Blog Archives

What Are Some Tax Implications Of Real Estate Flipping?

What Are Some Tax Implications Of Real Estate Flipping? In this uncertain and volatile real estate market, some people with available cash purchase relatively undervalued properties, make some improvements and wait to sell them at a profit. Despite the pros and cons of such real estate investment strategy, such
Posted in finance

Debit Cards Are Not Without Their Pitfalls

Debit Cards Are Not Without Their Pitfalls As more people are pushed out of credit card market because of credit card companies’ stringent rules and procedures or more people voluntarily seek to use the money they have not their credit, relatively more people have come to use
Posted in finance

Wealthy Grandchildren: 401K Conversion Into Roth IRA for Wealthy Grandparents

Wealthy Grandchildren: 401K Conversion Into Roth IRA for Wealthy Grandparents Wealthy Grandchildren: 401K Conversion Into Roth IRA for Wealthy Grandparents Two rather unknown and unrelated pieces of legislation enacted last year without much fanfare create nearly unparallelled opportunities for the affluent to further literally enrich their decedents. The two pieces
Posted in finance

Checklist For Business Formation – License Or Permit?

Checklist For Business Formation Checklist For Business Formation Before launching your own business, it is necessary to make sure you have all the paperwork. Here is a list of  some of the various permits or licenses you may be required to file: Local Licenses,
Posted in Business Law, finance

Courting Angel Investors: Do’s And Dont’s

Courting Angel Investors Courting Angel Investors Many entrepreneurs seeking to launch their start-up business turn to “angels” after tapping into their family and friends for financing. However, angel investors have their own criteria for financing a deal. After all, angel investors are business
Posted in finance, Personal law

How To Maximize Your Retirement Savings

How To Maximize Your Retirement Savings How To Maximize Your Retirement Savings Roth 401(k) – similar to Roth IRA – is invested with after-tax dollars. This means it makes sense for people expecting their income to rise in later years in life to consider seriously Roth
Posted in finance