bspenn

Is there a Benefit to Rolling a Property in a Traditional IRA to a Roth IRA? You Bet There Is!!

I left Boeing after 10 years and took my retirement as a lump sum payout. I had to move it into a traditional IRA. I then used that money to purchase a single-family house with that traditional IRA money. I received a significantly better return from the rental property than I would have had I

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The Chinese Housing Market One Year Later – It’s Much Worse*

What happens when the world’s #2 economy collapses? It’s been like a slow-motion train wreck. So, let’s look at it now. As mentioned in last year’s blog, the collapse of the Chinese housing development market is colossal. Last year on Feb 4, 2024, I posted that creditors were given the green light to start selling

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Possible Recovery in the Front Range Housing Markets but the DOW just dropped 1000 points!!

Current Status of Front Range Cities Denver, Colorado Springs, and Pueblo This page is a snapshot of the state of the real estate market from Colorado Springs, Denver area, and Pueblo. Shown below are three graphs of the status of each of these markets (Figure 1.) As I’m most interested in the Front Range of

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Evergrande: Finally, Liquidators Given the Green Light

Last week a Hong Kong court ordered liquidators to sell the assets of the defunct property developer, China Evergrande Group.  Since 2021, Evergrande was reportedly trying to restructure it’s $300 Billion debt.  The judge in the case, Linda Chan, said Evergrande was not negotiating in good faith and the charade should end. Ever since the

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