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July 31st, 2010 
admin How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
Strategies for lifelong, tax-free second home ownership This book explains how to invest profitably in a vacation or future retirement home. Featuring success stories from second home buyers and often-overlooked financing options, How a Second Home Can Be Your Best Investment provides dozens of strategies and proven how-to avenues for finding the perfect home that will eventually pay for itself. Real estate experts Tom Kelly and John Tuccillo show readers how to save thousands through exchanges
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(out of 7 reviews)
List Price: $ 18.95
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The new Roth 401(k): save now and enjoy tax-free withdrawals in retirement.(PERSONAL FINANCE): An article from: Black Enterprise
This digital document is an article from Black Enterprise, published by Thomson Gale on December 1, 2005. The length of the article is 732 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
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Title: The new Roth 401(k): save now and enjoy tax-free withdrawals in retirement.(PERSONAL FINANCE)
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List Price: $ 5.95
Price: $ 5.95
The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
This book is to be used as a starting point for children and parents. The focus is on the unmarried dependent child (with no dependents of their own) who has a yearly income that ranges from .00 to the amount of the single standard deduction allowed by the IRS for the current tax year (,350 in 2007). This book can also provide limited guidance for children with incomes outside of this range, introducing them to basic topics. Major Topics include:
1) Money Management: Appreciate the
Rating: 
(out of 6 reviews)
List Price: $ 16.95
Price: $ 15.25
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Review by Sheri Koones for How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
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This book is meticulously written by two extremely sauvy real estate professionals who cover every aspect of second home ownership and show how one additional property can serve a variety of purposes over time (investment, recreation, retirement). They show how real estate can become “portable” – it can move with you, tax free, through your life while compounding your nest egg. It is a must have book for anyone considering purchasing a second home and might even induce those who hadn’t considered this option, to look for a second home as a great investment as an alternative to the uncertain financial markets.
Review by Perpetual Dreamer for How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
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Some people need encouragement. Regarding our dreams for a 2nd home, most of us are probably stuck in ruts, not knowing how to get out. This book does a good job of helping readers envision the possibilities. Too good a job. They do not present a systematic process for realistically considering what a prospective 2nd home buyer can afford, whether this is even a good idea, the downs of investing (how will you feel after 6 months of no rent in your investment property while still paying the mortgage?) They don’t have the reader ask enough tough questions before cheering them on to take this bold and potentially devestating step. Think the dot bomb was rough? How about staring a $2000/month mortgage in the face with no hope of liquidating that property that’s worth 10% less than you paid for it! I recommend Investing in a Vacation Home for Pleasure and Profit by James H. Boykin instead.
Review by QuixoticMan for How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
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I like this book, but it left me wanting more. The book does a nice job framing a second home as an investment, but the tax advantages are quickly addressed in chapter two w/o a lot of detail. After one read, I get the general idea, but not all of the implications. Also, the trade-offs of depreciation are only touched on vaguely.
However, the book is very readable and uses great antidotal examples (which I found helped me understand the material better). Also, there are lots of references for additional research. This i probably a good introduction into the subject and did leave me with enough information to decide to pursue this idea of a second home a little farther.
Review by M. Yee for How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
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Excellent book for strategies in tax-free investing to achieving my personal goal of living in my dream house. I bought this book with “Buying A Second Home: Income, Gateway or Investment” to better understand the tax benefits of second-home ownership.
Review by Carolyn Carr for How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement…AND Investment!
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This book provides some excellent information regarding the topic. A must read for those who are considering investment in a second home.
Review by Malia Russell for The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
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I had the pleasure of reviewing this book and I think it is a great resource.
This book was chock FULL of information to help parents and their children understand the ROTH IRA and how it can help your child secure tax-free wealth from their very first paycheck. I wish I had this book three years ago when my daughter first entered the world of working. She finally opened her ROTH IRA last fall. This book is user friendly. It has the technical jargon you may need, but has it presented in a very simple way. I think your teen could pick this book up and read it. If given to a homeschool teen, this would count toward a consumer math credit. It is quite thorough. As a former tax consultant I am financially savvy. This book is a winner! I HIGHLY recommend it.
Malia Russell
[...]
Review by Art Patino for The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
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After reading “The Kid’s ROTH IRA Handbook”, I came away with a good feeling that kid’s and parents can have hope for the future. Once we get the current generation of kids to understand saving instead of consumption, the problem is solved. This book explains a difficult concept in easy terms “Great job,Tracy”
Art Patino ,CCPS.
Review by Jodie Atkinson for The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
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Teaching children about saving money is critical for their success as adults. This book provides a step-by-step guide on how to teach your children about investing and specifically Roth IRAs. As an adult who had little knowledge on this subject, I found the book easy to understand without it being condescending. My children have both read this book (16 and 10) and were able to understand it completely. Even though they were resistant at first, both of my girls are now eagerly working on saving enough money to start their own Roth IRAs. This is a well thought out book and should be required reading for all parents and children.
Review by Domonique “www.kessinformant.com” for The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
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This book is wonderful! It is a great read, and an easy read for any parent teaching their kids about working and what to do with their money. Their is a lot more to it then just saving your money in the bank, and this book does a great job of breaking down the steps of what to do with your money. It even makes suggestions of jobs that children can do, whether it be working for their parents or getting a job outside of the home. My daughter is only 6, but I started teaching her about money and working for her money about a year ago. Of course I did not go into any complicated details, but I felt the younger the better to learn about money and what to do with it. I learned things from this book that I did not know before, so it was not only helpful for me to explain things to my daughter, but it was helpful for me as well, considering I learned some valuable information that I did not know before. I will keep referring back to book as my daughter gets older, and when she is old enough to understand the book on her own, she will read it as well.
Thank you Tracy, for sharing your knowledge, and making learning about investing your kids money not so scary or complicated.
Review by Melissa Baughman for The Kid’s ROTH IRA Handbook: Securing Tax-Free Wealth From a Child’s First Paycheck or Money Answers for Employed Children, Their Parents, the Self-Employed and Entrepreneurs
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I try very hard to teach my 17 year old strong money lessons.. he needs a job if he wants to have a car, he has to pay the insuarnce on that car.. the gas, it’s mandatory that he save 1/2 of every paycheck he gets for “emercencys” etc. But i have to admit, i never thought of him starting a Roth IRA.
We used this book for a little bit of a different reason. This was the first year my son recieved a “w-2″ from his very own job. He was so excited to learn he would be getting money back! So it came in the mail and of course “mommy was gonna take care of it”. So there it sat.. in my in box for weeks along with all the other to-do’s ~ and then I ran across The Kid’s ROTH IRA handbook by Tracy Foote. I skimmed through and something caught my eye… on page 93 a chapter started called “Tax Talk – All about tax forms”. It was a step by step explanation of how to fill out a 1040 as well as information behind the questions on the form. It has illistrations of what the form and documents look like and shaded areas with extra information to help them along. There is also a Glossary in the back for words they may not have learned yet. It is really geared towards a wide range of tweens/teens, or a fun read for the parent of a smaller child
So, I grabbed the book, his W2, printed off a 1040 from the internet.. and told him good luck.
Within 30 minutes he had his return ready to go LONG FORM, but even better than that it sparked conversations that will help him immensely in his financial future. Before you know it he has refund deposited into his bank account and he is offically a tax paying citizen!
This book is well worth the money and I implore you to enrich your childs financial future with this excellent read.