Economic slowdown likely to last until 2010

BY GREG WILES Advertiser Staff Writer June 13, 2008

"The latest forecast on Hawai'i's economy projects deteriorating tourist arrivals, unemployment and inflation this year, with anemic activity continuing into 2009..." <-click for full report.

Recent Pacific Busines News Stories...

Study forecasts halt in economic growth in all four Hawaii counties
"All four Hawaii counties will see zero economic growth in 2008, reflecting the slowing state and national economy, according to a new report..." <- Read Full Story.

National Realtors' group sees improvement
"A National Association of Realtors study shows house sales remained soft in March, but the organization is forecasting sales will begin to improve over the summer..." <- Read Full Story.

Honolulu, Kahului top summer destinations
"Two Hawaii locations are on Travelocity's list of top booked domestic destinations for summer..." <- Read Full Story.

University of Hawaii Productivity...

UH Manoa faculty productivity cited
Pacific Business News (Honolulu) Tuesday, April 15, 2008 - 9:33 AM HAST

""Several graduate programs at the University of Hawaii at Manoa ranked high in a new report based on faculty productivity..." <-Read full story.

NEW! Now Possible to do a §1031 "tax deferred exchange" on Vacation or 2nd Homes!

I've created a new section on my website pertaining to §1031 "tax deferred exchanges". Finally, the IRS has published guidelines for taxpayers that own vacation or 2nd homes to use if considering the possibilities of a §1031 "tax deferred exchange". This is effective as of TODAY, March 10, 2008! This could open up many new possibilities for investment into income properties, 2nd homes or vacation homes in Honolulu, a popular location for many investors' 2nd homes... <--Click for more details.