by Leif Jensen | Jun 26, 2023 | Investing |
For those of you who are unaware passive income is unearned income generated from investments, properties or side hustles. It’s a steady flow of cash not earned from active work, such as traditional employment or full-time entrepreneurship. There are a few...
by Leif Jensen | Apr 17, 2023 | Investing |
This year as well as last we saw several clients who have sold their primary residence. The sale of your principal residence for a gain creates potential tax issues if over the exclusion. Granted these are hopefully long-term capital gains, taxed at the lower 15% cap...
by Leif Jensen | Mar 15, 2023 | Investing |
Rental properties can be great transfer vehicles when held individually till death. Upon death the property gets a step up in basis to the market value at the time of death, if held in the owners name. Once a property has run through its depreciable life and paid off...
by Leif Jensen | Mar 14, 2023 | Investing |
Rental property is a great idea and can generate a decent income stream. I have seen it done with many clients. I have also seen some seen some lose money, by having the rents too cheap to cover the costs of the property. They fear that no one will pay them true...
by Leif Jensen | Mar 6, 2023 | Investing |
Are you in the market for a commercial property? I have a client looking in the O’Hare corridor for a place with a minimum of 20,000 sq ft. They are running into a number of obstacles. The limited amount of buildings available, not buying outright in cash and Hedge...
by Leif Jensen | Jan 15, 2023 | Investing |
I was just reading in Kiplinger’s that in general, the factors to seek in stocks next year will be value and quality. Price-earnings ratios are a bit above their long-term average now, implying that stocks aren’t super expensive, but they aren’t a particular bargain...
