She reported no financial assets.Her company has not filed for bankruptcy.Van Gundy has boasted she was part of one marketing group’s exclusive “two comma club” for earning more than $10 million.She’s currently out of work and collecting $600 a month in unemployment compensation, the court document shows.Luttrell, the attorney for creditors, asked Van Gundy during the meeting what happened to an offshore account that held $20 million worth of gold bullion as of Sept. 3.

There are other options such as harvesting capital losses on other financial instruments, but the stock market has been pretty good lately, so that may not be an option.

@Chad VerdeInvestment strategies can be employed to achieve financial goals, such as house hacking, BRRRR, short-term rentals, real estate syndications, property development, long-term wealth-building, flipping, and debt paydown.

Thank you You are obviously a sincere young person looking at improving your financial position.  

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.

While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).

I am located in Northern Utah and would love to invest locally, but it does not seem feasible for my strategy and financial position.

Banks often have very rigid requirements, such as high credit scores and a detailed financial history as well as lots of paperwork.Private Money Lenders: Faster and more flexible.

Here’s how it benefits you:•Faster Evictions: The expedited eviction process minimizes financial losses from unpaid rent and property damage caused by squatters.

I would appreciate input from the BP community as to the best way to approach this from a financial and tax perspective.