Updated May 28, 2018 05:25:25 In a nutshell, you need to know what assets you have.
Here are some things you need know before buying or selling an asset: What assets do I have?
Are there any cash flow opportunities?
What is the cash flow for an asset?
Are they liquid assets or cash?
Are I dealing with long-term assets or short-term?
What are the financial metrics for each asset?
What other assets are there?
Is there any credit history?
Are assets sold on a per-asset basis or on a quarterly basis?
What assets have been sold recently?
Are any cash flows available?
Do you have cash flow?
How can you sell assets at a loss?
Are you dealing with cash flow concerns?
What can you do with cash?
How much can you save?
Can you sell at a profit?
Can I sell assets I can’t afford to lose?
Can a buyer buy an asset I can lose?
How do I sell my own property?
What if I’m selling a property I purchased at below market value?
What about my spouse or common-law partner?
Do I have to buy the property outright or are there any other methods of selling?
Can we sell a property at a lower price than the market value or are we just allowed to use a credit check?
How to deal with a mortgage?
Are we dealing with a foreclosure?
What does it mean if you buy a mortgage from a lender who has a negative credit rating?
What happens if you sell your house to pay off a mortgage in a different state?
How does a buyer resell a mortgage on the secondary market?
Are sellers allowed to sell their properties to buyers who don’t own them?
How is a seller allowed to make money from a mortgage that’s not theirs?
What would happen if a seller sold a home that was a home equity line of credit?
How would the buyer repay the loan if it defaults?
Are property taxes due?
How long do you have to pay taxes?
How are taxes calculated?
How often do taxes are due?
Are taxes due in the future?
Are tax liens on your property?
Is your property exempt from taxes?
Are federal, state and local taxes owed?
Is it possible to get a refund from the federal government for taxes you didn’t pay?
Are your federal income taxes exempt from federal income tax?
Can the federal tax deduction be used on state and municipal income taxes?
Is a state or local tax deduction available to certain types of business income?
How many tax brackets do I qualify for?
Can people claim the state and federal tax deductions?
Can states and local governments make deductions for other sources of income?
Are capital gains taxed?
What types of income are taxed?
Can income earned on certain types and amounts be subject to capital gains taxes?
What kind of tax brackets are available?
Are states allowed to tax the amount of income received from certain sources?
What kinds of income can be taxed?
Is income subject to the estate tax?
Is the estate subject to death tax?
What forms of tax are allowed to be filed?
What income is subject to tax on property that is owned by someone other than the owner?
Is property held by a trust subject to estate tax liability?
Is someone who has died subject to income tax liability on the sale of the property?
How tax-exempt is a business?
Are business entities exempt from income tax on their employees’ salaries?
Are charitable organizations exempt from corporate income tax or personal exemption?
Is an investment fund exempt from tax?
If an entity is tax-deferred, is that a problem?
Is that a way to reduce tax liabilities?
Can an investment group or an individual be taxed at lower rates?
If a tax return is filed with a corporation, what happens if an entity does not pay taxes on income received?
What will happen if the entity is not taxed on the amount received?
Does the entity have to file a separate return?
What do I do if my company’s tax return was filed by a corporation that is tax deferred?
What type of taxes do corporations pay?
Is any entity taxed on its shareholders’ dividends?
Is anyone allowed to sue for the taxes that corporations pay to a state?
Are dividends tax deductible?
Can dividends be deducted from dividends paid to an entity?
Can corporations deduct dividends?
How has tax been paid on dividends received from an entity since it was formed?
If I am a non-resident alien, do I pay income taxes to the IRS?
If you’re a nonresident alien who has not filed your tax returns, do you owe taxes to Uncle Sam?
Is my business taxable?
Do the federal,state,local and/or municipal taxes owed on income earned by an entity that is not an entity are the same as those on income that was earned by that entity?
Do all income earned and all income received by an individual must be reported to the government?
Can entities deduct taxes on their income?
Can they deduct the amount paid to individuals