01 Apr My house gained in value. What happens to my reverse mortgage? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Retirement You can tap your equity, but make sure you understand the agreement. ... Read More
01 Apr I inherited a house. How do taxes work if I sell it? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate, Taxes An inherited home is treated differently than a home that's gifted.... Read More
29 Mar Do I owe tax on the sale of my home after I moved? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The circumstances of the sale will determine what taxes are owed.... Read More
29 Mar Are trusts really taxed at 37%? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Taxes Before you create a trust, make sure you understand how it works.... Read More
28 Mar How can I save for both retirement and college? Posted at 05:01h in Ask NJMoneyHelp, College, Retirement You can borrow money for college but not for retirement. ... Read More
28 Mar Do I really owe this money after selling my home? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes You must meet two conditions to qualify for a capital gains exclusion.... Read More
27 Mar We moved. Do we qualify for the ANCHOR benefit? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes Eligibility requirements include the date by which you must have owned the home. ... Read More
27 Mar I’m confused about tax from my Roth IRA conversion Posted at 05:01h in Ask NJMoneyHelp, Retirement, Taxes When you convert to a Roth, you'll have to pay a tax bill. ... Read More