Archive for January, 2011
I live in Knoxville, TN, and I am currently working on by bachelors of accounting with a minor in finance at the University of Tennessee. It has always been my dream to work in real estate, but I don’t want to rely solely on a real estate license in today’s economy. So, what kind of jobs are out there for those with a real estate license and a business degree as well? And what duties would these jobs consist of? Please be specific! Thanks
i want to start my real estate business, and homes are so cheap right now, im thinking about dancing or other things please help….
I want to apply for a Business Loan so that I can buy investment property to rent out. I have an excellent credit, a condo that is currently being rented out but I do not exactly what kind of real estate should I do Business? I want to start by myself with no one else’s help, any suggestion on what should be my small business about?
I have a sister company in Iowa and I am looking to invest in business real estate. So I guess what I need is some type of a business property consultant in Iowa. Please share any knowledge you might have about this, thanks!
I am thinking of getting into the real estate business and would like to get some info on what it is like so I can decide if it is for me.
My boss is a Licensed Broker in Massachusetts and he is looking to create a name for his Real Estate business. I am looking for the steps to take in order to create a name for the company.
I am looking to start my own business and would be interested as having apartment complexes as well as real estate agencies as clients. How do I go about selling my service or product to them? Do I call, just show up at their location and drop off literature, or send emails? I do want to portray a professional image initially as not to turn them off from hearing my company name a second time around
If a developer develops a land of some others(generally this happens in real estate business) what are the tax consequences in the case of developer and the land owner?
Below are my doubts in a case….
This is a case where the land of Mr X was given to a developer Mr Y in the year June 2008 under GPA for construction of flats for sale. As per the agreement the land owner is to receive 2 flats after the construction i.e., April 2009. The rest are to be with the developer for sale.
In this case… Is Mr X chargeable to capital gains? then which amount is to be taken as sale consideration… his land market value or the market value of 2 flats received ? and when he is liable to pay tax?
In the case of Mr Y… does there any issue of capital gains? If not then in the year 2008-09 as there is only construction and no sale, is it right to transfer his construction cost to WIP ? In the year 2009-10 he sold the rest of the flats with him…. so the entire sale value of flats including land value should be taken as business income?
Kindly any one give clarity to me in this regard.
Thanking you













