HOUSE

Powell: We won’t wait for 2% inflation to cut rates

SFR operating costs rise

According to Kriston Capps of Bloomberg, President Biden proposed national rent control to cap annual rent increases at 5% for landlords with over 50 units, threatening the loss of federal tax write-offs for non-compliance. This initiative aims to address high housing costs and improve Biden’s voter support but faces challenges in a GOP-controlled Congress and a closely divided Senate, according …

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Exploring Aquidneck Island’s Nature Trails & Parks: A Haven for Outdoor Enthusiasts

Exploring Aquidneck Island’s Nature Trails & Parks: A Haven for Outdoor Enthusiasts

The Team at Hogan Associates July 17, 2024 6:00 pm /*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-social-icons.elementor-grid-0 .elementor-widget-container,.elementor-widget-social-icons.elementor-grid-mobile-0 .elementor-widget-container,.elementor-widget-social-icons.elementor-grid-tablet-0 .elementor-widget-container{line-height:1;font-size:0}.elementor-widget-social-icons:not(.elementor-grid-0):not(.elementor-grid-tablet-0):not(.elementor-grid-mobile-0) .elementor-grid{display:inline-grid}.elementor-widget-social-icons .elementor-grid{grid-column-gap:var(–grid-column-gap,5px);grid-row-gap:var(–grid-row-gap,5px);grid-template-columns:var(–grid-template-columns);justify-content:var(–justify-content,center);justify-items:var(–justify-content,center)}.elementor-icon.elementor-social-icon{font-size:var(–icon-size,25px);line-height:var(–icon-size,25px);width:calc(var(–icon-size, 25px) + 2 * var(–icon-padding, .5em));height:calc(var(–icon-size, 25px) + 2 * var(–icon-padding, 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.elementor-icon.elementor-social-icon{border-radius:10%}.elementor-shape-circle .elementor-icon.elementor-social-icon{border-radius:50%} Facebook X-twitter Instagram Linkedin Pinterest /*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Photo credit to Philip …

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Deducting HELOC interest on rental property: Tax rules explained

A home equity line of credit (HELOC) is a useful tool for investors wanting to upgrade their property or use the funds to buy a new property. However, the tax laws surrounding HELOC interest are often misunderstood. With a spotlight on IRS regulations, we dig into how you can benefit from these deductions in this article. We provide a clear …

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Is mortgage insurance tax deductible on a rental property?

Can deducting mortgage insurance reduce your taxable net income and put more money in your pocket? With the IRS’s maze of rules and regulations, pinpointing exactly what you can deduct can be confusing, especially when it comes to mortgage insurance.  Applying tax deductions on mortgage insurance for your rental property may not be your first thought when managing your investments, …

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Q2 2024 jobs data signals rate cut

Q2 2024 jobs data signals rate cut

Justin Lahart and Nick Timiraos of the Wall Street Journal report on last week’s jobs data, highlighting that the U.S. added 206,000 jobs in June, slightly surpassing expectations and maintaining a strong growth trend. However, the unemployment rate increased to 4.1%, indicating some weakness in the labor market, showing signs of gradually slowing down. Further, average hourly earnings increased by …

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Exploring the Best Bicycle Trails and Events in Newport County

Exploring the Best Bicycle Trails and Events in Newport County

/*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Photo credit to Peter Rintels /*! elementor – v3.22.0 – 26-06-2024 */ .elementor-column .elementor-spacer-inner{height:var(–spacer-size)}.e-con{–container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(–container-widget-width,var(–spacer-size));–align-self:var(–container-widget-align-self,initial);–flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(–container-widget-height,var(–spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px} /*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} One of the best ways to truly discover a place is on a bicycle, where you can …

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New home sale listings surge 35%, most in two years

built to rent rising

Margaret Jackson of Yahoo! News reports on new data showing the increasing popularity of the build-to-rent segment. In the first quarter, construction began on 18,000 single-family built-for-rent homes, marking a 20% increase compared to the previous year. This trend mainly focuses on major metropolitan areas such as Phoenix and Atlanta but also expands to other regions. Due to higher interest …

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Annual Regattas and Boat Races in Newport, RI: A Sailing Tradition

Annual Regattas and Boat Races in Newport, RI: A Sailing Tradition

/*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=”.svg”]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Photo credit to David Forster /*! elementor – v3.22.0 – 26-06-2024 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} Newport’s rich maritime heritage attracts sailors and boating enthusiasts from across the globe. With its ideal sailing conditions, picturesque harbor, and storied history, Newport is the perfect backdrop for a …

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Exploring the Culinary Delights of Newport County: A Guide to Local Food Festivals and Events

Exploring the Culinary Delights of Newport County: A Guide to Local Food Festivals and Events

/*! elementor – v3.22.0 – 17-06-2024 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block} Photo Credit Christine Chitnis for Edible Rhody From farm-to-table feasts to wine and food extravaganzas, Newport County offers a wide array of events that celebrate the region’s rich culinary heritage and vibrant local produce. These events not only showcase the best local flavors but also …

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Apartment starts tumble in Q2 2024

Younger renters staying put

Dana Anderson of Redfin reports on a new survey showing younger generations are likelier to move between rental units. Over half (55.5%) of Gen Z renters stayed in their homes for 12 months or less as of 2022, and another 40.6% stayed for one to four years. Just under 4% of Gen Z renters have lived in the same place …

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