4 things real estate investors should know at tax time. Insights from a principal federal tax analyst on potential tax breaks for real estate investors. Real estate investors often have a lot of questions once tax time rolls around — especially if they're new to the game. That's because while there are a number of [...]
Q: I am a 55 and own a house in Chicago. I decided to change my career and to pursue a PhD beginning in the fall of 2018. Meanwhile, I just accepted a 1-year position in Seattle, and am not sure after my year away whether I will return to Chicago, stay in Seattle, or potentially [...]
"Good afternoon. Today, the Federal Open Market Committee decided to raise the target range for the federal funds rate by 1/4 percentage point, bringing it to 3/4 to 1 percent. Our decision to make another gradual reduction in the amount of policy accommodation reflects the economy’s continued progress toward the employment and price stability objectives [...]
Q: How do I find the best real estate agent? And, how do I choose which real estate agent to use? I'm learning a lot going through the process of "properly" selling my house. I interviewed five real estate agents the Saturday before last, and I was amazed by the range of differences in their [...]
Finding the right apartment to rent is tough enough. Renting an apartment on a budget is even tougher. Between the application fees, moving fees and stress of finding the right apartment (in the right neighborhood and at the right price), the best thing you can do is carefully figure out how much you can afford [...]
If you own a home, you're probably thinking about the top tax benefits of homeownership. But you may not know how your single biggest asset (your home) can help you save on your tax bill. You probably already know that your biggest asset could also help you save on your taxes. It's the "how" that's [...]
How clean should you leave your house when selling? That's what this new homeowner wants to know after the sellers left a mess for her at move-in. Q: I want to know how clean should a seller leave a house after the closing? My husband and I recently took possession of our new home this past [...]
If you're thinking about buying a house in 2017, you might be a Millennial. According to the National Association of Realtors 2017 Home Buyer and Seller Generational Trends Survey, Millennials have begun buying homes. It helps to know who falls into which generation: The eldest Americans are part of the so-called Silent Generation (born 1925 [...]
Need a credit card fast? If you choose that credit card wisely, it can reduce financial stress caused later by soaring APRs and a multitude of late fees. And remember: While credit cards and credit card debt can be a huge source of financial stress, particularly if you build up a significant balance, they can [...]
Studies have shown time and time again that money stress is bad for marriages and can sometimes even lead to divorce. Last month, in honor of Valentine's Day, Reuters Money got a bunch of financial experts together for a Love and Money Twitter chat aimed at helping couples work through their dollar-based differences and keep their [...]
