Notwithstanding the global economic crisis, for many investing in property, or ?bricks and mortar' as we say in Italian, has been until now one of the most attractive forms of investment, especially in Italy. In our countryside, as well in the historical centers of our beautiful region, it is still possible to find good deals to convert old farmhouses into international businesses, like agritourisms or holiday houses. At least it was until more recently. Among the initiatives of the Monti government to generate additional revenue is one of the most disliked taxes in Italy: property tax. Called IMU (?Imposta municipale unica'), this levy affects anyone who resides in and owns a real estate property (such as an apartment, villa, commercial space, garage, agricultural lands, and so forth) in Italy. With a few exceptions, such as public and religious buildings, any kind of property is subject to this newly reintroduced levy on property, which replaces the former ICI property tax that the Berlusconi government eliminated. The tax is calculated based on a percentage of the value of each property, and it will be collected by the municipality in which the property is located, with part of the tax also going to the national government.