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The Water Cooler
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Wood chipper?
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<blockquote data-quote="TinkerTanker" data-source="post: 4119100" data-attributes="member: 50228"><p>That's sad, but she's right on the next one. You make money 4 ways in a rental. Appreciation, rental income, principal payment, and depreciation. That last one is often overlooked. You can fire up a little $25.00 LLC and you get all the deductions Walmart gets, then depreciation on the house on top of that. Usually makes for a big fat return at the end of the year, just in time for a downpayment on a new house.</p></blockquote><p></p>
[QUOTE="TinkerTanker, post: 4119100, member: 50228"] That's sad, but she's right on the next one. You make money 4 ways in a rental. Appreciation, rental income, principal payment, and depreciation. That last one is often overlooked. You can fire up a little $25.00 LLC and you get all the deductions Walmart gets, then depreciation on the house on top of that. Usually makes for a big fat return at the end of the year, just in time for a downpayment on a new house. [/QUOTE]
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