More than 30 years ago, the tax law was changed to come down
hard on passive investors by limiting the losses they could claim under the
passive activity loss (PAL) rules. The Tax Cuts and Jobs Act (TCJA) did not
make a distinction between active and passive investors when it comes to the
qualified business income (QBI) deduction. But there is a different problem for
real estate investors to resolve.
Read more: https://bit.ly/2GCZlm5
Q: I am about to sign an agreement with a real estate agency
to sell my home. The agent said I had to provide a huge amount of information
about me and my family trust before I could sign the agreement and they would
list my home. This isn’t my first time at the rodeo, as I’ve bought and sold
before, but this is the first time this has ever happened to me. For example, I
sold my mother’s home last year, and they hardly asked for any identification.
Do they think I’m up to something or is this a new requirement?
Read more: https://bit.ly/2SSNNBw
A capital gains tax would lead to lower house prices as
property investors flee the market to avoid getting stung with the new tax, New
Zealand’s biggest real estate lobby group says.
Read more: https://bit.ly/2U4b8ga
Two weeks ago this column told the story of how the Edmonton
International Airport (EIA), in the late-’90s, overcame internal conflict
(consolidating two airports into one) and the indifference, if not outright
hostility, to its very existence from the airline industry itself.
Read more: https://bit.ly/2BP7RdA
Retail sales in Alberta remained relatively flat in December
compared to November at just under $6.8 billion, according to Statistics
Read more: https://bit.ly/2STpMdv
OPEC+ is taking massive amounts of oil off the market,
allowing crude prices to post yet another week of gains.
Read more: https://bit.ly/2Ixh8wN
Three weeks into February, Calgary’s residential resale
market continues to struggle with a high level of listings of homes for sale
and soft demand.
Read more: https://bit.ly/2VdfkKL
John Clarke says Niche Developments’ original goal wasn’t to
build eco-friendly condominiums and apartments, but the Edmonton-based
company’s president says marrying prefabricated concrete and structural steel
to geothermal heating is the future for large, sustainable buildings.
Read more: https://bit.ly/2tBx32s
The tide could be turning in Calgary’s housing market.
That’s one key takeaway from a recent report from Canada Mortgage and Housing
Read more: https://bit.ly/2BKF0qI
A new organization aims to make Alberta a global centre of
excellence for the Internet of Things, a phrase that refers to the millions of
physical objects — from lightbulbs and home appliances to cars and industrial
devices — that are now connected to the internet.
Read more: https://bit.ly/2tzQjgQ