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Real Estate Investor Creates Free Automatic IRS Log Creator Just In Time For April 15th

Houston, TX (PRWEB) March 13, 2008 -- Mylifechanger.com a website dedicated to mentoring beginning and intermediate investors on how to retire off of single-family, foreclosed real estate, recently announced the release of their web application, the Automatic IRS Listed Property Log Creator (http://www.mylifechanger.com/irslog/first.asp).

"If you have a small business, such as having rental properties, you can expense or depreciate certain items called Listed Property," says Phillip Guerra, DO, an anesthesiology resident and co-manager of Mylifechanger.com. "The problem is that to take advantage of these tax benefits, you have to keep a log of the use of such items which is very burdensome. With our new web app, users can easily create a log in seconds for the entire year."

Although the website claims the program is for "educational use only," users will find it easy to cut and paste the output of the program into a word processor or spreadsheet which Dr. Guerra strongly cautions against.

"We try to make your life easier at mylifechanger.com. So please don't abuse the power of the new web application. It is really for educational use only," says Dr. Guerra.

About Mylifechanger.com:

Mylifechanger.com, is a company that mentors and teaches others to analyze, buy, and rent out foreclosed, single-family properties, offers weekly emails of foreclosed properties for sale, and provides Buyer Agent representation.

Contact:

Ana Castano, Realtor

http://www.mylifechanger.com

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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