Real Estate inside an IRA goes wrong. Don’t let it happen to you

Brian Fricke, CFP®IRA, Taxes

You’ve probably been told that IRAs are allowed to hold real estate as an investment. But IRA custodians like Schwab, Fidelity and TD Ameritrade aren’t required to let you include real estate in your IRA account. A taxpayer – not one of our clients – learned this lesson the hard way. Here’s what happened.

Time to fire your financial advisor?

Brian Fricke, CFP®Financial Planning, Retirement Planning

As you’re reviewing your investment results from the previous year, you might be wondering if you should fire your advisor. Even great investment returns don’t mean your advisor has delivered enough value to justify keeping them on the payroll. Here are 4 questions to ask yourself to help you decide if it’s time to fire your advisor.