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Philadelphia installed white roofs on about 340 low-income seniors’ homes from 2001–2003; ceiling temperatures fell 4–5°F, and air-conditioning electricity use fell by 560 kWh per yearIn Philadelphia, the initiative to paint roofs white resulted in a remarkable decrease in home temperatures and energy consumption. This co...- Florida couple bought 3 condos for $360,000 and now collects $4,530 a month in rent: How they built a 'very healthy' rental portfolioA couple in Florida bought three occupied condos for $360,000 in 2022, and the properties now generate $4,530 a month in rent. He shared ho...
- Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
- 19-year-old YouTuber builds 300-sq ft. tiny home on parents’ property for $45,000. Here's why more Gen Z are choosing to live independentlyA nineteen-year-old built her own tiny home on her parents' property, avoiding rent. This trend highlights young Americans seeking independ...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- What does ‘middle class’ really mean in India? Even Rs 2.5 lakh monthly earners say they are not ‘rich’. 3 factors can explain whyWhat does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still doe...
- Sumadhura Group to invest Rs 17,000 crore in developing 45 million sq ft in four yearsSumadhura Group plans a Rs 17,000 crore investment for 45 million sq. ft. development. This includes 35 million sq. ft. of residential proj...
- Sumadhura Group to invest Rs 17,000 cr on realty projects, land acquisitionThe Sumadhura Group is gearing up for a massive investment of Rs 17,000 crore, set to complete by March 2030. This extensive funding will d...
- India’s senior living market could become a $10.1 billion opportunity by 2030The senior living market in India is expected to blossom, with projections indicating it could reach USD 10.1 billion by 2030. This growth ...
- Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...
- Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...
- Want to build wealth? CA shares the simple Marwadi money rule behind their financial successCA Nitin Kaushik highlighted the Marwadi money rule of buying something only when you can afford it twice in cash. CA Paaras Gangwal shared...
- Gurgaon RWA sought charitable trust registration with rental and maintenance income; ITAT Chandigarh rejected RWA’s appeal for this reasonRWA earned rent by letting out common areas and collected maintenance from residents and seeked charitable trust registration; ITAT Chandig...
- Returning to India from the UK? Capital gains and inheritance tax may still applyNon-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your t...
- IPO-bound Rentomojo pins growth on 'hard-to-copy' supply chain moatRentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment....
- Rentomojo set to go public at Rs 4,246 crore valuation, set to raise Rs 1,256 crore via IPOIn its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, e...
- Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private roundThrough its public offering, Rentomojo is raising Rs 150 crore in fresh capital, while investors including Accel, Chiratae Ventures and Val...
- Bengali Hindu landlord’s Rs 1.89-crore rental income faced tax dispute over HUF status: Why ITAT Delhi gave reliefBengali Hindulandlord earns Rs 1.89 crore rental income in Delhi, reports it in his HUF’sITR; Income Tax dept rejects it on the ground that...
- Gamer invested Rs 2.61 crore to play online rummy and poker games; loses net Rs 28 lakh, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT BangaloreGamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; ...
- Man cannot be ordered to pay maintenance to estranged wife beyond his means: Delhi courtIn a recent ruling, a Delhi court determined that maintenance payments must align with a spouse's financial capability. The decision came a...
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