Can a promissory note be secured by real property?
Secured Promissory Notes A secured promissory note is an obligation to pay that is secured by some type of property. If the collateral is real property, t...
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When do estates and trusts have to file Form 1041?
IRS Form 1041 can either be filed either according to the calendar year or a fiscal year. For calendar year estates and trusts, the Form 1041 must be file...
Can you combine income if not married?
Most lenders have no problem with allowing two unmarried people to apply for a mortgage together. When you apply for a mortgage together, you can combine ...
How do I get my 1040x tax transcript?
Request electronically on the IRS website at This is the quickest and most convenient way to request a Tax Return Transcript. Call the IRS at 1.800. 829.1...
What is NNN lease in real estate?
A triple net lease (triple-Net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property in...
Do LLCS pay taxes in Delaware?
Delaware treats a single-member “disregarded entity” as a sole proprietorship for tax purposes. This means that the LLC itself does not pay taxes and does...
Where are union dues reported on tax return?
You can deduct dues and initiation fees you pay for union membership. These are entered as unreimbursed employee expenses on Line 21 of Schedule A (Form 1...
Can my entire paycheck be garnished?
Judgment creditors—those who’ve filed a lawsuit against you and won—and creditors with a statutory right to collect back taxes, child support, and student...
Where is my state tax refund CT?
Call our automated refund system 24 hours a day and check the status of your refund by calling 800-382-9463 (Connecticut calls outside the Greater Hartfor...
What are advantages of setting up LLC for personal investments?
The main benefit of investing through an LLC is because you can set up rules, regulations and other procedures for all your investors and define them in y...
