Archives
Costs and Benefits of a Vacation Rental
July 7, 2021
Real estate is almost always a sound long-term investment. Within the larger field of real estate investing, vacation properties are a unique subset. What you choose to do with your vacation home may determine how lucrative an investment it can… Read Now >>
Do You Need California Residency or Business Tax Planning?
June 23, 2021
We’ve been focusing on California business owners lately on the Illumination Wealth Blog. There has been an uptick in interest for people to move their businesses—or at least themselves—out of California’s high-tax environment and relocate to a lower-tax state like… Read Now >>
When Does it Make Sense to Move Your Business Out of California?
June 16, 2021
Our last couple of blog articles have been geared toward business owners who are thinking about moving their business out of California. Today, I would like to present a couple relatable scenarios and how each situation may affect a decision… Read Now >>
Understanding California Residency Taxation Laws
June 9, 2021
Last week, we discussed how and why many business owners are considering leaving California to lower-tax states. There are many logistics and laws that need to be reviewed before making such a drastic move. First, you must understand the rules… Read Now >>
Are You Relocating Your Business Out of California?
June 2, 2021
There has been a lot of talk lately about the “mass exodus” of residents and businesses leaving California. Some news would have you believe that everyone is running from our state’s high income, sales and property taxes and fleeing to… Read Now >>
How to Use Crypto for Your Business
May 26, 2021
We’ve been talking about how to incorporate cryptocurrency in your personal investment strategy, but we haven’t really addressed how to utilize crypto and blockchain technology in your business. Businesses big and small have been incorporating digital currencies like Bitcoin, and… Read Now >>
What is Blockchain and How is it Different from Bitcoin?
May 19, 2021
I’ve been diving deep into some cryptocurrency investment topics on the Illumination Wealth Blog this month. Today, I would like to go back and cover one of the most basic questions people have about crypto. Those who are less initiated… Read Now >>
How Much Crypto Should Be in Your Portfolio?
May 12, 2021
Continuing our Illumination Wealth Blog series on cryptocurrency, we want to look at crypto as a legitimate investment opportunity. It has turned into something similar to the stock market with so many new cryptocurrencies and trading platforms available, as well… Read Now >>
Cryptocurrency Explained
May 5, 2021
There is a lot of talk lately about cryptocurrency (or just “crypto”). It’s for good reason. Serious investors have taken notice and many see it as the currency of the future. So, what exactly is it and how should you… Read Now >>
What Exactly is an NFT?
April 28, 2021
This is a term we hear more and more each day in the financial world. “Nonfungible tokens” (more commonly known as NFTs) are all the rage among high-end collectors. An NFT is a new form of investment tied in directly… Read Now >>
