by Searcy Financial | Mar 6, 2024 | Planning for the Family
By Marc C. Shaffer I recently embarked on a journey to purchase a new vehicle, and the new method I tried was a game-changer. Instead of going the traditional dealership route, I utilized a refreshing new approach with Your Car Dog, a car buying agent recommended by a...
by Searcy Financial | Mar 4, 2024 | Investments
Many people often have outsized positions due to appreciation and large pre-tax retirement accounts. You may be looking to reduce portfolio risk and protect gains now, while also aiming to reduce your future income tax burden. Roth conversions and harvesting capital...
by Searcy Financial | Jan 25, 2024 | Investments
By Marc C. Shaffer A triple tax-advantaged account that many overlook, a Health Savings Account (HSA) is an account for individuals with high deductibles to set aside money on a pre-tax basis to cover qualified medical expenses. If you are able to cover most medical...
by Searcy Financial | Jan 25, 2024 | Financial Planning
Many people like rental income because it seems passive and simple, until it isn’t so passive … or simple! Using this checklist you may better understand the challenges and nuances that exist with owning a rental property. Whether it’s landlord responsibilities and...
by Searcy Financial | Jan 25, 2024 | Financial Planning
For many, the prospect of turning their property into a source of rental income is very exciting. However, that excitement can turn to confusion when it comes to taxes. This flowchart can help you have a better understanding of how taxes play a role in renting out...
