How to Start a Bitcoin IRA – Choosing a Suitable IRA Type

Lots of people now want to start a Bitcoin IRA because of the tremendous increase in value that cryptocurrencies experienced during 2017. Doing so, as most financial experts agree, is actually a very good idea. After all, diversification is key to a strong investment portfolio. That being said, it is important that you know what you’re doing and that starts with picking the right type of IRA.

How to Start a Bitcoin IRA

The IRS has not explicitly forbidden investing in cryptocurrencies as part of individual retirement accounts (IRAs). In fact, the only things they do explicitly prohibit are collectables and life insurance. However, just because something is allowed doesn’t mean every custodian or IRA provider also offers it. That is because most IRA providers offer “captive accounts” only, which means they have a set of asset classes on offer that you can choose from, and you cannot … Read the rest

What to Look for When Buying a Commercial Building

A commercial building can be an attractive investment for anyone who wants long-term returns. As a general rule, commercial tenants tend to stay in their locations for several years at a time. Therefore, you don’t have to worry about vacancies or not collecting rent checks on a regular basis. However, there are issues to consider when selecting the commercial property that meets your needs.

Is the Building Currently Occupied?

Just like you want to buy a house that has paying tenants, buying a commercial building that is already occupied is ideal. This is because you will start earning a return on your investment immediately. It may also be possible to renegotiate the terms of the lease if you think that you can get more money.

In many cases, corporate tenants can justify paying more per month, and this may be especially true if they were paying a below-market rate in … Read the rest