Denver office building property values take a $2 billion hit as remote work endures Empty office space in downtown Denver has been piling up ever since the pandemic ushered in the era of remote work. All that unused space is shaving billions of dollars off the city’s office property ... 12/22/2024 - 2:54 pm | View Link
No. 8 story of 2024: Skyrocketing property values, new tax hikes confuse Mahoning residents The new tentative values, however, showed a total average residential increase of 38.1%. Meacham cautioned that it did not mean property taxes would rise by the percent listed. A mechanism in Ohio law ... 12/22/2024 - 11:01 am | View Link
How To Align Your Career Path With Your Personal Values Aligning your career with your personal values and passions is a transformative process that can lead to greater fulfillment and purpose in your professional life. 12/20/2024 - 7:44 am | View Link
Iowa's average farmland values decline for first time in 5 years in new Iowa State study Higher interest rates and lower corn, soybean prices cut Iowa farmland values in ISU survey for the first time in 5 years. How long will decline last? 12/20/2024 - 12:10 am | View Link
SF's most 'uncool' neighborhood might see the fastest-rising home values. Here's why. After a controversial ballot measure passed in November, closing a 2-mile stretch of the Great Highway, real estate agents predict that an idyllic San Francisco neighborhood could have some of the ... 12/19/2024 - 11:00 pm | View Link
Solved: How do I calculate my land value and improved value ... The program only uses tax values to determine what percentage of your cost-basis is applied to the land value. That's it. If your tax bill shows a total value of $100,000 and a land value of $25,000, then 25% of the total value is allocated to the land. So if you paid $300,000 for the property, then 25% of that $300,000 is allocated to the land. 12/19/2024 - 9:22 pm | View Link
Why doesn't my refund increase when I enter a deduction? In addition, those who own property or live in a state with higher income taxes and property values like New York or California may not get as big of a SALT deduction (state and local property, income, and sales taxes) as they did in prior years. 12/19/2024 - 3:57 am | View Link
Determining fair market value (FMV) of inherited property In the case of property not distributed, sold, exchanged, or otherwise disposed of, within 6 months after the decedent’s death such property shall be valued as of the date 6 months after the decedent’s death. The foregoing is only applicable if an estate tax return is required to be filed (Form 706). 12/18/2024 - 7:36 pm | View Link
Inherited house basis calculation with no appraisal at time of ... The fair market value (FMV) of the property on the date of the decedent's death or; The FMV of the property on the alternate valuation date, but only if the executor of the estate files an estate tax return (Form 706) and elects to use the alternate valuation on that return. @Anonymous 12/18/2024 - 1:09 pm | View Link
Solved: Sale of rental property I understand the overall concept here. But when it comes to the specific options, if you record a sales price of zero on the depreciated sub-assets (property improvements, appliances etc), then it seems like those items would register a loss, and there would be no depreciation recapture tax on the depreciation previously claimed for those assets. 12/18/2024 - 1:49 am | View Link
By FARNOUSH AMIRI, Associated Press
WASHINGTON (AP) — The House Ethics Committee on Monday accused Matt Gaetz of “regularly” paying women, including a 17-year-old girl, for sex and purchasing and using illicit drugs all while the Florida Republican was a member of Congress.
The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in while representing Florida’s western panhandle.
DEAR TRAVEL TROUBLESHOOTER: I am writing because I hope that someone at KLM will help me with a refund for a “flex” flight I purchased this summer. This email comes from a place of desperation, as I’ve had a terrible time trying to contact KLM and getting any information regarding my refund.
Christopher Elliott, the Travel Troubleshooter
Last year, I booked three round-trip, “flex” refundable tickets from Washington, D.
By MICHAEL R. SISAK and JAKE OFFENHARTZ, Associated Press
NEW YORK (AP) — The man accused of fatally shooting the CEO of UnitedHealthcare pleaded not guilty on Monday to state murder and terror charges while his attorney complained that statements coming from New York’s mayor would make it tough to receive a fair trial.
Luigi Mangione, 26, was shackled and seated in a Manhattan court when he leaned over to a microphone to enter his plea.
MIAMI — This certainly has been a unique Miami Heat experience for Josh Christopher. The veteran NBA guard has yet to play a single regular-season game for the Heat, but already has competed for two championships in the team’s colors.
Having earned a two-way contract after leading the Heat’s entry to the Las Vegas NBA Summer League championship in July, Christopher found himself chasing a second championship in Heat colors on Sunday night at the G League Showcase in Orlando.
Through it all, the former 2021 first-round pick of the Houston Rockets went into the week yet to appear in a game for the Heat, unlike the team’s other two-way players, guard Dru Smith and forward Keshad Johnson.
So, instead, Christopher has played as the anchor of the Heat’s G League affiliate, the Sioux Falls Skyforce.
By Margarette Burnette, NerdWallet
If you kept money in a high-yield savings account this year, congratulations. Thanks to elevated interest rates, you probably enjoyed strong returns on those funds. And if you didn’t, don’t despair: Savings rates should remain solid through at least the beginning of 2025.
As we head into the new year, here’s a recap of what happened with savings rates in 2024, what it means for your wallet and how to prepare for whatever changes may occur in 2025.
A high-yield savings advantage
The Federal Reserve’s federal funds rate remained relatively high this year, though there were some rate decreases in the second half of 2024.
By REBECCA SANTANA, Associated Press
NEW YORK (AP) — The immigration officers sat in their vehicles before dawn near a two-story building. A New York subway line rumbled overhead, then an officer’s voice crackled over the radio.
After watching for about two hours, he said, “I think that’s Tango,” using a term for target.