Knowledge Base
May
24
1031 Tax Exchange – Frequently Asked Questions After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction… Equity and Gain Is my tax based on my equity or my taxable gain? Tax is calculated upon the taxable gain Gain and equity are two separate and distinct items To determine your gain, identify your original purchase price, deduct any depreciation which has been previously reported, then ...
May
24
5 Advantages Of Long Term Trading Both short term and long term trading can be effective trading strategies, however, long term trading has several significant advantages These include the effect of compounding, the opportunity to earn from dividends, reduction of the impact of price fluctuations, the ability to make corrections in a more timely manner, less time spent monitoring stocks 1 Compounding Time can be investor’s best friend because it gives compounding time to work its magic Compounding is the mathematical process ...
May
24
Cash Saving Mortgage Tips The Mortgage Crunching Secret Weapon Banks Don't Want You To Know Buying a house is a great long term investment If you've never had a mortgage payment it simply means you'll have to be more careful regarding the management of your finances The first step before venturing into a mortgage if you’re not already in one is to consider your financial situation Then decide to buy a home where the mortgage and down payments are according ...
May
24
A Short Concise Primer On Interest Rates First, what interest rates are we talking about and why is it important to both the economy and business decisions?There is an old saying that money makes the world go around In economic parlance this is not quite correct Actually, it is the cost of money that makes the world go around, and this cost of money is reflected in the level of interest rates As the level of interest rates rise, businesspeople ...
May
22
4 Benefits Of Long Term Trading Vs Short Term Trading Both short term trading and long term trading can be effective trading strategies, however, long term trading has several significant advantages These include the effect of compounding, the opportunity to earn from dividends, reduction of the impact of price fluctuations, the ability to make corrections in a more timely manner, less time spent monitoring stocks 1 Compounding Time can be investor’s best friend because it gives compounding time to work its magic ...
May
22
A Look At The World Of Economics The subject of economics is one of the most important, but it is also one of the least understood It has been said that getting a roomful of economists to agree on anything is an exercise in futility, and this has led many people to assume that the world of economics is too difficult for the lay person to understandWhile the world of economics can be intimidating and difficult to understand, simple economics ...
May
22

Money Management Advice

Posted by: Category: Finance
Money Management Advice Avoid unnecessary debt, especially debt that has high interest such as credit cards Pay all debt off as quickly as you can, even if it means taking out an extra mortgage to do soIf you are saving, then make sure you know what is you are saving for A house is always the best thing to save for A car will always depreciate very fast, and vacations are a very quick way to burn savingsIf you are ...
May
22
Benefits And Requirements Of The Thrift Savings Plan We’ve all been hearing about it, TSP, so what is it? The TSP, or Thrift Savings Plan, is a retirement savings plan for civilians who are employed by the United States Government and members of the uniformed services This plan is similar to a 401(k) retirement plan used by the private sectorSo why would you choose to invest in TSP? There are several reasons to choose the TSP for your retirement savings ...
May
22
A Specialist Solution To Buy-to-let Financing For Up To £20 Million Copyright 2006 Geoff Morris Looking to consolidate or even improve the efficiency of your portfolio financially? Geoff Morris, of Property Horizons, discusses some interesting ways in which to finance your investment property portfolio with Suzanna Grey, an Independent Financial Advisor at Beacon Financial Limited As a property professional, are you looking for a different approach to your borrowing requirements? There is a company specialising in professional landlords that many are unaware ...
May
22
Economic Future Of The United States Many say the economy has never done better Well that is true we have a strong economy and one of the best ever in fact We have ultra-low unemployment; under 5% by quite a bit The economy is quite robust considering the housing market dip and the auto-industry, high fuel prices, trade deficits and rising interest rates In fact the economy is so strong no one can understand why it just keeps moving like ...
2008 Knowledge Base
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