- This topic has 25 replies, 6 voices, and was last updated 16 years, 8 months ago by
Nancy_s soothsayer.
-
AuthorPosts
-
May 31, 2008 at 9:25 AM #12908May 31, 2008 at 9:57 AM #214630
Borat
ParticipantThere are lots of these cases and there are going to be a lot more. You will start hearing about the $200K/year couples that have bought 10 houses in Vegas and Texas and the IE trying to be Donald Trump and are losing them all to foreclosure.
May 31, 2008 at 9:57 AM #214707Borat
ParticipantThere are lots of these cases and there are going to be a lot more. You will start hearing about the $200K/year couples that have bought 10 houses in Vegas and Texas and the IE trying to be Donald Trump and are losing them all to foreclosure.
May 31, 2008 at 9:57 AM #214731Borat
ParticipantThere are lots of these cases and there are going to be a lot more. You will start hearing about the $200K/year couples that have bought 10 houses in Vegas and Texas and the IE trying to be Donald Trump and are losing them all to foreclosure.
May 31, 2008 at 9:57 AM #214757Borat
ParticipantThere are lots of these cases and there are going to be a lot more. You will start hearing about the $200K/year couples that have bought 10 houses in Vegas and Texas and the IE trying to be Donald Trump and are losing them all to foreclosure.
May 31, 2008 at 9:57 AM #214787Borat
ParticipantThere are lots of these cases and there are going to be a lot more. You will start hearing about the $200K/year couples that have bought 10 houses in Vegas and Texas and the IE trying to be Donald Trump and are losing them all to foreclosure.
May 31, 2008 at 11:17 AM #214824equalizer
ParticipantSome of these investors like Trump are pretty darn smart. There have to be schemes to avoid tax problems. What about moving into 2nd home and then filing for foreclosures, claiming owner occupied?
Why would Bank not report loss to IRS on corporate taxes? There are two sets of book, the banks books and investor’s 1099 that banks dont have to send. Unless IRS can match the corporate loss with 1099 that was not mailed, I am very skeptical that anyone is going to get into trouble.
May 31, 2008 at 11:17 AM #214854equalizer
ParticipantSome of these investors like Trump are pretty darn smart. There have to be schemes to avoid tax problems. What about moving into 2nd home and then filing for foreclosures, claiming owner occupied?
Why would Bank not report loss to IRS on corporate taxes? There are two sets of book, the banks books and investor’s 1099 that banks dont have to send. Unless IRS can match the corporate loss with 1099 that was not mailed, I am very skeptical that anyone is going to get into trouble.
May 31, 2008 at 11:17 AM #214796equalizer
ParticipantSome of these investors like Trump are pretty darn smart. There have to be schemes to avoid tax problems. What about moving into 2nd home and then filing for foreclosures, claiming owner occupied?
Why would Bank not report loss to IRS on corporate taxes? There are two sets of book, the banks books and investor’s 1099 that banks dont have to send. Unless IRS can match the corporate loss with 1099 that was not mailed, I am very skeptical that anyone is going to get into trouble.
May 31, 2008 at 11:17 AM #214774equalizer
ParticipantSome of these investors like Trump are pretty darn smart. There have to be schemes to avoid tax problems. What about moving into 2nd home and then filing for foreclosures, claiming owner occupied?
Why would Bank not report loss to IRS on corporate taxes? There are two sets of book, the banks books and investor’s 1099 that banks dont have to send. Unless IRS can match the corporate loss with 1099 that was not mailed, I am very skeptical that anyone is going to get into trouble.
May 31, 2008 at 11:17 AM #214695equalizer
ParticipantSome of these investors like Trump are pretty darn smart. There have to be schemes to avoid tax problems. What about moving into 2nd home and then filing for foreclosures, claiming owner occupied?
Why would Bank not report loss to IRS on corporate taxes? There are two sets of book, the banks books and investor’s 1099 that banks dont have to send. Unless IRS can match the corporate loss with 1099 that was not mailed, I am very skeptical that anyone is going to get into trouble.
May 31, 2008 at 12:09 PM #214807bobby
ParticipantI dont get it. this is foreclosure,not short sale, why would there be taxes?
May 31, 2008 at 12:09 PM #214705bobby
ParticipantI dont get it. this is foreclosure,not short sale, why would there be taxes?
May 31, 2008 at 12:09 PM #214834bobby
ParticipantI dont get it. this is foreclosure,not short sale, why would there be taxes?
May 31, 2008 at 12:09 PM #214864bobby
ParticipantI dont get it. this is foreclosure,not short sale, why would there be taxes?
-
AuthorPosts
- You must be logged in to reply to this topic.