Rental-Property Profits: A Financial Tool Kit for Landlords, 2nd Edition

With rental prices climbing, vacancy rates low, and property values rising, real estate investing has become a tempting option for achieving financial security.

The idea is simple: buy a property, fix it up, and then rent it until you’re ready to sell. But the reality can be confusing, requiring in-depth financial and tax knowledge that most newcomers lack.

Rental-Property Profits walks you through every important step, from spotting smart investments to taking advantage of tax breaks and loop holes. With clear language and updated forms, worksheets, checklists, and formulas, this new edition explains how to:

• Evaluate risks and opportunities in a post-recession market
• Determine if you qualify for an investor loan
• Calculate cash flow and maintain healthy levels
• Establish sound bookkeeping and accounting systems
• Handle rental property depreciation
• Report annual income and expenses accurately
• And much more

Housing is bouncing back, and the number of real estate investors is growing. This book will help build your nest egg, while bypassing costly mistakes.

Table of Contents

Chapter 1. The Nature Of Real Estate Investing
Chapter 2. Getting Started In Rental Property Investing
Chapter 3. Cash Flow: The Essence Of Rental Real Estate
Chapter 4. Picking The Best Investment For You
Chapter 5. Bookkeeping Basics For Rental Property
Chapter 6. Keeping Track Of Real Estate Transactions
Chapter 7. Creating A Timely And Efficient Accounting System
Chapter 8. Handling Depreciation For Rental Properties
Chapter 9. Understanding The Tax Rules For Real Estate
Chapter 10. Tax Reporting For Annual Income And Expense
Chapter 11. Including Real Estate In Your Portfolio