Timothy Sumer

Having a 401k plan for your retirement is good but you have no control of it so, I got the thinking I say having two rental properties is a saver bet. You have control of your property not like your 401k where you just hope everything goes well your rental properties pays you and it goes up in value and when your done paying it off it still pays you and you can sell it for more than you have in your 401k. #retirement #401k #rental#properties... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing How Two Rental Properties Are Better For Your Retirement Than A 401k plan When it comes to planning for retirement, most people a...

On today's Taxes Made Simple, we delve into the most requested and important topic that every taxpayer should be aware of: strategies that average to wealthy earners can utilize to pay as little taxes as possible! Taking the Next Step: 📞 Book a Professional Tax Strategy Consultation: 🤑 Watch this FREE Training to Learn How to Save on Taxes, Legally: Learn How to Grow Your OWN Rental Portfolio & Reduce Taxes Legally! My Tax Strategy Programs: Tax Free Living Bundle (47% off): 🏡 Buy Tax Alchemy Rental Loss Program Now: Book a Discovery Call to Learn More About Tax Alchemy: Check out these links Below! Get Help Setting up Your LLC: Learn How to Self Direct Your IRA or 401k: *Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies menti...

Gerry Born is a teacher who is married to a teacher. He started his FI journey when he was 33, with a wife, $45,000 in college debt, and a job in Saudi Arabia teaching English as a Second Language. He knocked out his debt in two years, then threw everything he could into savings. The ESL job provided everything but internet and phone, so he really didn’t need to spend much money if he didn’t want to. After September 11 happened, they moved back to the United States and got jobs teaching - and you know what kind of salaries teachers make! Unhappy with that particular school, they moved on to a different school - and discovered the magic of the 457 Plan. A 457 Plan is an additional retirement savings vehicle available to teachers and certain public employees. It has the same contribution limits as a 401k - but can be immediately accessed penalty-free as soon as you separate service from your employer. Gerry uses this to fund his life while reducing his taxable income to a...

When it comes to planning for retirement, your 401(k) and Individual retirement account (IRA) are both great tools to have in your toolbox. For real estate investors, I am particularly fond of the self-directed, or solo 401(k)—what the IRS calls a one-participant 401(k). But you can’t forget your Social Security benefits as a key part of the solution. We all see the deductions on our pay stubs, but there’s quite a bit else about the program that many don’t know. Signed into law by Franklin Delano Roosevelt in 1935, the Social Security Act was part of the sweeping New Deal social programs that stabilized the American economy during the Great Depression. The act established a trust fund that would be paid into by workers with each paycheck. Funds were to support those workers when they retired (and their survivors after they died). The program was expanded in 1965 to also include disability benefits. Here are a few other things you should know about your Social Security ben...

Planning to vacate your rental property? Here are some tips to give you the best chance of getting your rental bond back in full.... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/real-estate-tips-how-to-get-your-rental-bond-back/?feed_id=47937&_unique_id=63931bd2d0815 #Inflation #Retirement #GoldIRA #Wealth #Investing #BellePropertyParramatta #property #realestate #realestatetips #rentalproperty #renting #Vacate #TIPSBonds #BellePropertyParramatta #property #realestate #realestatetips #rentalproperty #renting #Vacate

Real estate remains the most popular asset class among Self-Directed IRA investors. Rentals provide a steady stream of income, while rehabs offer a chance to make a large profit in one transaction. Either route you take, be mindful of the IRS rules. -- Learn more about real estate investing with a Self-Directed IRA: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm....