Dear Gary,
I read your article on financial advisors, and was wondering what your thoughts were for someone who wanted to invest in a few mutual funds and didn’t have enough business to excite most financial advisors but still felt uncomfortable doing it solo.
Anita

Anita asks a good question. Most of us don’t have large amounts of money to invest which limits our attractiveness to financial planners. And with investments becoming more complicated it’s harder for the average guy to know what to do.

Do I understand the nature of tax advice?

What follows is not tax advice. It is simply an overview of some of the federal tax rules affecting real estate investment property. It covers some tax breaks that may be available. Do not rely on this material. For tax advice you need to consult with a tax professional, such as an accountant or tax attorney.

Do I understand profit and loss from a tax perspective?