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So for 12 months, I decided that, you know, in California you absolutely need a car. So I had a hand-me-down little car but it needs insurance, and that’s a recurring cost. So, even if my car is parked, it still costs me insurance. That was around $348 per year. And that’...
I don’t know, like go to the food bank and like not, you know, put gas in your car and like all the stuff that you would have to do on the short term basis to sacrifice, to come up with money that you really needed if you, if you didn’t...
but made me promise I will not tell the family about it, I guess considering me already an outsider from the family circle from my sister and brothers, who lived in the same city, me the only
If you need a car, buy a used vehicle, not a new one. YOUR 5-MIN ACTION PLAN Slash your spending and stash away the savings.This is the time to live to learn within your means and start saving for a rainy day. Look for textbook deals.Buy used, or share with a frie...
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in which case you would be able to obtain a loan from a bank to the company. You would then need to rent the house to yourself paying the market rate in rent. You would then pay tax at the company level on that rental income, so it’s not the most elegant solution either. In som...
Last fall my rental property’s insurance increased slightly, but my residential home’s premium jumped to $2,620. That’s more than double what I paid just three years earlier on a home for which I have made no claims during that time. My agent told me the latest increases were due ...
I had a client when I was an insurance agent who had 200+ rental homes that I insured. He lived in a modest home worth about $300K and drove a 10yr old Jeep Grand Cherokee. Worth at least $20m if he liquidated. I learnedalotfrom tha...
Buying a beach house involves the same considerations as purchasing a home. However, first-time rental property owners need to be careful. Always inspect the house, preferably with the assistance of professionals, and talk with the owners. Look into theproperty deed, determine the level of crime...