Even if you want a flat tax, you still have to figure out what will count as taxable income (e.g. would charities pay tax on "contributions" that they receive?).

I wanted to share this with anyone who is interested, I am not an affiliate or anything, I just have received a LOT of value from the free lessons in this site:http://www.simpleology.comOne of my Real Estate mentors recommended it to me, and I think that if you are serious about achieveing your goals, be it personal, business, or whatever, I think you will see that it helps you focus.Heck, its free, so why not try it?

Executed Broker Loan Fee Agreement, if applicableAdditional items required to approve, document and fund the loan1.Appraisal Report by an approved appraiser2.Formation documents of the Borrowing Entity (LP1) and Tax I.D. number3.History of property ownership if purchased from a related party4.Closing Statement for the property (or proforma closing statement if under contract)5.Joint Venture agreement (if any)6.Preliminary Title Report with underlying documents7.Geotechnical Soils Report8.Phase 1 Environmental Site Assessment 9.Site plan (with units plotted)10.Grading Plan 11.Architectural drawings with specifications12.Architectural agreement (if any)13.Engineering agreement (if any)14.Construction Contract (if any)15.Insurance broker’s name, address, and phone number (builders all-risk, general liability)16.Independent cost review may be required17.Related Debt Certification (Loans To One Borrower)Notice of Right to Receive a Copy of the Appraisal Report Here is the info to help you out.

I actually received an email from Suha Arafat, she said she wants to split her fortune with me, all I have to do is give her my bank account numbers!

I imagine that I can set up the all-in-one to receive faxes as digital images only and not print out the paper...but then I'd have to pull out the owner's manual...and it's all the way across the desk...ah forget it.Looks like k7 only allows you to store 20 messages.

I've since installed two new roofs on the two duplexes, repaired the ceilings and painted.I put th property up for sale, received and accepted an offer, however the inspection indicated staning in the attic area.

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Being the newbie that I am, and being from West Chester, PA, I'm wondering what my best options are for receiving this information the fastest, whether this be online, bank connections, etc..Any help would be very appreciated, thank you in advance.

Was amused to see your instructor of a "Financial Planning" class take such a view of the Interest Only Option since it is a financial "tool" that can be useful to some people and should in fact be considered by some individuals to accomplish their "financial planning" goals.A few of the valid reasons why one might choose an interest only loan would be: 1) for an individual that has uneven income such as commission based or one that receives occasional large "bonus" checks that could be used to pay down principal.2) For one that is confident they will be making significantly more income in the future 3) One that truely has a plan to invest the savings in something that offers a higher return than would be realized in paying principal on a mortgage 4) possible tax benefits to one that needs the highest interest deduction to reduce their tax liabilityAlso, most interest only loans "recast" each month, meaning you only pay interest on the AMOUNT YOU OWE.

As an LLC is a tax pass-through entity, you (the owner) will receive the same tax benefits as you would if you deducted these repair/improvement expenses on your personal taxes--but, if you use the LLC, it helps legitimize the LLC, is more defendable in an audit b/c it reflects a real business process instead of tax evasion, and frankly it makes it easier and faster during tax time.How might this help in reality?