Investment Property
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Shaker Lee Development Fund targets strategic property acquisition, investment in Chagrin-Lee corridor
SHAKER HEIGHTS, Ohio — A special and impressive opportunity for area acquire-in on the potential of the Chagrin-Lee corridor will continue on into the new yr as a result of the Shaker Heights Advancement Corp. (SHDC). Up and running considering the fact that September, the new Shaker Lee Progress Fund remains open up to all Ohio residents to invest in obtaining, upgrading, leasing and taking care of largely business serious estate houses located on Lee Highway in between Chagrin Boulevard and the Cleveland metropolis boundaries. “As a local community-primarily based economic progress entity, the main objective of ‘The Fund’ is to redevelop and revitalize the Lee Street Corridor to profit…
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Queensland to impose new tax rules for interstate investors
Queensland’s “generous” tax process will soon be reformed to amount the taking part in subject amongst regional and interstate traders. As outlined in the 2021–22 Spending budget Update – Mid-Yr Fiscal and Financial Review, the Queensland governing administration is eyeing to shut the “loophole” in the state’s land tax method, which allows interstate traders, specially those people who hold investments in other states, to bear much less legal responsibility. Below the “fairer” land tax process envisioned in the spending plan update, tax arrangements will be amended to account for the total price of land held interstate when examining land tax legal responsibility. Here’s an excerpt from the price range update:…
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China’s property distress sours steel sector in warning sign for economy
Laborers work at a steel plant of Shandong Iron & Steel Group in Jinan, Shandong province, China, July 7, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Spillover-effect of property slump poses fresh risks to economy Steel demand, vital part of industrial engine, suffers blow Hit to construction ripples broadly, stings cement, appliances Credit constraints, property woes show no signs of easing soon BEIJING, Dec 19 (Reuters) – Debt problems at a major Chinese property developer have now spilled over into a vital artery of the nation’s industrial engine – the steel sector – and started to ripple through to other critical parts of the world’s second-largest…
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REITs Are Poised to Outperform Stocks Next Year. Here Are 3 Picks.
Text dimensions A housing advancement in Charlotte, N.C. Joe Sohm/Dreamstime.com Brace yourselves for an explosive forecast: The U.S. REIT sector could return 10{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} or so in 2022. Is that shocked silence, or are you nodding off? Possibly way, stick with me for some analyst picks. Real estate expenditure trusts, of class, are providers that individual residence and can stay clear of corporate taxes by passing the bulk of their winnings on to shareholders as dividends. As a team, their normal extensive-expression returns are…an educated guess. See, REITs had been developed by Congress in 1960, but the contemporary REIT period goes back again only 30 yrs to the preliminary general public…
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Rental property investment startup Arrived secures $100M in credit financing to fuel U.S. expansion
(Arrived Image) Arrived Homes, the Seattle startup that helps people invest in single-family rental properties, is taking on $100 million in new credit financing to fuel its expansion and the ability to purchase more homes across the U.S. The real estate investment platform announced Thursday that it’s partnering with Certain Lending, a San Francisco-based fintech startup. Arrived uses crowdfunding to help anyone purchase shares of rental properties for as little as $100 and earn a passive income while the company handles everything from property acquisition to necessary improvements and management of daily operations. The idea is to open up access to real estate investing beyond wealthy individuals and institutional investors, and…
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Should You Include Real Estate in Your Retirement Plan?
Investing in real estate is one of many ways to set aside funds for retirement. If you are looking to… Investing in real estate is one of many ways to set aside funds for retirement. If you are looking to diversify your savings, you might consider including real estate in your retirement plan. There are advantages and disadvantages that come with property investments, along with different options to consider. Including real estate in your retirement plan might consist of: — Selling your home. — Owning a rental property. — Purchasing and selling property. — Contributing to a real estate fund. Read on to learn more about what to expect if…
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