Tag Archives: greed

Not What They Seem?

Two traveling angels stopped to spend the night in the home of a wealthy family.   The family was rude and refused to let the angels stay in the mansion’s guest room. Instead the angels were given a small space in the cold basement.    

Lost Down Payment

Today TaxMama hears from Somsak in the TaxQuips Forum, who is hurting, badly. “In 2005 I signed a contract to purchase 2 units in a pre-construction CondoTel in Orlando, Florida. I submitted a 20% down payment of $211,960. In 2008 the project was completed, but only 47 out of 260 investors could close the escrows. The rest couldn’t […]