

FP Answers: Can I save tax by transferring an investment property to a corporation?
FP Answers: Can I save tax by transferring an investment property to a corporation?
The potential transfer of the property presents an opportunity to take back tax-free cash from your corporation

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Developer MEPC aims to set a new city benchmark for sustainability, wellbeing and smart connectivity with the next phase of its northern gateway regeneration scheme. The planned buildings – 2 and 3 Angel Square – have been designed by architect Cartwright Pickard and will complement the landmark 1 Angel Square, and 4 Angel Square, which is due to be completed in early 2023. Work is due to start following completion of 4 Angel Square. Planned to be net zero carbon operational energy, the b...
Developer MEPC aims to set a new city benchmark for sustainability, wellbeing and smart connectivity with the next phase of its northern gateway regeneration scheme. The planned buildings – 2 and 3 Angel Square – have been designed by architect Cartwright Pickard and will complement the landmark 1 Angel Square, and 4 Angel Square, which is due to be completed in early 2023. Work is due to start following completion of 4 Angel Square. Planned to be net zero carbon operational energy, the b...
OSHA is in the process of developing a federal standard to protect workers from exposure to dangerous heat conditions, which it currently doesn't have. That — combined with summer weather and heat waves sweeping many parts of the country — is boosting attention to heat-related health problems among construction workers. "Construction workers as a whole are at risk of heat-related illness," said Gavin West, director of nanomaterials research at The Center for Construction Research and Trainin...
OSHA is in the process of developing a federal standard to protect workers from exposure to dangerous heat conditions, which it currently doesn't have. That — combined with summer weather and heat waves sweeping many parts of the country — is boosting attention to heat-related health problems among construction workers. "Construction workers as a whole are at risk of heat-related illness," said Gavin West, director of nanomaterials research at The Center for Construction Research and Trainin...
In a trading update for the six months to 30 June 2022 Cala reported 1,527 completions to June 2022 – an increase of 3% on the 1,479 units completed last time. Pre-tax profit hit £98m from £77.6m on turnover up to £688m from £600m. Kevin Whitaker, CEO at Cala Group, said: “The first half of 2022 has seen the group deliver a very strong performance, ahead of forecast units, turnover and pre-tax profits. “The strength of the sales market in 2021 has continued into this financial year a...
In a trading update for the six months to 30 June 2022 Cala reported 1,527 completions to June 2022 – an increase of 3% on the 1,479 units completed last time. Pre-tax profit hit £98m from £77.6m on turnover up to £688m from £600m. Kevin Whitaker, CEO at Cala Group, said: “The first half of 2022 has seen the group deliver a very strong performance, ahead of forecast units, turnover and pre-tax profits. “The strength of the sales market in 2021 has continued into this financial year a...
Dive Brief:
Nearly 90% of active New York City construction sites visited by the state comptroller's office had safety issues, and the city's Department of Buildings doesn't effectively prioritize which sites get inspected, a new report found.
Officials from the New York State Comptroller visited 18 active construction sites last summer and reported 16 of those sites had a total of 77 safety issues, such as: not having a site safety manager, missing or incomplete site safety logs and daily insp...
Dive Brief:
Nearly 90% of active New York City construction sites visited by the state comptroller's office had safety issues, and the city's Department of Buildings doesn't effectively prioritize which sites get inspected, a new report found.
Officials from the New York State Comptroller visited 18 active construction sites last summer and reported 16 of those sites had a total of 77 safety issues, such as: not having a site safety manager, missing or incomplete site safety logs and daily insp...
Fairly Inconsequential Friday Ahead of a Very Consequential Week Ahead Despite feeling like a bumpy ride at times, the bond market actually didn't do anything too interesting today--at least in the context of the bigger picture. During times of less volatility, it would indeed be interesting to note that MBS gave up roughly half a point between 9am and 4pm, but in today's case, it was just an extension of yesterday's trend and very safely inside this week's trading range. For more consequent...
Fairly Inconsequential Friday Ahead of a Very Consequential Week Ahead Despite feeling like a bumpy ride at times, the bond market actually didn't do anything too interesting today--at least in the context of the bigger picture. During times of less volatility, it would indeed be interesting to note that MBS gave up roughly half a point between 9am and 4pm, but in today's case, it was just an extension of yesterday's trend and very safely inside this week's trading range. For more consequent...
Homeowners in the top ten states with the highest share of same-sex couples are paying on average $116,730 more for their property than those in the ten states with the lowest percentage of LGBTQ+ households, according to a new LendingTree report. Vermont, Massachusetts and New Mexico have the highest shares of same-sex couples with 2.082%, 2.071% and 2.064%, respectively. Meanwhile, South Dakota has the lowest percentage, with only 0.726% of households occupied by same-sex couples. North Dako...
Homeowners in the top ten states with the highest share of same-sex couples are paying on average $116,730 more for their property than those in the ten states with the lowest percentage of LGBTQ+ households, according to a new LendingTree report. Vermont, Massachusetts and New Mexico have the highest shares of same-sex couples with 2.082%, 2.071% and 2.064%, respectively. Meanwhile, South Dakota has the lowest percentage, with only 0.726% of households occupied by same-sex couples. North Dako...
As stockings are hung by the chimney with care, workers have high expectations that holiday bonuses will soon be there. The practice of giving bonuses looks a little different today amid soaring inflation and recession concerns. While many companies stick with protocol, and some even provide rewards specifically because of economic conditions, the way companies calculate bonuses is evolving. Analysts say companies across industries are rewarding good employee performance in a tight labor market ...
As stockings are hung by the chimney with care, workers have high expectations that holiday bonuses will soon be there. The practice of giving bonuses looks a little different today amid soaring inflation and recession concerns. While many companies stick with protocol, and some even provide rewards specifically because of economic conditions, the way companies calculate bonuses is evolving. Analysts say companies across industries are rewarding good employee performance in a tight labor market ...
The most expensive home ever put up for sale on Nantucket is getting a lot of interest from potential buyers — just a week after it was listed for $56 million, according to the listing agents.
The most expensive home ever put up for sale on Nantucket is getting a lot of interest from potential buyers — just a week after it was listed for $56 million, according to the listing agents.
A few weeks ago, expectations ramped up for the Fed to hike rates by 100bps at the conclusion of today's meeting. That sentiment lasted only a few days before Fed speakers spoke up in unison in favor of a 75bp hike. Weaker economic data since then has removed all doubt. All that to say the hike itself will not be news today. Rather, it will be the framing of the Fed's reaction function going forward. The recently weak econ data gives Powell a chance to remind the market that inflation ...
A few weeks ago, expectations ramped up for the Fed to hike rates by 100bps at the conclusion of today's meeting. That sentiment lasted only a few days before Fed speakers spoke up in unison in favor of a 75bp hike. Weaker economic data since then has removed all doubt. All that to say the hike itself will not be news today. Rather, it will be the framing of the Fed's reaction function going forward. The recently weak econ data gives Powell a chance to remind the market that inflation ...
Dive Brief:
NASA awarded the JSC Engineering, Technology and Science (JETS) II contract at the Johnson Space Center in Houston (pictured above) to Jacobs Engineering Group, according to a NASA press release.
The Dallas-based construction services firm will provide engineering, design, development, technology, facility operation and maintenance work for the JSC Engineering Directorate.
The contract maximum value is estimated at approximately $3.9 billion over 10 years, according to a Jacobs pre...
Dive Brief:
NASA awarded the JSC Engineering, Technology and Science (JETS) II contract at the Johnson Space Center in Houston (pictured above) to Jacobs Engineering Group, according to a NASA press release.
The Dallas-based construction services firm will provide engineering, design, development, technology, facility operation and maintenance work for the JSC Engineering Directorate.
The contract maximum value is estimated at approximately $3.9 billion over 10 years, according to a Jacobs pre...