Tag: Personal Finance

Posted on 10/03/2021
Step-Up Basis and How It Can Pertain to Real Estate
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
Real Estate Taxes
General Finance
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Posted on 04/19/2020
What You Should Know About Paying Your Mortgage Off Early
Image by Nattanan Kanchanaprat from Pixabay Owning a home can be an amazing experience. But interest from your mortgage accumulates over time, leaving you to seemingly pay an arm and a leg to finance your home. But while you may think that paying off your mortgage early is a great idea, that isn’t always the case. You May...
Mortgage
Home Loans
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Posted on 12/29/2019
Mortgage Tips You Should Know Before You Buy
If you are thinking of buying a home, you probably have been getting your finances for some time. First-time homebuyers need the right information to avoid making big mistakes when they purchase their homes. The leap into home ownership is a big one, and you’ll want as much information with you along for the ride. Below, you’ll find a...
Mortgage
Personal Finance
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Posted on 07/28/2019
Securing a Mortgage Loan for a Second Property
Most people that obtain a mortgage loan against another property usually plan to buy a second house. This means that they are not ready to sell or move out of their existing place of residence, but they wish to have a second house that they can occupy later, use as a vacation retreat or as an income property....
Mortgage
Second Home
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Posted on 06/23/2019
Common Tax Breaks for Homeowners
Do you ever wonder why so many Americans dream of owning a home? From complete privacy to a nest egg in the future, one lesser-known but vital reason why homeownership is something everyone is longing to achieve is the tax breaks it provides. No one enjoys paying taxes so owning a home set you aside for tax breaks...
Personal Finance
Real Estate Taxes
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Posted on 06/02/2019
Mortgage: Is Bigger Better?
When dealing with mortgages, people erroneously believe that the smaller the mortgage taken out, the better for them. This article will clarify the reasons why even as daunting as it sounds, the larger and more prolonged the loan, the better. People who apply for mortgages are those who want to own a house but don't have sufficient cash...
Personal Finance
Mortgage
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Posted on 03/31/2019
Credit Card Secrets to Know
There are some secrets that you should know to reap several benefits associated with credit cards. Knowing these secrets will put you in a better position to enjoy the benefits of highly competitive lenders. These three ideas will teach you how to make effective use of your bank cards: 1. Get cards with beneficial reward possibilities. Some individuals...
Credit Cards
Bank
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