conserving or maintaining the property while it's vacant. You have to pay property tax bills and make interest payments on the mortgage whether you have a tenant or not. The home depreciates during that time period, and you can claim depreciation...
Real estate is also an extremely tax-efficient investment. The ability to depreciate buildings can cancel out some or all of your profits, letting you collect rental income at a favorable tax rate. Its value increases without you having to pay tax on it until you sell, and you may not eve...
Cellphones have become just as vital to business as a land line, which makes cellphone use a legitimate, deductible business expense. But for most of us, cellphones are also inextricably linked to our personal lives, so it's a deduction that the IRS care
I get a great deal on every rental I buy. I don’t want to pay retail when I can pay to 20% to 30% less than retail. It is not easy to get great deals, but it is possible. On almost every house I have ever bought, I got a great deal. That instantly increases my net worth...
Whether you live in an RV, a house, an apartment, or whatever, these days a part time job is needed to keep ahead. Lots of people are trying to work at home. But what are the best part time jobs out there? Now since I live and travel in an RV year round, and like the freedom...