Is Airbnb a Source of Tax-Free Income for Property Owners?  It Depends.

Category: Wealth Enhancement

June 1, 2016  |  

Is Airbnb a Source of Tax-Free Income for Property Owners? It Depends.

The rising popularity of online home sharing sites such as Airbnb, Homeaway and FlipKey have made vacations and other out-of-town trips more affordable than ever for travelers. If your home-town is hosting a major concert, sporting event or world leader’s visit like the Pope’s recent stop in Philadelphia, owners can rent out their residences at attractive prices to savvy travelers who don’t want to go the traditional hotel/motel route. While the home-sharing sites mentioned in […]

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December 8, 2015  |  

Pre-Medicare Retirees – What Are Your Health Insurance Options?

Over my career, I’ve worked with many clients who were fortunate enough to retire before the age of 65.  While most people have the goal of early retirement, actually achieving it can also present its share of problems.  In the past, most workers had some type of Retiree Medical program sponsored by their employer which acts as a person’s primary insurance before 65, then becomes secondary to Medicare thereafter.  These programs have gone by the […]

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August 18, 2015  |  

The Vacation Home Primer – 7 Key Considerations Before you Pull the Trigger

Key Takeaways: Purchases of vacation homes have spiked over the past few years. Before purchasing your getaway home, consider whether you plan on using it for yourself or for renting. When considering a purchase, account for extra expenses such as insurance, taxes, utilities, furnishings and upkeep before taking the plunge. It’s summer time. So if you’re like me, you can’t wait until the weekend (if not before) to head to the beach. As a former […]

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June 5, 2015  |  

Why Stock Market Forecasting is Usually Worthless

Even after all these years, the debate over “active” versus “passive” management continues to be a hot button issue in the financial services industry. The idea of stock market forecasting (i.e. market timing) is a concept on which conventional wisdom is based. This belief also just happens to be supported by several powerful industries (Wall Street and the financial media) worth trillions of dollars.

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