Retirement Planning by The Numbers…

Retirement Planning by The Numbers…

Saving for retirement requires a good deal of preparation— more so than just about any other area of life. Many people find this to be an overwhelming task, wondering how much to save, when to start and what’s a good spending-to-saving balance. Developing a retirement savings strategy shouldn’t be difficult. Typically, the hardest part is getting started! The easiest place to begin is to visualize the kind of retirement you want. Then, choose the date that you want to start living your retirement dream. Selecting a date to retire is key because any pension and Social Security distributions will vary depending on your retirement start date—and healthcare costs will depend on whether you qualify for Medicare. You’ll also need to know how many years you have to save in order to meet your goals. read...
Get Your Indoor Herb Gardening On!

Get Your Indoor Herb Gardening On!

New gardeners have come out of the woodwork this year, looking to create a sustainable food supply in their own backyards. Of course, not everyone has the space or the time to create a full-on outdoor garden. So, why not start small…and indoors? Growing herbs indoors allows you to enjoy homegrown produce that adds a zip of fresh flavor to meals with a quick clip of a few fresh sprigs. For gardening newbies, it also serves as a low-stakes entry into more substantial edible gardening—and all you need is a sunny window. Start your own indoor herb garden this year by following a few helpful tips: read...
Self Storage Syndication: What is it?

Self Storage Syndication: What is it?

Real estate is a huge topic, especially when it comes to investors. Most people think of homes, condos, or even flipping houses. Not too many people realize that another big trend has been happening under our noses for a long time now: self-storage units.  If you close your eyes and picture your city or neighborhood, we can guarantee that you see self-storage locations all the time. The reason this kind of investment is growing is because of how much demand there is for one. In many cities, especially in Los Angeles, there is a growing number of people having to downsize their homes due to housing costs. However, stuff is very valuable to us and even if folks are downsizing, they are still choosing to keep their prized possessions. These units consist of concrete floors, partitions walls, and generally a heavy gate to keep everything protected under lock and key. These units range in size and price and are paid monthly. read...
Real Estate Syndication: Meet the newest trend in Real Estate

Real Estate Syndication: Meet the newest trend in Real Estate

Why self-storage syndication is on the rise When it comes to real estate investing, there are so many new opportunities out there. How can you tell which is best for you? If you stop and take a moment to reflect on what is currently trending with real estate you’ll realize that multifamily, self-storage, out of state investing, and even crowdfunding are all on the rise. You may ask yourself: How can so many people find the time and money to invest? The answer is real estate syndication.  This process is more accessible to folks who would like to invest but may not have the funds to do so alone. Real estate syndication is when a group of people decide to join forces and put their money and experience together to make an investment on a piece of real estate. This process is done by two major groups:  read...
2020 Tax Extension Deadline

2020 Tax Extension Deadline

KDA is here to remind you that due to Covid-19, the tax deadline was moved back to July 15th, which is only a few days away! Here is what you need to know about the 2020 Tax Extension Deadline: Individual Tax Returns are due July 15th 2020! If you have not done so, and think you may need an extension, if you get extended the date for you will now be October 15th. Tax Extension How To: If you need to request a tax extension, your best option is to fill out the proper forms and get that done ASAP! The form is called, Form 4868. This form will allow you an extension with the IRS to file. read...

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