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Bonus Depreciation: What It Is and How It Works

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Typically, the IRS requires taxpayers to depreciate assets over several years.  This results in a relatively small percentage of the cost of an asset being allowed as a deduction each year. For example, if you install a fence on your rental property, you would have to depreciate this asset over fifteen years using special formulas published by the IRS.  Over the next 15 … [Read more...] about Bonus Depreciation: What It Is and How It Works

6 Best Part-Time Jobs That Let You Work From Home

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Thanks to the internet, working from home is easier than ever. One of the biggest benefits is flexibility -- you can work as much or as little as you need or want. Working a part-time job from home is a great option whether you want to take off the rest of the day to enjoy yourself or if you need a little extra cash on top of your 9-5 salary. There are even plenty of fun … [Read more...] about 6 Best Part-Time Jobs That Let You Work From Home

The Best Apps to Earn Free Gift Cards

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Will Rogers once said, “The fastest way to double your money is to fold it over and put it back in your pocket.” However, Will Rogers didn’t have access to the internet or smartphones. Today getting a little extra play money can be as easy as wasting a little bit of time on your smartphone. If you’re willing to spend a little time watching ads or taking surveys, it’s not … [Read more...] about The Best Apps to Earn Free Gift Cards

How to Become a Freelance Writer (and Earn $90+ per Hour)

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If you want to become a freelance writer, now is the perfect time! The internet has been a godsend for people who want to freelance. You can access potential clients at all hours of the day. You can research, write, submit your work, and send an invoice at 3 a.m. while wearing fluffy pajamas and noshing on chocolate chip cookies if that's your jam. Freelance writing can … [Read more...] about How to Become a Freelance Writer (and Earn $90+ per Hour)

5 Best Passive Income Streams to Help You Travel the World

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Have you ever dreamt of pursuing a life of financial freedom that enables you to travel wherever you want? I did. I’m sure many of you have felt the same lull of going into an office day in, day out, doing the same thing over and over again. After four years of working and seeing the wonders of the world during a month-long solo Europe trip in 2014, I realized how … [Read more...] about 5 Best Passive Income Streams to Help You Travel the World