Danish Plan to Cut Tax Loophole Has Real Estate Funds Worried

(Bloomberg) — Real estate investors are trying to figure out how to block a proposal by Denmark to close a legal loophole through which they’ve enjoyed virtually unlimited tax deferrals on value gains.



a group of people walking down a street next to tall buildings: Pedestrians pass along a street lined with commercial and residential buildings beyond the parliament, top, in central Copenhagen, Denmark.


© Bloomberg
Pedestrians pass along a street lined with commercial and residential buildings beyond the parliament, top, in central Copenhagen, Denmark.

The plan, which still needs to go through parliament, represents the latest step by Denmark to rein in commercial property companies. The Social Democrat government has criticized the industry, arguing it’s padded its pockets while leaving average residents struggling to pay rent.

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“Foreign investors have been able to push back tax payments for eternities and that is of course completely unacceptable,” said Christian Raabjerg Madsen, a member of the parliamentary finance committee for the ruling Social Democrats, and the party’s finance speaker.

Denmark’s government wants to use the extra tax revenue to cover the

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Property owner backs out of sale 1 day after city announces plan for men’s homeless shelter

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MADISON, Wis. — Madison Mayor Satya Rhodes-Conway announced in a statement Wednesday afternoon that the attorney representing the owner of a property the city looked to purchase for a men’s shelter was withdrawing from their Purchase and Sale Agreement with the city.

“Obviously, this is unexpected and disappointing news,” Rhodes-Conway said. “But it will not deter the City and the County from our serious intent to develop a new shelter facility. Together we have laid out a $6 million dollar commitment to this project, and we are focused on moving it forward as expeditiously as possible. Alternative locations are already being examined anew. In the meantime, I want to express my gratitude to County Executive Parisi, to members of the Common Council, and to other community leaders for their support of

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To sell a unique property, you’ll have to create the right marketing plan

What can I do to appeal to people with money in order to sell the property? Most agents want to get the listing, put up a sign and just wait. I need help.

A: Well, it’s tough to sell your property if it isn’t listed. That’s just common sense. There are a lot of reasons properties don’t sell, but it typically comes down to poor marketing (so not enough people know about it), price (often, too high) or problems with the property (like the property is in poor condition or is not commercially viable). Any of these issues could mean your property will sit on the market, waiting a long time for just the right buyer to happen along.

The good news is that you have options to speed up the process.

First, let’s talk about unique properties. Whether your home is a large farm, ranch or mountain property, or

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Biden plan lags Green New Deal in fighting emissions from homes

Democratic presidential nominee Joe BidenJoe BidenNearly 300 former national security officials sign Biden endorsement letter Trump narrows Biden’s lead in Pennsylvania: poll Florida breaks first-day early voting record with 350K ballots cast MORE’s climate plan lags behind the Green New Deal when it comes to reducing carbon emissions by making homes more energy efficient, according to a new report.

Biden’s plan would reduce greenhouse gas emissions by 6.6 million tons by 2025 versus 263 million metric tons for the Green New Deal over the same period, according to analysis from Carbon Switch, which advocates for energy efficiency.

The difference largely boils down to the rate at which each plan calls for weatherizing homes. The Biden plan calls for weatherizing 2 million homes over 4 years. The Green New Deal’s call for a 10-year mobilization to upgrade all homes would require weatherizing 8 million homes a year compared to

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HHS, Drugstores in Distribution Plan for COVID Vaccine


“Early in the COVID-19 vaccination program, there may be a limited supply of vaccine. And our planning efforts need to focus on those at highest risk for developing severe illness from COVID-19, as well as on those who are critical to the response and providing direct patient care,” Jay Butler, deputy director for infectious diseases at the Centers for Disease Control and Prevention (CDC), explained in an Oct. 16 media call with reporters. “The highest risk are those in long-term care facilities.”

Under the new federal initiative, called Pharmacy Partnership for Long-Term Care Program, CVS and Walgreens will work directly with facilities to schedule and coordinate on-site clinic dates. (Some approved vaccines may require two shots, weeks apart.) The companies will also be responsible for managing vaccine supplies (syringes, needles, personal protective equipment, etc.), keeping the vaccine at the appropriate temperature, and reporting vaccine data to state, local and federal

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Read the plan commercial real estate firm JLL used to reopen offices

  • There are a lot of things to consider before reopening your office. 
  • Jones Lang LaSalle (JLL), a commercial real estate company, shared a slide deck that the company used to reopen nearly 140 North American offices and over 200 international offices across Asia, Europe, and the Middle East. 
  • Ray Hall, the HR head at JLL Americas division, and Kathryn Ditmars, managing director at JLL’s Americas division, explained what companies should keep in mind when planning to bring people back to the office. 
  • Visit Business Insider’s homepage for more stories.

Reopening offices during a global pandemic is a complicated process. 

As the coronavirus continues to surge across the world, companies are acknowledging that changes need to be made to safely reopen offices. IBM, for example, had to completely revamp its office before beginning to reopen earlier this year. 

Large companies are announcing delays to their reopening plans. In the past week,

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Trump health officials announce plan for free COVID vaccines in nursing homes

The Trump administration on Friday announced a partnership with two national pharmacy chains to distribute a potential coronavirus vaccine to residents of long term care facilities for free.

The partnership with CVS and Walgreens will allow health officials to prioritize a vaccine when one becomes available, so it can be administered to the most vulnerable populations.

There is no vaccine available yet. Pfizer, Moderna, Johnson & Johnson and AstraZeneca are each racing to develop one, but it will not be imminent.

Pfizer on Friday said it would not apply for an emergency authorization until the third week of November at the earliest, despite President TrumpDonald John TrumpFeds investigating if alleged Hunter Biden emails connected to foreign intelligence operation: report Six takeaways from Trump and Biden’s dueling town halls Biden draws sharp contrast with Trump in low-key town hall MORE‘s repeated pledges that a vaccine would be ready prior

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US announces plan to get COVID-19 vaccine to nursing homes

No vaccine has yet been approved by the Food and Drug Administration, and the distribution program is contingent on that happening first.

WASHINGTON — Federal health officials on Friday unveiled a plan to get approved coronavirus vaccines to nursing home residents free of cost, with the aid of two national pharmacy chains.

No vaccine has yet been approved by the Food and Drug Administration, and the distribution program is contingent on that happening first.

Under the plan, trained staff from CVS and Walgreens will deliver the vaccines to each nursing home and administer shots. Assisted-living facilities and residential group homes can also participate in the voluntary program. Nursing home staffers can be vaccinated too, if they have not already received their shots. Needles, syringes and other necessary equipment will be included.

The idea is to give hard-pressed states an all-inclusive system for vaccinating their most vulnerable residents, said Paul Mango,

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Feds unveil plan to get coronavirus shots to nursing homes

WASHINGTON (AP) — Federal health officials on Friday unveiled a plan to get approved coronavirus vaccines to nursing home residents free of cost, with the aid of two national pharmacy chains.



FILE - In this July 17, 2020 file photo, a senior citizen holds the hand of a care coordinator at a Health facility in Miami.  Federal health officials on Friday unveiled a plan to get approved coronavirus vaccines to nursing home residents free of cost, with the aid of two national pharmacy chains.
No vaccine has yet been approved by the Food and Drug Administration, and the distribution program is contingent on that happening first. (AP Photo/Wilfredo Lee)


© Provided by Associated Press
FILE – In this July 17, 2020 file photo, a senior citizen holds the hand of a care coordinator at a Health facility in Miami. Federal health officials on Friday unveiled a plan to get approved coronavirus vaccines to nursing home residents free of cost, with the aid of two national pharmacy chains.
No vaccine has yet been approved by the Food and Drug Administration, and the distribution program is contingent on that happening first. (AP Photo/Wilfredo Lee)

No vaccine has yet been approved by the Food and Drug Administration, and the distribution program is contingent on that happening first.

Under the plan, trained staff from CVS and Walgreens will deliver the vaccines to

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Train Car for Sale in Marfa, TX, Could Be a Cool Getaway Plan

The tiny town of Marfa wasn’t always a hip area for artists. Before the migration of creative types to this small speck of desert in west Texas, Marfa was a train city with lines rumbling right through town.

Even today, “the train is such a presence in Marfa,” says Lauren Meader Fowlkes of Far West Texas Realty. She’s the listing agent for a decommissioned caboose now on the market for $285,000. “We’re a town built around the rail line.”

Now, in a fun nod to the town’s railroad history, this Santa Fe Railroad steel caboose seeks a new owner. Built in 1948 as one of three for the rail company, the caboose was pulled out of service in 1984. The train car weighs just shy of 60,000 pounds.

The current owner has owned the caboose for years.

“She bought it for her 40th birthday,” explains Meader Fowlkes. “They’ve had it

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