Thinking of Going into Real Estate After Graduation? Here’s What to Consider

If you’re looking for a flexible source of income after graduation and have a viable property or enough saved up to make an investment, you may be thinking about starting a real estate business, or simply becoming a landlord on the side to boost your monthly income. This may sound straightforward, but there are plenty of things to consider before you make a start. This article contains a few handy tips to help you out in this new but potentially profitable venture into adulthood.

Look into Tax and Insurance

There’s quite a bit of red tape involved in real estate and property rental transactions. For example, if you’re thinking about being a landlord, you need the right insurance in place to ensure that your property and its residents are fully covered at all times, and you’ll also need to pay income tax. If you’re renovating and selling on a property that you’ve inherited, you’ll probably need to pay capital gains tax. However, some paperwork is immediately beneficial, too. 

For example, using your 1040A, you could apply for a student loan interest deduction that will enable you positively impact your taxes and to subtract up to $2,500 of the interest from your student loan from the taxable income you make from your real estate business. You need to have attended a qualifying college or university and your loan must have been disbursed within 90 days before the relevant academic period or after 90 days of it finishing. You won’t qualify if your modified adjusted gross income is over $85,000, but you can get a partial deduction if it’s between $70,000 and $85,000 and a full deduction if it’s less than $70,000.

Get the Word Out

You need to let the right people know about your business or the property that you have available. Get yourself listed on top real estate sites and ensure that everything you share about your venture online is properly SEO (search engine optimization) optimized to attract visitors. The inclusion of high-quality images and clear, attractive descriptions of your properties will help you to gain popularity.

Seek Support

Going into real estate is a big undertaking for a recent graduate. Don’t let yourself get too overwhelmed, if you run into any barriers or you find yourself feeling confused, seek advice and guidance. You may have contacts on social media or through your network of family and friends who may be able to give you a hand and explain things to you. The more knowledge you gain, the less likely you’ll be to fail.

Stay Secure

It’s highly recommended to look into a secondary source of income while you build your real estate business or get into the flow of being a landlord. After all, many new ventures fail or make a loss in their first few years, and relying entirely on this insecure means of money-making can have disastrous results. It may be best to get a salaried job and start your project on the side. You can gradually transfer focus as your work in property becomes more successful.



Make Your Home More Elegant with These Ideas

Make 2021 the year to give your home that je ne sais quois feel. French-style comprises a sophisticated elegance that is both profoundly personal and effortless to the eye. There's a sense of urban elegance in Parisian decor that is hard to represent in homes. There are two useful rules for a Parisian style home: do not be afraid to mix design styles; and if you desire, do not do outrageous things. These products that come in styles like mirrors, furniture, decorative accents, and chandeliers can help you reach your design goals.

French interior design is renowned for its casual and beautiful aesthetic appeal. Apply these tips to master the relaxed look for a stylish outcome.

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Blend the old with the new ideas

French-style interiors feature a combination of original pieces from various eras, design styles, and sources. You will be able to achieve this look by combining vintage merchandise with contemporary designs. Using a few key colors in harmony throughout the space, you can make the whole area a unity.

Excite and applaud architectural detail

While your accommodation might not have the intricate ceiling moldings and herringbone floors of a penthouse on the Seine, you are still able to use your surroundings to make a difference. Make the fireplace with a lovely mantel with vases, art pieces, or a rug highlighting the richness of your wood flooring. You will be able to make a positive impression by decorating your home with unique ornaments such as crown molding in the living room or wainscoting in the dining room. You can go for the rustic French look with terra-cotta tiles or herringbone brick.

Avoid gaudy and loud colors

Another part of French-style interiors has to do with their choice of palette. White color and neutral furnishings are predominant, with some complementary colors such as black or brown added to increase intensity. Look to use neutrals with muted tones, such as sage green, steely blue, or dusty rose, so the room looks relaxed but sophisticated. Apply several types of black on the walls to give a bit of dimension.

Add a touch of panache

All French-inspired homes need a little bit of class to be perfect. There are unique accessories such as a delicate crystal chandelier that can uplift a modest room to a prime state. Go with just one chic hat and one glamorous earring to this event to make it seem all kinds of glamorous without going extravagant.

Enjoy the miracle of aging

French-styled interiors can seem chaotic. France values the aging tones, authentic character, and rustic characteristics of the front door. Give your home a sense of history using antique items that have an attractive worn and ill-looked appearance.

Create a welcoming-feeling space

 This is a distinguishing feature of French interiors; they are not too organized or ordered. As far as you can balance the aesthetically pleasing decoration and clean, modern style to complete your home, that is all right. Don't just buy accessories in space, instead purchase various items with special meaning to you.

Don’t over decorate

Keep in mind not to layer accessories too heavily together as it may become too chaotic. French homes highlight calm and restrained elements in an inviting ambiance. It is essential to style a space with the right, French design furniture to be enticing and easy to read. Those antique pieces must look their best by offering smaller decorations instead of giant ornate decorations.

Introduce classy, fuss-free flowers

It is an essential aspect of welcoming the Parisian interior for a Chic space because it emphasizes incredible feeling in the room. You can group around a single kind of flower to get together your strength.

Bring some sparkle

Like Laguiole cutlery, crystal chandeliers are the ultimate collection and quality of handmade French. A romantic bedroom is the best, so try to set it up with beautiful roses and hints of color.

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Effortless elegance is part of the flair of French style. The French are proficient in mixing elegance and sophistication. French interior design integrates the old with the new, retains classic decor principles, and incorporates the homeowner's personality.

Plus ça change, plus c'est la même chose. This is an old saying in France that was proven to be true due to continuous changes in the nation. Trends may come and go, but human existence is more dependable since it goes back to the basics of existence.



How to Know if You Can Be Compensated for Emotional Distress

Personal injuries caused by traffic accidents, work-related incidents, or others often leave people with severe consequences. However, for most people, these consequences are physical. Getting compensated for the injuries you’ve suffered is fairly straightforward as long as your injuries are visible. But, what about those injuries that aren’t visible? Emotional distress is a very real thing, but it is extremely hard to prove in court. Here’s how to tell if you can get compensated for emotional distress. 

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Defining Emotional Distress

Personal injury accidents are traumatic. This applies to both severe accidents and those that leave temporary physical injuries. The psychological trauma of being injured can easily outlast the injury itself. People cope with traumatic events in different ways. Some can come to terms with their trauma, but some begin to suffer various side effects. These shouldn’t be discounted or ignored. Trouble sleeping, trouble focusing, constant worrying or fear, reliving the accident on a loop — these are all signs of emotional distress. Depending on the severity of symptoms, emotional distress could lead to all long term psychological effects. 

How Can you Prove Emotional Distress? 

Proving emotional distress has always been a touchy subject. There are plenty of those who still argue that emotional distress isn’t worth the compensation. Although a loud minority, the fact that such advocates exist is concerning considering the body of evidence that suggests they are wrong. 

That being said, proving emotional distress isn’t easy. For the most part, mounting an emotional distress claim comes down to witness testimonies and medical documentation. Typically, personal injury specialists often combine official medical findings with the testimony of your loved ones or people close to you. It is also not unheard of for you to be called as a witness. 

If you’ve noticed that you’re suffering from symptoms of emotional distress, it’s a good idea to start a log of every symptom you’re experiencing during the day. That log can later be used to solidify your claim. 

Do Previously Diagnosed Conditions Affect your Chances?

Overall, there is nothing preventing a person with a previously diagnosed mental condition from collecting emotional distress compensation. However, it is also true that a previous condition makes it a lot harder to prove that your emotional distress appeared as a consequence of your accident rather than your condition. The solution to this problem comes in the form of being vigilant when it comes to gathering proof. 

You and your lawyer should do your best to gather as much medical documentation as possible that would define your pre-existing condition. You can use said proof and call witnesses to prove that there is no correlation between your emotional distress and your pre-existing condition. It’s not going to be easy, but it is absolutely possible. 

Emotional Distress as the Only Form of Personal Injury 

A decent majority of emotional distress cases involve consequences caused by a physical injury. However, that is not always the case. It is widely accepted that emotional distress can appear in individuals who had no physical injuries of their own. Science has proven that simply witnessing an accident or a traumatic event can cause emotional distress. 

If you were to see someone get severely injured, or if you witnessed the loss of life, your experience could trigger various symptoms of emotional distress. The question that most such victims are trying to find answers to is whether they are entitled to compensation?

The answer isn’t as clear-cut as many would like it to be. An emotional distress claim requires the plaintiff to have suffered some sort of injury, whether that injury is physical or psychological. For example, let’s say you were walking down the road, and a piece of the facade fell inches from you, nearly killing you. Such an event wouldn’t constitute personal injury even if you have suffered emotional distress over it. 

Let’s take another example. You are a building inspector checking out the very same building from our previous example. You’ve noticed that the facade is about to collapse, and you report it to your bosses. Maybe the building belongs to someone who has power over your boss, and your boss decides to fire you instead of dealing with the issue. Any emotional distress suffered from being fired in this example could be used as the foundation for a claim. 

Get Good Lawyers 

At the end of the day, no matter how solid your case is, it won’t do you much good unless you have experienced injury lawyers by your side. Always hire specialized law firms who know the ins and outs of injury law.