Everybody can buy real estate in the Dominican Republic – no residence or local partners are required! Be careful with all estate agents and realtors in the Dominican Republic as they do not need a license to operate, and they have no malpractice insurance. Your deposits are not covered by any laws or organizations. Before…
Creation and SaleA structured settlement is an agreement between parties which generally results in an insurance entity committing to make tax-free payments to an individual for an agreed upon period of time or for the life of the individual. Structured Settlements are based on a financial plan for immediate cash and future tax-exempt payments which…
America is at risk of becoming the fountainhead of a new inflationary outburst. The U.S. dollar is now in decline, gold is moving sharply higher and new global currency turmoil is on the horizon. The Federal Reserve’s actions are clearly inflationary. The US is printing money as fast as it can, while destroying wealth and…
Hundreds of companies and their websites advertise the Checkbook Control IRA by many different names: Checkbook IRA, Checkbook LLC, IRA-LLC. The Checkbook Control IRA is recommended for many different applications, but once the LLC is created, what do you do next?My goal in this piece is to describe the proper care and feeding of a…
For every action there is a reaction. If things are bad for one, they have to be good for another, right? The same principal applies in the world of investment real estate. We have all read about the developers and owners of commercial real estate that are undergoing tremendous financial pressures with some being forced into…
It had to happen. In the face of catastrophic losses, massive unemployment and an economy that is still scratching its head as to how the whole crisis unfolded, the US government has stepped into the breach in an effort to bail out the country’s banks, protect consumers, and restore investor confidence so that the economy…
As part of the UK government’s latest plan to curb taxpayer-funded legal spending, companies and directors cleared of criminal charges in the UK could be barred from recovering their defence costs – potentially leaving businesses and individuals acquitted of fraud, price-fixing, corporate manslaughter and other serious offences with legal bills ranging up to several million…
Recently, I met the owner of a well-known precious metals web site and I popped this question to him: “What do you think about investing in silver?” His reply was both profound and accurate. “David,” he said, “The smart money is moving into gold, but the SMARTEST money is moving into silver!” Investing…
Prohibited Transactions and Disqualified Persons are important topics to consider when working with a Self Directed IRA. Failing to understand Prohibited Transactions, or to find an advisor or firm that does, may lead to the disqualification of your self-directed IRA, resulting in possible taxes and penalties. This article will outline the importance of disqualified person(s),…
The purpose of your investment real estate is to produce positive monthly cash flow and sell for an increased value at some point in the future. The only way rental real estate will be successful is to have excellent hands-on partners in the venture, otherwise know as tenants. Great tenants are crucial to the financial…
