The Afterlife Of America’s Dead Malls

The Afterlife Of America’s Dead Malls

(Nicholas Eckhart)

When a mall dies, what happens to its corpse? If the mall failed because of too much competition, renovating the mall space and building a new one doesn’t make a whole lot of senese. As America deals with the massive carcasses left over from the heyday of in-person commerce, dead malls are being re-used in many ways: some that you might expect, and others that you might not.

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L.A. Warning Airbnb Hosts About Their Tax-Collecting Obligations

L.A. Warning Airbnb Hosts About Their Tax Collecting Obligations

(Chris Goldberg)

Subletting one’s home or renting out space on your own property has long been a way for some Los Angeles residents to earn some extra income without telling the taxman. And the rise of home-sharing services like Airbnb and VRBO has only encouraged more people to make money off their unused rooms. But the city of Los Angeles is now sending stern reminders to people who list properties on these sites that they have to pay taxes similar to those paid by hotel operators.

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