Part 1 of this two-part post on collecting rent can be read here. Previously, we discussed the possibilities of using a lockbox, requiring the tenants to mail their rent payments, or requiring the tenants to make an in-person deposit into the landlord's bank account. This post covers a couple of [...]
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 [...]
This post is part 1 of a series on traditional IRAs and Roth IRAs. While this post may be a bit basic for some readers, especially those who have a working knowledge of the major types of retirement plan vehicles, I thought it would be important to include it as [...]
