Send Your Child to College FREE!

College is one of the largest expenses through the course of your childâ??s life. It is also one of the main causes of debt in America. With today's rates of inflation, it is very hard to save for an event that will occur eighteen years down the road. However, capitalistic America has provided many ways to send your child to college without paying a single red cent. Below you will discover just how easy it is to reach financial freedom.

Property near college campuses has always been a prime investment arena. Now,it can be the key to funding your child's education. Three months before your son or daughter starts college, buy a well-maintained home within two to three miles from campus. When choosing a house, keep the following in mind.

- Make sure the home has at least four bedrooms. This creates a maximum rental and sell value.

- Take out the largest mortgage possible.

- Furnish the home from second-hand stores. (College student's aren't too picky. To find out, ask your nearest mother : )

Make your son or daughter the property manager of your rental property.

Making your child the property manager allows you to reap tax and business benefits, while also teaching your student about the business world. You could easily pay your child a small stipend to handle the responsibilities of a property manager. These include:

* collecting rent

* inspecting the property weekly for cleanliness and damage

* renting the property when there is a vacancy

* contracting any repair work that is needed

* reporting to you on the property's financial and physical condition

The salary you pay your child for being the property managemer is tax deductible. This deduction can go towards your student's books, supplies, or food expenses.

Save on gas money when visiting your child. Another perk to owning rental property is that you are allowed a tax deduction twice per year in order to inspect any out-of-town property. The primary purpose of your trip must be inspection and maintenance of your property. However, visiting your child may be a secondary purpose. Be sure to document all trips and their purpose.

Use the real estate Tax Deductions to generate extra cash.

The depreciation deductions you claim each year on your rental property give you immediate cash, which can be used toward college expenses.

Finally, your child has graduated and its time to sell your property. Use the profits from your investment to pay off your loans. At 8% per year appreciation, the property will be worth $ 20,000 - $40,000 more at the end of four years, depending on the original price.

Because housing in college areas is in very high demand, your propertyâ??s value should increase substantially. The best and easiest way to sell your property is to list it in the school and city newspapers with an ad that reads : Send your child to college free. Call me for details!â?? Most likely, you will recieve calls in the first day or so. Inform your prospects of how rental property can finance their child's education. This key strategy will enable you to pay off any pending loans and leave your college student debt-free!

Alli Ross is the webmaster at the Baby Names Box - Where you can explore over 6,000 baby names and their meanings. Sub-categories include Disney ,J.R. Tolkien names, Fantasy and Folklore names, and many names from the literary classics. Read articles ranging from parenting and family to home and gardening. Be sure to say hi to GranMamma!

---

Missing The Bus

As a step daughter and step grand daughter, I followed... Read More

The Most Innovative New Approach for ADHD, a Natural Remedy

What's new and effective in the treatment of Attention problems?... Read More

Calming Tips for Hyperactive Children

Parents of hyperactive children know the "Would you please just... Read More

Parenting Your Teenager: 8 Things You Need to Be Doing

Get into their world. The world that teens are growing... Read More

The Effects of Televised Sexual Content on Adolescents

According to a September 2004 study by the RAND Corporation,... Read More

Are Parents Trying Too Hard?

One of the implications of the current trend toward smaller... Read More

Examining Drugs for ADHD, Particularly Strattera

In memory of 14 year old Matthew Smith; 11 year... Read More

Who Are Your Kids Talking To Online?

Studies have shown that:1 out of 4 children were sent... Read More

Teach Your Children About the Importance of Water

The Flow of WaterWater is essential for life on the... Read More

Bring On The Music To Help Your Child Learn Faster And More Effectively

Do you remember how you first learned the alphabet? I... Read More

Parenting Your Teenager: Are Sleep Overs with the Opposite Sex OK?

Q. Our 17-year-old son wants us to let his girlfriend... Read More

ADHD: A Dialogue With a Non-Believer, part three

Dear Sir, It was with some interest that I read... Read More

Give Your Child the Gift of Self-Esteem

Much has been said about the "gifted child" but in... Read More

Delightful Defrazzlers

I will cherish this moment. I will not let it... Read More

Registering a Birth in Scotland

Who Can Register A Birth? The child's mother... Read More

The Value of Play

Isn't it ironic that a country whose constitution allows for... Read More

What Julia Roberts has to Say about Motherhood

Julia Roberts recently gave birth to twins: Hazel and Phinnaeus.... Read More

What Should I Know About Strattera for ADHD?

Strattera came out around January of 2003, and is becoming... Read More

From Go Fast Kids to Calm Kids

How excited do kids get with the start of school... Read More

Marriage, Divorce, and Kids

Are men to blame for the divorce problem in this... Read More

Hold a Childs Birthday Party for Charity

As a parent, you probably know that the birthday party... Read More

A Quiz for Parents: What Are They REALLY Learning?

Picture this. Your child comes home with a special assignment... Read More

Parenting Your Teenager: When is it OK to Quit?

Q. My daughter is a junior in high school and... Read More

The Real Problem With Todays Teenagers (And Why Most Parents Just Dont Get It!)

An address given by Rev. David B. Smith... Read More

Mom, Dad and the Big Brother

Software for parental control is a useful tool, if applied... Read More

Is it Attention Deficit Disorder or is it Tourettes Syndrome?

During the assessment process it is of great importance for... Read More

Raising a Self-Sufficient Teen

Teens don't learn responsibility overnight. If you haven't been working... Read More

Tips For a First-Time Dad

So you're going to become a father. Now is not... Read More

Cooking With Your Kids Helps Develop Motor Skills for Preschoolers

Did you know that cooking with your kids is a... Read More

Time Out for Adults

"Get down from the table top right now! What are... Read More

Dads - What Family Legacy Are You Passing On to Your Children?

Do you want to create a deeper, more loving relationship... Read More

Peer Pressure - Five Ways to Help Teenagers Beat Peer Influence

Young people generally want to fit in to their various... Read More

Parenting---Roots and Wings

I'm sure many of you have heard that old Hallmark... Read More