Month: October 2020

Beware of unknown callers promising stupendous purchase prices for commercial real estate. RANJAN SAMARAKONE Even in today’s uncertain commercial real estate market, long-term family owners of commercial real estate often get phone calls or emails out of the blue from someone offering to buy their property. Often those communications include a very impressive number that
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President Donald Trump on Monday said the government’s top pandemic fighter Dr. Anthony Fauci is a “disaster” — and possibly an idiot — as he claimed that Americans are “tired of” Covid-19, even as the number of coronavirus cases continued spiking in much of the United States. “People are tired of Covid,” Trump said in
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High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden’s tax plan, according to tax experts. While Americans earning less than $400,000 would, on average, receive tax cuts under Biden’s plan, the highest earners would face double-digit increases in their official tax
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CNBC’s Jim Cramer said on Monday that “we’re in some wacko market” because normally chasing stay-at-home stocks trading at off-the-charts multiples to sales would not make sense, but now the market is rewarding investors who do so. Cramer cited Zoom Video Communications at about 50 times sales and cloud company Snowflake at about 100 times
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getty A Michigan man has pleaded guilty to conspiring to defraud the IRS and to stealing from an organization receiving federal funds. According to court documents, Mathew Schwartz owned a law firm called Legal Genius, P.L.L.C. (“Legal Genius”) in Southfield, Michigan. Another man, Jayson Rosett (also charged as a defendant) owned a company called Accident
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By Erin Flynn Jay, Next Avenue Contributor getty Millions of Americans are struggling to afford their medications during Covid-19, including some with health insurance, the nearly 27 million who lost coverage due to a job loss and those who never had it. But there are quite a few ways to lower your prescription drug costs
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Economic Security Planning, Inc. Today’s column addresses questions about a spouse taking retirement benefits on their own record before potentially taking survivor’s benefits, when to apply in order to begin receiving benefits in a certain month and when spousal benefits may be available. Larry Kotlikoff is a Professor of Economics at Boston University and the
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Executive Vice President at RealtyTrac, the leading source of distressed property data for investors and real estate professionals.  Getty Historically, there’s been a strong correlation between unemployment and foreclosures. Job loss typically results in mortgage delinquencies – which ultimately lead to foreclosures. Given the number of jobs lost during the Covid-19 pandemic, many people may be expecting
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