When encumbered property is sold, the taxation of that sale is different if the sale involves recourse debt as opposed to nonrecourse debt. This difference raises an intriguing question: when debt ...
A “debt” arises by virtue of the receipt of money or acquisition of property by an individual who has a corresponding obligation to repay the creditor/lender in money or money’s worth. The terms ...
Robert Fulghum wrote a popular book, “All I Really Need to Know I Learned in Kindergarten.” There is much merit in his book. We now know that cold milk is not good for everyone, but the basics of the ...
A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t have the ...
Wade McGuinn had navigated almost four decades of up-and-down cycles as an adversity-tested, strong-reputation-driven, three-market homebuilder out of Columbia, S.C. McGuinn – like many a ...
MINNEAPOLIS, MN / ACCESSWIRE / March 5, 2024 / Air T, Inc. (NASDAQ:AIRT) (the "Company") recently announced the closing of a direct, structured $15,000,000 private note transaction with a major ...
HONG KONG, Feb 4 (Reuters) - State-owned China National Chemical Corp (ChemChina) plans to borrow about $30 billion in recourse loans to help fund its $43 billion bid for Swiss seeds and pesticides ...
Brookfield engages in various sectors, focusing on areas with future value and the need for private capital. Concerns exist about Brookfield's real estate segment and its debt structure. The company ...
Sunrun's Q1 GAAP profitability and lower entry point warrant a second look, but high debt and deteriorating equity remain major concerns. The business model relies heavily on tax credits and ...
Americans have a lot of debt. According to a report from the Federal Reserve Bank of New York, total household debt as of the second quarter of 2025 amounts to $18.4 trillion, largely made up of ...