How U.S. senior care has evolved Before the 19th century, senior living communities in the U.S. did not exist, with many elderly cared for by family or placed in shelters for the poor. Often, the elderly were placed in “almshouses” or “poorhouses,” a concept brought to the U.S. by English settlers. These homes fell well…
Though you’ve got quite a lot of freedom in a self-directed IRA, the IRS has a few specific exclusions. These are known as prohibited transactions and disqualified persons. Any transaction with a disqualified person is also a prohibited transaction and doing either within your IRA puts the tax status of your account at risk. Investing…
A triple net lease is a commercial lease for which the lessee essentially takes on all the cost of the property in addition to a monthly lease payment. The lessee is directly responsible for paying real estate taxes, property insurance, and all maintenance required during the lease. In commercial real estate, a critical element to…
Investing in commercial real estate or stocks is a personal choice that depends on your financial situation, risk tolerance, goals, and investment style. It’s safe to assume that more people invest in the stock market because it doesn’t take as much time or money to buy stocks. If you’re buying real estate, you will have…
Income refers to money a person or business entity receives to provide a service or when making an investment. Passive income and active income are two categories of income. No matter how you make an income, the money you make will fall into two categories: passive income, or active income. This article will help you…
Commercial real estate investing is a smart way to generate passive income. There are many different types of commercial real estate, some may require a bigger investment, while others may be more time-consuming. Meanwhile, there are endless ways to generate passive income, but they are not all lucrative. What is Passive Income? Passive income…
What is a self-directed IRA? A self-directed IRA is a type of traditional or Roth IRA, which means it allows you to save for retirement on a tax-advantaged basis and has the same IRA contribution limits. The difference between self-directed and other IRAs is solely the types of assets you own in the account. …
What is Commercial Real Estate Depreciation? The term “depreciation” is used to describe the decline of an asset’s value over time. For example, cars depreciate the minute you drive one off the lot, and manufacturing equipment and computers all eventually wear out or depreciate. According to the IRS Publication 527, commercial real estate depreciates over…
Many owners of income-producing real estate are unaware that they can maximize the tax savings on their investments with an IRS-approved project called a cost segregation study. What is Cost Segregation? Cost Segregation is a strategic tax-planning tool or a tax deferral strategy that allows an owner of a building to identify assets within…
The healthcare industry is an undeniable force in the U.S. economy – it is the largest U.S. employer as of 2018, employing more than 13% of the workforce. It is also one of the fastest-growing industries in the U.S. economy. But even as healthcare real estate has grown to more than $1.2 trillion in value…