Dear Liz: I am 53 and own a home in which I live and rent out rooms. Every year I pay my taxes on the rental income and get to deduct depreciation. How does this affect the taxes I will pay on the home when I sell it? Will I be able to claim the […]
Recent Blog Posts
Q&A: Social Security spousal benefits
Dear Liz: I’m remarried and don’t plan to claim a spousal benefit on my husband’s Social Security, as my benefit will be four times what his will be. My previous marriage ended in divorce at 10 years, and my ex died two years ago. How do I find out if I’m eligible to collect on […]
Friday’s need-to-know money news
Today’s top story: Where college students can find emergency money, food and housing. Also in the news: 8 ways to get cheap movie tickets, how the new CFPB prepaid card rule affects you, and your 2018 HSA contribution limit just changed (again). Where College Students Can Find Emergency Money, Food and Housing You’re not alone. […]
Thursday’s need-to-know money news
Today’s top story: How to build your ‘Oh, Crap!’ fund. Also in the news: A strategy that could help new grads retire sooner, United Airlines sets a new pet transport policy, and what happens to your debts when you die. How to Build Your ‘Oh, Crap!’ Fund Don’t get caught empty-handed. New Grads, This Strategy […]
Wednesday’s need-to-know money news
Today’s top story: Money advice for new graduates – and some old-school wisdom. Also in the news: Should you fix or break up with your car, types of stocks to look at if you’re getting back into the market, and how to determine if you need life insurance in retirement. Money Advice for New Grads […]
Tuesday’s need-to-know money news
Today’s top story: What is synthetic identity theft? Also in the news: The top 5 places to invest in for new grads, why more credit cards are helping you speed through airport security, and what you don’t know about foreign transaction fees. What Is Synthetic Identity Theft? Imaginary applicants with very real data. New Grads: […]