A rental home is seen as a depreciable asset just like a car or piece of factory machinery. Rental properties with positive cash flow can show an accounting loss, granting the owner a tax deduction, or, as Robert Kiyosaki calls it, “Phantom Cash Flow”.
I used to care less about economics and finance. The money should be spent, was my mantra. The result of this philosophy was a broken life and debt to my eyes. Then there is Robert Kiyosaki and his best-selling book Rich Dad Poor Dad and that life was never the same.
We all know some famous rich people who have become wealthy as a result of the network they built. We know Bill Gates (Microsoft), Sam Walton (Walmart) and Jeff Bezos (Amazon).Robert Kiyosaki's Rich Dad had a hero who became very rich by buildin
This is a great tip I learned from Robert Kiyosaki, author of Rich Dad Poor Dad and the Cashflow Quadrant about success and how to spot opportunities in business.Robert Kiyosaki discusses many success principles, and this one has stuck with me for many years. Have a look at this video first.
You’ve probably heard a lot about Google AdSense (which is actually moreaccurately known as Google AdSense V1), but you may not know just what it is.Well, for one thing, it’s a one of the hottest new ways to make money onlinewithout having to do a whole lot. If you’ve read Robert Kiyosaki’s book, “RichDad, Poor Dad,”
I was listening to Robert Kiyosaki today as he talked about a persons WHY. I found it interesting and what he said made sense. I thought I would share this message and it might just help someone realize what they should be looking for. I see and hear a lot of people talking about this subject but I have never heard it
As we begin our journey to becoming successful navigators of the stock market, the first and most important step we must do is to become Financially Literate. Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Popularized by Robert Kiyosaki during the late 1990s and early 2000s.
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