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Is investment poised to pour into Oakland? Lake Merritt tower controversy may provide a clue

Already, development interest in Oakland is starting to reach a frenzy, though there is still relatively little construction going on. A public site in the Uptown neighborhood garnered interest from eight housing developers. Real estate investors have also started to eye West Oakland, as the Business Times detailed in a cover story last month. “Oakland is going to fire up like you can’t imagine over next 12-to-18 months,” said Chris Foley, partner at the San Francisco-based condo sales and marketing group Polaris Pacific.

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10 homeowner tax breaks you should be taking advantage of

From being able to write off virtually all mortgage interest, not only for your primary home, but for a second home as well — up to $1.1 million of debt (when you include home-equity loans) in most cases, to being able to write off your property taxes, homeowners have opportunities for dozens more federal income tax deductions than renters.

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