Investors

In our region, as well as in many areas across the country, there have been massive spikes in COVID-19 transmissions over the past few months. Even as restaurants and bars were reopened, daily positive cases were generally staying within single digits inside the Quad-County region.

However, between October and December, both test positivity rates as well as overall cases — and deaths — have seen a massive increase. Local health organizations are now not only fighting against the disease, but against misinformation campaigns as well.

A proven way for communities to effectively reduce homeless populations is to provide secure, safe, and comfortable long-term housing in residential neighborhoods.

Employing this housing-first philosophy through its nine properties, Carson City’s Spirit of Hope does just that. Spirit of Hope provides housing for homeless people if they are willing to be clean and live a better life.

CARSON CITY —The Nevada Governor’s Office of Economic Development is partnering with StartUpNV, Entrepreneur’s Assembly, Northeastern Nevada Regional Development Authority, business leaders, and other government entities, in a new statewide initiative to foster entrepreneurship in Nevada’s smaller cities and towns.

CARSON CITY — Nevada Attorney General Aaron D. Ford is warning consumers to be alert of scammers looking to take advantage of fear surrounding the coronavirus (COVID-19) to sell fake products or steal your money or personal information. Fraudsters may use text messages, social media and emails to promote these scams.

STATELINE — Mont Bleu, a resort that has gone by three names and had five owners in 41 years, is playing a central role in the future of the South Lake Tahoe gaming market.

Eldorado Resorts CEO Thomas Reeg said the Reno-based company will need to sell at least one of the three casinos it will own in Tahoe once a $17.3 billion merger/buyout of Caesars Entertainment is completed early next year.

Impressions. They are what we remember about people, places or things that come into and out of our lives.

On July 25, Joe Tummarello, a long-term client with Carson City-based sober-living facility Lyfe Recovery, passed away at Carson Tahoe Hospital. By all accounts, a month before his death he had been in fine health for a man of 76. He dealt with COPD and needed an oxygen tank to breathe in the high altitude of northern Nevada, but a check-up with his doctors during May of 2019 showed he was nowhere near the brink of death.

However, after being relocated to Carson City from Lyfe Recovery’s Reno facility, Joe’s medication was withheld and he was denied medical intervention after a rapid deterioration of his health, which ultimately, it is alleged, led to his death.

When Joe Tummarello moved into a sober living home in Carson City called Lyfe Recovery, his friends and family thought he was doing well. However, at the end of July, he wound up in the hospital after his health declined rapidly. His family says this was due to severe neglect at the hands of the owner and manager of the facility. By several accounts, he was denied medical treatment until a senior living home provider stepped in and took him to the hospital, where he died a week later.

The question is: did Joe Tummarello die before his time? And if the answer is yes, then is someone responsible for his demise?

A wildlife bill supported by the Nevada Department of Wildlife and endorsed by resolution at the Nevada Legislature earlier this year has been introduced in Congress.

A couple of times in the movie "It's a Wonderful Life," main character George Bailey closes his eyes, raises his right hand, and says "I wish I had a million dollars!" while pressing the lever of a lighter contraption on Mr. Gower's drug store counter.

Buying the Ormsby House wasn't on George Bailey's wish list. Then again, he'd need at least 10 times more if it was.

When thinking about investments and retirement goals, many people think about owning rental properties. After all, they pay for themselves, right? They can be excellent additions to a savings and investment portfolio, but there are also risks. Here are the things to consider.

First off, the good news
If you are considering purchasing a rental property, just about all of your expenses are tax deductible (unless you rent to family members). Your mortgage loan interest, property taxes, and maintenance expenses are all allowable deductions. Your accountant may find other deductions for you as well, such as a 27-year depreciation rule.

A wildlife bill supported by the Nevada Department of Wildlife is now before both houses of Congress. The Recovering America’s Wildlife Act recommends crucial funding for conservation of those fish and wildlife species in greatest need across the country.

Recently a federal grand jury gave a 13-count indictment accusing Rev. Kirbyjon H. Caldwell, age 64, and Gregory Alan Smith, age 55, of selling more than $1 million of worthless Chinese bonds.

Carson High School graduate and Reno-based filmmaker Tyler Bourns is announcing the launch of a new feature film called “Desert Shadows.”

His award-winning company, Bourns Productions, Inc., has been producing commercials, tourism, corporate, web series, and music videos in the Northern Nevada region for nearly ten years.

Nevada Gov. Brian Sandoval on Friday nominated 61 opportunity zones, pursuant to the Tax Cuts and Jobs Act of 2017, which established an Opportunity Zone tax incentive, designed to encourage long-term private investment in low-income communities.

CARSON CITY, Nev. — Owners of a Nevada professional soccer team are purchasing Carson City's Empire Ranch Golf Course. Art Castañares, founder and CEO of Manzana Energy Inc., and publisher of two bilingual newspapers; and Dr. Fred Simon, a trauma and critical care surgeon and owner of ...

Are you starting or expanding a business? How do you create and deliver a compelling, successful business pitch that wins over investors and other key stakeholders?

Republicans in congress have introduced their tax bills, and they and the president intend to pass some version of tax reform promptly. As they try to craft a package that will pass, let’s recall themain principles, goals and problems facing tax reform.

The key goal is always economic growth. Growing the economy at a sustainably fast clip means on average everyone is better off and each person or family has more opportunity to improve their lot. It also allows us to afford more of the public goods that government can supply, including caring for the needy.

Tickets are now on sale for the annual Celebrity Chef and Harvest Dinner, a benefit for The Greenhouse Project, Monday, Nov. 13, at Café at Adele’s. The evening features a six-course, wine- or beer-paired dinner dinner prepared by Chef Charlie Abowd, co-owner of Adele’s and Chef Kevin Ashton of Zozo’s Ristorante in Reno.

Two recent news stories caught our attention, and they suggest some good news, but ...

First, the estimated growth rate of U.S. gross domestic product (GDP) – that is, the annual rate of growth for America’s economy – was revised upward to 3.1 percent for the second quarter of 2017.

Second, the Trump Administration has eliminated 16 regulations for every regulation it has implemented.

Dawn Rickabaugh is the founder of NQ Capital, Inc., a Carson City-based, family-operated investment company that focuses on building wealth through real estate. She has been buying owner-financed notes since 2009, developing a unique expertise in this poorly-understood investment vehicle. Dawn brings the Property and Paper Summit to South Lake Tahoe October 9-10, and hosts a monthly Meetup in Carson City.

On July 27th, 2017, Lynn Beteag, Managing Director, of Nevada State EB-5 Regional Center was a guest speaker to the Reno/Sparks Association of REALTORS. The topic of Beteag’s presentation “The EB-5 Program - Access to Capital through Foreign Investment” explored how local businesses benefit from foreign investment and foreign workforce talent.

The all-new Union Carson eatery, taphouse and coffee bar is scheduled to open Thursday, June 8 at 11 a.m., the establishment posted on its Facebook page Wednesday afternoon.

A Carson City man was arrested Saturday night for felony suspicion of trafficking and possession of methamphetamine, a Carson City sheriff’s deputy said.

According to Noursoultanova, as rents continue to increase people will begin to look to neighboring areas such as Sparks, North Valleys, Carson City ...

Greater Nevada Mortgage has promoted Eva Simmons from Loss Mitigation Supervisor to Mortgage Funding Manager. She will be located in Carson City.

A new restaurant is opening in downtown Carson City, according to reports from the Reno Gazette-Journal and Nevada Appeal.

The Union — a partnership of Reno-based investors — is scheduled to open this summer at 302 North Carson Street, site of the old Lake Tahoe Brewing Company, which closed in January 2016 ahead of its owner Michael Candelario's arrest on fraud charges.

CARSON CITY, Nev. – Carson High School Career and Technical Education graphic design students Stella Carroll and Luis Garcia developed a logo for Northern Nevada Development Authority’s new tribal economic development program, Native Nations Alliance.

The Carson High School winners of the Shark Tank competition are in with amazing new ideas for start-up companies and new inventions of products, not to mention the monetary winnings that allow these aspiring entrepreneur-contestants to take the next step in the process of starting their own businesses or inventing and marketing their new products.

This is the eighth column in a series presenting findings and conclusions of Nevada’s 2016 Popular Annual Financial Report (PAFR), posted at controller.nv.gov. Here, we address critical problems facing economic growth in Nevada.