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2
votes
2answers
103 views

What kind of symbol can be shorted?

I am new to sell short concept. but I'm interested because I think some stocks may go weak in the future. I am using Firstrade but when I try to sell short some stock, it told me This symbol cannot ...
3
votes
1answer
48 views

What will be the capital gains tax after we sell a rental home?

I'm in desperate need of some help. I've been asking different tax consultants about this situation, and I keep receiving different answers. My parents purchase a Tudor style home about 30 years ago ...
1
vote
1answer
123 views

Need exit strategy for aging mother who owns aging rental properties, please

I'm terrified for my 71-year-old mother's immediate future. She owns 12 residential rentals. We desperately need an exit strategy but she owes as much as or more than market value, and cannot afford ...
0
votes
3answers
173 views

Should I sell or keep the BMW car

I bought a RED 2009 BMW from an auto mall in 2011 Jan for $30,000 when it was around 32K mileage. It is now around 81K mileage and I still have a loan of $15,000 on it for 2.5 yr more. I see its ...
1
vote
1answer
93 views

Are Roth IRA withdrawals within the same year as contributions tax free?

A couple of months ago, in this calendar year, I contributed $1,500 to my Roth IRA. I didn't invest it, so it still is worth only $1,500. I now need $1000 back, and so started to fill out a ...
2
votes
2answers
49 views

Need to Purchase Homeowner's Association Documents?

I'm selling my home. As part of the transaction, I'm being asked to get some documents related to my homeowner's association: the bylaws, the rules and regulations, minutes, something called a 22.1. ...
8
votes
5answers
698 views

What equity would I have when selling early on in mortgage?

I'm trying to wrap my head around the idea of mortgages, and I hope someone can help me. Say I buy a house for $100,000. I put down $20,000, and get an $80,000 mortgage. I've heard that for the ...
0
votes
1answer
61 views

Selling within a Roth IRA and contributing the same year?

If I contribute $5500 into my Roth IRA at the beginning of 2014, but sell $5500 in July, does my contribution amount go to $0, and I can reinvest $5500 later the same year? Or does the contribution ...
2
votes
1answer
87 views

How to sell a ring to someone in another country?

I want to sell a ring worth more than 10 000 euros. There is a one guy in France who is interested. I told him I am not in France yet, but will be there probably the next month. He said he is about to ...
1
vote
1answer
59 views

Ways to ship a package worldwide and get paid by the receiver on delivery?

I want to sell and ship some products that are expensive. Is there any way to post a product and get the money from the receiver at delivery? My service needs to be available in Georgia, Armenia, ...
1
vote
1answer
161 views

Should I be filling out form W-9 for somebody I sold used equipment to?

I sold about $3,500 worth of used lighting equipment to a local business last year. I'm not a business, just an individual. I just received an email from them asking me to fill out a W9 form for ...
3
votes
4answers
1k views

When do I sell a stock that I hold as a long-term position?

So let me start by saying I probably don't have enough money to invest in individual stocks, but I want to know when I should sell? I believe in holding stock long-term, investing in companies that I ...
5
votes
1answer
339 views

Should I sell the home in 2014 or continue to rent it out?

The home was bought in Dec. 2010, and we lived there from Dec. 2010 to Jan. 2013. It's been a rental property since Feb. 2013, when we moved into a rental home to be closer to work (about 30 miles ...
8
votes
1answer
247 views

Taxes on Selling a Classic Automobile

When I was in high school, my father-having just had a heart attack-gifted me a classic automobile. This year, he passed away and I ended up selling the car. (The car has been in my name now for ...
0
votes
1answer
37 views

Stop Order for Bonds

I have a bond and would like to know whether its possible to set something similar to a stop order, i.e. That you make an order to sell the bond if the bond price reaches a specified low value? My ...
6
votes
1answer
60 views

Order to sell bond / stock at one of two prices crossed, rather than one price

I am totally new to investing not always have time to monitor the current bond price. I would like to know if it is possible when selling a bond or stock to set a price range, for e.g. To sell if ...
3
votes
1answer
108 views

Is it worth the trouble to enter a contest with a non-cash prize?

Currently Nikon is holding a digital film-making contest. The top prize is $17k worth of professional Nikon photo equipment. The problem is I assume the tax on this stuff will be approximately 5.5k. ...
0
votes
2answers
74 views

How do you find the value of a physical product over a period of time?

Let's say you have a limited edition Ibanez rg1570 guitar and you wanted to find out what the average selling price was each year? I'd like to get a clue as to whether I should sell my asset now, Or ...
1
vote
1answer
341 views

How do I sell an expensive item online without offering a warranty?

We develop software for some international hardware firm. Recently, and given our good work, we were granted with some free hardware, which is kind of expensive (special computer processors). I ...
2
votes
2answers
226 views

Selling Stock - All or Nothing?

On Tradeking, I have roughly 20 shares of 5 different stocks that I'd like to sell. When I set these parameters: price: X shares: 20 or fewer order: limit/day order options: all or none I find out ...
5
votes
3answers
4k views

What is the standard real estate commission to sell a million dollar home?

I want to list my condominium for US $1.3 million. How can I decide on a fair real estate commission?
1
vote
3answers
423 views

Getting payment from a moving sale via PayPal or by Bank of America account?

I am doing moving sale. A person who bought some of my stuff asked me if I have account with PayPal or Bank of America? I told him no, because I really don't. Later I tried to understand how ...
3
votes
2answers
194 views

What is a good way to determine where and to whom to sell gold jewelry?

In my family we have some gold-based jewelry that we want to sell. Not actually needing to sell it, we can afford to look around for a buyer. However, I don't know anything about this sort of thing ...
12
votes
3answers
498 views

Where can I sell some gold ounce bars I own, without getting screwed?

I have some gold ounce bars that I'd like to sell while the price is high, but I don't know where to sell the gold. I've Google'd around, but there seems to be a lot of shady places out there. So my ...
2
votes
3answers
693 views

Rebate vs Discount

What makes more sense? Giving buyers a discount on pricing based on everything they would buy. (I suppose they could potentially buy more?) Raising the price on items but giving customers a rebate ...
4
votes
1answer
65 views

How to approach sale of municipal bonds (USA)

I am in a fortunate position of having invested income (about $41K) from a trust becoming fully mine in August. The trust was previously maintained by my mother, who invested the money in tax-free ...
0
votes
2answers
141 views

Simple escrow service that does refund-to-charity?

I was wondering if there are any simple escrow services out there that will hold a buyers money, and release it to the seller only when the buyer decides that the goods/services have been delivered, ...
10
votes
7answers
728 views

If accepting more than $10K in cash for a used boat, should I worry about counterfeiting?

I'm selling a boat through a broker (a friend of a friend) taking a consignment. The buyers offered to pay in cash, but want the bill of sale to say less than the actual price for tax reasons. ...
13
votes
4answers
352 views

Owner-Financed home sale or Land Contract — how to handle the transaction and the ongoing entity?

My sister and I inherited a property in a rural, backwater area rather inconveniently located to where we live. We've got zero interest in keeping it. To wit, we put it on sale and now are recieving a ...
4
votes
1answer
360 views

Tax liability for selling inherited collectibles on eBay?

When I was a kid, my grandfather gave me some collectible items, which at the time were worthless. Many years later, this stuff is actually worth a few thousand dollars. If I sell this stuff on ...
16
votes
10answers
547 views

What warnings would you tell a friend about to enter a multi-level marketing (MLM) business venture?

Imagine you had a friend who was about to join a multi-level marketing (MLM) business, despite your advice to the contrary. Another friend or family member had already convinced them the opportunity ...
3
votes
2answers
5k views

How do I calculate break even on selling a home?

I've only owned 1.5 years, but looking to sell my home because I want to change neighborhoods. Since most of the early mortgage payments on my 30-yr fixed rate loan go to interest rather than ...
4
votes
4answers
260 views

Selling items and exporting/posting to Africa, good idea or a potential nightmare?

I'm having a clear out, to try to raise some funds to pay off some credit cards I'm currenlty selling a PC on eBay, and have been contact by a few buys from Africa (Zambia if it makes any difference) ...
8
votes
3answers
864 views

How do I sell my car?

I've decided to sell my car. The bluebook website estimates I can sell it for X dollars. How do I actually sell it? (and get as close to X dollars as possible) Just fyi I live in a large city in ...
40
votes
5answers
31k views

What is the best way to accept payment when selling a used car?

I plan on selling a used car via Craigslist, and I hope to get between $4-5K for it. I don't want to take a check from a stranger, but I'm concerned that no one will be willing to show up at my house ...
3
votes
3answers
193 views

What forms of payment am I compelled to accept?

In relation to this question about maximum amounts a check can be written for If I sell something like a car or other expensive item on Craig's List or in the local paper classifieds, am I compelled ...
7
votes
3answers
209 views

When to sell a stock?

What do you look for in a stock that makes you say "I'm done with this, let me take profits and go somewhere else"?
9
votes
2answers
137 views

How can I run a profitable garage sale this summer?

Have you done garage sales before? Any key learnings to share? How to do one well, what to do, what not to do?
5
votes
4answers
233 views

How can I make the most money when selling used stuff in a mass “spring clean” on eBay?

Have you ever had a mass "spring clean" so to speak of items and put on ebay? Do you have a habit or hoarding stuff? Lots of DVDs/Books/Electronics you never used? If so have you ever cleared the lot ...
8
votes
4answers
314 views

What's the best way to get cash for an old car?

If I am not going to trade in my car what are other good options to convert it into cash?
11
votes
4answers
437 views

If I have some old gold jewellery, is it worth it to sell it for its melt value?

TV, radio, and print ads make it look easy to get cash for gold jewellery. But, really, is it worth it to sell jewellery for its melt value or is there a better alternative? Do places that offer to ...