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I have a question. If you buy a house for say $1 million with no money down, value drops to 800k and you sell it for 800k or you get foreclosed on and the bank sells it for 800k. Does the bank take the hit for 200k? Can they make you pay that 200k back to them? I assume not, since if you did...

Plenty of morons around that don't bother reading the fine print. I just got some spam saying I can get a 400k loan for only $917 per month. I know that a loan that size on a 30 year fixed at 6% would go for about $2,400 per month. People should just use fixed rates. These arms and interest only...

Can't someone just cash out their bank accounts and brokerage accounts and put the money under the mattress so no one knows about it? If it comes up, can't you just say you gambled it away?

http://en.wikipedia.org/wiki/Chapter_7

What is the difference between an LLC and a non- publicly traded corporation? Also, how much does it roughly cost to start both of those versus a sole proprietorship?

http://news.yahoo.com/s/ap/20060930/ap_on_bi_ge/amaranth_losses

Most people want to be near a city for the jobs and the culture.

What if you buy the house today and live in it for the next 24 months and then sell it; does the capital gain tax exclusion apply?

5-10 years ago, almost any Joe Schmoe would have been able to afford places like NJ/NY. Factory workers are living in upscale towns in NJ. Now, you need to be a daytrader or a successful hedge fund manager to live in these towns. Wages haven't really gone up over the past 5 years to warrant such...

Thanks alot for the info.

Out of curiosity, how much total cost would it be around to design a simple website? If I need updates to the website down the road, can any web site designer do it or does the original web site designer have to do it?

I wonder if people who are let go from Ford will have the money or care to buy a Ford car or truck again?

Medical recruiting is nothing out of the ordinary. Most practices and hospitals use recruiting firms to outsource that function and since there is a shortage of doctors out there, they don't mind paying 25k fees for a recruiter to help them bring in docs to their area. I've been doing it for 1...

I was referring to working as a physician recruiter, not being a physician, in other words a head hunter for practices and hospitals that pay a fee to recruit doctors for them, and hiring people to work from their home, not mine, on a 50/50 fee split. Average fee for a physician placement is...

I'm thinking about starting a physician recruiting business from home and hiring people to work from home on a 50/50 fee split. Anyway, am I responsible for matching their social security taxes on the fees they earn or is there a way perhaps that I can get away with not matching it by having...

I moved out of NJ about a year ago and went to the Atlanta area. Homes are cheap here and the weather beats NJ.

Who is that?

I live in the Atlanta area. I love it. Alot cheaper than NJ where I moved from, and no snow.

How would her former employer even find out she was doing it from home? Would setting up a PO Box outside the 100 mile radius work?

Can you go to prison or pay heavy fines for not honoring a non-compete agreement or is the worst that can happen is that the court forces you to stop your business until the 1 year has gone by?