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Author: Cody Krell
Publisher: Createspace Independent Publishing Platform
ISBN: 9781987614503
Category :
Languages : en
Pages : 144
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Book Description
Real estate is primarily a business and not a profession. A profession is a disciplined unit of individuals who adhere strictly to ethical standards. This individual tends to possess specialized knowledge and skills that have been derived from research, education, and training at a high level to protect the interest of the public; whereas a business is an organization entity engaged in a commercial or industrial enterprise for the benefit of profit. Unlike a profession that requires skilled and knowledgeable individuals, a business doesn't. Instead what is needed is his/her 'interest.' However welcoming this sounds, the success, and failure of this venture which results in either a reward or loss is to be enjoyed alone, unlike a profession whose reward is shared with others., be it profit or loss. With real estate being a business or a profession, it has no connection with the business ethics governing it.
Author: Cody Krell
Publisher: Createspace Independent Publishing Platform
ISBN: 9781987614503
Category :
Languages : en
Pages : 144
Get Book Here
Book Description
Real estate is primarily a business and not a profession. A profession is a disciplined unit of individuals who adhere strictly to ethical standards. This individual tends to possess specialized knowledge and skills that have been derived from research, education, and training at a high level to protect the interest of the public; whereas a business is an organization entity engaged in a commercial or industrial enterprise for the benefit of profit. Unlike a profession that requires skilled and knowledgeable individuals, a business doesn't. Instead what is needed is his/her 'interest.' However welcoming this sounds, the success, and failure of this venture which results in either a reward or loss is to be enjoyed alone, unlike a profession whose reward is shared with others., be it profit or loss. With real estate being a business or a profession, it has no connection with the business ethics governing it.
Author: K. Anderson
Publisher: AMACOM
ISBN: 0814438989
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
This book exposes the cracks in most retirement portfolios, then opens your eyes to the benefits of rental income. With pensions slashed, savings slim, and Social Security insufficient and unpredictable, most people won't have nearly enough money to last them through their retirement years, but seasoned real estate investor and landlord K. Kai Anderson proves that real estate is an investment that anyone can dive into to fund their retirement…lucratively! Not leaving anything to question, Retire on Real Estate also lays out a complete plan of action, including how to: Get started--by either purchasing property or converting your residence into a rental Reduce the risk of vacancies, repairs, and problem tenants Spot smart investments Choose the right mortgage, or even out-of-the-box financing options Trade up to more profitable properties Don’t wager your retirement on Social Security, dividends, and unpredictable bull markets. Real estate is an investment that will always pay off--if done correctly.
Author: Jason L. McMurtry Mba
Publisher:
ISBN: 9780578630854
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
This book is a guide for individual rental-property owners looking to retire from the burdens of being a landlord. The book has three main sections: 1) Deciding to Sell, 2) Minimizing Taxes and 3) Finding the Best Solution. Readers will learn how to evaluate their current rental properties, how to defer or avoid capital-gains taxes via 1031 exchanges, and how to re-invest their sales proceeds in various passive real estate investment programs. Learning points include: landlord expenses, regulations and liability; yield, appreciation and capitalization rates; capital-gains, depreciation recapture and state taxes; 1031 exchange basics and details; Delaware Statutory Trusts, Tenants-in-Common and Single-tenant Triple-Net-Lease investments.
Author: Trinidad Katcsmorak
Publisher:
ISBN:
Category :
Languages : en
Pages : 154
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Book Description
The profits you can make from selling a real estate investment may look good on first glance. But if you consider the U.S. federal capital gains tax (CGT) you'll have to pay - which can be as high as 37% - there may not be a whole lot left in your pocket after you pay that tax bill. In this book, property owners will learn how to exchange their exhausting and often under-performing rental properties for passive real estate investments, while deferring or even avoiding capital-gains taxes.If you would like to improve both your lifestyle and income, while potentially diversifying into institutionally-operated real estate across multiple sectors and markets, this book is a must-read.
Author: Michael J. Margolis
Publisher: Trafford Publishing
ISBN: 1490728325
Category : Business & Economics
Languages : en
Pages : 133
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Book Description
It's no secret that the majority of wealth is tied to real estate. After experiencing success, my wife and I have become somewhat evangelical about real estate. Furthermore, this is a great way to build self-esteem, equity, and retirement for yourself and your family. If you're interested in a get-rich-quick scheme, put this book back on the shelf and pick up one of the many other books on the topic. I do not have seminars and progressive steps to my approach, at least not yet. What I have done, and my philosophy, is to provide a somewhat simple and realistic approach to property investing. Hopefully, you will see the benefit of property investing and try this on your own. Perhaps the greatest barrier to investing in property is overcoming fear. I am reminded of the Nike slogan from the eighties "Just do it." Whenever anyone incredulously asks me how I got into real estate, the simple answer is that I simply did.
Author: Marc W. Andersen
Publisher: Retire Rich from Real Estate
ISBN: 1572486465
Category : Business & Economics
Languages : en
Pages : 274
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Book Description
If you are worried about securing your financial future and are thinking about buying your first rental property, then this book is for you.
Author: Michael Drew
Publisher:
ISBN: 9781512329582
Category :
Languages : en
Pages : 118
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Book Description
At 31 Michael's dying father came to him with one request. "Take care of Mom." How could he say anything other than, "Of Course."But when the reality hit, that Michael had to find a way to maintain his mother's independence and lifestyle with such a small sum, he realized he was in over his head.That began a journey that would lead him to create a system, for his own mother, that produces truly passive income from rental properties.In this book you'll discover an approach unlike others, that allows you to get passive while enjoying the stability of rentals.Michael's system, as detailed in this book, will keep you away from plungers and other undesirable responsibilities normally associated with owning rental properties, while opening doors to a fulfilling retirement focused on what you want most in life.
Author: Brandon Turner
Publisher: Biggerpockets Publishing, LLC
ISBN: 9780990711759
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 370
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Book Description
No matter how great you are at finding good rental property deals, you could lose everything if you don't manage your properties correctly! But being a landlord doesn't have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun IF you do it right. That's why Brandon and Heather Turner put together this comprehensive book that will change the way you think of being a landlord forever. Written with both new and experienced landlords in mind, The Book on Managing Rental Properties takes you on an insider tour of the Turners' management business, so you can discover exactly how they've been able to maximize their profit, minimize their stress, and have a blast doing it! Inside, you'll discover: - The subtle mindset shift that will increase your chance at success 100x! - Low-cost strategies for attracting the best tenants who won't rip you off. - 7 tenant types we'll NEVER rent to--and that you shouldn't either! - 19 provisions that your rental lease should have to protect YOU. - Practical tips on training your tenant to pay on time and stay long term. - How to take the pain and stress out of your bookkeeping and taxes. - And much more!
Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 476
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Book Description
Author: Iowa Agriculture and Home Economics Experiment Station
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 632
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Book Description
