Okay, I am not a direct real estate investment fanatic. Absolutely not. Further, I get that direct real estate investment burdens investors with … [Read more...] about A Dozen Reasons for Direct Real Estate Investment
What Lifetime Earnings Data Says About College Majors and Graduate Degrees
In a few weeks, students will start or return to college and register for classes. Given this, I thought it’d be a good time to follow-up on last … [Read more...] about What Lifetime Earnings Data Says About College Majors and Graduate Degrees
Rate of Return of Everything Line Charts
About a year and a half ago, a group of researchers published a study that summarized rates of return on equities, housing and bonds for 16 countries … [Read more...] about Rate of Return of Everything Line Charts
In-N-Out Burger: Masterpiece Burger, Masterpiece Business
I really, really like In-N-Out Burger. In fact, my opinion? In-N-Out delivers the very best fast food burger available. This blog post isn’t a … [Read more...] about In-N-Out Burger: Masterpiece Burger, Masterpiece Business
Lifetime Earnings Top One Percent Surprise
I encountered some pretty interesting data recently. The lifetime earnings of the top one percent, top five percent and top ten percent. A surprise … [Read more...] about Lifetime Earnings Top One Percent Surprise
Vacation Rental Tax Shelters
Potentially, a vacation rental tax shelter generates extremely large tax deductions for an investor. Even better, almost anybody can use a vacation … [Read more...] about Vacation Rental Tax Shelters
The Illusions of Entrepreneurship Professors
Late last year, I posted a couple of essays that defended Thomas Stanley’s Millionaire Next Door theory: Defending the Millionaire Next Door Theory … [Read more...] about The Illusions of Entrepreneurship Professors
The 50-something Entrepreneur’s Last-minute Retirement Plan
Recently, a friend (not a client) asked about getting started with a retirement plan. The awkward part of the question? Though successful in his … [Read more...] about The 50-something Entrepreneur’s Last-minute Retirement Plan
Final Section 199A Regulation Correction: Separate v. Separable
On February 1, 2019, the IRS published a corrected version of their final regulations for Section 199A (available here). The corrections include a … [Read more...] about Final Section 199A Regulation Correction: Separate v. Separable
The Lost Tax Deductions Under New Law
Over the last year, you’ve surely read or heard that many long-standing deductions go away. In this short blog post, I’m going to review these lost … [Read more...] about The Lost Tax Deductions Under New Law