Commercial real estate investing (CRE): it can transform your business and skyrocket your wealth. Commercial real estate investing has longtime been a source of additional wealth for both businesses owners and investors alike. But new investors or those who have focused on residential real estate may not have considered investing in commercial real estate properties…
Category: Finance
Commercial Real Estate Financing Basics (Best Guide)
Commercial real estate investing (CRE): it can transform your business and skyrocket your wealth. Commercial real estate investing has longtime been a source of additional wealth for both businesses owners and investors alike. But new investors or those who have focused on residential real estate may not have considered investing in commercial real estate properties…
Steps to Closing a Business – Do It The Proper Way
Every year in the United States, more than 627,000 new small businesses open up. These can be exciting new ventures that allow you to expand your business experience or explore a new industry! However, not every new business will last. In fact, only around 50% of small businesses keep running for more than 5 years after their opening date….
What Is Step-Up Basis? The Complete Guide (to Legal Loophole)
The step-up basis tax rule saved individuals about $116 billion over the last 10 years. It’s a tax provision that allows you to lock in the cost of assets. Do you know What is Stepped-up Without the rule, you’d pay a significant amount of tax on the appreciation of inherited assets, like stocks or real estate….
Roth IRA Conversion: Pros and Cons
How much you pay in taxes now can have a huge impact on how much money you have to retire with in the future. One way that people can minimize how much they pay in taxes is with a Roth IRA. These are accounts where you contribute money that’s already been taxed and later have the…
Capital Gains Tax on Real Estate: Everything To Know
Homes in the US are selling faster than they have in 20 years, with the average time to find a buyer being just one week! But buying a home comes with many financial responsibilities. Some you’ll pay upfront, like your down payment and closing costs. Other’s you’ll pay over time, like your mortgage and property tax. And some…
Centralized vs. Decentralized Crypto Exchanges
Are you interested in cryptocurrency? Then you’re probably wondering where the best place to make a purchase is. As you research crypto exchanges, you’ll notice the terms centralized vs decentralized. These are the main types of crypto exchanges, and they are fundamentally very different. Centralized crypto exchanges are heavily regulated, and are often the starting point…
Investing in REITS and Real Estate Syndications: Ultimate Guide
There are hundreds of types of investments to choose from. Some investors have specific preferences, while others look to build a carefully crafted portfolio of assets to take advantage of diversification and risk mitigation. This blog will discuss the more popular real estate investment vehicles used in portfolios and unique real estate opportunities. Continue Reading…
Understanding Solar Tax Credit in 2022
The Solar Tax Credit 2022 is a valuable incentive that can help reduce the cost of solar energy systems. According to the Solar Energy Industries Association, solar has seen 42% annual solar growth as a result of the Solar Investment Tax Credit (ITC). To qualify for the solar tax credit, certain requirements must be met. In this…
A Complete Guide to Freelancer Tax Deductions for 2022
Did you know that freelancers can take a lot of tax deductions? In 2022, there are several freelancer tax deductions you can claim to reduce your taxable income. The thing is, there are many deductions you may be eligible for, but not everyone is familiar with them all. As a freelancer, you are responsible for…