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  1. U

    Tax consequence for selling a property below FMV

    If you sell a property with a FMV of 100K to a friend for a discounted price of 25K, what are the tax implications and problems you could run into with the IRS. For both you and your friend.
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    How is this fair.

    In my STA 131C course here, the prof failed over half the class, 60% of the class got a D or an F, the average on the final was a 30%. How is this fair, doesn't he legally have to curve the class to a B- or C+.
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    Is it wrong to vote republican out of fear of losing ones job.

    I know people who work in the healthcare insurance industry and won't vote democrat because if democrats gain to much power everyone in the industry will be out of a job, since democrats are trying to order them to shut down. Personally I think it is selfish, caring more about your jobs, than...
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    Should the government have power to recall food.

    If a food item is contaminaited it is up to the manufacture to recall it, and the governemnt has no authority to recall food items. If the manufacture doesn't recall it, good luck trying to sue, evidence that they knew the food was tainted is NOT admissible in court, thanks to laws protecting...
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    Cool tetrist game, post your high score.

    How high can you score.
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    How is this legal.

    I have a friend who works at Taco Bell, and they get their pay deducted for things they had no control over. Example: If during a given week they have too many customers who ask to hold something, such as no tomatoes on a product, they get their pay deducted. If they get a customer who...
  7. U

    Christians and Jews: Does the Book of Isaiah have more than 1 author.

    I don't see how it could be by just 1 man, given the events in the later part of the books occurred hundreds of years after his death. He would have to have intricate knowledge of the future to be the author of the whole book. Which doesn?t seem likely to me.
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    When is eminent domain acceptable to you?

    When is eminent domain acceptable to you? Personally I think it is acceptable as long as the government thinks it will benifit most of the citizens. Example: Your business/home located where the city thinks a grocery store would benifit the most people, they should be able to use ED...
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    Google Rocks

    I have a macbook with bootcamp and vista, and thanks to google I can read and write to the NTFS drive while in mac. :) Good job google.
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    Should all utilities be publicly owned and controlled?

    Private utility companies such as PG&E or SoCal Eddison need to make a profit for their shareholder so they have to charge more for energy. Public owned and operated companies don't make a profit, so they can be run more efficiently. I don't see why local governments aren't seizing control of...
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    Which states allow you to make a right turn at a red arrow.

    I am trying to find a list of states that allows you to turn against a red arrow, if you are making a right turn.
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    What kind of church holds service in a movie theatre.

    I would be so embarassed to be a member of that church.
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    Are these considered income?

    Two questions. 1) As a gift your employer gives you a $5,000 watch. Since it is a gift, you don't have to report it as income right. 2) You paint a friends house and he pays you $300 for your trouble. legally are these income. I don't think so, since 1 is a gift, and 2 is an...
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    Stupid apple doesn't let you stop in the middle of installing software.

    Windows lets you hault in the middle of installing system applications. But OSX does not. I was trying to install X11, and mistakenly clicked on the wrong application. I couldn't cancel once the installation began. Wasted 30 minutes. P.S I know it was my fault for clicking on the wrong...
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    Tax Question: Legality of having someone carry part of your income.

    Tax Question: Legality of having someone carry part of your income. Lets say you and someone else are both self employed and you make 160,000 a year, while they only make $50,000, thus they are at a much lower tax bracket than you. How legal is it to claim they worked for you when they...