With the latest estimates on the sharing economy hitting the stratosphere, more and more mainstream brands are tiptoeing into the territory carved out by names like Zipcar, Uber and Airbnb.
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Real estate depreciation… no, not the kind you feel after your neighbor bought a house next to yours at half the price, but the kind that can put more money in your pocket. To stimulate investments in real estate, and thus the economy, the congress enacted tax benefits towards real estate investments in 1971. There are typically two methods for deducting depreciation, either the declining balance switching to straight line, or just straight line. Most people take a straight line approach towards depreciation.
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Playa Vista has been the center of modern innovation in Los Angeles for quite some time. You may be thinking of aerospace – it was where Howard Hughes’ legendary Spruce Goose airplane was built in a hangar on land previously owned by the billionaire. Now it is ground zero for technology & internet companies in LA, as technology giants such as Facebook, Google and Yahoo are setting up offices there. Previously the hot spot was in Santa Monica, but it has moved south to Playa Vista where there is a less expensive, roomier office to be built, bought or leased.
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