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29

January

SEP IRAs

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Useful savings plans for the smallest businesses.

 

Provided by Luke M. Johnson, President Legend Capital Group

 

Do you own a small business with a few employees? Are you self-employed? In either case, the SEP IRA may be the ideal low-cost, easily administered retirement savings plan for you.

This is a simple pension plan using a traditional IRA. (SEP stands for Simplified Employee Pension.) It lets you put aside money into individual IRAs for you and your employees, with lower administrative fees and less paperwork than other types of retirement plans.1

Tax-deferred compounding of pre-tax dollars. You contribute pre-tax dollars to a SEP IRA, and that has the effect of lowering your tax bill. The money in...


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THE FISCAL CLIFF DEAL & YOUR TAXES 


What will change (and won’t change) as a result of the new legislation.

 

Presented by: Luke M. Johnson, President Legend Capital Group

 

Several tax hikes, some tax breaks. Now that the fiscal cliff deal assembled in Congress is becoming law, it is time to look at some of the tax law changes that will result. Here are the major details in the bill, which will bring significant tax hikes to some households in an effort to increase federal revenues by $600 billion over the next ten years.1

 

The Bush-era tax cuts will be preserved for at least 98% of taxpayers. Individuals with incomes of $400,000 or less and households with incomes of...



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10

August

ARE REITs RIGHT FOR YOU?

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You can own real estate without having to be a landlord.

 

Provided by:  Luke M. Johnson, President Legend Capital Group

 

What is a REIT? A real estate investment trust (REIT) is a real estate investment company that manages a portfolio of income properties, distributing the lion’s share of its profits as dividends. By getting into a REIT, you can gain an ownership interest in prime commercial real estate … without the headaches of commercial real estate management.

 

How do REITs work? On one level, a REIT is an agreement with the IRS. In choosing a REIT structure, a real estate investment company agrees to pay out 90% or more of its taxable profits in dividends in exchange for avoiding corporate income tax.1

In the typical public REIT, investors buy shares in the trust. (You may have heard the term “real estate...


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In a dismal real estate market, some see a prime opportunity.

 

Presented by:  Luke M. Johnson, President Legend Capital Group

 

This may be a great time to get into a REIT. If you’re trying to sell commercial or residential real estate today, you face quite a challenge. On the other hand, buyers are seeing all kinds of opportunities to pick up properties at depressed prices.

 

You may want to seize these opportunities, but you may not want to manage property. Is there a way you can invest in real estate without turning into a landlord?

 

There is. REITs (Real Estate Investment Trusts) allow you to get into the commercial real estate sector without the hassles of property management. 

 

You...


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