Rental-Property Profits

A Financial Tool Kit for Landlords

Michael Thomsett (Autor)

Buch | Softcover

272 Seiten

2017 | Second Edition
Amacom (Verlag)
978-0-8144-3853-4 (ISBN)

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Learn how to avoid the costly mistakes on your way to building up your nest egg through real estate investing!

With rental prices climbing, vacancy rates low, and property values rising, real estate investing has become a tempting option for achieving financial security. And with all the fixer-upper shows today that make it look so easy--simply buy a property, fix it up, and then rent it until you're ready to sell for a ridiculous profit--the number of real estate investors is growing . . . but the same can't be said for all of their bank accounts. Because the reality is, real estate can be confusing, requiring in-depth financial and tax knowledge that most newcomers lack.Rental-Property Profits walks you through every important step, from spotting smart investments to taking advantage of tax breaks and loop holes. With clear language and updated forms, worksheets, checklists, and formulas, this new edition explains how to:* Evaluate risks and opportunities in a post-recession market* Determine if you qualify for an investor loan* Calculate cash flow and maintain healthy levels* Establish sound bookkeeping and accounting systems* Handle rental property depreciation* And much more!Real estate investing is not as easy as it looks on TV. But it also doesn't have to be risky! With this self-guided manual by your side, avoid the costly mistakes that many before you didn't see coming, and build the nest egg you deserve!

MICHAEL C. THOMSETT is a financial writer whose books include Getting Started in Options and Getting Started in Real Estate Investing. An experienced investor, he has successfully owned and managed as many as 12 properties at a time.

CONTENTS

Figuresvii

Tablesix

Introduction: What This Book Will Do for Youxi

1. The Nature of Real Estate Investing1

2. Getting Started in Rental Property Investing19

3. Cash Flow: The Essence of Rental Real Estate51

4. Picking the Best Investment for You71

5. Bookkeeping Basics for Rental Property91

6. Keeping Track of Real Estate Transactions123

7. Creating a Timely and Efficient Accounting System139

8. Handling Depreciation for Rental Properties157

9. Understanding the Tax Rules for Real Estate183

10. Tax Reporting for Annual Income and Expense197

11. Including Real Estate in Your Portfolio227

Glossary241

Notes245

Index247

Erscheinungsdatum	26.07.2017
Sprache	englisch
Maße	178 x 254 mm
Gewicht	498 g
Themenwelt	Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Immobilien / Grunderwerb
	Sonstiges ► Geschenkbücher
	Recht / Steuern ► EU / Internationales Recht
	Wirtschaft
ISBN-10	0-8144-3853-9 / 0814438539
ISBN-13	978-0-8144-3853-4 / 9780814438534
Zustand	Neuware