Cuba legalises sale of private property

Cuba’s government has given its citizens the right to buy and sell their homes for the first time since the 1959 revolution. The long-awaited reform, published on Thursday in the government’s Official Gazette, is one one of the most substantial reforms introduced by Raul Castro, Cuba’s president, to liberalize the island’s Soviet-style command economy while maintaining the communist system.. Phil Peters, a Cuba expert at the Lexington Institute in Arlington, Virginia, said the move could have broad ramifications for the Cuban economy, where the cash-strapped government is encouraging the growth of self-employment as it attempts to cut a million jobs from its bloated payrolls. “The ability to sell houses means instant capital formation for Cuban families. It becomes a source of capital at the grassroots level,” Peters said. “It is a big sign of the government letting go.” Al Jazeera’s Jesse Mesner-Hage reports.

Capital Gains Tax on Rental Property and Primary Residence Sale?

Question by Nancy E: Capital Gains Tax on Rental Property and Primary Residence Sale?
In 1987 my ex husband and I purchased a home in GA. One year later he joined the military and we moved and the home has been a rental property. I foolishly paid extra on the mortgage, not knowing at the time that this would increase my capital gains tax. Now, divorced I purchased my ex’s interest in the Ga home and I purchased a home in Maryland in 2004 and may be relocating to Virginia in Dec 2008. Are there any loopholes that would assist in lowering the capital gains tax on the GA home? I thought of refinancing the loan to a higher amount but I’m sure that would not work as easily as it sounds. Also, would selling both homes and relocating to VA help in any way? I read something that said if a second home was sold in combination with a primary residence then used to purchase another home, there COULD be a loophole for some… Thanks!

Best answer:

Answer by Onestep downfrom God
Post this in the USA and you might get an answer.

What do you think? Answer below!

LAKEFRONT PROPERTY Lake Gaston, NC or VA 27850 FOR SALE WATERFRONT LAND

CONTACT: Roanoke Reserve LLC, 252-578-2628 Website: www.roanokereserve.com Email: info@roanokereserve.com — LUXURY LAKEFRONT LIFESTYLE on LAKE GASTON (NC-VA). Be ONE OF ONLY SIX to design your CUSTOM LAKE HOME AND AMENITIES on a BEAUTIFUL AND SPACIOUS ROANOKE RESERVE lakefront property – located on one of the best recreational lakes in the US. Ample room for amenities of choice on the water and offshore. Private road system; county water access in process; onsite septic required; preliminary perk for 4 – 5 BR home on file – more should not be a problem but will require a perk test to confirm. Shoreline accommodates a DOUBLE BOATHOUSE – permitting required. HIGH-SPEED INTERNET available at buyer’s discretion. VISIT OUR WEBSITE to learn more about Roanoke Reserve and Lake Gaston. CALL TO ARRANGE A PRIVATE TOUR — THE ONLY WAY TO SEE HOW SPECIAL THIS OFFERING REALLY IS.Luxury Homes & Luxury Real Estate. Castles and Mansions for Sale. Luxury Home & Mansion for Sale in North Carolina, Virginia, Georgia. www.TheLuxuryBrokers.com All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Neither The Luxury Brokers, LLC. nor the service providers for The Luxury Brokers, LLC. are liable for any errors or inaccuracies in the information provided through this website. © 2008 The Luxury Brokers, LLC.

What is the best tax prep software for rental property owners?

Question by L B: What is the best tax prep software for rental property owners?
Every year we spend over $ 350 on a tax preparer and end up with errors which the IRS seems to correct before sending us a check for more value than what we are told. We want to try and prepare our own taxes this time but not sure what software we should get. We have a rental property in North Carolina for which we pay a mortgage and are living in a rental apartment in Virginia. We have 2 dependents and one of us works part time and the other full time. What software do you recommend in this situation? We have vista on our computer. Thanks much!

Best answer:

Answer by Oldmansea
Turbo Tax is what I use, I always pay the 80 or 90 dollars for the deluxe edition which does rentals and other business stuff.

Know better? Leave your own answer in the comments!

Wash., W. Virginia Have Accreditation Woes.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

Wash., W. Virginia Have Accreditation Woes.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on December 20, 1999. The length of the article is 575 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Wash., W. Virginia Have Accreditation Woes.
Author: Jim Connolly
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: December 20, 1999
Publisher: The National Underwriter Company
Volume: 103 Issue: 51 Page: 5

Distributed by Thomson Gale

List Price: $ 5.95

Price: $ 5.95

Virginia Divorce│Omitted Property in Separation Agreement by Virginia Divorce Lawyer

www.virginiadivorceattorney.com Omitted Property. What happens in an agreement when you fail to mention property that’s been omitted in the agreement. Normally, if you fail to discuss it then it’s probably going to the person who has title or ownership to the property. One of the clauses you might want to put in your Separation Agreement is an Omitted Property Clause. This clause will spell out what is going to happen to any property that was omitted purposely or by accident.
Video Rating: 5 / 5

Virginia House votes to let banks sell insurance.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

Virginia House votes to let banks sell insurance.: An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 12, 1990. The length of the article is 1041 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Virginia House votes to let banks sell insurance.
Author: Evelyn Gilbert
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: February 12, 1990
Publisher: The National Underwriter Company
Issue: n7 Page: p2(2)

Distributed by Thomson Gale

List Price: $ 5.95

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The Personal Property Fraud Victory Dance

Criminals who commit insurance fraud just can’t catch a break. Pam and Tony, Virginia’s nosy insurance fraud fighters, are on the trail of a woman who pawned a diamond ring, then said it was stolen so she could claim it on her insurance policy. Her celebrating ends when Pam and Tony take over the dance floor for their own crime-fighting victory dance. When you report insurance fraud in Virginia, you could be eligible to receive a reward of up to 000. Visit stampoutfraud.com for more info.

Anyone know where there is a brain dump for the Property And Casualty Insurance Test for Virginia?

Question by Bill: Anyone know where there is a brain dump for the Property And Casualty Insurance Test for Virginia?
Looking for sample questions for the Virginia P&C insurance test. Have the study guide, have the Exam Cram but still want more questions. Any help or links would be great.

Best answer:

Answer by mbrcatz
Here’s my fav source for sample tests, the first one is free, then you have to buy more:

http://www.insurance-schools.com/free_insurance_exam.asp

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