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Keith,

I would like to buy a Nordhavn and cruise inland up the Alaska coast.

I would also try to charter the ship to help with taxes, etc. I have real estate — vacant land — and wonder if I could do a tax-free 1031 exchange — the land for the boat. I would use the boat as my primary residence, and would also charter it.

I enjoy reading of your adventures and financial information. Thanks for your help.

Mike

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Keith’s May 27 Radio Show from Chagrin Falls, Ohio

Posted by Keith on May 27, 2007 at 1:05 pm | Leave a Comment


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Keith,

For medical reason I had to have my father’s house deeded over to me. I have talked to two accountants who have told me 1) I have my father’s tax base and 2) I have a new tax base. What say you mate.

Bill

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It’s Vacation Time, Baby!

Posted by Keith on May 23, 2007 at 5:21 pm | Leave a Comment

How do you take a vacation from a perpetual vacation?

You fly from Majuro, The Marshall Islands, swing through Phoenix to pick up your family and head to Chagrin Falls, Ohio, for a high school and family reunion.

I’ll be back on the ship — in Pohnpei, Micronesia — June 2 their time, June 1 stateside.

We’ll broadcast the radio show live from Chagrin Falls this Sunday!

–Keith

Keith’s May 20 Radio Show from Majuro, The Marshall Islands

Posted by Keith on May 20, 2007 at 5:43 pm | 2 Comments

Segments 1-4: Keith Describes life on Majuro, The Marshall Islands
Segments 5-8: The Chrysler buyout — what we as investors should learn
Segments 9-11: Keith answers financial questions
Segment 12: Keith discusses Ben Stein’s comments about staying flexible in the American economy

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Photo Alert! New Photos in “The Real Majuro” Album!

Posted by Keith on May 20, 2007 at 9:56 am | 1 Comment

View the photos here

The Real Majuro, The Marshall Islands

Posted by Keith on May 16, 2007 at 5:20 pm | 3 Comments

About Midway between Hawaii and Australia

Author’s Note: There is no sense pretending there are investment opportunities here. There aren’t. The Marshall Islands are poor, heavily dependent on U.S. support, and have little in the way of natural resources or land. So in the article below I elect to enjoy the place for what it is. I hope you will too.
Correction (May 19, 2007) Please note that previous references to the “Japanese fishing fleet” have been corrected to reflect the fact that the tuna fishing fleet in Majuro’s lagoon is owned and operated by Koo Fishing Company, of Taiwan.

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Keith’s May 13 radio Show

Posted by Keith on May 13, 2007 at 5:11 pm | 1 Comment

Segment 1: Greetings from near the Marshall Islands!
Segment 2: Johnston Atoll and the U.S. Military in the Pacific
Segment 3: U.S. Military in the Pacific continued
Segment 4: U.S. market update
Segment 5: The International date Line — in the Pacific
Segment 6: New currency trading platforms for average investors
Segment 7: Son put Mom and Dad on deed to home — wants tax-free profit
Segment 8: Majuro and The Marshall Islands
Segment 9–11: Avoid equity index annuities!
Segment 12: Forming a real estate investment partnership with brother

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VideO: Keith on the Flybridge!

Posted by Keith on May 12, 2007 at 9:20 pm | 2 Comments


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Revocable Living Trusts: The Role of Trustees and Lawyers

Posted by Keith on May 11, 2007 at 6:53 pm | Leave a Comment

Keith,

If someone with a revocable living trust dies, is it the attorney’s job to identify all the assets, or is that the job of the trustee?

Are beneficiaries of the estate always supposed to be notified in writing, and if so whose job is that - the trustee’s or the attorney’s?

Roseanne

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