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Kenneth R. Harney

New idea to free up equity has drawbacks

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Maximize Corporate Tax Deductions with Charitable Donations

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Time to Concede Home “Ownership” Is a Fraud.

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DOWN, BUT NOT GONE: QUICK TAX REFUND LOANS, CONTINUE TO GOUGE TAXPAYERS

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Answers Needed

Which affords more protection-having payments made from your bank account or authorizing your creditor...?
Do we have a National Savings Day in U.S.?
I'm leaving an employer, and have paid most of my deductible for 2009 already. If I switch to COBRA, does my deductible reset? Or is it a continuation of my original policy, and I have already satisfied the deductible requirements?
Rental House - Gift vs Inheritance.

My mother has a rental house for 23 years and now she wants to give it to me . What is the tax consequence? How can we avoid paying tax?

My friend suggested that my mother just leave the house to me in her will since it will be an inheritance the basic will be FMV at that time and I won't have to deal with the past rental. Is this true?
What are mortgage (origination) points?

Advisors

Ronson Shamoun JD, LL.M.

Ronson Shamoun JD, LL.M.
San Diego, California
Legal

Stelmakh & Associates, LLC

Stelmakh & Associates, LLC
Seattle, Washington
Legal

Bryan P. Keenan & Associates, PC

Bryan P. Keenan & Associates, PC
Pittsburgh, Pennsylvania
Legal

Julian McMillan

Julian McMillan
San Diego, California
Legal

Antonio Vega-Pacheco

Antonio Vega-Pacheco
Kissimmee, Florida
Real Estate

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