Rant Archives |

Confiscated Property Proceeds

A woman wins her home-seizure case before the Supreme Court. Failing to pay home property taxes for several years can result in the county where you live confiscating the property and selling it at auction. But who is entitled to the excess amount if the sales...

Generative AI

I have been hearing more and more about Generative AI.  So, I watched a webinar to get a better understanding.  One I never received my CPE for the webinar, but even worse I never got a decent definition of Generative AI. So, I went to the internet and found the...

Surprise at passive income

I was wasting some time and had on a section of an Arnold Schwarzenegger biography.  He seemingly moved to the US in 1968 and as soon as possible he was investing in small rental properties. While he lived in a small sparse unit, every dollar he could he keep...

Crypto

As crypto currencies become more unstable, the IRS continues to increase their scrutiny. Virtual currency under the IRS continues to be treated as a stock purchase, but the basis reporting is required to be done by the individual.  We have seen more holding companies...

College Athletes and the IRS

The IRS is addressing the increasingly popular way of paying college athletes. Guess it is never too early to start the “brand”… Since the Supreme Court ruled that college athletes can be compensated for their name, image and likeness, college boosters have started to...

Budget and weight loss similarities

Working with a budget is a bit like trying to lose weight, both require a plan and the ability to maintain that plan in spite of the obstacles. Years ago, I kept my household to a tight budget, both my wife and I were wage slaves and cash was always tight.  It seemed...

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