The Many Benefits of Using a Bitcoin ATM, Find One in Atlanta

Sep 12, 18 The Many Benefits of Using a Bitcoin ATM, Find One in Atlanta

Posted by in Money and Finance

Bitcoins are more widely used today than even a few short years ago. Many people prefer them over traditional money, but it’s not easy to get them or sell them, even after so many years of hearing the buzzwords. However, a Bitcoin ATM is an excellent way to make the process of buying and selling more accessible and easier. Atlanta residents who have Bitcoins or would like to get into the Bitcoin business may want to learn more about these ATMs to determine if it’s the right move for them. Some Stats Throughout the world, there are approximately 500 Bitcoin machines, which translates to ATM. These machines are developed and designed for buying Bitcoins, and many of them also allow you to sell the Bitcoins as needed. You can also find a variety of alternative terminals and some traditional banking ATMs can also buy/sell the Bitcoins. However, this service is not from the bank, so you may want to check with various banks in your area to determine if they offer this service and how much it costs. Faster Process These ATMs are one of the fastest ways to sell and buy Bitcoins, though it does depend on the type of machine. Some machines work in about 15 seconds. For the machine to work, it must scan the QR code from your Bitcoin address, feed the banknotes into the machine, and then you have to hit Send. The bitcoins are immediately sent when you finish the process. However, if it’s your first time using the machine, it can take longer because you may have to go through verification steps. A Bitcoin ATM allows you to buy and sell your Bitcoins quickly and efficiently. Visit RockItCoin in Atlanta at https://rockitcoin.com to learn more about them and their abilities. Like our facebook page. Be the first to...

read more

Understanding the Role of a Mortgage Broker

Chances are you have heard the term “mortgage broker” in the past. You have likely also heard both positive and negative things about this individual. No matter what you have heard, do you know what the role of a Mortgage Broker in Jacksonville FL is? A mortgage broker acts as a middleman between a homeowner and the mortgage lender. They work directly with the bank and the consumer in order to help the borrower qualify for a mortgage, no matter if it is for a new purchase or a refinance. How the Mortgage Broker Works Once a borrower makes contact with a broker and makes the decision to work with them, the broker will acquire the necessary information. This will include employment documentation, assets, income and their credit report. Each of these things are necessary to determine a borrower’s ability to get the financing they are seeking. After the mortgage broker has gathered all of the important information, they will determine what option is going to work best for the person borrowing money. This can include setting the loan amount, the loan to value amount and determining the right type of loan for the borrower. It is important to note that the borrower will have the ultimate decision making power, the broker is simply there to provide assistance. Once all of the details are determined, the broker will then take the loan to the lender and they will work with them in order to receive approval. During this loan process, the broker will be actively communicating with the borrower, as well as the bank, to ensure that everything goes smoothly. When you use a mortgage broker you will not ever have to deal directly with the bank or other lender. All of the correspondence will be funneled through the broker. Mortgage brokers make their money by charging an origination fee for the loan, and broker fees, typically upfront. There is also the option to acquire a no cost loan, which uses lender credit. This...

read more

The Modifications To The IRS Section 179D Deduction In 2012

On April 23, 2012 the IRS provided a notice via an Internal Revenue Bulletin (2012-17) that made modifications to the existing IRS Section 179D deduction. In 2012 this modification was designed to provide additional options for building owners and taxpayers to use to qualify for the deduction. The History According to the Energy Tax Policy Act of 2005, also more simply known as the EPACT 2005, deductions and requirements for partial deductions in the categories of the buildings known as the building envelope, HVAC system and interior lighting were developed and implemented. This included the requirement of a 50% or more reduction in the three areas as compared to a reference building that had the minimum standards set forth by Standard 90.1-2001. This standard was set by the American Society of Heating, Refrigerating and Air Conditioning Engineers as well as the Illuminating Engineering Society of North America. There were changes made to this in 2008, which allowed a different calculation amount in determining eligibility for a partial deduction and also modifying the partial deduction to 20% for interior lighting and HVAC and 10% for the building envelope. Changes Made in the IRS Section 179D Deduction 2012 The changes made to the IRS Section 179D deduction 2012 provide further calculation changes for taxpayers when applying for a partial deduction. This includes a 25% reduction for interior lighting systems, 15% for HVAC systems including hot water, and 10% for the building envelope. These new standards for application apply only to buildings placed in service after December 31, 2013 and only for partially qualifying properties. Buildings put into service prior to this date but within the scope of the IRS Section 179D Deduction in 2012 or from 2005 onward have the option of using the original energy percentages or the alternate or substitute energy savings previously incorporated into the IRS section 179D. The building owner or taxpayer making the claim for the IRS Section 179D Deduction 2012 cannot apply twice or use a partial deduction for the...

read more