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You are invited to forward this newsletter to friends, collegues and clients.
This newsletter covers:
Did you remember to mail your 1098s?
New article on why taxation of non-resident, alien investors in USA real estate
and mortgages.
Should you escrow for taxes and insurance as a private lender?
A little fun. Basic science quiz. Can you beat 90% of the US adult populations?
It isn't hard.
Did you remember to mail your 1098s?
The deadline for mailing 1098s to people who have paid you mortgage interest was
January 31. If you forgot, take care of it today. You will find the forms you
need here:
1098 forms
New article on why taxation of non-resident, alien investors in USA real estate
and mortgages.
This article is a brief overview of the taxation of Non-residents who invest in
USA real estate and mortgages.
Essential reading if you live outside the USA or work with aliens.
Alien investors
Should you escrow for taxes and insurance as a private lender?
The conventional wisdom is that private lenders should not bother to escrow for
taxes and insurance. We say this is not always the right strategy.
Escrow for taxes
Simple Science Test. See how many you get right.
Next to the answers are how many men and women got them right. Prepare to be
astonished.
1. True or false. The oxygen we breathe comes from plants.
2. True or false. The Earth's center is very hot.
3. True or false. Lasers work by focusing sound waves.
4. True or false. Electrons are smaller than atoms.
5. True or false. The earliest humans lived at the same time as the dinosaurs.
6. True or false. Antibiotics kill viruses as well as bacteria.
7. Which travels faster, light or sound?
8. Does the Earth go round the sun or the sun travel around the Earth?
9. True or false. Cigarette smoking causes lung cancer.
10.True or false. The continents have been moving for millions of years and will
continue to move in the future.
1. True. Oxygen comes from plants. Men 90%, Women 81%
2. True. Earth's center is very hot. Men 87%, Women 75%
3. False. Lasers do not focus sound waves. Light Amplification by Stimulated
Emission of Radiation. Men 64%, Women 30%
4. True. Electrons are smaller than atoms. Men 59%, Women 41%
5. False. Only in the Flintstones! Men 55%, Women 54%
6. False. Antibiotics are not effective against viruses. Men 47%, Women 53%
7. Light travels faster than sound. Men 90%, Women 67%
8. Earth round sun. Men 84%, Women 68%
9. True. Cigarettes cause lung cancer. Men 94%, Women 94%
10.True. The continents are moving. Men 86%, Women 78%
Source. A survey of 12,000 Americans by the National Science Foundation. Surveys
of Public Attitudes to Science and Technology. Directed by Jan Miller,
Northeastern University.
Find mortgage and deed of trust documents for every state in the USA.
For this and many other useful tools you may not have known we have, go to:
Free resources
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