I Transferred an Interest in an Entity that Owns Real Estate in Washington. Is Excise Tax Due on the Transaction?
BY WOLFFANDHISLOP ON APRIL 18, 2013 By JENNIFER JACKSON, Attorney at Law The Washington Department of Revenue imposes excise tax on each sale of real estate. See RCW 82.45.060. The term “sale” includes the transfer of a controlling interest in any entity with an interest in real property located in Washington for valuable consideration. See […]
When Student-Loan Payments Come Due – WSJ
There are steps you can take to minimize the pain of beginning to repay your student loans. Here’s how to get a jump on the process: Know your loans. Staying organized is critical, says Jodi Okun, founder of College Financial Aid Advisors in Seal Beach, Calif. Gather all your loan information in one place, including […]
10 Surprises When Inheriting Real Estate
HUFFINGTON POST FRIDAY, OCTOBER 31, 2014 7:52 PM GMT Following the death of a loved one, you may become the recipient of an unexpected parcel of real estate. Yet, with every windfall comes great obligations, so be prepared for the surprises you may encounter when inheriting property. Mortgage Transfer You may be able to keep […]
How Your Mother In-law Can Add Value To Your House! (No seriously…..) The Hottest Home Amenity: In-Law Apartments – WSJ
In an analysis of real-estate listings, homes with in-law units, technically called accessory-dwelling units (ADUs), were priced about 60% higher than houses without them, according to real-estate website Zillow, which examined the past four years of new listings in major cities. via The Hottest Home Amenity: In-Law Apartments – WSJ – WSJ.
What to Do If Someone Uses Your Trademark
You worked hard to brainstorm and design a name and logo to establish your branding, so how can you prevent other companies from using it? Well it can be a bit tricky. Trademark law can confuse even the savviest business owners. The United States Patent and Trademark Office (USPTO) has provided a number of tutorials, […]
What College Can Teach the Aspiring Entrepreneur – WSJ
How do you use college to learn how to be an entrepreneur? For the student looking to launch a company after graduation, the answers to the typical questions—where do you go to school, what do you study, what clubs do you join and so on—aren’t necessarily the usual ones. Aspiring entrepreneurs should view college as […]
The 5 Biggest Tax Differences Between an LLC and Corporation
Among the many decisions you need to make when launching a business is selecting a business structure. If you do nothing, your business, by default, is structured as either a general partnership (multiple owners) or sole proprietorship (solo owner). These may be the simplest entities to form, but they offer one major drawback: There’s no […]
Do Financial Experts Make Better Decisions Than the Rest of Us? – (Not) – The Atlantic
By Bourree Lam There are experts, and then there’s everybody else. In finance, experts have studied the subject and follow the markets closely, so you’d expect that they’d be superior at betting on the stock market as well as on other financial matters, right? Well, perhaps not so much. As the psychologist Philip Tetlock—who did […]
Disability Lawsuits Against Small Businesses Soar – WSJ
Small-business owners face a growing number of disabled-access lawsuits in the wake of a recent appeals-court ruling giving rise to disabled “testers,” as well as the release of detailed federal specifications for curb ramps, self-opening doors and other standards. For the year through June 30, plaintiffs filed 1,939 lawsuits under a section of the federal […]
3 Ways to Keep Your Home Inspection From Killing Your Home Sale – daveramsey.com
These days, homebuyers are looking for more than just a pretty face when they make an offer on a home. They want to know they’re putting their hard-earned money into a solid investment. That’s why nearly 84% of homebuyers request a home inspection in their purchase contract. And while most home deals eventually go through […]