Range

🇺🇸 U.S. stock markets will be open on July 3, but will close early, at 1 p.m. ET. Bond markets will shut down at 2 p.m. And both will be closed on the 4th of July. 🇺🇸

ISOs and NSOs are two types of stock options. Based on specific criteria set by the IRS, stock options can be classified as either qualified (Incentive Stock Options, or ISOs) or non-qualified (Non-Qualified Stock Options, or NSOs). There are some important differences to be aware of, which we cover in our latest blog post: https://lnkd.in/e4jxe53r How you handle your options can have serious tax implications. So if you’re dealing with either type and have questions, reach out to Range and our qualified equity experts can help.

This is a really important question. And many people can't answer it. At Range, the answer is simple. We offer 0% AUM. We believe in straightforward and transparent pricing—which is why we charge a flat annual fee and we don't require you to have us manage ANY of your money (no minimums). Of course, if you choose to do so, 0% AUM is not bad. We're here to change the industry. And the antiquated, often deceptive pricing model is a good place to start. See what your advisor might be costing you in the long run with our Advisor Cost Calculator: https://lnkd.in/dArzi_n4 #financialadvisor #wealthtech #disruptor #range #WealthManagement #FinancialAdvice #rangefinance #investing #buildwealth #finance #financialliteracy #financialeducation #aum Disclaimer: This content is for informational purposes only and may not be relied on in any manner as legal, tax, regulatory, or investment advice. Range Finance, Inc. does not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future events. Range Finance, Inc. is an SEC registered investment adviser. Range Finance, Inc. pricing and additional information can be found at http://www.range.com.

Reminder: Q2 quarterly estimated tax payments are due on June 17, 2024 (Monday). If you plan to make a second-quarter estimated tax payment to the IRS or any state taxing authority, the deadline is Monday, June 17th. You can make your estimated tax payments online by visiting the IRS website, from your mobile device using the IRS2Go app, or with Form 1040-ES by mail. https://lnkd.in/edWTJG4 You may be required to make estimated tax payments if: - You have significant net self-employment income or net rental income - You have substantial taxable investment income outside of formal employment and/or retirement accounts - You routinely have a large balance due when you file your tax return (typically caused by under-withholding on bonus payments or RSUs, for example) You're welcome! #wealthtech #financialadvisor #disruptor #FinancialAdvice #rangefinance #taxtips Disclaimer: This content is for informational purposes only and may not be relied on in any manner as legal, tax, regulatory, or investment advice.

If you're exploring investing in income-generating properties, you might be wondering if the closing costs on an income property are tax-deductible. The straightforward answer is no, but there are a few things to consider, tax-wise. While the initial down payment isn't deductible, some of the costs associated with obtaining a your mortgage can be. These include things like: - Mortgage Interest (but not your principal payment). - Property Taxes, the portion of the year’s income taxes you pay post-purchase can be deducted. - Some Closing Costs, such as the amount paid for discount points. While these costs don’t offer the same offset as being able to write off the entire down payment, they’re still available to you. In addition, some of the other closing costs can be applied to the cost basis of your house, adding to the amount you can deduct from your rental property income each year. For more detail, and information on how this impacts depreciation, check out our blog entry. https://lnkd.in/eq62XFvy #wealthtech #realestate #range #buildwealth #investmentproperty #airbnb #1031exchange #financialliteracy Disclaimer: This content is for informational purposes only and may not be relied on in any manner as legal, tax, regulatory, or investment advice. Range makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future events. All investments involve a high degree of risk, including the possible loss of some or all of an investment.

If you have (or are thinking of starting) a small business, soon the Small Business Administration will be rolling out another tool to encourage growth and ease the some of the financial burden of operating. Currently, when a small business needs an operating line of credit or working capital, they're frequently turning to credit cards, whose median average interest rate for June 2024 is 24.62% APR. Yikes. The SBA’s new working capital lines will have an annual fee and maximum interest rates (based on the prime rate plus 3% to 6.5%) which would be roughly 12% to 15% today. Much better. As you're working on financial plans for your small business, make sure this is on your radar. #news #headlines #financialliteracy #finance #buildwealth #rangefinance #FinancialAdvice #range #disruptor #wealthtech #smallbusiness #sba #sidehustle Sources: https://lnkd.in/ePFC4ykb https://lnkd.in/dPmSs6Ta Disclaimer: This content is for informational purposes only and may not be relied on in any manner as legal, tax, regulatory, or investment advice. Range makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future events.

Term of the Week: Bubble When you hear people predicting that we’re in a housing bubble, or a tech bubble, while it sounds pleasant, if they’re right, it is not. Historically, you’ve likely heard of the “Tech Bubble” or “Real Estate Bubble”, because they’ve burst—with dire consequences. What is a bubble? In economics terms, a “bubble” occurs when there’s is a rapid rise in the value of an asset class, beyond the actual value of the assets. Prices are inflated by high demand, speculation and often irrational market behavior. Basically, the everyone is paying more for something than it's worth. Some common types of bubbles: - Real Estate Bubble (2008 housing market crisis) - Tech Bubble (the “dot-com” bubble in the late 90s) - Stock Market Bubble (1929 market crash) - Cryptocurrency Bubble (steep drops in value in 2018 and 2021) When the bubble bursts. The “bubble bursting” refers to a sudden and severe drop in asset prices, resulting in financial losses, economic recession, and market volatility. The results can be catastrophic. There is often a trigger that leads to this, and that could include: - Increased Interest Rates - Tightening Credit Conditions - Negative Economic News - Regulator Changes - Market Realization (the market suddenly realizes the error in value) Economic bubbles are a complex phenomena, and there is no perfect science to identifying the warning signs or the timing of if and when a bubble will burst. If you’re concerned about bubbles, talk to your Range advisor about how to mitigate the risk. #wealthtech #disruptor #range #WealthManagement #FinancialAdvice #rangefinance #stockmarket #investing #financialliteracy #financialeducation #bubbles Disclaimer: This content is for informational purposes only and may not be relied on in any manner as legal, tax, regulatory, or investment advice. Range makes no representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future events. All investments involve a high degree of risk, including the possible loss of some or all of an investment.

Ask away! With Range, you have 24/7 access to a team of advisors through our asynchronous messaging system. No need to set up a call or meeting. Ask questions whenever you want, from wherever you are. Get quality answers quickly. #financialadvisor #wealthtech #disruptor #range #WealthManagement #FinancialAdvice #rangefinance #buildwealth #financialeducation #testimonial #review #satisfiedcustomer

Thank you to all those who serve—and have served—our country. 🇺🇸 Enjoy the holiday. We'll be back at it tomorrow.

Don’t have time to read? Check out what our advisors are listening to while doing dishes or walking the dog. With topics like “Grocery prices, credit card debt, and your 401k” and “The real estate industry on trial,” Planet Money from NPR takes a look at the world around us, current events, and history to help understand how all of this might affect the economy, and ultimately your finances. Listen in under 30 minutes with your morning coffee or on your commute. https://lnkd.in/ehtw3yPb #wealthtech #disruptor #range #WealthManagement #FinancialAdvice #rangefinance #financialliteracy #financialeducation