Tag: Tax Planning
Can I run a canna-business in an Opportunity Zone?
Like many things in life, the answer here is “it’s complicated” and it’s going to depend heavily on the type of business you intend to operate. Let’s start with the good news as we unfold this potential boon to marijuana
529 College Planning: 102
Types of 529 plans This is one of the largest hang-ups for savers. A history of misinformation and contamination between different types of 529s has generated several misnomers. Simply put: 529 plans are usually categorized as “prepaid tuition” or “college
529 College Planning: 101
The Origin on 529s The origin story of the 529 program goes back to the Michigan Education Trust (MET) in 1986. A state-run program that supported colleges saving devoid of state income taxation. 529 plans are named after Section 529
An Alternative or Back-up for the 1031 Exchange
The Delaware Statutory Trust (DST) is a trust that is structured as a pass-through entity and can hold passive Real Estate. It can function as a 1031 Exchange Alternative. All of the debt is nonrecourse and the income, net of
What’s the value?
This is the untold story of what happens to most people that meet with financial advisors not CERTIFIED FINANCIAL PLANNERS™. Whether you’re at a big brokerage firm, insurance company, or on a robo advisor platform, the stories are the same.
Year-End Tax Planning Under the Biden Administration
A lack of political clarity means not knowing whether Democrats can push their legislative agenda faster. If Democrats gain control of the US Senate, Republicans won’t have the control to force legislation gridlock. Therefore, without this crucial information year end
Asset Borrowing in Self Directed IRA and Roth’s
Like getting a mortgage on a home, borrowing inside of a Self Directed IRA (SDRIA) can help add leverage, expand the upside of an investment and pose undue risks. It should only be used as part of a greater investment