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17h
reviewed No Action Needed Recently quit job to start a limited company, registering as self employed?
17h
answered Last trade is bought? or sold?
1d
reviewed No Action Needed What is the the most profitable way of transferring euro to usd in the states?
1d
reviewed Reviewed If our economy crashes, and cash is worthless, should i buy gold or silver
1d
comment Mortgages: What is the terminology for how much I own and how much I still owe?
When I refer to the amount I owe on a mortgage I usually either call it the mortgage (or outstanding mortgage) or debt (or outstanding debt), I never call it the principal. As Mark has pointed out Equity and Debt would be the proper terms to be used.
1d
reviewed Close Can I register for VAT to claim back VAT without selling VAT applicable goods? (UK)
Jul
28
comment Do I need to tell an estate agent how much a bank is willing to lend us?
@Eric - can you tell me any country where it is a requirement (part of the law) to show to the selling agent your pre-approval letter from the bank whilst you are making an offer. Once the vendor has accepted your offer and you are signing the contract, yes then you can show the selling agent what ever you want, but not during the negotiations.
Jul
28
comment Do I need to tell an estate agent how much a bank is willing to lend us?
@JoeTaxpayer - as a buyer's agent, yes this is a different situation, but the OP is talking about the selling agent. I would not show anything to the selling agent whilst I was negotiating on the property. Once agreement has been reached and you are signing the contract, then you can show them whatever you want.
Jul
28
reviewed Close Does GAAP have rules for skipping a scheduled payment to avoid penalty on future payment
Jul
27
comment Do I need to tell an estate agent how much a bank is willing to lend us?
@Eric - I don't care how it works in the US ! The US is not the centre of the World !!! Pre-approval is basically the letter that the OP has gotten from their bank with the amount they can borrow, and there is no need to show this to the selling agent whilst you're making offers.
Jul
26
answered Do I need to tell an estate agent how much a bank is willing to lend us?
Jul
26
revised Risks associated with investing in dividend paying stocks for short term income. Alternatives?
additional text
Jul
25
answered Risks associated with investing in dividend paying stocks for short term income. Alternatives?
Jul
20
comment If I have form a partnership which has done nothing but lose money, do I need to declare anything on my Tax?
@oxinabox - yes that is exactly what I said in my answer, you have to submit both an individual and a Partnership Tax Return, and you report your portion of any income or loss from the Partnership in your individual Tax Return. However, you cannot use the losses against your other income unless you meet one of the income tests, the first test and most appropriate for you being that the Partnership Revenue is more that $20,000.
Jul
18
answered If I have form a partnership which has done nothing but lose money, do I need to declare anything on my Tax?
Jul
18
revised If I have form a partnership which has done nothing but lose money, do I need to declare anything on my Tax?
Improved text and grammer.
Jul
18
reviewed No Action Needed Apartment Security Deposit refunds in Maryland
Jul
15
reviewed No Action Needed Is there any way to pay online in a country with no international banking system
Jul
14
reviewed No Action Needed Offshore Bank account with Online International Wire-transfer facility for Indians
Jul
14
reviewed No Action Needed What information is required in the top left (payor) part of a check?