Define your business model: As you think about ways to make money from your idea, think about the exact business model that will help you to grow your business in a manageable way. Think: How do you want your business to look a year from now? Two years from now? Five? Is it sustain...
Both of these real estate valuation methods can seem relatively straightforward. However, in practice, determining the value of an income-generating property can be fairly complicated. First, it can be time-consuming and a challenge to get the information you need, whether it's the estimated net...
How do REITs Work? This whiteboard video provides insight into what REITs are and how they work. Watch the video to learn more about the rules that govern REITs and how they operate.
Being successful in real estate means standing out in a crowded field, making an impact on your target audience, and establishing your company as a reliable partner in the home-buying process. Effective real estate marketing is critical for that. But it isn’t enough to stick branded “For ...
An estate sale is a popular way to distribute a family member’s possessions after death. It involves selling items directly out of the home they belonged to. However, estate sales are not limited to the belongings of deceased individuals. They can also be held by individuals who want to se...
Banking consumers may have to steer more cash into money market accounts, as participating financial institutions usually ask for higher minimum deposits for MMAs. Origin of Money Market Accounts Money market accounts originated in the 1970s and began flourishing in the 1980s, primarily from the 198...
How to Interpret Luxury in a Real Estate Listing Identifying a luxury home from a description – or a luxury buyer from an initial phone call – is all about reading into the details, Swillinger and Farber Ross agree. “If there’s nothing else defining their use of the term ‘luxury’ ...
Another option is an annual Roth conversion, which involves transferring funds from a traditional IRA or 401(k) into a Roth IRA, typically subject to income taxes. "Yes, you pay taxes on this money when it is converted, but it will continue to grow tax-deferred and then used as tax-fre...
An eco-friendly yard doesn't have to be overrun by weeds and pests. There are ways to keep them both in check.
Fund distributions: Mutual funds distribute earnings from interest, dividends, and capital gains every year. Shareholders are likely to incur a tax liability if they own the fund on the date of record for the distribution in a taxable account, regardless of how long they have held the fund. ...