IRS Treats Rental Real Estate as Qualified IRC 199A – by Peter Muffoletto, C.P.A.

The Internal Revenue Service issued final regulations last year that provides a safe harbor under which a rental real estate enterprise will be treated as a trade or business solely for the purposes of Internal Revenue Code Section 199A, the qualified business income deduction. Tax Cut and Jobs Act (TCJA) Created Trade or Business under IRC…

What Drives a Recession and Why is it Important to You? – By Clifford Hockley, Principal Broker

In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.  What is Driving Us Toward an Economic Contraction? The primary factors driving us toward an economic contraction include the following: Increased fuel costs and worldwide lack…

After the Ruins of the Pandemic, Will the Push for More Stringent Tenant Protections End Up Only Aggravating the Housing Crisis? – by Daniel Bornstein, Esq., Bornstein Law

As reported by the San Francisco Chronicle, Antioch is only the latest city in the Bay Area to enact stronger rent protections by capping rent at 3% or 60% of the Consumer Price Index (CPI), whichever amount is less. Our earlier article discussed some of the forces at play in the spread of rent and tenant protection measures…