David Saks' Blog

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David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2014 

Two Tax Preparers Sentenced in Stolen Identity Tax Refund Fraud Scheme and for Other Types of Tax Fraud U.S. Attorney’s Office April 11, 2014 Southern District of Florida (313) 226-9100 Wifredo A. Ferrer, United States Attorney for the Southern District of Florida; George L. Piro, Special Agent ...
04/16/2014
Florida Woman Sentenced to 27 Months in Prison for Role in Real Estate Investment Scheme U.S. Attorney’s Office April 11, 2014 District of Connecticut (203) 821-3700 Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that Loretta Seneca, 51, of Boynton Beach, Flor...
04/16/2014
Defendants Sentenced in Massive Stolen Identity Refund Fraud Scheme U.S. Attorney’s Office April 14, 2014 Northern District of Texas (214) 659-8600 DALLAS—Two defendants who were convicted on felony offenses related to their roles in a scheme to use stolen identity information to fraudulently ob...
04/16/2014
   #2660 When we consider the distance between the east and west boundary lines of any township the distance between the boundary lines is six miles. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. True Every township measures six miles by six mi...
04/14/2014
  #2659 When we speak of a township, a township contains 36 sections that are numbered 1 through 36. In each instance, the last township will be located in the northeast corner. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Section 36 is always ...
04/14/2014
   #2658 The most important thing one should consider when trying to determine whether or not an iten is a fixture of personal property is how the item is being used in relation to the property. Is this true of false ? Take your time. The solution is posted below the wildlife photo. A. False The ...
04/14/2014
   #2657 Nearly every real estate brokerage has an obligation to pay for a salesperson's cell phone bill, continuing education and gasoline. Is this true or false ? Take your time on this really tough question. The solution is below the wildlife photo. A. Er...uhhh...false ..... Duh....???? Some ...
04/14/2014
   #2656 When a salesperson has to pay a desk fee the desk fee is used to pay for meals and never used to pay for the office facilities or as a substitute for the agent's commission. True or false ? Take your time. The solution is posted below the wildlife photo. A. False Office fees are usually ...
04/14/2014
  #2655 When a real estate agent considers himself an employee or an independent contractor the consideration will have an impact on whether or not the broker will have to pay social security or income taxes. Take your time. The solution is posted below the wildlife photo. Is this true or false ?...
04/14/2014
  #2654 If a salesperson works for any brokerage as an independant contactor the salesperson must be paid a regular salary by the brokerage, and needs no supervision by the principal broker. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False The sale...
04/14/2014
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David Saks

Broker / Industry Analyst
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