Article by Elaine Voncannon Anyone who purchases property understands the importance of making smart financial investments. In real estate, homebuyers and sellers have the same goal – to build wealth. There are many strategies that can help real estate investors maximize their investment potential and increase their return on investment (ROI). A popular strategy that … Read more
The word “Tax” seems inherently dull and bothersome. However, in my view tax is the secret weapon of wealth creation. It should be a cornerstone in your financial planning. One fell swoop of a pen on some documents backed up by some clever tax planning can create instantaneous wealth. This is what the wealthy have … Read more
<!– @page { margin: 0.79in } P { margin-bottom: 0.08in } –> Why Do a 1031 Exchange? Investors can trade up, consolidate, diversify, leverage or relocate their investments and not be penalized by having to pay either capital gains or recapture (the amount deducted while owning the property is taxable if the property is sold). … Read more
Time to discuss debt free solutions, but before we do let’s try and understand how and why the average household is in danger of being strangled financially because of debt. The current state of the economy plays a big part, but that only speaks of the last 4-5 years. Things were pretty bad way before … Read more