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Business & Finance - 28 December 2007

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Advertising & Marketing · Careers & Employment · Corporations · Credit · Insurance · Investing · Other - Business & Finance · Personal Finance · Renting & Real Estate · Small Business · Taxes

Okay, 5 days prior to closing on our new home our old home caught on fire and burned down completely (Due to ice storm). Our settlement amount will come close to what we owe on our new mortgage. I say we pay off our new mortgage (155K) and keep our old mortgage (30K) and just clear the lot or slowly rebuild the burned house and use it for a rental. This home in is Oklahoma, so the price of homes (and new homes) isn't as high as other states.

How else would be a better investment.

2007-12-28 08:43:23 · 6 answers · asked by no kidding 3 in Personal Finance

I know it has something to do with bussines but what is the role of a CEO in a company for example. How can someone become a CEO?

2007-12-28 08:41:05 · 4 answers · asked by Elsay 1 in Corporations

My financial situation over the past 2 years has greatly improved. YAY!! but now I am at a crossroads. I have two large debts left to pay (2 cards. $1800 each). I have $5000 in savings to use. I liked the idea of holding on to the cash, just in case something like a car accident or some other catastrophie, but the prospect of being credit card debt free is awfully tempting. The $5000 is from my student loans, so I would have to pay it back anyway, but at least that won't begin for another 21 months. I know the money should be used to pay for classes, but I can always take out another loan, right?

What should I do?

2007-12-28 08:40:16 · 8 answers · asked by Anonymous in Credit

i got a note on my door the other day saying that my house is n default so it will sell on the 15 of jan. My landloard is telling me he saved the house but everyone ealse is saying that he didnt or they would not have left this notice on my door. Who do i belive? He wants me to pay my rent and i told him no. The notice is from his lending co. Should i pay him or has he lost his house?

2007-12-28 08:39:58 · 10 answers · asked by karls dream 3 in Renting & Real Estate

I'm due to receive a bonus in July. How can I calculate how much taxes will be taken out? I live in california.

I'm using excel, and am keeping a running total of what my bonus will be. How can I show what it will be after taxes??

2007-12-28 08:32:38 · 3 answers · asked by mamba 1 in United States

I just moved from Delaware to Virginia to take a new job, and I am interested in buying a house in the near future. Do I need to change to VA residency? What are the benefits to changing residency? Thanks.

2007-12-28 08:24:56 · 3 answers · asked by Beachman 5 in Renting & Real Estate

i heard it's a good practice to keep balance under 30% of credit limit, now is that per card or all your debts vs. all your credit cards limits added up together?
i'm curious whether it's better to transfer my balances so that it's under 30% per card.

also, is it true that as long as it's under 30%, it won't do a thing to your credit how much you owe?

2007-12-28 08:16:15 · 4 answers · asked by emaxima 1 in Credit

2007-12-28 08:15:58 · 12 answers · asked by barrutt 1 in Renting & Real Estate

I know the clothes that are used on a daily basis cannot be used as a tax write off, but could a tux be used as one since it is used primarily for professional purposes.

2007-12-28 08:10:47 · 6 answers · asked by bolinger81380 4 in United States

I opened a home daycare this year. I will have only worked 2 days this year (28th and 31st of December) since I have opened (December 26th). How do I claim my expenses this year? I have not yet been paid, so I have no income to claim only expenses.

2007-12-28 08:08:04 · 6 answers · asked by Anonymous in United States

i know i know i was young stupid, naive, hardheaded, and just plaine dumb. i learn my lesson now and all i want to do is prepare for my future. why do i fell like im the only one in the world who got it this bad please help me.... thank you sooooo much!!!!

2007-12-28 08:04:50 · 21 answers · asked by ? 1 in Credit

How do I get a copy of the front of the Mtg or Deed for homewoners without driving to every county?

2007-12-28 07:55:48 · 3 answers · asked by LOST 1 in Renting & Real Estate

Are there companies that verify current homeowner with a copy of the front page of the Mortgage or Deed without me going to every county in MO an KS. Can this be done on line?

2007-12-28 07:54:27 · 3 answers · asked by LOST 1 in Renting & Real Estate

Under collections it appeared that it contacted me or was collecting from me in 2004, three years ago when I was 16 yrs. old and didnt' have any credit. I just want to know how can this happen?

2007-12-28 07:51:59 · 7 answers · asked by Anonymous in Credit

I'm 18 and I'm getting my first credit card. I'm enrolled in college. I just want the best credit card. I just need to start getting credit.

2007-12-28 07:46:59 · 15 answers · asked by Anonymous in Credit

my parents bought me this 100$ giftcard and i got tha things that i wanted, and it all camed out to 100.79,would they still accept it with tha 79 cents on it (im payin over tha internet).

2007-12-28 07:46:55 · 4 answers · asked by Anonymous in Other - Taxes

I live in Denver, CO and I've been trying to get a job forever. =[

2007-12-28 07:44:49 · 6 answers · asked by Nestor 3 in Other - Careers & Employment

I had to move from one state to another. I have been trying to sell my old house for about a year. Finally I am going to have to do a short sell (I have a couple offers to pay less than what I owe on the home). I should probably get some money back on my tax returns and would like to use it to pay off the large credit card balances I have acquired over this period of time. Can the mortgage company seize any returns I may get because I am having to do a short sell?

2007-12-28 07:34:32 · 8 answers · asked by Marky 3 in United States

Me and my husband want to buy an apartment or house in miami. We have a budget of 200,000. But i'm trying to factor in property tax and i'm confused.

So if we buy a 200K flat, we get taxed on the 200K. But if miami prices go up the following year and my flat is worth 300K, do I have to pay taxes on 300K. What if I can't afford it? Do I loose my house to the government tho I can totally afford the mortgage.

Does the tax bill change every year??? That can't be right. how do you keep track of your money if you haven't a clue what your tax bills are.

2007-12-28 07:33:10 · 2 answers · asked by jennifer_santolla 2 in United States

What is your credit score. Be honest! Is your credit standing important to you?!?

2007-12-28 07:32:52 · 9 answers · asked by MissT 3 in Credit

I'm trying to save money, as I will be 18 soon. I want to have a back up source of money just in case a paycheck doesn't cut it on any particular month, but the one thing stopping me from saving a respectable amount of money is my impulsive spending. It's not that bad - I don't spend 100's of dollars a month. But even so, I want to break the habit. Does anyone have any tips for me?

Thanks!

2007-12-28 07:10:34 · 7 answers · asked by Anonymous in Personal Finance

My corporation only had a total income of $20,000 last year of which $16,000 was an asset. Do I need to file federal corporate income tax?

2007-12-28 07:08:42 · 3 answers · asked by Anonymous in United States

I work for the Walmart/Sam's club credit card. I hear complaints/compliments all day. What has been your experience with GE Money. Some things I can relate to.

2007-12-28 07:06:54 · 2 answers · asked by MissT 3 in Credit

I made a typo earlier. I am a single mother working part time with 2 kids-dependent and within this 2007 year my earnings are 21,562.64 and my fed witholding is 1,232.04 how much am I looking to get back with earned income tax credits???

2007-12-28 07:00:18 · 4 answers · asked by Ruby R 1 in United States

I keep reading that the housing market has dropped significantly again in the past 3 months, with 2008 looking even worse. I am worried about the economy as we are just squeaking by. Right now we are about even, we owe what the house is worth, almost exactly. Should we get out now for more affordable housing by putting on the market and hope it sells? Or risk foreclosure if the economy tumbles even more?

2007-12-28 06:58:50 · 6 answers · asked by Kiki1984 1 in Renting & Real Estate

Has anyone heard that it is not a fraud?
Has anyone sent money in to sign up?

2007-12-28 06:53:11 · 5 answers · asked by wisperingwinds66 1 in Credit

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