Sol Mar REI
Real Estate/Retirement Blog
A Fast Guide to Curb Appeal
When it comes to selling a home, first impressions matter. Buyers aren’t likely to click on a listing, much less schedule a viewing, if the cover photo doesn’t catch their eye. You’re also unlikely to catch buyers from a “For Sale” sign with an unattractive facade. That’s why it’s so important to make sure … Continued
SEC Expands Accredited Investor Definition
August 26, 2020- The Securities and Exchange Commission (the “SEC“) today took an initial step towards democratizing access to private investments by expanding the definition of an “accredited investor” to include persons who have demonstrated certain levels of financial sophistication. Qualifying as an “accredited investor” is important because it is a regulatory prerequisite to participation … Continued
Attention, retirees: You have less than 2 weeks to make this important financial move
If you took a mandatory withdrawal from your retirement plan earlier in the year, you’ll need to read this If you have money in a retirement savings plan that isn’t a Roth IRA, you’re probably familiar with required minimum distributions, or RMDs. RMDs were initially required starting at age 70 1/2, but that age was recently pushed … Continued
Invest in Real Estate with Your IRA?
Most of our clients know that we are huge advocates of investing in real estate versus stocks, bonds, annuities, precious metals and do so even with our own retirement accounts. Even if the market crashes, you still have something that produces monthly income and that real estate assets can recoup its valuation and typically does … Continued
Nearly 1 in 4 Americans Took out a Personal Loan in the Last Decade
Point of Interest A recent Interest.com survey found that 1/4 Americans have taken out a personal loan in the last decade and nearly 90% are satisfied with their experience. Taking out a loan has always been a popular way to handle unexpected expenses, but the COVID-19 pandemic has forced people across the world to reevaluate … Continued
Wall Street bets virus meltdown gives landlords a chance to grow
Wall Street bets on Turnkey Rentals
Will the Coronavirus Selloff Ruin Your Retirement?
Markets are swinging and fears are mounting. What does that mean as retirement looms? The final week of February was a brutal one for the stock market, as fears of a worldwide coronavirus outbreak sparked a massive sell-off. Now you’ll often hear that you don’t have to worry about losing money in a stock market downturn … Continued
3 Investing Facts About Required Minimum Distributions You Need to Know in 2020
Failing to withdraw a required minimum distribution (RMD) from your own or an inherited IRA by the deadline results in a big tax code penalty: 50%. That’s right. If you were supposed to take out a minimum of $4,000 and (oops!) did not do so, you have the privilege of writing the IRS a check … Continued