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Jeff Whyte

Jeff Whyte

Lauderdale by the Sea, Florida

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Car Home and Business expert just ask!

Answers 1 • Blog Posts 0

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Answers Needed

Which affords more protection-having payments made from your bank account or authorizing your creditor...?
Do we have a National Savings Day in U.S.?
I'm leaving an employer, and have paid most of my deductible for 2009 already. If I switch to COBRA, does my deductible reset? Or is it a continuation of my original policy, and I have already satisfied the deductible requirements?
Rental House - Gift vs Inheritance.

My mother has a rental house for 23 years and now she wants to give it to me . What is the tax consequence? How can we avoid paying tax?

My friend suggested that my mother just leave the house to me in her will since it will be an inheritance the basic will be FMV at that time and I won't have to deal with the past rental. Is this true?
What are mortgage (origination) points?

Questions

What is the amount of Advanced Learn Burn Technology tax credit that I can claim for purchasing 2009 Jetta 2.0L TDI?
My partner and I are registered domestic partners in California. Can she claim Head of Household since my son lives with us? I read the requirements and it does say "stepchild" so I guess the question is.... Is he considered to be her stepchild in the eyes of the "tax gods"?
How many people actually go in for a Health Insurance? It is observed that most people think it is a waste of money so avoid it. What do you think?
What is the difference between $7,500 & $8,000 tax credits for first time home buyers?
Do you have any experience with NACA (Neighborhood Assistance Corporation of America) loan modification expos?

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