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Passive Investing

Many investors prefer to be passive. They do not want the burden of

Cash Flow

The new rules of real estate are simple the focus is now on cash flow. If you are interested

Appreciation

Assume you have a goal to acquire a million dollars net worth in ten years. (If

Tax Benefits

There is no better vehicle for tax benefits than owning real estate. I’m sure you’ve heard that

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INVESTMENT PROJECTS

Business-Friendly States

Factors that make a state business-friendly include:

  • Taxes: Low taxes, including corporate and individual income taxes, and property taxes
  • Economy: A growing economy and access to capital
  • Workforce: A highly educated and skilled workforce
  • Regulations: Favorable business laws and a less intrusive regulatory climate
  • Other factors: Tax incentive programs, startup funding opportunities, and a pro-business environment
Here are some states that are considered business-friendly:

Texas – Has no corporate or individual income tax, access to capital, and many skilled workers

Georgia – Has low tax rates and economic policies that are favorable to businesses

 

North Carolina – Has a low corporate tax rate of 2.5% that’s being phased out to 0%, and a property tax rate of 0.91%

 

Utah – Has a corporate tax rate of 5% and a personal income tax of 4.95%, and also offers tax incentives for data centers

 

Colorado – Has a low corporate and individual income tax rate of 4.55%, and more than three-quarters of businesses survive after five years

 

Tennessee – Has low debt, a pro-business regulatory environment, and no personal income tax on wages

 

Florida – Has no state income tax or inheritance tax, and a less intrusive regulatory climate

 

Virginia – Has a strong economy, a well-educated workforce, and many government agencies and contractors that can provide business opportunities

Lifetime Investment Planning

A part of making your activities habitual is planning and organizing your schedule. If you do not have one now, purchase a weekly planning book at any stationery store or office supply company. Or, copy and use the “Weekly Planner in your Real Estate Forms Portfolio. Using the planner to enter appointments and to schedule activities will help you avoid conflicts and better utilize your time.

Perhaps you only need to maintain a weekly schedule of priorities. The “Weekly Priority Schedule” helps you organize your most important appointments and activities each day according to a morning and evening schedule. Simply fill in each activity you would like to accomplish for the week. The box next to your priorities can be checked off as they are completed.

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