Question: I’m looking for a financial advisor who’s not looking to just sell me some annuities or equities. I have five properties; three are not producing as they should because they’re in a tough location, so I’m looking to see if liquidating them would provide a better retirement than being a landlord. I’m 66, not yet collecting Social Security, which will be fairly low as I took losses for several years as I renovated these properties and kept experiencing vacancies due to eviction. Two of the properties however are in the Boston area and are just condos but they would provide good basic income. One problem I have is being able to finance a place for myself to live once I liquidate the other properties. What should I do? (Looking for a new financial adviser too? This tool can help match you with an adviser who might meet your needs.)

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For those filing a tax return for the first time, the key to creating a successful tax plan is gathering as much information as possible, including all relevant personal tax documents and the resources to put the return together mistake-free. For more information on filing, check out the article below by Daniel Forbes CFP® featured by the CFP® Board on the blog Let’s Make A Plan.

https://www.letsmakeaplan.org/financial-topics/articles/tax-planning/first-time-filing-taxes-how-to-create-a-successful-tax-plan

Now is the perfect time to review several opportunities to potentially reduce taxable income for tax year 2020.

The pre- and peri-pandemic environments are triggering market movement and tax planning opportunities in 2020.

The CFP recently asked Dan to contribute to an article about personal finance. Read it here:

https://www.cfp.net/knowledge/industry-insights/2020/06/personal-finance-myths-according-to-cfp-professionals-and-how-to-protect-your-clients

Financial planners are investing in FinTech, or financial technologies, to stay on top of real-time data and the changing communication space. Dan was recently asked by Investor's Business Daily to contribute to an article on the topic. 

https://www.investors.com/financial-advisors/financial-technology-five-ways-can-help-your-firm/

 https://www.letsmakeaplan.org/blog/view/lets-make-a-plan-blogs/strategies-to-make-the-most-of-your-financial-planner-relationship