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

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.


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’.

copyright 2023 Anibal Group LLC

Series: Some basics ~ Stock market investing

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:


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.

SERIES: Your net worth strategy~Another RNW Brokerage Perk: Income Tax Savings.

How much you can SAVE on INCOME TAXES using a REALTY BROKER (us) that gives INCOME & PROPERTY TAX ADVICE in the professional service package & offers ALA CARTE BILLING?

SERIES: Your net worth strategy just changed with the tax law changes. The ‘Portfolio Approach’ has never made more sense than now.AnibalGroupLLC_RealtyNetWorth_tax-savings-with-buy-sell-brokerage

Think about if you have, had, or are considering any of the below?

  • … income property?
  • … a small business or 1099 contract income?
  • … an entity such as S-Corp, LLC, or Partnership?
  • … using property as home office, land storage rental, pole barn use, attached apartment for related/unrelated, or style letting?
  • … college (or other) housing for student/ child?
  • … providing housing for parent?
  • … vacation/ seasonal property that may have mixed rental/ personal use?
  • … relocation related to work?

Here’s an example of what you could save over using another agent/ brokerage who will not be including or offering taxation perspective in how your deal is structured, financed, the timing, how title is held, and other topics from a taxation perspective.*

Related Articles:

* Anibal Group LLC does not offer legal advice. This article is not to be considered advice specific to your situation. Most financial decisions should involve advice from a trusted professional of your choice that will advise on insurance, legal, banking/ lending, structural/ property condition, and other transaction significant matters. We can offer referrals for CPA’s and other professionals.