House flipping – buying, fixing up and selling a home in a year or less — is increasingly becoming a popular way to grow your wealth. RealtyTrac figures for the first quarter of 2017 show 6.7 percent of all condo and single-family home sales in the quarter stemmed from flipping, a total of 43,615 sales. Read More…
How the Tax Cuts and Jobs Act Impact Private Lending and Construction.
President Trump signed the Tax Cuts and Jobs Act of 2017 (TCJA) on Dec. 22, 2017, ushering in major changes to the Internal Revenue Code of 1986, effective Jan. 1, 2018.These changes should have a significant positive impact on the private lending and construction sectors, including boosting demand for more deals and the supply of Read More…
Tax Reform or Tax Cuts?
The Trump administration and the Republican Congressional leadership spent the last several months preparing to tackle legislation for corporate and personal income tax reform. As the 115th Congress sets out to take up this issue during the fall term, the operative questions are whether reform will actually materialize and, if it does, how extensive it Read More…