For many real estate investors, it was the most profitable tax strategy around: Move into a rental property you own, use it as a principal residence for two years, and convert taxable capital gains into tax-free dollars when you sell or exchange.
 But Congress has just clamped a limit on investors’ ability to play that game […]

If anyone needs hard evidence that the real estate market cycle is flattening out and turning around, check out the latest pending home sales index numbers.
 On a national basis, the index jumped by 5.3 percent last month. But more importantly, it rose in every region of the country, suggesting that the turnaround underway is broad-based […]

SUMMIT COUNTY — State mining regulators said the reopening of the Climax Molybdenum Mine on Fremont Pass will eventually require a significant expansion of the tailings ponds in the Ten Mile Creek drainage, and a new water-treatment facility at the bottom of the ponds to purify the water before it flows back into the stream.
Freeport-McMoRan […]