The threat of eviction: What renters need to know
With bans on evictions expected to lift in many places and a backlog in housing courts nationwide, there is a chance for a surge in the number of tenants who are at risk of eviction if additional government support isn’t forthcoming. The rules on eviction depend on where you live. A federal government ban on […]
It’s getting harder to get a jumbo loan
Prospective home buyers who want to buy luxury homes may now have to meet tougher requirements in order to qualify for a jumbo loan, also known as a jumbo mortgage. A jumbo loan involves financing beyond the limits set by the Federal Housing Finance Agency. This type of mortgage cannot be guaranteed, purchased or securitized […]
Foreclosures hit a low, at least for the time being
The number of foreclosure filings nationwide dipped to a record low as of the mid-point of 2020, according to ATTOM Data Solutions’ Midyear 2020 U.S. Foreclosure Market Report. Filings were down 44 percent over the course of the first six months of the year as compared to the same period of 2019, with a total […]
Know your rights with vacation rentals
More people are seeking out vacation rentals recently for longer stays and single-family living while traveling. A vacation property offers more space, privacy and easier social and physical distancing. In many places, you also get more for your money. If you’re planning to rent a property for your next vacation or an extended stay, it’s […]
How the pandemic may affect long-term care insurance
If you have a long-term care insurance policy, you may wonder how it is affected by the pandemic. If you don’t have a policy, you may wonder if the pandemic will make it more difficult to get one. There are lots of uncertainties regarding COVID-19’s impact on long-term care insurance, but here is some of […]
Medicare’s different treatment of post-hospital care options
Hospital patients who need additional care after being discharged are usually sent to either an inpatient rehabilitation facility (IRF) or a skilled nursing facility (SNF). Although these facilities may look similar from the outside, Medicare offers very different coverage for each. While you may not have a complete say in where you go after a […]
Estate planning essential for unmarried couples
While estate planning is important for married couples, it is arguably even more critical for couples who live together but aren’t married. Without an estate plan, unmarried couples won’t be able to make end-of-life decisions or inherit from each other. Estate planning serves two main functions: determining who can make decisions for you if you […]
Make Preparations for Form 1099s This Year
Be looking for new Form 1099-NEC! Here are three tasks to consider that will make meeting your business’s information reporting requirements less stressful this tax season. Review your general ledger. Even if you’ve already identified 1099 vendors in your payables system, review current year expenses to make sure no new or infrequent payments have been […]
Seven Tips For Financial Wellness In 2021
Common New Year’s resolutions are to lose weight or become more active. Perhaps 2021 is the year to shift focus. Here are seven tips to help you become more financially fit. Create a budget. It’s easy to get into financial trouble if you spend more than you earn. By watching your budget more carefully, you […]
Uncle Sam’s New Year’s Resolutions
As new year’s celebrations are in the rearview mirror, it’s nice to continue celebrating the resolutions that we are definitely going to achieve! So we asked Uncle Sam – yes that Uncle Sam – what his new year’s resolutions were. This is what he told us… Help the federal government spend less money than it […]