A series of strategies for tax-wise investors. Table of Contents. Entrepreneurs (Photo by Tom Munnecke) Getty Images To help entrepreneurs, Congress has granted a tax exemption on capital gains from small companies. Small here is defined as having no more than $50 million in assets when an investor buys in. The deal is codified in
Managing Partner, Capital Markets at PIA Residential. getty Cap rates are more formally known as asset capitalization rates and are important for commercial real estate analysis. I’d like to shed a light on cap rates — and the way they are used and manipulated. Cap rates contain both positive and negative qualities, and while they can
Moviegoers wear face masks in a screening hall at a cinema almost six months after its closure due to the coronavirus pandemic on July 24, 2020 in Beijing, China. China News Service | China News Service | Getty Images In a year marred by a deadly global pandemic, Japan’s box office set a new record.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew Harrer | Bloomberg | Getty Images JPMorgan Chase and Citigroup were among the first major financial firms to say they will pause political action committee
Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Source: Rachel Bozarth Rachael Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of January. “I need to retrain
UNDATED FILE PHOTO: Country singer and songwriter Johnny Paycheck (C) holds a teamsters union sign … [+] while joining a group of striking bookbinders in this photo from 1977. (Photo by Getty Images) Getty Images Do you have enough money to tell your boss, as singer Johnny Paycheck would say, “Take this Job and Shove
A series of strategies for tax-wise investors. Table of Contents 529 getty Earnings on a college savings account escape income tax if withdrawals are used for the right purposes (including tuition, room and board). There is also an estate-tax angle: A grandparent can preclaim five years of gift tax exclusion to park $75,000 per youngster
Clinton Kelly is HGTV’s newest host. Getty Images HGTV’s newest show has an extra dose of style and a whole lot of inspiration. Self-Made Mansions, which premiers January 8th at 8:00 pm features lifestyle expert and former co-host of ABC’s The Chew and TLC’s What Not To Wear Clinton Kelly helping to guide entrepreneurs in their search for the perfect home.
Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp their businesses and respond to
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla remains on watch after rising for 10 sessions in a row, surpassing Facebook (FB) in market value, and making CEO Elon Musk the world’s richest person. The company’s shares rose 3.8% in premarket trading as of 7:35 a.m. ET.
A Southwest Airlines Boeing 737 passenger jet Robert Alexander/Getty Images Wall Street is calling for recovery, reflation and rotation this year amid continued accommodative monetary and fiscal policy, according to analysts. Among the bulls, strategists from J.P. Morgan estimate that the S&P 500 could reach 4,400, with a range of 4,200 to 4,600. “Global growth
Taking a trip? Not likely right now. With tourism at a near standstill, making a long-term commitment to an annual vacation spot may have seemed like a better idea before a global pandemic restricted travel and caused a sudden spike in unemployment, leaving many Americans with less disposable income. Now some owners of timeshares, who
Yellow paper with text 2021 tax laws,concept getty Plan Now With the results of the Georgia runoff election in the Democrats Control the House, the Senate and the White House. So, the potential for harsh tax legislation increasing taxation of the wealthy, along the lines of prior Democratic proposals, might be likely to happen. What
Economic Security Planning, Inc. Today’s column addresses questions about taking retirement benefits early before switching to spousal benefits at full retirement age, whether or not to notify Social Security about a change in projected income and when widow’s benefits can be started. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Arijiju, a lavish private estate on the Borana Conservancy in central Kenya’s Laikipia region. Dook Vacation real estate, including swanky villas and lavish homes, has long been a favorite of the rich and famous that want to steer clear of the paparazzi or other guests entirely. During Covid-19 times, when people are working from home,
A person wearing a protective mask stands near a “Store Closing” sign outside a retail store in New York City. Noam Galai | Getty Images Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21
In this photo illustration, visual representations of the digital cryptocurrency, Bitcoin are arranged on January 4, 2021 in Katwijk, Netherlands. Yuriko Nakao | Getty Images Bitcoin’s price rallied to a fresh all-time high on Friday, smashing past $41,000 for the first time as investors increasingly view the cryptocurrency as an inflation hedge. The world’s most
The latest round of $600 stimulus checks is on the way. Meanwhile, many have already arrived for millions of Americans. But for people who recently changed their bank account information, that payment might not come at all. The IRS and U.S. Treasury Department began issuing the second economic impact payments through direct deposit and mailing
I’ve got some good news. You’re not crazy. That’s the message of one of my favorite books of 2020, “The Psychology of Money,” written by Morgan Housel and inspired by a popular blog post he wrote in 2018. It’s a compelling read and the book offers many great lessons, but I thought this particular encouragement was worthy
tktktkktktkktktkktktktkktkt Alison Yin/AP Images for American Institute of Certified Public Accountants Libra Wealth, the Los Gatos, California firm started not quite four years ago by CPA Mark Astornio, is giving stock pickers a run for their money by offering advice on tax maneuvers at a fraction of the cost. Mark Astrinos is a 37-year-old CPA