Losing your home to foreclosure or going through a short sale is one of the most disheartening experiences the modern homeowner can endure. Traditionally, a defaulted mortgage has meant years of poor credit and renting rather than buying. Continue reading
Category Archives: Financial Planning and Tax stuff
Money: The Marriage Killer
Well, we are already a few weeks into January and it’s time to get your financial house in order – a News Year’s resolution to add to your list. But this time, I want you to sit down with your significant other and talk money no matter how much you hate it. Continue reading
What’s hiding in your Tax Man’s Closet?
It is that special time of year already! As our W2’s and 1099’s come trickling in, we are reminded to start organizing our 2010 paperwork because March and April are right around the corner. Over the years, I have had my share of tax horror stories and all of them were predicated on bad tax advice. I won’t go into the gory details, but suffice to say, I learned that taxes are not meant to be taken lightly.
The IRS estimates that the average taxpayer needs over 20 hours to do his or tax return, or longer if they are filing a Schedule C for business or a Schedule E for real estate. I am busy enough with work, rowing, more work, and watching American Idol that I choose to have a professional take care of my taxes. Continue reading
