I received an IRS tax notice with interest and penalties that related to the balance due with the filing of the extended return in October. Tax withholdings were well over 110% of the prior year tax liability; so, I ...
Hey All,I have a question about prepayment on conventional loans. The mortgage loans I'm currently after all state "no prepayment penalty." Say I am a few years into my mortgage and I believe I can pay a little extra ...
Will my lender with my current loan get penalty if I do refinance with another lender within 6 months?Thank you.
Question for a friend of mine. He wants to move his money out of his investment IRA's, without incurring any fees. Is this possible?
I don't know a thing about IRA's.
I made my first offer on a fix-and-flip. The offer was made on Tues., March 9 and the deadline was set for Tues., March 16 at 5 pm. The deadline has passed and there has been no response from the bank to the banks rea...
From what I've read, it seems the #1 problem with contractors is not getting the work done when they said they would. Well what if penalties were built into the contract, so that for every day work is not completed pa...
Hi guys,
Lets say a person puts money into a Roth IRA, but then few years later, IRS penalizes this person because this person was making too much money. What would that penalty look like?
In 2019 I believe for a s...
In @Brandon Turner 's The Book On Rental Property Investing, Turner touches upon the art of negotiating a deal.
He suggests "instituting a penalty whenever the other party asks for a concession."How and when do you i...
I'm wondering what kind of monetary penalty would be reasonable for a contractor who does not complete a project within the agreed upon timeline. I had one contractor tell me he would never agree to a contract that in...
What recourse (if any) would an investor have over a contractor that did not finish a project in the timeframe agree upon in the written agreement if the agreement did not include a penalty?