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Yes, high income professionals can contribute to Roth IRAs. They just have to do it indirectly.Getty The Taxpayer Relief Act of 1997 reestablished Individual Retirement Arrangements (IRAs) and created Roth IRAs for the first time. Due to Congressional rules, both traditional IRAs and Roth IRAs had income limits that prevented high income professionals from deducting
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Blue Chips Stock isolated on white background. 3D renderGetty Year-to-date the U.S. REIT market has been volatile, primarily as a result of the fear of rising rates as well as the record number of retail store closures. According to NAREIT, U.S. Equity REITs returned -.55% year-to-date (through October 31st) and the worst-performing sectors were timber
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Ultra-wealthy investors aren’t bullish on the markets but they are well positioned to “weather the storm,” according to Michael Sonnenfeldt, founder of investment club Tiger 21. In the third quarter, Tiger 21 members moved more capital into real estate and private equity, according to its latest asset allocation report. The network, which is made up
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Amazon HQ2 headquarters concept by Fifth Avenue North Partners and Heller Manus Architects.Fifth Avenue North/Heller Manus Architects The Bezos has spoken. Amazon’s HQ2 is officially a split-decision between Long Island City in Queens, New York, and Crystal City in Arlington, Virginia—the predictable epicenters of finance, commerce and government. The official news leaves 236 other cities
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In many urban neighborhoods, especially downtown, it’s common to find street-level shops, restaurants and service firms sharing buildings with residential apartments on the floors above. With the different challenges that come with commercial and residential properties, real estate investors may find the idea of managing a mixed–use property daunting; but it doesn’t have to be.
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At year-end, multi-year planning is an important topic of discussion for you and your financial advisor, especially after tax reformiStock (Getty Images) This is the first year-end season when high-net-worth taxpayers, including executives with stock compensation, must consider the tax changes introduced in 2018 by the Tax Cuts & Jobs Act (TCJA). Fortunately, the new
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Dreaming of a chic Christmas.Brittany Avila The holiday season isn’t just a time for gifts. It’s also a time for re-decorating. In recent years, traditional holiday decor has stayed in storage and been replaced with more contemporary styles. While social media has influenced this trend, it’s not the only reason. Laurence Carr who is the
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Playa Grande Golf and Ocean Club, a private residential resort community being developed on the northeast coast of the Dominican Republic, is destined to become the most exclusive, private members-only property on the Caribbean island.Courtesy of Discovery Land Company Playa Grande Golf and Ocean Club, a private residential resort community being developed on the northeast
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