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Selling a rental property? Here are the tax consequences
Expensive Liz: My siblings and I are considering providing a triplex. It was bequeathed to us by our mother when she died in 2007. There is no mortgage loan and it is fully occupied. If we promote, my wife and I (equally more than 50) would get roughly $200,000, and we’d like to lessen the tax effect. We individual our property no cost and clear and have no personal debt. We’d like to use this windfall to assistance our son obtain a house. We’d also give our daughter a hard cash gift. We have no curiosity in purchasing one more expenditure property making use of a 1031 exchange. Any strategies…
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Annual Home & Garden Show draws more than 200 vendors to Lancaster Event Center
Realtor.com Chief Economist Danielle Hale says there are signs the US housing market may be stabilizing during an interview with Romaine Bostick and Katie Greifeld on “Bloomberg Markets: The Close.” Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness/ Instagram: https://www.instagram.com/quicktake/?hl=en Lincoln’s 51st annual Nebraska Builders Home & Garden Show is poised to be one of the largest in recent years. The event, which features home builders and home-improvement businesses who specialize in everything from landscaping and hot tubs to banking and financing, includes more than 200 vendors at the Lancaster Event Center.…
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10 small dining room decorating mistakes to avoid
We all hanker after a good-sized dining room, especially for those with families or if you love entertaining. But unfortunately, a large dining room space isn’t always on the cards. If your dining space falls into the small size category, there are several small dining room decorating mistakes you should aim to avoid if you want to create a beautiful fully functioning space. Get your small dining room ideas right and the space will become an easy-on-the-eye room that’s practical and stylish. Colour is a big factor and one that can dramatically change the size of a room visually and paler shades can be a winning option. Another area to…
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How the ice storm impacted Austin’s real estate market
Ari Rastegar of the Rastegar Property Company said the ice storm greatly affected his properties. AUSTIN, Texas — The ice storm had an effect on many aspects throughout Central Texas, including the Austin real estate market. Ari Rastegar, founder and CEO of Rastegar Property Company and an Austin native, said the ice storm greatly affected his apartment properties. “We’re a very large apartment owner here in Austin. It was just devastatingly sad to see our our tenants that we care so much about not have power for days and days, in some instances for over a week,” said Rastegar. For real estate agents selling houses, property tours and move-in dates…
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SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Full Year Results for 2022
SmartCentres Real Estate Investment Trust Operational Shopping centre leasing activity remains strong, with industry-leading occupancy levels of 98{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q4 2022, representing a 40 basis point increase as compared to the same period 2021 Same Properties NOI(1) for the quarter increased by $5.1 million or 4.0{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to Q4 2021, and for the full year increased by $16.5 million or 3.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to 2021 Net rental income and other for the quarter increased by $2.2 million or 1.7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to Q4 2021, and for the full year increased by $16.8 million or 3.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to 2021 Mixed-use Development In excess of three million square feet of…
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‘Fixer to Fabulous’ Takes the Barndominium Trend to a New Level You Must See To Believe
Astonishingly sufficient, Dave and Jenny Marrs have never ever remodeled an aged barn into a barndominium on their HGTV display, “Fixer to Fabulous“—until now. In the episode “Century Outdated Barn, Family members Household,” Dave and Jenny satisfy Mike and Kelly Burton, who moved to Arkansas from California a couple years ago. They have a lovely major home, but they also want to convert the 100-year-old barn on their residence into an entertaining house that will hopefully entice their good friends and relatives to stop by much more frequently. Hundred-year-outdated barn (HGTV) Armed with an enough $280,000 spending budget, Dave and Jenny get to work—and acquire this barn, and the whole barndominium…
