How To Invest In A Rooming House Strategy
The Rooming House Strategy involves converting a single-family home into a rooming house where individual rooms are rented out separately, with tenants sharing common areas like kitchens, living rooms, and bathrooms. This approach can significantly increase rental income compared to traditional single-family rentals by charging per room. However, it’s important to consider zoning laws, occupancy…
How To Invest Tax Sale Overages
Tax sale overages, also known as excess proceeds or surplus funds, are the remaining funds left after a property is sold at a tax sale or tax foreclosure auction for an amount greater than the outstanding tax debt and associated costs. When a property owner fails to pay their property taxes, the local government (such…
What You Need To Know About The Corporate Transparency Act
The Corporate Transparency Act (CTA) was passed as part of the National Defense Authorization Act for Fiscal Year 2021 (NDAA 2021). It was enacted into law on January 1, 2021, as part of the broader legislative package. What is the Corporate Transparency Act? The Corporate Transparency Act (CTA) is a federal law aimed at combating…
How To Invest In Web Domains
A web domain is a unique address or URL that identifies a specific website on the Internet. It consists of two main parts: the domain name and the domain extension (also known as a top-level domain or TLD). For example, in “example.com,” “example” is the domain name, and “.com” is the TLD. Domains serve as…
How To Invest In Opportunity Zone Investments
Opportunity Zone Investments are a federal initiative established by the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation in distressed communities across the United States. These investments involve various components, including Opportunity Zones, Qualified Opportunity Funds (QOFs), and specific types of investments. Opportunity Zones are economically distressed communities designated by…
How To Invest In Treasury Inflation Protected Securities (TIPS)
Treasury Inflation-Protected Securities (TIPS) are a type of U.S. Treasury bond designed to help investors protect against inflation. TIPS are government bonds issued by the U.S. Department of the Treasury that are indexed to inflation. The principal value of TIPS increases with inflation and decreases with deflation, as measured by the Consumer Price Index (CPI).…
Bitcoin Life Insurance
In the ever-evolving finance landscape, the intersection of cryptocurrency and traditional financial products has given birth to innovative solutions. One such groundbreaking product is the Bitcoin Life Insurance product, which is based on the Bitcoin standard. The current Bitcoin Life Insurance product available is a 10-pay whole life insurance policy denominated entirely in Bitcoin (BTC).…
How To Invest In Dividend Reinvestment Program
A Dividend Reinvestment Program (DRIP) is an investment plan offered by a company that allows shareholders to reinvest their cash dividends by purchasing additional shares or fractional shares of the company’s stock on the dividend payment date. Instead of receiving dividends in cash, shareholders who participate in a DRIP have their dividends automatically reinvested to…
How To Invest In SPACS
A Special Purpose Acquisition Company (SPAC) is a type of investment vehicle explicitly formed to raise capital through an initial public offering (IPO) to acquire an existing company. Special Purpose Acquisition Companies (SPACs) are investment vehicles formed by sponsors, typically experienced investors, entrepreneurs, or business executives. These sponsors create the SPAC, raise money through an…
