Highlights of the new regulations include:--A Form 668, Notice of Federal Tax Lien, may be filed either in paper form or electronically;--With regard to a Notice of Federal Tax Lien that includes a certificate of release, failure to timely refile the Notice in any jurisdiction where it was originally filed would extinguish the lien;--A purchaser of property in a casual sale is protected against a filed tax lien if the sale price is less than $1,000 (adjusted for inflation - $1,320 in 2008);--A holder of a mechanic lien is protected against a filed tax lien with respect to residential property in an amount up to $5,000 (adjusted for inflation - $6,600 in 2008);--Household goods are exempt from levy to the extent they don't exceed $6,250 in value (indexed for inflation - $7,900 in 2008);--The regulations indicate that there is generally a 10-year period (reflecting the period in Code Sec. 6502 ) for instituting a proceeding in court or serving a levy to collect a properly assessed tax.Preamble to Proposed Regulations 4/16/08; Prop Reg § 301.6323(b)-1 , Prop Reg § 301.6323(c)-2 , Prop Reg § 301.6323(f)-1 , Prop Reg § 301.6323(g)-1 Labels: Levies, Liens

For example, in one filing I found something along the lines of ". . .deed of trust made by John Doe (name changed by me, obviously), as grantor, to Regional Trustee Services, as trustee, in favor of Household Finance Copr, as beneficiary. . ."

Under the Act, for tax years ending after Dec. 31, 2013, the repayment caps are increased for taxpayers with household income of at least 200% but less than 400% of FPL, and full repayment is required for taxpayers whose incomes exceed 400% of FPL. ( Code Sec. 36B(f)(2)(B)(i) , as amended by Act Sec. 4 )References: For the expanded information reporting requirements, see FTC 2d/FIN ¶ S-3656 ; United States Tax Reporter ¶ 60,414.035 ; TaxDesk ¶ 814,001.A1 ; TG ¶ 60202 .

Your household income was $5000 a month and then you lost your job, and the new household income is $2200.

When that happens, you don't need life insurance because your earning power no longer needs to be replaced.The vast majority of households have no need to plan for estate taxes because their estates won't be large enough to be taxed, and if they are large enough, they will have enough liquidity to pay the tax.Your best course is to measure the resources your family will need in the event of your death, and then insure for that.

That makes for one less household out in the rental market.

If one were the listing agent of a certain property and the other were acting as the buyers agent for the same, could this be construed as a conflict of interest as both of them share a household together?

I don't put regular monthly expenses such as gas, groceries, electricity etc, these to me are part of the household budget and don't belong on the balance sheet, am I going about this all wrong?

It's helpful to read the language to understand what does - and what doesn't work to legally avoid due-on-sale clauses.Exemption of specified transfers or dispositions: With respect to areal property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation,or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon— (1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter-vivos-trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transferor disposition described in regulations prescribed by the Federal Home Loan Bank Board.

I have had similar scenarios when selling household items, but the scammers seem to have expanded the area - I was contacted by someone who tries to pull the old CL scam on me.