Five Tips for Staying Ahead of the Avalanche
Five Tips for Staying Ahead
Profit From Foreclosures by Preventing Them
Profit From Foreclosures by Preventing Them What makes foreclosures so appealing to many real estate investors is that it’s not one-size-fits-all strategy. You have three basic choices when it comes to c investing: pre-foreclosure, at the auction, and after the auction. Let’s take a look at what’s involved in preforeclosure investing. Preforeclosure refers to the period…
Seven Tax Facts About Selling Your Home
Seven Tax Facts About Selling Your Home During summer months, some people sell their home. Many of those individuals will make a profit on the sale and still will not have to pay a single dime of additional income tax to the IRS. Here are seven tax facts about selling your home. Ownership and Use…
When Not to Name Your Spouse the Beneficiary of Your IRA
When Not to Name Your Spouse the Beneficiary of Your IRA By Robert Cavanaugh In most cases, naming your spouse as the beneficiary of your IRA makes the most sense. However, depending on your wishes, other beneficiary arrangements may do a better job of accomplishing your goals. First, let’s take a quick look at the…
IRS Guidance for SEC Disclosure of Listed Transaction Penalties
IRS Guidance for SEC Disclosure of Listed Transaction Penalties On August 15, 2005, the IRS issued guidance to taxpayers who are required to disclose listed transaction penalties to the SEC. Rev. Proc. 2005-51 sets forth the form, content, and timing of SEC disclosures for certain reportable transaction penalties that taxpayers are required to make pursuant…