So once I refinance with someone else, they take over my loan all together?

D’oh. It was too early for me to be reading correctly

I’d still get a quote before trusting KBB in this market

Young, single guy … seemed reasonable

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Waiving inspections is not a big deal if you have a clue what you’re doing.

Don't talk to them. Any paperwork you get from them just pass on to your insurance company. Any phone calls? Talk to my insurance company. It's what you pay them for. Good luck.

The issue is that I have a pretty high deductible. I can certainly afford to pay that deductible, but wouldn't I then be out that cash until my insurance company gets paid by the other company?

I would go through your insurance company. If your insurance pays for the new bumper, your insurance gets payed back by the other guys insurance. I imagine they will be much more likely to put effort into getting their money back than getting money for you.

I don’t see how you would get reimbursed going forward if your car is already paid for and it wasn’t your cash.

There's nothing different about the taxes. Taxes are taxes. If you earn interest or dividends by putting this cash into anything, you'll pay taxes on that income.

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In NYC it’s illegal for a LL to ask for more than one month up front. Showing you have the cash in the bank should serve to make u more attractive.

My grandmother used to do housekeeping jobs "under the table" and at some point she thankfully realized that she wouldn't be getting any social security that way. So that got her to take a legitimate job!

My dad keeps telling me one of his brothers is suffering the consequences because he too wasn't always doing reported labor either. They're all in their 70s now and a couple of them are disabled from years of hard work. One has their comfortable retirement checks and the other one does not due to their work not being recorded and social security not being paid.

This is such a real issue that nobody thinks about until they're 70+ and still working their asses off because they seriously cannot retire,t here's no funds there to do so!

At least your spouses grandmother realized that she was to blame for that and thought about maybe fixing it. It would have been so much easier and less of a stress on everyone if they had just been able to do it all right from the start :( Lots of those employers have no sympathy for the person in the end, since it's a "I paid you for all the work you did, should have saved better, I guess!" D: D: D:

Unless the LLC is elected as C corp, its net profit passes down into your personal income.

I have worked in construction, I know what i'm getting into.

I cannot contact the appraiser directly, it's a conflict of interest, since my bank is his client is what I was told. All I get is the appraisal. https://imgur.com/zBapf3F

I have a copy of the appraisal and that image shows the only "Issues" with the home, which I cannot find anything from the FNMA or any minimum conventional loans requirements that list such minor deficiencies as reasons to be disqualifications for financing.

Don’t risk ruining somebody else’s credit unless you’re positive you can pay it

OP says it’s a housekeeper. Based on your link, it sounds like a housekeeper who brings their own cleaning supplies and just gets down to business would be an independent contractor.

Wrong. See the link above from the IRS.

Ask the appraiser. What instructions did the appraiser get? Appraiser determines the likely value of the home. Ask the appraiser if he has any expertise in home inspections.

I would NEVER waive the inspections. You are taking a huge risk.

It passes through and it’s all added together

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I didn't realize I could do that. Not sure I'd trust them to do anything in a timely manner, but maybe I'll take that approach going forward on this

Never talk to their insurance company. Just tell them politely to call your insurance company and hang up. Let your insurance company handle everything. That's what you pay them for. It might end up being covered by your uninsured/underinsured policy. Then your company will go after the driver.

I just called my insurance company and they don't seem too concerned. They said I can go through them for it if I want to, then get reimbursed by the other person's insurance company, but since it's not urgent, I'm waiting for them. I don't trust anyone to reimburse me

Gains minus fee. Compare result to gains in index fund.

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