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 […]
HOW THE CORONAVIRUS RELIEF BILL COULD AFFECT YOUR RETIREMENT SAVINGS
In these uncertain times, you might be wondering what the COVID-19 crisis means for your financial future. Three retirement relief measures made it into the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by the Senate. Here’s how these three key provisions will affect your retirement savings if the bill passes
How to Self-Direct Your IRA: Learn the 4 Step Process
Learn how to set-up a self-directed IRA. This video explains the 4-step process to set up a self-directed IRA from the Retirement Industry Trust Association (RITA). You will learn: √ How to find an IRA custodian or Administrator √ How to buy real estate in a self-directed IRA account √ How to avoid prohibited transactions […]
Despite Pandemic Damaging Economy, Real Estate Industry Leaders Remain Optimistic
The rapid outbreak and spread of COVID-19 took many businesses, communities and governments by surprise. While the immediate health of employees is the chief concern, leaders in commercial real estate have started to address the impact of the virus on transactions in the coming year.
Getting Cash For Your Small Business Through The CARES Act
On Friday, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. It’s an estimated $2 trillion package, which specifically allots $10 Billion for EIDLs and $350 billion for Paycheck Protection Loans (more on those below) to help small businesses.
Big Box, Big Opportunity
Americans are learning to adapt to change quicker than ever. Fashion trends change daily, and the weather in Nebraska changes every minute, but one thing stays constant: the security of real estate investment. The retail market has, in fact, changed, but there are still numerous ways to make the most out of the vacant big-box […]
Understanding Real Estate Tax Benefits: Depreciation, Accelerated Depreciation, Bonus Depreciation
Bonus Depreciation For properties acquired after September 27, 2017, owners can take a 100% benefit in year one. The property doesn’t have to be new; it just has to be new to you. That means that all of the personal property and land improvement benefit no longer has to be spread over five, seven or […]
Baltimore Retail Market Stands Tall, Poised for Another Solid Year Ahead
It’s gearing up to be another solid year for Baltimore’s retail industry. Thus far, the first quarter has shown few surprises and has largely been a continuation of the success the sector saw in fourth-quarter 2019.
Target cracks ranking of top 10 U.S. e-commerce retailers
Target’s increased focus on building its e-commerce business is paying off. The discounter, which used to rank No. 11 in the U.S. in e-commerce sales, is now poised to bypass three competitors to become No. 8, according to a new report from eMarketer. The report shows strong growth for Target’s e-commerce business while that of […]