Few people would expect a book about taxes to take The New York Times bestseller list by storm, but that’s exactly what The Fair Tax Book has done. For decades, Americans from every point on the political spectrum have moaned about April 15th and the maze of ridiculous instructions and high confiscatory taxation that accompanies […]
Tag Archives: taxes
Tax Foreclosures Property Investment Could Be A Nightmare Investment
The term “Tax Foreclosures” is a legal procedure or process that is expected to occur if a buyer defaults on a loan or the taxes applicable on the property, which he lends for mortgage. The lender or lending institution takes back the hold of the property because of irresponsibility of the borrower in paying off […]
Budget For Closing Costs Property Taxes Legal Fees And Such
You probably spent a good bit of time getting disciplined to save money for your home purchase. You need to carry this financial discipline through the escrow period or you could run into problems. Budget for Closing Costs – Property Taxes, Legal Fees and Such When you decided it was time to purchase a home, […]
4 Dangers In Flipping Real Estate
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only. If you hope to “flip” the property there are 4 things you must be […]
Refinancing Real Estate Investments
Why should you consider refinancing real estate investments instead of selling them? Maybe you’ve owned a rental property for years, you’ve paid down the mortgage, the value is up, and you want to cash in on that equity. You will do better to refinance. Here’s why. There are two problems with selling. First, selling means […]
Must Known Facts About Tax Liens
A tax lien is a legal claim filed in court by a government agency against a person or business owing taxes. Tax liens normally attach to money or property to pay the taxes. A list of tax liens properties on which the taxes has not been paid are kept at the county courthouse along with […]
Home Finance 20 Questions For Your Lender
Warning! Home finance has blossomed into an incredibly diverse and complicated industry. This is good and bad. There are at least a hundred ways to borrow the money for your next home now. There are also dozens of ways for lenders to take advantage of you, from hidden charges to prepayment penalties and more. Let […]
Why Own A Home Instead Of Rent
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages. About 10 year ago a had a retired aunt and uncle who rented a condo in Las Vegas. Uncle Jim (not his real name, but that’s what I’ll call him) was a […]
5 Major Reasons Why You Should Buy A Home Instead Of Rent
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages. About 10 year ago a had a retired aunt and uncle who rented a condo in Las Vegas. Uncle Jim (not his real name) was a retired minister. Throughout his career he […]
Figuring Out Whether You Can Afford That Home
House hunting can be a brutal affair, particularly if you don’t know what you can afford before hand. No your price range in advance and you can avoid looking at really nice homes you’ll never get. . Mortgage – Monthly Payments The biggest costs associated with owning a home is the mortgage. Unless you are […]
Closing Costs When Purchasing A Home
Buying a home is a financial strain if you are making a sizeable down payment. This can lead to problems if you forget the hard, cold cash you will need for closing. Closing Costs When Purchasing A Home Everybody looking to purchase a home no doubt wonders what the average closing costs will be. It […]
Putting Your Estate In Order
Estate planning for business owners. For business owners, an effective estate plan addresses a number of concerns over and above the desire to care for surviving family members. Control over who will run the business, conservation of the owner’s assets in the face of legal expenses and taxes, and the liquidity to pay estate taxes […]
Foreclosure Business With Its Incredible Outcome
Foreclosure is a legal proceeding by which the county enforces payment of real property taxes. The county acquires legal title to a property if the taxes aren’t paid by a certain date. Generally real property is normally subject to foreclosure three years after the taxes become delinquent. List of all the properties on which the […]
Preparing For 2006 Getting Your Legal Life In Order
As we wave goodbye to 2005 and charge into 2006, it is time to get your house in order. This is particularly true for the legal issues in your life. Legal Planning As drab as it may seem, legal planning can help you avoid disasters in your life. With the turn of the calendar, now […]
Preparing For 2006 Getting Your Legal Life In Order
As we wave goodbye to 2005 and charge into 2006, it is time to get your house in order. This is particularly true for the legal issues in your life. Legal Planning As drab as it may seem, legal planning can help you avoid disasters in your life. With the turn of the calendar, now […]
Is Offshore Banking Just For Crooks And Conmen
Is offshore banking just for crooks and conmen? Well, let me put your mind at rest and say, no. An offshore bank account is simply a bank account in another country. Some people have them because they were born there. Some have them because they do business abroad. Some have them because they want to […]
What Are Some Key Legal Aspects Of Starting A Business
When starting up a business, there are some important legal matters that you’ll have to deal with, no matter how much you’d love to just dive in and get started. However, if you neglect these legal steps, you’re going to find that maintaining the business down the road becomes much more difficult, and in some […]
Self Employment Tax Rules For Fiscally Challenged
Even as your enthusiasm about finally making some money in your home based business is beginning to build, in the back of your mind the nagging worry about the tax ramifications that your sudden income will generate cannot be denied. Sure, you probably read up on tax liabilities, but more than likely with an eye […]
To Pay Or Not To Pay Why Ask The Question
No one likes them, and yet everyone (who wants to stay out of prison) pays them. They help CPAs make a living, and they force everyone else to work harder. Taxes affect everyone. Without them we would have roads like those in most third world countries. Thus we can all recognize the value of tax […]
Common Tax Concerns
Let’s face it, taxes are complicated, especially if you own a small business. Read below about tax concerns to avoid some of the most common pitfalls experienced by small business owners today. As your business grows, you will probably need to hire employees. Some of the most common tax concerns involve employee tax issues. When […]