Mark your calendar for Thurs. Feb. 23 for a live podcast with attorney Josh Scheer on bankruptcy pitfalls and solutions for note investors. 5 p.m. Pacific Time/ 6 p.m. Mountain/ 7 p.m. Central/ 8 p.m. Eastern/ To hear it LIVE and be able to ask questions, at the time it starts in your time zone call 712-770-4160. Enter the access …
Podcast On Bankruptcy Pitfalls and Solutions For Note Investors This Thurs. Read More »
Less than one third of Americans are saving money in their 401(k)s and other workplace retirement accounts, according to an analysis of tax records by Census Bureau researchers. Moreover, nearly 40 percent of federal student loan borrowers over age 65 are in default, the highest rate for any age group. Student loan debt now totals more than …
Less Than 1/3rd Save For Retirement; Student Loan Debt More Than Credit Card Debt Read More »
Hi ,Here’s your weekly roundup of links to major news stories and articles affecting the note and real estate business. The big story this week (see the link below) is that a federal judge has ruled that the CFPB (Consumer Financial Protection Bureau) has the authority to investigate real estate seller installment sales, a.k.a. “seller financing”. If you …
A federal judge has ruled that the Consumer Financial Protection Bureau has the authority to investigate seller installment home sales (a.k.a. seller carry backs). Judge Nancy G. Edmunds of Federal District Court in Detroit has ruled that one of the nation’s largest providers of seller-financed homes must comply with a demand for documents and other …
Judge rules that CFPB can investigate seller installment home sales Read More »
Texas Republican Sen. Ted Cruz just introduced a two-page bill to abolish the Consumer Financial Protection Bureau, the darling of Sen. Elizabeth Warren and Bernie Sanders. The Repeal CFPB Act, which Cruz and four other Republican senators sponsored, would repeal the Consumer Protection Act of 2010, the part of the Dodd-Frank bill that created the CFPB and granted …
The Consumer Financial Protection Bureau (CFPB) and New York Attorney General Eric Schneiderman have sued RD Legal Funding, LLC and related entities (“RD Legal”) in the U.S. District Court for the Southern District of New York for violations of federal and New York consumer protection laws. RD Legal engages in settlement funding, where it advances …
More than 99 percent of the thousands of IRS employees investigated for violating federal tax laws in the last five years avoided termination and continued enforcing other Americans’ tax collections, according to an analysis by The Daily Caller News Foundation’s Investigative Group. The IRS fired only 74 of 9,176 workers investigated for tax noncompliance from …
It’s Nearly Impossible To Get Fired At The IRS For Tax Evasion Read More »
Text messages obtained via Freedom of Information Act (FOIA) request from the Consumer Financial Protection Bureau (CFPB) show director Richard Cordray’s communications with Clinton donor and lobbyist Eileen Mancera. The Daily Caller exclusively broke news of Richard Cordray’s likely illegal use of a private device for communications with other CFPB staffers last month, concealing his messages from FOIA …
CFBP Director’s Secret Emails With Clinton Lobbyist Read More »
by Grant Cardone https://www.linkedin.com/pulse/ever-withdraw-1000000-cash-from-your-bank-i-did-heres-grant-cardone? I went to the bank last summer and told them I needed a million dollars—cash. They asked for a reason, and I replied, “You didn’t ask me for a reason when I put it in, so why are you asking me about it when I want to take it out?” Think about …
Ever withdraw $1,000,000 in cash from your bank? I did. Here’s what happened. Read More »
Congress may severely curtail or even eliminate tax-deferred 1031 exchanges. 2017 may be the last year. “The small-scale owners of millions of rental homes, parcels of investment land and income-producing commercial and business real estate may not know it, but one of their key financial planning and tax tools is in danger of disappearing on …
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