Archive for August, 2009

What Kind Of Career Is It When You Design Things Like Home Decor?

Monday, August 31st, 2009

Like, for instance, the designers of items at Ikea. The people who design the furniture, decorations, etc… what are those people called? How do you get into that type of career?

My Parents Are Taking Out A Home Equity Loan To Lend Me Money To Start A Business, Does Anyone Get Taxed?

Sunday, August 30th, 2009

I’m looking to open a shop and my parents offered to lend me some money to help out. They are taking out a home equity loan to lend me about $35,000 to $55,000. I agreed to pay them back. Because they are taking out a loan do they have to pay any taxes? Do I have to pay taxes on this money?
I don’t have any assets so I wouldn’t be able to get a loan for the amounts of money I posted.