This year marked the 10th year of my government career. It was also the first time I was told my position was non-essential. So when the government shutdown due to lack of funding on Jan. 20, I was told not to report to work until Congress signed a budget. When the government is under furlough […]
Specific financial products and services that you can utilize in generating wealth. Reviews and recommendations are honest and never influenced. This is a resource to help you navigate the many offerings and separate the good from the bad.
Real estate is the investment of choice for many because it is one of the few asset classes that enjoy favorable tax treatment. Reducing your taxes is an important part of building your net worth, and a Section 1031 exchange is one of many great real estate tax strategies to do just that. If done […]
When my husband and I filed our 2016 taxes, we realized we owed almost $20,000 in federal taxes instead of getting a tax refund. I was shocked. I thought I was paying the right amount all year only to learn I was underpaying while my husband was paying just enough. This expensive lesson taught us […]
In 2016 my husband and I decided to buy a new home, and this time we wanted to build. In the Washington, DC metropolitan area real estate is quite expensive. We soon learned it would be cheaper to move one hour from the capitol and buy new, versus purchasing an older home closer to the […]
Fun Fact: It’s possible to use retirement funds to help pay for children’s college expenses. Although there are a plethora of articles of how parents can use their retirement savings to pay for their kids’ college (I love my [future] children…but no), I’ll explain how you can CREATE a retirement account for your children and […]