Get a tax deduction for donating a non-cash asset: IOU gifts Illiquid financial asset A financial asset that is difficult to sell due to its cost, lack of interested buyers, or some other reason is called “illiquid”. Examples of illiquid assets include: Restricted and private shares, LLCs and limited partnership interests, deeds and mortgages, notes, mineral rights including oil and […]
Many Americans consider owning a home to be one of life’s greatest dreams, fulfillments, and pleasures! There are a wide variety of options, in terms of how and where one lives/resides, etc., including: renting; own a cooperative apartment, a condominium, a single-family home and/or live in a multi-family home, owned. Each of these has certain benefits/advantages as well as drawbacks/challenges, […]
Recycled aluminum is useful in many areas of the manufacturing process. The American Aluminum Association claims that aluminum is used in car construction, NASA is exploring aluminum for components in its next spacecraft, aluminum roofs are becoming more popular, aluminum siding has been used for Aluminum wire has been used in homes and mobile homes for years, aluminum foil has […]
Villa Lilly, a world-renowned villa located in Praiano, Italy, boasts stunning ocean views from the 10,000-square-foot, five-bedroom, five-bathroom main house, with views from Positano to Capri. From the many terraces and gardens, guests enjoy the enchanting Amalfi Coast and its vast landscape. In addition to the main house, a picturesque one-bedroom, one-bathroom medieval tower serves as a guest house and […]
As more and more investors return to the market, they will bid on properties against more experienced investors. This bidding, especially on new REOs (bank owned properties) can get fierce. Once an investor understands the Ghost Offers strategies, he will be able to use them to his advantage just like the professionals. The term phantom deals was probably originated by […]
BIM Services BIM stands for Building Information Modelling. It is a method that involves a process of creating digital representations of building assets. These files can be exchanged, exported, and network supported. Many businesses, individuals, and government agencies use BIM services. These models can show the location of water, electricity, roads, and communications utilities. They also allow for the analysis […]
“What was once fashionable will be fashionable again …” Japanese proverb In the first 3 parts of this 4-part series, we explore the beginnings of women’s underwear in an era of sexual repression and the evolution of underwear until the sexual revolution, allowing a freedom in women’s lingerie and underwear than ever before. existed. Now we will literally explore the […]
John Larkin soaps John D. Larkin founded a soap factory in Buffalo, New York, in 1875. His factory produced two products, Sweet Home Soap, a yellow laundry soap, and Crème Oatmeal, a toilet soap. The soaps were sold through wholesalers and retailers. A new approach to sales In 1881, Larkin began selling his soap through door-to-door sales to residential customers. […]
We are often asked if the tax liability for the sale of a vacation home can be deferred using IRC section 1031 procedures. The answer to this question is found in Income Procedure 2008-16. The general rule of thumb for ALL 1031 exchanges is that the property should be kept primarily for investment or commercial or business use. In order […]
Plymouth County Hospital / Hanson Tuberculosis Hospital is located in Hanson Massachusetts. The hospital was built in the late 1910s, primarily as a tuberculosis hospital. The facility was operational from 1923 until it closed its doors permanently in 1991. In 1982, the hospital officially became Cranberry Specialty Hospital and welcomed terminally ill people. In 1991, the last remaining patients were […]
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