02/06/2026
q u i c k t a k e s . . .
* An 11,000sf home in New York’s Hamptons has a signed lease for $700,000 in rent for 2 weeks! And…you can collect rent tax-free for a total of 14 days or fewer per calendar year, according to the IRS (often referred to as the “Augusta Rule” or Section 280A). (CNBC)
* While the news that U.S. employers announced 108,435 layoffs for January, up 118% from the same period a year ago and 205% from December 2025, and the highest for any January since 2009, this news could influence the FED to lower rates..... The 10-year dipped below 4.2%
* While home owners insurance usually covers damage from burst pipes, if the damage is a result of water seeping into your home from melting snow or ice, that likely requires flood insurance.
* As of late 2025, the total market capitalization of all cryptocurrencies globally has reached between $3.3 trillion and $4.2 trillion. The global investment in gold is about $29 trillion (up 25% in past 4 months). This compares to about $393 trillion in real estate. This week’s ‘crypto crash’ saw Bitcoin drop to around $61,000 (down around 50% in less than a year).
