Thanks for Subscribing
Recent Additions
If I Take Cash Out of My Property I Owe Income Tax
If I take cash out of my property I will owe income tax on it. False! You can refinance your home or a rental and take cash out above and beyond the amount you owe now. Use it to repair your house, use it to invest in another property, or take a well-earned vacation....
Quiet Week in Economic News
It was a quiet week this week in economic news. Next week will bring us the PPI, retail sales for September and CPI which are all 3 indicators of whether there are inflationary pressures. All expectations are that this will be a flat number. This is bad news as a...
This Weeks Win: 10/9/15
A client came in the other day and thought he had to pay cash for a rental property he wanted to buy. When I asked him why he was paying cash with the interest rates so low, he said that the bank with the wagon wheel told him, a veteran on disability with great...