We're all looking for ways to save money, especially on big-ticket items. Even a small discount on a major purchase like a car can add up to big money. As a result, many people (including myself) scout around for hours trying to find the best deal, either online, or by pitting [...]
Never underestimate the amount of headaches you can have with rental property appliances. When my boyfriend moved in with me about a year and a half ago, he decided to rent his place out for some extra rental income. Because we were combining households, we had no need for his [...]
What to Do if You Own and Manage Property Yourself In an earlier post, we talked about using the good cop/bad cop method to resolve disputes. But if you own and manage the property by yourself, that doesn’t really work. If you fully commit to the split personality, you might [...]
If you’re a new rental property owner/manager, or if you’re just not comfortable handling tenant disputes or confrontations, then you might get panicky just thinking about having to confront tenants about issues that arise. My boyfriend has this problem. Apart from his current rental which began just a year ago, [...]
In a couple of earlier posts, I discussed the basics of traditional IRAs versus Roth IRAs, and explained the sneaky (but legal!) way to make a Backdoor Roth IRA contribution, even if you make too much money to contribute to a Roth IRA the regular way. In this post, I'm [...]
The Roth IRA first came into effect in 1997, which happened to be the year I turned 18. I faithfully contributed each year for a number of years. But after a couple of years as a lawyer, my income grew to the point where I was disqualified from contributing to [...]
