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Growing your Investments

June 14, 2011 Leave a comment

Building wealth.  Buying low/ selling high.  Equity income.  Tax deductions.   Positive cash flow.  Interest deduction.  Let’s even throw appreciation in there because, well, we will see it again.  I have posted on here numerous times about the benefits of buying rental or investment property.  These deals are real, affordable, and available now.  The deals I speak of: buying a duplex and renting out one side.  Purchasing a townhome that cash flows with little maintenance.  Snatching up a single family home, that with a little TLC that turns into a nice income producer.  Buying property close to college for your children and others to rent while attending. These deals are real and happening and you don’t have to be Trump to get in on it.  I would decline to self promote if it weren’t true, easy and if I weren’t helping people do it.  Disclosure on the self promotion, I’m not creating the environment or the potential, it’s there.  It’s the buyers that are smiling and making agreat deal, I am just having fun counseling, coaching, and helping them achieve it.

$600 1099 Landlord Reporting Law Repealed

April 15, 2011 Leave a comment

In a little-noticed but important victory for REALTORS®, particularly those who help households and mom-and-pop owners of small rental properties, Congress this week passed legislation to repeal a short-sighted provision in small business legislation enacted last year (and a similar provision in the big health care reform law) that imposed onerous reporting requirements on small landlords and the real estate practitioners who work with them.

UPDATE: President Obama signed the repeal into law yesterday, April 14, making it official.

The article from REALTOR Magazine

Categories: Investors, Landlords
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