REHOBOTH BEACH, Del. -- The "no vacancy" signs outside hotels, sunburned families packing boardwalk amusement rides and thousands of students working in surf shops and souvenir concessions along the avenues suggest that the beach economy is booming this summer.
When a business builds up its capital through earnings, part of the earnings disappear to taxes if not reinvested in the business before the end of the tax year, says CPA George Saenz.
Open House takes a look at cities likely to recover first from the real-estate slowdown, a luxury boom in North Texas and Phoenix neighborhoods with high foreclosure rates.
