Is your asset active or inactive?

An active asset generates revenue, such as my client’s Airbnb property. Conversely, an inactive asset does not generate income and may even incur expenses, like another client’s property that had remained unoccupied for over two years.

While an inactive asset may appear favorable on a net worth statement, it can cost money in utilities and property taxes and create stress about what to do with it.

This distinction is not a judgment call but rather a practical consideration.

I help my clients understand and navigate the often-emotional decisions involved in all aspects of their financial lives. If you believe you could benefit from guidance, let’s have a conversation to determine if working together makes sense for you. Contact Us