Many people find themselves in a lot of credit card debt. Having too much debt makes it difficult to pay the bills each month. Even if people do not have trouble paying their bills at the moment, loss of income can change all that in an instant. Credit card debt advice is available to those who need it.
19 Apr
Posted by: Ethan Collin in: Home Insurance
With the associated costs of holiday home ownership rising, there is an increasing number of holiday home owners turning to holiday lettings as a means to generate income. Whilst the majority of property owners will market their rentals professionally, there are some ‘accidental holiday rental landlords’ who will steal your photos or website copy and pass them off as their own.
Although it’s claimed that imitation is the sincerest form of flattery, when it comes to a competitor stealing your content, it’s not flattering, it’s theft. Ultimately, it could be costing you bookings and it needs to be addressed.
There is every possibility that the culprit owns a property in the same village or on the same holiday complex and that you might well bump into each other at some point. With this Read more…
While bankruptcy relief is a federal process, some laws such as those regarding income qualification and asset exemptions apply specifically to South Carolina residents. Most people who file personal bankruptcy in the state choose a partial debt repayment plan in Chapter 13 or request forgiveness of approved bills in Chapter 7.
You must have lived in South Carolina for at least six months to file bankruptcy as a resident of the state.
As announced in the 2011 budget, the changes to the Furnished Holiday Lets (FHL) tax rules come into effect today – April 6.
From April 6 it will only be possible to offset trading losses from a furnished holiday lettings business against certain income from that same FHL business. The previous rules allowed holiday let owners to offset losses against other income to lower their annual income tax bill.
FHL relief allows holiday home owners to deduct expenses such as mortgage interest, cleaning, agent commission, utilities, business rates, holiday let insurance, any improvements and furnishings from their rental income.
Proposed furnished holiday let tax changes to apply from April 2012
It is proposed that from April 2012, in order to qualify for furnished holiday letting tax breaks holiday home owners must let a property for an annual minimum of 105 days (raised from 10 weeks) and the property should be available to let for no less than 210 days a year (increased from 20 weeks).
Also, holiday lets must be no longer than 31 days. T
12 Apr
Posted by: John Moysey in: Home Insurance
It’s bad enough to be a defendant in a criminal matter, but then, after the case is adjudicated, your attorney will send you a bill. Although some legal fees are allowable as deductions, these generally relate to keeping your job.
Rent to own homes are a great way for some individuals to buy their homes. Many times they can not gather up or afford a down payment so this is a way to do that. Although this can be a great option it does have it’s drawbacks. Take a look at these blogs to find out the great sides and also the not so great sides of rent to own homes. You can sometimes get more home than you might not have thought possible. There are some opinions that you will pay more over time for the house than if you buy the home on a mortgage. See for yourself and make the decision on whether you want to rent to own or try a mortgage company.