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Business for Friday, June 12, 2009

10 Questions for Lori Reich of Reich & Associates Business Services, Inc.

Before starting Reich & Associates Business Services, Lori Reich was taking care of another kind of business — kids. For 10 years, beginning in the mid-90s, she ran a family daycare center out of her Napa home. 

Welcome to the neighborhood

Uncorked at Oxbow, a new, state-of-the-art wine tasting salon, opened Monday at 605 First St., across from the Oxbow Public Market.

Little engine that did

The Little Engine That Could had to push pretty hard against gravity and perceptual obstacles. Outside of children’s bedtime books, heroic locomotives pull their weight to a higher standard of air quality. Old diesel-powered engines out there right now are chanting in several languages, “I think I can convert, I think I can convert, I think I can convert.” To what?

No capital gains tax will have to be paid

Dear Len & Rosie, Mother passed away two months ago. We just found the deed to the house. All five names were on the deed — mom and the four kids. When we sell the house do we have to pay capital gains tax? If so how much? - Judy

Brother seems to have exceeded his authority

Dear Len & Rosie, After my father’s death, my mother gave my brother, Stephen, a durable power of attorney. Mom was never all that good with finances, and all of us agreed that it would be better for Stephen to take care of things in case anything bad happened to her.

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