Archive for July, 2007

expenses
Fergy asked:


I am about to rent my house and need to know which is the best way to keep track of the rental income and any expenses related to the rental property. How do I provide a receipt to the tenant when rent is received? Does anyone recommend renting a p.o. box to have the rents sent their instead of your residence? Any other professional advice would be welcome, this is my first time renting a home out!
Please do not respond with sarcastic answer, I don’t have time for that!
Thanks to all who help me out!

Sebastian Skarzynski
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expenses
Miss J85 asked:


I’ve been offered a car as a gift and am concerned about the expenses that might surmount after I receive it. The car is in NY and I’m in Fl. Before it gets to Fla will I have to get it registered and insured here(Fla)? After I receive it I don’t plan on using it to commute, but rather keep it in the garage for the mean time. Has anyone else been in this experience? Can you give me an idea of what I should expect? Thanks in advance.

Shana Doop
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