reitsbyziggy’s Activity

Wed Mar 23

NL

Boards Post

reitsbyziggy replied to the Tax Strategies board. 9:50 AM

Re: 1099-C Debt Forgiveness

Thanks for the response Peter. If she wouldn't have rented the prior residence out, just left the area and abandoned it for 6 years would it still be considered her personal residence for debt forgiveness purposes? She has lived with parents and [more]

Tue Mar 22

NL

Boards Post

reitsbyziggy posted to the Tax Strategies board. 10:26 AM

1099-C Debt Forgiveness

My girlfriend lost her house through foreclosure in 2015 and received a 1099-C. She has owned the house for approximately 10 years. She lost her job and lived in it for the first 4 of those years. She rented it for the next 3 years and of course [more]

Tue Feb 16

NL

Boards Post

reitsbyziggy replied to the Bonds & Fixed Income Investments board. 8:34 PM

Re: Secured vs Unsecured Debt in Bankruptcy

Thanks for the response. I hold some closed end high yield bond funds. There have been energy companies offering to swap longer term secured debt at large discounts from par for another issue of their unsecured debt. Given that bankruptcy proceeding [more]

Wed Feb 10

NL

Boards Post

reitsbyziggy posted to the Bonds & Fixed Income Investments board. 4:49 PM

Secured vs Unsecured Debt in Bankruptcy

Theoretically in a bankruptcy the distribution order should be:

1. Secured debt-to the extent of collateral
2. Unsecured debt
3. Preferred Stock
4. Common Stock

However practically I have seen where common stock holders [more]

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Boards Stats & Trivia

Two stars, 250 posts
Board Posts 256
Recs Received 320
People who have rec'd these posts 97
Recs to Posts Ratio (last 30 days) N/A
Threads Started 90
Threads Started Percentage 35.16 %
Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post Long Term Property Values (2/13/2000)
Percentage of Posts Rec'd 43.36 %
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