capital gains
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Are Pledge Signers Traitors?
Asked by A.J. from Williamsport
on November 21, 2011
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I've been studying up on some tax history lately (tracking back to before the Republicans were completely anti-tax such as Reagan era when lots of taxes were raised wh...
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- Yes, I beleive anyone who signs a pledge like that, even if it has nothing to do with taxes but another subject is dangerous for our country. It's short sighted and si...
- I'm so tired of this tax the wealthy debate. Or even tax the wealthy corporate moguls debate. If everyone is sooooo big on making the wealthy accountable for those...
- If the mega wealth should be paying more, why not the poor who pay nothing? I mean if we want to be equitable about it then lets put it ALL on the table. I keep hear...
Tax Withholding And/or Self-employment Taxes, Restricted Stock Units from Work
Asked by M.S. from Dallas
on April 27, 2012
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I've gotten an equity award from my company; 65 stock units that vest after a year, currently worth $2500. DH says that it's not worth the additional tax headaches it...
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- I'd be worried about not accepting your stock bonus award, if that's really what your husband is thinking here. It might make you look bad to your company and make th...
- It sounds like a stock bonus? In that case the value of the shares is considered income and it sounds like your payroll department will be applying withholding. I am...
- It looks like you got shares at today's price that you will be able to claim yours in a few years. Nothing to worry about :) When the time comes you will become an o...
Looking for Financial/budget Advisor
Asked by A. from Kansas City
on September 12, 2007
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Can anyone recommend someone to take a look at our budget and advise us on if we are being smart with our money or not. We are considering selling our house and movin...
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- Good morning, I've had great experience with my financial advisor, Mark Squires. His fees are reasonable, and will meet with you at your convienience. His cell ...
- A., I am not a professional finance advisor but I can answered your question. The laws said you have to live in your house for at least 2 years and when you sell it, ...
- Have you tried taking 'Financial Peace University'? It's from Dave Ramsey. It really helped my husband and I sort ourselves financially so that we can live within our ...
Any Realtors on Site? Do I Have to Wait 5 Yrs. to Move?
Asked by V.S. from Philadelphia
on October 31, 2011
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We moved to a new area a year ago. It was a tough time to find a house and our budget was very limited. I like our house, however, I hate where we live - very lonely...
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- I doubt that there is an actual rule of thumb for when to sell a house. There are too many variables with length of owning just one. Whether or not you make money on...
- I think that any 'rule of thumb' is out the window in the current housing market. You'll have to just get an appraisal from a realtor and see what they say. As other...
- You would have to decide that on what your owe and how much you can sell your house for. Don;t forget to add in the expenses for selling your house. We have sold hom...
$39,000 Alligator Handbag
Asked by R.M. from San Francisco
on October 9, 2011
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Apparently Mary Kate and Ashley have come up with a $39,000 alligator handbag. This handbag is "flying off the shelves" according to the news report.
Who could po...
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- I don't usually even comment on this because it just makes me mad or I try to accept the fact. I have worked my butt off for the past twenty years in medical sales and...
- Holy Snykees! I would have to take out a loan for that. I could find something else to spend that kind of money on although i guess if you have a lot of extra money ...
- I don't understand how the rich could possibly be paying a lower percent of tax than the rest of us. I hear that a lot but it seems like a lie. Some people will live...
Arcadia (Or Other Close by ) Neighborhood Questions
Asked by D.W. from Phoenix
on May 21, 2008
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Hi moms!
My family is moving and we have been looking at Arcadia b/c of the reputation for good schools and a family atmosphere. My husband works a Camelback and Sco...
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- HI D., My husband grew up in Arcadia and has sold real estate here in the valley for 30 years. He can probably give you lots of info if you'd like to give him a cal...
- Hi D., We had moved to Arcardia right about the area you are talking about, 50th street and Indian School. We loved our house the yard everything, unfortunately we ...
- Hi D.! I live at 47th Place in between Earl and Thomas. My husband and I have a little 2 year old and we love it! She loves to play in the front yard and back yard. Yo...
Tax Question About Selling a House
Asked by A.S. from Louisville
on February 15, 2011
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We sold our house last year and now that it is tax time I am not sure what I need to do as far as taxes go. I have always done my taxes myself online and I am not goi...
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- the information should be on the papers from selling the house. i believe that the amount is the 'profit' after paying off the mortgage. You claim that as income. ...
- There are three places you should look for tax related information related to the house: when you sold the house there should have been a closing statement provided b...
- You can always call IRS and ask what form fo file.
Transferring Home into Our Names
Asked by M.W. from Chicago
on August 6, 2008
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We moved into our townhouse 6 years ago. Unfortunately we had both made mistakes when we were young and we unable to put the townhouse in our names. My husband's grand...
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- The quit claim form might not work...if the home is still mortgaged, you would have to go through the mortgage company to see if you qualify to have your name on that ...
- Talk to the bank who is holding the mortgage. I'm not sure how easy it is to put the home in your name if your name isn't recognized on the mortgage. Things to consi...
- Definitely check with the county recorder and the mortgage company. However, a name can be on the deed with out being on the mortgage so you might luck out there. Al...
Advice Needed for Dividing Value of Property While I Am Living
Asked by J.M. from Springfield
on April 23, 2008
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How can I plan ahead ? I want to treat my two children equally My 35 yr old daughter and family want me to plan to live with them in a few years. I will probably help...
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- Hi J. - It sounds like you need the advice of an estate attorney. There are many options for you, a trust among them. Let me tell you this though - there will be no ...
- I would definitely get advice from a lawyer, perhaps someone who specializes in financial planning. This plan should not only leave you in a good situation for retire...
- Not easy decisions. I suggest you speak to a financial consultant. I am sure they can give you many choices.
Should I Buy a House?
Asked by S.S. from Los Angeles
on February 25, 2011
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I'm currently paying around $1400 in rent a month and just realized I could take out a mortgage and pay that in monthly mortgage payments instead. The problem is that...
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- although there are definitely bargains out there right now, I'd be VERY conservative as to your monthly payment. I do feel it's better to buid equity in a home as opp...
- If you buy a house and are paying 1400 in rent. You wouldn't want your mortgage payment with tax and escrows to be over 1000 because you have to be the one to pay for ...
- Is there a cahnce you would want or need to move any time in the next 3 or 4 years? If the answer is a yes, even 50/50 yes,no, than you may want to wait. Also, we ar...
