Featured post:
Should You Structure Your Business as an LLC, S-Corp or C-Corp?
When starting or growing a business, one of the most important decisions you’ll make is how to structure it legally. Choosing between an LLC, S-Corporation (S-Corp) or C-Corporation (C-Corp) impacts everything from how you’re taxed to your personal liability and… Read Now >>
Should I Sell My Home or Rent it Out?
May 8, 2019
Inevitably, there comes a time when we decide to sell our house and move to a new one. There may be many reasons for moving. You might be moving for work or heading to a new town for your family.… Read Now >>
Episode 21: My $1,000,000 Mistake at 21
May 3, 2019While in college at the University of Wisconsin-Madison (Go Badgers!) I owned and operated a student transportation business with a good friend and business partner. We systematized the operations to the point where the business was able to run without… Read Now >>
Why and How to Invest Your HSA
May 1, 2019
When you are planning for retirement, you have to also factor in healthcare costs. The current projections for today’s couples is in excess of $275,000 for average retirement healthcare expenses. This is on top of Medicare benefits. With this in… Read Now >>
Episode 20: The Tax Breaks of the Real Estate Mogul Next Door
April 26, 2019A recent Bloomberg article highlighted the divorce proceedings of a billionaire real estate developer from New York City. The divorce documents revealed this wealthy real estate investor paid no tax since the 1980’s. It articulated how investing in real estate… Read Now >>
Investing in Real Estate: How to Get All the Benefits with None of the Headaches
April 24, 2019
A lot of investors (and their financial advisors) may be hesitant to get into real estate investment. The reason is because they don’t have full confidence in what they are doing. So much of long-term wealth management is about minimizing… Read Now >>
Episode 19: Life Designed Real Estate Investing
April 18, 2019Just because you watch Flip or Flop does not mean that flipping homes is the right real estate investing path for you. There are, however, many ways to invest in real estate. You can live-in-flip, landlord, lend, partner, invest, sponsor,… Read Now >>
Building Your Wealth and Retirement Plan Through Real Estate Investment
April 17, 2019
Last week, we talked about why real estate investing is often overlooked by most financial advisors. It’s such an interesting topic, which is why we’ve been focusing so much on real estate this whole month. At Illumination Wealth, we see… Read Now >>
Episode 18: How Much Real Estate Should You Have In Your Portfolio?
April 12, 2019Traditional financial advice typically disregards real estate investment from the asset allocation conversation. Real estate is often called “complex” or an “alternative” investment. Meanwhile the public markets consisting of Stocks, Mutual Funds and ETFs are conventionally believed to be the… Read Now >>
Why Real Estate is Overlooked by Most Financial Advisors
April 10, 2019
When you mention real estate investment to many financial advisors, you may just get a look of concern or confusion. It’s not that they don’t believe it is another way to build wealth. It’s that they may not fully understand… Read Now >>
Episode 17: The Powerful Tax Benefits of Real Estate Investing
April 4, 2019Real estate is one of the most popular investment strategies for building wealth, preserving it and creating enduring financial freedom. Investing in real estate opens a treasure trove of tax advantages that the traditional investment strategies sold on Wall Street… Read Now >>
