Archive for December, 2009

Is a secured loan a good methods to rebuilding credit?

secured loan

I’m skeptical about this because I don’t really see the “loan” when I’m giving $500 to the bank, then they hold it, give me $500 and I repay the amount over 12 months for about $43/month. If it helps me rebuild my credit, then I’m all for it! But does it really?

Repossession
property crash

Somebody stole my car and crashed into a fence, now the home owner somehow got my name and address and is expecting me to pay for the damages. i didnt have insurance, but the car was parked at my home, and i did file a police report the day my car was stolen.

Rent Back Fast
property crash

There was life before money. It seems we would just have to do things differently. Personally if it meant that I would have to work on my own property instead of working for someone else. It would be a blessing. I guess it would be a question of materialism or peace of mind. Humans did survive before this economy and there were still civilizations. The economy has made people selfish and greedy. Some people aren’t even able to have their own home to raise a family in anymore because of the so called economy.
understood Mike but you grow your own food or start a community garden. I have lived outside before and loved it. No electric etc..

Rent Back

property / real estate crash?

property crash

I live in the UK and a lot of experts are warning the public about a real prospect that property / real estate homes are going to drop in the near future, others are saying there is going to be a wider world recession?

I am thinking of selling up and going back home to canada, does anyone know what the property market is like over there, is Canadian property prices being affected?

Sell and Rent Back

property crash

is there a problem in buying now
or can we expect a property market crash in coming months

Sell and Rent Back

Buying a house that is not for sale?

rent property sale

I want to buy the house i grew up in its not for sale or rent i wouldn’t say its abandoned or anything but no one is living there and it has a no trespassing sign on it i figured its the city government or the banks property now is there any way i could go about buying it?

Passive Income
rent property sale

Possibly one day sale hoomes but I want to be able to work in property management while I better my skills to be a good real estate agent!

Quick House Sale

re: Capital gains tax on sale of commercial property?

rent property sale

I own a Tenant-in-Common (TIC) interest in a com’l property.. The property is currently in the process of being sold after 5 years. My question is: We have paid down the mortgage over the 5 years about 60,000 with funds collected as TAXABLE rent. Now with the sale, I will recoup those funds. My CPA insists that this portion of the proceeds will be taxable… Being I’ve already paid tax on these funds, I don’t understand why I can’t get those fund back tax free and have to use them in a 1031 exchange (ps… I fully understand that the mortgage is a balance sheet item, but I still think I should get those $$ back tax free. Please HELP… thanks, Herb

Sell House Quick
property crash

A car crashed on my property and when I went out to take pictures the cop starts yelling at me to stop or he’ll have me arrested. I asked why and he said it is illegal to photograph a police officer, is that true? BTW – I took his picture a number of times and he did nothing.

Passive Income
rent property sale

Can you let me know if I am still required to pay rent to my landlord, when the property is going up for sale on 7/29/09?

Quick House Sale
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