Master Limited Partnerships are a useful investment for minimizing your tax bill says Jim Nelson. They are trusts mainly comprised of natural resource, financial services, and real estate assets. Jim picks five small-cap MLPs that should provide steady income without the burden of double taxation.
The residential real estate sector is in shambles and, some economists say, will not recover until the end of 2010, at the earliest. Now it looks like commercial real estate may be the next block to fall in our “Jenga economy.”
Sometimes the worst markets hide the best profit opportunities. And you don’t get much worse than the housing market at the moment. Jonas Elmerraji says prefab manufactured housing is making a big comeback in devastated real estate industry. He says investors can play this emerging trend with small cap firms like Skyline Corp (NYSE:SKY) and Champion Enterprises (NYSE:CHB).
Want to have some fun with the latest news? Go to the government’s housing price databank and get a much clearer picture of the situation than the headlines will give you. Today’s headlines are blaring that home prices just recorded their biggest drop ever—minus 4.8% this past quarter. Oh woe, oh woe. In the gloom, reports barely mention that a few states are showing some mild improvements in prices.
Gold didn’t do much on Friday until Sydney closed for the weekend. Then it began a gentle rise through the balance of Hong Kong and most of London trading.
Investing in Real Estate Investment Trusts has several tax advantages. Todd Schoenberger tells us about one particular REIT that is worth adding to your portfolio.
Why housebuilders are demanding state hand-outs… More hilarity in the housing industry this weekend. Builders are now demanding state help. As housing sales have collapsed, the construction industry faces mass redundancies, while house builders themselves have seen their share prices dive.
There’s more bad news ahead for the U.S. economy as home foreclosures continue to rise. One out of every 483 U.S. households is at some stage of the foreclosure process, and with that many displaced or struggling homeowners, the economic recovery may well take longer than expected.
Why inflation is bad news for the high street. You’d expect the slump in the housing market to take its toll on the high street. And indeed it has.
Foreclosure filings in the US rose 48% on the previous year in May, providing further evidence of a deepening housing market slump.
“While the U.S. housing market is still searching for its bottom, the situation is much livelier just south of the border.” says Sara Nunnally in Taipan Daily. “Mexico’s housing sector is seeing a strong resurgence.”
