Archive for October, 2009
Hello we recently applied for a rental home with a property manager (in V.A.). We have spoke to the owner who is very nice and she required no credit check and said that in her mind we were already “approved” she had to get a property manager b/c her and her family were moving to a different state. Just wondering how long it would take this property management co. to approve/deny our application. And what there normal procedures on the approval were. We paid a deposit of first months rent and app. fee of $40.
Thanks.
I have a hearing where the court will determine my ability to pay a debt. Certain property is exempt, but how can a court determine whether or not you own property that is non-exempt if its existence can’t be proven?
How can the court determine if you have any personal property besides cash, deposit accounts and autos/rvs/boats etc…
My mother needs to put in a new fence and it seems as if the previous neighbors put the old fence about a foot inside my mother’s property. Of course, if she will put in a new fence she wants to make sure it accurately covers her property. How can we determine where her property boundary lines are at, before seeking a land survey? What LA county office would house this information?
I am planning to make an investment in a two family house in NJ. I beleive it makes sence to do it under a companies name. The problem is I will get the mortgage on my name purchase the property. How does it techniclly work to transefer the property under a company. Is it worth? Can somebody help me.
Hi. I received a 1098 substitute form in the amount of $2000 for interest on an investment property loan. Funny thing is, I sold that property on Dec 30, 2005. So for my 2005 tax return, I submitted a form 4797 for the sale of the property. So maybe the loan wasn’t paid off right away and interest accumulated in 2006. The 2006 interest must have been paid from the closing costs… after the closing on Dec 30, I did not personally pay for any additional expenses on the property. So how do I report what would normally be a business expense of $2000 for a property that I never owned in 2006? Or maybe I should not include the 1098 in my 2006 return since I did not pay anything on that loan in 2006???
Thanks for any good advice.















