How To Invest in Rental Real Estate

How To Invest in Rental Real Estate

Kevin Gormley CFP, CPA® discusses the five most important steps you should consider when it comes to investing in rental real estate. No matter how ‘easy’ you may have heard owning rental property is, you could find yourself in real financial trouble without a good process to analyze the property, the local area, cash flow, and the tax implications of your rental property.

Who Pays in the Tariff Wars?

Who Pays in the Tariff Wars?

Many taxpayers seem to be confused about how tariffs work.  The President has said that American tariffs on Chinese products are bringing in unspecified “billions” to the U.S. government.  That may be true, but the source of those “billions” is not China or Chinese companies.  Importers pay the import taxes when the items they’ve purchased overseas cross the U.S. border.  With import taxes as high as 25%, it is all-but-guaranteed that the price of these items will be higher when sold to American consumers.  

Charlie Mattingly

Charlie earned his Bachelor of Science degree in Mechanical Engineering from the University of Tennessee. He then entered the United States Air Force where he served for ten years as an officer and F-16 fighter pilot. After his ten years in the Air Force, Charlie wanted to begin a new career helping others understand and thrive in personal finance so he earned his Master of Business Administration in Financial Planning from California Lutheran University. Charlie also earned the CERTIFIED FINANCIAL PLANNER™ (CFP®) professional designation in 2012. His prior life and work experiences as an Air Force officer and pilot have helped him understand the discipline, knowledge and leadership it takes to be an effective financial advisor for his clients.