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Josh and Abby Ballard and their 8-month-old son, Grayson, moved into a manufactured home in Grand View Village in southwest Cedar Rapids. The Ballards are first-time homebuyers, qualifying them for a federal income tax credit equal to 10 percent of ...

Manufactured homes eligible for $8,000 tax credit - Cedar Rapids Gazette

HARTFORD — - A veteran council member thinks the city should publish names and last known addresses of tax deadbeats to help track down people before removing their accounts from the active tax rolls. Veronica Airey-Wilson, on the council for the ...

Behind On Your Taxes? Soon Your Neighbors Might Know About It - Hartford Courant

NEW YORK -- One of the big mysteries in the chaotic days following Michael Jackson's death was whether he left behind a will. After initially stating the entertainer likely died without one, the superstar's family reversed course and produced a 7 ...

Will or trust? Understanding the differences - News-Democrat

Fractional Ownership has been around a long time, especially in the USA where it is a multi-billion dollar industry, but most people in Costa Rica are just becoming familiar with this approach to buying and owning property. It is a very simple and ...

Fractional Ownership – A New Way To Own Property in Costa Rica - Inside Costa Rica

WE'RE closer to China than you might think: the way Kevin Rudd's stimulus package is succeeding, it would put anyone in Beijing's upper ranks to shame . Perhaps it is appropriate, then, that it was Kim Carr — the Industry Minister and left-wing ...

Spending big as jobs go a recipe for disaster - The Age

So how do the hundreds of millions of dollars in the Tulare County Employees' Retirement Association fund get turned into investments in stocks and bonds, hedge and income funds and real estate such as an office building in Texas? For the most part ...

How employees' retirement fund is invested - Visalia Times-Delta

Linda Kaczynski, 68, and her husband Frank, 71, stand near their mailbox, adorned with a porcelain bunny, inside the well-kept Club Wildwood mobile home park for seniors. HUDSON — Linda Kaczynski has seldom seen an empty lot at Club Wildwood, the ...

Bucking bleak trend, some Pasco County mobile home parks retain ... - St. Petersburg Times

The City of Pensacola is scrambling to borrow $40 million for the Community Maritime Park. An unstable municipal bond market is making it difficult. If the bonds are sold, the money will go for site preparation, a public park and a stadium. The ...

Bonds, borrowing are no bargain for city taxpayers - Pensacola News Journal

WHEN Treasury secretary Ken Henry called a conference of academic tax economists to get advice for his inquiry into Australia's future tax system, one issue found much agreement: the evil of conveyancing duty. When real estate changes hands, state ...

Land tax reform rehouses a flawed focus on rational - The Age

Home Buyer Seminar - Avoid Costly Mistakes When Buying a Home - Learn About the $8,000 Tax Credit: Sponsored by Exclusive Buyer Realty Inc and Principal Financial Group. 5:30 p.m. July 7, 14 and 21. Principal Financial Group, 120 Corporate Woods ...

Real Estate Tax Search Links

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Resolved Question: What is the real reason for California's financial problems?

I came across this article here on Yahoo. The real problem is that after Californians approved this, they kept putting the Far Left Loons in charge of the government and those Far Left Loons kept increasing spending which worked ok during the boom years but when the boom ended and revenues started to drop they refused to cut spending. With California a day away from issuing IOUs instead of paying its bills, Gov. Schwarzenegger and the legislature remain at odds over how to close a now $26.3 billion deficit. Schwarzenegger on Thursday ordered a third unpaid furlough day for 235,000 state employees. With its $1.7 trillion economy sputtering and 11.5% unemployment surging, California's difficulty in balancing its budget could affect the national recovery. But the Golden State's budget problems are hardly new. The seeds of them were planted more than 30 years ago. They begin with the 1978 property tax revolt and the victory of Proposition 13. As California experienced a dramatic escalation in home values, property tax assessments skyrocketed. Especially vulnerable were seniors on fixed incomes. When then Gov. Jerry Brown and the legislature dithered, conservative activists led by Howard Jarvis put a seductively simple sounding proposition on the ballot. Under Proposition 13, the annual real estate tax on a parcel of property would be limited to 1% of its assessed value and this assessed value would only increase by a maximum of 2% per year, until a change in ownership. Voters responded and Proposition 13 scored a dramatic victory with 65% of the vote. Property tax rates dropped an average of 57%. While homeowners celebrated, city, county and school district officials sat in stunned disbelief. There were predictions of drastic cuts to education and social services. But the ax did not fall as Sacramento, flush with a multibillion-dollar surplus, bailed out local governments and the schools. But the state rescue was accompanied by a loss of local control. As a result of Proposition 13, school districts, county governments and cities were forced to compete with state priorities for a slice of the state budget. "In the first years after Proposition 13 passed, the state was able to get by because it had a surplus," says David Menefee-Libey, a political scientist at Pomona College. "But because the state is now responsible for funding local government and school districts the demands on state resources became too great. The second strategy followed by [Governors Gray] Davis and [Arnold] Schwarzenegger has been to finesse the fiscal crisis by using budget gimmicks and by borrowing to bridge the yearly budget shortfall. Now both options are exhausted." Proposition 13 has proved to be a two-sided sword. "One side was to protect the people from the government suddenly and wildly raising property taxes," says Bob Hertzberg, a former Assembly Speaker and co- chair of California Forward, a bipartisan reform group. "That was done. But we didn't resolve how to pay for the services that people want. So we have created this crazy government structure in Sacramento held together by duct tape and bailing wire. It's not coherent and needs to be changed." Proposition 13 further altered California politics by requiring a two-thirds majority for tax increases either at the state or local level. This requirement along with a constitutional provision requiring a two-thirds majority to pass a budget - the result of a proposition passed in 1933 - means it is far more difficult to raise taxes or pass a budget in California than in other states. For more than 30 years California has been living with a system of minority rule in which 34% of the legislature or a local community can stonewall the majority. Facing this post-Proposition 13 system, California's various interest groups have increasingly used the ballot box to protect themselves - but by so doing have mandated budgetary havoc. For example, pre-Proposition 13, California public schools were among the finest in the nation. After Proposition 13, education spending per pupil dropped to 48th in the nation. The state's educators and parents then rallied behind Proposition 98, which by a complex formula apportions roughly 40% of the state budget to K-14 education. In the past three decades, other special interests have authored - and voters have passed - numerous ballot measures dictating that millions in state funds go to various pet causes. Many of these measures, including a preschool initiative sponsored by Schwarzenegger in 2002, mandate a program but fail to provide a source of funding. Each proposal alone might have merit, but collectively these ballot measures have locked most of California's budget in place. "Gradually, the voters' piecemeal decisions have bound the legislature in a straightjacket," says Thad Kousser, a professor of political science at UC San Diego. Similar to the Red vs. Blue state clash in the nation as a whole, th more

Open Question: On property taxes when will...?

On Property taxes it says - Real Estate Values Represent 2009 Preliminary Values. When will they represent 2009 Actual Values??? more

Open Question: Help with New York State Tax Lien Laws!?

Anyone have a link to a webpage or place I can find out more about tax lien laws, and Real Estate Laws, for New York (NOT NYC, Yonkers, etc) preferably regarding MONROE COUNTY, NY more

Open Question: how does a real estate agent show income on taxes ?

Please advise if you know, and also any related articles in website please advise. Thanks in advance. more

Open Question: In Calif, is filing an abstract of judgment the same as placing a lien on a debtor's property(real estate)?

I won a judgment of $1500 in small claims court and the deadbeat debtor hasn't paid (no surprise, the IRS and state tax collector have liens on him). Any suggestions you might have will be appreciated. more

Open Question: Need Professional Real Estate Law Help - NY (not NYC/Yonkers)?

Since I've had several responses, most out of State. I am looking for a Real Estate Professional, or Lawyer to help answer my question. I need someone from NY to assist me. The county involved is Monroe County. I am interested in a property that currently does NOT have a mortgage, its 100% paid for. My dilemma is that the house has back taxes on it. 2007 is currently held by a third party, and 2008 is delinquent and held by the county. I know the person will not be able to pay the taxes. I would like to know how to legally obtain the property, before it gets foreclosed, or seized by the town/county. The house is not for sale, and I don't know how to approach the situation. I can disclose more information if someone can provide me credentials Aparently you people don't understand. I want to find out how I can offer to purchase the house from the owner. My last few postings, people actually paid attention that I wanted information from Real Estate Professional, not some person off the street who thinks they know the answer. The more common answers I get, the farther I'll get with it. more

Open Question: I have interes in a house that owes back taxes, its not up for sale or foreclosed. How do I acquire it?

This is a Real Estate Legal Question - So if you are not licensed in Real Estate or Real Estate Law, please do NOT respond. Situation: I have an interest in a property, that was handed over to the individual, before the original owner had passed away. Currently she occupies the home. She does not maintain the home nor does she pay to have someone maintain it. The neighbor, out of what I believe is kindness, or they are fed up, mows the lawn for her. She is currently unemployed, and has personal issues, that I can not get into. She recieved the house as a "gift" in 2006. She has failed to pay any of the taxes on the property since 2006. Which I believe the Monroe County Social Services has something to do with a "mortgage" on the home, which the home itself has been paid off since it was new. Recently her son, whom she has no relationship with, paid 1 year worth of back taxes. I followed it and currently 2007 and 2008 taxes were sold to a third party company. Her son, neither her would be able to save the property. The reason why I am enlisted in Craigslist, is for some legal information. I've researched it slightly on how to approach it. I am very interested in the property, it has sentimental meaning for me as well. I need to now how I can legally obtain it, and save it from being foreclosed and probally torn down for new development. Structurally I believe the house is solid, but it needs a new roof, paint job, driveway, garage door, carpeting, bathrooms, basement needs to be worked on. Its not a complete move in ready home, either. Its property value probally has declined $40,000.00 in 3 years. When e-mailing please provide the company, or accreditations you have regarding this type of matter. Thank you more

Voting Question: Process of selling real estate property if it has a fraudulent loan?

A property owner hires a realtor to sell a condo. The realtor tells the owner that records show a deed of trust for a loan. The owner says he was not aware of this loan and it is definitely not his (it is fraudulent). 1.Is the realtor allowed to list the property anyway? 2.If the unresolved alleged/fraudulent deed of trust problem delays the close of escrow and therefore costs the seller money (seller paying mortgage + property taxes for an empty property and realtor says renting it out temporarily may violate the contract because the property should be empty 5 days before escrow closes) (and nobody knows how long before escrow closes), is the realtor not liable for any of these costs? Escrow is ready to close except for the fraudulent loan problem. Escrow offers to close escrow and hold the $ amount of the alleged/fraudulent loan for 8 days, or the title company will hold it for 30 days (or escrow offers 30 days and title company offers 8 days) while the seller and lender come to an agreement on whether the money is owed. The seller asks escrow what happens to the $ if that many days passes and there is no agreement. Escrow says the $ goes to the lender. Therefore, the seller refuses this option. Then the realtor, the broker, escrow, and the buyer’s agent all tell the seller that because the seller is refusing this option, the seller is holding up the close of escrow and therefore violating the contract. The seller’s realtor informs the seller that both realtor commissions are now due. The buyer’s agent files for mediation – seller does not know for what yet. After some time, seller ends up hiring a lawyer and alleged lender agrees to have $ in question placed in a separate account with the attorney. Escrow closes. 3.Does seller have less chance of getting her money back because the issue will be resolved after escrow closes? And if so, would the seller’s agent, the seller’s broker, and the escrow company have any liability for telling the seller she needs to close escrow before resolving the alleged/fraudulent loan problem? I am the seller. I was not aware the deed of trust (lien) existed before the realtor informed me. It is absolutely fraudulent. Then alleged lender is the loan officer I used in 2003 for 3 real estate purchases. He put the lien on the first property months it had already closed. At the time he put the lien on the property, I was in escrow with another property which I signed loan doc's for and was told I'd get copies of but never did because the price of the property changed during escrow and i had to sign all new doc's. It is absolutely fraudulent, and I feel like my only option is to sue the loan officer and hope to win. He is a very bright man and I'm pretty sure will have the whole story covered from beginning to end including any doc's needing my signature. Just a side note...I have asked him twice (for a copy of the front and back of the check that he says I cashed at his bank on a certain date. He has not responded to my emails... Is it possible that someone could pose as me and get away with forging and cashing a check for over $20 thousand dollars? If so, are there any other records I can get to help prove I never got that check? Thank you for your valuable feedback. Escrow has closed and the disputed funds have been set aside in a separate account. The alleged lender now has an address out of state. Wow. I never thought something like this would happen to me. more

Open Question: What is the "FIRE YOUR BOSS! $20-$60K a month!" about?

I have seen these everywhere. most of the time these things are a gimmick on late night TV infomercials, but this one has billboards on the freeway, radio advertisements on prime time and more. Also, from my experience these entail doing something with real estate, (tax leans, foreclosures, etc.) It is a big yellow sign with black text. I just wondered what this usually entails. please, I don't need smart A** comments or people smirking. I just want to know what this is about without the sales pitch from the company. more

Voting Question: Tax on gift money in canada?

Ok my Father runs a business and he wants his profits / savings to be in safe hands so he wants to send me his savings every year which is around 35-40K US$ to my name/account here in Canada. Now, I have following questions 1- I know GIFT money is not taxable but can he send me this much amount every year and will Canadian Government will not raise any issues with this seeing that this amount is coming to me every year ? Is there any limit on number of times gift money can be sent. 2- Can i get house mortgage in Canada since I am planning to invest this money in real estate and will pay the money as down payments. Please advise and share your ideas as soon as you can. Thanks MH more

Voting Question: Which states have Personal Property Taxes?

I live in Iowa and know they don't have it. I also lived in Ohio, and idk if things were different since we were military but we only paid real estate property taxes like in Iowa. more

Voting Question: First time home buyers benefits expire if you buy a house and don't use them in your first purchase?

I am lending my credit to a Someone to buy a house for her use, I will be paid $5,000 (hopefully) I am not at all familiar with the home buying process but I wanted to buy my own here in Miami taking adv of the situation and the $. 8000 tax credit put in place by the Obama ad. I am afraid I will lose more than I will win with this negotiation even if I am able to claim the $ 3,500 or so tax cr since I ll be a single person buying the house even though the house is $130,000. My friend is a real estate agent she insures me that She wil keep me on the title for 3 years so I comply with one of the coditions of the tax crdt and that she will not use any of the benefits available for first time buyers and this way I could use them afterwads she says that those benefits could be use for anybody even if already purchased a house before and who is not in title anymore. I don't know how much of this is true and even though I need the money badly I would not want to jeopardize my benefits along with peace of mind in the 30 years after I end up buying my own with maybe higher interest rates or riskier loans or anything related to this transaction kind of favor I am doing here. Please advise me more

Resolved Question: When will Republicans cause the next Recession?

I've been working and paying taxes since the 70's. I've seen Reagan's 1982 Recession (the worst one before Bush's in 2008), GHW Bush's real estate and bank collapse in 1989, and now Bush's economic collapse and resulting recession. When do you think a Republican will get elected to the White House again? I love how Democrats always cause recessions when Republicans are in office (we're just sneaky that way!) Lol! "Bloodbath" - you're right. They've been taking credit for Clinton's balanced budget and blaming him for the current collapse - lol! (It just boggles the mind). Boomer - you mean Clinton and Carter who DIDN'T have Recessions? more

Resolved Question: OK he's got banks, insurance, now he's going after energy and health, NEXT is your savings/retirement..How do?

you suppose he'll get that and your real estate? I think he'll start by taxing the hell out of your savings, this after the severe dollar devaluation to steal MOST of it, as well as his proposed national real estate tax, and if you can't pay you just have to give it over to the government, or deed the property upon death (or before?) until they own everything. That's the marxist way! No private property in Cuba! Blue you know education helps even with your retardation. Marsha: I think you're right on the mark. more

Open Question: Why can't real estate purchase in Nov. 2008 be included for tax rebate?

I am first time home owner. In november 2008, i purchased co-op Apartment in New Jersey. However, when I was doing my taxes for 2008, it wouldn't include the purchse as being eligble to write off on the 2008 taxes. I'm confused because I purchased the place in Novemebr 2008. Its still that year but apparently, there's a cutoff? I assume I get to include the place i bought in november 2008 for the 2009 tax year? Is that right? Would that mean I am eligble for $8k real eastate rebate? Thanks for taking time to help me. more

Resolved Question: Why would some people say New York City isn't a good place to raise a child?

I'm not sure who drew up these weird rules of what the ''ideal'' place to raise a child is. I'm not saying every city is ideal, but not every suburban or rural place is exactly either. One thing I always hear over and over is safety. Unless someone believes what they here in Hollywood, they'd realize cities like NYC, Boston & Chicago are very safe. Someone doesn't have to be a cop to know how to read crime indexes rather than newspaper blogs and let in sink. New York City is ranked the 136th safest city with populations of at least 100,000, tied with Boise, Idaho. I hope that's not ''intimidating.'' Brooklyn is tied with Hartford, CT, a college town. You could see the links and sources provide on Wikipedia. You may not own real estate (you may rent) or own an apartment with little property (therefore, low property taxes). You'd be able to afford private school (if that's your preference). You wouldn't need to own a car (helping save on not paying car insurance, car loans, wear and tear, gas, ect.). If you were from a suburb in Northern Jersey, if you opt'ed for the city instead you wouldn't have to pay ridiculous property taxes. You'd have a cheap commute to work. Even if people have less children because of expense, there'd be so many children living in such a close proximity that they'd meet other kid's as opposed to setting up ''play dates'' on a cul-de-sac. There's pros and cons to everything. Besides space though (if that's what someone desires - although it'd be more costly), everything seems to be leaning into the favor of the city. They'd be able to get around as a teenager without you having to chauffeur around everywhere. Wouldn't it be more ideal to be able to see lots of different cultures first hand? Now just people from all over the world, but all over your country too. 85 percent of people don't look the same. Not everyone comes from the same background. You mention ''creeps.'' On a suburban cul-de-sac, when no one's outside, if a couple of kid's are out on the street and a guy in an Ice Cream Truck asks them if they want to jump on there's a chance no one will see. With people around everywhere - not to mention a higher cop-to-person ratio, it'd seem like those ''creeps'' would have a much less likely chance of getting away with it. Terrorist attacks is a legitimate concern, but if you were to live in a suburb and commute to New York City, like so many do, the parents would be equally as vulnerable. If it were biological, everyone in the city and nearby suburbs would be screwed. Ironically (and I say that due to higher stress level and pollution), New Yorkers (or New York residents) average a life expectancy of 2 years above the average of the country. People have closer and quicker access to hospitals, doctor offices, clinics, ect. There's also a larger variety of foods at different stores within walking distance of where you live You'd also be more custom to walking everywhere which provides exercise. You wouldn't be lonely and would have a better chance of meeting someone too. more

Resolved Question: LLC Tax Question, please help?

I own an LLC (real estates) and is considering purchasing a restaurant with funds from my LLC. How do I file tax returns considering there are three tax entities. more

Resolved Question: I am looking for an "unattachable" asset, but something better than cash.?

I have a somewhat psycho ex-wife and 2 kids with her. I have spent the better part of 5 years of hell, in and out of courtrooms, alleged criminal behavrior (arrests and all that). I am just now getting out of debt and may actually have a few pennies to rub together. I am 42 and make decent money. Anything that is titled or taxed (vehicle or real estate) or is an "account" (CDs, savings, checking, retirement accounts) is also something that a lawyer can get his hooks into. All they have to know is that it exists. So I am resigning myself to not seeing a lot of growth until she dies of her various diseases. Yeah, I can hold green cash, but I am very unsure of that losing a lot of value over the next 5-10 years because of inflation. I am down to buying Euros or maybe stockpiling some easily traded commodity, like oil, which won't spoil forever. I don't really want to buy precious metals, since you can't eat those if the world goes to s****. I have access to very large acreages to store stuff (large rancher in KS). Call me paranoid, but I've seen the absolute worst of people and lawyers recently. Thanks in advance for your ideas. more

Resolved Question: I am negotiating a commercial lease on an office in NYC. Help me re: "escalation" clauses.?

In negotiations, the landlord is proposing two escalations. The first is the CPI (consumer price index) and the second is the real estate taxes. I am thinking of proposing that I accept the CPI increases but not the real estate tax escalation. Would I be correct in proceeding this way? more

Resolved Question: How is the Las Vegas real estate market?.?

Looking to change careers and get into real estate. With the prices and loan rates so low, plus the tax rebate I would think business would be getting better. What could I expect in the next year or so? Thoughts? more

Resolved Question: Are Commercial tentants responsible for property tax in NYC, even if they don't occupy entire building?

I rent space that is very large but we don't occupy the whole building am I required to pay part of the real estate property taxes? more

Resolved Question: My RE agent said that once I buy a house I can claim more on my W4 which can make me more $. How do I do this?

I just bought a house this year in 2009. My real estate agent told me that by buying a house i'll be able to claim more on a w4 form. This will allow me to take home more pay on my paychecks. I spoke with a Tax consultant on some other issues and then I brought this up. She said I can't do this yet. I dont have much faith in this tax lady. Can someone advise me on this. more

Voting Question: How will the new real estate tax law affect my tax deduction if I rent out my primary home for 1 year?

I bought a house in Feb 2009, moved into it for 4 months. Now I'm planning to rent it out for a year. After that, I'll move back in. After 2 years, if I sell it and make a profit, how will the 1 year rental affect my tax deduction? more

Resolved Question: Im hoping a real estate or tax person can help me out with a question I've got?

I purchased a repo home in December last year with cash while going thru some marital issues. The home needed to be pretty much completely overhauled. In March, I moved in full-time. My husband and I have not legally seperated or filed for divorce and are thinking about trying to sell or rent the house out just because of the double expenses (utilities, cable, etc) we're paying now as we're still pretty civil with each other. My concern is how the tax situation will turn out since we didnt legally do anything and now for all intents and purposes just look like we have two houses. Cant mortgage it yet since it hasnt been long enough. Concerned about the capital gains tax if we sell since it's not been two years and isnt really even considered my 'primary' legal residence without being divorced or seperated. Any advice or links that may help with this would be greatly appreciated. more

Voting Question: Future to be a Tax Preparer Am I correct?

• Brenda James is not married and lives with her two children, Paul and Emily. The children lived with her the entire year of 2008. Brenda and her children have not had any contact with Paul and Emily’s father since 1995. • Brenda provides the entire cost of maintaining the household and all the support for the family. • Emily and Paul are both high school students and have no income. • Brenda has never itemized her deductions and will not itemize for 2008. • Brenda did not pay any real estate taxes in 2008. • Brenda does not want to designate $3 to go to the Presidential Election Campaign Fund. • If Brenda is due a refund, she wants the check mailed to her. • Brenda is an office clerk. • In June 2008, Brenda received an Economic Stimulus Payment of $900. What information did the volunteer fail to enter from Form 1099-DIV? a. Ordinary dividends b. Qualified dividends c. Capital gain distributions d. All are correct my answer is D Which of the following credits does Brenda qualify for, but was not included on her return? a. Earned Income Credit b. Child Tax Credit c. Recovery Rebate Credit d. Additional Child Tax Credit My answer is A If Brenda changes her mind and chooses to direct deposit her refund, what information below is not required? a. Name of the bank b. Bank account number c. Routing number d. Type of account My answer is A Which item from Form W-2 was not entered on Form 1040? a. Dependent care benefits b. Social security tips c. Advance EIC payment d. Wages My answer is A Thank you more

Resolved Question: Are you feeling taxed over taxes?

Tax his land, Tax his bed, Tax the table At which he's fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax his work, Tax his dirt.. Tax his tobacco, Tax his drink, Tax him if he Tries to think. Tax his cigars, Tax his beers, If he cries Tax his tears. Tax his car, Tax his gas, Find other ways To tax his a__. Tax all he has Then let him know That you won't be done Till he has no dough. When he screams and hollers, Then tax him some more, Tax him till He's good and sore. Then tax his coffin, Tax his grave, Tax the sod in Which he's laid. Put these words upon his tomb, ' Taxes drove me to my doom....' When he's gone, Do not relax, Its time to apply The inheritance tax. If this isn't enough, there's more... Accounts Receivable Tax Building Permit Tax CDL license Tax Cigarette Tax Corporate Income Tax Dog License Tax Excise Taxes Federal Income Tax Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax (42 cents per gallon) Gross Receipts Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges IRS Penalties (tax on top of tax) Liquor Tax Luxury Taxes Marriage License Tax Medicare Tax Personal Property Tax Property Tax Real Estate Tax Service Charge Tax Social Security Tax Road Usage Tax Sales Tax Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Taxes Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Taxes Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago, and our nation was the most prosperous in the world. We had absolutely no national debt, had the largest middle class in the world, and Mom stayed home to raise the kids. Opinions? (I didn't write this by the way but I thought it was worth posting.) more

Voting Question: question about 2009 first time homebuyer tax credit?

We just recently bought a house, according to our real estate agent, we should receive the $8000 in a check from the irs 4-6 weeks after closing, we've already filed it with the irs. But, is that right? Or do we have to wait for it with our income tax? BTW--we live in TX. We have already sent in the 5405 form to the irs to claim it on 2008 taxes. more

Voting Question: Are there any real estate investors willing to structure a rent to own home purchase deal for me in SJ?

I'm a South Jersey native looking to relocate after being away for many years. I need help with financing (ie. rent to own) until I can get divorced, raise my credit score and get income stable from my own business. I was a real estate agent in NJ and a mortgage broker in WA. Looking for someone I know to help me with a property that just sold as a tax lien in April 2009 in Pennsauken. Contact me at joyreiki@windstream.net more

Voting Question: What does SEV stand for?

So I was applying online for a home loan and it asked this question... "What do you estimate the annual real estate taxes will be for the property you are looking for?" So I went to a property tax estimator online... and it asked me to enter... "1. For future owners, enter the SEV. To estimate property taxes paid by the current owner, enter the taxable value:" What is SEV?1 more

Resolved Question: 1st time buyer credit w/owner financing?

We are purchasing a home. It is our first home and the papers will be finalized this week. On next year's income tax return, can we get the "1st time buyer" home credit since the owner of the home is doing all the financing for us? All of our paperwork states "sale of real estate" and even our insurance company is requiring us to have home owners insurance instead of renters insurance (like as if it were a rent-to-own option with the home). Thanks! No, these people are not related to us more

Resolved Question: Is it inappropriate to contact a home owner (seller) directly when buying a house?

Found a house through a real estate agent that represents me. I found the contact information of the owner through through the tax records. I wanted to contact him to ask him about some details of the house. Is there anything wrong with doing this? Would the real-estate agent be upset about this if he found out? more

Voting Question: First time home buyer tax credit and HUD 100 down payment using the tax credit?

I would like to know if you are a first time home buyer and you are going to use HUD's $100 down payment promotion, can the first time home buyer tax credit be used towards the closing cost? Please make your answer in simplest terms because I do not understand real estate or mortgage lingo that well. more

Resolved Question: Do you agree or disagree with this letter to Congress?

I was searching the internet the other night and came across this letter that was written to Congress members, but I don't know who it is from. I thought it was a well written letter and I support a lot of the points this person made in it. I'm just wanting to know what you guys think about it. I think if more people read it, then it might open up their minds about how the US Government is trying to manipulate us. I know it's kind of long, but it's good. Anyways here it is: Well, these are briefly my views and issues for which I seek representation: One, illegal immigration. I want you to stop coddling illegal immigrants and secure our borders. Close the underground tunnels. Stop the violence and the trafficking in drugs and people. No amnesty, not again. Been there, done that, no resolution. P.S., I'm not a racist. This isn't to be confused with legal immigration. Two, the TARP bill, I want it repealed and I want no further funding supplied to it. We told you no, but you did it anyway. I want the remaining unfunded 95% repealed. Freeze, repeal. Three: Czars, I want the circumvention of our checks and balances stopped immediately. Fire the czars. No more czars. Government officials answer to the process, not to the president. Stop trampling on our Constitution and honor it. Four, cap and trade. The debate on global warming is not over. There is more to say. Five, universal healthcare. I will not be rushed into another expensive decision. Don't you dare try to pass this in the middle of the night and then go on break. Slow down! Six, growing government control. I want states rights and sovereignty fully restored. I want less government in my life, not more. Shrink it down. Mind your own business. You have enough to take care of with your real obligations. Why don't you start there. Seven, ACORN. I do not want ACORN and its affiliates in charge of our 2010 census. I want them investigated. I also do not want mandatory escrow fees contributed to them every time on every real estate deal that closes. Stop the funding to ACORN and its affiliates pending impartial audits and investigations. I do not trust them with taking the census over with our taxpayer money. I don't trust them with our taxpayer money. Face up to the allegations against them and get it resolved before taxpayers get any more involved with them. If it walks like a duck and talks like a duck, hello. Stop protecting your political buddies. You work for us, the people. Investigate. Eight, redistribution of wealth. No, no, no. I work for my money. It is mine. I have always worked for people with more money than I have because they gave me jobs. That is the only redistribution of wealth that I will support. I never got a job from a poor person. Why do you want me to hate my employers? Why what do you have against shareholders making a profit? Nine, charitable contributions. Although I never got a job from a poor person, I have helped many in need. Charity belongs in our local communities, where we know our needs best and can use our local talent and our local resources. Butt out, please. We want to do it ourselves. Ten, corporate bailouts. Knock it off. Sink or swim like the rest of us. If there are hard times ahead, we'll be better off just getting into it and letting the strong survive. Quick and painful. Have you ever ripped off a Band Aid? We will pull together. Great things happen in America under great hardship. Give us the chance to innovate. We cannot disappoint you more than you have disappointed us. Eleven, transparency and accountability. How about it? No, really, how about it? Let's have it. Let's say we give the buzzwords a rest and have some straight honest talk. Please try please stop manipulating and trying to appease me with clever wording. I am not the idiot you obviously take me for. Stop sneaking around and meeting in back rooms making deals with your friends. It will only be a prelude to your criminal investigation. Stop hiding things from me. Twelve, unprecedented quick spending. Stop it now. Take a breath. Listen to the people. Let's just slow down and get some input from some nonpoliticians on the subject. Stop making everything an emergency. Stop speed reading our bills into law. I am not an activist. I am not a community organizer. Nor am I a terrorist, a militant or a violent person. I am a parent and a grandparent. I work. I'm busy. I'm busy. I am busy, and I am tired. I thought we elected competent people to take care of the business of government so that we could work, raise our families, pay our bills, have a little recreation, complain about taxes, endure our hardships, pursue our personal goals, cut our lawn, wash our cars on the weekends and be responsible contributing members of society and teach our children to be the same all while living in the home of the free and land of the brave. I entrusted you with upholding the Constitution. I believed in the ch more

Resolved Question: this is a response from a job post that i have applied and i saw the ad from craigslist.: should i do this?

i also have checked the said address indicated, there is no no. 15, do u think this is bogus?same as the phone number indicated, it says invalid number, this is the response from her. pls help me out Its nice to read from you that you are interested in knowing more about the part time job offer.I am looking for someone who can handle my personal and business errands at his/her spare time. Someone who can offer me these services:Mail services: Receive my mails and drop them off at FedEx,Dhl,Ups(nothing illegal).Shop for Gifts,Sit for delivery( at your home) or pick items up at nearby post office at your convenience.I would love to meet up with you to talk about this job if you will like to work full time.But i am currently away to see my family. I am in Australia so there will be no interview. I will prepay you in advance to do my shopping. I will also have my mails and packages forwarded to your address. If you will be unable to stay at your house to get my mails, I can have it shipped to a post office near you and then you can pick it up at your convenience. When you get my mails/packages; you are required to mail them to where I want them mailed to. You don't have to put money out of your pocket, all you have to do is have packages shipped to your house and do my shopping. You are allowed to open the packages to reveal its content. The content of the packages are computer and electronics, clothings business and personal letters. All expenses and taxes will be covered by me.You will work between 15 and 20hrs a month. How much will you charge per month? I will pay $500. That is not a bad offer is it? I need your service because I am constantly out of town. I work in real estate and I own an Art Gallery,Clothing and Electronics Store in Australia. I will be back to states on August 25th to set-up a store,so this process will be going on till then. If you don't mind, I will meet up with you when I return and then we can talk about the possibility of making this long term. Well, let me know if you are able to handle the position..If you are able to handle it. I will email you the list and pictures of what to shop for when I am ready. No heavy packages is involved! You can do the shopping at Sears, Walmart,Bestbuy,Circuicity,Oldnavy and other stores. You will be shopping for Electronics and clothings.I will provide you my UPS,DHL,FEDEX account number for Shipping. All you have to do is provide my account number to UPS,DHL,FEDEX and shipping charges will be applied into the account. I will provide clear set of instructions for each task I need done as well the funds to cover them. If i were to mail you money order to do my shopping plus upfront payment for your service, where would you want it mailed to? How should your name appear on the money order?I will need the information below, Full Name.. Full Address.. (No P o Box) Phone Number.. I will be expecting your mail soon. NB: Payment will made out to you by Money Order Check Regards Andrea Doty 15 Inkerman Street St Kilda VIC 3182 +613602639721 more

Resolved Question: Can I invest in a house and be qualified for the $8,000.00 tax credit?

Ok so my situation is crazy. I am a first time home buyer, and I found this house on this website from a couple of investors and they are selling the place for $185,000.00 but for investors $167,000.00 I will be on TDY for 6 months starting september to another state and I want to get this house and rent it out for the time being that I will be away. Now the house already has tenants living there, and I told the investor that I want to get the house but have the tenants remain there till I get back from TDY. i wanted to buy the investment price vs the selling price...being that its cheaper..I am so confused as to what to do. Also if I do invest, would i be qualified for the $8,000.00 tax credit? My dad is helping me cause he is experienced but I wanted some opinions from people with real estate expertise. All in all my dad is telling me to get a real estate lawyer n all....but any feedback regarding this situation would help me out a great deal! thank you! more

Voting Question: Help with math work dealing with taxes?

The market value of a home is 48,000 and the rate of assessment is 45%. The rate is 52 mills ($52 per $1000). What is the yearly real estate tax? 2.Wendy bought three items of clothing costing $75.95, $28.65, and $15.88. How much sales tax did he pay on the three items? what was the total cost? 3. Kendra bought 16 gallons of gas for $1.34 per gallon. The price of each gallon included 29.3 cents for gasoline tax. what percentof the price was tax? more

Resolved Question: I am looking for a free site that will tell me about real estate taxes due?

Resolved Question: Multi member LLC for real estates investment and employment tax?

I have a multi member LLC used for real estates investment. I have no employees other than the 4 member/shareholders. Do I have to pay employment tax/payroll to any distribution to the shareholders or for any work that the shareholders does for the LLC? more

Resolved Question: Cheap houses - Brightmoor, Detroit?

I fell over a real estate site which said that you could buy a house in Brightmoor, Detroit for about 100$. Can you just go up to the real estate broker, pay the 100 bugs, sign some papers, and then the house is yours, or are there other things to know? How high is the housing-taxes in Detroit? Is Brightmoor an extremely bad neighborhood since the housing prices are so low? Please. Only answers that answers my questions. And no stupid answers please, "like, you are an idiot even considering buying a house there" more

Resolved Question: Question about listing agent/buying agent.?

I called the listing agent of a house for sale, he wasn't available, but they said another agent can show it. I said I wanted to deal with the listing agent. They told me he wasn't available today. So a woman called me back (another real estate agent from that office) and made an appointment to show the house. Then she starts telling me that she is figuring out what the mortgage would be for me, getting an estimate on the insurance and adding the taxes in there so I know what I was dealing with as far as a monthly payment goes. Did she just weasel her way into the title of the buying agent (or whatever its called when the buyers are also represented by an agent)? Can the listing agent and the buying agent work in the same office? Or is the listing agent considered "THAT OFFICE" and she's just being nice? First time home buyer....very stressful. more

Resolved Question: 2008 real estate tax credit?

I bought a home in 2008 and received a "refund" check for $7325 as I was a first time buyer. Does this money need to be paid back? Or not, as is the case with the 2009 first time homeowners credit. more

Resolved Question: effects of new tax in real estate market?

The government of Pakistan has introduced tax in real estate market in recently presented budget of 2009-10. In your view what will be the effect of taxation in this sector?increased from 2 to 4 percent more

Resolved Question: Are we sowing the seeds for another mortgage meltdown?

I've been reading and answering questions in the business --> rent and real estate category for several months now and I see a theme of many people purchasing houses with FHA loans because they have no/little money saved up to put as a down payment. They "need" to buy now in order to take advantage of the tax credit. Aren't we just repeating the cycle? Have we still not learned that you should save up 20% for a down payment on a conventional loan before even thinking of a house purchase? more

Resolved Question: Are we about to enter another mortgage meltdown?

Voting Question: How much money would you need to truly retire if the following was true?

Assume the following: *you own your home with no mortgage (real estate taxes are about $12K) * your 2 kids college education is 100% paid for * you are 45, married and in good physical shape * you own 2 cars with no loans and have zero other debt more

Resolved Question: Why are Liberal cities the slowest to recover?

Here's a list of the fastest and slowest recovering cities. Among the top is Texas, and at rock bottom is Liberal Mecca New York. Why is this? Does it have something to do with entitlements, and high taxes on the wealthy? New York does have some of the highest taxes BTW. Also, I know California has a Republican Governor, but the entire state is run by Democrats, not to mention Arnold is a RINO, and is paying the price for it.. http://finance.yahoo.com/real-estate/article/107183/the-best-and-worst-cities-for-recession-recovery?mod=realestate-buy John, I guess local government employees in NY losing ALL their retirement pension is ok? more

Voting Question: Rent to own or owner financed?

If I sell real estate and offer owner financing, is there a difference between a rent-to-own contract and just owner financing? In the end I get paid the same amount, but is renting taxed different than financing even if in the end the property will change ownership? more

Voting Question: real estate profit calculation for taxes?

How are taxes/profit calculated on selling real estate with owner financing. I buy a $5000 property. Then I sell it for a sales price of $7000 and let the buyer make monthly payments of $100 at 10% per year. So the $100 per month is not all profit. How are taxes paid or profit calculated on this. It will take more than one tax year to pay this off? What if the buyer quits paying after 1 year and looses the money paid? Then all those payments are taxable profit because I still have the property? more

Voting Question: Questions about fiances debt and tax problems?

My fiance has loads of debt from a real estate portfolio the went up in flames. He had numerous apartment buildings and other investments that foreclosed last year due to his equity position and the inability to re-finance them. He also has tax issues from the past 3-4 years. I am thankful that all of that is behind him now but worry about future claims against him, deficiency judgments, tax debt etc. I have perfect credit and also have asses ts to protect, the most important of them being two beautiful children. I believe in marriage and love this man more than anything. Will a pre-nup protect me???? more

Resolved Question: Can I get this abandoned property?

Neighbors of 7 y rs seem to have abandoned the property. Yard isn't mowed, kids are all gone and and someone stops over at the house to check on it. You know, it just has an empty feel to it. The lady always kept it up nicely. Should I go to the tax bureau/prothonatary's office to ask about it..and if it is in arrears on taxes, what then? Can I assume the mortagage if they are in default? Everything is like just left out. No sign of the family anymore.No real estate sign up. Any advice? Very odd. Their cats came down the road to my place to eat and the dog, too, occasionly stops by with the other neighbor dogs. You notice things. more

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