The IRS guideline for 1031 exchanges isn’t totally clear, professionals say (Credit: iStock) The Internal Revenue Service has just offered up the one thing investors looking to close 1031 exchanges desperately need – more sand in the ...
JPMorgan Chase CEO Jamie Dimon (Credit: Win McNamee/Getty Images) JPMorgan Chase is tightening its mortgage lending standards just as the federal government has been pumping massive amounts of money into the crippled economy to create ...
Masayoshi Son (Credit: Tomohiro Ohsumi/Getty Images, iStock) SoftBank is preparing its shareholders for what executives think could be one of its worst fiscal years in the conglomerate’s 39-year history. Masayoshi Son’s company expects ...
Donald Trump and Trump International Hotel at 1 Central Park West (Credit: Alex Wong/Getty Images, Google Maps) The Trump Organization’s Trump International Hotel & Tower in Manhattan has laid off 70 employees, a filing made ...
Oyo CEO Ritesh Agarwal and Softbank CEO Masayoshi Son (Credit: Getty Images) Oyo Hotels & Homes could be the latest misstep for Masayoshi Son as the unicorn freezes operations and lays off workers across the globe in response to ...
Flattening the curve by keeping most of the country at home is what medical experts believe will allow the U.S. to recover from the coronavirus pandemic. But according to developer Don Peebles, doing so “with blinders on” will create ...
Citydwellers fleeing coronavirus have descended on rural communities across the Western U.S. (Credit: iStock) Well-heeled city slickers are looking far and wide to escape the virus. And many are settling on the remote communities of ...
The coronavirus-weakened economy means assets are on sale (Credit: iStock) Wealthy homeowners are putting their mansions and estates as collateral for loans to repay debts or even scoop up cheap assets now available in the ...
Oakland, California (Credit: iStock) It seemed that San Francisco Bay Area’s incredibly tight housing market was bulletproof. That turned out not to be true, but it took a literal pandemic to put a dent in it. Zillow economist Jeff ...
In New York City, Veselka closed due to the coronavirus COVID-19 pandemic. (Photo by Bill Tompkins/Getty Images) Many restaurant owners who’ve been forced to close their businesses because of the coronavirus pandemic wonder if they’ll ...