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The Travel Detective: How to Get the Best Service and the Best Deals from Airlines, Hotels, Cruise Ships, and Car Rental Agencies

The Travel Detective: How to Get the Best Service and the Best Deals from Airlines, Hotels, Cruise Ships, and Car Rental Agencies Renowned travel authority and NBC Today show travel editor Peter Greenberg shares his insider secrets.

Americans now travel more than ever before. Yet as our traveling has increased, the service we receive from airlines, hotels, and other agencies has deteriorated dramatically. Industry surveys reveal what you already feel: growing dissatisfaction among travelers of every age, income, and education level. We've been abused by the travel experience. Peter Greenberg is here to help. The Travel Detective tells you the things most travel agents can't — or sometimes just won't — tell you. In his characteristic friendly and conversational tone, Greenberg tells how to find the secret walk-up fares that can save air travelers hundreds, if not thousands of dollars on last minutes flights; which coach seats on which planes are better than first class; the secret rule to know to avoid being bumped from a flight, which cruise ship brochures lie; which credit card companies are fastest — and slowest — to come to your aid in a foreign land, or worse, in the U.S.,; which hotels have the best — and the worst — fire and crime safety records, and how you can protect yourself; how to negotiate the best hotel room deal; which hotels have the worst water pressure in their showers (and better yet, how you can get great water pressure, even at those hotels); and much, much more. Accessible and entertaining, The Travel Detective gives you the information and tools you need to make every trip an affordable pleasure.

Rental Property Investing: Know When to Buy, Hold and Flip

Rental Property Investing: Know When to Buy, Hold and Flip In today's hot real estate market, owning and profiting from rental property is a compelling strategy to many potential investors and the number of rental property investors is exploding. Success stories of rental property investment are routinely the subject of newspaper and television specials, day or night.

But what is the reality? Is it as easy and profitable as "they" say? The answer to these and many more practical and refreshingly honest views of rental property investing are answered in this indispensable new book.

First-time and seasoned investors will learn:

• The types of properties that are suited for each individual investor

• What market conditions are best for buying, holding, or flipping the property

• New alternatives for financing investment property

• Which properties need just cosmetic work and which properties should be avoided

CD contains a complete electronic version of the book as well as the "Socrates Real Estate Dictionary" and "Socrates Personal Finance Dictionary" - both designed to offer simple explanations to sometimes complicated real estate and financial terms.

* FREE $100.00 value As an added bonus for Socrates' book buyers, an entire web page is devoted to free content, forms, worksheets, advice, and real estate.

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Update

Rental Property Tax Deductions

When you think about Rental Property Tax Deductions, what do you think of first? Which aspects of Rental Property Tax Deductions are important, which are essential, and which ones can you take or leave? You be the judge.

Own residential rental properties? This article discusses how income from those properties impacts your taxes.

What Constitutes Revenue?

Generally, rental income is defined as any revenue you receive from the occupancy or use of residential property. Rent, obviously, is included in that revenue. Many owners are surprised to learn revenue also includes rent advancements, expenses paid by a tenant and any security deposits not returned to the tenant. In fact, revenue can also include amounts paid to cancel a lease, even if you had to sue the defendant to get it.

Yeah, Yeah, But What Can I Deduct?

Tax deductions associated with rental properties are strikingly similar to those found in any business. Technically, you can deduct any expense reasonably necessary to “manage, conserve or maintain” the property. Obvious deductions include mortgage payments, cleaning expenses, insurance premiums, service payments such as landscape maintenance, repairs, maintenance, etc. Overlooked rental property deductions include:

1. Expenses incurred in finding tenants,

Think about what you've read so far. Does it reinforce what you already know about Rental Property Tax Deductions? Or was there something completely new? What about the remaining paragraphs?

2. Commissions paid to third parties that arrange for tenants,

3. Paying your accountant and/or lawyer,

4. Mileage for driving to and from the property [I said, “No more parties!”]

5. Depreciation of the property,

6. Depreciation of items in the property such as washing machines, furniture, etc.

Imaginary Rent Deduction

A few creative property owners have suggested that they should be able to deduct their customary and standard monthly rent if the property is empty. The argument goes, “If the property is empty, I am not making revenue and should be able to deduct the $1,500 that I am missing out on.” At first glance, this almost makes sense. Sadly, it doesn’t fly from the perspective of the IRS. Since you are not receiving revenues, your total revenues for the year will be reduced by the loss rent. You can’t double dip by deducting the $1,500 from the already reduced yearly revenues. The only things you can deduct are the expenses you incur during this period, and only for so long as you are actively trying to rent the place.

That's how things stand right now. Keep in mind that any subject can change over time, so be sure you keep up with the latest news.