Mortgage and Real Estate Newsletter April 14, 2005

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1. Tax time hints.

2. Note brokers. Do you know how to operate a financial calculator?

3. Is now the time to be making investments in real estate?

4. Mortgage-investments.com is now rated No. 1 by Google. How this helps you.

5. A financial calculator for your web site.

1. Tax time hints.

If you are in the real estate and/or mortgage business, even as an investor, make sure you are taking all the deductions you are entitled to:
These can include a home office deduction (if you meet the requirements), deductions for auto and travel expenses, education and entertainment expenses.
Home office deductions
If you travel to a property that you either own or are thinking of buying you are entitled to a business deduction for your travel costs and even hotel costs (if needed).
If you purchase books, magazines or attend seminars related to your business activity you are entitled to a deduction, this must however be a business you are currently engaged in.
How about if you fly to Las Vagas to attend a mortgage broking convention (and you ARE in the mortgage business)? These are deductible expenses.Your air fare, car rental, hotel and perhaps meals. How about if you extend your stay to have a few days of vacation? Fine, but you cannot deduct the extra hotel costs. But your airfare deduction is not affected.
How about your subscription to a local newspaper that you regularly use to call real estate ads?

Of course if you own rental properties you should be familar with depreciation allowances, the difference between repairs (expensable for tax purposes) and improvements (must be depreciated over many years).
Question. if you buy some paint to paint your rental property and some is left over, can you use it to paint your own home? Can you deduct the whole cost?

Important. We are NOT CPAs and the above ideas should be discussed by you with a properly qualified professional.

2. Note brokers. Do you know how to operate a financial calculator?

We have a complimentary course, complete with on-line financial calculator. It covers full purchases, partial purchase and balloons. Essential for any Note Broker. Note broker calculator course

3.Is now the time to be making investments in real estate?

There is an old saying that, "When you start getting stock tips from your barber, it is time to get out of the stock market."
This was most recently proven true during the "dot-com" boom when it seemed that everyone you met had a story about the money they had just made in some Internet stock. As you will remember, a crash soon followed.

Right now it seems that real estate prices are booming, new properties are popping up everywhere and real estate agents are sometimes receiving multiple offers on properties.
We advise caution. As veterans of this business, we made our biggest profits around 10 years ago during the times of the Resolution Trust Corporation and FDIC sales. These were times when real estate investments were out of favor.

4. Mortgage-investments.com is now rated No. 1 by Google. How this helps you.
Try a search on www.google.com on the terms "sell mortgage" and you will find that Mortgage-investments.com occupies the top spot. (We also occupy the top spot in a Google search for "hard money mortgage" and "mortgage investments")

What this means to you is that mortgage-investments.com is the best place to advertise your private mortgage for sale. Not only is their no cost to you for your listing to sell your mortgage, but ANYONE can search our sites for mortgages to buy without payment of a monthly fee (as is the case with some of our imitators). The result is hundreds of inquiries for your Mortgage for sale. You are recommended to fax the documents (note and mortgage) to the number given by us so these documents can be added by us (without charge) to your listing.
You may advertise your mortgage for sale if you own the mortgage yourself or if you are the note broker handling the sale of the mortgage.

The same applies if you are looking to make a mortgage investment or to make or borrow a hard money mortgage.

5. Put a financial calculator on your web site with our compliments.
Financial calculator for your web site

For many useful tools you may not have known we have, go to: More real estate and mortgage resources.

Free info on mortgage investments, private mortgages, hard money mortgages, discounted mortgages, seller financing.

Mortgages, owner financing, deeds of trusts, discounted mortgages, seller financed mortgage, hard money mortgage

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