Tag: Finance

 Looking for ways to get help with bad credit? Many people consider using hardship loans. This article has all the information you need to determine if a hardship loan is the right choice for you or not. Getting yourself out of bad credit can take years, especially when you are only financially able to make the minimum payments on your credit cards and loans. Hardship loans might be a good option to help you get back on track before your credit drops even further. Hardship loans are built for people who need help with basic items like rent, credit card balances, and utility bills. They often come with better terms than regular loans because they have faster funding, deferred payments, and lower interest rates. No matter why

If you have received a 1098 E Form, you might be wondering what it is and why you received it as part of your taxes. This complete guide has all you need to know regarding the form. Tax season can be confusing, especially when you receive many different forms in the mail and you aren’t sure what they are for. Filing taxes on your own for the first time can be difficult. If you’re a student and you received a 1098 E Form, there can be a lot of confusion regarding what to do. The 1098 E Form is used to report how much interest you paid on student loans. It should be sent to you by your loan service company if you paid $600 or more in student loan

 Looking for more information about a 1099-c cancellation of debt notice? This guide has all the most important facts to help you know what to do. Tax season can already be hard enough when you are trying to file all the right forms and make sure you are paying or being paid the right amount. When you get a 1099-c in the mail, you might even become more confused. 1099-C Cancellation of Debt Notice is given out from lenders when you have negotiated a debt cancellation with them. You receive this because the IRS makes you report any debt cancellations as taxable income. You might be confused about why you received this form or what you’re supposed to do with it. We will go over all the

All the information you need for rights offering including how they work and what they are offered by certain investment companies. Even if you are well versed in investment strategies and terms, you might be wondering about a rights offering. They are much different from stocks and bonds. You might be interested in rights offering if you want to take additional shares in a company. Rights offering is similar to trading stocks. You can buy more shares in a company’s stock if you want to but you’re not required to. Sometimes there is an incentive to buy more shares such as discounts. Once you have started to invest in a company, they might offer the option to buy additional shares if this is part of their way

Good ol’ Uncle Sam always wants his fair cut of your cash—even when a loved one dies and generously leaves you some property. Like it or not, inheritances have tax consequences, one of them being capital gains on assets like real estate. Fortunately, there are ways and means to minimize this tax burden legally. Six practical ways to reduce or eliminate capital gains tax on inherited property include: Sell the property immediately Use the property as your primary residence Turn it into a rental Consider a 1031 exchange Disclaim the inheritance Deduct selling expenses from capital gains Although not all of these strategies will appeal to you; they’re highly effective ways to keep more of what you inherit. In this post, we’ll explore each option to help you

Do you have $100k burning a hole in your pocket? Looking for the right investment opportunities to turn that $100k into $1 million? From savings accounts, real estate, and stocks to index funds, retirement accounts, and cryptocurrency, there are numerous ways to multiply your money. A diverse investment portfolio is best, but which methods suit your goals depends on several factors, including your risk tolerance. That said, we’ll walk you through some top options, touching on your investment style, where to invest, how long it’ll take to turn $100,000 into $1 million, and more. How To Turn 100k Into 1 Million Investing $100,000 might give you the leverage you need to achieve millionaire status relatively quickly, but investing that kind of cash can also be a