Minimizing Water Damages From Wind and Rain Storms

Springtime in many parts of the country is well known for stormy weather and tornado activity. Recent weeks brought massive rain, wind and hail storms throughout parts of the United States. These storms have proved destructive on many fronts, causing extensive property damage due to strong winds, heavy rains, flooding and overflowing storm drains. Tornadoes…

What Does ("PID") Mean in The Real Estate Industry?

A Public Improvement District (“PID”) is a financing tool created by the Public Improvement District Assessment Act as found in Chapter 372 of the Texas Local Government Code. The PID enables any city to levy and collect special assessments on property that is within the city or within the city’s Extraterritorial Jurisdiction (“ETJ”). A county…

Registered Disability Savings Plans (RDSPs) Explained

RDSP stands for Registered Disability Savings Plan. The RDSP works as a Canadian savings plan similar to the Registered Education Savings Plan (RESP). To be eligible for an RDSP, an individual must qualify for the Disability Tax Credit, and be under the age of 60. The disabled individual who receives the funds invested in the…

Asphalt Road Construction

Everyone is aware about the benefits and advantages of a good constructed road. Roads play a very serious role in modern society providing services and goods for modern people. Today a vast majority of roads are constructed using Asphalt. Now question arises in your mind is "What is Asphalt"? Asphalt is the sticky dark brown…

Questions to Ask Before Hiring an Expert Witness

An expert witness is an individual that is an expert in their particular field and they are called to testify at a trial. There is something about that trial that suggests this individual could be helpful in establishing the guilt or the innocence of the defendant. For instance, a dentist may be called upon to…

Trust-Owned Annuities

IRC Section 72 governs the income taxation of annuity contracts. IRC Section 72(u)(1) taxes the income on an annuity contract owned by a “non-natural” person by treating it as though it was received by the non-natural owner. If, however, a non-natural person is merely holding the contract as an “agent” for a natural person, the…

Handling & Storage of Lobster Before Cooking

Lobsters are widely known as the King of the crustaceans and they should be treated accordingly. To successfully purchase or catch a lobster and maintain of the highest quality until it hits the dinner table, we must treat it with respect. As lobsters tend to be more expensive than other crustaceans it’s not good economics…

HUD-1 As A Marketing Tool – For Realtors

How Can HUD-1 Help You Generate Business? —————————————– HUD-1 is a standard form you use very often. The form serves not just as a settlement closing statement, but also as a proof of payment of different tax deductions. Understanding the form and the tax deductible items and communicating them to your clients will help your…