The Benefits of Investing in a Delaware Statutory Trust

Investing in real estate can be incredibly rewarding, but it also has challenges. A Delaware Statutory Trust (DST) could be a game-changer for retirees seeking stable income. Continue reading to explore the benefits of investing in a DST and help you understand why it might be the right choice for your financial future.

Tax Advantages and Asset Protection

One of the standout benefits of investing in a DST is the tax advantages. Investors can defer capital gains taxes through a 1031 exchange, allowing them to reinvest proceeds from the sale of a property into a DST. This tax deferral can significantly enhance your long-term returns.

DSTs offer asset protection by limiting liability for investors. Since the trust holds the property title, your personal assets remain shielded from potential legal issues related to the property.

Passive Income Opportunities

Investors in DSTs enjoy passive income without the headaches of property management. Professional managers handle the day-to-day operations, including leasing and maintenance. This arrangement frees you to focus on other pursuits while still enjoying a steady stream of rental income. 

This passive income can provide financial stability without the stress of active management for retirees or those approaching retirement.

Diversification and Low Entry Costs

DSTs offer an excellent way to diversify your real estate portfolio. Investing in a DST allows you to hold interests in multiple properties across different regions and asset types. 

This diversification helps mitigate risks associated with market fluctuations.

DSTs typically have lower entry costs compared to direct property ownership. Pooling resources with other investors allows you to access premium properties that might otherwise be out of reach.

Stable Income Streams for Retirees

For retirees, a DST investment can be a reliable source of income. The consistent rental income generated by the properties within the trust provides financial security. This stability is crucial for those living on a fixed income, ensuring you can maintain your lifestyle without financial strain. 

The predictable income from a DST can also supplement other retirement savings, offering an extra layer of financial protection.

Reduced Management Responsibilities

One significant advantage of DSTs is the reduced management responsibilities. Professional managers handle all property-related tasks, from tenant relations to maintenance. 

This hands-off approach is particularly beneficial for retirees who may not have the time or energy to manage properties actively. Investing in a DST allows you to enjoy the benefits of real estate investment without the hassle of day-to-day management.

Estate Planning Considerations

DSTs can play a vital role in estate planning. They allow for easier transfer of real estate assets to heirs without the complications often associated with direct property ownership. 

Because the trust structure simplifies the process, it can reduce the potential for disputes among beneficiaries. This clarity and efficiency make a DST an attractive option for those looking to streamline their estate planning efforts.

Factors To Consider Before Investing

While DSTs offer numerous benefits, it’s essential to consider the risks associated with a DST investment. Risk assessment is crucial to understanding potential market fluctuations and property performance.

Investors should also evaluate liquidity and exit strategies, as DST investments can be less liquid than direct real estate ownership. Regulatory and compliance matters are also important to ensure the DST adheres to all legal requirements, protecting your investment.

Final Thoughts

Investing in a Delaware Statutory Trust offers numerous benefits, from tax advantages and asset protection to passive income and diversification. 

DSTs provide stable income streams and reduced management responsibilities for retirees and those who don’t have much time to devote to their investment properties.

What's the Difference Between Passive and Portfolio Income?

As you navigate the world of personal finance and retirement planning, understanding the differences between passive and portfolio income is crucial.

These two types of income can play a vital role in your long-term financial success, especially if you know how to use them wisely. 

Explore the characteristics of passive and portfolio income and their potential benefits in your retirement strategy below.

Passive Income: Earning Money While You Sleep

People often hail passive income as the best way to achieve financial independence—after all, who wouldn't want to make money without actively working for it? But before you get too excited, let's break down what passive income really is.

In its simplest form, passive income refers to money earned with little to no ongoing effort on the part of the recipient. Some classic examples include rental income from real estate, royalties from intellectual property (such as a book or song), or earnings from a business where the owner isn't actively involved. 

Passive income isn't entirely hands-free, as some degree of initial investment or occasional maintenance is necessary. 

However, it does allow for the potential to earn money without the daily grind of a typical 9-to-5 job.

Portfolio Income: A Diversified Approach to Growing Wealth

Portfolio income, on the other hand, refers to the earnings generated from a diverse mix of financial assets, such as stocks, bonds, mutual funds, and even cryptocurrencies. 

Portfolio income aims to grow wealth by capitalizing on the performance of these diverse assets and can come in the form of capital gains, dividends, and interest.

For example, many people assume cryptocurrency is a type of passive income, while in reality, it's an example of portfolio income. The reason is that investing in cryptocurrency typically requires active monitoring and strategic decision-making to generate returns.

Common misconceptions arise from the belief that all types of investment income are passive, which is inaccurate. 

Unlike passive income, portfolio income generally demands a more active approach to managing and adjusting one's investments.

Striking the Right Balance for Your Retirement

Integrating both passive and portfolio income sources into your retirement plan is crucial to maintain a diversified financial strategy. 

Passive income can provide stability and consistency, especially when the market is volatile or when you need a reliable source of income. 

In contrast, portfolio income allows you to take advantage of potentially higher returns, albeit with higher risks, which can ultimately boost your retirement savings.

To strike the right balance, consider your risk tolerance, financial goals, and timeline. Work with a financial advisor to create a plan that incorporates a variety of income sources, ensuring you have enough money to cover your expenses and maintain a comfortable lifestyle during retirement.

Understanding the differences between passive and portfolio income is an essential aspect of planning for your financial success in retirement. 

By incorporating both types of income into your strategy, you increase your chances of reaching your financial goals and enjoying the retirement you've always envisioned.

3 Situations Where Home Loans Are Beneficial

Buying a home is one of the biggest investment decisions one can make in their lifetime. However, having the financial resources to acquire property may be a challenge for most individuals or families.

This is where home loans come in handy, providing prospective homeowners with the necessary funding to acquire their dream home. 

This article will explore three situations where home loans are beneficial.

First-Time Homebuyers:

For most people, owning a home is a lifelong dream, but financial barriers may hinder them from actualizing it. 

However, home loans allow first-time homebuyers to easily achieve their dream of owning property. 

First-time homebuyers typically have less financial stability and income than other prospective buyers, and this can often make homeownership seem like a distant dream. However, home loans can make this a reality for many families.

Home loans geared towards first-time homebuyers often come with lower interest rates and lower down payments, making it easier for individuals to make their dream of owning a home a reality. 

By acquiring a home loan, first-time homebuyers can secure their desired property, breaking the cycle of renting and giving them a strong financial footing to build upon.

Upgrading to Better Homes:

As time passes and families grow, their space requirements may increase, necessitating an upgrade to a more spacious or modern home. The challenge with upgrading to a better home is usually the significant financial commitment required upfront. 

Leveraging home loans can make upgrading to a better home less stressful and more manageable.

Home loans help individuals to spread the financial cost of upgrading over an extended period, removing the pressure of a significant one-time financial commitment. 

Additionally, refinancing options and low-interest rates make home loans very attractive to homeowners looking to upgrade, opening up new possibilities for growth and expansion.

Investment Properties:

Investing in real estate is a proven wealth-building strategy, enabling individuals to earn passive income through rental properties and other forms of real estate investment. 

By leveraging home loans, investors can obtain financing to acquire multiple investment properties, enabling them to grow their asset base and wealth portfolio significantly.

Home loans geared towards investors usually have different terms and conditions compared to conventional home loans. Investors typically enjoy access to lower interest rates with higher loan limits, enabling them to acquire more valuable properties.

Final Thoughts

In conclusion, home loans make it possible for individuals and families to acquire properties that would otherwise be financially unattainable. 

Whether for first-time homebuyers, upgrading to better homes, or investing in real estate, home loans offer some of the most attractive financing options for savvy homeowners and investors looking to secure their financial futures. 

So, if you're considering a home purchase, it's worth exploring your home loan options to secure your future and grow your wealth.

Budgeting for a Family: Ways to Work Toward Financial Freedom

When you have a family to provide for, it's essential to make sure you do everything you can to plan for the future. Not only is it important to have the necessities like food, clothing and shelter, but it's also best to create a life that you all can enjoy. 

Whether you'd like to go on a family vacation, out to the movies or make an investment, it's good to have the financial freedom to do so. In order to make it happen, you'll want to have a budget in place. 

In addition to a budget, there are ways you can create wiggle room so that your family can achieve the financial freedom you desire.

Use coupons

Get creative about the ways you create more room in your budget. Grocery shopping for a family is completely different from grocery shopping for yourself. You'll spend a lot more money. In order to keep costs low, it's good to shop in bulk. 

However, it's also great to use coupons. Now, there are tons of coupon apps you can download in order to get the discounts you desire. When you're shopping online, it's a good idea to download various widgets and apps that'll feature different discounts before you purchase the items in your online shopping cart.

Create passive streams of income

Passive streams of income are essential in order to build wealth. If you don't have various vehicles set in place, it's time to start building them. If you're an excellent writer, consider writing a series of eBooks. 




Upload them to the sites of major book retailers, and promote them consistently in order to earn money. Invest in the stock market or in the foreign exchange market.

Readjust your bills

Reconsider your cable bill. Get rid of a few of the luxurious amenities for a little while. If you're in a bind and you're a homeowner, you might want to consider shifting the interest rate on your mortgage loan by switching to a home equity loan. In some cases, this can be a really helpful move to allow you some breathing room.

DIY

Do your own manicures and pedicures. Style the children's hair yourself. Cut your own grass. There are certain tasks you can do on your own as they will help you refocus that money into more lucrative investments.

As you work hard to turn this goal into reality for your family, you might get discouraged along the way. There will probably times when you'll lose motivation, and feel compelled to give up. 

However, think about the fact that you're working for more than just yourself. You're working in order to help your family experience a better future. When you're able to keep things in perspective, it'll be easier to continue on the journey to financial freedom.

Adjusting to Life After Retirement

Retirement (Photo credit: Tax Credits)

You reach over to turn off your alarm and reluctantly drag yourself out of bed, only to realize that you didn’t need to wake up at an ungodly hour anymore just to get to work. Retired. Maybe the word hasn’t sunk in yet. Maybe you need time to adjust to the changes that come with retirement, like turning off your alarm clock on a permanent basis. While the alarm clock is just a trivial matter, there are other more important things you need to remember during the transition into retirement. 

Money isn’t Limitless

People often think that when they retire, they can do whatever and that includes throwing money around and splurging on a brand new sports car. Living life to the fullest doesn’t mean living it recklessly. Just because you’re retired, doesn’t mean you have an endless supply of money to burn. Yes, you may have money saved up for retirement, but if you spend it like there is no tomorrow, you just might find yourself living on a hand-to-mouth existence, worse off than when you had a job. Make sure you spend your money wisely so you can live comfortably till then end of your days. 

Investment is a Good Idea

Since you are no longer employed, you will have to rely on your pension to get by. Live life fully but remember to live within your budget. If you need a little extra, you can supplement your funds by investing in ventures that will help you earn passive income. You can look at some common options for investments and choose from them. If you are looking for something else, there is a wide variety of choices available if you search through the internet. You can also purchase a franchise if you like but it can be costly so the better option would be starting your own business and start small.

It’s Never Too Late to Start a Hobby

If you were once a workaholic, facing retirement is going to be a challenge. With little or nothing to do but relax, you might find yourself dying of boredom in no time at all. To keep busy, why don’t you get a new hobby? Plant an organic garden or learn to play golf. If you used to love writing but eschewed it in favor of corporate success, now would be a good time to pick up a pen and start writing that novel you have been dreaming about since forever. If you’re good enough, you just might find a way to turn this hobby into a money-making venture. 

Life is Unpredictable

You never know what tomorrow brings. That is why you need to make sure you are prepared for whatever circumstances that may come your way. This includes preparing legal documents like living wills, health proxies and powers of attorney. Dying is something we don’t like to think about but it is inevitable and most times, it comes when you least expect it, too. It’s better to be prepared than to leave your heirs battling over who will inherit all because a will was never made. You will need to consult an attorney for this but if you’re worried about high fees, there are prepaid legal plans available that have an affordable monthly fee, where you can still enjoy a wide range of benefits. Make sure your finances are protected and that your family’s future will be ensured even when you are no longer around.

About the Author: 

Based in San Diego California, Tiffany Matthews is a professional writer with over 5 years of professional writing experience.. She believes in the importance of saving up for retirement, even if it’s still a long way off. Tiffany also blogs about travel, fashion, and anything under the sun at wordbaristas.com, a group blog that she shares with her good friends. In her free time, she likes to travel, read fantasy books, and watch movies. You can find her on Twitter as @TiffyCat87.

Childcare – An Expertise Work at Home Moms Can Use To Earn Online

Family Child Care (Photo credit: heraldpost)

One of the most favorite topics for parents of newly born babies is … anything related to parenting or child care, and knowing that every second, three to four babies are born, we can be sure that there will be no shortage of people looking for all sorts of advice and information online. Not to forget the child care industry that employees millions of workers. Looking at all these statistics and people who will be seeking information related to childcare, all mothers have an expertise or experience by default that can help them earn some part time income without leaving their homes, simply by researching and writing on the topics related to childcare. 

And the best part is, you will keep learning new things and getting useful information while writing on these topics. Following are five practical ways to earn while writing on these topics … 

Write for sites like eHow or About.com:

If you have good writing skills, then you can apply as a freelance writer at the sites like eHow or About.com. You will have to hone your writing skills a bit, but if you can get selected for a site like about.com, then the pay is well worth your time and efforts. Even if you can’t find a job at these high paying websites, you can turn towards any of those revenue sharing websites. All you need is to choose your topics cleverly and every now and then, some of your article will go on to become a continuous source of passive income for a long time to come. 

Write for childcare or babysitting websites:

There are many websites that cater childcare or babysitting industries like sittercity.com or care.com. Knowing that the content is becoming of paramount importance for any website, you can get in touch with these websites and offer your services as a content writer. You might need to have some writing samples, preferably some published ones, but you can arrange some by writing a couple of articles for article directories, or even better, at a blog as a guest blogger.Then you can proceed to use these posts as samples while getting in touch with established blogs or websites discussing the topics like family, childcare, parenthood, babysitting, and offer your writing services. 

Start your own blog:

As earlier suggested, there is no shortage of people who are expecting a baby, or they've just had a baby, and they are all ears for any kind of advice or information related to feeding, clothing, caring, educating, or looking after their kids in general. And these parents will always listen to some help coming directly from a parent who has “been there and done that”. The best part about blogging is, you don’t need to do extensive research, and all you need is to simply share your own experiences, or recommend some good products or solutions, which have helped you in one way or another. Once you have established a community of parents or moms, you can start earn by placing ads, or affiliate links on your blog. 

Publish an E-book:

Writing and earning from an e-book is a route that very few writers take, yet it is one of the most profitable ones. The idea is to choose a niche, which is in demand, and caters a specific problem instead of being too broad, and then write an e-book with the possible solutions. You can search for many different platforms where you can promote your e-book. An e-book can create a stream of passive income, and who knows your e-book can turn out to be a big success and you might be able to land yourself a real book writing deal with a publisher. 

Try Freelance Writing Jobs:

You can search at freelance jobs portals like elance.com or odesk.com with keywords like childcare, baby care, parenting, babysitting, and the likes. You will find many start-ups that will be looking for writers. Once you've formed good relationship with some of your clients, you might be able to get better work from home jobs like social media manager and the likes.

Bio: Misheal Rome shares promotion code for care.com and sittercity code for babysitters looking to sign up with the childcare sites like sittercity or care.com. And that’s not all, at her website you will also find a lot of tips and reviews for products and services which are useful for work at home moms.

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A Complete Guide to Earning Extra Money for Retirement

Many people worry about their retirement and they start planning ways to earn extra money. Such attempts should ideally begin in one’s 30s and 40s.

Numerous ways can be used to earn some extra money for retirement. All of the strategies will demand some preliminary planning and research. Some require constant involvement and monitoring while others result in passive income that will be obtainable on a regular basis. Choosing the one that is right for you depend on your skills and your retirement needs.

Investment in Property

Investment in property is one of the oldest and most efficient ways to save some money for your retirement.

The trick towards gaining money this way understands the property market, finding a lucrative idea and selling it at a higher price than the original one. The real estate market tends to experience peaks and falls and you will have to choose the property to buy very carefully.

Consulting a real estate agent is the best way to approach the issue, in case you lack an idea about the market. 

Make Money Online

Internet provides diversified income generation opportunities. Some of the best ways to make money online include:

• - article and content writing
• - setting up your own blog or website
• - affiliate marketing
• - selling items on online shopping portals
• - building an online consultancy business
• - searching for online investment opportunities

When you decide to benefit from the final option, it would be very important to study, to understand the investment options and to avoid Ponzi schemes. Forensic accountants can help you understand such opportunities and stay away from scams. Otherwise, you risk losing a lot of money and starting an investigation that will cost you both time and money.

A Ponzi scheme is the most common online scam. In this case, a pyramid structure is created. Investors at the top of the pyramid make an income from the contributions of the next levels of investors. When you enter such a scheme, you will probably have to invest some funds but you will never see the returns.

Monetizing Favorite Hobbies and Activities

Even if you have no idea how to invest money and how to increase the initial funds you entered in a particular activity, fund or investment portfolio, you can still make some great money for retirement.

Monetizing your hobbies is possible during your younger and your retirement years, as well. This means launching your own home-based business and selling handcrafted items. Here are several great ideas for monetizing the activities you enjoy the most:

• - Selling handmade greeting cards
• - Launching your own cooking newsletter or recipe website
• - Starting a home-based baking business
• - Selling art pieces
• - Selling photographs or photographing events

Passive Income Ideas

The best ideas for extra retirement money involve passive income generation. As the name suggests, you will need to do some preliminary work and just collect money once everything gets established.

The easiest way to guarantee steady passive income is property rental. This is why you should consider an investment in real estate. Even if you refrain from selling a home or an apartment, you can make money from it on a monthly basis.

Passive income generation is also possible through your website. Participating in affiliate programs and selling products through your website will guarantee you some income, especially if your website is popular. You will either make money each time someone clicks on an ad or you will earn a percentage of each sale that resulted from a referral from your website.

Writing an eBook and selling it through a popular online store is another great way to earn passive income for your retirement.

Be careful, study opportunities and avoid schemes when trying to gain and save money for your retirement. Avoid easy but questionable opportunities. You can earn a great retirement income; just take some time to do your homework in advance. 

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