., HUD will state that the broker has a fee for underwriting fee, when in fact brokers have no underwriting fee);Itemizing duplicate services and charging separately for them;Misinforming the prospective homebuyer that credit insurance is required and/or failing to disclose to the buyer that they are earning a commission on the insurance;Mandatory arbitration clauses;Falsely identifying loans as lines of credit or open ended mortgages;Forced placed homeowners insurance (lender falsely claims that homeowner does not have insurance and then gets an undisclosed commission for selling it to them);Repeated refinancing (flipping);Daily interest when payments are late;Excessive prepayment penalties;Foreclosure abuses; andHome improvement scams.A range of state and federal law of laws are available to help attorneys address dismantle the harm wrought by predatory lending practices.

You may think I am a jerk and that may be very well earned by my post, but the truth is I am trying to give you the best advice that I have.

Unless the LLC elected to be taxed as a C-Corp, the income would necessarily flow through to the shareholders in the year it was earned.

But if it was in my bank I would have earned perhaps $0.50 in interest.

If I incur a loss on my RE business, can the income only be subtracted from other income that I earned, or can it be subtracted from my husbands' (married filing jointly)?

Please no names just the situation.I think if your job is locating properties and you earn a fee.

The dollar coin that George Washington is alleged to have thrown across the Delaware would be worth over 3.6 billion dollars today if it had been invested and earned a 10% average annual return over the years. 8)

You can click on the "vote" button if you like someone's post or is helpful, and there are "awards" to earn on your profile.

Can also find good handy guys/painters, etc, who like to earn extra dollars evenings or weekends3.

You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile.