HELOC Pros and Cons
HELOC Home Equity Loan Secured by your home equity Secured by your home equity Low interest rates Low interest rates Usually variable rate Variable or fixed rate Draw funds multiple …
HELOC Pros and Cons Read MoreAuthor: admin
Power of Attorney Duties After the Principal’s Death
You can’t get a power of attorney to act for someone after they have died, and an existing power of attorney becomes invalid upon the death of the principal—the individual …
Power of Attorney Duties After the Principal’s Death Read MoreWhat Is the Fair Housing Act?
Definition and Example of the Fair Housing Act The Fair Housing Act is a law enacted in 1968 and has been updated several times since its inception. The law is …
What Is the Fair Housing Act? Read MoreIs a Reverse Mortgage a Ripoff?
Reverse mortgages are special types of loans that give older homeowners a way to turn their home equity into a source of income they can use during retirement. When they …
Is a Reverse Mortgage a Ripoff? Read MoreAlternatives to a Home Equity Loan
A home equity loan, or second mortgage, allows you to withdraw the equity you’ve built up in your home so you can use the cash to make repairs to your …
Alternatives to a Home Equity Loan Read MoreWhat Is an Unrecaptured Section 1250 Gain?
Key Takeaways A higher unrecaptured Section 1250 tax rate applies to long-term capital gains for which a taxpayer has previously claimed depreciation. The IRC requires that claimed depreciation must be …
What Is an Unrecaptured Section 1250 Gain? Read MoreTerri Huggins – The Balance
Highlights More than 10 years of experience as a journalist covering topics like personal finance, parents, and mental health Former marketing and communications professional at a real estate company Host …
Terri Huggins – The Balance Read MorePeter Lauria – The Balance
Highlights Has more than 20 years of experience as a business writer and editor, covering everything form the business of media to high-level economics Former editor in charge of technology, …
Peter Lauria – The Balance Read MoreWhat Are Series HH Savings Bonds?
Key Takeaways Series HH savings bonds were a type of Treasury bond that directly deposited interest payments into an investor’s account. These bonds matured after 20 years and paid interest …
What Are Series HH Savings Bonds? Read MoreLeveraged ETFs: What Are They?
A leveraged exchange-traded fund (ETF) is a type of financial product designed to track an underlying index at higher rates of return. It can offer returns as high as 2-3 …
Leveraged ETFs: What Are They? Read More