Tag: Personal Finance

What Is Step-Up Basis?
Posted on 02/02/2020
What Is Step-Up Basis?
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...
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How to Finance a Home Purchase with Bad Credit
Posted on 10/06/2019
How to Finance a Home Purchase with Bad Credit
Are you planning to finance a home purchase with bad credit? You are not alone. This article is designed to give you the steps involved to buy a home with less than stellar credit. You are aware of the fact that any kind of financing can be quite tricky with lousy credit. So whether you are rebuilding your...
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