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Practical Real Estate Techniques
They say that "death and taxes" are the only two certainties in this life. When
it comes to achieving financial independence, death and taxes are essentially the same thing. Just as friction
wears the tread off your tires, tax friction rubs the shine right off your financial statement.
Over time, the friction of taxation will do to your financial future what the Colorado
River has done to the Grand Canyon.
In order to build wealth, you must maximize your tax deductions, ...
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Helping Your Clients
Your client wants to purchase a business opportunity/commercial building you have listed.
He needs $30,000 for the down payment and $25,000 for working capital.
During the pre-qualifying interview, you learn that your client is holding a $125,000
note, secured by a commercial building that he sold along with his auto body business. The note is earning a 10%
interest rate payable over 30 years. Although the buyer came in with $50,000 cash, that amount only covered the
purchase of ...
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