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Most Recent Posts

Kent Hovind To Be Free In August – Maybe Sooner

Kent Hovind To Be Free In August – Maybe Sooner

There is just a bit of murkiness about who managed the excellent legal work that won Kent’s acquittal.  The way Kent’s legal defense funds were channeled changed a few times, with the last stop being the United States Justice Foundation, which according to Ernie for unknown reasons has backed away from the case.  Nonetheless, the attorneys hired by them continued assisting Kent’s federal public defender Thomas Keith.  I have reached out to those attorneys, but have not heard back.  At the hearing Monday Keith apparently apologized for not making the motion sooner.

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Tax Girl Challenges Homeownership And You Should Really Listen To Her

As far as my personal view on the ownership issue goes, I have to say that if you are mobile, homeownership is extremely risky but if you are confident that you will stay in the same area for a long time, it is probably a prudent move, although my post-marital experience with condominiums has me a little skeptical whether they are all they are cracked up to be.

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Free Kent Hovind Movement Has Big Win

Free Kent Hovind Movement Has Big Win

The question though is whether Hovind’s conduct –particularly, the filing of the lis pendens–was clearly prohibited by the Forfeiture Order. The Forfeiture Order does not specifically prohibit Hovind from filing lis pendens against the forfeited properties; indeed, the Order does not prohibit any conduct at all. Instead, it simply forfeited the real property in partial substitution for the money forfeiture judgment.The Government has not cited any authority for the proposition that Hovind can be guilty of contempt for interfering with or evading an Order that did not speak directly to his conduct. Thus, the guilty verdict on Count Three cannot stand,

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Kent Hovind Remains In Custody – Judge Would Have Ruled Against Motion To Dismiss

People who have been following the Kent Hovind trial were taken by surprise this weekend as the federal government moved to drop, without prejudice, the remaining charges against Hovind and Hansen (In March they were convicted on charges of contempt of court, but the jury did not reach a verdict on more serious fraud and conspiracy charges.  Jury selection for retrial on those charges was scheduled to begin this morning.)

More or less at the eleventh hour, the United States Justice Foundation assisted Hovind’s attorney Thomas Keith and Hansen, who is pro se on this round, in submitting a motion to have the charges dropped.  The United States requested a continuance to respond to the motion.  Judge Rodgers indicated that she was not inclined to grant a continuance and scheduled oral arguments on the motions this morning with jury selection to follow, if the motions were not allowed.  Then came the big surprise. The United States moved to dismiss the remaining charges without prejudice.  (Meaning, as I understand it, that the charges can be refiled).

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Entrepreneurial Cardiologist Denied Real Estate Pro Status By Tax Court

Entrepreneurial Cardiologist Denied Real Estate Pro Status By Tax Court

One of my mentors in public accountant once gave me some advice about the lease or buy issue.  It is dated, because back in the day there was an investment credit.  He said he once went through the analysis in depth considering all the factors.  After that whenever a client called him to ask about a lease buy decision, he would tell him to buy and charge him a hundred dollars.  (Back in the day a hundred dollars, was , you know, a hundred dollars.) When you lease you get to deduct whatever you pay throughout the term of the lease.  When you buy you take depreciation deductions over the life of the property and deduct the interest payments as they occur.  You don’t deduct the principal payments (Although you do in a sense, because of your depreciation deductions).  It ends up being about timing.

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Kent Hovind In Pensacola – Looks Like No Trial On Monday

Kent Hovind In Pensacola – Looks Like No Trial On Monday

The current charges relate back to his 2006 conviction.  Besides his ten year sentence, over $400,000 in structured funds were forfeited.  Kent having no cash, property of Creation Science Evangelism, which was deemed an alter ego of Kent Hovind, was seized.  Kent believes that his conviction will be reversed and on the advice of his real estate genius cellmate he filed a “Bivens claim” against prison officials who interfered with an appeal of his conviction.  As a follow on to that he filed a “lis pendens” on some of the seized properties to warn buyers that the United States’s title to the property was in dispute.  That is the basis of his contempt of court charge, on which he was convicted in March, and the fraud and conspiracy charges.

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