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Now that we’ve made it past 2020, it’s time to finally get back on track and focus on all about growing your money for this year. It’s been a long year due to the coronavirus pandemic, and a lot of us have slowed down on investing our savings during this crucial time.

Since New Years’ resolutions are back in full swing, it’s also a great time to start working on your financial growth – while it isn’t great, it’s still showing some signs of recovery, or some form of stability, at the very least.

Just like a morning-after hangover though, you can’t let the naysayers get you down or negatively impact your own goals after promising yourself to change for the better. What are you doing to keep growing your money and your investments?.

Take everyone’s “go-to” investment – real estate. Now, a LOT of people think about real estate investment in terms of owning single family homes and renting them out, but there are hundreds of different investment models for real estate. Ground leases, sale/leasebacks, fix and flips, buy and holds, 1031 Exchanges, and so on.

The truth is, you can study real estate for a lifetime and never use all the various methods, but the sheer number of ways to make money in real estate means one thing: There is always something making money in real estate. Even systems that may not be overly popular right now might prove to be perfect for you in your situation.

The point is, real estate offers a ton of ways to make and save money, but it’s very often one that requires you to have ready access to liquidity. That’s where we can help. As tax professionals, we can see ways that even modest amounts of cash on hand can allow you to move in on investments, and with the traditional returns on real estate far outpacing the stock markets or mutual funds, now is the time to get on track and understand what kind of buying power you’ve got, and how to get more.

Share with us what your investment goals are for 2021 and – if you’d like to take that one step further, schedule a time with us to discuss how you can put more money in your pocket – the idea, of course, being to be ready to capture that investment when the time comes. Make 2021 your year now!

 

 

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