Concentrated efforts have been made in the preservation of precious Victorian homes. The beautiful results can be seen in downtown Oakland’s Preservation Park, as well as throughout the city and in the picturesque Oakland Hills.

For a very low price you can take the 20 hour course online from the comfort of your own home or office. Most CTEC courses are designed to cover the most recent federal and state changes that will impact you as a tax preparer for the current tax year. After you take the course, you’ll receive 5 hours of state credit and 15 hours of federal credit. That’s everything you need to apply for your CTEC renewal.

CTEC classes Another thing I found out, which prior to this point I did not know, was the tax implications you incur after a foreclosure because of something called Cancellation of Debt Income. That one really shocked me when I learned about it. And to just put the cherry on top, there’s something called a Deficiency Judgment and it is not good for the borrower. This legal process allows your bank to sue you for the unpaid balance of your mortgage, EVEN AFTER THEY AGREE TO DO A SHORT SALE. I could not believe this when it happened to me and it affected my decision to cancel a short sale I had been working on for five months with Bank of America Home Loans. It was a long and tedious education process that I hope I never have to repeat again.

Finally, I learned something that shocked me more than anything else I had learned during this whole ordeal. I finally found out why the big banks like Bank of America, Wells Fargo, J.P. Morgan Chase, Citigroup and many others, are so reluctant to agree to a loan modification or Short Sale on the mortgages they own. I learned why they fight and stall homeowners when they ask to do a short sale or loan mod.

CTEC approved provider A lawsuit is filed against anyone with a recorded interest. How do you find this out? You have a title search done and it will reveal who has a recorded interest or lien. I know of an example here in SW Florida where an attorney and real estate broker paid a bank $ 153,000 cash for a house in a foreclosure sale and the bank did NOT OWN THE HOUSE. Knowing who has a recorded interest is the real purpose of a quiet title action. Once you have served notice on the party/s that have a recorded interest, here is where the ice gets thick.

You also need two cars, because you both work, and these cars need insurance, tires, and other goodies. You have been reasonable, nothing fancy, but you still have to pay the monthly installments on both. So let’s say that this would mean an additional $ 600 or $700 for both cars, all included. – except, of course, the gas. I was about to forget that! And at three dollar +, even for two small cars, it will mean another $150? $200? Ok. Say it’s only $ 150. And you will change the oil and do minor mechanics yourself, and run on flat tires, not to overwhelm the budget. By the way, we forgot the college loans that, after all these years, you settled up to pay at about $200 a month.

Any refinancing means a longer new loan. If you have a 30-year fixed rate mortgage with only 20 years remaining but you want more cash flow monthly and you think you’ll be saving more by refinancing into a new 30-year agreement, you will erase 10 years of payments. Given this scenario, you have to have a very good reason to get a California refinance, like lowering your monthly bills, paying off big debts, sending your child to college, and other big expenses.

The first place I started was with the biggest name in tax preparation, TurboTax. The Federal Free Edition looks and functions just like their offerings, and includes free federal loans e-filing as well. Unfortunately, Federal Free Edition won’t handle my rental properties, so I need to upgrade to the $49.95 Premier version. I also have to pay an additional $36.95 to do my California state taxes, so my total cost for TurboTax is $86.90. Definitely costs a lot more than free!