Author: Jeff Anzalone
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What Is a Qualified Intermediary For a 1031 Exchange?
What is a Qualified Intermediary For a 1031 Exchange? A qualified intermediary (QI) is the key to a successful 1031 exchange. If you sell real property and want to defer capital gains taxes, the IRS requires that a neutral exchange intermediary step in and handle the money and paperwork. Miss this step—or choose the wrong
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Unrealized Gains Meaning vs Realized Gains and Losses
Unrealized Gains Meaning vs Realized Gains and Losses Understanding unrealized gains is one of the most important concepts in investing and one of the most misunderstood. If you’ve ever looked at your investment account and seen your balance go up (or down) without selling anything, you’ve already experienced unrealized gains or unrealized losses. In simple
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The Simple Path To Wealth Summary by JL Collins
The Simple Path To Wealth Summary by JL Collins If you’ve ever felt overwhelmed by investing, you’re not alone. The financial world is made out to be complex and full of people telling you there’s a “better” or more advanced way to build wealth. That’s why The Simple Path to Wealth resonates with so many
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How to Retire Early: Practical Steps to Financial Independence
How to Retire Early: Practical Steps to Financial Independence The dream of retiring early is a powerful one—leaving the daily grind behind to travel, pursue passions, or simply enjoy more time with family. For many it feels like a distant fantasy, reserved for the ultra-wealthy or those willing to live on a shoestring budget for
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Real Estate Syndication Investment Opportunities: Investor’s Guide
Real Estate Syndication Investment Opportunities: Investor’s Guide Real estate syndication investment opportunities are one of the most powerful ways I’ve seen investors (including myself) build passive income and long-term wealth without becoming landlords. I didn’t start out investing this way. Like many people, I assumed real estate meant owning a rental property, fixing toilets, and
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How to Pay Off Your Mortgage Faster: Practical Steps
How to Pay Off Your Mortgage Faster: Practical Steps If you’ve ever wondered the most brilliant way to pay off your mortgage, you’re not alone. Homeowners often feel torn between making extra mortgage payments, investing extra money, or keeping cash on hand for peace of mind. The truth is, the best way to pay off
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Financial Order of Operations: The Ultimate Money Guide
Financial Order of Operations: The Ultimate Money Guide If you’ve ever felt unsure about what to do first with your money, you’re not alone. Nobody told me what to do while in dental school (they only taught me how to make it!) Many people earn a good income, save a little, invest a little, pay
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Who Needs a Trust Instead of a Will? Key Differences Explained
Who Needs a Trust Instead of a Will? Key Differences Explained When it comes to estate planning, many people assume that having a will is enough (that’s what I thought when I first got out of dental school). A will is important, but it isn’t always the best or most complete solution, especially if you
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What Are Some Of The Things You Should Look For When Selecting The Right Bank?
What Are Some Of The Things You Should Look For When Selecting The Right Bank? Choosing the right bank is one of the most important financial decisions you will ever make. Your bank affects: how you manage your money how much interest you earn what fees you pay how easily you can access your funds
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Real Estate Professional Tax Benefits for High-Income Professionals
Real Estate Professional Tax Benefits for High-Income Professionals For many high-income professionals, the biggest financial surprise isn’t how much money they make — it’s how much they lose to taxes every year. Physicians, dentists, business owners, and executives often reach a point where income is no longer the problem. The real issue becomes how to
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How To Save For Retirement Without a 401k
How To Save For Retirement Without a 401k For many professionals, the traditional retirement story goes something like this: go to school (for me, it was dental school), work hard, contribute to your 401(k), and hope everything works out by the time you reach your golden years. But for high earners, business owners, and self-employed
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Passive Income vs Active Income: What’s the Difference Explained
Passive Income vs Active Income: What’s the Difference Explained Before you read this, let me be honest with you. If you are a visual learner, or you want to hear this story exactly how I lived it, I strongly recommend watching the video version first. It is one of the most important conversations I have
