mdporter Posted August 28, 2009 Report Share Posted August 28, 2009 take it away Link to comment Share on other sites More sharing options...
PyurAureo Posted August 28, 2009 Report Share Posted August 28, 2009 Stoolies must be in agreement with the TGIF thing ... Link to comment Share on other sites More sharing options...
psyche doctor Posted August 28, 2009 Report Share Posted August 28, 2009 Long-term view of the nasty 100. Price currently near the purple downtrend line. It may be significant or could mean absolutely nothing as have most downtrend lines recently. Link to comment Share on other sites More sharing options...
Dharmaeye Posted August 28, 2009 Report Share Posted August 28, 2009 Long-term view of the nasty 100. Price currently near the purple downtrend line. It may be significant or could mean absolutely nothing as have most downtrend lines recently. Love to see chart, doesn't show for me just a black rectangle. Now working, Tanks Link to comment Share on other sites More sharing options...
briarberrys Posted August 28, 2009 Report Share Posted August 28, 2009 Can I have my money back please ? SAN FRANCISCO (MarketWatch) -- Investors want back about $5.5 billion in funds from Cerberus Capital Management's core hedge funds, The Wall Street Journal reported Friday on its Web site, citing unidentified sources close to the matter. The amount makes up about 71% of fund assets, according to the Journal. MarketWatch http://online.wsj.com/article/SB125148681701267563.html If this is true, does Cerberus still have enough cash to pay everyone back ? Link to comment Share on other sites More sharing options...
jickiss Posted August 28, 2009 Report Share Posted August 28, 2009 jickiss is back! jickiss is back! and can any here Imagine Owning the Steak of Kali MONIE for the Income Tax Lie-a-bility on the so called Debt on RE that was Forgiven? Look at the unreal gap between the Federal Treatment of Debt Forgiven, vs the Kali Treatment of Debt Forgiven on RE. wow! Escape from Kali??????? not so fast, mister! http://www.sfgate.com/cgi-bin/article.cgi?...;type=printable Link to comment Share on other sites More sharing options...
jickiss Posted August 28, 2009 Report Share Posted August 28, 2009 jickiss is back! jickiss is back! and For sure, the Secret jickiss doolar-Gold Indicator is in a dire fall zone now. This is Opposite of the situation one year ago. Expect a Giant Gold and Silver Seasonality this Fall of the year 2009. jickiss!!!!!!! Link to comment Share on other sites More sharing options...
jickiss Posted August 28, 2009 Report Share Posted August 28, 2009 jickiss is back! jickiss is back! and, Boom! Boom! Boom! that is the sound of your jickiss Pounding the Table on AUY Yamana. Buy, Buy, Buy! chart: Link to comment Share on other sites More sharing options...
mdporter Posted August 29, 2009 Author Report Share Posted August 29, 2009 jickiss is back! jickiss is back! and can any here Imagine Owning the Steak of Kali MONIE for the Income Tax Lie-a-bility on the so called Debt on RE that was Forgiven? Look at the unreal gap between the Federal Treatment of Debt Forgiven, vs the Kali Treatment of Debt Forgiven on RE. wow! Escape from Kali??????? not so fast, mister! http://www.sfgate.com/cgi-bin/article.cgi?...;type=printable If debt is forgiven it is just a form of income. If the debt was due to a cash out refi then the tax rate should be even higher. The feds need tax money even more than the states do. They should adopt the same rules and get rid of the mortgage interest tax credit system too. Link to comment Share on other sites More sharing options...
mdporter Posted August 29, 2009 Author Report Share Posted August 29, 2009 jickiss is back! jickiss is back! and can any here Imagine Owning the Steak of Kali MONIE for the Income Tax Lie-a-bility on the so called Debt on RE that was Forgiven? Look at the unreal gap between the Federal Treatment of Debt Forgiven, vs the Kali Treatment of Debt Forgiven on RE. wow! Escape from Kali??????? not so fast, mister! http://www.sfgate.com/cgi-bin/article.cgi?...;type=printable From the article: Chris Province, a real estate tax expert with Armanino McKenna in San Ramon, has a client who owns a home in Southern California that he used to live in and another in Santa Rosa that he lives in now. He owes about $100,000 more than the Southern California property is worth and about $250,000 more than the Santa Rosa home is worth. Both are recourse loans. He is so far underwater on the Santa Rosa home he stopped making mortgage payments in January and faces foreclosure. Since his credit is wrecked, he plans to walk away from the Southern California home as well. He will owe federal and state tax on $100,000 in canceled debt income on the Southern California home. On the Santa Rosa house, he won't owe federal tax because it is his primary residence, but will owe state tax unless the law is extended. He will owe about $65,000 in canceled debt tax on the two homes. "The mortgage payments he should have been paying since January he has been putting in the bank to pay the tax," Province says. Without the federal tax break, he would have owed $150,000 instead of $65,000. "This tax law has made it easier to walk away from your home," Province says. Link to comment Share on other sites More sharing options...
jickiss Posted August 29, 2009 Report Share Posted August 29, 2009 jickiss is back! jickiss is back! and Dear mdporter, ohmigod! you do like Old Fashioned ATM machines, don't you? Link to comment Share on other sites More sharing options...
MrHanky Posted August 29, 2009 Report Share Posted August 29, 2009 Fixed income trading like tech stocks now.....Muni bonds breaking out bigtime. I think their still could be another 10% upside in the next month.....Yields still way higher than "normal". Maybe Link to comment Share on other sites More sharing options...
shorty Posted August 29, 2009 Report Share Posted August 29, 2009 Can I have my money back please ? MarketWatch http://online.wsj.com/article/SB125148681701267563.html If this is true, does Cerberus still have enough cash to pay everyone back ? I doubt it. Start the investigation! Link to comment Share on other sites More sharing options...
shorty Posted August 29, 2009 Report Share Posted August 29, 2009 Long-term view of the nasty 100. Price currently near the purple downtrend line. It may be significant or could mean absolutely nothing as have most downtrend lines recently. looks like we're headed for 100 level before it will be safe again to greaterfoolgamble longadong in them risky common stocks Link to comment Share on other sites More sharing options...
shorty Posted August 29, 2009 Report Share Posted August 29, 2009 From the article: Chris Province, a real estate tax expert with Armanino McKenna in San Ramon, has a client who owns a home in Southern California that he used to live in and another in Santa Rosa that he lives in now. He owes about $100,000 more than the Southern California property is worth and about $250,000 more than the Santa Rosa home is worth. Both are recourse loans. He is so far underwater on the Santa Rosa home he stopped making mortgage payments in January and faces foreclosure. Since his credit is wrecked, he plans to walk away from the Southern California home as well. He will owe federal and state tax on $100,000 in canceled debt income on the Southern California home. On the Santa Rosa house, he won't owe federal tax because it is his primary residence, but will owe state tax unless the law is extended. He will owe about $65,000 in canceled debt tax on the two homes. "The mortgage payments he should have been paying since January he has been putting in the bank to pay the tax," Province says. Without the federal tax break, he would have owed $150,000 instead of $65,000. "This tax law has made it easier to walk away from your home," Province says. ya can't lose in RE get into a few more investment homes right now HURRY! it's a great time to buy or sell never been a better time to buy or sell last chance to buy or sell before you miss out on the blahblahblah chance of a lifetime because of blahblahblah Link to comment Share on other sites More sharing options...
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