Why Real Estate is an Attractive Tax Shelter
Article Abstract:
Real estate is usually thought of as the tax shelter that reaps the most benefits. Investors in real estate must be very cautious when deciding where their money will go. As far as taxes go, initial investment in a property is usually a good buy; the amount of the property that can be depreciated and deducted in the early years is usually greater than the rental income, thus sheltering the income. But eventually, usually halfway through the fifteen or more years of depreciable life, the deductible portion of the building decreases to the point that rental income is greater than the deduction, and the income is no longer sheltered. What might sound like a good buy in the early years, might turn out to be a tax burden that will not be easy to sell. Another thing to beware of if your taxes get too low, is the alternative minimum tax.
Publication Name: Futures: Magazine of Commodities & Options
Subject: Business, general
ISSN:
Year: 1984
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Look at the Mini-Mills
Article Abstract:
The United States steel industry's decline is due to mismanagement in great part. The major steel companies put off buying new equipment and upgrading their facilities until it was too late. Now they want quotas to be placed on foreign imports. Foreign imports are only a small part of their problem. Domestic 'mini-mills' have captured twenty per cent of the market, matching the share foreign steel has captured. These small mills are non-union, turning out a relatively narrow range of low-cost, high- profit-margin products. They have been able to meet the majors' prices on rods, wires and bar lines. The mini- mills' growth denies the claim that steel is an industry in need of subsidy. Wage standards for management and labor at the new mills are far below the major mills, and their productivity level is high.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1984
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A Look at Real Estate Since WWII
Article Abstract:
Interviews with several veterans of the real estate industry following World War II are presented. According to these veterans, the real estate industry is becoming increasingly dominated by institutions. This trend is largely the result of skyrocketing property- development costs and the damaging effects of inflation on long-term loans. Interviewees include Claude Ballard, Kenneth Schnitzer, Charles Urstadt, Melvin Simon, John White, James Rouse, and Meyer Melnikoff.
Publication Name: Barron's
Subject: Business, general
ISSN: 1077-8039
Year: 1983
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