Sandra E. Martin
From the Summer 2008 issue of MoneySense magazine
Minimalist Thoreau would decidedly not fit in with today’s recreational property owners. In fact, with more Canadians than ever now qualifying for millionaire status (upwards of 450,000, according to the consulting firm Cap Gemini), some folks don’t see the point of stopping at just a single […]

(Crain’s) — A Chicago condominium developer has paid $22.2 million for Carillon Square, a 76,000-square-foot retail-and-office complex in north suburban Glenview.
Charles Mudd acquired the property at 1412-1500 Waukegan Road from Lake Forest investor James Bouma, says Nikki Varveris, an agent at Kiser Group, the Chicago-based firm that brokered the sale.
Mr. Bouma, a one-time Chicago apartment […]

Introduction
This article on the foreclosure process is the second in a series of articles to be presented by the California Association of Realtors Strategic Defense Counsel and Panel members.AuthorD. W. Duke, Giardinelli & Duke, APCStrategic Defense Panel Member
A number of factors have led to the present crisis in the housing market. One of the initial […]

from:  http://jeffnabers.com
Many real estate investors boast of their tax strategy as involving one or more of the following:
Depreciation - This is a tax concept where the property owner pretends that his property is decreasing in value. For residential real estate, it assumes that the property’s improvements will become worthless over 27.5 years. In commercial real […]

Newsday.com
By PAUL FOY
AP Business Writer
4:52 PM EDT, June 23, 2008
PARK CITY, Utah
With the developer forced into bankruptcy, Hugh Smith worries about the $1 million he and a partner sunk into bare lots at Promontory, a half-built, sprawling residence club in a post-Olympic town saturated with second homes for wealthy Boomers.
As Promontory began showing signs of […]