Credit report 3 Reno

The decision between staying a sole proprietor/partnership or forming an LLC/corporation is not always simple. If youd like to dig into credit report 3 Reno the details on your own, I recommend the book LLC or Corporation?

How to Choose the Right Form for Your Business from Nolo Press.

I chose to go the S-Corp route primarily for the income tax savings.

You can even have a LLC and chose to have it taxed as an S-Corp, as if things werent confusing enough! Find more in Deals & Offers, Entrepreneurial | 9/20 | 4 Comments The NYT Economix blog points out that rents are rising again according to inflation data from the Bureau of credit report 3 Reno Labor Statistics.

The chart included doesnt have zero on the y-scale, but a value of 100 corresponds to rent from 1982-1984. Rents nationwide are about 40% above their values in 2000. I recently saw the last house I used to rent on Craiglist and the rent was up 15% from 4 years ago. There is definitely an increase in the number of renters, and perhaps there credit report 3 Reno is also an overall psychological shift in that less people think homeownership is a part of the American Dream. Perhaps this means its a better time to be landlord? Home prices are still hanging around 2003 levels: Although I know many successful people who are landlords, I dont now if Im cut out for it. fair credit reporting act free credit report However, I do like buying real estate investment trust (REITs), which allows me to collect rent like I credit report 3 Reno collect stock dividends. Heres a post all about REITs.) I even did a comparison post of rental property vs. I continue to get my real estate exposure through the low-cost, passively-managed Vanguard REIT Index Fund, available both as a mutual fund and ETF. It tracks the MSCI US REIT Index and includes all kinds of real estate, currently holding 20% in residential ETFs that own things like apartment complexes. It like the diversification of this credit report 3 Reno fund, even though it can be a rough ride, and in a struggling economy things like commercial properties will be harder to rent out. Heres the growth of $10,credit report 3 Reno 000 chart of both the Vanguard REIT Index Fund and the SP 500 index, from mid-1996 to today. This type of chart accounts for total return, including dividends. free credit report history The REIT fund has done better than the SP 500, which some may find surprising (or not) given the housing bust. As you can also see, they dont always move together, which is good. Including REITs and rebalancing has offered a way to achieve better returns even if you like a simple buy and hold portfolio. I cant guarantee that this type of helpful diversification will continue in the future, but Im happy with my current portfolio right now, and am glad to be a lazy landlord in this manner.

Find more in Investing, Real Estate | 9/19 | 4 Comments Recent political debates have brought up comparisons between Social Security and Ponzi schemes.

(Have you read the book about the real Ponzi?) Even though seemingly every single economist on Earth has weighed in, this discussion has been around for so long that the Social Security website already has credit report 3 Reno an entire page dedicated to addressing it.

To summarize, yes Social Security shares some traits credit report 3 Reno with Ponzi schemes in that money from new participants goes to earlier participants. However, it relies on a rather straightforward transfer and does not depend on an exponential growth credit report 3 Reno of new participants to be sustainable.

What I pay into Social Security today goes straight to a current retirees Social Security check. When I retire, my paycheck will be supported by a younger workers taxes. on line credit report The problem is, that the ratio of workers to retirees is getting rather low.

In 1950, there were 7.3 working-age people for each person over 65; now, the ratio is 4.7 to 1, and it is scheduled to credit report 3 Reno drop to 2.7 to 1 by credit report 3 Reno 2035. [Source] Since people are living longer credit report 3 Reno as well, the reality is that for a 30-something like me, the math works out that there is little chance that we will get the same level of relative benefits that current retirees get.

However, there will be no sudden Ponzi-like implosion. Now, the government credit report 3 Reno could smooth this transition out even more if they do the hard thing and do some combination of higher taxes, extending retirement ages with higher life expectancy, or lowering benefits.