When buying precious metals the key is to buy what YOU decide to buy. Don’t just call up a gold and silver broker and ask them what you should buy. Don’t allow yourself to just be sold. Study, research, learn, and think before you buy.
On the surface this makes perfect sense. Those horrible banks won’t be charging a penny for credit card processing interchange, the swipe fee on a merchant account. So because the merchant won’t pay their merchant account services fees – voila, we the consumer can negotiate a lower price and reap the “benefit!” Regretfully, nothing could be further from the truth. The past decades of credit card processing growth were because it made it easier and quicker for us to purchase everyday items. Going back to cash entirely disregards this value proposition, both for us and the businesses we shop at.
When you buy a house, you can get some financial incentives from the seller, effectively lowering how much the house will cost you. One common practice is to request that the seller “buy down” interest rates for one or two years. However, be aware that a seller is usually less inclined to reduce the selling price if financial incentives are included in the offer.
Advantage 3: Buying cash flow property creates tax advantages. That’s right. And, probably one of the most misunderstood tax advantages is that of depreciation or “phantom cash” as some call it. Basically, phantom cash (or depreciation) can be taken literally as just that, it is money that doesn’t exist. Depreciation is a government incentive and tax loophole of the rich so they can benefit from real estate to a greater extent. The way it works is this… government states that you can take the value of a building divide it by 27.5 years and deduct that amount from your taxable income every year!
One of the reasons I have been able to buy and sell so many junk cars is because I know what to do, and you know the old saying… “Knowledge is power.” One of the keys to being in the junk car removal business is this: having a list of people, or businesses that you can call on, which, for a fair price, will buy your watkins auto sales for sale in a minute. Over the years I have built a relationship with various people and businesses that do just that.
The sale price of a vehicle is determined by four basic factors: the make and model of the vehicle, its condition, whether there is a high demand for its parts, and whether the yard already has the automobile in stock. Keep in mind that your vehicle may be more valuable to some junk yards than others.