Forum: Business, Finance, and Investing
05-14-2007, 08:22 PM
|
|
Replies: 5
Views: 58
Re: Car Sale/Income Tax Question
I meant I think there is no sales tax if I give my girlfriend a $5,000 car, since there was no sale, only a gift.
Also, if I buy a car for $500 at an auction. Then sell it in the paper for $5,000....
|
|
Forum: Business, Finance, and Investing
05-14-2007, 02:28 PM
|
|
Replies: 5
Views: 58
Car Sale/Income Tax Question
When I have more time, I will post the details of my car sale negotiations.
I bought a car in 1999 for 18K or so. As of Sept. 2006, it had about 70K miles on it.
I initially considered selling...
|
|
Forum: Business, Finance, and Investing
05-07-2007, 07:02 PM
|
|
Replies: 8
Views: 89
Re: Car Insurance Question (Multiple cars)
Yes. I am single and drive two car -- an 02 Toyota Sienna van and an 06 Corolla. The cost of insuring the two cars was definitely NOT double the cost of insuring one.
So your insurance company...
|
|
Forum: Business, Finance, and Investing
04-25-2007, 05:58 PM
|
|
Replies: 12
Views: 73
Re: side biz - real estate agent or broker?
So if you are curious, give it a shot. But realize that it will only be a side business and don't give up your day job.
If you can sell 1 home every 6 months to supplement your income, fine. If...
|
|
Forum: Business, Finance, and Investing
04-25-2007, 05:56 PM
|
|
Replies: 12
Views: 73
Re: side biz - real estate agent or broker?
Good question. It's something I have thought about myself.
First, real estate is a very cyclical business. And there are very high start up costs. It can take you many years to learn the ropes and...
|
|
Forum: Business, Finance, and Investing
04-22-2007, 01:55 AM
|
|
Replies: 6
Views: 56
Re: Is this HSBC email legit?
I have been doing HSBC for several months now. And the web address you gave does not look familiar at all.
Doesn't mean it cannot be legit. But it's not the one I use. I am in the USA. In...
|
|
Forum: Business, Finance, and Investing
04-18-2007, 05:52 PM
|
|
Replies: 5
Views: 57
|
|
Forum: Business, Finance, and Investing
04-17-2007, 03:54 PM
|
|
Replies: 9
Views: 59
Re: Pay off house with windfall?
For example, let's say your mom one day told you ORALLY that she wanted your brother's 1/3 share of the proceeds from the house to go to her cat.
Do you think that as an executor, you could or...
|
|
Forum: Business, Finance, and Investing
04-17-2007, 03:52 PM
|
|
Replies: 9
Views: 59
Re: Pay off house with windfall?
Well, the part about your brother having to use the money to pay down his mortgage is the key to your OP.
If your mother's wish in that regard was expressed orally, then the bottom line is that it...
|
|
Forum: Business, Finance, and Investing
04-16-2007, 08:24 PM
|
|
Replies: 9
Views: 59
Re: Pay off house with windfall?
Thanks for presenting such an interesting situation.
It's important that you talk to your mom and try to convince her to speak with an attorney who specializes in wills and trusts.
It's...
|
|
Forum: Business, Finance, and Investing
04-15-2007, 11:46 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
If you are interested in getting a great bargain, you may wish to try focusing some effort on looking at bank owned properties.
Here in Fresno, so many homes are going into foreclosure that you...
|
|
Forum: Business, Finance, and Investing
04-15-2007, 10:46 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
Great posts Gibbs. I hope more people will post their negotiating experiences here with houses, cars, etc. so that we can all learn.
It's important to keep your expectations realistic. Even in a...
|
|
Forum: Business, Finance, and Investing
04-12-2007, 08:39 PM
|
|
Replies: 68
Views: 236
|
|
Forum: Business, Finance, and Investing
04-09-2007, 07:45 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
So Seller has come down from 279,900 to 259,500 as is.
And you are really offering 240,000 as is (250,000 with seller to pay for 10K roof.)
So you are about 20K apart. What does your agent say...
|
|
Forum: Business, Finance, and Investing
04-09-2007, 05:31 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
A lot of sellers want to sell as is. Few sellers want to take the time and effort to fix up their place.
It's especially risky for a seller to spend 10K on a new roof that you may or may not like...
|
|
Forum: Business, Finance, and Investing
04-05-2007, 04:10 PM
|
|
Replies: 36
Views: 196
|
|
Forum: Business, Finance, and Investing
04-05-2007, 04:08 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
A good agent should be able to provide you with some hard STATISTICS about selling and asking prices.
But as you mention, you have to be very careful about an agent's OPINION. Most agents have a...
|
|
Forum: Business, Finance, and Investing
04-05-2007, 02:14 PM
|
|
Replies: 10
Views: 66
Re: Efficient Market Hypothesis
When the second richest man in the world says the Efficient Market Hypothesis is a lot of baloney, I think you gotta respect his views.
You should do some research on Warren Buffett quotes about...
|
|
Forum: Business, Finance, and Investing
04-05-2007, 02:11 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
In theory a patient seller could live there for 20-30 years until he dies. So based on this fact that you yourself present, you should not expect him to take a lowball offer.
In his mind, he has...
|
|
Forum: Business, Finance, and Investing
04-05-2007, 01:58 PM
|
|
Replies: 63
Views: 458
Re: Lowball Offer on House
First, I want to thank OP for a great post. I would like to see more such posts re: negotiating for a good price on cars, homes, etc.
I may go back and try to post some info on my car buying...
|
|
Forum: Business, Finance, and Investing
04-05-2007, 01:21 PM
|
|
Replies: 1
Views: 49
|
|
Forum: Business, Finance, and Investing
04-01-2007, 03:53 PM
|
|
Replies: 14
Views: 100
|
|
Forum: Business, Finance, and Investing
04-01-2007, 08:29 AM
|
|
Replies: 14
Views: 100
|
|
Forum: Business, Finance, and Investing
04-01-2007, 08:16 AM
|
|
Replies: 14
Views: 100
|
|
Forum: Business, Finance, and Investing
04-01-2007, 06:33 AM
|
|
Replies: 14
Views: 100
|
