My prediction for 2014 is short and sweet. “More Federal stimulus ahead causing malinvestment in localized asset bubbles”. I'll say that again but in English this time: “People do stupid things with easy money and there is a lot of easy money floating around. So, when you get some of this easy money don't be stupid with it!”
The current level of prosperity in the US is being fueled by the “wealth effect” which is fueled by massive government stimulus propping up asset prices (mostly the stock market and to a much lesser degree the housing market as well). The prosperity feels real from the standpoint that people are spending money again. However, this is a game of musical chairs and you won't want to be the last one standing.
While tax returns aren’t due until April, to minimize your tax burden the strategy of accelerating rental property expenses should be considered now, according to Larry Nelson, CPA and partner at Kerkock Katter & Nelson LLP. With twenty years of experience assisting rental property owners, Nelson suggests that deducting these expenses this year could be more important than ever, especially if you’re affected by the new Affordable Healthcare Act tax.
In the aftermath of the government shut down, the value of the U.S. dollar plummeted to it's lowest point in eight months. Some economists are expecting the dollar to plummet even further in value over the course of the next few weeks. We’ve read about the effect that this has had overseas, with irate countries, China especially, advocating for the “de-Americanization” of the worldwide economy — but what are the implications for domestic investors?
Last week Blackstone’s Invitation Homes completed the first ever U.S. securitization of single family rental homes (SFR) – and from all accounts the deal was a wild success for Blackstone. Now, this is obviously great for Blackstone – but what does this mean to you, the average SFR investor?
As entrepreneurs find success with their primary business ventures, many search for the right investments for their profits.
The American Home-ownership Dream is officially dead. Long live the New Normal American Dream: Renting.
Make sure you read part 1 of the 