Business & Finance - 6 December 2007

I have a friend whos mother passed away, and left him a "Total Control Account". He doesn't have a bank account of his own, and he wants to write me a check for the amount in his account ($11,000+), and have me cash the check and give him the money.

My question is: Will the money be considered income of any kind, and will it be taxed? I don't mine cashing the check, but I don't wan't it to be considered income or taxable in any way.

Oh btw, I live in Maryland.

Thanks
Chas

2007-12-06 08:38:21 · 8 answers · asked by corvair_tw 1 in Personal Finance

2007-12-06 08:35:08 · 4 answers · asked by TopElimn8r 2 in Insurance

We rent our house, and the pump stopped working during the Armageddon-style rains we've had this last week. The landlord is replacing the pump, but is he also responsible for replacing our things that were destroyed, since it was HIS pump that stopped working? I'm not talking about alot here, not trying to gouge him. A couple of sleeping bags, some thrift-store furniture, a couple of framed prints. What are our rights here?

2007-12-06 08:33:19 · 6 answers · asked by tygrlili99 2 in Renting & Real Estate

I'm trying to get a credit card to build my credit back up....and I have really bad credit....what credit card can I apply for, and get accepted?

2007-12-06 08:32:51 · 9 answers · asked by kevin77794 3 in Credit

I recently purchased a home and scheduled to sign the paperwork, my realtor said I'll be ok to go and sign but he's not coming to review the paperwork while I sign. Is this messed up or normal?

2007-12-06 08:19:33 · 11 answers · asked by some guy needing help... 1 in Renting & Real Estate

2007-12-06 08:16:17 · 4 answers · asked by ravensfan5252 3 in Insurance

I live in Illinois. I am 4 1/2 months into my 6-month lease. The day I moved in I saw roaches in the kitchen. I have been talking to my apartment manager to get them to get rid of them and they have had terminex come in every couple weeks to spray but its not working. I just want to move out. My landlord won't let me out of my lease. What steps would I need to do to legally break the lease? I called the health department today and he is comming to check it out tomorrow. Thanks.

2007-12-06 08:13:20 · 6 answers · asked by Anonymous in Renting & Real Estate

I may try to get a job at Mcdonalds, Burgerking or other fast food places to pay for my college expenses. Let's say I apply as a cook, making sandwiches.
- Will they hire you for that position or will they hire you for another position?
- If hired as a cook, will they make you work the counter?
- If hired as a cook, will they make you work the drive through (I difinitely don't want to work the drive through)?
- How much are cooks paid at Mcdonalds, Burger King, etc.?
- What is the interview like at places such as mcdonalds and burger king? What questions are asked in these type of places?

2007-12-06 08:06:14 · 2 answers · asked by anonymous 2 in Food Service

2007-12-06 07:58:29 · 1 answers · asked by reefridesurfer 1 in Other - Taxes

late unreliable cancelled at short notice and difficult to understtand the timetable sounds like an episode of airport.
1. 50 years of neglect can't be overturned quickly.
2. my Operating company passenger numbers up 20%
3 railoperations are amongst the most regulated industries in the world. read a copy of the master rule book and then consider that we have to know that off by heart for some jobs in the railway

over to you what do you think ?

2007-12-06 07:57:56 · 5 answers · asked by The Fat Controller 5 in Other - Business & Finance

I will be filing my taxes on my own this year. Is my premium of $470/month or $5,640/year able to be deducted. Do I get any credit for paying almost $6,000 in health insurance premiums this year?

2007-12-06 07:53:39 · 6 answers · asked by mas_appraisals 1 in United States

Before I signed the lease. My landlord and I agreed that she will not charge me for Jan-Feb month because I plan to be out of town.

I reminded her two weeks ago. At first, she acted like she did not remember the agreement. Then, she remembered. She is in a financial problem so she asked me to help her pay for utilities. I said, okay.

Last sunday, she told me that --"Her sister said, I must pay for the Jan-Feb rent because I still have my stuffs there" I told her that we have spoken about this before and if she does not do what she have been agreed. I will move out from the apartment. (I am moving out next month)

My landlord was very upset and start to act rude toward me.

What do you think fo the situation? Am I doing the righ thing to move out?

Thank you

2007-12-06 07:52:05 · 70 answers · asked by Hope 4 in Renting & Real Estate

I have a savings account with my credit union that offers a .050% rate. They offer a money market account beginning at 2.50%, compounded daily.

If your money is as accessible through a money market account, and you can deposit or withdraw money at any time from that account (my CU allows this, as long as I maintain a minimum balance), is there any reason to keep money within my savings account? It seems I would earn more interest by transferring my cash into a money market account.

2007-12-06 07:46:44 · 8 answers · asked by Deke 7 in Personal Finance

When I got to the store 9 minutes before closing, the doors were locked. I knocked on the front windows. The owner was parked in the parking lot. I waited for him to come out. He came out after closing time. When I tried to say I was there with sufficient time before closing time, he said that he heard me knock, and was ignoring me.

The next day I wanted to see if he would apologize. Absolutely no remourse from him. He said he goes by his clock. I can get the exact time from the radio on the hour. My gps calibrates to the exact time from the satelites. My cell phone calibrates to the exact time automatically as well. This isn't a matter of claiming to be there 5 seconds before closing time. I was there 9 minutes before. I think that is enough time to purchase one item and complete the transaction before closing time.
1 second ago - 3 days left to answer.
Report It

2007-12-06 07:43:38 · 24 answers · asked by Michael K 1 in Other - Business & Finance

I always feel like there is something i should be asking them over the phone. what questions could i ask that wouldnt push them away?

2007-12-06 07:42:58 · 10 answers · asked by toolate 3 in Renting & Real Estate

Whats it like to work on the counter, is it an easy job for a rookie? because i think i might start there and even though its not a big deal to u fellas out there who make 55 an hour but....please help me out.
like is it easy to run the register and the drive through?
and stuff like that?
and are the sandwich prices already recorded on the register or no?

2007-12-06 07:40:12 · 6 answers · asked by Anonymous in Small Business

My question is how do people have many investment properties say 7-10 $100,000 properties? When you try to get financing for more properties wouldnt you you be so far in debt? I know that you rent out the properties but you cant make that much profit after the mortgage payment. For example if you have 7, 100,000$ properties renting for 1500 a month with a mortgage of 1000 for each your only netting 3500 a month and in $700000 worth of debt so how can you keep getting loans for more properties?
47 minutes ago - 3 days left to answer.

2007-12-06 07:37:18 · 3 answers · asked by name 1 in Personal Finance

that the carpet on the stairs is dirty and the stains won't come out....are we responsible to replace the carpet? We are in Northern California.

2007-12-06 07:36:14 · 11 answers · asked by Anonymous in Renting & Real Estate

2007-12-06 07:32:31 · 7 answers · asked by $nate1018 1 in Renting & Real Estate

It says that it was proven on Oprah and Dateline. You have to remove the first name from the list and add your own. You then send the modified letter to 200 plus people. It even quotes some lottery section of the law to prove it is legal. It promises that a small percentage will send a dollar back to you, but as they send out their 200 letters with your name on it, you'll be in the money.

2007-12-06 07:31:34 · 7 answers · asked by nikki 1 in Other - Business & Finance

All the box says is "Exempt from backup witholding". I do NOT owe the IRS money. So do I check it or not?

2007-12-06 07:30:12 · 5 answers · asked by Anonymous in United States

My husband wants to co-sign a loan for his cousin. How could this affect MY credit in a negative way? I have good credit and don't want it ruined.

2007-12-06 07:23:11 · 13 answers · asked by kimbakererie 4 in Credit

i still dont get this insurance bit!! uhhhgg!!!

2007-12-06 07:20:37 · 5 answers · asked by sharpie2292 3 in Insurance

2007-12-06 07:20:15 · 10 answers · asked by c r 1 in Food Service

I am going to liquidate a corporation prior to year-end, and would prefer to use 2007 tax forms. Does anyone have access to 2007 Form 1120, Form 4797, and Schedule D that could email them to me in PDF format or direct me to a site where I could download them?

2007-12-06 07:20:09 · 5 answers · asked by Michael B 1 in United States

im single parent of 1 son and i claim hoh

2007-12-06 07:20:04 · 5 answers · asked by pretty1 1 in Other - Taxes

Is it easier to multiply your hourly pay x hours worked x weeks (52 in a year) or hourly pay x hours worked x months (12 in a year)? I just want to get a more accurate formula.

When interviewing with employers, they throw out this huge yearly salary but when you break it down into such a formula, it is sometimes a lot less. Thanks.

2007-12-06 07:18:41 · 4 answers · asked by Curious1 2 in Other - Business & Finance

Second child on the way and currently own a 2 BR ranch in suburbs of Boston ($$$). How do i start looking for forclosed homes. News reports indicate that there are deals to be found but how do you start?

2007-12-06 07:17:00 · 6 answers · asked by ME 2 in Renting & Real Estate

I would like to take cash at time of rollover. I know that will be taxable. I am 62 years old and had to take early retirement. I only have my SS income.

2007-12-06 07:06:50 · 6 answers · asked by Portlandgringa 1 in Personal Finance

I need some basic ideas of laying out a plan for a home business t shirt company. I have my logo, my designs, my targets of who and where I will shop it to. I just feel unorganized.and its keeping me at a stand still

2007-12-06 07:05:19 · 6 answers · asked by Tamm 4 in Small Business