Posted on May 29th, 2009 by Carlo Capomazza
Image via Wikipedia DEAR BENNY: I was told by a prominent accountant that there is a loophole in the law that states that you can be exempt from paying capital gains (if you are in a home less than the two-year period) if there are “unforeseen circumstances” involved. Are you aware of this? Can you [...]
Filed under: Legal Advice in Common Scenarios, Tax Issues | No Comments »
Posted on May 29th, 2009 by Carlo Capomazza
DEAR BENNY: My question is about the two-year residence requirement for tax exemption when selling your main residence. We owned the bare land for years and built a home on it in 2006. We actually moved out of our rental and into the home on Nov. 6, 2006, and by Dec. 31 the home was [...]
Filed under: Legal Advice in Common Scenarios, Tax Issues | No Comments »
Posted on May 29th, 2009 by Carlo Capomazza
Cover via Amazon Paul Ekman By Jill Bolte Taylor Information about the external world streams in through our senses and is then processed and integrated by our brains into thoughts, words or deeds. And accompanying those forms of communication are facial expressions and the physical responses we call body language. Thanks to Paul Ekman and [...]
Filed under: Commentary | No Comments »
Posted on May 28th, 2009 by Carlo Capomazza
Image by respres via Flickr Making Home Affordable program expanded BY INMAN NEWS, THURSDAY, MAY 14, 2009. Inman News The Obama administration will encourage troubled borrowers who don’t qualify for loan modifications or can’t keep up payments on a modified loan to pursue a short sale or deed their property to their lender in order [...]
Filed under: Mortgage, Real Estate Market, Short Sale | No Comments »
Posted on May 26th, 2009 by Carlo Capomazza
Image by rubenerd via Flickr In California, a security deposit for residential property unfurnished, the security deposit may equal 2 times the rent. If furnished, the landlord may charge up to 3 times the rent. In California, there is no such thing as a ‘non-refundable’ security deposit. No matter what it’s called “a key deposit, [...]
Filed under: Moving, Renting | 2 Comments »
Posted on May 25th, 2009 by Carlo Capomazza
ABU DHABI (Reuters) – The world economy has avoided “utter catastrophe” and industrialized countries could register growth this year, Nobel Prize-winning economist Paul Krugman said on Monday. “I will not be surprised to see world trade stabilize, world industrial production stabilize and start to grow two months from now,” Krugman told a seminar. “I would [...]
Filed under: Current Events | No Comments »
Posted on May 24th, 2009 by Carlo Capomazza
Bargains in a Bad Economy: By DAN KADLEC Going out of business signs have been popping up all over the country at mom-and-pop furniture stores as well as at giant home furnishing chains like Linens N’ Things, which filed for Chapter 11 bankruptcy protection last year. Inventory reduction sales on furniture and decorative items typically [...]
Filed under: Commentary, Current Events, Electronics, Home Design, Home Improvement, Interior Design, Money-Saving | No Comments »
Posted on May 23rd, 2009 by Carlo Capomazza
Image by Getty Images via Daylife Bargains in a Bad Economy: By DAN KADLEC We all know the story. Housing got way too hot a few years ago, and when the bubble burst it took down the whole economy. Well, as housing recovers so too will everything else. Dire forecasts persist. Some argue that home [...]
Filed under: Commentary, Current Events, Foreclosure, Money-Saving, Real Estate Market | No Comments »
