Archived
If I run a fee for service buisness and accept donations for same business, do I report the donations as income or is it
Marshall's answer
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Answered on December 19, 2010
The "gifts" you are talking about sound like tips. Generally tip income is taxable. You should check with a CPA or the person who prepares your...
Archived
Are deficiency judgements after foreclosure a sure thing even for foreigners?
Marshall's answer
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Answered on December 19, 2010
Banks will pursue deficiency judgments in cases that they think they can recover money on those judgments. The bank will look to what other assets...
Archived
PO issued 8 months ago, company proceeds now wants more money, PO unsigned is orginal PO binding it was a lump sum aggreement
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Answered on December 17, 2010
A purchase order is a contract, and the rights of the parties are determined by the wording of the purchase order. Not all purchase orders are...
Archived
Can a married person own an interest in a general partnership as "a married man as his sole and separate property"
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Answered on December 15, 2010
Florida law is not the same as California law with respect to what constitutes marital property and the rights of spouses. You should consult an...
Archived
Can a husband and wife who are not residents of Florida own shares in a Florida general partnership as tenants in common?
Marshall's answer
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Answered on December 15, 2010
There is no requirement that partners in a Florida general partnership be residents of Florida. However, partnership law can be complicated. You...
Archived
In a tax deed auction, if I am the highest bidder and now own the deed, what happens to the mortgage on the property?
Marshall's answer
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Answered on December 15, 2010
If the owner of the property and the mortgagee received proper notice of the back taxes and the tax deed sale, you own the property. However, the...
Archived
Sold our property, trying to buy short sale, need place to live want to rent short sale.
Marshall's answer
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Answered on December 14, 2010
You should consult with an experienced real estate lawyer in your area to help guide you through the maze your contemproaneous closings have...
Archived
Can I evict tenant if they refuse to pay the utilities bill?
Marshall's answer
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Answered on December 14, 2010
You should contact an experienced real estate lawyer in your area to review the lease with you. If the tenant violates a promise made in the...
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Archived
If I buy a promissory note from a bank and then start a judicial foreclosure, will I have any issues a copy rather than the orig
Marshall's answer
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Answered on December 13, 2010
Without more information, I cannot fully answer your question. However, if there is a continuous chain of recorded assignments of the mortgage,...
Archived
Can a lender purse a deficiency after reporting to 3 bureaus: LEGALLY PAID IN FULL for less than full balance".
Marshall's answer
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Answered on December 13, 2010
Whether Chase's actions in connection with your short sale constituted a waiver of their right to seek a deficiency judgment against you is a...
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