Investment Property Iowa Knowledge Base
I am looking for a good real estate investment opportunity in Iowa? I already have the property, about 5 acres with electricity and plumbing but no structures. The land is nice and flat. how much money will i need to spend on this investment how much time will it take me to start this business how much time will this business take after it is started.
Financial Advice...Should i change anything??? im 24 and married. We have a house in tampa with about 100k equity. We indulge in stock and funds...about 10k in that. I recently opened a iowa 529 plan for my dughter,in which i rolled over some i savings bonds into...about 12k in that, 50 monthly. We just bought a investment property this week...boy its hard to find renters. And the military just told me that im movng to colorado springs in two months...good luck trying to sell my home. Should i concern myself with opening an IRA...gosh 591/2 thats far away. But i do want long term investments just not that long.
How do I move on without my solemate by my side.? I am sure I am going to get answers from some of you that are typical,. But what I really am after is some closure. I have been married for 4 years and with my love for 6. I have two beautiful step-daughters who I have raised for this whole time as well. Ages 7 and 10. At the beginning of Feb. my wife and I had one to many dissagreement's and well, thats when the life that I had changed forever in the blink of an eye. I have been the first to admit that I had got on a path that was not healthy for our relationship and although I take credit for getting us there she was indeed right beside me. No physical abuse ever (from me at least) there was obviously yelling at each other and the battle of wills that developed between us. Ultimately she decided that she no longer should have to live in a world that was so unhappy. A big problem with this I have is, I didnt want to either. I was just as worn out and sick of the situation as she . It was one of the times in a relationship where it had hit a spot and never could get past it. Instead of stepping forward we had been stepping backward. We both knew it. Problem was we didnt know how to fix it or get past the hump. Going into this winter I knew it was going to be a stuggle. I am a self employeed Concrete Contractor and in Iowa in the winter there really isnt much Concrete to pour.. I of course know tis so I make investments to flip for proffit in the winter. Its a good way to make money but its also very stressful not knowing when or if the thing you have ready to sell will sell. Many of times I would be sent a buyer on the last possible day before payments were due on stuff. Make a long story shorter I was not a partner to my wife as I should have been. I knew this when it was happening but didnt understand why she couldnt understand that I had bills to pay and sacrifices had to be made in the short term so in the long term we could be happier. It had got to a point I really had lost faith in her. That was until the day I looked into her eyes and could she how much she was hurting as she told me she was moving out. I knew then at that very moment that I had just lost my solemate. Its been almost 2 months now and everyday I cry when I think about them. I cant seem to get the fact she has lost the love she had and is unwilling to let her heart come back. She moved into a second home we had as an investment property, I had been paying the morgage for two homes for three years. I am glsd she is in a good home and I am glad she can feel safe. Alot has happened since that day she told me she was done. I had hit rock bottom and have not been able to get the want or the motivation to get on with life. My life is and always had been with her. I was to take care of her needs and take care of her girls in all aspects, I tried but in the end I failed because I tried to hard. There is now a no contact order on me. She was told by her mother and lawyer to place one on me so she could have full control of the house she moved into. I have not been to good with this . I have a real problem with the fact I did nothing at all to warrant a no contact order nothing but try to get my family back. I know have my wife completely against me. She has been completely brainwashed by people around her. I believes she actually thinks that I am going to harm her. I would never in a m,illion years lay a finger on her. Anyway its her way of hiding from the issues at hand. I know her and I know how she works. Out of site out of mind. She has moved on and left me in the life she left behind. I have cops at my house daily trying to arrest me for violation of order. Now I admit that I have done this once or twice sent her a text message or a quick phone call to say hi. But its got out of hand. She is to the point where she is actually aiding and embedding in getting me to violate the order. Each violation carries a manditory 7 day jail. Make one call boom 7 day. The crime doesnt fit the punishment. As I said I have done nothing to this woman but love her. Her mother is behind this and she is out to distroy me. Her mother has a great influence on her now that I am out of picture. She talked to her 1700 minutes last month of the phone. Anyway. at this point I have had swat team at my house to get me , one other time the kicked in my door to the house to get me . They have tazzerd my dog to get to me. really am screwed. But at the end of the day I still love her,. I ask myself why all the time, My answer is because I kow she loves me and I know she is in more pain than I am and as her husband I have a duty to take care of my family. In the end I know that I have done more harm than good I guess but I have no idea how to just let the monsters in her life take her away . How can I just sit and allow this to happen? She knows she loves me she has been very upfront about that. She is so guilty inside for doing these things to me she
Do you think a lot of people with US visas are overstaying now in order to get amnesty and become legit? No; visa overstaying is illegal, criminal, and the receipient is inelgible for amnesty! US Immigration Visas http://www.immigrationqna.com/ Green Card in One Year With the long delay in the processing of family-based and 3rd preference employment-based visas, a viable option for investors who want to immigrate to the U.S. fast is the EB-5 category. Under this category, the investor can invest $500,000 and he and his family may obtain their conditional green cards in less than a year. The money must have been obtained through lawful means such as gift, loan, investment, sale of property or inheritance. The EB-5 category was created in 1990 for those who could invest $1 million (or $500,000 under certain circumstances) in a new commercial enterprise that create at least 10 full-time jobs. 10,000 visas are allotted annually.I Initially, only a few availed of the benefit because of the restrictive requirements. In 1993, a pilot program was established which allowed more flexibility in complying with the requirements. This attracted more applicants. The pilot program designated “regional centers” that could participate in the immigrant investor visa program. These regional centers are allotted 5,000 of the 10,000 EB-5 visas available. This program expires on September 30, 2008. The regional centers currently approved by the USCIS to participate in the program are located in Pennsylvania, California, South Dakota, Washington, Louisiana, Vermont, Texas, Wisconsin, Iowa and Alabama. “Regional centers” can satisfy the job creation requirement by counting not only the direct jobs created as a result of the investor’s investment but also indirect jobs created in related industries. This means that the investor does not have to hire 10 persons himself. The investor is not required to manage his investment on a daily basis as he can be just a limited partner. As a limited partner, he will only be required to get involved in policy activities. There is also no requirement as to business training and experience or language skills. To obtain the green card, the investor has to file Form I-526, Immigrant Petition by Alien Entrepreneur and once it is approved, he is interviewed by a U.S. Consul abroad. If he is in the U.S. he may file for adjustment of status. Upon passing the consular interview or the adjustment of status interview, the investor is granted a conditional green card for 2 years. To remove the condition, he must submit Form I-829, Petition by Entrepreneur to Remove Condition about 3 months prior to the expiration of his green card. He will have to demonstrate that he has satisfied all the requirements of the investor program. Tancredo's Brilliant Plan for Stopping Illegal Immigration and Reducing Job Loss http://www.forthecause.us/ftc-n-muller-051017-AnsweringYourQuestionsOnHR3333.shtml
Hi gang!Looking for an investment that curbs Meth addiction,Cures Avian Flu & Refines Corn/Sugar Into Ethanol? Hopefully in a generic tablet form. Anybody know of a good company that focuses on these three catergories? Also, if the company is working on global warming, that would be a bonus as well. Thank you. Raidehz ps; I am really taking a thumping in the indices... I was looking at ***GPRE*** today and that's RAIDEHZ #1 SHORT-PICK OF 2006! 3 employees HQ's in Vegas 0% institutional or mutual fund interest Hyped up on a future ethanol refinery build out in Iowa. *YIKES* I wouldn't touch Green Plains with a 10-foot pole! of course it could still move up more on the hype and bubbling over of all these ethanol plays. I should buy a little piece of property and send it in on the OTC as a future site of an Enthanol or Gas-to-Liquids (GTL) plant/refinery. HERE'S MY PORTFOLIO!!! http://finance.yahoo.com/q/cq?s=AMCC+BIDU+CAB+CAV+CEPH+COST+CPST+DWA+DQE+EBAY+EWZ+F+FCEL+FRO+GRR+HXM+LNCR+MSFT+NWN+NWS-A+NXG+PDC+PEIX+PGH+PTR+SBUX+SIFY+UPS+UST+WTS+YHOO,WWAG.OB&d=v1 "You Gotta Take The Good With The Bad, Baby!" That's my Mantra! My Motto
What would be a good college for future rancher? I am having trouble first of all deciding on whether or not to even go to college. I have looked at Central Wyoming Community as well as CSU. Colo State is too expensive for me, Central Wyoming Community would work for me, but I just don't know what I need to study. My goal is to stay in Wyoming and begin a ranch. Raising Cattle and Breeding and Training gaming, roping, and reining horses as well as hopefully raising some hay (a huge investment obviously, I would have to work for a while to pay for the property). I live in town (in Iowa by the way) but I have some colts I've broken this past summer and am continuing the training of my 3 year old, this is the one thing I'm actually decent at and I'm going to go for it. I'm practicing roping and teaching reining maneuvers to some of the horses I ride with great success. As far as cattle goes I know many people who raise cattle, I'm sure I could talk for days on end about raising cattle with them. I have helped baling and seeding pasture this year for hay so I know quite a bit about hay and haying but definitely not as much as I'd like to. I am a Junior and highschool, so I have about a year yet to figure things out. All I know for sure is I want to go to college preferably in Wyoming or Colorado if I do. What should I study though? There's Equine Business Management Degrees, Equine Science, Farm Management, all sorts of things. So for someone who wants to ranch, what would you suggest? And please don't bash me because I live in town and don't know too much, basically that I'm not the typical "in the family" rancher. I have no control over that, I plan on leaving as soon as I graduate and start learning as much as I can about ranching and work as hard as I can to do this, because it's what I want to do. Thanks! Also, I don't know what category this should be in or where I'll get more response so if you have a suggestion as to where this should go, let me know please.
Divorce: Spouse access to house? My spouse and I (same-sex )are getting divorce. The divorce is not yet finalized, but the assets are largely split up. The home is in my name. We have our own bank accounts. I just signed over our investment account. The cars are signed over and re-registered under our individual names. And most of the property is divvied up. I'm in the house, which I own. My ex is in an apartment, which she rents. Most of her property is there or in her storage shed. Now, for the issue at hand. My ex is taking forever to remove her remaining property, with all kinds of ever-shifting excuses (in fact, right now, it's "I won't move anything at all until the piano gets moved later this week"). She has no shortage of storage space, thanks to the storage shed. She insists, however, on retaining access to the house -- not just a "I need to come over, when is a good time?" access, but a garage door opener and key. She tends to come over often and hang out, using the net for long periods of time, and getting little done. She has long been abusive to me -- screaming, hitting, and throwing things, always under the "why do you make me hit you?" line of argument. I've tolerated this for over a decade, but a houseguest I have is not used to it. Normally my ex would direct this all at me, but last night, she directed it at our houseguest (for questioning why she couldn't load up her car with stuff while she was here). This freaked our houseguest out, to the point where she later had a flashback to earlier trauma in her life. I can't have my houseguest living in an environment that she feels is dangerous; it's just not acceptable. I'm more than willing to accomodate requests to get my spouse her stuff (and have even offered to deliver it to her if she'd only so much as enumerate it all), but not unfettered access to the house. Do I have a legal right to deny my ex-spouse the capability to come over unannounced, so long as I ensure that she gets all of her property? Please post references to law or case histories if possible. The state is Iowa. The average divorce in the US costs $15k when lawyers are involved; the legal costs can get absurd. I'd rather have some assets left when this is all over. :P DL: No, the houseguest is literally what I just described: a houseguest. Nothing sexual. The houseguest is a friend who had been living with the two us before the divorce, and helps take care of some of the house work; she was both of our friend, although she's now scared of my ex.
Help me with these expenses and tax questions cuz i have no clue how to answer.? 2.Earl Entertains several of his clients on January 1 of the current year. Expenses are as follows: Cab Fare $50 Cover Charge at supper club $120 Dinner at club$420 Tips to waiter$ 100 a.$310 b.$345 c.$370 d.$430 e.None of the above 3.Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida, and wants to expand to other states. During 2009, she spends $14,000 to investigate TV rental stores in South Carolina and $9,000 to investigate TV rental stores in Georgia. She acquires the South Carolina operations, but not the outlets in Georgia, As to these expenses, Iris should: a.Expense $23,000 for 2009 b.Capitalize $14,000 and not deduct $9,000 c.Expense $9,000 for 2009 and capitalize $14,000 d.Capitalize $23,000 e.None of the above 4.In 2010, rick had the following insured personal casualty losses ( all arising from one casualty). Rick aslo had $18,000 AGI for the year Fair Market Value Insurance Asset Adjusted BasisBefore AfterRecovery A$1,200$1,100 $300$100 B$3,000$2,000 -0- $500C$700 $900 -0- $200 Rick’s casualty loss deduction is: a.$400 b.$600 c.$800 d.$1000 E. $1,400 5.Which of the following items would be an itemized deduction on Schedule A of Form 1040 not subject to the 2%-of-AGI floor? a.Professional dues paid by an accountant (employed by Ford Motor Co.) to the National Association of Accountants. b.Gambling Losses to the extent of gambling winnings c.Job hunting costs d.Tax Return preparation fees e.None of the above 6.Phil is advised by his family physician that his dependent son, Tony, needs surgery for a benign tumor in his leg, Phil and his son travel to Rochester, Minnesota, for in-patient treatment at the Mayo Clinic, which specializes in this type of surgery. Phil incurred the following costs: -Round-trip airfare ($375 each)$750 -Phil’s hotel in Rochester for four nights ($105 per night)$420 -Phil’s meals while in Rochester$150 -Tony’s medical treatment$1,500 -Tony’s Presciption medicine$300 Compute Phil’s medical expenses for the trip 9 before the 7.5% floor) a.$2,525 b.$2,545 c.$2,825 d.$2,900 e.None of the above 7.A participant, who is age 38, in a cash or deferred arrangement plan [401k] may contribute up to what amount in 2009? a.$12,000 b.$15,500 c.$16,500 d.$20,500 e.None of the above 8.Which, if any, of the following expenses is subject to the 2%-of-AGI floor? a.Union dues of an employed machinist b.Moving expenses (not reimbursed by employer) c.Teaching supplies (up to 250) purchased by a fifth grade teacher d.Gambling losses ( to the extent of gambling gains) e.None of the above 9.Harry divorced Wanda during the year. He incurred the following legal expenses as itemized on the bill from his attorney -Fees related to property division$500 -Fees related to the determination of dependency exemption $150 -General legal fees incident to divorce$900 How much can Harry deduct? a.$0 b.$150 c.$650 d.$1,550 e.None of the above 10.Which of the following is not relevant in deciding whether an activity is profit-seeking of a hobby? a.The time and effort expended b.The expertise of the taxpayers or their advisers c.The history of income or losses from the activity d.The tax benefits of the activity to the taxpayer e.All of the above factors are to be considered 11.During the current year, Hugh, a self-employed individual, paid the following amounts: -Real estate Tax on Iowa Residence $3,800 -State income Tax$1,750 -Real estate taxes on land in Puerto Rico (held as an investment)$1,100 -Gift Tax paid on gift to daughter$1,200 -State Occupational license fee$300 -Property tax on value of his automobile (used 100% for business) $475 What is the Max amount Hugh can claim as taxes in itemizing deductions from AGI? a.$6,600 b.$6,650 c.$7,850 d.$8,625 e.None of the above 12.Trade and business expenses should be treated as: a.A Deduction from AGI subject to the 2%-of-AGI floor b.A deduction from AGI not subject to the 2%-of-AGI floor c.Deductible for AGI d.An itemized deduction if not reimbursed e.None of the above
itemized deduction and trade and business expenses? 11. During the current year, Hugh, a self-employed individual, paid the following amounts: - Real estate Tax on Iowa Residence $3,800 - State income Tax $1,750 - Real estate taxes on land in Puerto Rico (held as an investment) $1,100 - Gift Tax paid on gift to daughter $1,200 - State Occupational license fee $300 - Property tax on value of his automobile (used 100% for business) $475 What is the Max amount Hugh can claim as taxes in itemizing deductions from AGI? a. $6,600 b. $6,650 c. $7,850 d. $8,625 e. None of the above 12. Trade and business expenses should be treated as: a. A Deduction from AGI subject to the 2%-of-AGI floor b. A deduction from AGI not subject to the 2%-of-AGI floor c. Deductible for AGI d. An itemized deduction if not reimbursed e. None of the above
itemized deduction and trade and business expenses? 11.During the current year, Hugh, a self-employed individual, paid the following amounts: -Real estate Tax on Iowa Residence $3,800 -State income Tax$1,750 -Real estate taxes on land in Puerto Rico (held as an investment)$1,100 -Gift Tax paid on gift to daughter$1,200 -State Occupational license fee$300 -Property tax on value of his automobile (used 100% for business) $475 What is the Max amount Hugh can claim as taxes in itemizing deductions from AGI? a.$6,600 b.$6,650 c.$7,850 d.$8,625 e.None of the above 12.Trade and business expenses should be treated as: a.A Deduction from AGI subject to the 2%-of-AGI floor b.A deduction from AGI not subject to the 2%-of-AGI floor c.Deductible for AGI d.An itemized deduction if not reimbursed e.None of the above
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