Are you Protected?
Accruing wealth is just one part of establishing a strong financial strategy. Once you have gathered wealth through business enterprises or valuable investments, it’s your job to keep that wealth secure, not just from market fluctuations, but also from lawsuits and other risks. The key to this asset protection is to keep your money sheltered…
Is the government okay with you holding real estate in your IRA?
If you ask Wall Street if you can hold real estate in your IRA, the answer is no! If you ask the government, you will find that they are perfectly fine with you holding real estate in your IRA. I have been a practicing CPA for almost 20 years and this is a powerful wealth…
How to profit with real estate investing
You can easily profit with real estate by choosing a marketplace in which to buy income producing real estate that is in the Path of Progress. The path of progress is where the majority of new construction is taking place. Where economic growth is occurring and where “things” are happening. The number of building permits…
Why You Are Losing Money with a Bank CD
The goal of an investment is twofold. First, you’re looking for a way to set money aside and keep it secure. Second, you want to grow that money to increase your purchasing power. While many investment vehicles promise to do just that, the truth is that you will actually lose money by investing in the wrong…
Two things in life are certain
Benjamin Franklin is credited for saying: “The only things certain in life are death and taxes.” Taxes are one of the largest and most unavoidable expenses any individual or business owner might face. Unlike other expenses, taxes scale up with your income, and your tax burden can be very high if you’re a high earner….
Do you use your time wisely?
A day lasts for 24 hours regardless of who you are, yet some people seem to make the most of their time while others never seem to have the chance to finish all their projects. The key to getting the most from your day is effective time management, a skill that takes time to master….
Your Assets should work harder than you
Your assets and investments provide you an opportunity to grow your money. Over the past 18 years working as a CPA, I have observed how my most successful clients have generated their wealth. I have worked with clients who have a few hundred thousand to clients who are worth more than $50 million dollars. I…
Financial Independence in the New Year
As January gets underway, people are turning toward ways to make the new year better than the last. For many people, this means getting finances under control once and for all. Debt can be debilitating, and it’s a challenge to get out from under it. Once you free up your money from debts, however, you’ll…
Why I believe September is the Month of Preparation
Although the new year officially begins in January, the fall feels more like a fresh beginning for many people. With school starting up, the weather changing and football season getting into full swing, September is a month filled with a spirit of new beginnings and fresh starts. This makes it the ideal time to start…
Is the government okay with you holding real estate in your IRA?
If you ask Wall Street, the answer is no! If you ask the government, you will find that they are perfectly fine with your holding real estate in your IRA. Why would Wall Street leave real estate off the permitted investments section of their IRA applications? One word: Profit. You see, they can make a…
