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The Gift Tax Myth: How to Navigate Around It

Many people aren’t aware of the fact that, in most situations, there really is no gift tax. Here’s why… $15,000 ANNUAL EXCLUSION The federal government gives each of us an...
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Tax Deductible Items for 2019 Mortgages

Congratulations on your mortgage closing!  Here is a general overview of some information that may be helpful to you and your CPA as you prepare your 2019 tax returns (the...
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How Business Owners & Independent Contractors Benefit from the CARES Act

Here’s how the Coronavirus Aid, Relief, and Economic Security (CARES) Act benefits business owners and independent contractors:“Paycheck Protection Program” (PPP) Loans Up to 2.5 times Your Monthly PayrollBusinesses can apply...
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How Homeowners & Buyers Benefit From the CARES Act

Here are four major ways that the Coronavirus Aid, Relief, and Economic Security (CARES) Act benefits homeowners and buyers: 1 – “Economic Impact” Checks of $1,200Eligible taxpayers who filed tax...
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Three Advanced Professions That Don’t Required Advanced Degrees

An insurance agent, mortgage originator, and real estate agent all walk into their local bar… Well actually, their local bar association… These three salespeople have an annual income that would...
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Corona-Crisis Takes Mortgage Rates on a Roller-coaster Ride

Yes, the Fed lowered short-term rates to 0%. Yes, the Fed is embarking on a massive $700 billion bond-buying spree that’s supposed to lower interest rates. Yes, mortgage rates actually went UP...
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Madness in the Market: A Special Report

Monday, March 16, 2020This is a special report to illustrate how mortgage rates have responded to coronavirus fears and financial market volatility. It’s certainly been a roller-coaster ride! Part 1:...
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How to Finance the Roth IRA Conversion Strategy

WHAT IS A ROTH IRA? A Roth IRA is a retirement account where (1) you invest your money after you’ve paid taxes on it, and (2) you can withdraw your...
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Four Questions to Ask Before Choosing a Mortgage or Buying a Home

These four questions can help you make smarter mortgage and housing choices: Why is it better to buy a home right now vs. renting a home?  Buying a home usually requires...
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