Your taxes will increase $775 Billion dollars according to an analysis by Bloomberg. President Biden has rolled out his proposed tax plan with three major pillars that will impact real estate pros. 1) Elimination of the 1031 exchange provision (or…
President Biden has proposed an increase in long term capital gains from their current 15-20% to 43% for the wealthiest. This would be the highest tax paid on income. What is in the new proposal? What does this proposal mean…
I am always amazed at how out of touch our elected officials are with what happens in the real world. The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers,…
As I was working from home the other day on the deck, my dogs started barking and I look over my shoulder to see this guy staring at me… I’m looking forward to getting back to the office 😊…
Commercial property values were recently hitting peaks with investors rushing to invest in high quality commercial real estate as yields on other assets like treasuries continued to languish. Now the tides have turned with some high quality commercial property now…
I always love spring in the Rocky Mountains, to see the pull of the seasons with snow and flowers starting to bloom. Eventually spring always wins 🙂 If you read the news, it sounds like the world is crumbling with…
President Trump announced the revocation of the California clean air waiver act. Regardless of where you sit on this particular issue, the impacts will be profound on States rights, on real estate and one industry in particular. Why are 33…
BB&T agreed to buy SunTrust in the world’s biggest bank merger in a decade. This will create the sixth largest bank in the country. Bank of America CEO, Brian Moynihan predicted another round of consolidation that could produce another “megabank”. …
In the fall of 2006 my wife, a high school teacher, left for school in a small sleepy town SW of Denver. Shortly after school began shots rang out and a hostage situation ensued (See Article). At the end of…
As the government shutdown continues to drag on, how is commercial and residential real estate being impacted? What does Vail resorts, the largest owner of ski resorts in the country, have to do with the government shutdown. How are existing…
