Take the Standard deduction and the home
Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the ...
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Posted by Renee Thompson on January 20, 2020
Reverse Mortgages
Reverse mortgage loans are like traditional mortgages that permits homeowners to borrow money using their home as collateral while retaining title to ...
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Posted by Renee Thompson on January 13, 2020
Downsizing in 2020
Approximately 52 million or 16% of Americans are age 65 and over. It is easy to understand that some of them are thinking of downsizing ...
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Posted by Renee Thompson on January 6, 2020
Buying a home in 2020? Need another source for a down payment?
Borrowing from a 401k, 403b or the cash value of life insurance policy is a common financial strategy. While taxpayers are not allowed ...
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Posted by Renee Thompson on January 1, 2020