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7 July 2013 | 47 replies
Sure, rate increases affect everyone; however, they are increasing because the Fed is saying they will be tapering their bond purchases (printing money).The Fed is getting ready to taper because they like where the health of the overall economy is going, particularly with the employment data.So the way I look at it is this.
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3 October 2013 | 14 replies
Here's what I know:The city of Corpus Christi has a 3-yr apprciation rate of 5.9%The city of Corpus Christi has a 1-yr apprciation rate of 6.7%Zillow predicts that the neighborhood will appreciate at 7.4% in the next year.The house is on an island, so expansion is limited but has not yet capped as there are still vacant lots scattered in this area.This address is in the best school district of the metro areaThe city experienced 10% net population growth 2000-2010The city's two main college campuses had a combined enrollment of over 22000 students in 2011.The city's top ten employers are in the sectors of military, education, health care, contruction, government, and grocery (local grocery chain headquartered there)The house is a 3 bed 2 bath, which is on the small side of avg for this area.What more what YOU need to know before deciding to invest in this area?
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5 July 2013 | 5 replies
I've been through a bunch of this recently, but this is complex stuff.First medicare and medicade are two very different beasts.Medicare: Health insurance for the elderly.
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11 July 2013 | 20 replies
The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.
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7 July 2013 | 5 replies
Check the state laws and with your local health department.
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6 April 2014 | 66 replies
I'm keeping documentation but holding off on restraining order.This is a very manipulative tenant who pays her rent, has obvious mental health issues and knows tenant law.
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10 August 2013 | 7 replies
@Bill Walston is the tax expert for sure.All I do are assignments, and I pay a 13% SE tax because apparently tehre are some people that refuse to buy health care...not sure how that's realated to my business..but...
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30 July 2013 | 9 replies
Unaware of any other health and hazard.15.
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24 May 2015 | 33 replies
If you want a way to provide seed money for a new business, this is one way to do it.To the degree you personally benefit from your C-corp as an employee (salary, retirement plan, health benefits, etc.)