24 Jun We sold our home. Do we owe the exit tax? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The exit tax is a pre-paid, estimated tax based on your home sale. ... Read More
18 Jun Are there any updates relative to ANCHOR benefit for tax year 2021? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes This benefit is funded each year in the state budget.... Read More
14 Jun What taxes are owed if I gift a house to my adult children? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate You may have to file a form with the IRS when you make the transaction. ... Read More
12 Jun When will the next ANCHOR application come out? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The state is trying to make it easier to get this property tax benefit.... Read More
11 Jun Do we get Stay NJ if only one of us is 65 or older? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes The Stay NJ property tax benefit will start in 2026.... Read More
23 May To get the Senior Freeze, when do property taxes need to be paid? Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes Homeowners can receive a credit to help offset property taxes, if eligible. ... Read More
21 May How much of my home will Medicaid take after I die? Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate, Retirement Medicaid is required by law to try to recover money it spent for your care.... Read More
20 May Should I use a HELOC for an emergency fund? Posted at 05:01h in Ask NJMoneyHelp, Credit, Real Estate, Retirement Emergency funds should be kept in an easy-to-reach place.... Read More