
29 April 2024 | 168 replies
I do believe there is merit in following simple best practices that have asset protection as a side benefit: 1) Taking out large mortgages on properties to minimize equity; 2) Having adequate liability insurance; 3) Contributing assets to retirement plans and other protected vehicles; 4) Dividing ownership of family assets between yourself, your spouse, and your children; and, especially, 5) Running an honest business and treating people fairly.

26 April 2024 | 10 replies
My feeling is having another party involved incrementally creates another link in the chain that can be delayed, broken or worse - allowing the payer to "claw back" payments, sometimes months from now.

27 April 2024 | 21 replies
@Paul Ewing , what they recommend is buying a house at a price you can afford to also fix up enough so that you have minimal maintenance.

26 April 2024 | 8 replies
When you decide to move out, having multiple units minimizes your risk of the property becoming completely vacant.

27 April 2024 | 19 replies
The horror stories are minimal, and if you trust yourself enough if things get rough to figure it out, you will.

25 April 2024 | 6 replies
If they do charge a fee it's typically minimal and meant to cover the costs of the meeting room, etc.
27 April 2024 | 21 replies
However, the IRS defines Passive income—or unearned income as the Internal Revenue Service (IRS) calls it—is income that requires minimal effort to obtain.

25 April 2024 | 9 replies
However, if you are refinancing a property purchased with cash within 6 months of purchase, this is considered delayed financing.

25 April 2024 | 9 replies
You will get the experience, guidance, and minimize your risk.