"FICA SS" deduction on paycheck ? - Posted by Ron

Posted by bhagan on February 26, 2005 at 10:54:53:

complete a sales contract, POA, etc… get the deed register it and then re-fi. With a Subj 2 deal no need to go through a traditional closing. she’ll never see the check

“FICA SS” deduction on paycheck ? - Posted by Ron

Posted by Ron on April 25, 2003 at 17:33:40:

How do you know if your employer is taking too much money out of your pay check for FICA SS?

Re: - Posted by Phil

Posted by Phil on April 28, 2003 at 11:36:12:

The total withholding for FICA and Medicare should be 7.65% of your gross. 6.20% is for social security and is subject to an income cap of 87,000 for 2003. 1.45% is for medicare and is not subject to an income cap. Keep in mind that your employer also pays 7.65% of your taxable wages.

Re: How to get the equity!!! - Posted by rehabber

Posted by rehabber on February 26, 2005 at 17:09:25:

Drive, run, crawl or steal the kid next door’s bike to
get to your Rec of Deeds/Court Clerk’s office on
Monday to file that deed. Then you’re protected.

Why do you want to wait for the closing on your
cash-out loan before recording that deed?

Re: How to get the equity!!! - Posted by John

Posted by John on February 26, 2005 at 16:11:43:

Hold on a minute.
You own a property and you want to do a cash out refiance. Where does the seller come in to this? The previous owner is not involved at all and should not be invited as your guest at your closing. Ther is no need for them to be there.
The only problem is that you may have a seasoning issue by not owning the property long enough. Check this out with the lender.
Why have you failed to record the deed?