Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-03-07
LAND.MEN
! TACKLE THE income TAX
Agents Make Returns for. Clients.
Ninth Street Property Bears
= Three Profits in Six Months.

s fakei!the fraternity of real estate
AGENTS as whole and IL never saw
2 phsior time than the fraternity had
actual real estate transactions to keep
tiDm going so hard, for the week was
featured with very bad weather OF
usual activity, and right glad some OF
thSm were that weather conditions kept
ths buyers and traders and renters
&ay. for majority of the agents had
all the work they could stand up to
irNwrestling with income tax returns.
IT must not be inferred from this
tltt the real estate agents all made
sVat fortunes last year: for such is not
tbE case, but majority of them are
representatives of estates and of easy
lost 10 the income taxes Uncle Samuel
imposes upon the people as war debt
paging measure, and, as such represcn-
tarves,. they have tho making out OF
Ing piece OF business they have found
itHto be.
Yet Fairly Good business There Was.
Come agents represent several GUS
toners In this business. az many as
haf dozen or more. and to go over
the books and receipts and contracts
ana Vouchers and all the like OF that
and finally get the papers in shape, to
satisfy Uncle Sam's agents is II big
JOB, even IL only. one person or one
WHO have during the past week been
wrestling with four or five or six or
eight returns have had the job of their
par SS' that nat for the past Week w they have
had to work until the late hours Of
ths night.
thing doing in the bona fde real estate
basiness,. Some good sales were made
in. both business and residential prop
pulled or on the Broad Street side
efS,the old Richmond College grounds.
which deal has already been reported
inthcse columns. The numerous trans.
toss 10000 or $4,000. aggregated a good
asum, and all of the agents inter
viewed expressed satisfaction over the
weeks business.
Reai Estate Firm Duys ONCE building.
Eh emost interesting transaction Of
known as the commonwoaith Bank
building. changed hands for the third
was sold by the owners. e. p. Murphy
e. sScn, to ]. d. Carneal &: Son for $685.
oe. And here one sees the evidence
Richmond business properties in late
months. Six months ago the same
prGperty was bought for $4,000. Later
ihs Murphys bought it for $4,000, and
who >arc supposed TO be judges of
values, for $4,000.
Carneal q Son bought the property
torA make ii their real estate Offices.
and IN short while. possibly by April
]. they will move from the old stand
they have occupied for many years
oreElcventh Street to their own build
ing, occupying all Of I'll" ground floor
and making 1t An ideal and roomy -ea,
nstate Office.
Several other agencies are finding II
necessary because OF the demand on the
pant Of renters to buy Offices. or il may
be.that they are finding that with the
higher rental charges that ara now
prevailing II is cheaper to own an office
thanv to rent one. But be that as IT
may the fact Is that some of the
Eighth Street real estate agents have
wihhin tho past few weeks bought the
h,ft1 Gs they have been occupying and
thNs made their location on that thor
ohEhfarc permanent,