March 20, 2008 Recognizing that many taxpayers who own properties primarily for rental income use them occasionally for personal purposes, the Internal Revenue Service (IRS) in February clarified safe harbor rules for personal use of properties that are held under IRC Section 1031 as for productive use or for investment. These properties qualify for deferred payment […]

 By Jim MooringTelegram Columnist
Monday, March 17, 2008

Real estate is basic to all of us.
It is unavoidable. We walk on it every day.
Wars are fought over it. Great nations build wealth acquiring it. Because it is so basic, it is inevitable that it is the most versatile of all investments.
The home we live in, […]

 
 
Stocks slide on Bear scare
 
By Alexandra Twin, CNNMoney.com senior writer
March 14, 2008: 12:53 PM EDT
 
NEW YORK (CNNMoney.com) — Stocks tumbled Friday afternoon after news that Bear Stearns is taking emergency funding exacerbated fears that the financial firm is in a liquidity crisis.
 
The Dow Jones industrial average (INDU) lost 1.6% roughly three hours into the session. […]

 
Dollar’s clout sinks worldwide

By ALAN CLENDENNING, AP Business Writer

Antique store owners in lower Manhattan, ticket vendors at India’s Taj Mahal and Brazilian business executives heading to China all have one thing in common these days: They don’t want U.S. dollars.
Hit by a free fall with no end in sight, the once mighty U.S. dollar is […]

 
Precious metal hits key level on fears about economy and further weakness in the dollar.
March 13, 2008: 9:03 AM EDT

NEW YORK (CNNMoney.com) — Gold prices touched the $1,000 milestone for the first time ever Thursday as the dollar plunged and amid fears about the health of the U.S. economy.
After weeks of flirting with the key […]