Archive for the 'Kathy Kennebrook's Insightful Articles' Category

and Stefan J. Kasian, Ph.D.
1. Write the bureaus a letter. Especially if an inquiry is truly unauthorized, they will have to contact the creditor and ask for them to prove the existence of the inquiry. Most will not have the time, or documentation to prove it, and inquiries will just fall off.
NOTE: Beware of disputing [...]

 and Stefan Kasian PHD
Like it or not, having inquiries on your credit report can get you turned down for a loan approval or credit report. I’ve applied for credit for years for myself and my clients, and I can’t tell you how many times a bank wrote a rejection letter that we were turned down [...]

Albert Aiello, CPA, MS Taxation, RE Investor
I am talking about the most powerful deduction for the real estate investor – Depreciation — which is an annual tax write-off of the cost basis of assets held for rental or business-use, such as real estate.
Why this “NO-cash-out; yet cash-IN” phenomena?
The first part, “NO cash out” is [...]

Albert Aiello, CPA, MS Taxation, RE Investor
There are three major tax-saving benefits of classifying expenditures as repairs rather than capital improvements. One of them is immediate tax savings. For example, the owner of a rental property is in a 31% tax bracket and pays $20,000 as a repair is an immediate deduction which is worth [...]

Albert Aiello, CPA, MS Taxation, RE Investor
Here is a quick overview…
AVOID INEPT CPA’S, LIKE THE CURSE OF HELL!
Bad tax advisors cause more investors to pay more taxes than the IRS can ever dream of. Ask your follow investors for some good prospective CPA’s who specialize in real estate. Get references and carefully screen them out. [...]