An investment is any action you can take with your money, in hopes that it will bring you a greater return on your money. The investment could be in stocks, bonds, real estate, retirement plans, or even collectibles. Learn here about different types of investments and how to deal with taxes, brokers, and more when it comes to your investments.
Real Estate Minute: Warren Buffett Wants To Give You A Job
Real Estate Minute with Ilyce Glink Do you want to be the next Warren Buffett?
Options For Selling Inherited Property
Inherited property can involve many different tax implications. If you sell for the amount the estate valued it at, you might not ow any taxes. If the property has appreciated, you will have to pay capital gains tax -- unless you used it as a primary residence. With investment property, you may be able to use a 1031 exchange. Talk to an accountant or estate attorney for more options with inherited property.
Rental Property: A Financially Successful Investment
Owning rental property can be a financially successful investment. Ilyce advises a reader who recently bought her first rental property on how to make her investment a financial success. One of the most important ways to make owning a rental property a financially successful investment is by renting to quality tenants.
David Crook’s Book On Investing In Real Estate
If you're looking for some reading material, check out the Wall Street Journal Complete Real Estate Investing Guidebook (Three Rivers Press, 2006). Bu...
Today On The Ilyce Glink Show – Dec. 17, 2006
It's been 10 (!!!) years since Tom Stanley's book, THE MILLIONAIRE NEXT DOOR, was published. But his observations about millionaires haven't changed m...
Yesterday on the Ilyce Glink Show
We had a call on the show asking about financial planners. A woman called in to ask about her mother, who has a substantial amount of assets, is 77 ye...
How To Find A Tenant
A buyer has made her first purchase of investment property and is wondering how to go about renting it. The most important thing you can do to make investment property successful is to find good quality tenants. You'll also want to follow any local rules or regulations with your investment property.
Selling Investment Property Successfully
Selling investments property successfully is possible. In this column, Ilyce profiles Frank McKinney a successful high-end real estate developer. McKinney came from modest roots to successfully selling multi-million dollar investment properties and starting a foundation to provide food, housing, and medical support to the poor and homeless around the world.
Opening A Roth IRA
Roth IRAs are good investing opportunities, but investors should open them at larger financial institutions like Fidelity, Charles Schwab, or Vanguard, because of the incredible number of mutual funds and investing opportunities out there. These larger companies will be able to give investors the widest range of options, at the cheapest prices.
Is Rental Condo A Good Investment?
Investing in rental property often leads to questioning your investment when the market takes a dip. But with a relatively illiquid real estate market, it's not always a good idea to sell your investment because the short-term prospects seem volatile. But when investing in real estate, it is important to have an exit strategy.