Category: Tax shelters

Juicy rationalization: Part 2, Just change one screw

6 November, 2012 (09:10) | Co-ops, Condominiums, Incentives, Local issues, Loopholes, New York City, Real estate taxes, Rent control, Tax incentives, Tax shelters, Theory, US News |

[Continued from yesterday’s Part 1.] By:David A. Smith   I don’t know who to trust.  I don’t know who likes me. Well, you don’t have that problem here.  You know I don’t like you. –The Big Chill   Yesterday’s post demonstrated, as evidenced but not analyzed in a New York Times (October 15, 2012), that […]

Juicy rationalization: Part 1, New York’s $37,500,000 gift to Sandy Weill

5 November, 2012 (16:44) | Co-ops, Condominiums, Incentives, Local issues, Loopholes, New York City, Real estate taxes, Rent control, Tax incentives, Tax shelters, Theory, US News |

By:David A. Smith   “Rationalization is more important than sex.” “Come on, nothing’s more important than sex.” “Oh really?  Have you ever gone a week without a rationalization?  Personally, I can’t get through a day without three or four really juicy rationalizations.” –The Big Chill   While for every loophole there may be a hundred […]

Max Kargman, 1908-2005

8 August, 2005 (14:32) | Affordable Housing, Boston, Communities, Personal, Tax shelters |

It’s not every day you get to acknowledge someone whose business career is older than your industry.   Max Kargman, who died over the weekend, was born in 1908, when Theodore Roosevelt was president and the United States still had troops in Cuba after our victory in Theodore’s Spanish-American War (ten years earlier).   Times […]