Saga of the shipwrecked San Rosa continues
New information has emerged on the ordeal endured by the crew of a shipwrecked boat the day it got into difficulty in rough seas off the East Coast.
Source: rnz.co.nz
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Abandoned: San Rosa shipwreck owners hard to track down - police
A shipwrecked boat on a remote East Coast beach has been ransacked as police and the harbourmaster work together to determine its fate.
Source: rnz.co.nz
NYC property owners defend 1031 exchanges, a lucrative tax break targeted by Joe Biden administration
On Tuesday the Biden administration moved to change the rules of the game. It proposed to eliminate the benefits of 1031 Exchanges when gains exceed $500,000. The proposal, which must be approved by Congress, is part of a series of measures the White House said would “ensure that high-income Americans pay the tax they owe under the law—ending the unfair system of enforcement that collects almost all taxes due on wages, while regularly collecting a smaller share of business and capital income.” Real estate and financial executives weren’t pleased to see 1031s under attack. James Whel...
Source: crainsnewyork.com