Business & Finance - 22 August 2007

I work as a secretary/aid for my father who is a Real Estate Lawyer. He has told me not to worry about it, but I'm his daughter and I am always concern for him.

The details are: A client has bought a condo/stack townhouse. I have researched and check the background of the management corporation that manage maintenance there. They are stable and their money pot is sufficient for any foreseeable future expenses. The purchaser (our client) will take over the home at the end of this month. But, according to my research, the current maintenance corporation is about to resign and is seeking a new management company to over see the maintenance of the property. My dad has made our client aware of this. But I am worry if the client will become upset with us, if the new management company is incompetent or raises the maintenace fees at their property. Should I check into the background of this new incoming Management company as well?
Please and thank you.

2007-08-22 11:14:25 · 8 answers · asked by :-( Red Robin - The Doormat 2 in Renting & Real Estate

I got $20 out of the ATM today and it gave me one of the old style $20 bills which I haven't seen in a long time. Should I hold onto it??? Will it be valuable in the future?

2007-08-22 11:14:17 · 17 answers · asked by SW1 6 in Personal Finance

ok I work in IT for a company and we just hired a new person. Graduated same college I did with same degree just 4 years earlier than me. He has done IT for 2 years and then had 2 years off. I have been in IT since graduation(2 years) he started at 13 hr and i did as well, but he has worker here for 1 week and got an offer for 36000 at another company (17.30 hr) and right now I make 14.75 and have worked here for 7 months. Our company offered to match their offer. what should I think about that? he will of worker here two weeks and make 2.55 more on the hour than me? I am a bit upset to say the least but am not sure what to say. He is not taking their offer he is going with the new company. what are my options and what can I do to figure this out? i would have to work 300 hrs of overtime this year to make 36000. any help would be appreciated

2007-08-22 11:11:31 · 4 answers · asked by Anonymous in Personal Finance

OK, so I am doing an Eagle scout project I have dubbed "Project READenforcement" It's a project I designed to help the Mississippi Gulf coast. When hurricane katrina came in, it wiped out the schools. Well, the state departments uilt them new libraries and stocked them and such, but the classroom library sets were never replaced. Anyway, I am going to begin by collecting as many books as possible for K-12. I started by going to thrift stores, and they either donated them to me by the box or sold them for 50 cents apiece. Now, I need some more ideas. Does anyone have any suggestions on ways I could get massive amounts of books at once? And maybe how I could set up monetary donations? Thanks!!!!!

p.s.---If you would like to donate a book (or monetary donation) please contact me at mike@kiakima.net Thanks again!

2007-08-22 11:11:00 · 2 answers · asked by Yep 2 in Other - Business & Finance

in other words no federal, SS, or Medicare ?

2007-08-22 11:09:03 · 4 answers · asked by Anonymous in Other - Taxes

My parents always say that a house is one of the few things that typically goes up in value over time, but can it be a bad idea for some people?

2007-08-22 11:07:50 · 7 answers · asked by Anonymous in Renting & Real Estate

I am filling in my tax return for the first time this year. I started self-employed business on 20th January 2006. I decided to end my financial year on 5th April.

So when I send the tax return in this year I will need to send two sets of figures to the taxman – one set for the period 20th January 2006 to 5th April 2006 and another set for the period 6th April 2006 to 5th April 2007.

Now I am not sure how to put these figures into the self-employment part of the tax return form – the notes on the tax return website do not make it clear. Should I add the various figures from the two periods and put them on a single form? Or should I get another copy of the self employment pages and fill each set of figures in on separate forms? What is the correct way to do it? Any help would be much appreciated!

2007-08-22 11:07:19 · 3 answers · asked by Mark D 5 in United Kingdom

i want to buy a car(im 16) and the car i want its almost $5000 so can i take out a loan for a car ? and i dont have a job but i am planning on getting one in the next month! so how will i have to pay back the money, like monthly payments? or will the bank even let me take one out?

2007-08-22 11:02:37 · 6 answers · asked by Anonymous in Personal Finance

I was just wondering if anyone here has had problems with AOL. I have deleted my account with them SEVERAL months ago, and they have still continued to take money out of my account. One month it was even taken out of my checking account 4 times! I have gone to get gas of food for the week a few times and had my card declined, and come to find out AOL had tried taking more money out! This has not been pleasant at all, especially when not carrying cash on me! So if you have had problems with AOL's service please let me know! Thank you!!!

2007-08-22 10:55:50 · 10 answers · asked by babygirl3115 1 in Personal Finance

How do you know what price of a house you can afford based on your salary?

2007-08-22 10:51:13 · 4 answers · asked by Meg5500 1 in Renting & Real Estate

Here's the story...

The 21-year-old New York man said Tuesday he had no choice but to sell the ball — several people told him he would be taxed on the souvenir just for holding on to it.

"It wasn't hard. It was simple math. I'm upset by the decision I had to make," Murphy said. "I wanted to keep it. I'm young. I don't have the bank account. ... It would have cost me a lot more to keep it."

I never knew that you could be taxed on an item that became a part of hisotry, due to who made contact with that object. Do they tax antiques stores as well? Or museums for what and who they hold? Is this a law? Is this common practice?

2007-08-22 10:49:40 · 5 answers · asked by JV 1 in United States

2007-08-22 10:49:27 · 2 answers · asked by CharMcd 1 in United States

I dunno.

DON'T FLAME THIS POST!!!!! (It means don't be mean!)

2007-08-22 10:49:18 · 23 answers · asked by Anonymous in Personal Finance

I want to donate the stuff I do not need, some still have a price tag on. One of my friends said I can donate up to half of my income, for tax deductible at the end of the year. Is that true? Is it a limit for the deductible?

2007-08-22 10:45:38 · 5 answers · asked by Anonymous in United States

I am new to credit cards so please answer clearly.

I've been good with paying my credit card every month so far, I've had it for about 5 months. I usually only have a couple hundred dollars or so each month.

This month I have $1300 on my card. I don' t know if I'll be able to pay the full amount but I think I have 0% introductory APR for a year. Does this mean that if I pay my credit card AFTER the date it is due I won't be charged any extra $$$?

PLEASE LET ME KNOW!

2007-08-22 10:44:26 · 0 answers · asked by Anonymous in Credit

We live in Washington state and I can't find any details online about what constitutues "wear and tear" and if I am forced to sign this document insisting I pay for professional cleaners as well as carpet cleaners upon move out... I've never heard of such a thing in past rentals.

2007-08-22 10:40:15 · 7 answers · asked by Debbie S 1 in Renting & Real Estate

2007-08-22 10:39:47 · 5 answers · asked by Anonymous in Personal Finance

I currently am working to finish my bachelor's degree and I worked in the hotel business for approx. 5 years prior to now. I am working for the Chamber of Commerce in my area at the moment and have become friends with the owner of a hotel in the area that is a Chamber member. They are currently looking for a General Manager and I would love the position. I need to know a way to let her know that I am interested and want to be considered. I am still working on my bachelor's degree but will be done in one year. How do I go from friend to Employee!??

2007-08-22 10:38:18 · 4 answers · asked by GregM 2 in Small Business

2007-08-22 10:37:02 · 3 answers · asked by Anonymous in Small Business

2007-08-22 10:35:27 · 6 answers · asked by **** 1 in Other - Careers & Employment

I am a 23 year old, saving money up living with my parents. My question is this, I make $82,000 anually. I currently claim 0 for allowances. I know claiming one would result in more money in my paychecks and claiming zero results in a higher return.

My question is this:

Am I losing any money by not claiming one? My tax return last year was around $1,500. Would that $1,500 just be spread out throughout the year or would I actually gain more than that in my checks?

Thanks so much for anyone's help.

2007-08-22 10:35:17 · 4 answers · asked by sportsguy2333 1 in United States

2007-08-22 10:33:30 · 3 answers · asked by Anonymous in Corporations

2007-08-22 10:29:46 · 4 answers · asked by lola d 1 in Renting & Real Estate

How long should I wait after opening a credit card (2nd open credit card, third line of recent credit) before applying for a mortgage? I pay off my balance in full each month, so getting into credit card trouble really isn't an issue for me.

2007-08-22 10:27:01 · 5 answers · asked by G M L 4 in Credit

2007-08-22 10:23:04 · 4 answers · asked by Carolyn P 1 in Investing

When a Real Estate Agent adds a listing to the MLS, does the MLS service provide the same services and the same types of data? And do all MLS services generate the same type of MLS Listing in each area of the country?

Does a listing in Caldwell Idaho have the same infortmation as a listing in Reston, Virginia? Specifically the Tax Roll info?

And does each MLS operate under it's own rules in regards to how the ONLINE MLS data for that "County" (or however MLS chapters are defined) is aggregated and displayed?

2007-08-22 10:22:44 · 5 answers · asked by James A 2 in Renting & Real Estate

I have had a checking account for about 4 years now, but I have never used checks. (just depit card) I ordered checks online, but the boxes came seperalty, and I used 2 of the higher numbered ones first. Can I still use the lower number checks?

2007-08-22 10:17:49 · 16 answers · asked by Kevy 7 in Credit

Delta just hired a 14-year management veteran from NWA to be its CEO.

http://www.marketwatch.com/news/story/deltas-ceo-hire-harbinger-more/story.aspx?guid=%7BF051B4F6-86F0-4E92-9EC3-A55B74DF56E3%7D

2007-08-22 10:17:03 · 1 answers · asked by Scotty Doesnt Know 7 in Corporations

8/22/07 Yahoo article says that fan (Matt Murphy) will have to pay taxes on potentially valuable baseball.

The 21-year-old New York man said Tuesday he had no choice but to sell the ball — several people told him he would be taxed on the souvenir just for holding on to it.

"It wasn't hard. It was simple math. I'm upset by the decision I had to make," Murphy said. "I wanted to keep it. I'm young. I don't have the bank account. ... It would have cost me a lot more to keep it."

I think this was bad advice. Doesn't it make more sense that he'd pay taxes only WHEN he sells it, otherwise who and what determines taxable value?

If he inherits stock from a relative, he doesn't have to pay taxes on it until he sells it.

Am I looking at this the wrong way?

2007-08-22 10:15:55 · 4 answers · asked by dave78m 1 in United States

This is the sencond month they have been tenants. Their first rent was 4 days late, their second rent was 3 days late. They have yet to produce proof of renters insurance (I do have the property / dwelling covered, yes). I am concerned that the reason they have not switched the ultilities is because they are having issues with credit (it was average, their inome was sufficient and they arranged a co-signer for the credit). How should I handle this?? They tried to tell me they would give ME the payment for the bills and I could send it in, and that they will "be sure to take care of getting the name switched on the account." But, I was not very happy with that solution and asked them to contact the utilities first.

2007-08-22 10:14:43 · 6 answers · asked by 723 1 in Renting & Real Estate