Monthly Archives: September 2009
Sushi and Six Degrees of Separation
Sushi and six degrees of separation. Last night, I had dinner at a good all-you-can-eat sushi restaurant in Palatine, IL called Sushi Para. It turns out my dinner companions and I had a lot in common.
The Ilyce Glink Show — September 20, 2009
September 20, 2009 — Today on the Ilyce Glink Show, Ilyce discussed the latest economic news, including unemployment numbers going up and down. We had a caller to the show who wanted to know when is the smartest time to make a mortgage prepayment, and Ilyce answered more personal finance and real estate questions. Join Ilyce in Atlanta in October for the How to Profit From Foreclosure full-day event. See Ilyce’s blog for a special event discount and for show notes and helpful links.
$10,000 Home Buyer Tax Credit For Everyone To Replace $8,000 First-Time Home Buyer Tax Credit?
The $8,000 first-time home buyer tax credit will expire on November 30, 2009, unless Congress votes to extend the deadline. But with positive housing news coming out and with health care sucking the oxygen out of the room, is there the political will to extend and expand the $8,000 first time home buyer tax credit? Sen. Johnny Isakson (R-GA) thinks so, but instead of pushing his $15,000 home buyer tax credit for everyone, he is going to propose a $10,000 tax credit for everyone, including millionaires. He believes he can attach it to upcoming legislation as an amendment and get it passed. I spoke with Sen. Isakson this morning about his efforts to get the tax credit legislation passed.
Ilyce Glink Show on WSB Radio – September 13, 2009
Today on the Ilyce Glink Show, Ilyce discussed the Taylor Bean and Whitaker mortgage servicing confusion with several callers. See our Taylor Bean and Whitaker homepage for the full updates. Ilyce directs callers to the resources they need to get help with their Taylor Bean and Whitaker problems. Is a FICO score really necessary? Dave Ramsey says no, but Ilyce explains why she thinks a FICO score still matters. Ilyce helps a caller weigh the pros and cons of tapping into his retirement savings to buy a vacation condo. Listen to the podcast here and check out the blog for more show notes.
Ilyce Glink Show on WSB Radio – September 27, 2009
Today on the Ilyce Glink Show we talked about the Georgia Flood and insurance Claims Secrets. Russell Longcore was a live guest on the show. We had a full hour of information about flood insurance, including Russell’s 7 Myths of Flood Insurance. Listen to the podcast here and visit Ilyce’s blog for more show notes and the Seven Myths of Flood Insurance.
Ilyce Glink Show Notes – Atlanta Flood Special, September 27, 2009
Ilyce Glink Show Notes – Georgia Flood and Insurance Claims Secrets. Russell Longcore was a live guest on the show. We had a full hour of information about flood insurance, including Russell’s 7 Myths of Flood Insurance. Highlights of the 7 Myths of Flood Insurance are below.
Taylor Bean and Whitaker: Where Are Mortgage Records Kept?
Taylor Bean and Whitaker Update — September 25, 2009: With all the confusion happening with Taylor Bean and Whitaker, there are more situations arising where people can’t find the information they need. More answers should come after the October 31 deadline set by bankruptcy court, but for now, ThinkGlink wanted to know, “Where are the Mortgage Records and Closing Documents Kept?” Please continue to leave comments and join in the Taylor Bean and Whitaker discussion. We will do our best to help find the answers to your questions.
New Media Atlanta and Chris Brogan
New Media Atlanta conference featuring Chris Brogan. Social Media and Social Marketing Conference notes and tips. I’ll be blogging live with some of the best social media and social marketing tips I’m learning. Photo credit: Jennifer Carter
Holding Title To Real Estate in an LLC
When you decide to invest in real estate, you’ll have a choice as to how you want to hold title to your real estate investments. One choice is to hold title to real estate in an LLC (limited liability company). A limited liability company protects the individual owners from personal liability and for federal income tax purposes those investors can ignore the LLC when they complete their tax returns. The LLC exists but the owners can take the losses and gains from the investment directly on their individual tax returns. For these reasons, most real estate investors choose to hold title to their real estate investments in an LLC.
LLC vs Corporation: Is An LLC Better For Real Estate Investing
Most people prefer an LLC for real estate investing. But some accountants still recommend that their clients use an S Corporation to invest in real estate. LLC, or limited liability companies, have become the method of choice for real estate investors. Most states have laws that permit the use of limited liability companies or some other company structure that is similar to an LLC.
