Discussion / answer 2 questions and comment on 2 students / about 300

Question 1:

What types of fees and conditions are prohibited under RESPA?

Student 1:

Fees –  RESPA prohibits any person from giving or accepting any fee, kickback, or thing of value pursuant to any agreement or understanding that business incidental to or part of a real estate settlement service. In addition, RESPA prohibits fee splitting and receiving unearned fees for services not actually performed. Violations of Section 8’s anti-kickback, referral fees and unearned fees provisions of RESPA are subject to criminal and civil penalties. 

Over-Leverage: With the prevailing market scenario of increasing interest rates, a buyer must not take much debt for buying out the distressed asset. It is important to understand the existing debt against the asset, which the buyer will need to take on post the purchase of the property. This debt should ideally be bifurcated into short-term and long-term debt, with a holistic understanding of any security that may be backing the debt.

Future growth perspective: Attractive valuations is the main draw of a distressed asset acquisition. However, a clear development plan or utilization of the asset with a vision on the eventual monetization of the asset would make the deal worthwhile. The asset must intrinsically have the potential to grow and yield returns for the buyer.

Question 2:

Exploring The Web

Please visit   Kiplinger’s at http://www.kiplinger.com/ (Links to an external site.). Explore the site and locate an article that interest you and share it with the class (please include the link to the article).

Student 2:

An article that I found interesting would be “Now’s the Time for Estate Tax Planning”. I tried to search about real estate related news or articles but with no luck on this website. It said” Site Error, It appears there is an error with the site. Apologies! Our team has been notified. Please reload and try again.” So, I found this article alternatively since real estate related ones can not be located.

The reason I found this interesting is that it has some real world links with my past experiences. I am the type of college students who care much more about real world applications over concepts and grades. It does not mean the latter two are not important but because real world applications are 10 times more important. One type of estate or gift form would be form 3520 that I filed before. The applications of real world experiences with the online articles make more impressions for me to strength the memory. I believe different types of gifts will be filing different types of forms. When I google for gift tax form, it all suggests form 709 instead of the one I prepared form 3520. I further googled it and it seemed like form 3520 is for some foreign related gift only. Articles in the class are always more helpful to me that can enhance some past or future work experiences than simply knowing the concept. Prior to studying the class, I did both tax returns with real estate rental and real estate gain and losses. I also participated in real biddings and closing of the property. It always seem to me that it does not matter how much concepts you learn, going to a real world transaction is when the learning really strengthens. Therefore, I tend to look for articles that have such connections and build my real life experiences further.

Sources:

https://www.kiplinger.com/retirement/601406/nows-the-time-for-estate-tax-planning

Premium Custom Essays
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.