For most people who are home buyers, it is the largest financial decision they'll ever make.

So they'll spend a lot of time figuring out how to make an extra half a percent on a fund,

but they won't think about the fact that a wrong decision in the way that they buyers sell their home

can have a much more significant impact on their finances.

That's Alex Goldstein, author of No Nonsense Real Estate.

Today on Your Money, Your Wealth, he tells Joe and Big Al about seven mistakes that new

real estate investors make.

The fellas also discussed three ways to sell your real estate, Social Security taxation,

and seven Social Security mistakes to avoid.

They'll also take a look at who pays for

weddings these days and they'll throw in a little Trump tax reform as well. Now here are Joe Anderson

CFP and Big Al Kloffine's CPA. There is speculation still, Al, if Mr. Trump, President Trump,

can get this tax reform through.

And as we've talked about it over the last several weeks of some of the changes on his

one sheet of paper of proposals.

The new tax law, one sheet.

That's very simple.

Where there's cause and effect.

So there's lower and effect. Right.

So there's lower tax rates, and so how do you fund that?

I mean, if our country was flushed with money, you might say, all right, we can lower the rates, but we're not. Of course, the thought is if you lower tax rates, then companies are going to have more profits.

Individuals are going to have more profits.

...