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12 January 2014 | 10 replies
Of course the government will want to collect its money eventually - hence the tax liability.
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31 January 2020 | 101 replies
Such increased values are not taken by insured lenders.I can't change what the rules are, lower of cost or market, 12 months in RE valuations (marketable assets are different, they go at current book value, a horse of a different color, but I'd also say in reality, that any security that jumped in a very short period to double it's value probably wouldn't be taken at current book as collateral as it would be considered a very volatile security).The rules and regulations as well as definitions are what they are, opinions won't change them, I didn't make this stuff up, they have been effective for decades longer than I've been in business.As I mentioned, there are folks on BP who disagree, some for the opportunity to disagree, some to validate what they do, some have other motives, but it is what it is, you'll do better my understand the how valuations are treated.Point made on accounting matters, we are getting off topic in David's success story as the topic. :)
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19 January 2014 | 16 replies
We are a government and university town.
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15 November 2014 | 31 replies
The government just printed a whole lot of money so inflation should follow.
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16 January 2014 | 7 replies
The regulations were very stringent though, but I went through a large brokerage firm.
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13 January 2014 | 5 replies
That's the case at the federal level.I also gave feedback to the proposed rulings, for more lax regulation, but you don't see me claiming I impacted any decision, I'm sure the CFPB got an ear full.
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12 January 2014 | 2 replies
depending I your state regulations and MLS rules, this could work.
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13 January 2014 | 0 replies
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14 January 2014 | 9 replies
It's a shame that the federal government makes brokers disclose differently because it looks like their loans are more expensive but they are not.
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13 January 2014 | 4 replies
I know there have been the new regulations implemented this year, but is it a general rule that you (as an investor) need to have 30% down?