Asset vs.. Liability
Asset is some thing put money to your pocket.
Liability is some things take money away your from your pocket.
.
The house and car which we stay are liability.
Even we pay off all the money to bank, the house and car which we are used still are liability.
Because they are take away money from your pocket.
.
If you sell the house and get extra money, than the house is asset.
Once the house hasn’t sold, the house is liability, because house will always take money from your pocket!
When you sell the house, maybe will less amount than you bought the house?
(Need include the entire fee when bought house.)
For the car is easier, heard before about “depreciation”.
The car always needs to service, petrol, and so on…
Car always takes money from your pocket!
Here are discussing house and car which we are used.
.
If the house you rent to others,
The rental fee is more than all fees and got extra income, that will become an asset.
If you need to pay add with the rental fee to pay off the fees, which became a liability.
.
Real Estate = royal estate (things of king)
Real from royale (French)
Now are things of government.
If you not believe, you can try don’t pay the taxes of house, than you will know who is the real owner of real estate.
.
Anything can become asset or liability.
See how you use it or use the tool.
.
When you want to buy any asset,
Just remember
Asset is some thing put money to your pocket.
Liability is some things take money away your from your pocket.
This is my answer, so? Can comment me.
This is a very useful website for house loan, it can calculate the payment for the housing loan and of cause for invest purpose.
http://www.richdad.com/richdad/Member/Tools/RealEstateEvaluator.aspx
标签： Financing
发贴者：Hou @ 12/11/2009 08:48:00 上午
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