The Landlord's Financial Tool Kit / Edition 1

The Landlord's Financial Tool Kit / Edition 1

5.0 1
by Michael C. Thomsett
     
 

ISBN-10: 0814472354

ISBN-13: 9780814472354

Pub. Date: 09/07/2004

Publisher: AMACOM Books

"The Landlord’s Financial Tool Kit will show readers how to truly maximize the profit on their real estate investments. Featuring dozens of ready-to-use forms, worksheets, tables, and checklists, the book helps readers:

• pick properties with financial issues in mind

• understand concepts such as cash

…  See more details below

Overview

"The Landlord’s Financial Tool Kit will show readers how to truly maximize the profit on their real estate investments. Featuring dozens of ready-to-use forms, worksheets, tables, and checklists, the book helps readers:

• pick properties with financial issues in mind

• understand concepts such as cash flow and depreciation

• set up effective bookkeeping and record-management systems

• avoid common mistakes in income reporting

• shelter income and reduce income taxes

• comply with tax laws and regulations

• take advantage of write-offs and loopholes

Packed with useful, practical information on tax rules and creating cash flow, The Landlord’s Financial Tool Kit simplifies everything there is to know about managing real estate and being a successful landlord."

Product Details

ISBN-13:
9780814472354
Publisher:
AMACOM Books
Publication date:
09/07/2004
Pages:
256
Product dimensions:
7.04(w) x 10.00(h) x 0.67(d)
Age Range:
17 Years

Table of Contents

"Introduction -- The Basic Financial Problem

Chapter 1 -- Valuation of Property: The Starting Point

Chapter 2 -- How the Numbers Are Manipulated in Appraisals

Chapter 3 -- Your Mortgage: The Real Cost of Buying Property

Chapter 4 -- Investment Calculations: What Is Your Yield?

Chapter 5 -- The Lease Option: The Leveraged Approach

Chapter 6 -- Rental Income: Cash Flow Essentials

Chapter 7 -- Investment Alternatives: Equity and Debt

Chapter 8 -- Bookkeeping and Financial Statements: Debits, Credits, and More

Chapter 9 -- Prorated Values in Finance and Taxes: Important Guidelines

Chapter 10 -- Escrow and Closing: Getting Both Sides in Balance

Chapter 11 -- Tax Calculations in Real Estate: Reporting Rules

Chapter 12 -- Land, Lot, and Building Measurements: Calculating Down to the Foot

Appendix A -- Conversion: Simple Rules, Easy Answers

Appendix B -- Real Estate Formulas: Summarizing the Essentials

Appendix C -- Amortization Tables: Monthly Payments

Appendix D -- Remaining Balance Tables: What Is Left to Pay

Glossary of Terms

Inde"

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The Landlord's Financial Tool Kit 5 out of 5 based on 0 ratings. 1 reviews.
Guest More than 1 year ago
Author's experience in landlording really comes through. Lots of useful gems here.