Wedding-related Tax Benefits Eva Rosenberg, EA When you’re one of the responsible financial parties involved in making wedding plans, you’re looking at a hefty price tag—possibly in the $20,000 – $60,000 range. Why? I haven’t a clue! I managed to have a kosher wedding with 150 guests for only $1,500. OK, so it was back [...]
Solving the Debt Crisis with Ilyce Glink on the Erick Erickson Show August 1, 2011: It's a big day for business news, starting with the pending Congressional vote on a plan to resolve the debt ceiling debate and arrive at a deficit reduction compromise. Will productive steps be taken toward solving the debt crisis? Eric [...]
When Weather Affects the Economy on the Ilyce Glink Show July 31, 2011: This week we rebroadcasted a favorite show from July 17, 2011. This summer has witnessed its fair share of extreme storms where I live in the Midwest, as well as around the country, so that prompted a discussion about what happens when [...]
Q: Does doing a 1031 exchange inside an LLC come with any additional headaches? A: A 1031 exchange is term used to describe the sale and purchase of real estate that defers the payment of any federal income taxes. If you own investment real estate, the federal government allows you to sell that property and [...]
In its latest report, RealtyTrac announced that foreclosure activity fell in 84 percent of metro areas with at least 200,000 residents on a year-over-year basis. That’s the good news. The real question is how long will it last? According to the company’s mid-year report, California, Nevada and Arizona cities accounted for all top 10 metro [...]
Q: I am hoping that you can help!!! We have contacted so many people and everyone tells us the same thing. My wife and I make too much money for them to help us. There are so many issues and factors that the end of the rope is coming closer and closer and we don't [...]
Q: I’ve been hearing that there are new resources for people who are unemployed to help save their homes. I’ve been out of work for 9 months, and while I have been looking hard to find a job, I haven’t found anything yet that comes close to what I was earning before. In the meantime, [...]
Help Is on the Horizon for Unemployed Homeowners By Ilyce Glink Despite government efforts to stimulate the economy, many homeowners are facing the one-two punch of unemployment and looming mortgage payments. As of the beginning of July 2011, the official unemployment rate still hovered around 9.2 percent (with the U-6, the most complete measure of [...]
Housing Price Predictions: When Will Prices Rise? Steve Cook, Real Estate Economy Watch In 2006, the experts said housing prices would never fall. They were wrong. In 2009, they said prices had bottomed out and things would be getting better. They were wrong again. Now, they say that the recovery will finally come in 2012. [...]
Health Insurance for the Self-employed By Jeff Rose, CFP Finding quality health insurance at an affordable price is a difficult task for everyone. For those who are self-employed, it can be almost impossible. Many individuals turn down the opportunity to start a small business or become an independent professional due to the prohibitive costs of [...]
