Rental-Property Profits: A Financial Tool Kit for Landlords

by Michael C. Thomsett

Real estate investing doesn't have to be risky

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.

272 pages, Paperback

Published July 20, 2017

About the author

Michael C. Thomsett is an expert in technical analysis and stock markets. He has published dozens of books on the topic as well as peer-reviewed papers, magazine articles, and blog entries. He has been writing professionally since 1978 and his best-selling, Getting Started in Options (John Wiley & Sons) is currently in its 10th edition (published by DeGruyter with a new title, “Options”) and has sold over 350,000 copies. The author lives near Nashville, Tennessee and he writes full time.