What most folks don't understand about credit these days is that almost no one is turned down. Although your credit score may not be the highest, it may be good enough to get a line of credit or a home equity loan at a fairly decent rate. If you can refinance your mortgage and take out some of the equity that you have, you may be able to do some of the repairs and improvements you need to do to continue living there.
I had lunch today with Kay Kamin, the Financial Editor for Today's Chicago Woman (an excellent monthly tabloid newspaper - www.tcwmag.com). She is als...
A new survey from Financial Freedom, the nation's largest reverse mortgage lender, takes a look at the financial, social, and quality of life attitude...
Here's what I learned at the 2006 Housewares Show, at McCormick Place in Chicago: Pastels and retro are in; ceramic knives and peelers are all the rag...
When you file your income taxes and are eligible for a tax refund you can receive the money in a number of ways. One way to get your income tax refund is to have the money direct deposited into a bank account. Another way to receive your tax refund is to get a stored value card from a tax preparer such as H&R Block. Is a stored value card a good way to get your income tax refund?
I just spent the last 7 hours walking maybe 5 to 6 miles at the 2006 Housewares Show. Great gadgets to share with you. I'll start blogging about them ...
I'm on my way to the Housewares Show today. It's supposed to be bigger than ever this year -- with 100,000s of square feet of new products, tens of th...
Quicken Rental Property Manager has an easy-to-use interface for landlords to use that is reminiscent of Quicken, the money management software created by Intuit. The software allows the landlord to enter information about each tenant and his or her lease, how much the rent is, and if you have charged late fees or interest, to help them manage rental property. When landlord receives rent checks from tenants of the rental property, the software tracks who paid what and when.
A new IRS ruling describes how much gain you can exclude in certain circumstances, including death of a spouse, accepting a new job in another location, divorce and medical issues. A homeowner who bought a house, upgraded it, then had to sell because of a medical condition, should be able to exclude at least part of the taxes.
So, you have a huge tax bill from a real estate sale and your father has a large tax credit from capital losses. Can you make a tax deal with the real estate and avoid the scrutiny of the IRS? Normally, one individual cannot use the capital loss of another for a tax credit, and there may be legal and ethical implications of this deal.
