Renting out a house for Mother-in-law.?

bmurph asked:My mother-in-law inherited her fathers home free and clear, no mortgage. She has been trying to sell it for a year now. I had suggested to her that she should rent it out, until the economy turns around, and then put it back on the market. My father-in-law [...] Continue Reading…

McCord Financial Statement Ratios?

Lost asked:McCord Financial statement ratios?

Selected year-end financial statements of McCord Corporation follow. (Note: All sales are on credit; selected balance sheet amounts at December 31, 2004, were inventory, $32,400; total assets, $182,400; common stock, $90,000; and retained earnings, $31,300.) McCORD CORPORATION Income Statement For Year Ended December 31, 2005 [...] Continue Reading…

Okay moving in with a guy and I have a question…?

curious_female____ asked:So he is buying a house, putting the down payement on it and we are going to live there. He is going to rent rooms out since he has, 3 other sbesides his own, that he wants to share with me. So if he really cares about me [...] Continue Reading…

Im filing for Chpt 13 Bankruptcy.I want to keep my house and first mortgage. Can I make my 2nd?

Zippy asked:Mortgage part of the bankruptcy and not pay it.

Republicans, how can I put the cost of my mortgage off budget like you put cost of wars off budget?

da_yooper57 asked:I need to balance my budget when you balanced your budget you did so by putting cost of wars off budget theN you claimed you balanced the budget.

PLEASE SHOW ME HOW TO DO THAT IN REAL LIFE!

mortgage preapproval and approval?

andyb asked:I have been prequalified for a loan, will two 30 day late payments over a year ago and an item sent to collections over 2 years ago be enough for them to deny me a loan?
I already have the preapproval letter with loan to values and estimated cash [...] Continue Reading…

If the owner of a home does and the loan is in his name do the remaining residents get possession of the home?

bobbb asked:My dad recently died and the house and mortgage was in his name only. Who gets possession of the house? Also, if he was not married to his “girlfriend” for over 20 years does that change anything?
Also, my dad had no will

My employer gave me 1099 form. I’m current working as a part time 16hours/week. What is the tax rate for this?

Erin asked:I’m single and an independent without any dependents to file with me. I’m living with my parents but helping them with the mortgage for the house which is under their name. My hourly wage is $14..

Why is my federal refund so low?

artsyfartsy08 asked:My itemized deductions were $34,000, including $21,000 of mortgage interest. Why is my refund only $320??? This doesn’t make any sense. I thought on average you received about 1/3 of your itemized deductions back as a refund.
I thought that you got some benefits from homeownership by getting [...] Continue Reading…

Will I get my dream house??

Kahmal_towz asked:Im buying a short sale house. First mortgage was with through Bank of America…this was approved, second mortgage on the house was with Old Republic, they want $4000 and will sign off on the title for the house. Sellers and buyers are negotiating the $4k for the second [...] Continue Reading…