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4 November 2015 | 5 replies
The taxpayer will, however, need to prove a "for profit" motive for the business, otherwise the taxpayer may subject themselves to the hobby loss rules (not showing net income for three of a consecutive five years) which has been aggressively litigated by the courts.The issue with your travel app is that it doesn't seem like you'd be doing it with a "for profit" motive :) Otherwise it could be legitimate.Additionally, first time flippers are generally considered "in business" the second they close on their first property.
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28 June 2015 | 8 replies
there are some pretty serious fines and civil penalties for violating landlord/tenant laws.
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18 May 2016 | 5 replies
Keep in mind that you don't owe them anything, but with the hassle of litigation and the possible huge expense associated with holding costs, you can see it as a cost of doing business.
25 August 2017 | 25 replies
I'd be wary of the litigation route but if you have a legitimate case, your chances of a loan modification or a foreclosure hold being placed may be increased.
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19 August 2019 | 29 replies
Such actual knowledge or reasonable cause to believe shall be determined in accordance with that division.(10) Comply with the rights of tenants under the Service members Civil Relief Act, 117 Stat. 2835, 50 U.S.C.
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7 June 2019 | 2 replies
The land trust and the LLC are the owner of the asset/real estate, so even in the scenario that potential litigants guess, they would guess wrong.
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12 October 2018 | 11 replies
Be sure you have a great real estate attorney who can help you with your contracts and is also a litigator to go to court with you if needed.
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2 November 2015 | 14 replies
Haven't looked into it myself but I think I recall some income based repayment ones and non-profit/civil service career ones floating around.
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13 June 2023 | 8 replies
We are so lucky in Virginia that all our civil and criminal records are not only public, but we are able to easily view them on-line.
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6 August 2018 | 12 replies
It is a tort (civil wrong) making the person or entity (like a newspaper, magazine or political organization) open to a lawsuit for damages by the person who can prove the statement about him/her was a lie.