Savings

Explanation of the six-year CGT rule: real estate investment

Have you ever wondered how you could be a real estate investor and avoid paying capital gains tax? The “six-year rule” might be your answer. To paraphrase the late Kerry Packer, anyone who isn’t trying to minimize their tax bill should have their head examined. Depending on your level of income, capital gains tax or […]

Savings

Inflation and retirement savings | ThinkAdvisor

What do you want to know Many clients struggle to save enough for retirement. Fewer have put in place defenses against inflation. Some annuities offer features that can help owners increase their income over time. Inflation is a major concern for many people lately. As the consumer price index hits 40-year highs, your customers might […]

Savings

Tax savings for physicians who own real estate

Cost segregation is a tax deferral method that preloads capital cost allowances. For many doctors, ownership is a key part of planning their business. Having your practice in a building you own gives you control of the property and potentially additional income. For example, owning a larger building than you need for your own practice […]

Savings

Pag-IBIG raises dividend rates for savings

MANILA, Philippines – The state-run Real Estate Development Pool (Pag-IBIG) has increased dividend rates for regular and voluntary savings after approving a record 31.79 billion pesos in dividends for members Last year. Housing Secretary and Pag-IBIG President Eduardo del Rosario said the agency had adjusted the dividend rates for regular savings to 5.5% and for […]

Savings

My wife and I have $750,000 in savings and earn over $144,000 a year. Can we afford to spend $5,000 a month on housing?

Financial advisors recommend spending no more than 30% of take-home pay on housing. I have always followed this rule and now have $750,000 in cash savings. But now I have to take a big step. Are there ever exceptions to this that make sense? My wife and I have just learned that we are pregnant […]

Insurance

The professional liability insurance market is booming worldwide with American International Group, Alliance Insurance PSC, Qatar Insurance Company

Professional indemnity insurance market research is an intelligence report with meticulous efforts undertaken to study the correct and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. The business strategies of key players and new industries entering the market are studied in detail. A well-explained SWOT […]

Spending

The home version of the Must-Pass Spending Package includes a lab provision on the retirement plan

2. Senior Fraud Prevention Act of 2022 This section, page 1919 of the Rules Committee PDF, would create a senior fraud advisory office at the Federal Trade Commission. The office would help seniors and their caregivers deal with “mail, television, internet, telemarketing and robocall fraud targeting seniors, including descriptions of the most common fraud schemes.” […]

Savings

Social Security COLA No Match for Inflation – These Retirement Savings Options Could Help

Retirement / Social Security BraunS/Getty Images Despite the cost of living adjustment (COLA) of 5.9% for 2022, the highest in decades, seniors continue to lose purchasing power due to inflation. According to The Motley Fool, COLAs have notoriously done a poor job of helping the elderly during times of high inflation. This is true even […]

Savings

Cambridge Housing Authority and Caritas Communities work with Cambridge Savings Bank to support programs focused on tackling homelessness in Boston

Through donations and tailored loan solutions, CSB provides strategic capital to provide affordable housing in local communities CAMBRIDGE, Mass., March 03, 2022–(BUSINESS WIRE)–Cambridge Savings Bank (SCB)a full-service mutual bank with a customer-centric approach and more than $5 billion in assets, today announced financial support for two organizations addressing homelessness in the Boston area: Cambridge Housing […]

Insurance

Insure The Box Ltd, Ageas SA/NV, Admiral Group Plc. – business ethics

the Usage-Based Insurance Market The research report is a competent and top-down research by specialists on the current state of the industry. This statistical survey report provides the latest industry insights and future industry patterns, allowing you to single out items and end customers driving development and revenue benefits. The report presents an overview of […]

Insurance

Life, Retirement, Health and Disability Insurance Market Past Research, In-Depth Analysis and Current Data with Sompo Japan Nipponkoa, Chubb (ACE), Mapfre

The Life, Pension, Health & Disability Insurance reports provide a detailed overview of the global market size and share. It gives the historic information and forecast data for six years which incorporates information about the financial information of the global market. Key partners can refer to the information, tables and figures highlighted in this research […]

Spending

Data Center Deployment Spending Market Expected to Witness Robust Expansion by 2029

the Data Center Deployment Spending Market The research report is a competent and top-down research by specialists on the current state of the industry. This statistical survey report provides the latest industry insights and future industry patterns, allowing you to single out items and end customers driving development and revenue benefits. The report presents an […]

Spending

Tampa tenants spend nearly half their wages on rent as inventory dwindles, study finds

TAMPA, Fla. (WFLA) – The scale of the problems American residents face finding affordable housing has grown to the point that not only is it bad in the United States, but a new study indicates that prices are bad in the whole world. To top it all off, Tampa is one of the top cities […]

Savings

20 for the Next 20: Tony Mizuno, American Savings Bank

The SVP and Manager of Commercial Real Estate Loans at American Savings Bank oversees more than 20 low-income housing projects statewide. Tony Mizuno at the American Savings Bank headquarters in Chinatown. | Photo: Aaron Yoshino Tony Mizuno Senior Vice President and Director of Commercial Real Estate Lending, American Savings Bank Tony Mizuno wasn’t sure if […]

Income

Production expenses up, net farm income down

The most recent USDA farm income forecast, released Feb. 4, projects a slight decline in net farm income for 2022. Net farm income in the United States, a broad measure of farm profitability, is currently forecast to $113.7 billion, down 4.5%, or $5.4 billion. , from $119.1 billion in 2021. If realized, it would represent […]

Insurance

Edinburgh insurance broker Bruce Stevenson eyes acquisitions as revenue rises

The Edinburgh-based company, which has offices in Glasgow, the Borders and Turriff, has also revealed that it is in talks to take on top recruits and hopes to recruit more over the coming year, adding to an existing workforce of 110 people. Chief Executive Edward Bruce said: “Our new owner gives us more firepower to […]

Savings

February FGN Savings Bond Sales End Today

By Adedapo Adesanya The Governor of Ogun State, Mr. Dapo Abiodun, has called on Egyptian and Ethiopian investors to increase foreign direct investment in the state. According to a statement, the governor made the plea during an investment tour with Ethiopian Minister of Industry, Mr. Ato Melaku Alebal, in Addis Ababa. In particular, he wants […]

Savings

Michigan’s First-Time Home Buyers’ Savings Program A Big Win According To Real Estate Professionals | News

Michigan’s first-time homebuyer savings program a big win, say real estate professionals MICHIGAN, United States (WJRT) – A new bill that just passed into law could help first-time home buyers battle rising home prices and insurance rates. Governor Gretchen Whitmer on Wednesday signed bills creating Michigan’s […]

Income

Residential Vs Commercial: Where to invest to get the best rental income?

Investment oi-Sunil Fernandes Through Atoul Ganga | Posted: Friday February 4th 2022, 12:43 PM [IST] Recovering from the challenges posed by the coronavirus pandemic, India’s real estate sector is booming, positive and on course for a strong recovery. Despite a roller coaster ride in 2021 and the milder third wave of the Omicron virus, the […]

Spending

Why spending power is key to winning the French presidential election

While France’s general shift to the right has quickly propelled immigration and security issues to the top of the electoral debate, recent protests show that people are actually more bothered by their diminished purchasing power. Now the candidates for the April vote are collapsing with promises to keep money in people’s pockets. “The price of […]

Income

From home loan tax benefits to stamp duty refunds, here’s what buyers expect from Budget 2022

Although demand for housing has increased in recent months, given the current state of real estate and in an effort to give new impetus to buyer sentiment, a lot needs to be done. The Modi government is striving to provide “housing for all” by 2022. However, this still seems like a distant dream as the […]

Spending

China must increase public spending

China needs to increase government spending to support a slowing economy due to coronavirus shutdowns and a slowdown in the real estate sector, according to the International Monetary Fund. The policy suggestions came after the fund slashed its growth forecast for China in 2022 to 4.8%, with the report noting that risks to that forecast […]

Income

Grocery spending in California accounts for eight percent of income

The current run of inflation in the US economy is putting pressure on household finances nationwide. The second half of 2021 saw several consecutive months of higher than usual price increases, reaching an overall inflation rate of 6.8% from November 2020 to November 2021. Wages have also increased in recent months, but not at a […]