COVID-19 Impact on Lodging Industry Causing Profound Changes
The current health and economic environment are causing profound changes in the lodging industry, posing unprecedented challenges for hoteliers, lenders, and other industry stakeholders. After weeks of empty rooms and temporary closures, hotels are slowly starting to reopen with new safety standards and the industry is beginning to rebound. As of June 13, U.S. hotel […]
How Depreciation Could Affect Your Taxes
Any tax discussion will always mention the words depreciation and depreciate. What is depreciation in the first place? How does this concept affect your taxes? A Quick Definition of Depreciation Depreciation, in the most basic sense, has something to do with income tax deduction. As an IRS write-off, depreciation gives a taxpayer the chance to […]
Why Will Real Estate Investing Outperform Stock Market
For the longest time, investors all over the world choose the stock market as the first point of destination of their hard-earned money. However, some signs are showing that the focus and interest has now shifted to real estate. With all the global uncertainties happening, people search instead for investment options that can give them […]
Brick and mortar’s next chapter
The pandemic is forcing retailers to finally define just what their stores are for. E-commerce is not a great store As beleaguered as brick and mortar is, retail can’t thrive without it, in part because e-commerce remains a lackluster and inefficient way to shop for nonessential goods, and a poor conductor of impulse-buying, according to […]
A New Work-From-Home Movement Is Gaining Steam. Why Aren’t Office Landlords More Worried?
A chasm is widening between owners and occupants of office real estate around the country. Though the coronavirus pandemic has thrust thousands of companies into remote work, office landlords are counting on most of them eagerly returning to their now-deserted offices. Given how well many companies report the forced experiment has gone, data shows that many […]
Dollar Tree shares jump after earnings beat expectations
Dollar Tree Inc. DLTR, -0.22% shares jumped 3.4% in Thursday premarket trading after the discount retailer reported first-quarter earnings and sales that beat expectations. Net income totaled $247.6 million, or $1.04 per share, down from $267.9 million, or $1.12 per share, last year. Sales totaled $6.29 billion, up from $5.81 billion last year. The FactSet consensus was […]
Dollar Stores – Who Could Outperform?
The coronavirus has certainly impacted all sectors of retail, some more deeply than others. But perhaps even more important than the short term impact is how well-positioned different sectors are for the day after. So we’ve been analyzing sectors like grocery, QSR and fitness to break down their current performance and post-coronavirus potential. This time, we dove into the […]
Senate approves $310 billion in new SBA PPP loan money. What you should know
Small businesses and lenders have been waiting with bated breath for news of additional funding for the Small Business Administration’s Paycheck Protection Program, and now Senate Republicans and Democrats have reached a deal on Tuesday for a bill approving over $480 billion in additional coronavirus relief. The bill was passed in the Senate on Tuesday […]
With 40% of Maryland restaurants closed, industry calls for dedicated $240B relief fund
As Maryland restaurants continue to feel the pain of dining room closures, an industry group is calling on Congress to create a dedicated fund to support eateries across the country. Some 40% of restaurants in Maryland are currently closed, and almost 150,000 restaurant workers are unemployed as a result of the coronavirus pandemic, the Restaurant […]
Congress fixed tax code “retail glitch” and gave real estate a tax windfall
Real estate owners can thank a fix to the “retail glitch” — rectified in the $2 trillion economic bailout — for a new tax windfall. The economic stimulus package that the federal government passed last month corrected what is widely considered to be a drafting error from President Trump’s 2017 tax cuts, which allowed businesses […]