Well, I just read it again. I truly liked his book. It is not just for landlord but for investors as well. Dan made me do several things. One is that it is such an easy read with pages. Two is that his book felt like Dan was sitting next to me, telling me his stupid mistakes.
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Shelves: 5-star-books , non-fiction-business Incredibly useful. I especially like the sample form letters and checklists you can use when dealing with tenants. Anyone considering investing on rental properties should read it first Lots of humor and cartoons too so it is a pretty light read. I never seem to use it as much as some of my other books on the subject though.. Jun 11, DA GB rated it liked it This and other books on managing rental property seem to gloss over or ignore the pound gorilla in the room.
That is, a punitive tax system that taxes Profit being defined as what you have left after ALL expenses have been paid. A tax system that encourages debt rather than thrift and savingsshort-term fixes rather than long-term solutions"slum-lording" rather than land-lording. Example: you have a leaking roof on your This and other books on managing rental property seem to gloss over or ignore the pound gorilla in the room.
A tax system that encourages debt rather than thrift and savings…short-term fixes rather than long-term solutions…"slum-lording" rather than land-lording…. Example: you have a leaking roof on your rental house. Therefore, by doing it the right way Now lets say you are 65 years old to begin with. What are the chances of you even living to be Some things can be depreciated over shorter times, but it all has the same effect.
That is why rental property always looks so much worse than property occupied by the owner.
Landlording: A Handymanual for Scrupulous Landlords and Landladies Who Do It Themselves