9 Things You Should Do Now For Next Year’s Taxes

things you should do for next year's taxes

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Although it may seem as if tax season is far away, it is in fact just a short 5 months from now. Now, that still sounds like a lot of time, but as busy professionals, parents, and adults in general know, tax season approaches fast. Instead of being caught off guard (considering the fact it’s the same day every year), here are 9 things you should do now for next year’s taxes.

This post has been written by our talented staff writer, Kimberly Studdard.

Get & Stay Organized

First things first, always keep your tax information organized. You don’t want to be the person scrambling at 11:00pm on April 14th to file your taxes. Keep all receipts, prior tax returns, and any . . . → Read More: 9 Things You Should Do Now For Next Year’s Taxes

Reviewing the Reasons for Pet Coverage

pet insurance

If you want the best care for your pet, you might want to enroll for pet insurance. Some of the insurance coverages include:

accidental injury coverage, major medical coverage, and accidental injury and illness protection.

Most plans will reimburse you for up to 80% of veterinary costs. If you love your pet and would do anything to care for them and keep them alive and well, then you probably shouldn’t overlook pet medical insurance.

Related: Should You Buy Pet Insurance?

A Customized Policy

If you choose the right provider, you can customize your pet coverage premium. Therefore, you can tailor the insurance policy to fit your requirements. Each cat or dog’s policy offers various benefits, including a routine coverage option. You can also lower the premium by sharing some of the risk.

Accidental Injury coverage

If you choose accidental injury insurance, this type of plan covers vet treatments associated . . . → Read More: Reviewing the Reasons for Pet Coverage

Flip Houses or Rent Them? Which is the Better Investment?

Have you ever thought about this? This debate gets almost as heated as the topic, “Should you pay your house off early?” (which, by the way, I definitely think you should!)! The question we want to focus on today is, “Should you flip houses or rent them?”

There are people that make $80,000+ a year flipping houses, and then there are those that earn $10,000 a year by renting them out. So which option is best? Well, before we dive into the answer, there are a few questions that need to be answered first.

Here’s what we’ll tackle in this post: With which option do you earn the most money? Which has the best tax benefits? What is the best long term investment? (look at time and money) Flip Houses or Rent Them? Which is the Better Investment?

Liz and I constantly find ourselves in this debate (even today). She . . . → Read More: Flip Houses or Rent Them? Which is the Better Investment?

Our New Rental House Project! Video Walk Through!

rental house project

Hi all!

In case you missed it, Liz and I purchased a new rental house project on Thursday!

It’s definitely going to take some work:

wood paneling, shag carpet, and dog, cat, and smoke smell!

Check out the video below where I walk you through the house to get a complete view of the “before” footage!

How We Just Scored a $100,000 House for Just $75,000

deal on real estate - house image

Are you looking for deals on real estate, but can’t seem to find them? Sure, the market’s hot right now, but that doesn’t mean that there’s no deals to be had – you’ve just got to dig wider, deeper, and probably get a bit creative with your digging style! If you’re constantly on the lookout for a deal on real estate, then you might want to incorporate this new strategy we discovered with our last rental purchase.

How We Found a Crazy Deal on Real Estate

We put our John Hancock on the documents just yesterday. We’re officially the new owners of a 3 bedroom, 1 bath house and we only paid $75,000 for it!

“How the heck did you land such an amazing deal?” you might ask.

I’m ready to teach you, my friend. Hopefully you can use this same method and buy a screaming deal of your own . . . → Read More: How We Just Scored a $100,000 House for Just $75,000

10 Ways to Make the Most of Your Debt Free Journey

The phrase “debt free journey” sounds like someone is romanticizing the boring task of paying off debt. But if you’ve ever spent time paying off a large debt, you know that phrase is pretty accurate.

Paying off debt is a long term commitment. You have to make the same decision day in and day out that getting out of debt is more important than the temptations that swarm you constantly.

It’s not easy.

And sometimes you’ll crawl into the comfortable box called “woe is me”. It’s not fair! Your friends and coworkers (especially baffling since you have the same salary) have endless amounts of money for taking trips, major house projects, and fancy cars.

I’ll spare you the “we never know what goes on in other homes” lecture. Because honestly, who cares? That’s not going to make you feel better about your own situation.

10 Ways to Make . . . → Read More: 10 Ways to Make the Most of Your Debt Free Journey

7 Year Blogiversary Giveaway!! Free Prizes and a Walk Down Memory Lane!

blogiversary giveaway

Wow, 7 years??! Really?

When I started this site, I was newly married, living in Florida, and had $18,000 worth of debt.

Since then….

My wife and I paid off the debt, we got divorced (which threw me back into debt), I paid that off in 6 months and then paid off the house in another 12 (I was motivated…ie. angry ;)), and then got re-married, had a child, and we now own several properties debt free.

Whew! Needless to say, a TON has transpired over those 7 years! I obviously wish some of it hadn’t, but there’s no reverse button in life so there’s really nothing to do but keep looking forward, right? I’m always dreaming, constantly improving, and doing my best to lift everyone up with me along the way.

7 Year Blogiversary! A Walk Down Memory Lane!

What about the site? How has that changed? Surely it’s . . . → Read More: 7 Year Blogiversary Giveaway!! Free Prizes and a Walk Down Memory Lane!

On the Verge of Bankruptcy? Here’s What to Do

verge of bankruptcy

Bankruptcy — it’s the word that all businessmen fear most. But what is it that most people can’t handle? The answer to that is simple, and that’s because they don’t know what to do if they see it looming over the horizon. So whether your business isn’t doing well or if you think that going bust is imminent, it’s still safe to say that you can do something about it.

Spelling out disaster and doing nothing about it is another way of saying that you accept defeat. That’s not the real case because you can do something to avert bankruptcy. And that’s what we’re going to talk about here.

Pay Your Debts ASAP

You might have heard about interest rates, right? It might not sound like a big factor in putting your company in ruins, but in reality – it poses a huge threat to your business’ survivability.

As you . . . → Read More: On the Verge of Bankruptcy? Here’s What to Do

The Complete Guide to Sell Your Car Yourself for Thousands More (Even If You’re Under Water)

sell your car yourself

Instead of trading your car into the dealer for $5,000, how would you like to get $7,000 for it by selling it yourself? You might be shy, you might know nothing about cars or selling, and heck, you might even have a lien on your car still. That’s all okay – it’s still absolutely possible to sell your car yourself and earn thousands of dollars more by doing it.

How to Sell Your Car Yourself for WAY More Money

Do you know how dealers earn money? Of course you do… They buy cars for cheap and then sell them for a couple thousand dollars more to the next customer.

When you sell them your car, you can almost guarantee that they’re paying you far less than someone else would. So why is it that so many people just trade their car in to the dealership without thinking twice about it?

. . . → Read More: The Complete Guide to Sell Your Car Yourself for Thousands More (Even If You’re Under Water)

My September 2017 Blog Income Report

September 2017 blog income report

September is officially over and as it turns out, this blog is still bringing in some moolah! It’s still not quite as much as I’d like, but that’s pretty much always the case isn’t it?

So how do I make my money? And I think the more important question is, “Is it possible for you to do the same thing and make money blogging too?”

That’s exactly why I share my income each month. I want to:

Show you that it’s absolutely possible, and Tell you exactly how I do it so you can make money too!! Boost Your Income, Get Out of Debt, Become Wealthy

This post may contain affiliate links.

I started a website 7 years ago, and I’ve made over $100,000 blogging. It’s not a fairy tale, and it’s not something that only your super-genius teenage neighbor can do. This is something that an average person with . . . → Read More: My September 2017 Blog Income Report