Annual NetWorth Financial Review: with tax preparation & property holdings analysis.

Anibal Group LLC RealtyNetWorth.com Income taxes, Individual , , ,

At least annually I recommend taking a close look at your finances and the related effects on your Net Worth. A great place to start is a tax return completed & an annual dossier on your real estate property holdingsproperty-owners-notebook-cover-insert_anibal-group-llc-realtynetworth-thenetworthlife-alloverusa-networthbasics. That’s part of the packet we proved to open up further useful thoughts and discussion.

Let me know if you need an organizer binder’ NOTEBOOK’.  It compliments the YourSpace24/7 client portal, both are handy tools to help you get organized for you visits to your various financial professionals.

To set an Annual Financial Review appointment, or no-cost consultation, use our quick ‘time & day’ online sign in.

Always bring your PROPERTY TAX ASSESSMENT to your REVIEW. You may qualify for a complete abatement, or a reduction in taxes. We can assist you in the process. Here’s a couple tools for the DIYers:

Here’s some tax planning reading for the scholarly:

What now? Well the key word is ‘now’. Tax advice/ Anibal-Group-LLC-All-Over-USA-Real Estate Relocation services Michigan Florida photo of Charleston-SC-6planning is of more value ‘forward looking’ than ‘after the fact’.  Even more so just before, or worse, after deadlines.  There are many strategies available going forward. But they virtually all require pre-planning. This is the difference between basically doing clerical work or utilizing various planning approaches.

Now, more than ever, we are in an era of ‘portfolio real estate’ approach – looking at the larger picture, considering ‘all the pieces’ to the tax/ net-worth puzzle. Update Your VISION. Its part of our ‘client intake’ format. This is where we start in on you’re long term thoughts, dreams, needs, goals, and comfort parameters.

Related Articles:

  • See links above.

Anibal-Group-LLC-RealtyNetWorth-b-w-contemplation

Year-end tip:  Statistically holiday season is by far best time to purchase your vacation, investment (hands off managed ‘passive’ or active), retired parental rental, student rental, & flips of any kind be it ‘wholesaling’ or hands-on. Deductions in these areas now became game changers vs the old – mostly gone – ‘itemized deductions’.

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Roth IRA Basics – distribution basics

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Your account is composed of: 1. Contributions, 2. Earnings. Contributions to a Roth IRA can be distributed to the creator any time.
Earnings – without owing taxes or penalties:
  1. you have to be at least 59½ years old
  2. and the account has to be five years old.
  3. even if you’re already 59½, you have to have established and held the Roth for at least five tax years. That is basically the 5-year rule for Roths.
The 5-year rule only limits when you can withdraw your earnings from your Roth IRA. That means the interest, dividends, capital gains, and any other income your Roth investments have accumulated. Contributions are not limited – these were after-tax already, ie: there was no deduction when you deposited them.
Anibal Group retiree assistance NEED ASSISTANCE? Other helpful links: Calendar / Rates / Get a ‘YourSpace’ Portal Now, more than ever, we are looking at your larger picture, considering ‘all the pieces’ to the tax/ net worth puzzle.

Related Articles: Retirement

> Request Appointment < click here. Other questions/ comments:

Series: Virtual Appointments & document posting for remote Annual Review

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DOCUMENTS MUST BE RECEIVED MIN. 48 HRS PRIOR TO ‘APPOINTMENT’.

DOCUMENTS CAN NOT BE ACCEPTED VIA OUR PUBLISHED EMAIL(s) BY EXISTING CLIENTS DUE TO SECURITY AND SPACE LIMITATIONS. — Any submission of items direct to our company or personal email(s) require a pre submission agreement of such, to ensure privacy and proper routing. All existing clients use YourSpace247 ‘direct post email’ in right-hand column.

For Virtual Appointments:

  1. Tender, via direct email upload of, your docs. to portal min. 48 hrs ahead of any discussion or expected feedback.
  2. we’ll complete your work
  3. for download n/ pay online.
  4. AFTER you review the packet, if you need to connect, request a link.

Via phone, Zoom, TeamViewer, Google Meeting, etc available.

  • There is an extra hourly fee for us to sort through, rotate, and re-assemble in to one pdf file if you submit
    • multiple pdf’s or jpg’s
    • unclear docs
    • cropped off docs
    • rotated docs
  • FOR BEST RATE – CREATE: 1 (only) pdf packet,
    • clear/ crisp scans,
    • not ‘keystone’ but captured using device that is parallel to doc’s
    • readable format: horizontal, not rotated or inverted from page to page.
    • Check readability before forwarding to us.
    • multi-files and manipulation subject to hourly additional

Existing clients, post doc’s to your YourSpace247 client portal (use YourSpace email in the RH Sidebar) & update YourNOTEBOOK if I created a new unpopulated spreadsheet tab for you.

    • Check your post to make sure it is there AND readable.

PHOTOS/ MULTI PDF’s/ etc.: do not email any official communications or docs to our company or personal email – attachments are not seen for security reasons, & there would be considerable a delay due to volume.

  • Texting of photos is available for a processing fee – NOT to our published phone #, request unpublished secure ph#.
  • Scan or use Camscanner app.
    • No scanner or smart phone?, UPS/ FedEx, & office supply stores assist you.

Advice & planning is worthless after the fact. Review your strategies and go forward. Later, the complexity and expense – financial and emotional – will grow exponentially!

Don’t know where to start? Do the clerical work. Don’t know where that starts? Contact me for assistance.

Our approach will be looking at the bigger picture. You can also begin by sharing you’re thoughts, dreams, needs, goals, and comfort parameters.

Related Articles:

Anibal-Group-LLC-RealtyNetWorth-b-w-contemplation

Year-end tip(s):  Update your Assets spreadsheet. Keep a draft of your Trust/ Will documents on a google drive format for easy sharing with your insurance/ legal/ and tax counselors.

Michigan Property / Summer Tax deferment: Income under $40k, for over 62 or military or physical disability – or poverty exemptions up to 100% any age.

Anibal Group LLC RealtyNetWorth.com Retirement , ,

Home Owners, you many qualify to easily defer property taxes until next February.  OR, you may qualify for an exemption from property taxes altogether.Anibal Group retiree assistance

DEFERMENT – Here’s the criteria:

Taxpayers may defer their summer property tax if they meet the following criteria. Payment may be deferred until February 15 (payment must be received on or before February 14 in order to avoid penalties and interest) for principal residence property owned by a taxpayer who:

  • •Has a total gross household income of $40,000 or less for the preceding tax year, and
  • •Is totally and permanently disabled, blind, paraplegic, hemiplegic, quadriplegic, or
  • •Is an eligible service person, eligible veteran, or eligible widow or widower, or
  • •Is at least age 62

Click to access 4659_242861_7.pdf

POVERTY EXEMPTION:

NEED ASSISTANCE? No charge for our Realty Clients & their referrals

  • https://www.michigan.gov/documents/homestead1_2541_7.pdf
  • ___ Let me know if you need a ‘free workshop’. I’ll help complete deferments, no charge, and give tips on ‘property tax exemptions’ based solely on income, plus a QnA time for tips from decades of real estate, tax, & accounting practice. Great for your church, non profit, or retirement community.

Other helpful links: Calendar / Rates / Get a ‘YourSpace’ Portal

Now, more than ever, we are looking at your larger picture, considering ‘all the pieces’ to the tax/ networth puzzle.

Related Articles:

> Request Appointment < click here. Other questions/coments:

Series: Timing buys and sells ~ Stock market investing

Anibal Group LLC RealtyNetWorth.com Uncategorized
Some Basics: Introduction to tools for protecting and growing your Net Worth.
Stock trading is not my primary investment vehicle of choice. But since clients add this into their mix, here’s some input.
Paul Anibal Realty Net Worth tax real estate broker fenton mi linden byron hartland The new analysis re: the returns of exchange-traded fund SPY or SPDR S&P 500 E.T.F., which started trading on Jan. 29, 1993 – which mirrors the Standard & Poor’s 500-stock index – shows SPY’s overall price gain from its inception through 1/2018 ( time of article & data) has been 541 percent cumulatively, not counting dividends. But look closely and a remarkable fact emerges.
  • Separate the daytime from after-hour returns and all of that price gain since 1993 has come outside regular trading hours.
  • eg: If you had bought SPY at the last second of trading on each business day since 1993 and sold at the market open the next day — you’d get all of the net after-hour gains — your cumulative price gain would be 571 percent.
  • But, if you had done the opposite, buy at open, 9:30 a.m., and sell at close, you have lost 4.4 % !
Caveat: Orders tend to build up overnight, hence:
  • in a rising market, that will produce an upward price surge at open, but
  • during declining markets, overnight sell orders may tank at open.
  • and in a rising market, that will produce an upward price surge when the market opens. But during extended declines, overnight sell orders may cause prices to plummet when the market opens.
What now? I have many stock investing spreadsheet templates you may like. I edit these in realtime with the client ~ via virtual or in person meetings ~ to help you know where you’ve been, where you are, and estimate where you are headed. Contact me for assistance.feedback_todo_checklist Our approach will be looking at the bigger picture. You can also begin by sharing you’re thoughts, dreams, needs, goals, and comfort parameters.
A word about Real Estate: paul anibal real estate investment roi flipping properties fenton michigan investing in houses
Related Articles: Anibal-Group-LLC-RealtyNetWorth-b-w-contemplation Year-end tip(s):  Update your Assets spreadsheet. Keep a draft of your Trust/ Will documents on a google drive format for easy sharing with your insurance/ legal/ and tax counselors.

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Series: Some basics ~ Stock market investing

Anibal Group LLC RealtyNetWorth.com Retirement , , , , , , , , , , , , , ,
Some Basics: Introduction to tools for protecting and growing your Net Worth.

Stock trading is not my investment vehicle of choice. But since clients add this into their mix, here’s some input.

Brokerage tools:
  • Quick n easy ‘Apps’:Paul Anibal Realty Net Worth tax real estate broker fenton mi linden byron hartland
    • Examples: Webull, Robinhood
    • +’s: Quick tool for cellphones, etc.
    • -‘s: Can be limited in research, charts and graphs. Easily draws in the inexperienced with potentially horrendous consequences.
  • Expanded services & website brokerages:
    • Examples: Etrade, TD Ameritrade
    • +’s: Lots of tools you should be using
    • -‘s: Need to sit at a PC to use the tools and invest the time ~ actually, that’s a plus

Site tools:

A word about Real Estate: paul anibal real estate investment roi flipping properties fenton michigan investing in houses

What now? Please solicit advice from multiple sources based on various areas of specialization….e.g.: professional insurance/ legal/ tax/ financial planner/ lender/ realty broker/ and even a spiritual advisor. Yes, even your pastor will have great insights to share re: what the rest of us professional see ‘after the fact’. Scripture speaks more to finances than other topics & its the #1 issue in relationship conflicts.

I can’t stress this enough, virtually every family has ‘issues’ when $’s and control come to play.  Many client families I’d never dreamed would have had disagreements have family splits, even when little to nothing was left to disagree over.

Well the key word is ‘now’. Advice & planning is worthless after someone becomes feedback_todo_checklistincapable of handling their affairs, or passes. Review your strategies and go forward. Later, the complexity and expense – financial and emotional – will grow exponentially!

Don’t know where to start? Do the clerical work. Don’t know where that starts? Contact me for assistance.

Our approach will be looking at the bigger picture. You can also begin by sharing you’re thoughts, dreams, needs, goals, and comfort parameters.

Related Articles:

Anibal-Group-LLC-RealtyNetWorth-b-w-contemplation

Year-end tip(s):  Update your Assets spreadsheet. Keep a draft of your Trust/ Will documents on a google drive format for easy sharing with your insurance/ legal/ and tax counselors.

Michigan Unemployment during Covid-19 Coronavirus shutdown

Anibal Group LLC RealtyNetWorth.com Income taxes, Individual

a3f18e9e-739e-401a-ac75-5d6c3b7bc984Small business owners. Know all the criteria before making application as the site is running slow & you’ll want to make the best use of your time. Delays may sign you out, then you have to start over.

Here’s the order:

Click to access 160_-_Claiming_UI_Benefit_In_Michigan_-_Jan2014_444213_7.pdf

NEED ASSISTANCE? We work remote with you!

Other helpful links: Calendar / Rates / Get a ‘YourSpace’ Portal

Now, more than ever, we are looking at your larger picture, considering ‘all the pieces’ to the tax/ networth puzzle.

Related Articles:

> Request Appointment < click here. Other questions/coments:

Coronavirus COVID-19 and unemployment benefits for entity owners. Cost vs benefits, eligibility.

Anibal Group LLC RealtyNetWorth.com Income taxes, Individual

a3f18e9e-739e-401a-ac75-5d6c3b7bc984You own the company. You’ve been taking a salary/wage. What will it cost you now that there is an executive order to stay home ?

Here’s the order: https://www.michigan.gov/coronavirus/0,9753,7-406-98158-522595&#8211;,00.html?utm_medium=email&utm_source=govdelivery

How much can you get? https://fileunemployment.org/michigan/mi-calculator/

When must you file? asap to 28 days.

How much will it cost? depends, read this or call me:

How long does it last? extended to 26 from 20 weeks

How to file? Start here or call: https://www.michigan.gov/leo/0,5863,7-336-78421_97241&#8212;,00.html

Outside of the emergency order: https://www.michigan.gov/documents/uia/160_-_Claiming_UI_Benefit_In_Michigan_-_Jan2014_444213_7.pdf

NEED ASSISTANCE? We are working remotely with you!, see:

Other helpful links: Calendar a ‘Virtual’ Appt / Rates / Get a ‘YourSpace’

Now, more than ever, we are looking at your larger picture, considering ‘all the pieces’ to the tax/networth puzzle.

Related Articles:

> To Request an Appointment < click here, other reasons for contacting us:

Virtual Appointments ~ Its easy:

Anibal Group LLC RealtyNetWorth.com Income taxes, Individual

a3f18e9e-739e-401a-ac75-5d6c3b7bc984Get your taxes done ~ office/ phone/ smart phone pdf creation / scanned / office supply store pdf/ or USPS!

Year end, aka: “Financial Life Annual Review” with tax prep & realty insights:

    1. Submit info: Direct ALL DOCS/ PHOTOS/ PDF packets & communications to YourSpace247 > example. Mask sensitive #’s.
      • Submit items: W2’s, 1099s, property taxes, copy of last yrs file, etc.
      • You can scan/ photograph/ or let the local office store (OfficeMax/Depot, UPS, FedEx) do it for you.
      • If you need a spreadsheet to make notes to us, I have hundreds of ready to fill google docs that we both can access from the cloud. All clients receive a template of spreadsheet pages they may use. Or submit yours, or I’ll create one just for you. example.
      • Need to share something on your PC ? or watch our PC as we complete the process?
    2. We’ll schedule a phone call as needed to go over items submitted, ask a few questions, and answer yours.
    3. We prepare a complete ‘signature ready’ pdf packet.
      • You can either print it out, sign for efile, and return asap.
      • Or, we’ll mail out your hard copy packet.
    4. Pay easily via Paypal or by check.
      • There is no need to ever leave your home/home office!

I’ve provided this service for literally decades for shut-ins, missionaries, snow birds and folks all over the country.

Other helpful links: Calendar a ‘Virtual’ Appt / Rates / Get a ‘YourSpace’

Now, more than ever, we are looking at your larger picture, considering ‘all the pieces’ to the tax/networth puzzle.

Related Articles:

> To Request an Appointment < click here, other reasons for contacting us: