This Playground for the Rich Is the Most Economically Unequal City in America

Fortune.com Chris Matthews Jun 17, 2016 When the average person thinks of a place where the super rich are getting even richer, it’s likely that places like New York City or Silicon Valley come to mind. But according to a new report from the Economic Policy Institute, the most economic unequal metro area in America […]

Wilson, Wyo.: A Low-Key Ski Town for America’s Wealthy

Wilson, Wyoming was featured last December in the Wall Street Journal after being ranked No.1 in the U.S. in the average adjusted gross income ($296,778), according to IRS data. In the tiny town of Wilson, Wyo., residents eat trout and eggs at Nora’s Fish Creek Inn. On Sunday nights, they head to the Stagecoach Inn […]

The Top 10 Ski Resorts In North America For 2017

The exercise of picking a ski resort, of where to spend a ski trip, offers travelers a unique problem to solve. All manners of things enter a skier’s decision: snow, terrain, lodging, airports, prices and, of course, the novelty of experience. So picking a ski resort for spring break 0r the New Year’s holiday is […]

Is the Luxury Housing Market in a Slump?

According to Redfin.com, an online blog about the luxury real estate market, the global economic volatility rocked the U.S. luxury housing market in the first quarter of 2016, with the average sale price of luxury homes slipping 1.1% compared to last year. To read more, go to: https://www.redfin.com/blog/2016/05/is-the-luxury-housing-market-in-a-slump.html

5 Ways Rich People Save Money on Real Estate Transactions

Andrew Lieb Managing Attorney, Lieb at Law, P.C.; Founder, Lieb School Huffington Post 5/14/2015 Closing Adjustments: Sellers get repaid at the closing for all of their prepaid service contracts and supplies that they transfer to the purchasers. To do this, sellers identify each contract that they have prepaid for the carrying costs of their home. […]

Jackson Hole Report Celebrates 20 Years

A 20th anniversary is a milestone by any stretch of the imagination. But 20 years of success in a market as dynamic as Jackson Hole’s is truly worth a toast: When we embarked on this analytical adventure in 1994, we set out to understand the subtleties beneath reported sales by tracking down every single real […]

US Tax Court Ruling Could Save Real Estate Trusts Millions

US Tax Court Ruling Could Save Real Estate Trusts Millions According to an article on real-estate resource Inman News, the U.S. Tax Court recently overturned the IRS by ruling that a trust can qualify as a real estate professional, a decision that confers attractive tax benefits on trusts with significant real estate holdings. Now, qualifying […]

More Home Buyers are Bringing All-Cash Offers to the Table

More home buyers are bringing all-cash offers to the table.  Recently reported in the Washington Post business section, nationwide almost 40% of all real estate transactions are being negotiated with cash offers. Here in Jackson Hole we tipped the scales back in 2010 and have seen over 50% of all transactions using cash at the […]

Wyoming Ranks as Most Tax-Friendly State for Retirees in the Lower 48

Kiplinger August 2013 Just as you shouldn’t let tax considerations drive your investment decisions, you shouldn’t move to a state just because its taxes are low. But if you’re considering several retirement destinations, taxes should certainly be a factor because they can have a significant impact on the amount of income you’ll have to spend […]

Wealthy N.Y. Residents Escape Tax With Trusts in Nevada

By Richard Rubin Dec 17, 2013 Bloomberg.com Wealthy Americans looking to avoid state income taxes are moving billions of dollars in assets to trusts in no-tax states such as Delaware, Nevada and Alaska. The maneuvers are getting fresh scrutiny from officials in states including New York, which is losing an estimated $150 million a year through such tax avoidance. As […]