An innovative guide to real estate investment explains the principles and techniques of buying real estate for the cash-poor investor, exploring a wide range of money-making opportunities and alternatives
For many real estate investors, especially those in currently in 'retirement', cash flow becomes king. Frequently the main challenge for a real estate investor lies in how to spend the accumulated wealth. After all, you can only mortgage out so much capital before you have a negative cash flow. The effect is called being Land Rich and Cash Poor. Ultimately, every investor has to sell or gift property at some point in time. Christian M. Ramsey, a planning specialist for property and business owners, explains many important strategies to be aware of for a real estate investor that is seeking to increase cash flow (for whatever reason) by the sale of a property or a business. With case studies, comparison charts and a working knowledge of basic rules and restrictions, this book will serve to explain all of an investor's choices when seeking to sell a highly appreciated property or business. Christian M. Ramsey has been a licensed securities representative since 1996 and has been an independent financial advisor since 1998. Currently Mr. Ramsey runs a financial planning and investment advisory business in Northern California that specializes in planning and executing the strategies discussed in this book. He is also a CA Department of Real Estate Continuing Education Provider for his class on Exit Strategies, which is taught in Northern California. Land Rich, Cash Poor is the symptom associated with owning property. Every property owner is limited by how much equity that is accessible without forcing a negative cash flow or incurring a tax liability from a sale. Christian Ramsey explains some extremely complex subject matter in an easy to understand format. Core concepts are explored with story-book explanations and side-by side comparison are offered to help an average real estate investor or professional greatly expand their knowledge on how to sell or gift property. The key concerns a property owner always faces with an investment are control, cash flow and liquidity. By giving some tips from a financial and estate planner's point of view, a reader can hone in on which of the major concerns are most important when weighed against a tax advantage, as that will ultimately drive the Exit Strategy employed. The end result is that there are dozens of ways to avoid or defer Capital Gains tax, and many of these techniques also address Estate tax, which can be far, far worse. With "Land Rich, Cash Poor" your eyes will open to a world that has fascinated me for several years. The best ways to own and control an 'Asset' and simple rules that generally allow for the sale of an appreciated property to result in double or more the cash flow previously experienced. For more information on advanced financial and estate planning techniques for property or business owners visit www.planwelllivewell. com or www.realestatestrategy.net.
Describes how to obtain scholarships and other financial aid for college, with strategies for writing essays, getting recommendations, and using the Internet, and includes a directory of scholarships by state and vocation.
The must-read summary of Hollis Norton's book: "How to Make It When You're Cash Poor: Strategies for Buying Real Estate With Little or No Cash". This summary of the ideas from Hollis Norton's book "How to Make It When You're Cash Poor" shows that despite the property meltdown of recent years, anyone can still make big money in real estate, even if they don’t have much cash to put down. The key is to solve a problem for the sellers, creating a win/win situation – they win by getting a problem solved and you win financially by being creative. Investment in property still remains the safest, most secure and profitable way to go about building a fortune. This summary takes the reader through every aspect of buying, renovating, maintaining and selling. It explains how to invest when you have no money, how to research your market, how to calculate real market value and how to talk intelligently to sellers. It tackles possible problems and most importantly of all, it sets out a long-term strategy whereby property can become your most profitable pension. In short, real estate management and wealth creation isn’t complicated, even in today’s climate. Anyone can learn how to create a steady, long-term income. Added-value of this summary: • Save time • Understand the key concepts • Develop your business knowledge To learn more, read "How to Make It When You're Cash Poor" and discover a comprehensive guide to succeed in real estate management and create wealth.
From Beth Kobliner, the author of the bestselling personal finance bible "Get a Financial Life" a new, must-have guide showing parents how to teach their children (from toddlers to young adults) to manage money in a smart way.
Tax Treatment of Single premium Life Insurance
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management