06-14-2016, 01:42 PM
Assets do cost money to maintain. For example a rental property may be rent - mortgage - repairs and management = profit. This asset generates cash flow. Your personal home or car do not generate cash flow so they are considered liabilities.
MA in progress
Certificate in the Study of Capitalism - University of Arkansas
BS, Business Administration - Ashworth College
Certificates in Accounting & Finance
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS
Certificate in the Study of Capitalism - University of Arkansas
BS, Business Administration - Ashworth College
Certificates in Accounting & Finance
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS