An Investment for Rent
Article Abstract:
When looking toward real estate with an eye to investment in a property for rental purposes, the requirements are quite different than when looking for your own home. The most worthwhile investment should probably be located close to your home - as you are more familiar with the area, and the drive to and from the property will not be quite so far. The property should be in good condition, and under most circumstances, should be able to generate enough income to meet expenses. The financing should also be considered - if you live in the building, the rates may be less than if the building is strictly for investment purposes only. The property must be managed - either by the owner or a hired professional, and such things as vacancies and repairs must be planned for. Investing in real estate is a lot of hard work, and while it may not make you rich overnight, thoughtfully pursued, it can make you rich eventually.
Publication Name: Money
Subject: Business
ISSN: 0149-4953
Year: 1984
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Staying Ahead in Mutual Funds
Article Abstract:
The hot market in mutual funds was bound to cool off, and though they ended 1982 on a very impressive high note, by year's end 1983, they had lost so much that they failed to keep pace with Standard & Poors 500, the first time this had happened in more than a decade. But precisely because the mutuals are down now, theis may be perfect time to invest in the volatile market. Analysts are predicting that mutuals will advise about how to put yourself in the best position to take advantage of the upswing which is certain to occur, despite the fluctuating conditions which exist now. The best way to be certain of gains from the mutuals is to buy with the intent of holding on to them for the long term. Short term mutual fund investment can be risky, but no matter what kind you invest in, if you hold on to it for the long term it is almost sure to pay off.
Publication Name: Money
Subject: Business
ISSN: 0149-4953
Year: 1984
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Sure Ways to Cut Your Taxes
Article Abstract:
Legislation passed in 1982 and new vigilance by the Internal Revenue Service (IRS) are making tax shelters harder to come by, and, for those who find them, more prone to provoke an IRS audit. This is the first of a series of articles which examines tax shelters and strategies which will save money on a 1983 tax return, and advice for 1985 tax planning, so when the time comes to file for 1984, every tax strategy will have been utilized.
Publication Name: Money
Subject: Business
ISSN: 0149-4953
Year: 1984
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