woo-hoo! money!!!

I received my cheque for reimbursement of medical expenses…it’s for $133.64…that solves my bank loan payment problem….the medical expenses went in my cc and I don’t have to pay THAT until the 14th…by which time I will have not only my next salary payment, but for sure the translation…

Filed under: General

Kitchen Design How To Maximize Space

The kitchen is one of the most important rooms of a home, and kitchen design helps make your kitchen appealing and affective. Kitchen design revolves around functionality. Learn about kitchen design from architect Sarah Susanka. 

Filed under: Personal Finance and Real Estate Advice

Corporate Relocation and Land Acreage

A reader asks about gifting land to enable a corporate relocation. Some corporate relocations may be limited to land acreage of a certain amount. Ilyce and Sam suggest the reader ask to waive the land acreage requirement so that the corporate relocation can proceed.  

Filed under: Personal Finance and Real Estate Advice

Owner Financing Deadline What Happens If It’s Not Met

A reader asks the consequence of not meeting a deadline to repay owner financing for a home. In a well-executed owner financing scenario, the buyer and seller sign a promissory note that details the terms of the owner financing. Can the owner who financed the home take it back if the deadline is not met? 

Filed under: Personal Finance and Real Estate Advice

Capital Gains Tax On Home Sale

A home seller asks about paying capital gains tax on a home sale. The home seller thinks she and her husband may be exempt from paying capital gains tax. Ilyce Glink advises that the home seller will have to pay capital gains tax, although less if she’s lived there two of the last five years.  

Filed under: Personal Finance and Real Estate Advice

Quit Claim Deed Tax Basis

A Think Glink reader wants to know what taxes the beneficiaries of a quit claim deed will owe. The reader says his mother signed a quit claim deed to give her home to her adult children and now she’s in an assisted living facility. The adult children want to sell the home that’s been quit claimed to them but they are unsure about the tax basis of the property. Ilyce advises that the tax basis for a home transferred using a quit claim deed is the same as that of the original owner.  

Filed under: Personal Finance and Real Estate Advice

Find Real Estate Online

Many people try to find real estate online. Buyers search real estate Web sites online. But what’s the best way to find real estate online and what do the Web sites offer? Ilyce Glink discusses her experience finding real estate online, including some of the more effective Web sites.  

Filed under: Personal Finance and Real Estate Advice

Real Estate Commission Reduced By Advertising Costs

A real estate agent writes that real estate commissions are reduced by real estate advertising costs. The real estate agent describes other costs that lower real estate commissions more. In addition to real estate advertising costs, real estate agents may have to split commissions with other agents and pay for gas and extra help.  

Filed under: Personal Finance and Real Estate Advice

Architect How Do You Find A Good One

Finding a good architect doesn’t have to be hard. You can find a good architect on the Internet or by asking around your own neighborhood. Once you find some architects you like there are a couple things to consider before you hire. Architect Sarah Susanka offers advice.  

Filed under: Personal Finance and Real Estate Advice

Can’t wait for the next payday

While my finances are in much better condition, I still haven’t gotten to the point where I can afford to live solely off my salary OR the translations…I need BOTH…(at least I’m not trying to decide WHICH debt gets paid and which one doesn’t anymore!)…so, yeah, I need to pay…

Filed under: General

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