Avoid distributor status when moving house

Any investor who changes more than one or two properties a year will run into the problem of being rated “distributor status” by the IRS for tax purposes. This is extremely dangerous. Dealers, like real estate agents, are considered self-employed and are subject to self-employment taxes of 15.3%. Worse still, a dealership cannot pay taxes in installments when using owner […]

My husband says he doesn’t care if I stay or go

I sometimes hear from wives who have told their husband that they are considering leaving home or marriage. Some are sincere about this. They are not happy and feel that taking a break and walking away may be the best thing at that time. Others do not take the march seriously. They threaten to leave in the hope that their […]

A love for life – Summary of this book

Book: A love for life Writer: Penny Hancock Publisher: Cambridge University Press The story takes place in Cambridge, England. Fanella, a publisher editor, enjoys a good time with her boyfriend, Steven. One day she visits her friend, Teresa’s house and seems upset. Teresa learns by taking the interview that Steven has left her. He wants to have a child, but […]

Deciding between a window replacement and repair

Best for your budget is to assess your window service needs before making impulsive purchasing decisions. Many homeowners make the mistake of replacing their window systems, when in fact a simple repair would have done the job. More often, window retailers will enforce the idea that a property needs all windows new with the promise of greater energy efficiency, curb […]

Real Estate Investing for Beginners: Want to learn more about buying a property?

Real estate investment courses for beginners focus on essential information that investors should be fairly knowledgeable about. It is essential to understand that this type of business requires a lot of planning and careful preparation. Otherwise, you may face more losses than the lucrative income you expect. Therefore, if you plan to venture into the real estate investment business, it […]

Student loans: the Perkins loan

How can you apply for a Perkins loan? To apply for a Federal Perkins Loan, you must complete a Free Application for Federal Student Aid (FAFSA) and a Master Note (MPN). The MPN is a legally binding document that shows that the borrower owes a school debt. The note includes information about the loan interest rate, payment plan, and minimum […]

8 benefits of a colonial-style home

There are many different styles of built and inhabited homes including Colonial, Ranch, Split Ranch (Splanch), Split Level, Contemporary, Cape Cod, Gothic, Tudor, Mediterranean, etc. Different people prefer each style and each has both strengths and weaknesses. In some areas of the country, one style fetches a higher asking price, in most cases, than others, however that should only be […]