All Forum Posts by: Daniel McNulty

@Litan Yahav

I try to monitor them quarterly. I found anymore frequently produces white noise and more effort than it’s worth.

I want a 1 page summary (max) that touches on operations, personnel, market, any problems / resolutions. I want performance clearly documented for this quarter, the specifics of which will vary by asset class. I also want to see our IRR or since inception performance along with forward looking guidance.

I like to roll it all up into a spreadsheet documenting the date of the last update, performance and then I give it a green, yellow, red indicator that correlates with all good/ no problems, monitor, intervene / liquidate if applicable.

@Andrew White

I've used Barnes and Thornburg LLP on a variety of occasions for international tax help. Happy to recommend my contact if needed.

@Jack B.

First, why are you considering irrevocable trusts? These are normally used in estate and tax planning more so than just your average protection scenario.

Secondly, If you are worried about the safeguarding of your trust assets, hire third party, professional trustee and administrators. Have your attorney draw up the trust but rely on a custodian to safeguard the assets.

@Marc Cohen

I am partial to value added mfh in the southeast and southwest. It’s a solid middle ground between coastal markets and the midwest markets.

@Ben Colangelo

I would look for low expense ratio, passive ETFs. They are more tax efficient, more liquid and cheaper.

@Bill Ort

It depends on what size / scale you need. Most people get started with a local credit union as it can be easier to secure loans on rental properties.

Unfortunately there is no right answer or one size fits all solution.

Good luck.

@Sterling Hiebert

Yes! Stick with Roth while you are young and in the lower tax brackets.

@Bradley J Allen

You may find the simplicity of what you are looking for to not be worth the going rate.

If you are just looking for an annual check-in on leverage ratios you can find those that charge by the hour. Again it may not be worth it if that’s all you need / want.

@Troy DeLong

Qualified Opportunity Zones and Tax Loss Harvesting are your only real options here.

Give both a google.

@Samuel Bergen

I use cozy.co. It works pretty well and is free.