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Transfer of Real Property and Installment Notes Using Quit Claim Deeds
What is the name of your state (only U.S. law)? CA My friend and I were business partners and owned a few real properties in my name. We decided to go our separate ways and now I want to put some of the properties in his name. He wants me to use quit claim deeds to transfer the real...- TaoWanderer
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- Replies: 8
- Forum: Other Real Estate Law Questions
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Auctioneer Ripped Me Off
What is the name of your state (only U.S. law)? CA I need urgent help, plz, ty. I just got ripped off with an auctioneer. What should I do? For a $15,000 item that I could sell on Craigslist or eBay easily. He gave me a check for $1,300 and now I realize that he did not ask me to put a...- TaoWanderer
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- Replies: 7
- Forum: Consumer Contracts, Guarantees and Warranties
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“Simple Interest” vs. “Regular Amortizing” (daily vs. monthly) Seller Financing
What is the name of your state (only U.S. law)? CA Looks like there are 2 main ways to calculate interest on a mortgage, the so called “Simple Interest” method in which interest is calculated on a daily basis vs. “Regular Amortizing” in which interest is calculated on a monthly basis. Here's an...- TaoWanderer
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- Replies: 2
- Forum: Mortgages, Refinancing & Foreclosure
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Definition of "Commercial Vehicle" in CA and NV
Here is a very ambiguous definition of "Commercial vehicle" in NV: Here is CA's equaling mind boggling definition of "Commercial Vehicle": At this website: Who Must Stop at Scales? CHP tries to decipher the CA Vehicle Code as it requires all "Commercial Vehicles" to stop at all weigh stations...- TaoWanderer
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- Replies: 7
- Forum: Parking Tickets and Non-Moving Violations
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Anyone know how to interpret this 72 hour parking law in San Diego County.
What is the name of your state (only U.S. law)? CA Anyone know how to interpret this 72 hour parking law in San Diego County. The code is below, in bold is the part I'm confused on. To me it either means at least once every 72 hours you have to move your car at least half a mile away and...- TaoWanderer
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- Replies: 21
- Forum: Parking Tickets and Non-Moving Violations
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Independent Contractor / Surpise Business Owner
What is the name of your state (only U.S. law)? CA I started working from home for a company doing over the phone consulting in 2009. I didn't realize that I was considered an independent contractor vs an employee until it was tax time. At the beginning of 2011 I started working for a second...- TaoWanderer
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- Replies: 23
- Forum: Starting and Operating a Business
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Construction Workers' Comp Hernia
What is the name of your state (only U.S. law)? Iowa A friend of mine asked me for help. He lives in Iowa and is subject to the rules of Iowa. He works for a construction company and he got a hernia on his lower belly a year ago while on the job and it has been getting worse and worse as time...- TaoWanderer
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- Replies: 0
- Forum: Workplace Injuries & Worker’s Compensation
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Do I need a CA or a NV living trust?
What is the name of your state (only U.S. law)? NV, CA I am in the process of buying a home in California, right now I'm a resident of Nevada and wanted to setup a living trust for myself so I can put the home I'm buying directly into the trust, so I don't have to change it later. If I...- TaoWanderer
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- Replies: 1
- Forum: Wills, Trusts and Estate Planning
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Law regarding borrowing your neighbors wireless internet - NV
What is the name of your state (only U.S. law)? Nevada Anyone know what the law is in Nevada or Federal (if applies) regarding borrowing your neighbors wireless internet, either accidentally or intentionally? Thank you.- TaoWanderer
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- Replies: 19
- Forum: Other Crimes – Federal and State
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Is CA completely insane. Wants exact dates of every visit since born.
What is the name of your state (only U.S. law)? NV What I'm I supposed to put on Sch CA (540NR) Part I, Line 8 and 9? Here's that portion of Sch CA (540NR) Part I Residency Information: During 2009: 1 a I was domiciled in (enter state or country) b I was in the military and stationed...- TaoWanderer
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- Replies: 3
- Forum: Tax Law
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TurboTax Step-by-Step interview not asking me to divided my CA interest income.
What is the name of your state (only U.S. law)? NV Instead TT automatically puts a 0. in Sch CA(540NR) line 8. E. meaning none of my interest income comes from CA sources, which is not true. Actually most of it comes from interest on an installment sale of a CA property. Is this bug or am I...- TaoWanderer
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- Replies: 0
- Forum: Tax Law
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Mysterious $1 difference in Capital Gains between Fed and CA
What is the name of your state (only U.S. law)? NV Mysterious $1 difference in Capital Gains between Fed and CA It's showing up as an adjustment, a $1 subtraction (difference between California and federal law) on Sch CA(540NR): California Adjustments on line 13, B. I'm a California...- TaoWanderer
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- Replies: 8
- Forum: Tax Law
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To Amend or Not to Amend
What is the name of your state (only U.S. law)? NV Last year April 14th, '09 I mailed my 2008 Federal and CA return (due to income from an installment sale of vacant land in CA, I'm a NV resident) along with my 2007 Amended Federal and CA return. I mailed it from a USPS located inside a...- TaoWanderer
- Thread
- Replies: 1
- Forum: Tax Law
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Loan Modification - Interest Double Charge?
What is the name of your state (only U.S. law)? CA Last year I had to do a loan modification on the note I'm carrying to save it from default, changing the term from 7 years to 30 years and thus lowering the payment. I have been servicing the loan myself and calculating the interest using the...- TaoWanderer
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- Replies: 0
- Forum: Mortgages, Refinancing & Foreclosure
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Listing Ending Buying Property Without Realtor
What is the name of your state (only U.S. law)? CA I made an offer to buy a piece of real estate through the listing agent 4 months ago, which was not accepted and I was not in a position to offer more. Now the parcel is no longer listed on the MLS and it looks like the seller may be willing...- TaoWanderer
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- Replies: 3
- Forum: Buying & Selling a Home
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Should I get an ENVIRONMENTAL SITE ASSESSMENT?
What is the name of your state (only U.S. law)? California I’m trying to buy a ~0.2 acre industrial vacant land in California and my commercial real estate agent is recommending me to get a PHASE I ENVIRONMENTAL SITE ASSESSMENT as part of my due diligence while it’s in escrow, which will run me...- TaoWanderer
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- Replies: 6
- Forum: Other Real Estate Law Questions
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Installment Sale Gone Bad
I sold an improved piece of land in California in August of 2007 for $195,000 and received $20,000 down payment and the remaining $175,000 to be paid to me in monthly installments of principal and interest amortized over 7 years. She’s paid $74,490.93 so far of which $25,175.49 went to interest...- TaoWanderer
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- Replies: 10
- Forum: Mortgages, Refinancing & Foreclosure
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Do I need to send a 1098 form to the payer of my note?
What is the name of your state (only U.S. law)? NV Sold a land on installment sale in 2007. Just became aware of such a thing as a 1098 form. Do I need to send a 1098 form to the payer of my note? On my 2007 tax return I wrote that I my occupation was “Real Estate Investor”, because Turbo...- TaoWanderer
- Thread
- Replies: 0
- Forum: Tax Law
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What are the rights of an easement holder?
What is the name of your state? NV My property is behind my neighbors property and I have an 20' wide easement at the bottom of their property to get to my property. There is a 4 foot wire fence between my easement and the rest of my neighbors property. The renters in the back of my...- TaoWanderer
- Thread
- Replies: 1
- Forum: Neighbors & Boundaries
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I cut and removed trees for my neighbor for $600, am I suppose to report it on taxes
What is the name of your state? NV If so, which form would I report it on?- TaoWanderer
- Thread
- Replies: 1
- Forum: Tax Law
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