I'm sure at my core that Representative Omar's bill would be unconstitutional beyond anything that's ever been suggested but still wanted to float it here for comments, if for nothing else, to hear something that make...

http://blogs.reuters.com/james-pethokoukis/2010/08/05/an-august-surprise-from-obama/

I don't know if this has been posted, or if it would really happen. But I wonder if this would cause the short ...

Hey experts was hoping to get some clarification:

The debt forgiveness act, which forgives up to $2M forgiven debt subject to taxation when the bank issues a 1099 during a short:

Is it ONLY for the first $2M of the ...

I'm looking to buy a short sale this year as an owner occupant to rehab it for the next five years then sell it and/or get a line of credit to start to invest in buy and holds. I was curious if anyone knew if I buy t...

So, I got a owner occupancy notice from IHDA today to remind me that I must occupy the property as my principal residence for a period of 5 years. If I'll sell or move out of the house, I'll have to pay the amount bac...

Situation m: 1099 self employed used 2019 1099 form to get ppp loan. Lets say 1099 was 50K so 50K/12x2.5=10416. So total ppp loan amount is 10416Question1:can the loan amount be 100% used for his payroll? Basically 10...

As a part of the $2 Trillion CARES Act, the SBA is authorized to lend $349B to small businesses impacted by the COVID-19 economic impact.The primary program for small businesses through the CARES Act will be the Payro...

As an independent contractor realtor operating as a PA, how does PPP loan forgiveness work?  My 1099 commissions are paid to the PA and the PPP was issued to the PA on my behalf.

I received this from my accountant in his newsletter. I thought it was worth passing along.

Nine Facts about Mortgage Debt Forgiveness

If your mortgage debt is partly or entirely forgiven during tax years 2007 t...

I know that a lot of landlords are suffering right now. Much has been made of the struggles of tenants facing financial hardship and many landlords have been placed at the mercy of the now-exhausted small business rel...