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Tax pitfalls of investing in foreign real estate (CNN Money) - Dear FSB: Can an S-Corp invest money into foreign real estate and consider that a business expense?
Hypo Real Estate Sinks on Pretax Profit, Dividend Cut (Update2) (Bloomberg.com) - Jan. 15 (Bloomberg) -- Hypo Real Estate Holding AG had its biggest decline ever in Frankfurt trading after the German commercial property lender said pretax profit fell in 2007 and that it will cut its dividend. The shares tumbled 35 percent.
2007’s real estate market hot, 2008’s market will be hotter (Vietnam Net) - VietNamNet Bridge – The real estate market was really scorching in 2007, which makes people believe that it would be burning in 2008. It is expected that 40 foreign investment funds will disburse $20bil worth of capital into the market this year.
'Rent bidding' ban unnecessary: real estate agents (ABC via Yahoo!7 News) - Tasmanian real estate agents have rejected reports of rent bidding in the state.
European Stocks Fall; Tesco, Burberry, Hypo Real Estate Drop (Bloomberg.com) - Jan. 15 (Bloomberg) --European stocks declined the most in almost eight weeks after Tesco Plc reported sales that trailed estimates, Hypo Real Estate Holding AG's profit dropped and reports signaled slowing regional and U.S. economic growth.
Siemens May Sell Real Estate, Reorganize Units (Update3) (Bloomberg.com) - Jan. 15 (Bloomberg) -- Siemens AG, Europe's largest engineering company, may sell some real estate holdings and technology subsidiaries to generate cash for expansion.
European Stocks Fall; Tesco, Burberry, Hypo Real Estate Drop (Bloomberg.com) - Jan. 15 (Bloomberg) --European stocks declined the most in a month after Tesco Plc reported sales that trailed estimates, Hypo Real Estate Holding AG's profit dropped and economic reports signaled slowing regional and U.S. economic growth.
European Stocks Fall; Tesco, Burberry, Hypo Real Estate Drop (Bloomberg.com) - Jan. 15 (Bloomberg) -- European stocks declined, led by retailers and financial companies, after Tesco Plc reported holiday sales that trailed analysts' estimates and Hypo Real Estate Holding AG's profit dropped.
Hypo Real Estate Pretax Profit Falls; Dividend Cut (Update1) (Bloomberg.com) - Jan. 15 (Bloomberg) -- Hypo Real Estate Holding AG, the German commercial-property lender that acquired Depfa Bank Plc, said pretax profit fell in 2007 and that it will cut its dividend. The shares tumbled more than 27 percent, their most ever.
German Stocks Fall; Hypo Real Estate Shares Have Record Decline (Bloomberg.com) - Jan. 15 (Bloomberg) -- Germany's benchmark DAX Index fell for the first time in three days. Hypo Real Estate Holding AG shares dropped the most ever after the commercial-property lender said it will cut its dividend.
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Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg) - Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.
Maine real estate taxes down (Boston Globe) - The real estate slump is resulting in declining real estate transfer tax collections across northern New England.
Real estate mogul dead in apparent suicide (Chicago Sun-Times) - Steven Good, a major figure in Chicago real estate, was found shot dead in a Kane County wildlife preserve, police said Monday. Good, 52, appeared to be the victim of a self-inflicted gunshot wound, police said. They said his body was found in a car parked in the Max McGraw wildlife preserve near East Dundee.
Suburban real estate CEO found dead (Daily Herald) - The chairman and chief executive officer of a Chicago-based real estate firm was found dead of an apparent self-inflicted gunshot wound Monday in a Kane County Forest Preserve, police said.