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IRS Extends 2019 Income Tax Payment Deadline—States Soon to Follow

Best Practices Construction Law

In response to the COVID-19 Coronavirus pandemic, Treasury Secretary Steven Mnuchin announced Tuesday that Americans will have until July 15th to pay their 2019 federal income taxes—and without penalties or interest. No special filing with the IRS is required for this payment extension.

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Higher-income renters continue to drive what’s getting built and leased in the multifamily sector

BD+C

Starts of buildings with five or more housing units rose from December 2018 through December 2019 by 74.6% to a seasonally adjusted annual rate of 536,000, according to preliminary Census Bureau estimates. At the end of that period, the number of multifamily housing units under construction was up 7.3% to 177,000.

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November 2019 Brings Eight Top Construction Projects in US

Construction Cost Estimating

Especially, the last month, November 2019, has seen the start of a few major and important building projects. Let us move on to the list of the most important 8 American construction projects starting in late 2019 without further ado. We will highlight eight of the most important such projects today. Spreading over the expensive 4.3-acre

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Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. A 2019 survey by Zillow found 39% of potential buyers said student debt delayed their homebuying plans. Over the course of 13 years, college tuition increased 81.9%. A Hard Constraint. Read More. . Financials.

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3 Million Unemployed Renters Remain Burdened by Housing Costs

Pro Builder

There are an estimated 3 million renters who remain unemployed from March that face intense housing cost burdens. But even with the bonus cash, 43% of unemployment insurance income goes to rent, which is better than the 81.2% In 2019, almost half (48%) of workers in the accommodation and food services industries identified as renters.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

From the July/August 2019 Issue. 15th Annual Rankings: 2019 Metro Rankings Report. The startup ecosystem in the nation’s largest city is valued at an estimated $71 billion, leading the field in growth sectors, including life sciences and blockchain. By Business Facilities Staff. ATLANTA NO. 1 IN GROWTH POTENTIAL.

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Retrofitting Europe’s Homes: How Digital Construction can Support Greener, Affordable Housing

Autodesk Construction Cloud

In the Netherlands, it’s estimated that 850,000 extra houses will be needed by 2035. In 2019, 30% of the residents of these tenements were classed as fuel poor , meaning they pay more than 10% of their disposable income on heating. Housing is a crucial topic across Europe, where many countries are facing a housing crisis.

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