Rumesh - SC Financial Group

Reduce your tax liabilty

Heard of tax loss harvesting!

Benefits:

- Reduces tax liability
- Improves portoflio performace
- Capital loss carryover
- Increases after rax returns
- Strategic rebalancing

Tax Loss Harvesting - a strategy used to reduce taxable income by selling investments at a loss to offset gains from other investments. This can lower your overall tax liability.

Considering purchasing a rental property?

Key things to consider before you assume the tenants! 🏡💼

Taking the leap into rental property ownership may potentially be a rewarding investment, but there are several critical factors to investigate before assuming the existing tenants. Here’s what you should look into:

Paying off studen loans from RSUs

Is what I recommended a client to do.

Specific to their own financial standings, they had enough and more cash flow to accommodate the monthly payment, but my question was why pay interest when we really do not have to.

The argument that can be made is if you invested it instead then overtime it could have made more, but that is not a certainty, but what is a certainy is that when you payoff the student loans, you:

- Free up cashflow
- No more interest payments
- Save on interest
- Debt to income ration is low
- Feeling accomplished
- Weight of your shoulders
- etc…