Contents by Elsie Dudukovich

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Can a Non-Working Spouse Have an IRA?

By Elsie Dudukovich0 Comments
Some people decide to open joint checking, savings, and credit accounts after they get married.  While it is not possible to have a “joint” retirement account, it is possible for a non-working spouse to open an IRA.  Read More

Could Your IRA Investments be Taxed?

By Elsie Dudukovich0 Comments
Unrelated Business Income Tax (UBIT) is possible if your IRA is invested in a Limited Partnership (LP), Limited Liability Company (LLC), or any investment that takes on debt financing and/or is involved in an unrelated business. Learn more with Equity Trust’s UBIT educational resources.    Read More

What Would You Do with $3,000?

By Elsie Dudukovich0 Comments
According to the IRS, the average 2015 federal income tax refund was $3,120. Regardless of the amount you’re receiving, there is a lot you can do to make lasting use of the funds.  
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Are Your Retirement Savings Prepared for the New Economy?

By Elsie Dudukovich0 Comments
Economic trends show an increase in freelancers, consultants, and entrepreneurs as the new standard for employment – a move away from the relatively stable, long term position.  IRA savings follow you – not your position- and rely on you to maximize possible opportunities.    Read More

Are you Required to Take a Distribution?

By Elsie Dudukovich1 Comments
Before you know it, the deadline will be here for those who need to take a required minimum distribution (RMD) from their retirement accounts. Find out if you’re due to take one and what could happen if you don’t.  
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Tax Credits Versus Tax Deductions

By Elsie Dudukovich0 Comments
While tax deductions and tax credits reduce an individual’s income tax liability, it’s important to not think of these terms interchangeably. They affect income tax liability in different ways and come with their own requirements.   Read More

Investment Basics: Real Estate Options

By Elsie Dudukovich0 Comments
There are many different ways to invest in real estate.  In this segment of Investment Basics, we’ll take a look at investing in real estate options, which can be more attractive to those who don’t have a lot of capital to invest.    Read More

Investment Basics: Foreign Currency Trading

By Elsie Dudukovich0 Comments
One of the cornerstones of self-directed IRAs is nearly unlimited diversity.  In this segment of Investment Basics, we’ll take a look at investing in foreign currency (forex) trading, just one asset type you can hold in your self-directed IRA.  Read More

If You Only Have a 401(k), You Could Be Missing Out

By Elsie Dudukovich0 Comments
If your retirement planning experience is limited to participating in your company’s 401(k), you run the risk of missing out on increasing your retirement savings through business plans or tax diversification through actions such as a Roth conversion.      Read More

Self-Directed Investment Dress-Rehearsal

By Elsie Dudukovich0 Comments
If you’ve researched or completed a self-directed investment, you’ve likely heard of the Direction of Investment form. Here’s what you need to know about the form, as well as handy lists of supporting documents you’ll need for different types of investments, to get you ready for the real thing. Read More

How Your Gender Could Affect Your Negotiations

By Elsie Dudukovich0 Comments
Research suggests that women or people of either gender with certain facial features are more likely to face potentially damaging biases at the negotiation table. Here are some ideas for breaking free of the stereotype getting a fair deal. Read More

Gender Gap Found in Retirement Income Levels

By Elsie Dudukovich0 Comments
A recent CNNMoney article reveals Census data that shows many women’s retirement income level puts them near or below the poverty level and lower than men on average. Find out what factors could contribute to this gender gap. Read More

Oops, I Own a House…

By Elsie Dudukovich0 Comments
Occasionally, investors who buy property tax liens are left with the actual piece property when the delinquent taxes go unpaid. Equity Trust can help walk you through what comes next. Read More

UBIT: How to Figure Out if You Owe

By Elsie Dudukovich0 Comments
There are certain situations that cause investors to be responsible for an Unrelated Business Income Tax, or UBIT. Find out if it applies to you and what you need to do to square up with the IRS Read More

Bad Weather Brings Out the Worst in Some People

By Elsie Dudukovich0 Comments
When natural disasters strike, stories of ordinary people doing extraordinary things to help their neighbors in need come forward.  When things are at their worst, the best in some people rises up to meet the challenges a community faces during the long recovery. Sadly, as if death and loss were not enough of a tragedy, con artists and scammers come out of the woodwork, adding to the devastation in the lives of disaster victims. Read More

Where to Report Investment Fraud

By Elsie Dudukovich0 Comments
While the old adage is bad things happen to good people, being the victim of a fraud scam or a scheme is an upsetting experience.  In addition to the monetary loss, feeling angry, betrayed, sad or embarrassed can be enough to keep a victim from reporting the crime.  This reaction is often exactly what the rip-off master and con artist want and Equity Trust Company knows breaking the silence helps keep others from being fraud victims. Read More

Common Scams & Schemes

By Elsie Dudukovich0 Comments
As an investor, you do your best to be on your toes and watch out for schemers and scammers.  Being aware of the types of fraud specifically designed to target investors is one component of being a wise investor. Read More

Identifying Scams: Questions to Ask

By Elsie Dudukovich0 Comments
There’s a line between a good investment and a too good to be true investment.  One can say due diligence, or the lack of, is one of the main things that determines what side of the line an investment falls on. Read More

New Scam & Fraud Knowledge Center

By Elsie Dudukovich0 Comments
Equity Trust Company knows fraud, scams, and schemes are possible pitfalls that can trap investors.  Our mission is to help investors make tax-free profits through education, innovation, and a commitment to understanding their individual needs. In this spirit, we’ve developed a new scam & fraud knowledge center to give our clients a head start on how to identify scams and fraudulent investments, perform due diligence, and what resources to reach out to if you have a fraud complaint. Read More

Save Time, Money and Headaches with Proper Due Diligence In Real Estate Investing

By Elsie Dudukovich0 Comments
Today’s market offers abundant opportunities for lucrative self-directed real estate investments, yet some are still too intimidated to jump in. The fear of complex deals, circumstances going bad and the possibility of losing money can be a big deterrent. Fortunately, there are resources and education for investors “pre-deal” that can ease concerns and can help ensure each deal completes smoothly. Read More