Tag: Personal Finance

Posted on 02/28/2021
What Is Step-Up Basis?
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
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Posted on 05/26/2019
Get Rid of Bad Credit History
Bad credit history can get in the way of getting approved for a loan. It may seem like a stretch to try and get lousy credit away from your credit score, but it is possible. The 5 ways to get rid of bad credit 1. You should take note of the delinquency date. Credit bureaus often update on...
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