Construction
Save taxes, help society: Hire 'targeted' staff
Many businesses, especially those in the construction industry, overlook a significant tax credit that is available for hiring workers from targeted disadvantaged groups. The per-employee credit can reach $2,400 or $4,800 during the first year of employment. (5/12/2008)
Credit crunch expanding to commercial properties
The ongoing credit crunch in consumer mortgages is resulting in some tighter credit and increased underwriting standards in the commercial real estate market. But as of the end of the third quarter of 2007, there was no evidence of increasing commercial defaults. The market for commercial mortgage backed securities – which provided low-cost, low-rate loans for commercial investors – dried up completely in the last two months of the third quarter. (4/28/2008)
Will ‘buy low, sell high’ work in current real estate market?
It is one of the most basic investment principles: Buy low, sell high. But does it apply to real estate, which can be an emotional investment as well? While a home can be an exciting purchase, those feelings should be set aside if you want to become a real estate investor, experts say. Instead, investors must understand their motivations and the marketplace if they want to succeed. Buying properties that turn a profit from the start is what separates the authority from the amateur. (4/14/2008)
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