New Build America Investments initiatives will boost economy and rebuild aging infrastructure
The chief executive officer of the Associated General Contractors of America, Stephen Sandherr, issued the following statement in response to the new Build America Investment Initiatives By President Obama:
"The new Build America Investment initiatives outlined by the Obama administration today will help boost our economy and help rebuild aging infrastructure. The steps being taken by the administration should make it easier for state and local officials to finance a wide variety of projects designed to upgrade aging clean water systems, improve power transmission networks and keep our roads and bridges safe.
"While these measures will help, taken on their own they will not solve the growing challenge we face as a nation of maintaining and upgrading our aging water, energy and transportation infrastructure. That is why we will continue to work with the Congress and the Obama administration to identify and enact long-term measures that establish the sufficient and stable funding needed to rebuild and improve our aging infrastructure."
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
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While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: