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  • Congressional Commission Urges Ban on Sale of American Assets to Chinas StateOwned

    first_img Show Discussion A gas station of the state-owned oil company PetroChina in Chengdu, Sichuan Province, on Aug. 25, 2005. (China Photos/Getty Images)  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   Share China-US News center_img Share this article Congressional Commission Urges Ban on Sale of American Assets to China’s State-Owned Enterprises By Paul Huang November 17, 2017 Updated: November 25, 2017 WASHINGTON–A new report by the U.S.–China Economic and Security Review Commission (USCC) calls for a complete ban on allowing China’s state-owned or state-controlled companies to buy U.S. assets. The policy recommendation reflects the growing concern among China experts that China’s incursions into the U.S. economy, especially in areas sensitive for national security, might eventually help the Chinese regime to attack the United States.The annual report by the USCC on developments in U.S.–China economic and security issues includes recommendations for U.S. policymakers, including “prohibiting the acquisition of U.S. assets by Chinese state-owned or state-controlled entities, including sovereign wealth funds.”Chinese foreign direct investment in the United States has been booming for years, reaching a record high of $45.6 billion in 2016—triple the total from the year before, according to a report by the economic research firm Rhodium Group. Many of these investments are made by China’s state-owned enterprises (SOEs), which are controlled by the Chinese regime.The USCC report states: “Chinese [foreign direct investment] is targeting industries deemed strategic by the Chinese government, including information and communications technology, agriculture, and biotechnology. These investments lead to the transfer of valuable U.S. assets, intellectual property, and technology to China, presenting potential risks to critical U.S. economic and national security interests.”Chinese SOEs can evade legal action in the United States by invoking their status as a foreign government entity under the Foreign Sovereign Immunities Act.What makes the matter worse, according to the USCC, is the fact that Chinese SOEs can evade legal action in the United States by invoking their status as a foreign government entity under the Foreign Sovereign Immunities Act.“The opaque nature of China’s financial system makes it impossible to verify the accuracy of Chinese companies’ financial disclosures and auditing reports. Chinese businesses continue to list on U.S. stock exchanges to raise capital, despite operating outside the laws and regulations governing U.S. firms,” the report states. At the report’s release, Michael Wessel, a USCC commissioner, said that although the report only recommends the banning of Chinese SOEs, private Chinese companies would still be subjected to security reviews to examine their acquisition of U.S. assets in the context of national security.‘Long Overdue’ ScrutinyAccording to Gordon Chang, an analyst who specializes in East Asia economic and security issues, Chinese acquisition of American assets is a serious issue to which policy responses have been “long overdue.”“China has been buying technologies that have military applications, and no one [in the United States] wants to see that,” said Chang.While the USCC’s report in 2016 also made the same recommendation to completely ban Chinese SOEs from acquiring U.S. assets, Chang points out that there is now a higher chance for it to be enacted. With the Trump administration in power, new people are steering U.S. policy on China.Congress has also launched its own initiative to tackle Chinese investments. On Nov. 8, the Senate’s No. 2-ranking Republican, John Cornyn, introduced a bill known as the Foreign Investment Risk Review Modernization Act (FIRRMA), which he said will prevent foreign investments in the United States that pose a risk to national security.While the bill does not specifically name China, it was clearly in the crosshairs when Cornyn delivered a speech on Nov. 14 in which he said “it’s time for the U.S. to adopt a new policy on China” as it is “vacuuming up U.S. technologies whenever it can.” last_img read more

  • Survivor of New Mexico Bus Crash Gave Birth to Twins Hours Later

    first_imgQualityAuto 1080p720p480p360p240pRewind 10 SecondsNext UpLive00:0000:0000:00ChromecastClosed CaptionsSettingsFullscreen  click to watch video Survivor of New Mexico Bus Crash Gave Birth to Twins Hours Later By Reuters September 1, 2018 Updated: September 1, 2018 US News A pregnant survivor of the collision between a passenger bus and semi-trailer truck on a New Mexico interstate that killed eight people, gave birth to twins just hours after the crash, hospital officials said on Friday.The woman, who was not identified by name, was in stable condition after giving birth at a Rehoboth McKinley Christian Health Care Services clinic, said Addie Patel, the hospital’s chief quality officer.The two newborn babies were in neo-natal intensive care at University of New Mexico Hospital (UNMH) in Albuquerque, Sonlee West, a surgeon there and director of the hospital’s trauma unit, told reporters at a news conference. It was not immediately known if the infants were born prematurely.  Rewind 10 SecondsNext UpLive00:0000:0000:00ChromecastClosed CaptionsSettingsFullscreen  click to watch video Eight people were killed when a Greyhound passenger bus collided head-on with a semi-trailer truck blew a tire on Interstate 40 in New Mexico and jumped a highway median strip, colliding with a Greyhound bus in the town of Thoreau, about 100 miles (161 km) west of Albuquerque.Photos showed a truck on its side with the trailer’s cargo scattered across the highway and the Greyhound bus upright, but with its front end obliterated.Most of the 49 passengers on the Phoenix, Arizona-bound bus were injured in the wreck and taken to local hospital. Emergency crews at New Mexico bus crash site First responders working the scene of a collision between a Greyhound passenger bus and a semi-truck on Interstate 40 near the town of Thoreau, N.M., near the Arizona border, Thursday, Aug. 30, 2018. (KQRENews13 via AP)Their injuries ranged from spine and pelvic fractures to broken legs, West said.“Several of them will have a long road of recovery ahead,” she said.Three of the six victims taken to UNMH were in critical condition, but the condition of the rest had not been released, said spokeswoman Cindy Foster. Share this articlecenter_img  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   Share Show Discussionlast_img read more

  • Boy Asks President Trump for a Hug While Visiting Volunteers

    first_img U.S. President Donald Trump set off for North and South Carolina to help with the recovery, his first stop was in North Carolina on Sept. 19.Trump arrived in New Bern on Sept.19 to meet everyone who was affected by the hurricane.While Trump was handing out food at the Temple Baptist Church, a young boy with a black cap named Tucker asked the President for a favor.“Can I have a hug?” said Tucker.“Yes! Come come here!” said Trump.The old lady standing behind them, also a volunteer said “now you made me cry” after Trump embraced Tucker. Trump then had photos taken with Tucker and another boy.Trump hands out food to hurricane victims U.S. President Donald Trump greets people while distributing food after Hurricane Florence in New Bern, N.C., U.S., Sept. 19, 2018. (Kevin Lamarque/Reuters)U.S. President Donald Trump warned South Carolina on Sept. 19, “water is coming your way” in the aftermath of Hurricane Florence, as the death toll from the massive storm rose to at least 36 after two women were swept away in a sheriff’s van.Trump made his comments after visiting an emergency operations center in Conway, South Carolina, and speaking to residents who were preparing to evacuate as rivers rose.“Over the next couple of days, it’s going to get rough in South Carolina … Whatever you need from Washington, we are there,” Trump told state and local officials at a briefing.“Now it looks nice, but it’s really the calm before the storm,” Trump said, referring to water draining into rivers and waterways after Florence’s epic deluge over the weekend. The storm made landfall on Friday as a Category 1 hurricane.The slow-moving storm has since been downgraded to a tropical depression and moved into the U.S. northeast.The deaths of at least 36 people have been attributed to the storm, including 27 in North Carolina, eight in South Carolina and one in Virginia.Cars submerged in water after hurricane Cars sit in flooded waters due to Hurricane Florence, now downgraded to a tropical depression, in Kinston, N.C., U.S., Sept. 19, 2018. (Eduardo Munoz/Reuters)The latest victims were two women in South Carolina who drowned on Sept. 18 when a sheriff’s department van in which they were riding was swept away by floodwaters.Some 2,600 people had been rescued by boat or helicopter in North Carolina alone since the storm hit land, according to the state department of public safety.Some 10,000 people remained in shelters and over 160,000 customers were without power across North Carolina as darkness fell on Sept. 19, the department said.Cape Fear RisingAlthough the storm has moved on, river flooding still poses a danger.The Cape Fear River crested at 61.5 feet (19 meters), four times its normal height, on Sept. 19 in Fayetteville, North Carolina, according to the National Weather Service. The city of 200,000 is near the Fort Bragg Army base in the southern part of the state.Floodwaters have disrupted efforts to restore power, clear roads and allow evacuated residents to go home.Wilmington, just down the coast, remained almost completely cut off by flooding from the Cape Fear River and earlier storm surges.At least 16 rivers remained at a major flood stage, with three others due to crest in the coming days in North Carolina, according to forecasts.“People in flood prone areas or near waterways need to remain alert as rivers crest and stay above their banks in coming days,” North Carolina Governor Roy Cooper said in a written statement. “Stay alert, and stay safe.”Many areas remained cut off by floodwaters and inundated roads. The storm dumped up to 36 inches (91 cm) of rain in parts of North Carolina.Environmental damage was also mounting as human and animal waste was swept up in roiling floodwaters.Floodwaters have caused 21 hog “lagoons,” which store manure from pig farms, to overflow, creating a risk of standing water being contaminated with bacteria like salmonella, according to the state’s Department of Environmental Quality. North Carolina is one of the leading hog-producing states in the country.Experts have said that climate change has increased the likelihood of more massive, sluggish storms like Florence, capable of dropping record amounts of rain and touching off catastrophic flooding.Trump, who has been criticized for the federal government’s handling of Hurricane Maria in Puerto Rico last year, told officials at a briefing before going to the Marine Corps Air Station Cherry Point in Havelock, North Carolina, “We’re going to be there 100 percent.”He visited a church in New Bern, a town of 30,000 people at the confluence of the Neuse and Trent rivers that was hit especially hard by flooding, and joined volunteers in passing out boxed meals to people in a drive-through line.He walked through a neighborhood lined with discarded wet furniture, hugging residents and posing for pictures.By Jeff Mason Boy Asks President Trump for a Hug While Visiting Volunteers By Reuters September 20, 2018 Updated: September 20, 2018 QualityAuto 1080p720p480p360p240pRewind 10 SecondsNext UpLive00:0000:0000:00ChromecastClosed CaptionsSettingsFullscreen  click to watch video  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   Share this articlecenter_img US News Show Discussion Sharelast_img read more

  • US News

    first_img US News The Mueller Report Leaves Behind Collateral Damage By Stephen Gregory April 18, 2019 Updated: April 19, 2019 Share this article Show Discussion  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   center_img WASHINGTON—For individuals such as J.D. Gordon, the release of the Mueller report is at best bittersweet. It marks an end to the investigation that he says has done him and others an “immeasurable amount of damage,” but he doesn’t see it as a conclusion to a fundamentally un-American episode in our national life.Before the Mueller investigation started, Gordon was known as a retired Navy commander, a former Pentagon spokesperson, a foreign policy adviser to three presidential candidates, and the proprietor of a communications firm. After the investigation began, Gordon feels that his reputation was attacked, and that he and his family were terrorized.As the national security director for the Trump campaign, he expected to be nominated for a senior administrative position, perhaps an ambassadorship. However, he told NTD that with the shadow of a possible indictment hanging over him, that opportunity went up in smoke.He has had to pay five-figure legal bills as he defended himself in testimony before three different congressional committees and before the special counsel multiple times.He has also had to try to defend his character, as he said news media, sometimes relying on leaks of confidential testimony, have reported false accusations against him.And then there have been cyberstalking and death threats. Gordon’s case is not unique.Michael Caputo is a former Trump campaign adviser who has his own communications firm. He has recorded 58 threats of violence against him and his family. There was what he describes as a credible threat to burn down his house with his children inside. A USA Today columnist wrote on Twitter that his two toddler daughters should be raped.Caputo wrote in Politico, “I lost most of my clients, lost staff, closed offices, nearly lost our home, drained my children’s college fund and struggled to pay the smallest bills.”Caputo spoke of those being investigated being forced to keep silent about what they had endured. Now that the Mueller investigation has ended, they are talking, and Caputo said the stories of “cratered lives” are common.Gordon said about 50 Trump associates were called to testify before the special counsel and congressional committees. Altogether, he counted 500 witnesses called by the Mueller investigation.He is shocked at what he has seen unfold during the past two years: “It’s something that happens in third-world countries and banana republics. Not something I’d ever see in the United States.” He said top-level law enforcement, the media, and Democrats in Congress “worked to just destroy a presidency and destroy people around him.”Gordon said he is still trying to defend himself, “because the investigations have not stopped just because the Mueller investigation has stopped.”“A lot of lives are ruined needlessly just because of a political hoax.”NTD reporter Holly Kellum contributed to this report. Follow Stephen on Twitter: @StephenEpoch Share Pentagon spokesman Cmdr. J.D. Gordon introduces family members of victims of the Sept. 11, 2001, terrorist attack, in Guantanamo Bay, Cuba, on Jan. 19, 2009. (BRENNAN LINSLEY/AFP/Getty Images)last_img read more

  • AMBER Alert – Alameda and Surrounding Counties The

    first_imgAMBER Alert – Alameda and Surrounding CountiesThe child was taken by an unknown suspect from Oakland, CA, in a 2005 Silver Mercedes Sedan – License Plate – 8GIY743.@oaklandpoliceca IF SEEN, CALL 911 pic.twitter.com/dIRreraUOa— CHP – Alerts (@CHPAlerts) May 12, 2019 Share A 30-year-old Georgia man is facing multiple charges after allegedly throwing a 13-year-old girl from his car during a high-speed chase.The incident took place in Columbia, South Carolina, at around 3 a.m. on Sunday, July 7, after deputies approached a vehicle in an empty parking lot, the Richland County Sheriff’s Department said, via Fox News.According to WIS-TV, Derek Jerome Nelson is being charged with criminal sexual conduct, assault and battery of a high and aggravated nature, sexual exploitation of a minor, solicitation to commit a felony, dissemination of obscene material to a person under 18, and failure to stop for blue lights.Deputies cited by The State indicated that when they approached the empty car early Sunday, they saw the suspect climb from the back into the driver’s seat and speed off.The sheriff’s department cited in the report said deputies set off in pursuit and during the chase, one of them reported seeing what he thought were parts of the vehicle flying through the air.The driver was eventually stopped and arrested. He reportedly told officers he was “hooking up” with a girl he met online and she had jumped out of the car during the chase. The 13-year-old girl—who suffered injuries to her hands, arms, and legs—was found by other deputies and taken to the hospital. She reportedly told the police she was “thrown from the car” by her boyfriend.Nelson, who was wearing nothing but a T-shirt at the time of his arrest, reportedly told deputies he thought the girl was 18 but had referred to her in a message as “my 13-year-old doll.”He was being held at the Alvin S. Glenn Detention Center.Abducted 3-Year-Old Found SafeIt comes after Oakland Police announced that a 3-year-old girl abducted in a carjacking has been found and the suspect is in custody.She had been abducted at around 8:10 p.m. on Saturday, May 11, by an unknown suspect as she was inside a silver 2005 Mercedez-Benz sedan.The Oakland Police Department posted an update on the case on May 12, saying on Twitter that the little girl was found safe shortly before 2 a.m. Sunday morning.“OPD located missing 3-year-old child who was reported taken during a carjacking. Child is safe. The suspect in the carjacking has been taken into custody.” Crime and Incidents Missing ChildrenThere were 424,066 missing children reported in the FBI’s National Crime Information Center in 2018, according to the National Center for Missing and Exploited Children (NCMEC). Under federal law, when a child is reported missing to law enforcement they must be entered into the database. In 2017, there were 464,324 entries.national-center-for-missing-children Reve Walsh and John Walsh speak in Washington on May 18, 2011. (Kris Connor/Getty Images)“This number represents reports of missing children. That means if a child runs away multiple times in a year, each instance would be entered into NCIC separately and counted in the yearly total. Likewise, if an entry is withdrawn and amended or updated, that would also be reflected in the total,” the center notes on its website.“Unfortunately, since many children are never reported missing, there is no reliable way to determine the total number of children who are actually missing in the U.S.,” NCMEC (National Center for Missing & Exploited Children) added.In 2018, the center said it assisted officers and families with the cases of more than 25,000 missing children. In those cases, 92 percent were endangered runaways, and 4 percent were family abductions.The center said that it participates in the Amber Alert Program, which is a voluntary partnership between numerous entities including broadcasters, transportation agencies, and law enforcement agencies. The Amber Alert Program issues urgent bulletins in the most serious child abduction cases.According to the NCMEC, to date, 941 children have been successfully recovered as a result of the Amber Alert Program.The center notes that of the more than 23,500 runaways reported in 2018, about one in seven were likely victims of child sex trafficking. Follow Tom on Twitter: @OZImekTOM OPD located missing 3 year-old child who was reported taken during a carjacking. Child is safe. The suspect in the car jacking has been taken into custody. pic.twitter.com/niKs1KgKLj— Oakland Police Dept. (@oaklandpoliceca) May 12, 2019  LINKEDINPINTERESTREDDITTUMBLRSTUMBLEUPON   center_img Earlier, California Highway Patrol issued an amber alert in connection with the child’s disappearance with an urgent request for anyone with information to call 911. Stock photo of police tape marking a crime scene. (Mark Ralston/AFP/Getty Images) Georgia Man Allegedly Throws 13-Year-Old Girl From Car in High-Speed Chase By Tom Ozimek July 10, 2019 Updated: July 10, 2019 Share this article Show Discussionlast_img read more

  • The Canadian Press It was May 8 2016 and the For

    first_imgThe Canadian PressIt was May 8, 2016, and the Fort McMurray wildfire was in full blaze.Municipal and provincial leaders had gathered to discuss a response when Chief Allan Adam of the Athabasca Chipewyan First Nation walked in wanting to know how their plans would affect Indigenous communities.“All these heads started looking at each other and they had no answers for me,” he recalls. “It was clearly evident they had no plans for emergency procedures for First Nations in the surrounding area.”That’s also the main conclusion of a lengthy report by 11 Indigenous communities in and around Fort McMurray. It was funded by the Red Cross and is the result of two years of surveys, meetings and focus groups.“You had this breakdown in understanding,” said Tim Clark, the consultant who wrote the report.The Fort McMurray wildfire became one of Canada’s worst natural disasters.More than 88,000 residents fled their homes and more than 2,400 structures were damaged or destroyed. The estimated cost was pegged at about $10 billion and nearly 6,000 square kilometres in northern Alberta were scorched.There were no deaths directly caused by the fire, but the report suggests that wasn’t because things went smoothly.Nobody knew who was in charge, it says. Between municipalities, the province and Ottawa, responsibility for Indigenous communities was up in the air.There were few relationships and less trust between government and First Nations groups, says the report. Indigenous leaders weren’t included in the Regional Emergency Operations Centre.“You had Fort McMurray First Nation, just east of Fort McMurray, and they didn’t even know there was an emergency operations centre,” Clark said. “(The municipality) did not reach out to First Nations because it assumed they were being dealt with by the federal government.”Most residents from the nearby hamlet of Janvier left for safety in Lac La Biche, 175 kilometres away. But when a few Janvier kids acted up, everyone, including elders, was rousted and moved again _ some back to Janvier, which was still under threat.Re-entry after the fire was similarly tone-deaf, the report says.Registration centres were held in schools, institutions many Indigenous people are reluctant to enter.“The moment you opened up the Friendship Centre re-entry centre, it was immediately filled with people,” said Clark.“There were a lot of people who weren’t going to those (schools).”There was also initial doubt about whether residents would be allowed to rebuild in the Waterways neighbourhood _ one of the oldest parts of Fort McMurray and settled by Indigenous people generations ago.“The municipality understood it in financial terms,” Clark said. “The Indigenous people understood it in more of a cultural, historical perspective.”Governments also failed to consider the circumstances of Indigenous communities, he said. Many houses damaged in the fire started off in bad shape. Fewer Indigenous homeowners were insured.About one-quarter of Indigenous people in the survey lost their homes _ a far higher percentage than in Fort McMurray as a whole. About one-third of those who lost homes had no insurance.It wasn’t until March 2017 _ months into the recovery effort _ that Indigenous representatives joined a recovery task force. Clark also found First Nations and the provincial agency managing federal relief funds worked poorly together.Metis communities weren’t eligible at all.Clark writes that the Willow Lake Metis spent more than $100,000 supporting members during the wildfire. The Fort McMurray Metis spent their reserves to the point where they could not get a bank loan.The survey found that 70 per cent of respondents would prefer disaster management services from Indigenous groups if there were a similar disaster.Alberta Municipal Affairs spokeswoman Lauren Arscott said the province is examining the report.“(Ministers) will closely review the recommendations offered by this report to understand how we can work with First Nations and Metis communities in Alberta to improve our disaster response system for Indigenous people,” she said. “We will encourage both our municipal and federal counterparts to do the same.”There will be a next time, said Clark.“There are still a lot of areas in northeast Alberta that are at high risk for disaster events.“We can’t just say we had a big wildfire so it won’t happen again. We need to start repairing these relationships now.”Adams said it can’t happen soon enough.“What happens now? What’s the plan for us? If the (municipality) doesn’t have a plan for us, who does? Aren’t we all supposed to be working together?”last_img read more

  • Im planning on doing an AirBnB at my home What do I

    first_imgMore and more people are taking advantage of the extra income they can make by doing an AirBnB, VRBO or other rental out of their homes. This is a great way to save money for college, pay off your mortgage, pay for a remodel or just make extra money for your savings. But, before you commit and jump into it, consider the risks associated with being a landlord.Short-term vacation rental properties such as AirBnB, VRBO, HomeAway and others require special insurance. Regardless of whether it is just a room in your house, a trailer or even a separate house, be sure you match your insurance policy to the risk you’re taking on. Believe it or not, you’re a landlord!What does Landlord Protection insurance include?As a short-term vacation rental owner, it is possible that your tenants will have access to additional items or toys such as kayaks, hot tubs, bikes etc.A Landlord Protection insurance policy can include:Commercial Package Policy: coverage for building(s), contents, liability, and incomeBuilding(s): special cause of loss with replacement cost valuationContents: special cause of loss with replacement cost valuationGeneral liability insurance coverage: Coverage for injuries and other liabilities while people stay with you.Income Coverage: actual loss sustained business income coverage with no time limitLiability coverage continued to amenities: swimming pools, hot tubs, watercraft, bicycles, docks, rec areas, + much moreEnhancement coverage: theft, damage to your rental caused by a guest, animal/pet liability + moreNo standard occupancy restrictions: designed for short-term rentalsDoesn’t AirBnb or VRBO Provide Insurance? Yes, they do provide liability and property damage protection for third-party claims when they are booked through the AirBnB website. However, you are only protected up to their liability limits. Like many types of insurance policies, there can be gaps that are created.Example 1: You become chummy with a previous house guest that booked through AirBnB. You exchange numbers and they text you to book a stay instead of booking through the AirBnB website. During the stay, they’re injured. Because they didn’t book through the website, you’re on the hook for the liability.Example 2: You use Craigslist to get renters into your short-term rental because there is a big local music festival and it will be easy to rent it out for more money during this time. The renter trashes your property and because of repairs, you can’t rent out the property for months. You lose out on income.Example 3: An excessively bad bodily injury occurs on your property. The medical bills exceed what the short term vacation rental company provides in insurance coverage. You are stuck with the remaining balance of the medical bills.It’s common to want to make some extra cash from your short-term vacation rental, but we want it to be a safe endeavor for you. By calling an agent in our office, we can help you eliminate the gaps that exist with insurance that may be provided and get you a policy that is the perfect match for you and your family.last_img read more

  • Bend Expands Transient Room Tax Audit to Include Vacation Rentals

    first_imgBend Expands Transient Room Tax Audit to Include Vacation Rentals Google+ By CBN Email Facebook Pinterest Tumblr LinkedIncenter_img 0 E-Headlines The City of Bend is conducting an independent audit of Transient Room Tax (TRT) collection. TRT is the tax paid when someone stays at a hotel, motel or rental property in Bend. This year, the audit will be expanded to include vacation rental properties that are not registered with the City in an effort to increase awareness and compliance with the TRT code.These types of rental properties are typically advertised on websites like VRBO, Craigslist and AirBnB.  Currently, 189 vacation rental properties are registered with the City and are collecting and remitting TRT taxes.The City has contracted with an independent firm, MuniServices, specializing in tax compliance audits for local governments, to perform a compliance audit and establish a comprehensive list of vacation rentals currently out of compliance with the TRT code. The audit is scheduled to take place through August. Following this initial audit, the City will continue efforts to enforce TRT compliance amongst rental properties.If you own a vacation rental and are currently not registered or unaware of the City’s TRT code, please visit bendoregon.gov/roomtax.Renting Your Vacation HomeA vacation home can be a house, apartment, condominium, mobile home or boat. If you own a vacation home that you rent to others, you generally must report the rental income on your federal income tax return. But you may not have to report that income if the rental period is short.In most cases, you can deduct expenses of renting your property. Your deduction may be limited if you also use the home as a residence.Here are some tips from the IRS about this type of rental property.• You usually report rental income and deductible rental expenses on Schedule E, Supplemental Income and Loss.You may also be subject to paying Net Investment Income Tax on your rental income.• If you personally use your property and sometimes rent it to others, special rules apply. You must divide your expenses between the rental use and the personal use. The number of days used for each purpose determines how to divide your costs.Report deductible expenses for personal use on Schedule A, Itemized Deductions. These may include costs such as mortgage interest, property taxes and casualty losses.• If the property is “used as a home,” your rental expense deduction is limited. This means your deduction for rental expenses can’t be more than the rent you received. For more about this rule, see Publication 527, Residential Rental Property (Including Rental of Vacation Homes).• If the property is “used as a home” and you rent it out fewer than 15 days per year, you do not have to report the rental income.Get Publication 527 for more details on this topic. It is available at IRS.gov or by calling 800-TAX-FORM (800-829-3676). on July 23, 2013 Twitter Share.last_img read more

  • Surf The Earth at Tetherow Golf Course with New Fleet of Golfboards

    first_imgSurf The Earth at Tetherow Golf Course with New Fleet of Golfboards Tumblr Not a skateboard or a golf cart, Tetherow Golf Club in Bend, Oregon, introduces a new adrenalin-pumping mode of transportation around the golf course, the Golfboard. Tetherow is the first golf course in the country to host a fleet of twenty Golfboards at the resort.Golfing with a GolfBoard, or GolfBoarding as they like to call it, changes the golfing experience, without changing the game of golf. The ancient game and all its’ traditions are safe. Traversing from shot to shot across the golf course, however, has now taken on a whole new dimension of fun, action, and excitement while improving speed of play, reducing turf wear, and allowing golfers to “Surf the Earth” in a way previously reserved for surfers and snowboarders. Young or old, every golfer will now have the opportunity to enjoy golf with an added adventure.The GolfBoard is powerful, while stable and safe for the rider. The electric board is fifteen inches wide, contributing to its secure platform and is operated with a wireless remote and has two speeds – low (seven miles per hour) and high (11 miles per hour). It can be operated with a bag mount and stability handle or by carrying the clubs. It can travel up to 36 holes between charges, depending on conditions such as rider weight, turf conditions and grade. The battery powerhouse is designed to give users confidence and is sized to carry a heavy rider (250+ pounds) over 18 holes on some of the longest and steepest courses in the world. Not to mention, easy on the turf, designed with four inch turf-saver tires from commercial lawn mowers that are wide and secure.The history behind the GolfBoard reads like a “who’s who” in the sports, fitness, and technology world. The concept of a GolfBoard was formulated when self-described snowboard addict Don Wildman, founder of Bally Total Fitness, had the original idea to use an electric skateboard to ride the steep slopes of his local Malibu course as a fun way to “get in some turns” during the summer months. But as much as he tried, an off-the-shelf, one wheel drive skateboard wasn’t safe or powerful enough for some of the steeper fairways.The initial objective was to entice new golfers to the game, “a totally radical new way to play golf,” Radenbaugh said. It can still serve as an inducement to new, younger players, but the product has been tailored to golf “to make the game more enjoyable for every player.”As fate would have it, Wildman had the good fortune to befriend surfing legend Laird Hamilton while on a visit to Hawaii. A periodic golf partner to the Wildman when the ocean is too calm for surfing, Hamilton was interested in the concept and wanted to see this idea progress. Enter EV entrepreneur Star Faraon, a surfing friend of Hamilton’s who happened to have been forging the concept for an all-purpose and high performance electric mountain board. Faraon, with friends Paul Hodge (now company President) and Mike Radenbaugh (now Technical Director), teamed up to develop a highly robust and rugged electric mountain board that, with the influence of Wildman and Hamilton, was refined into today’s safe and easy-to-use GolfBoard.The group got together and over several years of intense design and testing efforts, built a product specifically for golf that was powerful enough to carry a golfer and gear for 18 holes, yet gentle enough on the turf that even Golf Course Superintendents eagerly welcome the concept. More at www.golfboard.com.“Whether golfing or looking to “surf the earth” at Tetherow, in search of the perfect mountain views, we are thrilled to be the first course in the country to start the newest trend in golf course transportation that inhibits adventure combined with the traditional game of golf,” said Chis van der Velde, Managing Partner at Tetherow.www.tetherow.com Google+ on August 26, 2014 Facebook Twitter LinkedIncenter_img E-Headlines 0 By CBN Share. Pinterest Emaillast_img read more

  • Senators Betsy Johnson and Tim Knopp Invite Oregonians to Participate in Bipartisan

    first_img LinkedIn 0 Senators Betsy Johnson and Tim Knopp Invite Oregonians to Participate in Bipartisan PERS Solutions Work Group E-Headlines Google+ Email Share. By CBNcenter_img Facebook Recognizing that significant Oregon challenges require strong bipartisan teamwork and solutions, Senator Betsy Johnson (D – Scappoose) and Senator Tim Knopp (R – Bend) invite interested Oregonians to participate in a Bipartisan PERS Solutions Work Group to study and make recommendations to address the Public Employee Retirement System (PERS) funding crisis. Currently, state and local governments face an $885 million increase in PERS costs starting July 1, 2017. Editorial boards across the state have called for leadership to address this issue.“PERS cost increases in 2017 could result in fewer teachers and school days, larger class sizes, and the inability to fully fund other critical government services in 2017,” said Senator Knopp. “We must adopt fair, constitutional PERS solutions during the 2017 session that reduce costs and strengthen our K-12 education system.”“Oregon needs bipartisan PERS solutions that are legal, fair, and protect our schools,” said Senator Johnson. “A public work group will allow a thorough vetting of all proposals informed by advocates from diverse perspectives.”The new Bipartisan PERS Solutions Work Group will hold public hearings and craft a comprehensive PERS solutions package that is bipartisan, fair, constitutional, and that protects government services. Representatives from schools, local governments, public employee unions, businesses, and other concerned Oregonians will be invited to serve as members. The work group will hold its first meeting September 21 during legislative days to hear from experts on PERS’ unfunded liabilities, impacts of upcoming PERS cost increases, savings options that reduce unfairness in the PERS system, constitutional guidelines, and take input from local governments and PERS members.The Oregon Supreme Court has made clear that it is unconstitutional to take away accrued benefits, but prospective PERS changes are legal. As such, Senators Johnson and Knopp noted, “In compliance with the Oregon Supreme Court’s constitutional interpretation, no PERS solutions can affect retired PERS members, and all PERS changes must be prospective.”“If you have an opinion on PERS, we want to hear from you,” said Senators Johnson and Knopp. “The Bipartisan PERS Solutions Work Group continues Oregon’s long tradition of transparent, bipartisan teamwork on big problems facing our state. Please join us.”The first meeting of the Bipartisan PERS Solutions Work Group will be September 21 from 3-5pm at the Oregon State Capitol Building in Hearing Room 174. At the first meeting, the work group will hear presentations about how the PERS system works, its current financial situation, upcoming rate increases, and Oregon laws governing the PERS system. Any interested Oregonian is welcome to attend.Anyone interested in serving as a member of the work group should email Senator Betsy Johnson’s Office at Sen.BetsyJohnson@state.or.us or Senator Tim Knopp’s Office at Sen.TimKnopp@state.or.us.Bipartisan PERS Solutions Work Group First MeetingSeptember 21, 3-5 p.m.Hearing Room 174Oregon State Capitol Building900 Court St. NESalem, OR 97301For Senator Tim KnoppKristy Sauer503-986-1727Sen.TimKnopp@state.or.usFor Senator Betsy JohnsonWhitney Padilla503-986-1716Whitney.Padilla@state.or.us Pinterest Tumblr on August 25, 2016 Twitterlast_img read more