RALEIGH — The powers-that-be at the University of North Carolina at Chapel Hill say they are carefully investigating the unfolding scandal enveloping the school’s football program. Why? What else does anyone need to know? Just the basic facts paint a ...Read More »
Stepped-up tax basis doesn’t exist in 2010
DEAR BENNY: Your recent article about the man who wanted to gift his house to a friend raised a question in my mind. Suppose the house received a stepped-up basis after the man’s wife died. If he then gifts the ...Read More »
Is your approach to the sale the old or new way?
The time for systems of selling has passed. The time for sales manipulation has passed. The time for “finding the pain” has passed. The time for “closing the sale” has way passed. I wonder if you’re using yesterday’s approaches to ...Read More »
To sell or not to sell kidneys
Dear Mr. Berko: My wife and I together were making $88,000 to $110,000 per year between 1996 and 2007 and were able to save almost $50,000 during that time, even with two kids. So in late 2006, we bought a ...Read More »
The silly, sleazy season
RALEIGH — In political circles, the time of year is known as silly season. It’s hard to imagine it getting any sillier. Angry candidates, smarting over incendiary ads, threaten lawsuits. They run from past words about this issue or that, ...Read More »
Avoid real estate junk fees at closing
DEAR BENNY: You often advise homebuyers to refuse to pay junk fees at settlement. But how is it done? We are about to close on a refinance. We have done this once before about eight years ago. We have an ...Read More »
Why can’t you get more referrals?
The definition of “referral” will surprise you and at the same time make you understand why you don’t get as many as you expect or ask for. The definition of referral is “risk.” Do you ask for referrals? Do you ...Read More »
The truth about the recession being ‘over’
Dear Mr. Berko: I continue to read in the local paper and on TV that revenues and profits for many companies are increasing by 10 percent or more, and then the stock market jumps 200 points or more. A 10 ...Read More »