Archive | Uncategorized

Section 45L Energy Tax Credit Renewed Retroactively

Section 45L Energy Tax Credit Renewed Retroactively

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 […]

Read More
My wife and I at Magnolia Farms

What we can learn about branding from Chip & Joanna Gaines

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 […]

Read More
Owners, Start Your New Firms

Owners, Start Your New Firms

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 […]

Read More
Vegas Golden Knights

Ascent Loves Our Vegas Golden Knights

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. […]

Read More
Rent Control Apartments.jpg

New Research on Rent Control Confirms Negative Impacts

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 […]

Read More
Tax Credit Video 2

Energy Tax Credit Renewed Retroactively

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 […]

Read More