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Lisbon Terrace
숙박 가능인원4
침실 수1
면적50 m²
Floor No.
- 부엌
- 발코니/테라스
- 인터넷
- 수건
Accommodation summary
|Travessa das Terras do Monte, 1170-37 Lisbon, 포르투갈
|Acceptance rate
|Response time
|A few hours
|Calendar updated
It is equipped with fridge, oven, stove, microwave,heating, toaster, kettle, iron, hair dryer, crockery, crisp quality sheets and soft towels, large flat screen TV with cable service and
Internet and wireless service.
The neighborhood of Graça is located on the highest hill of Lisbon, with its sights of the best places where you can see the city. The terraces and viewpoints in the city provide a quiet and are great places to enjoy the light of Lisbon, the setting of the sun and stunning views over the River Tagus. In this neighborhood of Graça, at the shrine of Nossa Senhora do Monte, is one of the most beautiful sights of the Portuguese capital. The viewpoint of Senhora do Monte has the shape of half an orange, is shaded by leafy trees that surround it, and also counts a mosaic indicative of sites that can spot up there. Leaving the house to see Lisbon and you can take tram 28, and admire the narrow, hilly streets of this typical transport slopes. In one of the busiest streets of the city, of Grace Street, there are several mini markets, grocery stores, shops and cafes.The 5 minutes is the Pantheon and Cathedral (Cathedral) and about 10 minutes from the splendid Museum of Fado (Fado - Intangible Heritage of Humanity) and Tile Museum, and the surprising Castelo de São Jorge. With a curious mixture of cosmopolitanism and rurality, this area is known and sought after throughout this environment, where there is an atmosphere that is considered unique.The neighborhood is adjacent to the Grace of Alfama, one of the oldest in Lisbon, residential and also with traditional sights, cafes, churches, reflecting the real spirit of the old Lisbon with its alleys, humble homes, clothes hanging in clothesline, dogs, cats, artists and fado houses. If you like outdoor fairs do not miss the flea market, the market's oldest city, 5 minutes from the apartment where you can buy clothes, furniture, vintage magazines, etc..There are several buses to go anywhere in the city, just down to the station Santa Apolonia, 10 minutes, although one can easily walk to the main points of the city.End the day by taking a drink from the viewpoint of Grace, near the Castle of São Jorge, where you can admire the entire city. There may be some kind of show, most likely, someone singing Fado.
숙소규정Deposit €100,00. Please Note the deposit value will be returned via bank transference after your check out.
Check-in is after 3:00 p.m. and need to be arranged before the day of arrival. Please call or send us a message after collecting your luggage at the Lisbon airport, or train/bus station, to let us know you are already in Lisbon. Our representative will give you a friendly welcome and answer any questions you may have.
Check-in after 23:00 is subject to a 25 EUR fee.
Check in on the 24th of December and 31 of December after 6 pm are not allowed..
We will provide you with our contact details after your reservation is confirmed. The apartment will be ready and cleaned for you before your arrival. Fresh towels and bed clothing are also provided and all is included in the total price. You will be given a set of towels per person. Keys delivery: In the apartment. Cleaning: On departure.
Please note that from the 1st of January 2016 a city tax of EUR 1 per person, per night is not included in the total price and should be paid on site. This tax is charged to guests aged 13 and older. It is subject to a maximum amount of EUR 7 per guest.
|2 명 이상시 가격
|660833 ₩ 1박당/
|Check-in before
|환불 규정
Appartamento molto bello in una posizione molto panoramica e soleggiata.
C'è un terrazzo privato con due sdraio per prendere il sole.
C'è una cucina con piastre a resistenza (non induzione quindi attenzione ai bambini!).
La proprietaria di casa è stata molto gentile, ci ha aspettato nonostante il nostro ritardo all'arrivo e ci ha dato anche alcune utili informazioni.
A pochi metri di distanza c'è anche una terrazza pubblica che guarda su tutta la città e lo spettacolo è davvero suggestivo.
Lo consiglio molto a coppie e a chi abbia figli abbastanza gradicelli (dai 10 anni in su) perchè la casa si trova in alto alla città (vantaggio panoramico!!) ma le strade sono un po' ripide.
E' l'autentica Lisbona con i suoi tram e le sue stradine!!
Miejsce faktycznie rewelacyjne - niezapomniany widok na Lizbonę z jednego z najwyższych punktów widokowych w tym mieście. Gospodarz bardzo pomocny i elastyczny. Bardzo miłe, czyste i zgrabne mieszkanko z wyposażoną kuchnią jeśli ktoś ma ochotę na przygotowanie kolacji na tarasie z widokiem na leżące u stóp miasto. Zdecydowanie polecam.
Aleksander /Wrocław /Polska
이 호스트의 또 다른 숙소후기
We had a wonderful time in this little appartement in Lisboa! Everything was clean and cozy! The appartement is directly in the Barrio Alto so we could do everything by foot. We also cooked two times in the kitchen and had super nice evenings in the appartement with the two little "balconys"! We can definitely recommend this place!
Clara, Lena, Theresa, Laura
The Apartment is prefectly located, clean and has everything you Need. Filipe and his Team Are very friendly and helpfull. He also allowed us to Check out two Hours later, which was very kind. I highly recommend the Stay there.
We spent some days in the studio and really enjoyed the nice view of the kitchen-window. It is no worth cooking in the apartment as going out for lunch is really cheap and the kitchen is just equipped to prepare a quick sandwich or pasta, not a hole meal. Clean bathroom and rooms, only the bed is, in my opinion, very uncomfortable and not like written "getting out of the bed will be difficult" in a positive sense. Communication with the host was very easy, friendly and cooperative!!
For the last days we had to move to another apartment as they started with some demolition works next door. But this may occur at any place and WIMDU really did a good job to solve this problem. Thanks a lot for this!
Nice apartment and very friendly and helpful hosts. Only we were missing a wardrobe or some shelfs to store our cloths. The area was perfect to start exploring Lisbon. At night a bit loud.
nice location, everything was fine. thanks to some frensh party people was noisy that days. bathroom is very small and on suite!! was clean but somehow very used. maybe you like to bring your own pillow.
It is a spacious, clean and well located (short walk to Bairro Alto, Viewpoint, Rossio, etc.) ikea flat. Marisa estimated our arrival time pretty right, so the check-in went smoothly and on top we got a lot of good advice what to do, see and how to get around! :) If you plan on cooking in the flat you might bring your own salt and pepper from home, if you don't want to buy it. All the kitchen supplies are available but there is nothing like salt, tea or coffee.
The bed is comfortable. Not sure about the couch, if you are more than tweo people, but it will work for a few days I guess. If you have a light sleep you better bring earplugs (it's a quiet neighbourhood and not loud at all, but if there's noise outside you can hear it).
I can definitely recommend the flat as homebase for a short trip to Lisbon and the Short Stay Flat team and service is wonderful! :)
The apartment is on the 2nd floor and located well where the restaurants as well as best ice cream parlour is. You need to be relatively fit to stay in this neighbourhood as there are a lot of steep gradients!
The apartment itself is ok we paid around £50 a night and for this price I was expecting more. The kitchen itself looks very nice however it was not well equipped with basic items such as bowls, salt and pepper, sugar not provided. This is a must as we had to then purchase from new even when staying just for three nights. The apartment bathroom needs toilet roll holder, there was some mould, also needs a place where you can place where you can put shampoo, soap etc. No toiletries are provided.
We did not manage to get the TV working but that was not the end of the world as we were on holiday - a message in portugese was mentioned on the screen which we couldn't understand and unfortunately was not fixed whilst on our stay. We were also charged 8 euros for the 3 nights and I have just realised now that it should have been 6 according to the description. A light was not working in the apartment as well.
Overall its an OK place to stay given the price maybe we have too much of a high expectation having stayed in 5 different countries with Wimdu. Some small improvements will go a big way.
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- 모든 호스트는 전화로 입증되었습니다.


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subset: commoncrawl


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We have three family tickets (comprising of four seats for any combination of adults and children) to be won to the London Philharmonic Orchestra's FUN Harmonics family concert sell-out performance of Haunting Harmonies on Sunday 29 October at 1pm at the Queen Elizabeth Hall, South Bank.
The programme features music by three British composers; Momentum by Mark Antony Turnage, Little Red Riding Hood by Paul Patterson (with text adapted by Donald Sturrock from Roald Dahl's Revolting Rhymes,) and the Tam O'Shanter Overture by Malcolm Arnold. The performance is conducted by David Angus and presented by BBC CBeebies TV Presenter Chris Jarvis.
BBC CBeebies presenter Chris Jarvis will guide the young audience through the repertoire, working with the conductor David Angus to bring the music to life. Children from Albion Primary School in Rotherhide have created their own animated short film to accompany the Tam O'Shanter Overture.
Before and after the concert children can visit the 'Have-a-go' Sessions in various foyers around Queen Elizabeth Hall. Children can play on a string, woodwind or brass instrument, helped by London Philharmonic Orchestra Future First players. These sessions are free of charge. Other Foyer Events include face painting, stories, quizzes and competitions and are presented in collaboration with The Roald Dahl Museum and Story Centre.
Each winner will also receive the London Philharmonic Orchestra's new children's cd featuring lyrics and text inspired by Roald Dahl's revolting rhymes Little Red Riding Hood and Three Little Pigs. The cd is narrated by BBC TV CBeebies presenter Chris Jarvis and features music by the highly acclaimed Paul Patterson and Howard Blake's spell binding The Snowman music. To enter this competition simply CLICK HERE!
Closing date: 12pm, Friday 27 October 2006
For any concert enquiries call London Philharmonic Orchestra Box Office 02078404242 (www.lpo.org.uk) ( Mon-Fri 10am-5pm) or Queen Elizabeth Hall Box Office 08700606010 (Daily 9.30am-8pm).
CD available at all good retail outlets from October 30th or from www.lpo.org.uk. Distributed in the UK by Select Music and Video Distribution +44 (01737 645 600)Reuse content


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Leadership change: Denis Burke returns
Broadcast: 11/02/2005
Reporter: Melinda James
And, Denis Burke joins me now. Welcome to the program.
DENIS BURKE: (OPPOSITION LEADER) (RE-ELECTED): Good evening, Melinda and congratulations you're taking over Stateline, I wish you the same success as I have for myself.
MELINDA JAMES: Congratulations to you to, Denis.
Well, at a press conference Monday, immediately after you were reelected as leader of the CLP, you said Territorians just needed a chance to get to know you?
Well you've been Chief Minister, you've been Opposition leader. How much more time do people need?
DENIS BURKE: Well you get surrounded by people in high office I suppose. I've enjoyed you know the fact that I've been able to get back, get amongst the people, think about all the mistakes that I made and determined never to make them again.
I hope Territorians understand that we're all human, we're all fallible and we all make mistakes. The trick is not to make them again and I intend not to.
MELINDA JAMES: So you've said you've changed. Who is the new Denis Burke?
DENIS BURKE: The new Denis Burke is certainly re-energized, determined to take the Territory forward. Aghast at what has happened to the Northern Territory for the last four years, where we've become mediocre.
MELINDA JAMES: Can I just quickly take you back - - -
DENIS BURKE: We're swimming in a sea of mediocrity and indecision in the Northern Territory, so I want to get in there and explain to Territorians, that the CLP can get things done, we get results and we'll get ourselves back on top.
MELINDA JAMES: We'll move on to some of your policies later, but can I just return to the re-election issue for a moment. It is only 14 months ago that you were labelled as aloof and dictatorial by members of your own party. That's a fairly harsh indictment on your character. Now do you really expect the electorate to belief that this isn't just a case of your colleagues grinning and bearing your return to the leadership because there was no other alternative?
DENIS BURKE: Well, firstly you lead by example. I don't expect anyone to take anything for granted - you lead by example and I hope to convince Territorians that (a) I've changed and (b) the CLP is the best party to lead the Territory.
In terms of my parliamentary colleagues in the party, the decision was quick, the atmosphere was warm. We're united, they're united, I'm determined, we're going to get there.
MELINDA JAMES: Do you really expect people to believe that you are united? This is a pretty swift turnaround, given that Terry Mills' decision to resign was a shock one for everybody?
DENIS BURKE: Well everyone's got their tails up and anyone who saw the performance in the parliament last week knows that we had out tails up and there was a smell of fear on the other side of the chamber.
I mean, we are determined because the Territory is losing its place in Australia. There has been an economic boom in the rest of Australia and the Territory has missed out and it's missed out because this government is spinning its wheels in indecision.
They like to consult, they can't make a decision and that's why nothing, essentially, is happening in the Northern Territory.
MELINDA JAMES: well let's talk about some of your policies. An election could be called any day now. Terry Mills when he resigned admitted he lacked the experience to lead the party effectively, surely this puts you at a disadvantage now. Do you feel as though you have to make up some lost ground selling CLP policies? Have they gained any traction in the electorate in the last 14 months?
DENIS BURKE: Well the policies are ready and we're ready to roll them out and when we roll them out, people will see the difference between the ALP - which who essentially coasted off a lot of hard work of CLP governments over many, many years - and new ideas. Ideas that will excite Territorians, ideas that show that we know the best way to move the Territory forward. We know how to get results, we know how to get the tourism industry back on top. We delivered a railway when people said it couldn't be done and we will tell Territorians, that they are missing out under this labour government. You know Territorians used to pride themselves that they had the highest growth rate in Australia, the highest disposable income, the lowest unemployment, the best relations in southeast Asia.
Relationships that other states and Territories wondered how we did it. We had a tourism industry that people said, 'How do they do it?' 'How do they make this tourism industry so good?' 'What's happening now, we're missing out.'
MELINDA JAMES: You're talking like this now though, but surely you've lost 14 months? We're in an election year now, the election will be within the next eight months at some stage?
DENIS BURKE: Well Clare Martin can go to the election any day she chooses, but - or she will go to the election if she tells the truth to Territorians saying, I've got more money in revenue from John Howard courtesy of the GST than the Territory previous governments have ever received. I've done nothing with that money in all the time I've been in government, but I'm happy to put on a hardhat or have my picture taken based on the work the CLP government's done in the past. That's her legacy for Territorians.
MELINDA JAMES: Well can we talk about where you'd like to see some of this money going? Earlier this week you pointed to a very specific example of where you thought the Martin government had its priorities all wrong. You said that ten million dollars being spent on petrol sniffing would be better spent investing in small business? Now, if you win this election, will we see less government spending on social problems like petrol sniffing?
DENIS BURKE: well you'll see the right amount of money spent on those problems. They are - there are social problems, but this government has received over 500 million dollars extra - - -
MELINDA JAMES: So will we see less spending on social issues?
DENIS BURKE: - - - than we received in GST. Well they received more than 500 extra money in GST than we received. They put six million dollars in to small business and asked the Commonwealth to put ten million dollars in to petrol sniffing and they offer another ten million dollars themselves.
Petrol sniffing is a social problem. It needs to be addressed - but 20 million dollars? Go away - small business needs that sort of money, not those sort of - really in relativity, smaller social problems.
MELINDA JAMES: Denis Burke, I'm sorry we've run out of time, but thanks very much for joining us.
DENIS BURKE: Thank you, Melinda and all the best.
MELINDA JAMES: Thank you.


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Stitchwort, Mouse-ear or Chickweed??
Observed: 24th May 2013 By: Hatted_Botanist
Added: 27th May 2013
Other observations of Greater Stitchwort (Stellaria holostea)
Species with which Greater Stitchwort (Stellaria holostea) interacts
And to answer the question why it is stitchwort ...
27 May 2013 - 9:59pm lavateraguy
... rather than mouseear or chickweed, most stitchworts have lanceolate (narrow) leaves (wood stitchwort is an exception) while mouseears have hairy ovate leaves, and chickweeds glabrous(ish?) ovate leaves.


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Scores based on 23 reviews
Invoice history based on 15 reviews.
Welcome to John Linsleys Property Services we started plumbing around 15 years ago and added tiling a few years ago so it enables us to do full bathroom installations, we take a lot of pride in our work and follow the British standards to ensure job well done.
The satisfaction we get from a job completed to a very high standard is the reason we enjoy what we do so much.
We are based in south Shields but cover all the Tyne and Wear area and possibly further for the correct job, we are fully qualified and insured with a professional attitude towards our work and a friendly service.
Washington, South Shields, Gateshead, Chester Le Street, Newcastle, Sunderland and the north east.


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Talk:Biblical Sabbath
|This article is of interest to the following WikiProjects:
This page fills the remaining void in Sabbath coverage (IMHO), a lack which has now been made clearer by the other Sabbath articles. It is similar to Creation according to Genesis and other articles, in that it is intended for the textual tradition only, along with brief indications of the jumping-off points for divergence in interpretation, which can be referred to the articles on separate POVs. There is no article that accomplishes the scope of "Biblical Sabbath" at present, and the articles that do refer to "Sabbath in the Bible" refer to it both too briefly and too partisanly.
The prior spinoff into Sabbath in Christianity was useful in creating a parallel article with Shabbat, and it left the main Sabbath pseudo-disambiguation page much more stable, but I have noticed in my disambiguating of links that many people want a link to the concept of Sabbath as limited to the Bible only, instead of to all Sabbaths that have been observed around the world, which the main article has now properly accumulated quite a few of. To those who may doubt this concept, please give it some time to develop before making a judgment, as I believe this article as visualized will finalize the stabilization of this topic. Thank you for your contributions. JJB 13:02, 21 March 2009 (UTC)
- I think it's incongruous for the article that's supposed to be a detailed presentation of the Biblical Sabbath to go into such detail about all the various kinds of ways Sabbath is kept by various Christian denominations. This all belongs in Sabbath in Christianity. AFAIK Sabbath's move to Sunday was post-Scriptural. I certainly didn't see a New Testament source for this practice quoted in this article! By the article's name, we should be sticking to a much narrower perspective: 1. Biblical sources mentioning Sabbath. 2. Biblical references to ways to keep the Sabbath! For example, punishments for doing work (also pointed out by someone in the death penalty section), lighting fire, or Isaiah 58:13 that talks about making the Sabbath a delight and restraining your foot from walking (guess St. Ignatius didn't like Isaiah's version of Shabbat...). There is a lot more to add here that is on-topic and a lot to take out that is off-topic. Any agreement here? MosheEmes (talk) 13:59, 30 April 2015 (UTC)
Welcome Willfults[edit]
- You seem to have a lot to contribute to Sabbath articles, so I hope you don't mind my reverting some of your edits (mostly where sources were deleted or the edits were redundant with extant text). I know that such a response can look like quite a cutback, but work with WP process and nothing will be lost. I'm looking forward to what you have to add, as several articles are still in start status; you might begin with Sabbath in seventh-day churches. Here's my specific rationales, and please let me know right here under WP:BRD whether I omitted anything of significance:
- The dates of Christ's death and resurrection are not agreed by a lot of Christians, and that ambiguity was covered by the text glosses already herein. Lk. 23 add was deleted because covered in the graf before Lk. 24. Sabbath remaining post-crucifixion is an important SDA point, but was redundant to mention in the separate frameworks under "Seventh day" (I moved your backup source there). However, the sourced textual note on Mk. 16:9 is significant for readers to know and should not have been deleted. The Ignatius quote was included as seventh-day without comment (and should remain) because it argues in favor of a spiritual seventh-day Sabbath (plus Lord's Day), and thus is an example of the subcategory of seventh-day Sabbatarianism that is tolerant of Lord's Day. The data on first-day assemblies is essential (and again, sources should not be deleted) because first-day Sabbatarianism switches the focus from rest to communal worship. On Col. 2, again a significant sourced POV should not be deleted, and I did not intend to set up a digression to Heb. 8, which should be discussed separately. I added Lev. 23 even though it is not the same threefold list as Col. 2 and other texts, and keyed your Col. 2 source to what I read it as saying, and supplied positions for Heb. 8.
- God bless! JJB 01:31, 17 September 2010 (UTC)
Hi John,
- First I appreciate you actually communicating your changes instead of just doing a bulk edit without any words.
- Also I appreciate your many changes on helping merge some articles together, as there was a lot of duplicate texts etc.
- I appreciate a discussion over an edit war any day and I think perhaps we can work together to provide a good article where both viewpoints are accurately represented.
Let me first give some background on why I performed some of the changes I made and you are welcome to comment. (it's hard to mention everything in the edit summary) — Willfults — continues after insertion below
- Thank you, I'll use the {{interrupted}} template to comment in place. The first principle to keep in mind is that paraphrasing the Bible without spinning toward any controverted POVs is considered unobjectionable WP:PRIMARY-source research, similar to a plot summary, and that is intended to be the majority of the verse list section. Then when we allude to a controverted POV it should be balanced by others (there are a lot more than two) and preferably with sources. Also keep in mind the work-in-progress nature of many sections on WP, meaning that tagging a flaw is almost always better than deleting it, especially if deletion might imbalance the remaining text. If you are getting familiar with WP core policies this should come naturally. JJB 19:36, 17 September 2010 (UTC)
For Assembilies paragraph 2 I deleted it originally because I never used the Epistle of Barnabas as a defense to keep Sunday, likewise I have never heard any Protestant minister use it as such. I don't think that is the mainstream defense text for Protestants (at least I never heard it). And so I don't believe it well represents their position, they don't consider it at canon. Although perhaps it is used for Roman Catholics and then should be mentioned as a Roman Catholic reason specifically. If neither primarily use it is it rather WP:Fringe. Are there Protestants who use this defense? — Willfults — continues after insertion below
- If you want a source saying that Barnabas has been used by first-day apologists, that can be found unfringily – you simply add a tag (WP:INLINE has many good ones; {{bettersource}} applies). We generally don't rely on our own experience of "I've never heard" as final here; we ask around to see if anyone else has heard, and then wait a couple weeks to see what happens. Deletion may then be useful after what you think others would consider a fair airing. Also the issue is not Barnabas as canon but Barnabas's interpretation of Isaiah being very early.
For Assemblies paragraph 1, there were 0 3rd party citations when I deleted it, it was not significantly sourced, and it is POV and unbalanced, thus I had a right to delete it. Granted these texts are a primary defense for Sunday observers and I believe it should be in the article, I just wanted sourced material. (check the logs, there were no refs in that paragraph). Also this section is still very unbalanced, for one, none of the assembly texts mention the word Sabbath? Secondly, (a minor article improvement point) if there could be some Protestant/Catholic articles which use the texts mentioned as a defense it would be good to cite some (I'm sure there are). Thirdly, there are plenty of assembly texts that do mention the Sabbath, for example... On the next Sabbath almost the whole city came together to hear the word of God. And on the Sabbath day we went out of the city to the riverside, where prayer was customarily made; and we sat down and spoke to the women who met there. ~ Acts 13:44, Acts 16:13 etc. Those are better direct and clear references to the Sabbath. Such as... And he reasoned in the synagogue every Sabbath, and persuaded both Jews and Greeks. ~ Acts 18:4 Perhaps I'll add some of these in later. — Willfults — continues after insertion below
- That is a large graf of primary-source material, with a summary sentence intro and a counterweight sentence close, which is why I had let it stand without secondary refs (though I was able to flesh out the Didache part; I trust you've gotten used to reviewing the edit histories?). In general, the first development task of this article was to get all the texts and all the POVs out there, which is largely complete; those POVs that are attributed to mass beliefs but unsourced can now be filled in as part of the work in progress. Since this is the part where the POVs are explained, it is proper to state the POV and the responses from other POVs; and since they don't mention Sabbath (as Biblically defined) but only the formative day later called "Sabbath", they were not listed separately with other Scriptures and inline glosses. The point that the assembly texts are not about rest is already present in the first sentence. The Scriptures you cite are already listed separately in the first summary graf under "Frameworks" (seventh-day events); most of the Scriptures in this article need not be quoted in full because of WP:UNDUE weight, and should only appear if there is a textual question or if they are the best texts in the whole Bible. JJB 19:36, 17 September 2010 (UTC)
I'm glad you added some sources for that paragraph, a minor question for the ref...
Holmes, M. The Apostolic Fathers: Greek Texts and English Translations.
Is there a page # or url? — Willfults — continues after insertion below
- When I have them I put them in; others often don't. That came from another WP page and so I haven't web-searched for more details (I'm in the same spot as you about access to that ref). JJB 19:36, 17 September 2010 (UTC)
Just my 2 cents on my thoughts so you know where I'm coming from hope that helped. Again not trying to start a war here, not trying to argue that one side should have 100% of the article, not saying you're wrong to revert my changes as you added some sources, just letting you know my thought process, your comments are welcome.
And a servant of the Lord must not quarrel but be gentle to all (2 Tim 2:24) :) — Willfults — continues after insertion below
- Yes! JJB 19:36, 17 September 2010 (UTC)
OK, For Luke 24 section...
- My bad on not seeing Luke 23 mentioned above, for some reason I missed that (is it me or is this article a little harder to find stuff than others?). (Although I would like to add my refenced sentences in Luke 23, as the Luke 23 has no references, just comments such as "The women who wished to prepare his body rested on this Sabbath, intending to finish their work on the first day of the week (the day after weekly Sabbath)." perhaps a ref could go there. Sorry, when I see bible commentary that has a POV (whatever it may be) in a wikipedia article without a ref it drives me nuts :) — Willfults — continues after insertion below
- If there is any POV in the gloss that's not in all primary POVs, that's when it drives me nuts too (let me know). There is also the temptation to put SDA comments on this verse in line with the verse: but when one does that, one also needs a rebuttal of some kind, which is harder to source as this passage is used more by SDAs than most anyone. So the verse is re-referenced under 7th-day framework to support the point that Sabbath "remains part of the New Covenant after the crucifixion of Jesus", which is all that an in-line ref would be expected to say. JJB 19:36, 17 September 2010 (UTC)
Second point, "The dates of Christ's death and resurrection are not agreed by a lot of Christians, and that ambiguity was covered by the text glosses already herein."
If that is so (which it must be as you challenged it) then I agree with you deleting such a point. I thought Catholics and Protestants agreed on Good Friday and the resurrection of Sunday, thus one of the primary reasons the mention of Luke 24 and the resurrection. If they don't agree, then the statements in other paragraphs stating that Christ rose on Sunday and therefore the observance ...should be deleted or better stated as Protestants and Catholics or Sunday observance denomination XYZ don't completely agree that Christ rose on Sunday and use it as a point for observance. (just simply trying not to mistate someone's position is my point) — Willfults — continues after insertion below
- This is to accommodate the significant group of 7th-day and non-Sabbath people (and occasional first-day) that favor a Wed or Thu crucifixion and often an end-of-Sabbath Sat evening resurrection. Barnabas would be retained as is, as Sun resurrection was his POV, but the point could be expanded at Mk. 16:9. On that one I haven't had a good source saying how far the unanimity extends so it has stayed open. JJB 19:36, 17 September 2010 (UTC)
Some changes that I think need to be made.... For Col 2, In Col 2 the very last part the sentence "one should not let others judge one's Sabbath-keeping." Is inaccurate in regards to the Seventh-Day Sabbath keepers. Also the Jewish NT reference is an inaccurate defense for Seventh Day Adventists, and thus I removed it originally. — Willfults — continues after insertion below
- That last clause is actually just a gloss of the verse itself and seemed fine as a primary source in that most all camps are expected to take the text literally; but if a source says otherwise that's fine too. As you could see I added your source so that the sentence provides both the Messianic Jewish and the SDA position in close proximity, as they are in the same camp but reach the result differently. But is there something specific that you see as showing inaccuracy? JJB 19:36, 17 September 2010 (UTC)
Regarding Hebrews 8 mentioned in Col 2, actually there is a section that already covers this, and it is duplicate content (again didn't see that section). Thus I think I'll put the Hebrews 8 directly below Col 2, try to make them flow together (yet leave separate sections) — Willfults — continues after insertion below
- I added the Heb 8 yesterday in its sequential order (i.e., after Heb 4) and copied just one or two clauses. I wouldn't see a reason for discussing both texts together because any apologetic that jumps from one to the other should IMHO make only the allusion in one place and spell it out in the other. Then each text is interpreted on its own merits, with context remaining at the allusion level. JJB 19:36, 17 September 2010 (UTC)
There seems to be a lot of uncited commentary in certain portions of this article and if eventually we could get everything to have a source (or close to everything) that would be good.
Comments, questions? Will make some changes (maybe just one small one today and the rest this coming Monday on points discussed (and read any comments and take them into consideration if you leave any). Thanks, have a blessed week! Willfults (talk) 17:46, 17 September 2010 (UTC)
- Yes, we'll keep working on it and watch the sourcing improve! Keep putting in the section or inline tags as appropriate and feel free to continue bold changes as you see fit (hope I don't revert too much), and it'll all flow together. "Happy Yom Kippur!" I like to say. JJB 19:36, 17 September 2010 (UTC)
I'm restoring the following points: Sabbath in Lk 18 as meaning "week" (adding clarification); that some 7th-day people believe Sabbath remains as a memorial of creation per Col 2 (in your source); and that some also believe in not judging for one's Sabbath-keeping (adding clarification). Each of those is a significant POV about the passage in question. Whether Col 2 refers only to annual Sabbath is discussed earlier in that graf, and since a yes or no to that question is not particular to any camp, the question was mentioned only generically; so I'll add your Scripture cites in the earlier place instead. JJB 22:42, 20 September 2010 (UTC)
I'm writing to express my concern regarding the phrase μιᾷ τῶν σαββάτων and the argument built on it. When I first looked at the Greek underlying 1 Cor 16:2 "On the first day of every week, each one of you should set aside...", I noticed the word σαββάτων and thought, "Aha! A case of biased translation suppressing the notion of the Sabbath!" But when I looked into it a bit more, I discovered that this phrase actually means something like, "the first of the sabbaths" or "number one of the sabbaths". Apparently when the Greeks borrowed the Hebrew word for sabbath, they changed it a little to mean every day of the week. (Apparently the Greek word for week, outside of the New Testament, is βδομαδα.) So, μιᾷ τῶν σαββάτων is best translated "the first day of the week". Further evidence for this is that the phrase is used for the day of Jesus' resurrection, in Matthew 28:1, Mark 16:2, Luke 24:1 and John 20:1. So, this phrase cannot be used to refer to the seventh day of the week. Therefore, I request that the main author of this article rethink the argument built on this phrase and rewrite the paragraph. Thank you and God bless you. Bruce E Tuggy (talk) 04:59, 3 December 2011 (UTC)
I accidentally left out some references. In Vine's Expository Dictionary of New Testament Words, under "ONE", paragraph "A", entry (5), he writes "as an ordinal number, equivalent to protos, first, in the phrase "the first day of the week," lit. and idiomatically, 'one of sabbaths,' signifying 'the first day after the sabbath,' e.g., Matt. 28:1; Mark 16:2; Acts 20:7; 1 Cor 16:2." The rest of the time that σάββατον and its derivatives is used in the N.T., it appears to refer to the Sabbath or seventh day, as evidenced by Vine's discussion under "SABBATH", and has been translated as such. When the translators mentioned the word "week" in translating μιᾷ τῶν σαββάτων, they were expressing implicit information carried by that phrase. Although there is no mention of "week" in μιᾷ τῶν σαββάτων, the genitive plural form ("of the sabbaths") does not make sense unless one brings in the concept of seven weekdays. Please be careful not to assume too quickly that the translators were translating inconsistently or confusing the meanings of "week" and "Sabbath". Again, thank you and God bless you. Bruce E Tuggy (talk) 20:06, 3 December 2011 (UTC)
I'm disappointed to report that it appears Willfults has removed large sections of applicable material without enough explanation to satisfy a first glance. Many of these sections relate to the topic of Biblical Sabbath in certain POVs, all of which should be represented here, and the current article appears quite unbalanced by comparison. I intend to be working on this and I hope Willfults and I will continue to have an amicable discussion to ensure all significant, sourced POVs are represented. JJB 19:40, 14 April 2012 (UTC)
Death penalty[edit]
The Bible tells us repeatedly that there is a death penalty for working on the seventh day. E.g., Exodus 31:13-15 "Six days my work be done; but in the seventh is the sabbath of rest, holy to the Lord: whosoever doeth any work in the sabbath day, he shall surely be put to death." or Exodus 35:2 "Six days shall work be done, but on the seventh day there shall be to you an holy day, a sabbath of rest to the LORD: whosoever doeth work therein shall be put to death." This is to a large degree omitted in the article. Isn't a clear death penalty in for working during the Sabbath very relevant for an article about the Sabbath? An article about the Sabbath can hardly be said to be complete without a reasonable coverage on how the death penalty for working during the Sabbath has been practiced up through history. — Preceding unsigned comment added by 220.127.116.11 (talk) 10:50, 13 September 2013 (UTC)
Who,and when,established which day was which. I forget all the time what day is which. If I was running through the jungle trying to stay one step ahead of a tyrannisoris rex, one of the first things I would forget was what day it was. 188.8.131.52 (talk) 14:30, 22 January 2015 (UTC)
- Let's not forget what year this is, either; it makes it easier to keep ahead of the T-rex. Most of Christianity considers Mosaic law to have been fulfilled by Jesus during his ministry on earth. Since his coming, it does not apply in the same literal manner as before. Jesus also had some clear discussions with the Pharisees about their interpretations of the law even while it still applied, notably in the direction of the dismissal of legalisms and even condemnation of their attitude. Not everything Biblical is equally relevant, and not everything is to be taken literally. Some Christians may take issue with that statement, but it would be widely accepted. The article, too, needs to sort by relevance and notable interpretations. In my opinion, this topic does not make the cut. I expect it is the same with many other editors. Not a hot spot for reliable sources, either. Evensteven (talk) 00:10, 10 June 2015 (UTC)
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Anna: One Weird DreamMature
We walked through the pitch black, arms looped and a feeling of contentedness rolled over me for the first time in month, it had been the first time in months that I hadn't been almost mourning the failure of my relationship with Cara and trying to win her back and focussing on the present, focussing on me. How I hadn't seen how perfect Megan was for me before now was a mystery but now I had her, I'd be damned if I ever let her go. I wasn't going to fall head over heals immediately of course, but in time as we grew closer it would hopefully become inevitable.
I clasped her hand as we walked, the cool night breeze was causing us both to shiver slightly and pull our jackets closer around our shoulders. Neither of us spoke, not wanting to break the silence but instead listening to the sound of the crickets in the background and several owls hooting noisily.
The silence was only broken when we reached the front door to my flat and Megan cleared her throat, "Well, I better get…."
"You could stay…" I interrupted, "I mean I have a fold out couch bed in the flat which I can make up for you and it means I'm not fretting about you walking home in the dark," I justified quickly giving Megan a sheepish smile.
Megan stooped in and gave me a soft peck on the cheek before nodding and staying that she would love to crash on the fold out bed. I grinned at her and unlocked the door.
We headed up the stairs and upon entering the flat I flung my bags in a corner of the room, deciding that I would unpack later.
"Do you want, um, a hot chocolate or a tea?" I asked nervously, trying not to be all over her like a rash and risk frightening her off. Too my surprise, Megan took me by my hands and led me to the couch and sat me down.
"I want you to be you firstly. I can see what you are trying to do. Your brain is addled by a million different thoughts about how to deal with the situation, whether to jump right in with both feet or play it slow and steady because of past experiences. Just be yourself." She said gently, kissing my forehead and pulling me into an affectionate hug.
"I'm sorry," I said, "I'm just frightened that it will all crumble down." I admitted, pulling out of the hug and staring into her beautiful brown eyes.
"Oh sweetheart, you have no need to be scared, I am not going anywhere so you don't need to act any differently."
"What did I do to deserve you?" I asked her giving her a small kiss,
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I hugged her back softly and then pulled away, telling her that I would get the blankets and a couple of pillows for the couch bed for her. She smiled and let go of me.
Megan's soft snoring could be heard from my bed a few metres away and I listened to it almost like it was a melodic tune playing from my I-pod. It soothed me and was beginning to calm me down for moments previously I had woken with a start, cold sweat pouring down my face after a truly bizarre and frightening dream had awoken me.
I had been laid on a bed in a darkened room allowing a woman I had assumed at first to be Megan to trail kisses up my leg, along my breasts and on my lips however when I had looked at the dark haired woman sitting on top of me I had been surprised to see that it was Sam. I craned my neck to see if anyone else was in the room and I spotted Cara standing stark naked right next to the bed. She clambered on and began to kiss Sam's body whilst Sam kissed me and caressed my breasts with one hand whilst gently giving me orgasms with the other. Cara pushed Sam down onto me whilst trailing ice down the small in her back and causing Sam to playfully bite at my nipples. It was when Sam had suggested using the vibrator that I had awoken with a start, sweat pouring down my face.
I pulled my knees up to my chin and gently rocked back and forth, as though in doing so it would stop me remembering the dream and make me fall back into a dreamless sleep. It didn't. And that's when the tears began rolling down my face.
My gentle sobs must have aroused Megan who woke up and on hearing my sobs, rushed over and clambered onto my bed.
"What happened?" she asked concerned, pulling me into a hug. I explained all about the dream and how it had freaked me out to be dreaming such things and how I didn't understand at all what it meant.
"Maybe it's because your still rather conflicted?" Megan suggested, "You want to do the right thing by Cara by being friends with Sam but you still don't see eye to eye with her so maybe the threesome dream was a way of saying that there is still some conflict there, or stress on the friendship there?"
"Why are you so logical?" I asked seeing her point.
"Its what I do!" she said smiling gently down at me, "Now come on, lay back down and go back to sleep." She said pushing be back down off my elbows and under the quilt. She knelt on the floor next to my bed stroking my hair gently until I fell into a dreamless sleep from which I didn't awake until morning to see that Megan must have gone back to sleep on the couch bed after ensuring that I was settled for the rest of the night and there was no worry of me having another nightmare.


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Then there is poor old Marconi. In the first half, it made an operating loss of £222m. When exceptional costs and goodwill writeoffs are added, the loss of £5.1bn is described widely as the biggest deficit in British corporate history.
But is it? Probe the Vodafone figures more closely and put them on the same basis as Marconi, and there is a very different picture. Anything Marconi can do, Sir Chris Gent and Vodafone can do better. The only difference is that Gent chooses to hide the bad news in the small print and Marconi's new chairman Derek Bonham, who learned his accounting at the knee of Lord Hanson, chooses to come clean.
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In fact, between them, these two paragons of the hi-tech sector managed to wipe out £15bn of capital at the stroke of a pen - £250 for every man, woman and child in the country. The exceptionals and write-offs at both companies point to managements so caught up in the telecoms bubble that they totally ignored the sensible valuations of businesses and assets conducted by a previous generation of managers such as Lords Hanson and Weinstock.
There are, of course, key differences-between Vodafone and Marconi. Gent (like Hanson) was smart enough to understand the conjuring trick of the new economy, which is to pay for assets with shares, rather than allow debt to build up against assets that vanish before your eyes. Moreover, he appears to have invested in a business that could have a bright future, even if the great hope of third-generation mobile licences proves disappointing.
The ousted chiefs of Marconi are spotlighted in a BBC2 Money Programme at 7.30pm tonight. Despite the investment banking knowledge of former finance director John Mayo and the combined experience of ousted chairman Sir Roger Hurn and chief executive Lord Simpson, they showed no such knowledge of the power of paper. They took payment for disposals in paper and dissipated cash as if there were no tomorrow.
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When Vodafone shares tumbled, all the asset sellers who had taken the company's paper suffered. When Marconi's shares fell off a cliff, it was its old shareholders who suffered. The proprietors of firms it bought, such as Fore Systems in the US, must be laughing all the way to the bank.
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Posted Sun 09 Aug 15 at 09:21 AM
County 2-1 Boston Utd
A season that, for the Hatters, had been more eagerly awaited than many in recent years got off to a tremendous start with victory, by the odd goal in three, at Edgeley Park.
While the win, in terms of its scoreline, was a narrow one, County will have taken great heart from an excellent all-round team performance against a strong Boston side - which, having finished third, before bowing out in the play-offs, last term, will be sure to feature at the business-end of the table again this season.
Furthermore, there was a bit of history with which the Hatters needed to contend. Opening days of seasons, you see, had not been terribly kind to them - with only one since 2008 having yielded all three points. The visiting Pilgrims, on the other hand, were on the crest of a wave - winning every single opener since their relegation from the Football League in 2007. Worse still, one of those eight victories had seen them rattle in four at EP two years ago, to provide County with the rudest of awakenings to life in the Conference North (as was).
Still, different seasons, different teams, and all that...
Indeed, in County's case, the entire starting eleven and bench consisted of players who had not featured in any way, shape or form when the Hatters played their immediately-previous League match to round off the 2014/15 campaign just over three months earlier. (Even Danny Hurst - continuing as County's Number One - had missed the final-day victory over Harrogate due to illness.)
Hurst excepted, there were competitive debuts all round. And a first-ever appearance in a County shirt for Calum Dyson, who had recently arrived in SK3 on a youth-loan from Everton. With Dyson taking his bow as part of a fluid midfield in an initial 4-4-2 formation, how tempting it might have been to describe him as a sweeper...!
The Pilgrims, for their part, included a former Hatter, Carl Piergianni, in defence - a defence which, as it happened, had to undergo hasty last-minute adjustment when Zak Mills was injured in the pre-match warm-up and, consequently, unable to take to the field at 3pm.
In spite of this unexpected disruption, the visitors created the game's earliest chances, as Kaine Felix, prowling the right flank with pace and agility, whipped in two crosses. The first of these found Jack Friend - originally named as a substitute, but subsequently drafted in as part of the reshuffle to replace Mills - whose header flew wide of the far post. Sean O'Hanlon, meanwhile, made it his business to intercept and clear the second.
The Pilgrims looked to have created an even better opportunity for themselves when another cross - on this occasion, from the left - fell the way of their leading scorer from the previous campaign, Dayle Southwell. His resulting header, however, lacked pace, and was comfortably gathered by Hurst.
As County settled down, so began a spell that, for the remainder of the half, saw the Hatters command midfield and find themselves in a variety of potential scoring positions. First up, Karl Ledsham, whose shot from distance - a somewhat relative term, remembering his recent 45-yard success! - stung the hands of visiting Slovakian 'keeper, Henrich Ravas. And, shortly afterwards, Sefton Gonzales played in Dyson - whose first touch, as he cut into the Boston area, was sublime, but second released the ball into Railway End orbit.
The ever-imposing Piergianni, his blond locks a-flowing in the August sunshine, made his presence felt by providing five minutes of theatre towards the end of the first half-hour. Beginning with a header from a Kyle Dixon free kick that flew wide of County's post, 'Pidge' then raced to the other end to clear from the Boston line a goal-bound, headed effort by Ledsham that had followed a Dyson cross from the right. His third act in the course of this centre-stage appearance ended with a yellow card, after a foul on Danny Morton. (An improvement, mind, on the straight red that he had been shown on his last return-visit to EP!)
The Hatters continued to press, and to carve out opportunities. Gonzales was next to try his luck, with a shot straight at Ravas from the edge of the box. And Ledsham latched onto a defence-splitting through-ball from Glenn Rule, before his shot from an angle was blocked.
A little over ten minutes ahead of the break, County's pressure finally paid off. As Boston failed to deal with a Jordan Thorniley free kick, Kay Odejayi, to the left of goal, cut the ball back into the six-yard area, where Rule was waiting to dive and head home with bullet force.
Moments later, the lead was almost doubled, when a Morton delivery from the right began life as a cross but, as it evaded all who waited for it, turned into an attempt on goal and fizzed narrowly wide of the far post.
The Pilgrims hit back with two attacks involving Friend. The forward, on loan from Peterborough, first unleashed a low drive across County's goalmouth from the left, skimming the far post in the process, before volleying high into the Cheadle End from a Felix cross.
Braces of chances appeared to be on trend as the first half entered its closing stages, and a couple fell to Gonzales. The County striker poked an attempt narrowly wide of the right post after stretching to connect with a cross from Ledsham - and then, by way of near-perfect symmetry, headed beyond the left upright following Morton's right-sided delivery.
HALF-TIME: County 1 (Rule, 34), Boston 0.
The Hatters had been good value for their lead at the break, and, immediately following the resumption, created two further opportunities with a view to extending this. Dyson was involved in both: firstly, playing a neat one-two with Morton, before firing over the Boston bar; and, subsequently, executing a cross from the right that looped over to the far post, where Ledsham prodded wide.
Boston made two substitutions in the first ten minutes after the interval - bringing on Jay Rollins and Jamie McGhee. And the arrival of these two pace merchants heralded a period of pressure from the Pilgrims, as the visitors sought to get back on terms. Their best chance of the game to date followed a deep corner that found Piergianni. The ex-County defender proceeded to cross the ball back towards the home goalmouth - and at the feet of Mark Jones, who fired wide of an inviting net. Piergianni decided to take matters into his own hands when the next corner came over - or, rather, onto his head, as he nodded wide.
The threat of an equalizer felt ominous. And it duly followed on the hour, when a Dixon free kick caused pandemonium in the County box - culminating in a parry by Hurst that fell to Southwell, who fired into the roof of the net.
The Hatters were duly woken back up, and looked to counter without delay. Lewis Montrose fired high and wide from distance, before Rule went a good deal closer - firing just wide from two yards out after his initial near-post attempt, following a Ledsham cross, had been saved at point-blank range by Ravas.
In the meantime, Neil Young had made County's first substitution - introducing Joe Garvin two minutes after Boston's goal. And just as the visitors' early second-half replacements had altered the course of the game, so, too, did that made by the Hatters... and how!
There seemed to be little obvious danger when Garvin - playing in the 'hole' behind County's front two - had the ball at his feet some 35 yards out. But what followed was a sweet left-footed drive that continued the Hatters' predilection from pre-season for spectacular conversions, as it flew past Ravas into the bottom corner of the net.
Into the final ten minutes, the Hatters had cause on two occasions to be grateful for Hurst. County's custodian had almost single-handedly kept Boston at bay when the two sides last met, in Lincolnshire, just after the turn of the year. And, by first beating Rollins to a loose ball in the home area, before brilliantly tipping over a 20-yard half-volley from the same player, Hurst once again played a key role in stifling the... erm, Pilgrims' progress.
The curtain was brought down on a thoroughly entertaining - and, at times, exhilarating - contest, with a mazy dribble into the Boston area by Gonzales that led to a final scoring opportunity for County - but Lamin Colley fired over.
Not that this mattered, with the final whistle just moments away. On hearing it sounded, Mad-with-joy Hatters everywhere could rejoice at a most promising beginning to the campaign. And what's the betting, on this Summer's afternoon, having beaten these particular opponents, that a good few will have gone home to celebratory Tea Parties?!
FULL-TIME: County 2 (Rule, 34; Garvin, 68), Boston 1 (Southwell, 60).
Team: Hurst, Morton, Roberts, O'Hanlon, Thorniley, Rule, Dyson (Garvin, 62), Montrose, Odejayi (Colley, 79), Gonzales, Ledsham (Ellison, 87).
Unused Subs: Robinson, Tyson.
Booked: O'Hanlon, Rule.
Man of the Match: Rule.
Attendance: 3,396 (179 away).
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Ins and Outs of REIT Investing
Real estate investment trusts (REITs) may offer compelling yields, but taxation can be tricky. Heres why.
February 22, 2011
It seems like yesterday that investing in real estate held as much appeal as betting that the Minnesota Timberwolves would win this year's NBA championships.
In a few short years, however, while the residential real estate market no doubt continues to show signs of weakness, the appeal of investing in various real estate sectors has once again blossomed with some interest.
While one can most certainly go out on their own and invest in real estate property by property, many people invest through something called real estate investment trusts (REITs). For those seeking income producing investments, REITs can be an attractive addition to a traditional portfolio of dividend stocks, bonds and other interest bearing investments.
With that in mind, given some newfound interest in these investments, I thought a few quick words about them would be of help to you and your clients.
What Are REITs?
REITs are essentially corporations that bundle properties and mortgages together into securities known as unit investment trusts, which are investment companies that offer an unmanaged portfolio of securities as redeemable units to investors for a specific period of time. In other words, each unit of ownership in a unit investment trust (and a REIT) represents a fraction of ownership in each of the underlying properties.
There are three types of REITs:
While REITs sell like stocks on the major exchange, they generate income that is competitive with bonds. Because of these unique characteristics (and their often low correlation to other asset classes), they are most often considered alternative investments.
Why REITs?
For most individual investors, purchasing income-generating real estate is out of reach financially. REITs, however, allow small investors to pool their resources and invest in large-scale real estate projects, both residential and commercial. Additionally, many investors find REITs appealing because of their potential to produce a high level of income and their low correlation to traditional asset classes, namely stocks and bonds.
REITs are unique investments. You will get a clearer picture by looking at funds from operations (FFO) than you will by looking at net income when evaluating them from a financial perspective. This is because net income numbers include depreciation expenses, which are not often relevant to real estate because property rarely loses value and often appreciates. FFO, on the other hand, excludes depreciation and adjusted FFO also deducts the likely expenditures necessary to maintain the real estate portfolio, so this is generally a particularly good measure of the REIT's dividend-paying capacity.
REIT Taxation 101
REITs are required by law to distribute at least 90 percent of their taxable income to their unit holders each year (and most REITs distribute 100% of their taxable income). In order to maintain their status as pass-through entities, REITs deduct these dividends from their corporate taxable income.
Since REITs are unit investment trusts, they must follow the same taxation rules as all unit investment trusts, i.e., they must be taxed first at the trust level, then at the beneficiary level.
At the trust level, REITs are subject to a few rules beyond those of other unit investment trusts.
Example: Rental income is treated as business income because the government considers rent to be the business of REITs and a result, REITs can deduct all rental-related expenses just as corporations can deduct all business expenses.
Example: Income distributed to unit holders is not taxed to the REIT, but if the income is distributed to a nonresident beneficiary, the income must be subject to a 30 percent withholding tax for ordinary dividends and a 35-percent rate for capital gains, unless the rate is lower by treaty.
More relevant to individual investors and their accountants, however, is REIT taxation at the unit-holder level. The basic rule to remember is that REITs' dividend payments are taxed to the unit holder as ordinary income (at the unit holder's top marginal tax rate) unless they are considered to be qualified dividends, in which case they are taxed as capital gains.
It is also important to note that a portion of the dividends paid by REITs may constitute a nontaxable return of capital. A nontaxable return of capital is a return from an investment that is not considered income; it occurs when some or all of the money an investor has in an investment is returned to them, thus decreasing the investment's value.
The unit holder's taxable income in the year the REIT dividend is received is reduced when a portion of the dividends constitutes a nontaxable return of capital. It also reduces the unit holder's cost basis so that, theoretically, it is possible, however unlikely, for a unit holder to achieve a negative cost basis if the units are held for a long enough period of time.
That may sound complicated, so let's look at a hypothetical example. Say that Bob invests in a REIT that is currently trading at $20 per unit. The REIT has funds from operations of $2 per unit and distributes 90 percent of these funds (a total of $1.80) to unit holders. However, part of this dividend ($0.60 per unit) comes from depreciation and other such expenses, and is thus considered a nontaxable return of capital. As a result, only $1.20 ($1.80 - $0.60) of the dividend comes from actual earnings. This $1.20 is taxable to Bob as ordinary income, and his cost basis is reduced by $0.60 to $19.40 per unit. When the units are sold, this reduction in cost basis will be taxed as either a long- or short-term capital gain or loss.
REITs have performed well in recent months, with the FTSE EPRA/NAREIT Developed Index, a measure of global REIT performance, returning six percent in the fourth quarter of 2010.
Early in the fourth quarter, global real-estate stocks advanced as the world economy improved. But in November, REIT markets fell when other global investment markets fell on renewed worries about troubled banks, excessive debt and rising bond yields in peripheral Eurozone countries. However, assurances from European officials calmed the markets, and UK and Continental Europe real estate stocks rebounded.
If the global economy gains firmer footing, this could bode well for real estate fundamentals and spark an investment in REITs. But following 2010's strong bounce-back for the global REIT market, it's important to note that markets in the best-performing regions appear fairly valued.
Regardless of the performance of REITs in the near-term, their unique taxation of REITs can translate into compelling yields, which many investors are seeking as a consistent stream of income in today's low-interest-rate world. However, I generally recommend that REITs comprise no more than 25 percent of an investor's fixed-income portfolio, as these investments are not without risks. Because they focus on one sector, for example, they can be subject to concentration risk.
Lastly, as with all investments, be sure your clients speak to a qualified tax advisor and investment advisor before making any investment.
Alan Haft is an investment advisorrepresentative with an insurance license, author of three books including the national bestseller, You Can Never Be Too Rich and makes frequent appearances in national print, television and radio media such as The Wall Street Journal, Money Magazine, CNBC, BusinessWeek and many others.
For full disclosure, Haft is a part of a firm that utilizes all industries which typically includes us receiving percentage based fees for brokerage services as well as commissions when implementing insurance based plans. Haft does not work for any particular financial company or industry nor should this column be construed as an endorsement or condemnation for any particular product. Readers should note that all views and vendor recommendations as expressed in this article are solely the author's and do not necessarily reflect the views of the AICPA CPA Insider™ or the AICPA.


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Here we show you the Blackscale x Logitech t-shirt that will be dropping along with the Logitech iPod Sounddeck. This is the second full pack we show you in this collaboration series after the Mighty Healthy x Logitech that we presented a couple of days ago.
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I installed 5 of these outdoors as part of a new gun store CCTV system. EVERY one of them has failed due to water getting into them! We found that if I sealed the area where the pigtail goes in they lasted longer but they have all failed and the replacements failed as well! Many of them would have water pour out of them for a while after opening the bottom hatch! I had to get a different brand and label the remaining stock I had "Indoor use only!"
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This is a very nice high quality camera for the $$ however we have had issues when they go to night vision.The cameras go blank and power down. We have traced this to a high current draw that some 12 volt power supplies cannot support.The 36 infrared led's are no are no longer being used, there are now 2 superbright infrared led's instead. We are now forced to use a high output power supply when we install these. I only wish we were told in advanceof the production change.
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Yes (Redgrave)
I don't like to see a champion as great as Michael Schumacher coming home as an also-ran. Despite what the current formula one drivers' championship says (Schumacher has barely more than half as many points as the new champion Fernando Alonso), I and plenty of others still rate him as the world's best driver. But this new situation - not just the reverse in his fortunes, but all the rule changes introduced this year - will have given him plenty of hard thinking to do.
Some might argue that Schumacher should carry on, to show how good he is by winning again under the engine and tyre rules that appear, almost, to have been introduced this year to make sure someone else won the title instead of him.
But Schumacher has no need to do that - he doesn't have anything left to prove. He has already shown, first at Benetton and then at Ferrari, how he can transform any team scenario into a winning situation.
On top of that, given the danger inherent in the sport even now, it seems logical to think that this may be the time for him to bow out and find a way to spend those many millions he has made and to discover what he wants to do with the rest of his life.
But - and it's a significant but - Schumacher has to retire for the right reasons. Stepping out for political reasons, for example, would be wrong. So it is not going to be easy for him to take this momentous decision.
From my own life, I know it is critical to make up your own mind. Simple as that sounds, there were people who told me to retire after the Seoul Olympics in 1988. They thought that winning two Olympic gold medals was the "top", and I could never better that.
So, another three gold medals later, in one way I'm not one to sit in judgment on Michael Schumacher now. People may have thought I got out at the top but, truth be told, if I had had my health I wouldn't have stopped when I did in 2000.
The thing was, I always thought I could become a better athlete with age. It was only due to the physical hardships of the last three years of my rowing career between 1997 and 2000, with the diabetes and colitis, that I made the decision to retire. I knew that physically I wasn't up for another four years. But if I'd had my health then I probably would have carried on to the Athens Olympics.
Certainly it's difficult to step out while you're at the top. The problem is, how does someone like Michael Schumacher define the top - yet another world championship?
What's important for me, and I'm sure for him too, is finding personal objectives and individual challenges to motivate you. That's what kept me going for so long. And the great thing is, there are plenty of other things to achieve in life beyond purely winning.
No (Lauda)
I really don't think Michael Schumacher should retire. There is no reason for him to do so. OK, so he has had a bad 2005 season, and Fernando Alonso has taken the world championship drivers' title that Michael had held since 2000. But everybody who knows anything about the formula one business knows this has been down to the performance of Michael's equipment rather than anything else.
There is no doubt in my mind that Michael is as utterly determined as ever, and that he has the passion to keep racing next season. He's going to want to prove to his younger rivals such as Alonso and Kimi Raikkonen that he can fight back from a losing situation like this and bring Ferrari to the front again.
I probably understand better than most drivers how difficult it is to make the decision to retire from this sport. When I stopped for the first time in 1979, to be honest I had just got fed up with driving around in circles. I was practising for the Canadian grand prix, the Brabham team had given me a competitive new car and I should have been really motivated. But I wasn't, so I took the decision there and then to quit.
After two seasons off, however, my desire had returned and I came back to drive for McLaren, winning another world championship.
I finally retired for good at the end of 1985, by which time I admit I was worried about hurting myself and was concentrating on getting through the season in one piece so I could get out.
OK, the cars were becoming pretty safe by the mid-1980s, but there was still the possibility to really hurt yourself. Today that is much less of an issue, though of course there is always still a risk. But Michael is intelligent enough to have weighed this up and I think he is absolutely right to continue if he still feels sufficiently motivated.
Obviously the moment will come when he knows it is time to stop. You can have all the talent in the world, but the moment that penny drops and you don't want to do it any more, it is best to go immediately rather than staying on to the end of the season. I have seen several drivers who have gone on too long and been embarrassed by their drop-off in performance. The really clever drivers realise that they have dropped their performance slightly before it becomes obvious to the rest of the world.
Of course there is a lot of emotion involved in the decision of any sportsman to retire, and particularly from a business as exacting and demanding as formula one. But when you distil it all down, the decision is actually quite clear-cut. From the outside Michael still looks fit, he radiates confidence and he motivates the Ferrari team even though they've had a poor season. That is why, for the moment, I believe he is right to carry on.


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If you are a single person earning $60k or more per year where can you rent in Ward 8?
Last week two single professionals reached out and expressed a sincere interest in moving to (or back) to Ward 8. While that was a good thing (they would have made great Ward 8 residents) it came with a challenge. Neither person could find a Ward 8 apartment complex that met their needs (see below) that didn't have an income cap or some other income restriction. There were a few (and I mean a few) properties they were interested in but without dependents their salaries (modest by regional standards) priced them out. I've addressed this issue before in a prior post about Ward 8's need for some market rate (or mixed income) rental properties.
So if you can, please put your thinking caps on and give some recommendations for some suitable rental properties -- without income caps -- that fit these requirements:
- In walking distance of public transportation (either metro, bus or Bikeshare)
- Parking
- Close proximity to a grocery store/gym/cleaners
- Relatively new or recently renovated
- Safe (with the understanding that "safe" is subjective)
- Accepts dogs
Of course, considering the current condo market in Ward 8 it is possible to sublet but for the purpose of this exercise please limit your suggestions to apartment complexes. Curious to know if Ward 8's inventory for "market rate" rentals is adequate (if existent at all).
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