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Don’t be a rule breaker: IRA rental property guide
Real estate is one of the most popular investments to leverage within a Self-Directed IRA. It is a familiar asset if you own your own home or other type of property, it offers diversification from traditional investments, and the rental income and/or capital gains funnel in tax-deferred or tax- free depending on the type of account. While the general concept of investing in a rental property through a Self-Directed IRA may be similar to investing outside of a qualified account, there are a handful of rules enforced by the IRS that makes the management of this investment quite a bit different. This is because your retirement account is meant to…
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Holiday decorations and tabletop trees
Is the thought of putting up a giant Christmas tree daunting? Are there more tasks in the day than hours? Are you and the family traveling for the holidays after spending the last months distancing? If any of these are true, then the thought of a Christmas tree and whole-home decorations for whatever winter holiday celebration works for you might be more than you want to handle. I love Christmas trees and all sorts of holiday decorations, but oh, the work! It is a trend to reduce the size, kind and amount of decorating down for the holidays. There are many reasons to avoid a big fuss, including allergies, cats…
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Public House restaurant to reopen this month in downtown Ferndale
A beloved neighborhood bar and brunch spot, Public House in downtown Ferndale is planning to reopen this month after renovations and a change in ownership. Returning diners will notice a 1,000-square-foot, 82-seat garden patio designed by Ron & Roman, a new menu with traditional pub fare, plant-based and gluten-free items and a second kitchen solely for vegan cooking. The revamped Public House and Garden is expected to debut Dec. 21. Originally opened in 2013, Public House and its neighboring sister restaurant Antihero were sold earlier this year by Working Class Outlaw Group, which oversees Ferndale’s Imperial, to Brian Kramer’s Hometown Restaurant Group, owners of One-Eyed Betty’s and Pop’s for Italian. …
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Big Retailers Cater to Home Improvement Pros
In a big year for home remodeling, major retailers in the space are one-upping each other to grab more of the professional market, including building new distribution infrastructure catering to pros and keeping store aisles clear for DIY customers looking for a new faucet. Accelerated by obstinate supply chain slowdowns, the trend is taking hold among the biggest names in home improvement. As Bloomberg reported on Tuesday (Dec. 2), “Contractors’ needs are very different than the average customer’s, and while they make up only 5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of The Home Depot’s shoppers, they account for 45{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} of its $132 billion in annual sales.” Keeping DIY shoppers from causing in-store delays for more…
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The Alexanders Are Now Selling Metaverse Real Estate
Now selling luxury real estate in the metaverse. Photo: Scott Roth/Invision/AP/Shutterstock Tal and Oren Alexander, the brothers who became famous for closing megadeals in their early 20s then moved onto the biggest deals ever in their early 30s — they represented Ken Griffin when he bought that record-setting $238 million penthouse at 220 Central Park South in 2019 — recently announced that they’ll be developing and selling luxury real estate in the metaverse. That is, in virtual reality. It’s all imaginary construction; it can’t be lived in but exists only to be bought and sold and conspicuously consumed. Which sounds about right. Like others in the moneyed Miami set, Oren…
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Icebreakers with…Million Dollar Listing’s James Harris
James Harris sells some of Los Angeles’s most expensive homes while starring in the reality TV series, Million Dollar Listing, and prepping for the release of his upcoming real estate newsletter, The Blueprint. For him, “The real estate comes first, the show comes second,” so we got on the phone and chatted about the real estate market, industry trends, and the bloody (he’s British btw) unbelievable amenities high net worth clients request for their not-so-humble abodes. How is the real estate market looking? It is absolutely fantastic. It’s been the strongest year and a half of real estate I’ve ever seen. The market right now is fueled by interest rates…
