By Reba Hull Campbell Richard Burts, Robert Lewis, and Bob McConnell bought 701 Whaley in Olympia in 2006. Over the course of the next two years, they restored the building so it could be used as an event space and as office space. Photography by Clark...
Published by Mark O’Meara on Tuesday, June 2, 2020 While COVID-19 is affecting the global economy, low-income housing tax credit (LIHTC) investors and syndicators say the tax credit equity market is still active. “Investors are continuing the course. They are moving forward on projects and continuing their business plans,” said...
By Astrid Martinez Published: Jul. 10, 2020 at 11:27 PM EDT ATLANTA Ga. - Coronavirus is affecting state’s economies in so many ways. And here in Georgia, shutdown orders have brought the state’s film industry to a halt. Now unions and guilds that represent film and TV workers have released...
The low-income housing sector won’t be greatly affected and will recover quicker than other real estate categories. By Tasha Norman | May 15, 2020 at 05:14 PM The COVID-19 crisis is leading to economic uncertainty and it is predicted will result in an economic recession. Yet, according to studies, the...
INSIGHT: Reverse Loophole Exploited by IRS Threatens Economic Revitalization May 12, 2020, 10:14 AM The IRS is taking advantage of a “reverse loophole” to deny a benefit to taxpayers intended by Congress. Jenny Johnson Ware of McDermott shows how the IRS is denying conservation easement deductions to...
By Riley Bunch rbunch@cnhi.com Apr 8, 2020 Jill Nolin | The Valdosta Daily Times A wall is designed to protect the fictional town of Alexandria from zombies as well as fans of the popular AMC show ‘The Walking Dead.’ ATLANTA — While demand for movies and television...
Published by H. Blair Kincer on Thursday, April 16, 2020 - 12:00am The coronavirus pandemic, or COVID-19, is having a huge impact on global health and the economy. At this time, opinions from low-income housing tax credit (LIHTC) investors and syndicators present a wide range of viewpoints...
Enlarge Since November 2017, 52 commercial and industrial properties have sold in Atlanta Opportunity Zones, funneling a total of $78 million in new capital to those areas. Dan Reynolds Photography By Heather Martin – Contributor Sep 25, 2019 Atlanta’s population and job numbers are booming. Property values are rising....
By Mike Stover When tax season arrives, everyone wants to know the magic trick to lower their tax burden. But terms like credits, exemptions, and deductions often have clouded meanings. Are they the same thing, or does each have a distinct purpose? Do I as a taxpayer...
‘Opportunity Zones’ hope to bring economic boost to Savannah communities By Jessica Savage | November 12, 2019 at 5:31 PM EST - Updated November 12 at 7:24 PM SAVANNAH, Ga. (WTOC) - A federal initiative meant to transform poor communities by offering lucrative tax breaks...