Tax Q&A: Best filing status for self-employed couples
Q: If my wife and I are both self-employed with separate businesses, would it be more financially advantageous to file jointly or separately? See answer below. via Tax Q&A: Best filing status for self-employed couples.
Tax Savings: Rental Property Depreciation Explained | Fox Business
One reason you might be thinking about investing in rental properties is because you think you’ll save money on federal income taxes. While this may be true, you really need to fully understand how rental properties and taxes work in order to determine whether you will in fact save money from your rental property ownership. […]
Signs You’re Living Beyond Your Means | The Exchange – Yahoo! Finance
Not being able to cover the bare necessities is an obvious red flag. But there are some other tell-tale signs you’re in over your head. via Signs You’re Living Beyond Your Means | The Exchange – Yahoo! Finance.
– Greenstone eyes more commercial development at Kendall Yards
– Greenstone eyes more commercial development at Kendall Yards.
Consider deed-in-lieu before a foreclosure | Inman News
The pros of a deed-in-lieu include unloading your property with little hassle; not having to suffer the embarrassment of having the sheriff hold a foreclosure auction right on your front porch (which is the practice in many parts of the country); and you can reach agreement with your lender in advance as to how much […]
Payroll Tax Cut Expires; How Much More Will You Pay? – Real Time Economics – WSJ
Many Americans celebrating the fact that income tax rates will not go up for most taxpayers miss the fact that payroll taxes will go way up amounting to an additional annual income tax of $1,000 for a typical U.S. family earning $50,000 a year. Payroll Tax Cut Expires; How Much More Will You Pay? – […]
Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives | HousingWire
The mortgage industry can breath a sigh of relief with the final fiscal cliff deal bringing back a popular tax break on mortgage insurance premiums and debt forgiveness for borrowers who go through a short-sale or some other type of debt reduction. Mortgage industry fares well in fiscal cliff deal, debt forgiveness law survives | […]
Fringe 15-year mortgage becomes hot property – MarketWatch
Thanks to low interest rates, many borrowers are opting for the deal that allows them to pay off their mortgages in half as much time as the traditional 30-year mortgage. Fringe 15-year mortgage becomes hot property – MarketWatch.
Rental Sector to Gain the Most from Rebound in Household Formation
For those residential landlords who have successfully weathered the recent economic downturn it appears there will be some blue sky. “With the overwhelming majority of newly forming households over the next few years set to rent rather than own their home, the rental sector will be the disproportionate beneficiary, wrote economist Paul Diggle in the […]
Year-End Checklist for ‘Accidental Landlords’ | Fox Business
Great article on year-end planning for those ‘accidental landlords’. Year-End Checklist for ‘Accidental Landlords’ | Fox Business.