Archive for January, 2008

Jan 13 2008

What bills should I pay with my real estate checking account for the purpose of deductions?

Published by Dean under Real Estate

Melissa T asked: I have a fidelity mycash account to use for my business account. I am getting started as a real estate sales agent. So that I have everything in order for tax time, what are some accounts that I should pay strictly with that account? I figure bills like car insurance, dues and [...]

2 responses so far

Jan 10 2008

How do you make money in real estate without flipping?

Published by Dean under Real Estate

Rachel T. asked: I’m new at this…but it just seems so impossible to make any money in real estate. You have to pay for loan of the down payment, the property tax, insurance and mortgage……renting it out is not enough to cover the entire cost of all these components. The only way I can see [...]

6 responses so far