Individuals & Families

Individuals & Families

The heart of our practice is helping individuals and families understand real estate and how to integrate it into wealth management strategies.  Buying and owning a home can have a range of financial and tax benefits that, if planned for correctly, can greatly enhance your net worth and financial position, as well as provide you with stability and a sense of pride.  There are also a number of implications that you and your wealth management advisors should be aware of when considering what to buy and how to buy it.

The heart of our practice is helping individuals and families understand real estate and how to integrate it into wealth management strategies. 

Buying and owning a home can have a range of financial and tax benefits that, if planned for correctly, can greatly enhance your net worth and financial position, as well as provide you with stability and a sense of pride. 

There are also a number of implications that you and your wealth management advisors should be aware of when considering what to buy and how to buy it.

Here are a few things we can help you consider…

Here are a few things we can help you consider…

Asset Potential

As with any asset, it is important to be aware of the many factors that may impact a property’s value as part of your overall wealth.  We help you understand how an asset’s liquidity, appreciation potential, income, tax implications, opportunity cost and your ability to use leverage, interact with your other investments and help you accomplish your goals.

Capital Gains Taxes

When real estate is sold for a profit, capital gains taxes may apply. Depending on the length of time you held the property and other factors, the burden can be significant.  We can help you understand and minimize your capital gains tax liability through strategies like direct exchanges and other tax planning techniques.

Diversification

One of the key factors of any portfolio is how the investments interact with one another.  By incorporating assets such as your real estate holdings along with stocks, bonds, and funds, we can get a clearer picture of the various strengths and weaknesses of your holdings.  We use this information to implement best practices to create your individualized plan and help you ensure that you have an appropriate blend of assets.  

State & Local Taxes

Real estate can be subject to a range of state and local taxes, including property taxes, transfer taxes, and income taxes. Our team will work with your CPA to provide guidance on state and local tax issues related to your property ownership and sale, helping you minimize your overall tax liability.

Opportunity Cost

As with any purchase, it is important to understand what you are buying and what you are potentially giving up.  When looking at real estate it is especially important to consider the alternatives, and the strengths and weaknesses of each path.  Whether you are comparing the risks and benefits of renting vs owning, buying one property over another, or even how down payment and monthly payment could impact your wealth or cash flow, we can help you work through the questions.

Estate & Gift Taxes

Real estate holdings can be subject to estate and gift taxes, which can have significant implications for you and your heirs. Our wealth management firm will work with your legal and tax professionals to provide estate planning guidance that considers your home and other real estate along with your other holdings, helping you maximize your estate and gifting and ensure a smooth transfer of assets to future generations.

Asset Potential

As with any asset, it is important to be aware of the many factors that may impact a property’s value as part of your overall wealth.  We help you understand how an asset’s liquidity, appreciation potential, income, tax implications, opportunity cost and your ability to use leverage, interact with your other investments and help you accomplish your goals.

Capital Gains Taxes

When real estate is sold for a profit, capital gains taxes may apply. Depending on the length of time you held the property and other factors, the burden can be significant.  We can help you understand and minimize your capital gains tax liability through strategies like direct exchanges and other tax planning techniques.

Diversification

One of the key factors of any portfolio is how the investments interact with one another.  By incorporating assets such as your real estate holdings along with stocks, bonds, and funds, we can get a clearer picture of the various strengths and weaknesses of your holdings.  We use this information to implement best practices to create your individualized plan and help you ensure that you have an appropriate blend of assets.  

State & Local Taxes

Real estate can be subject to a range of state and local taxes, including property taxes, transfer taxes, and income taxes. Our team will work with your CPA to provide guidance on state and local tax issues related to your property ownership and sale, helping you minimize your overall tax liability.

Opportunity Cost

Like any purchase, it is important to understand what you are buying and what you are potentially giving up.  When looking at real estate it is especially important to consider the alternatives, and the strengths and weaknesses of each path.  Whether you are comparing the risks and benefits of renting vs owning, buying one property over another, or even how down payment and monthly payment could impact your wealth or cash flow, we can help you work through the questions.

Estate & Gift Taxes

Real estate holdings can be subject to estate and gift taxes, which can have significant implications for you and your heirs. Our wealth management firm will work with your legal and tax professionals to provide estate planning guidance that considers your home and other real estate along with your other holdings, helping you maximize your estate and gifting and ensure a smooth transfer of assets to future generations.

You can lean on our specialized experience in real estate, helping you increase your purchasing power, minimize tax liability, and optimize your overall financial planning strategy.

Have Questions? We're Here to Help.

Our calls are always relaxed and pressure-free.

Wealth Management or Real Estate Consulting.

Our calls are always relaxed and pressure-free.