Fix My Finances
Helping You Get “Back In The Black”

Since houses are worth less today than they were purchased for, i.e. the homeowner is underwater on his mortgage, some families have tried to put their homes on the market as a short sale and then have a family member purchase the house at the lower price and then sell the property back to the [...]

http://www.condo.com/Auctions/ I just discovered a great new website.  This site has info on condos for sale around the country, including auctions. Check out the auction in Orlando coming up next month.  The bank is auctioning off 179 condo units in 3 different complexes around the city.  The condos are FHA approved and there is no [...]

S Corporations are required to treat medical insurance payments for employees who are also shareholders owning more than 2% of the business as a wage.  Thus, the amount would be included in the employees gross income.  However, the amount is not subject to the Social Security, Unemployment, or Medicare taxes.

The task of raising money for a business is not as difficult as most people seem to think. This is especially true when you have an idea that can make you and your backers rich. Actually, there’s more money available for new business ventures than there are good business ideas. A very important rule of [...]

Yes it is difficult to get a mortgage right now.  Banks are loaning money but they want more downpayments and they are taking more precautions to protect their investments.  As such, I would recommend that couples looking to purchase a home consider a multi-family. Multi-families are great because it allows the couple to purchase a [...]

With so many people starting their own businesses now, it is essential that they get proper advice in setting up the companies to ensure that they don’t end up with issues later on in the life of the company. Many people like to form corporations because of the limited liability for shareholders.  Limited liability means [...]