Welfont Group – Making Tax Strategies Work

Successful real estate investors build large tax liabilities. Sometimes those liabilities are big enough to make an investor think again about selling an appreciated property and face huge capital gains. While savvy investors can leverage tax-free exchanges they typically just delay the inevitable – holding onto properties longer than they should or selling at a loss. Welfont Group helps clients combine the 1031 Exchange with the IRS Section 170 Bargain Sale to create a more financially viable outcome. If done correctly, the IRS Section 170 Bargain Sale allows clients to divest of a property held in a 1031 Exchange, essentially cashing…

What Skills You Need to Make it in The World of Business

If you are planning for a future career in the world of business then you have made a smart choice, we now live in not only a digital age but also a business age and this fast paced industry has lots of opportunities to give you a great career. As far as new businesses go there have been more created in the past 2 years than since records began and entrepreneurialism is very much in fashion. Not everyone can be a success in business however, successful businessmen like Rene Escobar Bribiesca have a certain set of skills that have allowed…

What Skills do Great CEOs Possess

CEOs are some of the most important people in the World, they are the leaders of business and industry, they have the power to shift political landscapes and they are some of the richest people on the planet. To be a successful CEO like Evan Spiegel, Mark Zuckerburg, Carlos Sim or Patrick Imbardelli, you have to have a certain set of skills, particularly characteristics that set you apart from those who would just ‘like to be’ a CEO, the aforementioned CEOs all possess similar character traits that got them to where they are today and we’re going to have a…

Use the Internet for a Better Life

internet

In order to get more out of life, using the Internet can be one of the best decisions you make. For example, if you are shopping for insurance coverage (life, auto, health, home etc.) the worldwide web can provide myriad of provider sites in a matter of no time. With that information, you are better-served when it comes to finding the different coverage options to protect you and your loved ones. The Internet also allows you to search for whatever products and/or services you need from the comfort of your home or office. So, are you using the Internet to…

What Benefits Does a Financial Advisor Bring?

I’m very often asked this question by small business owners who are considering hiring a financial advisor, as any business owner knows, paying for anything has to be scrutinized down to the last cent and the idea of paying for advice alone can put some people off. My answer is always the same regarding the question of whether hiring a financial advisor is worth it, absolutely. Any small business owner worth their salt should be looking at bringing in a financial advisor as soon as possible and not just for your financial security, as Patrick Dwyer Merrill Lynch advisor puts…