Archive for the ‘Taxes’ Category
Monday, May 4th, 2009
The finance industry’s basic instinct focuses on hiring the best performing stars, and that may include closing eyes to certain work or character defects. One error is that the “star” bank trader or fund manager is really a shooting-star, one that burns up and disappears from sight. Empirical results show ...
Posted in Rights, Taxes | Comments Off
Tuesday, April 28th, 2009
A private transaction is not generally reported in the news or to any price-reporting service. Forward contracts are private contracts. Just as in most legal contracts, the parties do not publicly report that they have engaged in a contract. In contrast, a futures transaction is reported to the futures exchange, ...
Posted in Rights, Taxes | Comments Off
Saturday, January 17th, 2009
As you can see from above, buying a tax deed provides you with a property full of equity. You can then obtain a
line of credit against the available equity and use those funds to invest in more properties.
For example, let’s say you have just obtained a $100,000 ...
Posted in Taxes | Comments Off
Wednesday, October 22nd, 2008
The real estate taxes assessed by the local taxing authority have primary lien on the property. This primary lien means that they are the first to be paid from any sale of the property.
This lien also allows the taxing authority—or their assigned agent—to foreclose on the property if ...
Posted in Taxes | Comments Off