If ever there was an issue that will stop an accountant, it’s his clue, it’s UBIT, which stands for unrelated business income tax. The origins of UBIT are obscure. This tax was imposed on some taxpayers to “level the playing field” for certain businesses. The best example of how UBIT is used is the competition between a non-profit and a…
A low credit score can restrict you in many ways. Makes it difficult to make large purchases and gain the trust you deserve. While you can wait or just move on, there are options for you. We are going to cover 7 ways you can increase your credit score. 1. Check your credit report Get your credit report. Look at…
After a long and stressful day, there’s nothing like finding a special place in your home to sit back and relax for a while. Although we can all have different places where we enjoy relaxing, the bathtub seems to be a favorite among many. The unfortunate thing is that many people are left with an old acrylic bathtub that doesn’t…
Investors and home buyers are discovering that Prudential’s Real Estate Bank-owned foreclosure listing offers a wide range of discounted homes. Homes in foreclosure are rising in the ranks as the preferred option for buyers as they are priced below market value. Prudential’s real estate bank’s property foreclosure list covers all types of residential properties, as well as industrial and commercial…
Notes of Default (NPN) are a great way to invest in real estate, without getting dirty or dealing with toilets, termites, or tenants. It involves buying the mortgage and defaulted promissory note from a bank, hedge fund, or its current owner. Now you are the bank, and no one calls the bank if the toilet is clogged, so you can…
What’s next for the real estate sector? For most people, real estate remains a critical part of personal net worth. Despite the recovery in the stock market, the average net worth of an American family is down approximately 25% due to declines in real estate values and investment assets. Market Trends Overview – Focus on Boston While still suffering from…
Short sales are a hodgepodge of paperwork, time, anxiety, and questions, and one of the biggest questions I get from homeowners looking to sell their home is, “What do I write in my hardship letter to the lender?” This is a simple question to answer, but the details of most hardships are never straightforward for a homeowner facing foreclosure. Assuming…
Everyone knows that RTA cabinets can save you a significant amount of money on your new kitchen or bathroom, but not everyone knows the difference between the different types of RTA cabinets on the market. It seems that for every person who had a good experience assembling and installing their own cabinets, there are so many people who have horror…
First, let’s answer the question; Why should you change your own oil? Because you can save time and money. You don’t have to queue at the service shop or the quick oil change shop. For ten dollars you can get the best oil and a new oil filter. And it’s so easy to do that you could train a monkey…
Originally, the term “carriage house” needed little explanation: it was a shed to house horse-drawn carriages. Today, however, the term has taken on a different meaning. Since the once ubiquitous carriage has little use in modern society, many of the carriage houses that were built before automobiles were common now have different uses. Many have been upgraded to serve as…