Business & Finance - 27 August 2007

I am wondering if I could use the remaining Adoption tax credit to cover penalities for withdrawing from my TSP early. If so I'd like to do that so the credit won't goto waste. Then I could put that money into an IRA the next year and reap the tax benefits.

2007-08-27 15:03:25 · 1 answers · asked by in COGNITO * 4 in United States

Under federal law, when a debt is forgiven, it can be treated as ordinary income on which tax must be paid. Thus, if your lender allows you to sell the property for $475,000, less a 2 percent commission, you will have a deficit of $34,500. According to many tax professionals, you will have to pay income tax on this amount of forgiven debt, even though you did not receive the money.

Is that statement true. Others have said you only owe tax if you borrowed more than the basis in the property. IE: Second mortgage or HELOC to buy a car.

2007-08-27 15:02:52 · 4 answers · asked by tommyfourth 3 in United States

I Have one on Wednesday they just called me! what's a group job interview? has anyone been to one? at banana republic? somewhere else? what to expect?

2007-08-27 15:01:05 · 3 answers · asked by Anonymous in Other - Careers & Employment

I need to know about the factors and problems relating to the HK Brain Drain. What amounts to the start of a brain drain? What problems wil HK face if it meets a brain drain?

2007-08-27 14:57:07 · 1 answers · asked by Anonymous in Other - Business & Finance

Why is it so hard for exploration and production companies to find qualified employees in such a booming market?

2007-08-27 14:55:41 · 2 answers · asked by Anonymous in Other - Careers & Employment

We're 9 months into our lease and the landlord has just taped a notice to everyone door " 30 DAY NOTICE TO CHANGE THE TERMS OF THE RENTAL AGREEMENT".

I thought the landlord couldnt do this when you have a lease. Also; if they did change the lease, that would make the lease nul and void. We can move then with out contunuing the 12 month lease.
What can she do and what can't she do?

2007-08-27 14:52:32 · 4 answers · asked by mevanr8x7 3 in Renting & Real Estate

we need a loan with a fixed rate and no advance payment....

2007-08-27 14:51:31 · 5 answers · asked by madmax 1 in Renting & Real Estate

I live in Texas now but have some collections from california. the oldest one is from 2001. i checked on suze ormans site and according to the statue of limitations for california they have 4 years for written and 2 years oral for credit cards. My question is that if those statues are correct and the collections I have on my report have no activity since 2001 to 2003 can the creditors still try and collect on them. and should I just leave them alone and not pay and let them drop off.? Shouldn't they drop off after 7 years or before?

2007-08-27 14:49:22 · 4 answers · asked by donny8361 2 in Credit

I just got approved for a :::Drum roll:::: very fancy, high scale...... HOME depot caaaaaaaaard. yayyyyyyyy. :eye roll:

Anyways, I have a whole bunch of credit cards, and this card came in the mail with like an 8G balance. Will having this card help my credit score at alll?

I thought that the MORE credit you have, and the higher the TOTAL allowed amount you have, the higher your score will be?


Someone tell me the right answer, and no assumption bs, b/c I have one side of people telling me one thing, and another side telling me another thing.

2007-08-27 14:48:59 · 4 answers · asked by Anonymous in Credit

2007-08-27 14:46:12 · 5 answers · asked by onetwistedbutterfly 1 in United States

I found the web site to register a complaint, but it requires a name or phone number. These calls always show on caller id as name unknown and number unknown. I haven't had a problem yet with repeat calls, I'm concerned with the large number of first time callers.

2007-08-27 14:46:04 · 2 answers · asked by jerry w 7 in Other - Business & Finance

I would like to buy stocks over the internet, but I have no clue on what stocks to buy or how to do it.

2007-08-27 14:43:42 · 9 answers · asked by Anonymous in Investing

i have\ about $25,000 or more of credit card debts and i really want to pay it all but just can't so soon as am a single working mother with two kids... my credit rating is the lowest and all my cards have gone to collection agencies and attorneys have been calling and i can't answer i can't pay so much at one credit card alone and i want to have one low payment...i m scared cuz i heard you could go to jail and i m worried what would happen to my two little babies? i could go on and on about how crazily worried and sick i m from thinking about this every nite... but how do i go about the process and how long does it take please give me through information since i don't have much time to go here and there and research on my own i don't have much time and who ever gives me the complete information on how, how long, exactly how the process works will get the best answer! plz i really need help here thnx a lot for your responses. i no itz late but i want to work this out!

2007-08-27 14:34:34 · 5 answers · asked by Anonymous in Credit

My husband and I signed a purchase and sale agreement with a realtor to buy a house....We were suppose to close 8/24/07 and there is a 7 day extension period, this was based on financing......our lender rarely talks to us and when she does she tells us we can't afford this home, or puts us down or gets just plain rude.....We have told the lender and real estate agent that we can not afford this home due to the amount of payments that has been quoted to us, but yet they are still trying to get us approved.......the agent tells us we have to wait until 8/31/07 before we can say okay we aren't getting it, but is there anyway to get out of this NOW as we know we CAN NOT afford this home?????
PLEASE WE NEED ANSWERS NOW.

2007-08-27 14:33:18 · 4 answers · asked by Cindy B 1 in Law & Legal

I am 33 and with no work history. No one wants to give me a chance, even after i offered to be trained with no pay for as long as they see fit. Someone suggested me to volunteer to gain experience i am lacking. I was wondering if i volunteer at the local hospital, would i have any chance of getting some kind of a job later on, at the same place? Any thoughts on this?

2007-08-27 14:32:45 · 4 answers · asked by bluegpchick 2 in Government & Non-Profit

I bought my house one year ago at the time the then board president told me that they dont enforce the no commercial vehicles in plain sight rule.Well one year later new president,ECT........

2007-08-27 14:25:15 · 4 answers · asked by canogaal 1 in Renting & Real Estate

should I add an international calculator?
Each country has a different shipping rate, how can the price be estimated if only after a certain customer has purchased an item?

2007-08-27 14:24:32 · 3 answers · asked by sexyanimal228 1 in Other - Business & Finance

What are some $100,000 plus jobs not in the medical field? Prefferably computer related

2007-08-27 14:17:23 · 6 answers · asked by cody 2 in Technology

2007-08-27 14:16:15 · 5 answers · asked by rads92 1 in Personal Finance

2007-08-27 13:43:43 · 5 answers · asked by JENNIFER H 1 in Renting & Real Estate

but i cant be ... you know i have already written up minutes for a meeting i had the weekbefore DAMN IT!!! I HATE MEETINGS!!!! does anyone have any tips on getting motivated to do these minutes or tips on how i can do them faster? NOTE: i like my job i just hate minutes as i have never had to do them before and they take me ages to do

2007-08-27 13:40:08 · 3 answers · asked by Anonymous in Administrative and Office Support

After living in the complex for quite a few years, we have a new landlord and they're turning the complex into Section 8s. Those who don't qualify for vouchers, are receiving notices for an incentive to move out.

2007-08-27 13:33:07 · 3 answers · asked by peaches6 7 in Renting & Real Estate

How much money does the CEO of a store make yearly? I heard that it was around 300,000 for a good sized store and up to millions for a large building..... ?

2007-08-27 13:28:47 · 1 answers · asked by Anonymous in Corporations

My wife loves kids and wants to make some extra money by babysitting 1 or 2 kids 5 days a week at our home. Does she need some sort of license to do that? Can she put an add in the paper for that if she's not licensed? Are there any laws about that? We live in Utah.

2007-08-27 13:27:43 · 1 answers · asked by atomzer0 6 in Other - Careers & Employment

2007-08-27 13:24:15 · 1 answers · asked by Cee 2 in Other - Business & Finance

2007-08-27 13:16:48 · 10 answers · asked by Anonymous in Small Business

I wanted to use the FSA account at my work to put pre-tax pay into to pay orthodontics for my 15 yo son so that I don't have to pay taxes on that money. But if I cannot deduct it because I rent and don't have enough deductions can I still do that? I do file singe head of household. I only have one child. Does anyone know what that deduction amount is that I would need to reach if that is what I must do? Thank you for your help.

2007-08-27 13:08:00 · 4 answers · asked by Hurley 2 in United States

i'm aware bearer bonds are illegal now, but is it still possible to cash them if you happen to have them?

thanks --

2007-08-27 13:04:07 · 2 answers · asked by Anonymous in Investing

My address of 7 years ago is listed as my current address. My current address is listed as one of the previous addresses. Besides that my info is correct. Is this important at all?

2007-08-27 13:03:29 · 2 answers · asked by Ann 4 in Credit

The Housing market is in a mess with all the foreclosures now, and since all of this has happened numerous mortgage companies have had to fill bankruptcy! Now, no one with less than a perfect credit score, and no, not even a cent in outstanding debts can be approved for a loan, unless it is one of those super high interest loans that has caused all the problems in the first place! We just lost our pre approved loan because of all the new changes and because we owe a small amount of medical bills. Who ever came up with this stupid thing called a credit score took away all the fairness in everything!!! No, I don't believe people should not pay their bills, but sometimes you have situations in your life beyond your control(like medical). We should all have the right to own a home, the American dream. As long as we make the payments it should be our right! Not be judged by a score only without looking at the situations! What are your opinions on this subject?

2007-08-27 13:03:09 · 38 answers · asked by gizmo2 5 in Credit