When it comes to real estate investing, many people would only think of rentals. Buying a rental home and renting it out is probably one of the most popular and comfortable ways for many people to invest in real estate. However, like other things in life, there is no such thing that is the best for everyone. I have seen people are buying rental homes because they want to invest in real estate but know nothing better. I have seen people keep their rental property that doesn't make economic sense, even they think it does. On the other hand, I have also seen people keep complaining about being a landlord. There are so many other types of real estate, along with many different ways to invest. This week I will share with you an index chart I use when I educate my clients on real estate investing. It doesn't have all the detailed explanations for each category, but it serves the purpose as an index or a reference chart for you to learn most of the options you have when it comes to real estate investing.
3 Tax Planning Opportunities Before The Tax Due Date
It's tax season again. As always, people start to reach out and want to see if there is any way they can save some taxes for last year. My answer to them is always this: you are asking the right question but at the wrong time. Tax planning for a year needs to be done way before December 31 of that year, not the following year. You could learn some of the tax planning strategies from my previous blog post "10 Tax Planning Opportunities Before Year-End For Individuals". Having said that, there are still three things that you may be able to do before the tax due date to improve your tax situation now or in the long run.
2019 Forth Quarter Market Review And “Tuning Out the Noise”
It's time for our quarterly market review again. This quarterly material is to help you reinforce the concept of diversification, and serve as a reminder that you should view daily market events from a long-term perspective and avoid making investment decisions based solely on the news.
The article "Tuning Out the Noise” on the last two slides reinforces our point of investing beyond the headlines. Enjoy reading!