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Journal Club 04-14-23 – Passive Income MD

Here’s Journal Club 04-14-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well!


  • More often than not, the problem with owing to a significant amount in taxes could be your under-optimized way of living. You may try different techniques to lower your tax bill but not all strategies are created equal. To help you make a wise decision, The White Coat Investor shares what NOT to do to reduce your taxes in the article – The 15 Worst
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Homebuilder sentiment rises for the fourth-straight month as housing steadies [Video]

Confidence among US single-family homebuilders rose in April, the fourth-straight month this measure has increased as declining mortgage rates and low inventory bolster demand for new homes.

The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment rose one point to 45 according to figures released Monday, matching Wall Street expectations.

This measure still reflects general caution among builders as we head into the heart of housing’s spring selling season. Readings under 50 for this index show a larger proportion of builders responding to the survey see conditions as “poor” than those who see conditions in the market as

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Selling a House Without a Realtor? Here’s Tips for Success

A house for sale

Source: Getty Images

If you need to sell your house, you might want to skip hiring a realtor and save money. Here are tips for selling a house without a realtor.

By Anya Binx

Mar. 29 2023, Published 4:43 pm ET

Selling a house can be scary. Selling a house without a realtor can be even more intimidating. When it comes time to move and you’re ready to sell and have decided to forego using a realtor, there may be a few questions about the process. Where do you begin? How do you know you’re getting the best deal?

Article

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Hoping to save a long-neglected Black burial ground in Northeast Philly

The Byberry Township African American Burial Ground has no tombstones, grave markers, or signs of any kind. Title searchers have been unable to locate a dead to the property.

But Deborah Gary knows where the tiny cemetery was and still is.

“It’s disturbing to know it’s here,” she said, pausing at a weedy tangle of woods between Benjamin Rush State Park and the back of a National Archives facility in Northeast Philadelphia.

“After I saw it for the first time in April of last year, I let our group know this is something we should take on and try to

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California man turns the tables on home squatters

A Nevada handyman turned the tables on squatters who invaded his mother’s California home, after local officials said they could offer no assistance getting them out.

Flash Shelton, executive director of the Las Vegas-based United Handyman Association, said in a YouTube video that the trouble began after his father died and his mother could no longer live in the family home — which was then put up for rent.

A woman who identified herself as a prison guard reached out to Shelton looking to rent the Northern California house, but couldn’t offer any money or credit.

Shelton turned the woman

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4 things to do in Milwaukee this weekend, from Realtors Home & Garden Show to a Halfway to Oktoberfest party

You can think spring (and gardens) at the 97th annual Realtors Home &  Garden Show March 24-April 2 at Wisconsin State Fair Park.

You can think spring (and gardens) at the 97th annual Realtors Home & Garden Show March 24-April 2 at Wisconsin State Fair Park.

1. Realtors Home & Garden Show at Wisconsin State Fair Park

The 97th annual Realtors Home & Garden Show returns to State Fair Park’s Wisconsin Exposition Center March 24 through April 2. More than 350 exhibitors will be on hand to talk (and show) home, lawn and garden improvement ideas. Show hours are 10 am to 8 pm March 24-25 and March 31-April 1; 10 am to 5 pm March 26 and April 2; and 4 to

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A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

Home for sale

FREDERIC J. BROWN / Contributor/Getty Images

  • Nadia Evangelou, senior economist for the National Association of Realtors, sees a rebound coming.

  • Easing inflation will bring mortgage rates down, and tight supplies will send prices higher.

  • In her view, the US will avoid both the recession and housing crash that others have forecasted.

While some experts have warned of an impending US housing crash, Nadia Evangelou, senior economist and director of research at the National Association of Realtors, anticipates the opposite.

Home prices and sales will dip this year, but she anticipates a rebound in 2024 with rising sales and limited supplies

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The Wall Street Journal tells us to weep for the plight of the very, very rich

Bryan Chan 805–653–7527 –– – Realtors Mauricio Umansky, right, and Lea Jett tour the $19.7–million home at 80 Beverly Park in the gated community of Beverly Park .  They are standing in the backyard.

Realtors Mauricio Umansky, right, and Lea Jett in the yards of a $19.7–million home in Beverly Park. Do you feel sorry for their lifestyle? (Los Angeles Times)

Coverage of the richest Americans in publications aimed at their tax bracket tend to fall into two genres.

One is claiming stories that income well into six figures doesn’t make them really “rich.” The other involves hand-wringing and whining about their (purportedly) ruinous tax bills.

An editorial last week in the (of course) Wall Street Journal may stand permanently, or at least until the end of recorded time, as the Platonic ideal of