Promissory Notes and Mortgage Notes May Provide Tax Deductions
Promissory notes and mortgage notes have two primary values-cost value and Fair Market Value. The cost value is what you paid, or what you invested; Fair Market Value is what the note is worth today if it were sold. If $10,000.00 was invested in a note originally, and today its Fair Market Value is zero ($0.00), there may be a $10,000.00 tax deduction available, depending on the specific facts.Promissory Note Appraisal Report: When Needed and Why?
Who Needs a Promissory Note Appraisal Report? Why is an Appraisal Needed? Fair Market Value Defined. Who needs to learn the Fair Market Value of a Promissory or Mortgage Note?List of Retirement Planning Tools
The Internet affords workers with a wide array of retirement-planning tools that are well known for their usefulness. By tapping into these tools, you can enhance your retirement planning and get a handle on your future. Each tool is unique in its way, so be sure to check them all out to see which ones work best for you.Appraisal of Promissory Notes – Who Needs It?
Understanding How and Why. Traded Assets vs. Non-Traded–Understanding the Difference. Who needs Appraisals? Definition of Value. Valuation Methods.Promissory Note Investing: Understanding the Basics
Learn the Fundamentals and Avoid Unnecessary Losses. Investing Basics. Understand the Borrower’s Attitude. Understand the Borrower’s Financial Condition. Understand the Collateral Security.