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A Quick Plan for House Hunting

10.18.2009 · Posted in Wealth

...it could be the gold-rush opportunity to you. It is time to get your first home or pick out your next investment property. Expect many bumps in the road. Looking at the terms scattered around the real estate ads: short-sale, foreclosure, and REO, you know it is a new landscape out there for both the ...

Index Card – FBAR

10.16.2009 · Posted in Taxes, Wealth

There are many questions on the FBAR specifics, such that what financial accounts we need to report.  IRS literatures are not easy reads. Here is a quick list reference. FBAR: Financial Bank Account Reporting Forms: TD FR 90-22.1; file annually Due Date: June 30 of following year 2009 Amnesty Program One time program for ...

One Thing Good About Bad Market

10.15.2009 · Posted in Taxes, Wealth

Problem with real estate investment is that it drains your cash regularly as in maintenance expenses, property management fees, mortgage interest, insurance and a property tax. Property tax is usually one of the big ticket items. Game strategies A few things I picked up from my favorite video game “Build-a-lot”, a real estate investment simulation, include ...