Real Estate: Defer Taxes with a 1031 Exchange
Monday, May 24
Overview of 1031 Exchange Real estate investors who want to sell a property without having to pay capital gains can use a 1031 exchange. A 1031 exchange (the name comes from Internal Revenue Code section 1031) defers the capital gains tax until a future date if the proceeds from the sale are used...
Ready to Retire? Don't Focus on Portfolio Size
Friday, May 14
Is $2 Million Enough to Retire? We have all seen the articles questioning if a certain sized portfolio is enough to retire. Whether it is $1 million, $2 million, or $5 million, this is really not the right question to be asking. The ability to retire is not based on portfolio size, it is based on...
Explanations and Strategies for this Expensive Real Estate Market
Thursday, April 29
This article first appeared on www.LoadedforLife.com If you are trying to buy a home now you are facing a very competitive market. Homes are receiving multiple offers, often in cash, and frequently for tens of thousands of dollars above the asking price. For example, a home in our neighborhood w...
Set a Goal to Earn $2,400 in Passive Income
Saturday, February 20
This article first appeared on www.LoadedforLife.com Creating a diverse stream of passive income puts you on the path to financial independence and retiring early. A great way to start is to set an achievable goal that is also a meaningful step towards your long term financial plans. I encour...
Real Estate: Comparing Today's Market to the 2007-08 Crash
Saturday, February 06
Investing works in cycles where asset values rise in bull markets and decline in bear markets; these dynamic periods can lead to massive amounts of wealth changing hands. The time to invest aggressively is often when other investors are fleeing the market. And the time for caution is during an ...
Ready to Retire? Answer These Eight Questions
Friday, January 22
The key to a successful retirement is proper planning. There will always be some bumps along the way, but the right plan will help avoid unpleasant surprises. Below are eight questions to ask yourself on expenses, passive income, and post-retirement working options to see if you are ready to re...