John Lemos's (jplemos) Blog

What is a Roth IRA?A Roth IRA is a retirement account where (1) you invest your money after you've paid taxes on it, and (2) you can withdraw your money without paying taxes on the withdrawals. Traditional IRA Roth IRA Invest money before you pay taxes on it Invest money after you pay taxes on it...

Denver, Portland, San Francisco and Seattle all coming in at double digit year-over-year growth as of January 2016! 

Our self-image, that picture we hold of ourselves in our minds, is the platform from which all our actions flow. Each action, feeling, and behavior cannot help but be consistent with this image on our internal mirrors. To change our results, we must change the negative blueprint we have created ov...

A 1031 Exchange could allow you to defer the capital gains tax on the sale of investment property if you roll over all the sales proceeds into a new investment property. Here's how it works:           The buyer of the investment property that you're selling gives his/her funds to a "qualified int...

Some real estate agents believe that they must give out three different names when referring a mortgage lender.  This is not true.  Here's why: No RESPA ViolationThere was an old rule in the Real Estate Settlement Procedures Act (RESPA) that allowed real estate agents to earn a separate fee from ...

What do Hillary Clinton and Marco Rubio have in common?  As it turns out, both of these presidential candidates have recently come out in favor of large-scale reforms to college funding in the US.Highlights of the Clinton Plan include full government funding of community colleges, and capping the...

Top paying college majors earn a whopping $3.4 million dollars more than the lowest paying majors according to recent stats released by Georgetown University.  Among the winners are college degrees in STEM (science, technology, engineering, and mathematics), health, and business.  These degrees h...