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Monticello: A Beautiful, Innovative Failure

Construction Knowledge

The architectural beauty combined with the incredible innovation just tickled me. Yet he devoted tremendous energy to running his estate of Monticello and died in bankruptcy. Brilliance often seems to get in the way of keeping attention on the simple yet essential functions of productivity (profit) and timing (cash flow).

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State by State Incentives Guide

Buisness Facilities Contributed Content

architectural and engineering, interest incurred during construction, etc.). Property taxes are forgiven for a period of time to allow the project to cash flow. Typically, tax-exempt IRBs have interest rates ranging from 70-85% of prime and are limited to $10 million per single issuance and $40 million total maximum per company.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

architectural and engineering, interest incurred during construction, etc.). Property taxes are forgiven for a period of time to allow the project to cash flow. TAX ABATEMENT: Cities, counties and school districts may use tax abatement to help finance certain economically beneficial projects.

Income 75