A Guide to Schedule K-1 (Form 1041)

Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →

The post A Guide to Schedule K-1 (Form 1041) appeared first on SmartAsset Blog.

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Mortgage Rates vs. Fed Announcements

File this one under “no correlation,” despite a flood of news articles claiming the Fed’s rate cut directly impacts mortgage rates. Today, the Fed cut the federal funds rate by half a percentage point to a range of 1-1.25% due to the uncertainty surrounding the coronavirus, this despite a strong U.S. economy. That sent mortgage [&hellip

The post Mortgage Rates vs. Fed Announcements first appeared on The Truth About Mortgage.

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Parking Options When Your Community Doesn’t Have a Parking Lot

If you’re unit doesn’t come with parking, there are options.

The post Parking Options When Your Community Doesn’t Have a Parking Lot appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.

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Online Banking Vs. Traditional Banking – Which Is Better For You?

When deciding between traditional and online banks, it helps to know the pros and cons of each, including price, service, and available options. Find out which type of bank account is best for you.When deciding between traditional and online banks, it helps to know the pros and cons of each, including price, service, and available options. Find out which type of bank account is best for you.

The post Online Banking Vs. Traditional Banking – Which Is Better For You? appeared first on Money Under 30.

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How to Get Approved for Credit in a Financial Downturn

In a recession it’s common for many people to rely on credit cards and loans to balance their finances. It’s the ultimate catch-22 since, during a recession, these financial products can be even harder to qualify for. This holds true, according to historical data from the Federal Reserve Bank of St. Louis. It found that […]

The post How to Get Approved for Credit in a Financial Downturn appeared first on Good Financial Cents®.

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Mortgage Impounds vs. Paying Taxes and Insurance Yourself

If you’ve been researching mortgages, or are in the process of taking out a home loan, you’ve probably come across the term “impounds” or “escrows.” When you hear these seemingly scary words, the loan officer or mortgage broker is referring to an impound account, also known as an escrow account. You may even be told [&hellip

The post Mortgage Impounds vs. Paying Taxes and Insurance Yourself first appeared on The Truth About Mortgage.

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The Pros and Cons of Building vs. Buying as a First-time Homeowner

If you’re torn between buying or building a home, understanding what each option entails will help you make a more informed decision. Here are the pros and cons of each journey.

The post The Pros and Cons of Building vs. Buying as a First-time Homeowner appeared first on Homes.com.

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How Much House Should I Afford?

The internet is a treasure trove when it comes to finding information that can help you buy your first home. Unfortunately, searching for “How much house can I afford?” will mostly lead you to online calculators that use an algorithm to come up with a generic estimate. To come up with a figure, these calculators […]

The post How Much House Should I Afford? appeared first on Good Financial Cents®.

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Marital Debt After Divorce: Who is Responsible?

The average couple has a number of topics to discuss on their to-do list before heading to the altar. The least romantic topics, if they even make the list at all, are probably concerning debt and the possibility of divorce. If you foresee a divorce in your future or are currently going through one, it’s […]

Marital Debt After Divorce: Who is Responsible? is a post from Pocket Your Dollars.

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