Cash Flow With Joe


by | Jan 6, 2016 | Lonnie Deals, Videos | 0 comments

What is the difference between an asset and a liability. It is simple. Assets put money in your pocket. Liabilities take money out of your pocket.

Are houses assets or liabilities?

The answer is they can be both. Here is an example of the same house being an asset to one person, but a liability to another.



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