Real Estate and 1031 Exchanges Andrew Carnegie once said, “ninety percent of all millionaires became so through real estate.” To this day, Mr. Carnegie’s words ring true, with real estate investing contributing to the financial success of many people around the world....
A well-known proverb says, “a journey of a thousand miles begins with a single step.” Likewise, the journey of starting an investment portfolio begins the same way–a pivotal point in that journey being the first step. There are many who desire to accumulate the...
Between May and July, there are six celebratory dates when I need to buy a gift for either my parents or in-laws: four birthdays, Mother’s Day, and Father’s Day. Between these summer months, I would find myself almost in a Christmas-shopping-like state trying to find...
1. Write Off Real Estate to Decrease Taxes DEPRECIATION. This word carries such a negative connotation, but in tax code, it is a gift afforded to owners of investment real estate. The IRS allows real estate investors to depreciate (write off) a portion of the value of...
Diversify: Find More Stable and Secure Investments with Commercial Properties Diversification is defined as the act of spreading investment dollars across a range of assets to reduce investment risk. A diversified portfolio helps balance volatility since no one asset...
