Anyone out here thought about doing a lease purchase? It has recently come to my attention that the 8k tax credit works on lease purchase deals as well as straight up purchases.
We were quite surprised so I thought I ...
I also own a small plumbing and heating company. It's formally owned by me, but my brother does 100% of the work as an independent contractor. Since 2008 was our first year, I've never had to 1099 him up until now. ...
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
I'm in somewhat of a unique situation - I'm currently looking to make an investment in a residential property as a permanent resident / green card holder. However there is a small chance that at some point I may lose ...
I plant to post some helpful instructions and guide lines that should help you guys who want to establish business credit to do so..this is the first..please forgive me if i leave out anything and feel free to ask que...
Hi,
I'm pretty new to this. I'm just starting the process of selling my first home (which my husband already owned when we met so I had no part in buying it either). So I have to admit that I don't know much at all. ...
Hi
Hope someone can enlighten me on the following:
1) tax rate on individual vs LLC
2) is there a state and federal tax component?
3) estate tax planning for non resident.
4) Depreciation for old house. What's the t...
I am in the process of setting up an LLC for my flip bushiness. I am incorporating for liability protection among other reasons which have already been discussed at length in other threads. I am using a licensed contr...