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Oil above $80 a barrel. Gas near $4 a gallon nationwide, and above $6 in parts of California. The Strait of Hormuz — roughly 20% of the world’s oil supply — contested and largely closed since March. Moody’s recession model sitting at 49%. Mortgage rates back above 6%.
If your instinct right now is to freeze and wait for the smoke to clear, my new article in Kiplinger argues that’s exactly the wrong move. Inflation erodes the value of what you owe while increasing the value of what you own.
Inside, I walk through three investors facing this same market: a 58-year-old Houston landlord with a strip center she’s been afraid to sell, a software executive staring at a six-figure tax bill on $2 million in vested stock, and a couple at 67 who are simply done with tenants. Each one has a different move — a 1031 exchange into Delaware Statutory Trusts, a Qualified Opportunity Fund, or both together.
I also explain why timing matters more than usual: the December 31, 2026 Opportunity Zone deadline, and 100% bonus depreciation now permanent.