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Rising Harvard junior Chris Lambert from the United Kingdom has become the school’s third athlete to meet a World ‘A’ qualifying standard this year after running a 100-meter dash in a personal-best 10.24 seconds on July 14 to place fourth at the Norwich Union World Outdoor Trials and AAA Championships...
Brenda Taylor ’01 and senior Dora Gyorffy have earned spots on their respective national teams and are eligible to compete in the World University Games. Taylor placed third in the 400-meter intermediate hurdles at the U.S. Nationals in late June, while Gyorffy is the top-ranked high jumper in Hungary...
Lambert’s personal best times in the 100 and 200-meter dash are significantly faster than the winning times this past season at Outdoor Heptagonals, the championship meet of the Ivy schools. No Harvard sprinter placed in the finals of either event at Outdoor Heps this season...
...moving didn't make as much sense. Now you can get an exclusion every two years. Swarms of homeowners with a collective $4.5 trillion in home equity in the U.S. are bumping up against the new limits. To extend the tax benefit, they must somehow reset the tax-exempt meter to zero, usually by selling their home and buying another...
Some tax pros have been angling for ways to reset the meter without moving. Philip Holthouse, a partner at the Los Angeles tax firm Holthouse Carlin & Van Trigt, says you can do that by setting up a trust and selling the house to your adult children. Future gains will accrue to family members tax free, and it may help in estate planning too. He warns, though, that children without income cannot take advantage of the mortgage deduction, which may be worth more than any capital-gains tax saving. Another option is to sell your house and lease it back with...