What Is Tangible Personal Property?
If you can feel it and relocate it, then it meets the definition of tangible personal property. Tangible personal property is a term most often used for tax purposes. It describes a wide range of items used in the course of conducting business or for operating a rental property. Items that are considered tangible personal property can be depreciated over five or seven years using the straight-line depreciation method. However, these items also can be depreciated using the accelerated method if you desire.
What Is The Employee Retirement Income Security Act (ERISA)?
On Sept. 2, 1974 (Labor Day), President Gerald Ford signed the Employee Retirement Income Security Act of 1974 into law. Close to 50 years later, this federal legislation ensures that your voluntarily established defined benefits plan (pension) or defined contribution plan (IRA or 401(k)) is protected from abuses and lack of transparency.
What Is Reinvestment Risk?
Let’s say you’re an investor with a portfolio of bonds, and one of those bonds is nearing its maturity date. Thanks to the relatively high interest rate attached to that bond when you first invested in it, you’re looking forward to reinvesting in the same bond at the same class.
How Can I Find a Certified Financial Planner?
Managing wealth, investing, retirement planning and other important financial decisions can be extremely complicated even for highly experienced financial professionals. For novice or retail investors, these important investment financial decisions can be especially daunting, since any serious missteps could lead to a significant loss of capital.
Can a Spouse Be Next of Kin?
Without a will or estate plan, your assets will be inherited by your next of kin after your passing. Discover who qualifies as next of kin, what responsibilities the next of kin have, and if your spouse can be named next of kin.
What Is Commodity Risk?
Commodity risk most commonly refers to price fluctuations for raw materials like steel, wood, gas, grains, coffee, and similar products. Price changes in either direction comprise a risk: a price increase is a risk for commodity buyers who use the materials to create their products. But for commodity producers, a price decrease is a risk. For example, if your company needs lumber to build homes or other products, the price increase can be a considerable risk. On the other hand, if reduced demand results in a price decrease, sellers (producers) risk losses.
[Podcast Recap] Potential Tax Benefits of 1031 Exchanges and DSTs for Multifamily Investors
Realized was recently featured on the Multi-family Investor Podcast while attending the ADISA Spring Conference. In this conversation, we discussed the potential benefits that 1031 Exchanges and Delaware Statutory Trusts (DSTs) may have for investors. Here are some of the key takeaways from this conversation.
What Is Retirement Income Ratio?
If you’re planning for retirement, you’ve probably figured out your Social Security benefits and any distributions you might receive from pension accounts, IRAs, or 401(k) investments. You might be in the process of determining how much income you’ll need once you’re no longer drawing a consistent salary or wages. This is where the retirement income replacement ratio comes in.
Does a Triple Net Lease (NNN) Include Property Taxes?
Commercial real estate investors may find the terms of a triple net (NNN) lease agreeable to their goals. This lease agreement can help lower commercial investors’ risk and provide steady income while offering tenants a cost-effective solution.
What Is a Certified Financial Planner (CFP®) And What Do They Do?
Investors may look to financial advisors to help manage their accounts and offer professional advice. Depending on your needs, you may want an opinion on a new real estate investment opportunity or how to plan for retirement. Working with a Certified Financial Planner™ (CFP®) can give you confidence that the information you receive is in your best interest.
