http://www.middleclassmillionaires.com/ en runamuck40@gmail.com Copyright 2009 2009-10-29T15:58:36-07:00 http://www.middleclassmillionaires.com/article/dont_believe_everything_you_read/ http://www.middleclassmillionaires.com/article/dont_believe_everything_you_read/#When:15:58:36Z The internet is the greatest mass communication and information distribution tool the world has ever known. Better than telegraph. Better than telephone. Even better than “tell-my-wife.” (I will deny having said that if you ever bring it up.) Even though the web is remarkable in its ability to dispense data, it is horrible at telling whether its offerings are truth or whether they are absolute buffalo biscuits. SO why is this important? Because people in business are very quick to quote web data as accurate, when in fact it often is not. Real Estate 2009-10-29T15:58:36-07:00 http://www.middleclassmillionaires.com/article/clarifying_sale_leasebacks/ http://www.middleclassmillionaires.com/article/clarifying_sale_leasebacks/#When:15:26:39Z While possibly the most common form of sale-leaseback uses real property, other assets can be utilized in this technique to maximize benefits for the parties involved as well. This process is often used by individuals who are also business owners. The process, if used properly, will allow a fully depreciated asset to be depreciated again by the new owner, who in turn leases the asset back to the business for ongoing use and to produce a revenue stream to the new owner. If done by the business owner, the owner of the business can continue to produce benefits for themselves in their personal wealth development and financial security while enhancing their business. Real Estate 2009-10-23T15:26:39-07:00 http://www.middleclassmillionaires.com/article/sale_leaseback_heres_how_and_why/ http://www.middleclassmillionaires.com/article/sale_leaseback_heres_how_and_why/#When:22:36:36Z A sale-leaseback is a tool often used by real estate owners to gain access to the equity of their property without losing the functional use of the space. The process is as simple as it would seem from the name. A property of any type is sold and then leased back by the seller from the buyer (new owner) for their ongoing use. Most commonly this type of transaction will include both the sale and the lease back in the initial documentation. It is important to remember that the right to use the property will remain with the seller/lease holder as per the documented agreement. Real Estate 2009-10-21T22:36:36-07:00 http://www.middleclassmillionaires.com/article/save_a_ton_by_paying_more/ http://www.middleclassmillionaires.com/article/save_a_ton_by_paying_more/#When:18:10:39Z There are as many opinions on how to get out of debt as there are people selling ebooks, debt counseling services and get-out-of-debt coaching programs on late night TV. The fact is that if you have a little discipline and understand basic financial principles, you can get out of debt yourself, and quickly. Here’s something you may find interesting that will help you decide which debt to payoff first, and why. Dollar Scholar 2009-10-13T18:10:39-07:00 http://www.middleclassmillionaires.com/article/an_inheritance_of_debt/ http://www.middleclassmillionaires.com/article/an_inheritance_of_debt/#When:17:06:50Z Unfortunately, many people who have lost a loved one soon find that the deceased had accrued substantial debt. Survivors are often then left with the challenges of dealing with this debt both ethically and legally. While the moral issue is something that should be understood, the legal obligation is what concerns most people. The most common question asked is “Do I owe the debt of a deceased family member?” The answer may surprise you. Dollar Scholar 2009-10-09T17:06:50-07:00 http://www.middleclassmillionaires.com/article/consider_this_when_it_comes_time_to_collect_social_security/ http://www.middleclassmillionaires.com/article/consider_this_when_it_comes_time_to_collect_social_security/#When:21:25:37Z In today’s economic climate it has become increasingly difficult for many Americans to make ends meet. Particularly for those who are at, or nearing, retirement. Even if things are going OK for you and your family, if it is almost time for your retirement, you need to understand your options for maximizing your Social Security benefits. Unfortunately most people just sign up to receive their Social Security benefits without considering viable options for increasing their overall benefit stream. Here’s a little-known way to boost your benefits. Dollar Scholar 2009-10-06T21:25:37-07:00 http://www.middleclassmillionaires.com/article/7_ways_to_reduce_your_taxes_this_year/ http://www.middleclassmillionaires.com/article/7_ways_to_reduce_your_taxes_this_year/#When:21:40:42Z There are many tools and techniques used to assist individuals in reducing their tax liability. Many of these techniques are confusing, difficult to apply or are questionable regarding their functionality. If you are interested in simple tried and true actions that are easy and effective in reducing tax liability for this year, here are seven that you should consider.  Dollar Scholar 2009-09-29T21:40:42-07:00 http://www.middleclassmillionaires.com/article/your_home_is_not_the_best_investment_youll_ever_make/ http://www.middleclassmillionaires.com/article/your_home_is_not_the_best_investment_youll_ever_make/#When:19:56:49Z I just laugh when people say “Your home is the best investment you’ll ever make.” The fact is that this is simply not true, unless your home is the only investment you ever make. I don’t even like to refer to it as an investment. To me, a home is a place to live; a sanctuary from the cares and pressures of the world, an environment of peace, rest and relaxation. It is my own little corner of the world where I am surrounded by my family, friends and stuff that makes me happy. I’m sorry, but if you really think that your home is a good investment, you’re bad a math. Real Estate 2009-09-25T19:56:49-07:00 http://www.middleclassmillionaires.com/article/protect_your_estate_organize_now_and_avoid_probate/ http://www.middleclassmillionaires.com/article/protect_your_estate_organize_now_and_avoid_probate/#When:23:02:33Z Being disorganized can cause big problems, even after you’re gone. If your estate is not in order, your heirs will have extra frustration, expense, and headache in their time of grieving. The good news is that these problems are things that are totally avoidable wil just a little work. Through one of our other projects, www.ScanSafeData.com, we have released a special report that outlines 6 steps that you can take so that your estate will not go into probate when you die. The report also has some great ideas for organizing and protecting all your most important information. So go learn how to avoid probate, it’s a free pdf download, and it’s available at: www.AvoidingProbate.info Dollar Scholar 2009-06-12T23:02:33-07:00 http://www.middleclassmillionaires.com/article/and_the_answer_is/ http://www.middleclassmillionaires.com/article/and_the_answer_is/#When:22:36:17Z 2009-04-20T22:36:17-07:00