Many people assume a 529 plan is simply a college savings account for their children. While paying for education is certainly its primary purpose, that assumption causes many investors to overlook some remarkable planning opportunities. When used strategically, a 529...
Many people assume a 529 plan is simply a college savings account for their children. While paying for education is certainly its primary purpose, that assumption causes many investors to overlook some remarkable planning opportunities. When used strategically, a 529...
Your trading account may be generating significant profits, but there is one question every trader should ask: What happens if someone sues you tomorrow? Most traders spend countless hours developing strategies, analyzing charts, and managing risk inside their portfolios. Yet...
If you earn extra income through a side hustle, such as Uber driving, freelancing, or consulting, the IRS is watching more closely than ever. More Americans have turned to side gigs for extra income, prompting the IRS to increase its...
Recently, at one of my Tax & Asset Protection Workshops, an investor confidently told me that all of his assets were protected because he had placed everything into a living trust. His rental properties, brokerage and bank accounts, and personal...
What if tomorrow you woke up and discovered you were being sued? Not because you did something wrong. Simply because you looked collectible. That's the reality many investors, landlords, and business owners face. Attorneys often perform asset searches before deciding...
Most people assume they only pay taxes when they make money. That seems logical. If you profit, you pay tax. If you break even—or lose money—you shouldn't owe anything. Starting in 2026, however, the United States tax code creates a...
You spent the time and money to create a living trust. But if you never transfer assets into it, that trust may not accomplish what you intended. I recently spoke with the daughter of a man who had a revocable...
Real estate investors often spend years building equity, improving properties, and increasing cash flow. Then comes the sale—and with it, a potentially large capital gains tax on real estate. Depending on your income, how long you've owned the property, and...
If you're comparing a Solo 401(k) vs. a Self-Directed IRA for real estate investing, here's the short answer: for most self-employed investors, the Solo 401(k) wins. Both accounts allow you to invest retirement funds in real estate, but they do...
