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A Guide to College Baseball Bats
In the mid 1850s, when baseball was in its infancy, players made their own bats. They experimented with flat bats, round bats, and heavy bats. They ultimately discovered that the barrel shaped bat was the most effective. Today, college baseball bats...
College Degrees and Online College Degrees
College degrees are a necessity in today's society where education is needed to make a livable salary or to receive a promotion before another degreed employee receives it. Many professionals are returning to school via the Internet to get their...
College Grants - On the Hunt
There are many different things that can assist you if you are a
university student in search of college grant money. The best
thing that you can do is apply for as many college grants as you
can. Obviously the more you apply for, the greater the...
College Life: Secrets to Getting By
When you first begin college, life can be difficult at times so
it is vital to have some "university student survival tips" to
ensure that you enjoy college life or at the very least, survive
it. Obviously, money is going to play an important...
Paying for your Child's College Education
This is probably the most intensive short-term cash drain on any family's finances. Unlike most other big- ticket items, such as homes or automobiles, that can be paid off in monthly installments, college tuition must be paid out over a relatively...
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Send Your Child to College FREE!
College is one of the largest expenses through the course of your child’s life. It is also one of the main causes of debt in America. With today’s rates of inflation, it is very hard to save for an event that will occur eighteen years down the road. However, capitalistic America has provided many ways to send your child to college without paying a single red cent. Below you will discover just how easy it is to reach financial freedom.
Property near college campuses has always been a prime investment arena. Now,it can be the key to funding your child’s education. Three months before your son or daughter starts college, buy a well-maintained home within two to three miles from campus. When choosing a house, keep the following in mind.
- Make sure the home has at least four bedrooms. This creates a maximum rental and sell value.
- Take out the largest mortgage possible.
- Furnish the home from second-hand stores. (College student’s aren’t too picky. To find out, ask your nearest mother : )
Make your son or daughter the property manager of your rental property.
Making your child the property manager allows you to reap tax and business benefits, while also teaching your student about the business world. You could easily pay your child a small stipend to handle the responsibilities of a property manager. These include:
* collecting rent
* inspecting the property weekly for cleanliness and damage
* renting the property when there is a vacancy
* contracting any repair work that is needed
* reporting to you on the property’s financial and physical condition
The salary you pay your child for being the property managemer is tax deductible. This deduction can go towards your student’s books, supplies, or food expenses.
Save on gas money
when visiting your child. Another perk to owning rental property is that you are allowed a tax deduction twice per year in order to inspect any out-of-town property. The primary purpose of your trip must be inspection and maintenance of your property. However, visiting your child may be a secondary purpose. Be sure to document all trips and their purpose.
Use the real estate Tax Deductions to generate extra cash.
The depreciation deductions you claim each year on your rental property give you immediate cash, which can be used toward college expenses.
Finally, your child has graduated and its time to sell your property. Use the profits from your investment to pay off your loans. At 8% per year appreciation, the property will be worth $ 20,000 - $40,000 more at the end of four years, depending on the original price.
Because housing in college areas is in very high demand, your property’s value should increase substantially. The best and easiest way to sell your property is to list it in the school and city newspapers with an ad that reads : “Send your child to college free. Call me for details!” Most likely, you will recieve calls in the first day or so. Inform your prospects of how rental property can finance their child’s education. This key strategy will enable you to pay off any pending loans and leave your college student debt-free!
About the Author
GranMamma is the webmaster at the Baby Names Box - http://www.babynamebox.com - Where you can explore over 6,000 baby names and their meanings. Sub-categories include Disney ,J.R. Tolkien names, Fantasy and Folklore names, and many names from the literary classics. Read articles ranging from parenting and family to home and gardening. Be sure to say hi to GranMamma!
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