The Tax Cuts and Jobs Act, changes in property tax deductions may shift new home buyers’ strategy to the market and existing owners deductions at tax time.
Jane Hodges is the author of Rent Vs. Own (Chronicle Books) and has written about real estate and personal finance for The Wall Street Journal, New York Times, Seattle Times, Fortune and many other publications.
Articles from Jane
Self-employed workers face many decisions before year-end: making deductible purchases, opening a new retirement account, or changing business structure.
Health Insurance is mandatory for most Americans. Those who don't have a policy through their employer can face tax penalties if a policy is not purchased.
Homeowners can now refinance their student loan debt into their mortgage, or do a cash-out refi to pay off student loan debt under new Fannie Mae rules.
10 lessons financial advisors wish college students learned to beef up their financial literacy and prepare them for the 'real world'.
There are life-changing events that lead to a massive financial windfall or sudden wealth. An inheritance, a real estate sale, and cashing out stocks are a few examples.
Working in retirement brings financial planning considerations with respect to taxes, Social Security income, and what retirement accounts to tap first.
Banking on mom and dad to survive financially creates financial dependency issues for children and financial strain for parents planning for retirement.
Working with a CPA or accountant can help ease the pain at tax time. They can also provide valuable financial planning advice and business strategy.
The first step in financial planning is understanding your spending habits. By creating a budget you will know how much you can save and invest, and where.