by Franklin Sanders www.the-moneychanger.com “Let’s ponder a moment the pound sterling’s overnight flash crash. At 6 seconds after 1:00 Greenwich Mean Time, the pound was at $1.2609. Three seconds later, at 9 seconds after 1:00 GMT, the pound was at $1.1840, down 6.1% in three seconds. Now it later recovered to $1.24+, but that …
Criminal Currency Manipulation Can Wipe You Out In Seconds Read More »
A virtually unknown proposal by the Consumer Financial Protection Bureau would let it impose almost any regulations it wants against any business it deems a “nonbank financial institution.” “Even the most experienced and hardened mortgage industry players may find themselves taken aback upon careful review of an embryonic proposal by the Consumer Financial Protection Bureau …
Unlike the late night real estate infomercials where the alleged “gurus” will teach you their great strategies for 100% leverage and how “you too can buy fantastic real estate for no money down”, small business sales are not done that way. While it can be a risk for a seller, the reality is that most …
by Jason Snead The Heritage Foundation’s Meese Center released Arresting Your Property, a comprehensive report on civil asset forfeiture—the much maligned law enforcement tool that enables law enforcement officers to seize cash and property on the suspicion that it has been used to facilitate, or is the result of, criminal activity. Civil asset forfeiture allows …
How The Government Can Steal Your Property For No Reason At All Read More »
Brandon Mulrenin, director of brokerage services at In-House Realty, said it may not suit your needs to repair some of the issues found during an appraisal. “My recommendation to folks that have these homes that are just trying to get rid of them is not that they go spend a bunch of money out of …
Some Tips On Buying & Selling A Distressed Property Read More »
By: Mat Sorensen, Attorney & Author of The Self Directed IRA Handbook In the recent case of Thiessen v. Commissioner, 146 T.C. No. 7 (2016), the Tax Court considered how long the IRS has to allege a prohibited transaction against self directed IRAs. In general, the IRS must allege a prohibited transaction against self directed IRAs within three years after …
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By Lisa Lambert WASHINGTON (Reuters) – A House of Representatives panel on Tuesday approved a proposal to revamp the Dodd-Frank Wall Street reform law, after a hearing where lawmakers verbally tussled over rules enacted in the aftermath of the 2007-09 financial crisis. The Financial Services Committee voted to send the bill, introduced this summer by …
Rollback Of Dodd-Frank Goes To House Vote; All Democrats On The Committee Oppose Change Read More »
By Jill Cowan, The Dallas Morning News Sure, critics have been raving about the modern outlaw flick “Hell or High Water” for its quietly funny, deftly wrought action sequences and long shots of the desolate West Texas landscape. Yes, director David Mackenzie’s cops-and-robbers tale explores big themes like family loyalty, mortality and the pursuit of justice in a world of …
How A Predatory Loan Makes Banks The Bad Guys In New Movie Read More »
This article points out that LLCs are not for everyone. Learning about how LLCs operate and becoming aware of the key advantages and disadvantages of a limited liability company is an important step in your path to establishing a successful business. By properly planning and structuring your company from a legal standpoint early on, you …
Should You Have A Limited Liability Company (LLC)? Read More »
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