses denied the accusations, saying they did receive an anonymous letter but that it wasn't disturbing. They have filed a counterclaim against the Broadduses for causing them emotional distress.

Learn more here.

>> Take a video tour of the home

Trump’s former $95 million mansion to be torn down

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An oceanfront mansion Donald Trump sold to a Russian billionaire for $95 million in 2008 is going to be torn down.

The demolition of the estate, which was the largest single residential sale ever in Palm Beach, Florida, was approved this week.

>> PHOTOS: Former Trump estate

Long before he became the 2016 Republican presidential front-runner, Trump purchased the mansion in 2004 at a foreclosure auction for $41.4 million. He then renovated the property before selling it to fertilizer mogul Dmitry Rybolovlev in July 2008, five months before the Great Recession hit Palm Beach.

The Architectural Commission green-lighted the demolition in a 4-3 vote.

Commissioners were not given specifics about what is being planned at the property, which measures 6 acres with 475 feet of oceanfront views.

But sources familiar with the estate told Palm Beach Daily News that it may be subdivided and redeveloped into two or three houses.

The main house encompasses about 62,000 square feet. Outbuildings bring the total square footage to 81,738, according to property records.

>> Read more trending stories  

Landscape architect Lynn Bender told the board that once the demolition was complete, the lot would be resodded until plans for it were finalized. Only the perimeter walls, fences, access gates, columns and small portion of main entry driveway will be retained. A fountain at the main entrance also will be removed.

Known as Maison de L’Amitie, the estate was the longtime home of the late health care magnate Abe Gosman, who lost it in foreclosure. Gosman died in 2013.

Over the past several years, the estate was among the disputed assets in contentious divorce proceedings, stemming from 2009, between Rybolovlev and his ex-wife, Elena. Last June, a Swiss judge reduced her $4.8 billion payout to about $604 million, but the couple reportedly settled for an undisclosed amount said to be close to $1 billion. Details were also not disclosed about whether ownership of the house had changed.

Commissioners discussed the project for about 25 minutes Wednesday. Newly-elected chairman Richard Sammons recused himself from the agenda item because of conflict, although he did not provide specifics as to why.

Anthony Mauro, of Mauro Brothers LLC, spoke on behalf of the owner’s representatives at the meeting.

A carriage house built in the 1930s is the oldest building on the property. The French provincial-style main house, finished by Gosman in 1988, has one story and a basement. “The house is in relatively good shape,” Mauro said.

Commissioner Michael Small said he was given a tour. “It truly is an exquisite property,” he said.

Mauro said there are a number of people interested in buying it.

Vice Chairwoman Ann Vanneck voted against the demolition. After the vote she explained that in demolition cases, commissioners usually are given an itemized list of trees that will be affected by the demolition with corresponding photos. Applicants typically include a notation for each plant listed as to whether plans call for it will be left in place, relocated or removed.

Florida mega-mansion Le Palais Royal hits market again for $159M

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A massive Florida mansion dubbed Le Palais Royal is back on the market for a whopping $159 million.

According to Forbes, the 60,500-square-foot Hillsboro Beach home is the second highest-priced listing in the nation, behind the $195 million Gemini compound in ManalapanThe Palm Beach Post reported in September 2014 that the 4 1/2-acre property includes an 11-bedroom, 17-bathroom main house; 465 feet of ocean front; a 492-foot dock that can accommodate a 185-foot yacht; and an underground garage with parking for more than 30 cars. It also boasts the first-ever IMAX Theater contracted for private use, featuring a 50- by 27-foot screen and seating for 18.

>> PREVIOUS STORY: $139M Florida mansion becomes most expensive listing in U.S.

>> PHOTOS: Florida mansion Le Palais Royal relisted for $159M

>> Read more trending stories

The Palace of Versailles-inspired estate was originally offered for $139 million last year but was taken off the market, the Wall Street Journal reports. Project manager Joseph Leone, who has been working on the home for seven years, told WSJ that the owner, Middlesex Corp. founder Robert Pereira, decided to hold off on listing the property until the main house was nearly complete. Pereira also is building two guest houses on a smaller adjacent lot that will include an underground entertainment center with a go-kart course, ice-skating rink, bowling alley and nightclub, Leone said.

The new listing agent is Mayi de la Vega of One Sotheby's International Realty. 

>> Click here to see photos of the home

One of America’s priciest residences, $159 million,  is now listed by One Sotheby's International Realty.  The Wall Street Journal has the scoop: http://on.wsj.com/1PCNrogPosted by One Sotheby's International Realty on Wednesday, November 11, 2015

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