This retired reader wants to know if it’s better to rent an apartment or buy a home with retirement savings. Q: My wife and I are retired and renting an apartment for $600 a month. I am 64 and she is 63. We want to buy an inexpensive house that costs around $50,000 to $60,000 [...]
Thinking about flipping homes in retirement? Here’s how to get started to with your first real estate investment and make sure you put your best foot forward. Q: I read your columns regularly. My wife and I currently live in the Northern Virginia area and will be retiring soon. We plan to move to Raleigh, [...]
Real estate is always on my mind and in this article, I take a look at the current state of the US real estate market and what factors may be contributing to odd selling behaviors in certain markets. As we drove around the North Shore of Chicago this weekend, home to some of the most [...]
When no one in the family wants to pay property taxes, what can you do? Even if the family has created a S-Corporation, you’ll still need some savvy tricks to save the property. Q: I am from the Island of Maui in the state of Hawaii. I am the President of my families S-corp and [...]
Real estate investors often have a lot of questions once tax time rolls around — especially if they're new to the game. That's because while there are a number of tax breaks available to investors, like the depreciation deduction, Uncle Sam will also want its fair share of the income generated from investment properties. Real estate [...]
Many resourceful parents aim to do everything they can to help their children through each stage of life: childhood, emerging adulthood, and, for some, even retirement. Before considering whether to save for your children’s retirement, it’s essential to first make sure you can finance your own post-work life chapter, says Chris Long, CFP®, of Chicago-based [...]
Saving for retirement during your lifetime is one of the smartest financial investment decisions you can make. In fact, the sooner you start, the further those hard-earned dollars go, thanks to the power of compound interest. However, many young people are more concerned about student loan debt than they are about retirement planning. According to [...]
With the rise of Silicon Valley and the rapid growth of the tech industry, even armchair investors are paying close attention to tech stocks. Last year, the technology sector had a level of deal activity “not seen since the dot com era,” said Rob Fisher, PricewaterhouseCoopers’ (PwC) U.S. technology deals leader, in a February 2015 [...]
How will new crowdfunding regulations affect investors? What are the things all homebuyers should know before buying a home? Get answers to these questions by listening to this week’s Ilyce Glink Show. You can click the audio link below to listen to the full show, or download the podcast via iTunes. On this week’s show I talk to Salvador [...]
Here are three quick tips on making a smart real estate investment. Look for properties where you can build in value. I published a story on my MoneyWatch blog about properties you can purchase for $40,000, or about the price of a luxury car. These homes aren’t necessarily in move-in condition, but they’re not falling [...]
