Jackson Michigan Tax Service | Call NOW! [ 313.242.7623 ] | Income Tax Service Jackson MI, 49201 – A Genaric Marketing Video For A Tax Service.

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Published on Jan 13, 2017

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Getting Over That First Private Lender Hump | Private Money For Real Estate Deals | Real Estate Investing | How To Get Private Money

Because using and leveraging private lenders in you real estate investing business is, hands down, one of the fastest and most effective ways to give yourself the confidence and the speed of implementation that you need to land those deals that are going to take you where you’re trying to go with your business.

The problem is, time and time again, we hear how hard it is – no matter how many tips, tactics and strategies we give you ­– to effectively find and connect with private lenders. We always hear, over and over again, that getting that first one is a huge hurdle. It seems to be, for many people, this insurmountable first base hit that they can’t seem to get over.

So, for today’s post, we’re going to talk about a couple of specific ways that you can get over this hump. I’ve shared this advice a few times before, but never really focused in on it exclusively. And, I think it deserves focus because it’s really powerful.

Rather than seeking funding first, get a record through wholesaling. Get some experience under your belt. Build that track record of deals that you’ve closed and money that you’ve made, which you can then show to a potential lender.

It doesn’t matter what financial situation you’re in… you can start making money. You can start getting experience closing deals by simply wholesaling properties and get that initial track record in place.


Can Cash Protect Your Savings From This Impending Event? | Birch Gold Group

Over the last several years, as the Fed and other central banks around the world have printed money like drunken sailors, devalued their currencies and set up their economies for bouts of inflation like none they’ve ever seen before, there have understandably been many doomsayers who have warned about the vulnerabilities of the equity and bond markets.

But now we’re hearing a new level of alarm unlike in the past. Now, a prominent banker is actually encouraging you to lock up your physical cash – somewhere out of the reach of the Feds.

Writing for the Telegraph, Andrew Oxlade says, “The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress. Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for Fidelity, including the flagship Moneybuilder Income fund, is concerned that a ‘systemic event’ could rock markets, possibly similar in magnitude to the financial crisis of 2008, which began in Britain with a run on Northern Rock.

“‘Systemic risk is in the system and as an investor you have to be aware of that,’ he told Telegraph Money. The best strategy to deal with this, he said, was for investors to spread their money widely into different assets, including gold and silver, as well as cash in savings accounts. But he went further, suggesting it was wise to hold some ‘physical cash’, an unusual suggestion from a mainstream fund manager.”

We’ve all heard that we’ll soon see capital controls in Greece and other financial trouble spots around the world. Last year in Cyprus, the government forced depositors to bear much of the losses in their banking crisis.


HUD Seeks To Address “Inequality” In Wealthy Neighborhoods Through Regulations

The federal government continues to reach far beyond its constitutional parameters by proposing regulations to increase diversity in . Officials at the Department of Housing and Urban Development argue that a new rule entitled “Affirmatively Furthering Fair Housing” would simply clarify obligations under the Fair Housing Act of 1968, but critics view it as another example of federal overreach.

The Hill reports, “The regulations would use grant money as an incentive for communities to build affordable housing in more affluent areas while also taking steps to upgrade poorer areas with better schools, parks, libraries, grocery stores and transportation routes as part of a gentrification of those communities.”

According to ’s Notice of Proposed Rulemaking on Affirmatively Furthering Fair Housing, the proposed rule is to ensure that public housing agencies, as well as local governments and states receiving Community Development Block Grants, HOME Investment Partnerships, Emergency Solutions Grants, and Housing Opportunities for Persons With AIDS are properly adhering to the Fair Housing Act. In order to do so, the proposal entails the completion of an assessment of fair housing (AFH). Program participants would then be required to incorporate the findings from the AFH into subsequent housing plans: the Consolidated Plan, which would “describe how the priorities and specific objectives of the jurisdiction would further fair housing,” and the Action Plan, which specifies “actions to be taken during the next year that address fair housing issues identified in the AFH.” The proposal identifies four goals of the AFH:

The AFH focuses program participants’ analysis on four primary goals: improving integrated living patterns and overcoming historic patterns of segregation; reducing racial and ethnic concentrations of poverty; reducing disparities by race, color, religion, sex, familial status, national origin, or disability in access to community assets such as education, transit access, and employment, as well as exposure to environmental health hazards and other stressors that harm a person’s quality of life; and responding to disproportionate housing needs by protected class. HUD would provide all program participants with nationally uniform data on these four areas of focus as well as outstanding discrimination findings. Once program participants have analyzed the HUD data, as well as local or regional information they choose to add, they would identify the primary determinants influencing fair housing conditions, prioritize addressing these conditions, and set one or more goals for mitigating or addressing their determinants. 

The AFH is subject to HUD approval, which is granted only if it does not violate fair housing or civil rights laws, as deemed by HUD. According to The Hill, the regulations would apply to roughly 1,250 local governments.


Drive To Call Time On Confederate Flag Sweeps South – 150 Years After Civil War | The Guardian | US

The Confederate battle flag planted in the ground outside the statehouse in has been protected by a state law since 2000 that says it must remain hoisted at 30 feet in perpetuity. Perpetuity, it turns out, might end next week.

State legislators introduced a bill on Tuesday to reverse the old law and remove the flag, following days of impassioned protests outside the capitol by thousands of citizens galvanized by the killing a week earlier of nine African Americans inside the historic Emanuel African Methodist Episcopal church in Charleston.

Decades of resistance to retiring the emblem, which has long been held up in the south as a symbol of regional pride and reverence for fallen Confederate soldiers, suddenly seemed to disappear this week in revulsion at pictures posted online of the alleged church killer, Dylann Roof, with the flag.

This feeling was not restricted to South Carolina. The killings have sparked a quickly expanding movement to abolish the flag symbol across the states of the old south, which fought unsuccessfully to leave the United States in the civil war of 1861-65.

Multiple states have acted to remove the flag from official use, while retailers have announced bans on its sale and elected officials have spoken openly against it for the first time in memory.


Texas To Pull $1 Billion In Gold From Federal Reserve Bank

“With the passage of this bill, the Texas Bullion Depository will become the first state level facility of this kind in the nation, increasing the security and stability of our gold reserves, and keeping taxpayer funds from leaving Texas to pay for fees to store gold in facilities outside our state,” Abbott said.

Section A2116.023 of the bill states: CONFISCATIONS, REQUISITIONS, SEIZURES, AND OTHER ACTIONS VOID. A purported confiscation, requisition, seizure, or other attempt to control the ownership, disposition, or proceeds of a withdrawal, transfer, liquidation, or settlement of a depository account, including the precious metals represented by the balance of a depository account, if effected by a governmental or quasi-governmental authority other than an authority of this state or by a financial institution or other person acting on behalf of or pursuant to a directive or authorization issued by a governmental or quasi-governmental authority other than an authority of this state, in the course of a generalized declaration of illegality or emergency relating to the ownership, possession, or disposition of one or more precious metals, contracts, or other rights to the precious metals or contracts or derivatives of the ownership, possession, disposition, contracts, or other rights, is void ab initio and of no force or effect.

Another telling sign for the future of our economy hit this week, as Texas passed a bill to pull $1 billion in gold from the Federal Reserve Bank. The move will allow Texas to safeguard their gold, and highlights the very real trouble that some see coming.

Texas joins a number of countries that have recently pulled their gold out of the New York depositories, including Germany, Austria, and the Netherlands.

House Bill 483, which was signed by Texas Governor Greg Abbott on Friday, June 12, will allow Texas to build a gold and silver bullion depository. Once completed, Texas will pull $1 Billion in Gold from the Central Bank and hold it inside the Texas bullion Depository.


Colorado Court Rules Fired Medical Marijuana Patient Can’t Get Job Back | The Guardian | US news


Cannabis consumption is cause to be fired in , the state’s supreme court has ruled, despite the drug’s legal status and the appeal of a quadriplegic man who was fired for using medical marijuana.

Six judges unanimously ruled that Brandon Coats was lawfully fired for failing a drug test in 2010. Coats’s former employer, Dish Network, agrees that he was never intoxicated while at work, but maintains a “zero-tolerance” drug policy.

The case sets one of the first precedents for the uncertain status of marijuana around the country: a handful of states have legalized recreational marijuana, more than 20 have legalized medical marijuana under various conditions, but the federal government still considers marijuana an illegal Schedule-1 drug, alongside heroin and ecstasy.

Under Colorado’s “lawful activities statute”, justice Allison Eid wrote in the opinion, “the term ‘lawful’ refers only to those activities that are lawful under both state and federal law. Therefore, employees who engage in an activity such as medical marijuana use that is permitted by state law but unlawful under federal law are not protected by the statute.”

“Although I’m very disappointed today, I hope that my case has brought the issue of use of medical marijuana and employment to light,” Coats said in a statement.


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