The real estate industry was rewarded this week with the passing of new tax legislation that extends several real estate-related tax provisions through the end of 2020, such as the section 45L tax credit for construction of new energy-efficient homes and the section 179D tax deduction for energy-efficient commercial building property. This bill also makes these tax incentives retroactive […]
Leaving the security of a steady paying job to start your own company is not an easy decision. There’s a lot more to becoming your own boss than we think and the risk is substantial. But what about the dream? What is a dream of leading your own company if you never bring it […]
February 2 is approaching, and that means thousands of Americans will watch a rodent in a tree stump to see if it can predict a longer or shorter winter. Of course, I’m talking about Groundhog Day, when Punxsutawney Phil looks to possibly see his shadow to let people know if there will be six more […]
I recently visited Magnolia Market in Waco Texas, the home & lifestyle store that supports multiple lifestyle brands by Chip & Joanna Gaines of HGTV’s Fixer Upper show, among many ventures. Chip and Joanna are beloved lifestyle entrepreneurs, with a home improvement empire that includes the Market, Magnolia Homes, books, the Hearth & Hand line […]
I spent last week in Texas, ultimately at the Texas Multifamily Summit in Austin. It was a great experience. As I moderated the panel, it was surprising how fast the trend of multifamily property owners creating their own firms was spreading. The panel included Richard Fishman, founder of ValCap Group in Dallas and Jason Cohen […]
Mike Ballard is interviewed by Mark Jensen, Executive Vice President of Investment Sales with Colliers International based in Salt Lake City, for this podcast. Click here to learn how outsourced accounting works, hear case studies, and understand the benefits.
I read last week that Blockbuster Video is down to its last store in Bend, Oregon. Years ago, my young family frequently visited the store near us. Blockbuster Video stores were everywhere. In 2000, Blockbuster had a chance to buy Netflix for $50 million. Netflix is now worth $173 BILLION. Blockbuster Video made four critical […]
More than a year ago, our hockey team didn’t exist. There were no players under contract but the team’s leadership had a plan. Apparently what’s supposed to happen for any professional expansion team is that it takes years to groom talent. Years of miserable seasons as established teams of veterans run roughshod over them. […]
Rent control policies are laws that limit or cap rents and are usually implemented for the purpose of improving housing affordability. Like many other instances where government leaders try to manipulate economic principles, these laws do just the opposite. The National Multihousing Council (NMHC) just published an in-depth review of academic research on the issue […]
President Donald Trump signed a major budget deal into law early Friday morning, February 9, hours after Congress voted to end a brief government shutdown overnight. This budget bill also retroactively extends numerous tax breaks that had previously expired. The majority of the tax breaks included in the bill are renewed for one year through […]
