March 2009
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Timeout for now…
I would not classify this as a defeat, but I’m reluctant to announce that we are putting our house hunting adventures on hold for the next 12 months or so. Despite the fact that the mortgage on the house would be less than the rent that I have never been late on, and despite the [...]
Do the math
Want to see how backwards our financial system is right now? Situation A: Self-Employed, Corporation Type S (business profits and loss are reported on personal tax return) 2006 Gross Income: 100,000 2006 S-Corp Income: -10,000 2006 adjusted gross income: 90,000 2007 Gross Income: 100,000 2007 S-Corp Income: -10,000 2007 Adjusted Gross Income: 90,000 FACT: Personal [...]
Square One: Again
This is unreal. What are the chances that both houses we’ve been ready to make an offer on go off the market the weekend before the offer is made? Elmwood Park… gone. WTF?