Archives

Taxes Going Up?

September 2, 2020

  Taxes: The writing is on the wall for income and estate taxes to rise significantly — as soon as 2021. There is a 4 month window of opportunity to strategically plan to reduce and eliminate the wealth destroying burden… Read Now >>


Tactics to Utilize Suspended Passive Losses

August 26, 2020

Last week, we talked about passive losses and some of the basic things that real estate and business investors need to understand about them from a tax deduction perspective. In this article, we are going to focus on some wise… Read Now >>


What Are Passive Losses and What Can You Do About Them?

August 19, 2020
Calculator and ledger for real estate investor

When you invest in rental properties or businesses where you aren’t actively involved, you have to understand the intricacies of passive losses. This is where the the tax laws can benefit you or hurt you, depending on how you handle… Read Now >>


A Closer Look at the Senate’s Proposed HEALS Act

August 7, 2020

The Senate Republicans recently released its proposed HEALS Act as its potential follow-up stimulus package to help businesses and individuals as coronavirus continues to wreak havoc nationwide. It’s hard to say for sure if it will pass, or how it… Read Now >>


Refinance Now? You Must Consider These Factors

July 30, 2020

Refinance opportunities remain with today’s low rates but it’s not one size fits all. You have to understand numerous factors to determine your true after-tax cost savings. Find out what’s going on in the mortgage market and what you need… Read Now >>


Mortgage Question: Is it Better to Have a Bigger or Smaller Down Payment?

July 29, 2020

Mortgage loans have been a hot topic in the financial world lately, which is why our last few articles on the Illumination Wealth Blog have been focused on this timely subject. In this particular article, we will actually be talking… Read Now >>


Owners’ Equity Episode 10: A Conversation with Reb Risty, Founder of REBL Marketing

July 24, 2020

On this episode of Owners’ Equity, our conversation dives into brand messaging and deepening customer relationships through video marketing with Reb Risty, Founder of REBL Marketing. In this episode you will learn: – How to improve your brand message in… Read Now >>


Does it Make Sense to Take Out a Mortgage for a Tax Deduction?

July 23, 2020

A lot of property owners right now are considering refinancing their mortgage loans while the home prices are high and the interest rates are low. Check out my article from last week for more information to help you decide if… Read Now >>


Is it a Good Investment to Reduce My Loan Balance During a Refinance?

July 22, 2020

Many homeowners are considering mortgage refinances right now because interest rates are still so low and home prices continue to rise with low housing inventory throughout the country. It may seem like a no-brainer to refinance and lower your mortgage… Read Now >>


Should You Take The EIDL Loan?

July 17, 2020

  If you aren’t already aware, the Small Business Association is still accepting applications for Economic Injury Disaster Loans (EIDL).We explain just why you may want to take their off as well as the pros and cons of taking this… Read Now >>