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Business plan for your foreclosure business (books, tapes, software, etc)
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Calculators and financial calculators to do the foreclosure math and other real estate computations
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Camera especially digital camera for taking pictures of distressed houses and sending to the lender
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Cleaning supplies to clean out trashed foreclosed and distressed properties
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Computer for y our foreclosure business
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Computer supplies and accessories for your foreclosure business
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Credit cards – dues and interest if credit card used solely for your foreclosure and real estate business.
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Database software for buyers, sellers, banks, attorneys, investors and so on.
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Dictionary of banking terms (Baron’s business guides) so you can speak bankers’ language
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Directories including crisscross or phone directories that you pay for to locate distress sellers.
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Directories of attorneys especially foreclosure and real estate attorneys
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Directories of accountants especially foreclosure and real estate accountants
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Entertainment such as lunch and dinner for leads on bargain foreclosures
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Eviction costs and other fees related to removing former homeowner of foreclosed property.
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Exhibit equipment and supplies to display your business at seminars and conventions
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Fees to title companies or courthouse employees for searches on foreclosure properties
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Fees to bird dogs for finding information on bargain properties
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Other fees related to your foreclosure and real estate business
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Flowers to homeowners and to those who find information on bargain properties
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“I buy houses” flyers to distribute all over the place.
September 13th, 2008
Posted in Asset Protection Tools | 
Tags: foreclosure, tax deductions, tax deductions foreclosure business part 2