Tax Guru-Ker$tetter Letter

Saturday, February 26, 2005

Southern States See Green in Cigarettes – Might as well squeeze some more money out of the nicotine addicts before they die off.

‘Accidental’ Landlords Face Headaches, Costs – There are more potential hassles than most people think, especially in landlord hating states, such as the PRC. Even though we have two extra houses on our ranch here in the Ozarks, we have refused to rent any of them in spite of several requests. We are still smarting from the terrible experience we had renting the second home on our California ranch back in the early 1990s to a psycho who was trying to steal our property by following Michael Keaton’s character’s strategy in the movie Pacific Heights, the scariest movie ever made for landlords or property owners.

Are Foreclosure Deals Too Good to Be True? – They’re not as easy to do as touted by the hucksters on late night TV, who make their money selling books, tapes and seminars, and not by actually doing real estate deals. (I used to prepare tax returns for some of them; so this is fact and not speculation.)

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 2/26/2005 08:14:00 PM Send this post: