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Does current mortgage affect pre-approval?

Tell the lender the amount of your down payment for the new purchase. This amount, along with the documentation on your current mortgage, helps the lender...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can you buy out an easement?

You can expressly terminate an easement just like you can expressly create one. The dominant owner can release the easement by deed, thereby extinguishing...

Who is the owner of a business LLC?

In some LLCs, the business is operated, or “managed” by its members. In other LLCs, there are at least some members who are not actively involved in runni...

How do you record rent paid journal entry?

The initial journal entry for prepaid rent is a debit to prepaid rent and a credit to cash. These are both asset accounts and do not increase or decrease ...

Can you claim workers comp if self-employed?

In California, most employers must carry workers’ compensation insurance for every single person they employ, even if it’s a small employer of only one or...

How do you calculate lost contribution margin?

Lost Contribution Breakdown Take the previous description of investment Decision B and its $150,000 lost contribution margin. You could break this down to...

What is a RenoFi loan?

You can estimate your after renovation value by using the current value of your home, plus the added value of your planned renovations. Homeowners can bor...

How do I find stock shares?

How to Locate Lost Shares of Stock Home Search. Search your paper files at home. Broker Contact. Contact your broker to ensure the stock is not being held...

Does an S Corp offer liability protection?

Asset protection One major advantage of an S corporation is that it provides owners limited liability protection, regardless of its tax status. Limited li...

Do you get paid to be a police volunteer?

City Volunteer Police Officers are rewarded for their time and energy, not through pay, but from the experiences that would normally never be encountered ...