Girl Power - Young women learn what it takes to start a business.
By Janean Chun, Entrepreneur Magazine - September 2007
URL: http://www.entrepreneur.com/magazine/entrepreneur/2007/september/183042.html
This is part one of an occasional series on entrepreneurial women giving back to their communities.
In June, the Women Presidents’ Organization put on a nationwide event that brought together women entrepreneurs and elementary-age girls in 11 cities from Phoenix to Toronto, all to play the game Cashflow for Kids. WPO members served as facilitators, and mentors, helping the girls learn lessons in financial literacy.
Sharon Lechter–co-creator of the Cashflow game, co-author of Rich Dad Poor Dad and longtime WPO member–was delighted to see her vision in action at the event at the Sam’s Club in Secaucus, New Jersey. Encouraging the women entrepreneurs of tomorrow and teaching girls is her passion, says Lechter. “In school, kids are trained that there’s one right answer, which closes minds and stifles entrepreneurship.”
Read the entire article at Entrepreneur.com…
Filed under: News
I have heard of cost segregation studies being done on Resi. R.E. investment prop. It’s fascinating to know about, but how does it work a - z ? ( Chattel appraisal )
Is it worth having done on all investment property; condo’s up thru multi.
Sincerely,
TERRY
Cost segregation allows a property owner to identify the personal property assets that are grouped with or within real property assets and to separate them for tax reporting purposes. It shortens the depreciation time, which allows for a greater depreciation deduction resulting in lower current income tax liabilities. Personal property includes a building’s non-structural elements (ie. kitchen cabinets), and indirect construction costs.
There are qualified professionals who can perform these studies for you. As a practical matter and for cost vs. benefit purposes, I typically consider cost segregation for properties valued over $500,000. Please consult with your tax advisor to determine if you can benefit from cost segregation.
Thank you