Republicans Make Compromise Deal on GOP Tax Bill
Wednesday, December 13
House and Senate Republicans have reached a preliminary deal on the GOP tax bill (also known as the Tax Cuts and Jobs Act) on Wednesday. The new bill will reduce the corporate tax rate from 35% to 21% starting in 2018. Both House and Senate provisions had proposed a 20% corporate tax rate, but it...
--------------------------------------------------------------------------------------------------------------------------
Rental Apartment Vacancy Rates Low in Top 6 US Cities
Thursday, December 14
Apartment rental vacancy rates reside low in the top six U.S. markets: San Francisco, New York, Boston, Los Angeles, Washington D.C. and Seattle.Despite the inundation of new construction and development that these markets have seen in the recent years, vacancy rates are still very low overall. O...
--------------------------------------------------------------------------------------------------------------------------
FCC Votes to Repeal Net Neutrality
Thursday, December 14
With no regard for the objections from Congress, advocacy groups, technical experts and the American people in general, the Federal Communications Commission (FCC) voted to eliminate the Open Internet Order established in 2015 and the net neutrality protections currently in place. What was passed...
--------------------------------------------------------------------------------------------------------------------------
Co-Founder of Bitcoin.com Cashes out his Bitcoins for Bitcoin Cash
Tuesday, December 19
Emil Oldenburg, the chief technology officer and co-founder of Bitcoin.com, recently traded in all his Bitcoins (BTC) to cash in on Bitcoin Cash (BCH), a spinoff cryptocurrency of the original Bitcoin. He reported in an interview with Swedish website Breakit that investing in Bitcoin now could be...
--------------------------------------------------------------------------------------------------------------------------
Freddie Mac & Fannie Mae Work to Support Underserved Markets
Wednesday, December 20
Monday, the government-sponsored enterprises (GSEs) Freddie Mac, the Federal Home Loan Mortgage Corporation, and Fannie Mae, the Federal National Mortgage Association, announced their Underserved Markets Plans for 2018-2020 under the Duty to Service provisions required by the Housing and Economic...
Stratton Commercial Group specializes in National Manufactured Housing and Mult-Family Investments . We facilitate the Sales and Acquisitions for clients and owners of Mobile Home Parks, Apartment Communities and NNNs in 44 / 50 states. If you are looking to Buy or Sell a Commercial Real Estate our goal is to help you obtain the correct investment for your financial goals!
Wednesday, December 20, 2017
Thursday, December 7, 2017
Real Estate Industry Exempt from Trump Tax Plan
The tax code is currently in the process of being rewritten
by Congress and it seems that real estate will be the only industry that will
not be limited. Some industries, such as car dealers, oil and gas pipeline
managers, cruise lines, private equity and craft beer and wine producers, did
well through tax cuts, but not as well as real estate. House and Senate
Republicans both offered large reduced rates towards family-owned firms,
partnerships and corporate giants across the board, but commercial real estate
was left untouched.
Tax deference on exchanges of similar kinds of property
affected most industries. New limits on deductions for interest payments were
introduced for most businesses. (For example: pharmaceutical companies and
domestic manufacturers no longer have some industry-specific breaks, such as
the tax credit for “orphan drugs”, in exchange for lower rates.) But crickets
chirp when real estate is brought up; no tax deference on 1031 exchanges
proposed; no limits on interest deductions.
Click Here to Read More
Subscribe to:
Posts (Atom)