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I'm comparing private CRE partnerships(LP role) to publicly traded MLP's where one is an individual investor. I suppose there are partnerships that invest in energy/pipelines but to my knowledge these are far less in number than partnerships focusse…
We'll have to agree to disagree.
I am referring to LP's in a partnership as you stated.
I have owned publicly traded MLP's that generate K1's and they're nowhere close to the depreciation that private REIT's generate.
I don't think 1031 exchanges…
I should have been more specific. The article's claim of private LLC's dying isn't true in today's world, most certainly not after the passage of the JOBS Act.
The ability of LP's in a real estate private LLC to get the benefits of depreciation tha…
The Journal of Accountancy article from 1997 isn't relevant in today's world especially after the rise of crowdfunded CRE following the JOBS Act in the 2010's.
Private CRE is not the right vehicle if liquidity is paramount but the major pro is bein…
I likely have the contra view here but this is a good time to start CRE funds. Lotsa defaults coming up in the next few months, solid opportunities to buy at 20-40% discounts.
There's news on the interwebs today that some PE/VC firms are buying bac…
GDP as a whole is a meaningless number. GDP per capita is the meaningful number.
India and China are not generally considered rich economies on a per capita basis, certainly nowhere close to GDP per capita levels of the G7.
No disagreement that Ch…
There isn't any limit actually to the number of meals in a day -- at least in the Dallas and Austin offices. Food is served pretty much all day.
Tech cos do this to incentivize staff to spend longer hours in the office. This is a pretty standard pl…
There is also another means to start a position. An existing investor can transfer 1 unit into the account of a new investor and voila new investor can now build a position.
I don't know if PRWCX or TRAIX have minimums on the retail side, the entry…
Hi Charles
In the screener, the 'Alpha Rating' selection under the Alpha Beta metrics section is not working. On selection of value 4 - 5: Above Average, the result page displays
Alpha Beta Metrics
• Alpha Rating (In Type):
Also any selection o…
A technical default (even if it lasts just a couple of days) is almost certain imo. Nothing is off limits for the current band of crazies in the House. McCarthy does not care as long as he stays Speaker, he will cave in to anything.
More than 70% o…
Pretty early start to the drama
SS/Medicare cuts are off the table and definitely no cuts to any paychecks or pension plans for federal employees.
So the brunt will fall on other departments -- Treasury, Defense, Education, etc.
@all
CEO pay is outrageous but so is the case with public sector unions. I am not familiar with public sector pay in CT but it is beyond insane in CA at both state and local govt. levels. The class that gets really hosed is private sector non-union…
My 2c
In the event of a default, US debt holders would (initially at least) get the highest priority followed by SS/Medicare (potentially with some haircuts). FDIC would imo be behind SS/Medicare and very likely behind federal workforce pay too. An…
I would short the USD or go long on international currencies.
I doubt there will be an actual default but there will be plenty of destabilizing theatrics in advance of the debt limit being raised.
Modi and his party do have an authoritarian bent but India has a rule of law and free and fair elections. At no point has India come anywhere close to a Jan 6 type event and the country does not suffer a situation where close to 50% of the populatio…
All countries look after their self interest whether direct or indirect. To assume otherwise is naive.
For example, the US does not shower Israel with $4B annual for love only.
UK exiting EU but still wanting favorable trade terms with Europe.
Et…
The issue isn't about the system knowing where the crews are. It is about re-routing the crews to where the need is (managing schedule deviations). The automated re-routing is what the SkySolver system does and it buckled under the load.
I was surp…
baseball
I looked at portfoliovisualizer, different data than M* though admittedly I didn't check if PV data is end of last trading day or end of prior month.
The market will yoyo in 2023 based on reading the tea leaves around the terminal rate, how long the terminal rate will stay at that level and when the inevitable drug of QE will be released.
I use BitWarden for my corporate accounts and LastPass for personal. Will probably switch out of LP soon.
My prior references to SIM hijack was an attacker taking control of your phone number through the port process, not emulation.
2FA can also b…
The notion of account aggregation services being 100% safe based on the collection of beliefs below is .... [fill in the blank]
- There isn't a detailed hack manual
- There aren't in the public domain dozens of published cases
- Published RH hacks …
I'm writing fiction David, I've already stated that explicitly. Here is some more fiction about zero click attacks
https://www.csoonline.com/article/3660055/zero-click-attacks-explained-and-why-they-are-so-dangerous.html
Meanwhile you on the other…
Snippet below from a Dec 14, 2022 post is a figment of imagination from both Krebs and Microsoft. They both have overactive imaginations. You have been warned.
--
The security updates include patches for Azure, Microsoft Edge, Office, SharePoint …
Sarc: Off
Any device connected to the internet can be hacked. To pretend otherwise is naivete that will not serve you well.
And yes any really means any -- PC, phone, Xbox, lightbulb, thermostat, car, garage door opener, etc.. I repeat in case y…
@david
Boy you love to bluster and also change the goalposts I see. Inspired by the current soccer World Cup?
So we went from "show me how a brokerage account can be wiped, post some links" to "without operator error, how can an account be wiped" …
@OJ
Credentials is a commonly used synonym in InfoSec circles for anything that can be used to login to an account. That includes userid/pswd but can also include other things like hard and soft tokens, 2FA, MFA, pictures, retina scan, fingerprints…
@david
You need to remove the cobwebs and emerge into the light a la Rip Van Winkle.
Reddit isn't TikTok for starters -- it is used by much more than teens, $85K isn't chump change, that's a lot of money for the vast majority of the population. Te…
@David
Carry on with your belief that brokerage accounts cannot be wiped.
Interesting to note that you did not provide any substantive response at all to the other points I made -- e-mail hijack, SIM hijack etc..
The CNBC link within the 2nd link…
PersCap is Personal Capital which provides free account aggregation as a hook to get you to subscribe to their paid services.
It's a fantastic product (by far the best aggregation service I have seen and I have used 5+) but not zero risk by any str…
@david
I have zero interest in educating you on how brokerage accounts can be hacked, how your account can be wiped and writing an instruction manual on the topic.
I'm not offended if you choose to not believe anything I've stated here but I enco…
https://clearcode.cc/blog/what-is-data-broker/#wait…-is-this-legal?
Literally every single physical and digital entity that you interact with is selling the data that comes from that interaction. Epsilon, Acxiom, Oracle etc.. have 10,000 data point…
@Derf
I can't make out if your post is sarcasm or not but I'll assume it is not.
To answer your question in broad strokes, anytime you are online, regardless of whether you have a @gmail address or not, the site you are visiting has the technical …