What is rental income?

The rental income is the total amount of rent received during the year. You may be able to reduce the income by expenses but there are some...

A loan is not income. Therefore the amount you received as a loan does not go on your tax return. If the loan company decides not to go after you...

My father passed away in Florida, he had no real estate, just a very old truck and trailer. What do we need to do to sell them?

The POA became invalid upon is death. If the only items in your father's estate are the truck and trailer you can use the disposition without...

How can I get back my IRS refund after the us department of education has taken it?

This means that the loan was in default. You should have received a letter from the lender several months ago that they intended to alert the...

I worked for a construction company last year and at the beginning they paid me by checks with the pay stubs but after 3 months

When an employer does not provide a W-2 the employee can use IRS Form 4852 as a substitute. This link should help...

Can I sell products without a company?

You could do so. You would be considered a sole proprietor. All your income and expenses from the business activity would be reported on your...

I'm filing for chapter 7 a friend made me an authorized signer on her card for 10 days. Trouble?

Since you are only an authorized user you are not liable to the credit card company for the debt. However, if your friend is holding you...

Most trustees will request documents be sent to them prior to the meeting. Bank statements are one of the documents requested. The bank statement...

In order to be eligible for social security you must have worked for 10 years. Since your wife did not work the required number of years she would...

Yes. If not then the fees are prepetition debt which can be discharged in the bankruptcy. You could reaffirm the debt, but that is voluntary and...