Tag Archives: amount

Is it possible to find a nice rental in Raleigh, North Carolina for $600-650 a month?

I’m thinking of moving from Cleveland, Ohio to Raleigh to gain a teaching job. I’m hoping to get a decent apartment or preferably a condo for under $650 a month. Is that possible? I won’t be making a great amount of money, and I don’t want to spend too much on rent.

Thanks in advance!

What is X company’s tax consequence and the amount should have inlcude in its assessable income?

Company X is a company that buys land for residential development and sale. In January 1985 it purchased a block of land for $1million with the intention of developing home units for sale. Due to the onset of a recession the company did not commence any construction and in 1990 the company abandoned the residential development altergether. In the seme year a manager was temporarily appointed. However, soon after the appointment of the manager, a HK company Y, which develops and sells shopping complexes, injects funds into the company in return for 60% of the share in X being transferred ot Y. By this time, the value of the land had increased ot $3 million, Under the influence of the new owners of the company, Y proceed to expend $e million to develop the site as a shopping complex and sold the completed complex in Febuary 2007 for $10 million.
What is the tax consequances for Company X and amount it will have to include in its assessable income on the sale of the shopping complex??

What is the average rent of an apartment in Sanfrancisco?

Is the average amount of money for a Sanfrancisco apartment betwenn 500 and 5000 a month?

What is the procedure of buying auctioned homes after seeing an ad in paper, check liens, Titles, mortgage?

How do you check for liens and taxes, what other items should be checked? The ad says “beneficiary may elect to bid less than the total amount due”, what do they mean, and who is the beneficiary? If people are still living @ the property, how does the buyer inspects, or takes possession of the property since the ad claimes ” the sale in an ‘as is’ condition, without covenant or warranty, regarding title, possession or encumbrances to satisfy the “indebtness secured by said Deed of Trust, advances thereunder, with interest as provided, and the unpaid principal of the Note secured by said Deed of Trust with interest thereon as provided in said Note, pluse fees, charges and expenses of the Trustee and of the Trusts created by said Deed of Trust”? Looks like there are so many legal language that I like to know exactly what is involved? Also Is it O.K. to approach owners, and what should be offered? A property is auctioned for smal amount of backed association dues, what happens to Mortgag?
Any of you pros out there, anyone with experiece, anyone who actually gone through this procedure, and got properties in auction, through ads in the local newspaper? Also somebody was advising of going out there and purchase 2nd loans and get 15-17% interest on it?

can landlord padlock door?

In NYS can a landlord padlock your door if you are in dispute over a portion of the rent? I deducted an amount for damage done to my sofa from my rent (Less than a third of my rent) from my current rent and I’m curious if they can lock me out of my apartment.