Has anyone heard of United Financial Freedom? They indicate they have a software that analyzes your income and debt and then structures your debt payoff, utilizing your credit card and available cash...resulting in y...
I recently read Rich Dad Poor Dad and decided I wanted to pursue financial freedom via REI. I am a 24 year old who graduated college with about $30,000 in student loan and pay-day loan debt and will be acquiring abou...
Hello,I really enjoy this website and the insight everyone gives. I was hoping that y'all would have an opinion on our situation.We are moving to another state in August and just closed on our new home. Our current ho...
Posted earlier and completely messed up the term I was inquiring about...I meant a 1031 exchange instead I referenced a tax form 5498. Anywho, I own a condo in Boston and due to taxes because it’s no longer a primary...
I am 25 and my wife is 27. We take home about $4,500 a month. We have a mortgage on our home that we bought just 2 years ago (no equity) and have about $80,000 in student loan debt at about 5%. I am looking for advise...
Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
Hi folks, first post, so please excuse any etiquette violations.I was curious as to the general opinion of student loans and investing for the first time. I was blessed enough to escape undergrad debt free, but decide...
I am in the Louisville, KY area, and a 13 year veteran investor and I brrrr every chance I get. I am wondering if it would be better to take an unsecured loan, buy, fix up and then roll into permanent financing. It ap...
I received this from my accountant in his newsletter. I thought it was worth passing along.
Nine Facts about Mortgage Debt Forgiveness
If your mortgage debt is partly or entirely forgiven during tax years 2007 t...
I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...