Asset protection is employing strategies meant to protect your wealth from litigation.
High-net-worth individuals have many different options when it comes to preserving their financial legacy and distributing wealth to their beneficiaries.
As a real estate investor, you have numerous options for where to direct your investment spending. You may focus on residential real estate, including individual properties or multi-family dwellings (which are considered commercial assets), or you may prefer other sectors like hospitality, retail, or office. If you are evaluating condominiums as an investment, you may find that the property type fits into your strategy.
A multifamily residential property contains separate dwelling units for more than one household. The property has shared walls, floors, or ceilings but individual entries. It can include duplexes, triplexes, quads, apartments, condos, townhouses, and other attached housing. Multifamily housing can also include mixed-use developments, where the lower floors have retail, office, or commercial tenants and the higher levels contain housing units.
Similar to investors and small businesses, banks also take on liquidity risk. Banks' management of liquidity risk isn’t much different from how investors and businesses manage liquidity risk. They all must ensure that cash flow (i.e., income) arrives before bills come due.
If you have a rental property, or are considering investing in one, you have likely considered hiring a property management company. The fees they charge vary, and depend on the duties they handle, how many units, and where the property is located.
It is possible to get a Home Equity Line of Credit (HELOC) on a rental property. However, there might be stricter equity and credit requirements than for HELOC on a primary residence.
As a regular Realized Holdings blog reader, you know all about the Internal Revenue Code 26 U.S. Code § 1031. Known as the 1031 exchange, or like-kind exchange, the code allows you to defer capital gains taxes from the sale of real estate, by “exchanging” it into other real estate that is of equal or greater value.
You’ve probably heard good things about investing in commercial real estate (CRE), like how it can potentially help diversify your portfolio and may provide consistent income. But what’s the real story? Let’s break down exactly what CRE investing means, how it’s different from other types of real estate, and its pros and cons.