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1500 questions
30
votes
6 answers

How Does Home Sale Transaction Value Get into the Public Domain?

Being a privacy conscious person, when my wife and I bought our first house a few years ago, knowing that I did not consent to the information going public, I was surprised and a little perturbed to start getting bulk mail listing the exact value we…
user44273
30
votes
5 answers

Why are residential investment properties owned by non-professional investors and not large corporations?

This question is relevant for Australia but I would think that it would apply to other countries too. I've noticed that nearly all residential investment properties are owned by non professional investors. What I mean by that is that the landlord is…
Joe.E
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30
votes
1 answer

I am a Canadian resident who wants to gift my Adult US child CAD$175K. What are the tax implications?

I am a Canadian resident who wants to gift my adult US child $175K Canadian. What are the tax implications for the US resident who resides in California?
ABranden
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30
votes
7 answers

What exactly is a "bad," "standard," or "good" annual raise? If I am told a hard percentage and don't get it, should I look elsewhere?

Is there a percentage threshold for a hypothetical "bad," "standard," or "good" annual raise? I supposed a bad raise would be no raise at all and I hear a typical raise is around 3%, which barely keeps up with cost of living increases. I recently…
gwar9
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30
votes
8 answers

A friend wants to use my account for a wire transfer. Is this a scam or is it legitimate?

I have a friend since July online and Exxon owe him for a balance on a 2014 contract off the shores of Liverpool. He is presently in the Gulf of Mexico completing a contract that last for one year. During that year he cannot get off the boat there…
Theresa Smith
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30
votes
5 answers

Why is there a limit of 6 ACH transfers out of savings accounts (per month)?

I recently discovered this limit the hard way, after being charged a fee for each transfer over the limit. With online banking becoming so prevalent, this is a huge inconvenience as it prevents people from structuring their savings for the best…
The Matt
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30
votes
3 answers

What are "preferred" stocks? How are they different from normal (common) stocks?

What are "preferred" stocks? How are they different from normal (common) stocks that you can buy on a stock exchange?
gyurisc
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30
votes
1 answer

Who is responsible for a dead person's credit card debt?

If a person is dead, who is responsible for their credit card debt incurred during the time they were alive? What if he was pronounced dead at 3:00 PM, and the purchase on their card happens (or get posted) 3:01 PM?
Dylan Czenski
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30
votes
8 answers

Can a person end up in prison for unpaid debt in the USA?

Many years ago I read in an article like this one about expats trying to leave the United Arab Emirates quickly whenever their job contract was cancelled. The reasons behind this behavior was that: Large purchases (automobiles and houses) and…
user100487
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30
votes
4 answers

How much does credit score matter?

The higher your credit score, the better. If you ever had the choice of two different credit scores, you are always better off preferring the higher one. However, while the utility of a higher score is always positive, it is not always large.…
Superbest
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30
votes
6 answers

How does start-up equity end up paying off?

Let's say I invest in a startup, either with money, work, etc. In return I am given a 5% stake in the company, but no salary, benefits, etc. When do I see money related to that 5%? Is it only when they get bought, or is there some sort of quarterly…
Soviero
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30
votes
8 answers

What are some creative ways to run up my credit card bill without any cost to me?

I got a new credit card with a very large signup bonus - as long as a minimum amount is spent on the card in the first 3 months. I usually don't go for things like this but in this case the bonus is so large that it's worth the hassle. The amount…
Jer
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30
votes
5 answers

Is there a limit on the dollar amount of a personal check?

Is there a limit on the dollar amount of a personal check?
user454
30
votes
5 answers

Why do doctors seem to overcharge for services?

What is the rationale for doctors to intentionally overcharge for services, when the doctor (or his service) already know the allowable charge for each procedure. For example, a pathology exam of tissue (code 88305) is charged at 227.60 but the…
BobE
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30
votes
6 answers

Sales company wants me to add an affiliate account to my personal bank account — are they trying to scam me?

I applied recently for a Remote Sales Manager position, everything was going cool in the email and they said I got the job. So I’m reading the contract and something seems odd: "During the period of probation the Candidate will be executing…
Zink
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