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Save Money on Rent

Prairie Eco-Thrifter

Years ago, we rented a unit in one of two quadruplex buildings owned by our landlord. To save some money, we asked the landlord if we could start a vegetable garden in the area outside our unit. The landlord also let me pick some of the seeded concord grapes growing up the hill. Here’s how we saved money on rent.

Rent 185
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Selling Your Investment Property?

Prairie Eco-Thrifter

Not everyone is cut out to be a landlord or landlady. Before you start spending your profits, take a breath and then sit down and think through what your net gain or loss might actually be – after taxes and all selling expenses. Real estate is subject to yearly taxes by the county. Capital Gains.

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Sell Your Home or Stay?

Prairie Eco-Thrifter

Are the taxes too high for the services you get? Will the taxes be higher? You may have to carry the old house for months until it sells, paying the expenses (mortgage, utilities, taxes and etc) on both it and the new home. Are there just too many projects to be done and too much ongoing maintenance? Will the area decline?

Home 165
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Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

Here is my take on the skills every homeowner or landlord needs to have. Perhaps the county appraiser raised the appraised value of your home, thereby raising the taxes. You will want to know how to challenge the new appraisal and avoid spending more tax money. Skills that will save you big bucks over time. Record Keeping.

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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Just think – when the pipe breaks, you just call your landlord and you don’t have to deal with (or pay for it) yourself. Tax considerations are also important because of the deductions and depreciation savings that can come with owning your own home. Furthermore, not everyone wants or knows how to maintain a property.

Home 186
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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. How can you best protect it from evaporating into the tax systems? You can hire others to help you do what you don’t like to tackle. You won’t become a different person.

Money 247
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50 Best Small-Business Ideas – NerdWallet

Savings Corner

If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents and make your professional recommendations about your client’s bottom line. Tax consulting If you’re a CPA or other enrolled agent, you might consider opening up a service specifically for business taxes.