We have $8 million in traditional IRAs. Should we tap them to buy a house — and take the tax hit?
“We would rather pay taxes upfront than pay mortgage interest.”
“We would rather pay taxes upfront than pay mortgage interest.”
Q3 earnings sentiment turns defensive as Walmart deepens the warning !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments, a 162-unit multifamily community in Sumner, Washington. Delivered in 2024 by the sponsor, Sumner Mill Apartments is a 3.89-acre garden-style community located at 5816 162nd Avenue East with a mix of studio, one-bedroom and two-bedroom apartment…
He said brokers can use that to gain an advantage over lenders outside the renewal window. “Lenders aren’t reaching out to your clients saying, ‘Hey, by the way, you might be able to save money by breaking that three-year fixed term from a couple of years ago,’” he said. “They don’t have the incentive to…
Intel (INTC -4.06%) posted its fastest revenue growth in nearly 15 years last month, with second-quarter revenue rising 25% year over year to $16.1 billion. But the unit the company’s whole transformation is staked on, Intel Foundry, is still deep in the red. The chipmaking arm lost $2.1 billion in the quarter on $5.8 billion…
There was no summer slowdown for Manhattan’s office market, where available space is rapidly dwindling, rents are soaring and Midtown has hit a key milestone. The amount of available office space in Midtown fell to 27.7M SF by the end of the third quarter, matching the figure from March 2020, according to a new Colliers…
“You’ll see requirements out in the market and [tenants] have 10 options, 15 options. So when we get a deal, we have to move fast. There’s a lot of urgency and anxiety on the landlord’s side to be able to get it done.” That’s Julian Freeman (pictured above), partner with Cox, Castle & Nicholson, on…