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blackratsnake
Buying house from parents below market value (using cash)?
Does anyone know the best way to do this? The example would be my parents selling their condo they own to me for half the market value. Let's say the condo is worth 60k, and they would like to sell it to me for 30k and I would pay the 30k in cash. What are the tax implications on this purchase? Do we need to go thru a real estate lawyer to do this? I'm looking for the basic steps here on how to go about doing this. The condo is in Florida.
2 AnswersRenting & Real Estate1 decade agoIs this a safe solar / battery set up for my bedroom?
I have 35 watts from combined solar panels in my bedroom window. This goes into a charge controller (10 amp max) then connected to a 12 volt 40 AH AGM battery. I have a 400 watt inverter on top of that. I figure this is relatively safe considering they sell all-in-one units like this, I just wanted to put my own together.
I did mess up once while connecting the battery to the inverter, touched the red and black cables together momentarily and drew a nice looking spark, oops. Aside from that though, is there an obvious hazard I'm missing? Any opinions? I've had this setup for 3 years (just upgraded from a 32.5 AH battery to a 40 AH recently).
2 AnswersEngineering1 decade agowhat happens if you connect a 12 volt battery to itself?
I know you can connect steel wool to a 9 volt battery to form a circuit and the steel wool will light because its capacity can't handle the current flow and generates heat. So if you connect the red and black terminals of a 12 volt battery together, what happens? Do electrons flow through it as a closed ciruit even without a load?
3 AnswersPhysics1 decade agoquestion about exercising a put option (borrowed shares)?
Let's say you bought a put option and decide to exercise it at some point. Since you are in theory selling shares of stocks you borrowed (from the broker I assume???) is there a chance that those shares will not be available to be sold when you go to exercise it? Or will your put always be executed?
2 AnswersInvesting1 decade agohow many watts (wattage) does this two speed fan produce on each setting?
ok the fan is rated at 12 volts and 400 mA so that gives me roughly 5 watts (12 * .4) of power - BUT - it has two settings, high and low. How do I know if the ratings are for the high or low setting? Is it normal to rate the power at the highest setting and assume the lower setting draws less power?
4 AnswersPhysics1 decade agoHow would you classify Peter Gabriel's style of music?
pop, alternative, folk, maybe somthing else?
10 AnswersMusic1 decade agoplease someone tell me which are the best online music sites?
I'm looking for sites that offer reasonably priced songs in an mp3 format with at least 192 kbs quality, help!
1 AnswerMusic1 decade agoWho's watching South Park tonight?
Did you get that Buck Rogers reference?...old school.
4 AnswersTelevision1 decade agoI just hit level 4, who's higher than me?
is it a pain in the butt to get to level 5?
5 AnswersYahoo Answers1 decade agoWhat musical scale is made up of only b flat and d flat?
Those would be my only flats. It's not B flat major as someone mentioned (that would be b flat and e flat) It doesn't seem to fit any standard key. Could it be some type of diminished/seventh key of D minor?
3 AnswersMusic1 decade agoWhat musical scale would be made up of b flat and d flat?
I keep thinking it's some kind of D minor variation but I'm not sure.
4 AnswersMusic1 decade agoIn football, do you have to place the ball back exactly 7 yards when attempting a field goal?
If not, why not hike it 8 or 9 yards if it tends to get blocked? What's the real rule?
7 AnswersFootball (American)1 decade agoWhat is the best brand for a 5.8 GHz cordless phone?
Panasonic, Uniden, V-tech ???
5 AnswersOther - Electronics1 decade agowhat's your favorite thing to order at Long John Silver's?
Mine would be:
- batter dipped fish with rice and corn
- wisconsin cheese curds (they sell them in my area)
10 AnswersOther - Food & Drink1 decade agoafter getting ear pierced, do you twist it often or not?
I ask because mine is taking forever to heal, and when I leave it alone (no twisting) it feels real good, but when I twist it, it's like taking a step back in the healing process. I don't want it to fuse to my ear, what's the best method?
7 AnswersOther - Health1 decade agoWho's got the best Halloween costume this year?
anything really unique?
4 AnswersHalloween1 decade agoif you get an email saying you lost 10 points?
does that mean you got reported?
1 AnswerYahoo Answers1 decade agoI made it to level 3, anyone higher than that?
10 AnswersYahoo Answers1 decade ago