If you don’t know the answer as a real estate investor, you are in trouble. Real estate investment is not only a numbers game, successful real estate investment is about the numbers itself. While location is important, if the deal does not make sense financially it is a bad deal. I am sure you have …
This is a typical question we hear when an entrepreneur is starting a business. Like many times when we are dealing with tax law, the answer to the question is “It depends”. One type of entity that usually does not require an EIN is a single member (one owner) LLC. When a single owner LLC …
The cost of food is on the rise and I do not expect it to become cheaper. For example, in March of 2014, retail food prices rose 0.4% from February 2014. Keep in mind that food prices for the month of February 2014 also increased by 0.4% from the previous month. These marked the largest …
Is the Affordable Care Act affordable? Health insurance providers are seeking significant increases in premiums in several states in a move they say is necessary to cover the medical costs of individuals who have newly enrolled as part of the Affordable Care Act (aka Obamacare). While some insurers are asking for sizable premium increases, it’s …
Reverse mortgages do work for some. A reverse mortgage is a way for cash-strapped homeowners age 62 and up to tap the equity they’ve (hopefully) built up in their homes over the years. Under the right circumstances, it can be a handy device. Also known as a home equity conversion mortgage, a reverse mortgage …
