Among their many plans for the new year, some may be hoping to purchase property, typically either a residence or a commercial investment. Each year brings new factors to consider when making what is often the largest single purchase of a lifetime, including the economic climate and cultural shifts. In examining the trends, real estate analysts have come up with some strategies that may be useful for those in Louisiana who may be in the market for a home or investment.
Tips for successful real estate investment
Would-be investors often look to real estate because of its dependability. Besides providing some control over one's investment, it often provides a steady passive income. However, as with any investment, success depends on many factors. How to buy in the right place at the right time is not always easy to know. Nevertheless, some successful investors offer tips for savvy real estate investing.
Employers: Don’t find yourself guilty of wage theft
Employers who may want to save a few dollars by shorting employees out of tips, calling employees contractors instead of employees, or making employees work through their breaks may face the same judicial repercussions as several businesses nationwide.
Looking into entity type changes at year’s end
The end of the year is fast approaching. This can be a good time for small business owners to take a detailed look into what the current state of their company is and how the year has gone. Such a review can help inform a business owner on what changes he or she may want to start making regarding his or her company as the new year approaches.
