Employing individuals in Nicaragua can be a very difficult project. It is one of the more difficult aspects of running a business, or maintaining your home in the country. It can be very easy to get into bad situations, that can end up costing you a significant amount money. For example, I know of an…
When banks take possession of foreclosed properties, they typically sit vacant. When this happens, the yards and the homes themselves will deteriorate, often becoming eyesores for their neighborhoods. This will cause property values of perfectly good homes in the same neighborhood to begin a steady decline.Vacant properties pose numerous risks, from kids getting hurt by…
Distributions taken from a Traditional IRA before the IRA holder reaches age 59½ are called early distributions. The amount included as income is subject to a 10 percent penalty under the federal tax code. However, there are a few exceptions where the 10 percent penalty does not apply. With many investors forced to dip into…
Everybody can buy real estate in the Dominican Republic – no residence or local partners are required! Be careful with all estate agents and realtors in the Dominican Republic as they do not need a license to operate, and they have no malpractice insurance. Your deposits are not covered by any laws or organizations. Before…
Creation and SaleA structured settlement is an agreement between parties which generally results in an insurance entity committing to make tax-free payments to an individual for an agreed upon period of time or for the life of the individual. Structured Settlements are based on a financial plan for immediate cash and future tax-exempt payments which…
America is at risk of becoming the fountainhead of a new inflationary outburst. The U.S. dollar is now in decline, gold is moving sharply higher and new global currency turmoil is on the horizon. The Federal Reserve’s actions are clearly inflationary. The US is printing money as fast as it can, while destroying wealth and…
Hundreds of companies and their websites advertise the Checkbook Control IRA by many different names: Checkbook IRA, Checkbook LLC, IRA-LLC. The Checkbook Control IRA is recommended for many different applications, but once the LLC is created, what do you do next?My goal in this piece is to describe the proper care and feeding of a…
For every action there is a reaction. If things are bad for one, they have to be good for another, right? The same principal applies in the world of investment real estate. We have all read about the developers and owners of commercial real estate that are undergoing tremendous financial pressures with some being forced into…
It had to happen. In the face of catastrophic losses, massive unemployment and an economy that is still scratching its head as to how the whole crisis unfolded, the US government has stepped into the breach in an effort to bail out the country’s banks, protect consumers, and restore investor confidence so that the economy…
As part of the UK government’s latest plan to curb taxpayer-funded legal spending, companies and directors cleared of criminal charges in the UK could be barred from recovering their defence costs – potentially leaving businesses and individuals acquitted of fraud, price-fixing, corporate manslaughter and other serious offences with legal bills ranging up to several million…
