The world is always in need of improvisation.
You’re starting to panic. You just heard that the IRS has started allowing people to file their taxes. And you don’t have anything ready yet. Which makes today a great day to create your tax document folder. Today, many of their articles are available electronically, so there’s no need to wait for a paper copy […]
We live in the world of credit. Most banking institutions offer different forms of credit, from credit cards to signature loans. Most people often find themselves in bad credit situations like court judgments, bankruptcies, repossessions, foreclosures, and loan defaults, due to lack of sufficient financial knowledge and discipline, often making it difficult for them to […]
1) How much should I make as a down payment? In the recent past, people used to think that a 20% down payment was necessary to qualify for a home loan or to have a reasonable mortgage payment. For the most part, this is no longer the case. There are many types of mortgage programs […]
Flipping a property means liquidating a property for one price and immediately (within minutes, hours, or a day) “flipping” or selling the property to another ultimate buyer for a higher price. This is a great situation for an investor who is short on cash, since the investor usually does not even need to come to […]
Developing your financial intelligence allows you to plan for money, and when the money starts coming in, you’ll know how to manage it very well. Your financial intelligence, if well in place, can make you know how to identify a good deal in the stock market and in Real Estate as well. If you spend […]
In this world fraught with forced foreclosures, the state of Florida has the dubious distinction of being the nation’s leader in the number of foreclosures since the Great Recession of 2008. It is most prominent in Hillsbourgh County. In the Tampa, St. Pete area they are now under attack by unscrupulous lenders, developers, investors and […]
Investing in real estate has become a trend in India. Not just the residents, the NRIs are also showing great interest in Indian properties. Owning a home is a symbol of prosperity, but it should more than reflect wealth. Although investing in gold and mutual funds is more convenient and beneficial, real estate tops the […]
More and more people are looking to buy or sell property in Cyprus, either as part of an investment strategy or to secure a holiday or retirement home. Many villas in Cyprus are being bought by people from all over the world. Property prices for sale in Paphos and many other places on the south […]
If in case you cannot sell your house, it is a better option to lease it. The lease will actually still earn some income from that investment. Although finding a good tenant can be a daunting task, it can be easier if you know the basics before you rent your property. The article discusses the […]
Any investor who sells more than one or two properties a year will run into the problem of being labeled “dealer status” by the IRS for tax purposes. This is extremely dangerous stuff. Tradesmen, like real estate agents, are considered self-employed and are subject to the 15.3% self-employment tax. Worse, a dealer can’t pay taxes […]