Gary Beasley, CEO and Co-Founder of Roofstock, says that the new policy could benefit passive homeowners -- those that own real estate as an investment -- and prompt builders to construct properties for rent.
For full interview [click here](https://cheddar.com/videos/tax-reforms-impact-on-real-estate).
Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology.
Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash.