The Cooperator: The Cooperator's 25th Annual Co-op & Condo Expo

Jules Frankel  A4496678Shareholder Jules C. Frankel was featured in this article that originally appeared in The Cooperator.

The Cooperator's Co-op & Condo Expo celebrated its 25th anniversary show in fine style with hundreds of exhibitors and educational opportunities for co-op and condo boards and residents throughout the tri-state area. Since 1987, the Expo is a fixture on the business calendar of vendors, service providers, board members, building staff and residents.

The Cooperator: The Impact of Arrears

Jules Frankel  A4496678Shareholder Jules C. Frankel was featured in this article The Cooperator.

As the recession has lingered on since 2008, co-op and condo buildings throughout the city—from luxurious downtown buildings to middle-income and lower-income walkups—have found more of their residents in arrears with their monthly fees. Some of these people have lost jobs, and unemployment has forced them to prioritize (and sometimes skip) their monthly bills.

The Cooperator: Understanding Your Finances

Jules Frankel  A4496678Shareholder Jules C. Frankel was featured in this article that originally appeared in The Cooperator.

For a crystal-clear picture of how a co-op board or condo association is doing, there are few better lenses than the community's budgets and financial reports. From an investment perspective, they show the association board, property managers, the unit owners/shareholders and tenants whether the property is solvent or not.

The Times of India: What Indian Americans should do when they inherit property in India

Vinay 97984Shareholder Vinay S. Navani was featured in this article that originally appeared in The Times of India

In an ongoing series, we have seen various aspects of inheritances of property in India by Non Resident Indians (NRIs). We've seen the importance of a Will, how to transfer title on inherited property, sale of inherited property and repatriation of proceeds thereon etc. Let us now look at what happens if you are a US resident, Green Card holder or citizen and receive inheritance from India.

The Economic Times: What Indian Americans should do when they inherit property in India

Vinay 97984Shareholder Vinay S. Navani was featured in this article that originally appeared in The Economic Times

In an ongoing series, we have seen various aspects of inheritances of property in India by Non Resident Indians (NRIs). We've seen the importance of a Will, how to transfer title on inherited property, sale of inherited property and repatriation of proceeds thereon etc. Let us now look at what happens if you are a US resident, Green Card holder or citizen and receive inheritance from India.

NJ CPA: Avoiding New Jersey Gross Income Tax Pitfalls

Principal Karen Schirmacher, CPA, MST and Karen Schirmacher  A4497032Supervisor Lauren Landolfi were featured in this article that originally appeared in NJSCPA.

The New Jersey state income tax is a tax on gross income, so losses and deductions are only allowed in limited situations. Income is categorized into different buckets.” While all income is taxed at the same rate, taxpayers cannot offset losses from one bucket with income from another. Individuals owning businesses held in separate entities (e.g., S corporations, LLCs and partnerships) are most likely to be affected by this issue. The following examples illustrate the impact of this rule. Avoiding New Jersey Gross Income Tax Pitfalls

 

Published: Sept 2011

 

 

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