What if I tell you right now that you can have a two week vacation to the Philippines every year? It only costs 2,200 USD. That is very cheap. You can do this through the power of depreciation. READ MORE.

I remember when I was a young boy back in the Philippines when my teacher asked the class what we would like to be when we grow up. I heard a lot of different answers. Most people said doctors, lawyers, astronauts, teachers, veterinarians, and other very respectable professions. Read more here . . .

Tax deductions in real estate are probably the hardest to quantify. It depends on so many different factors regarding your financial situation. In order to truly understand, I will give you a crash course on the different types of income and how they are taxed. Read more here…

Mortgage paydown is essentially your mortgage being paid down by your renter instead of you. That is the simplest of terms that I can come up with to explain this. Technically, you are paying down your mortgage because you own the property. You are giving your renter the right to live in your property by charging them rent but essentially they are paying for your mortgage. Read more here

As stated in the previous article, there are a number of ways to increase your passive income—through cash flow, appreciation, mortgage paydown and by tax deductions. READ MORE

Turning Your IRA Into a Mini-Bank