In recent years, NerdWallet has become a valuable resource to millions, bringing a wide array of services, insights, and resources at no cost to users. NerdWallet has become very popular with both casual users and serious financial planners. It monitors…
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a compelling tax strategy for real estate investors. Reinvesting proceeds from the sale of one property into another like-kind property taxpayers can help you defer paying…
For real estate investors, taxes can either be a financial burden or a strategic opportunity. Proper planning and an understanding of available tax benefits can drastically enhance investment profitability. Conveniently, the U.S. tax code offers a number of provisions specifically…
Your credit score significantly influences financial opportunities, from securing loans to renting an apartment to even landing a job. A poor credit score, while daunting, is far from irreversible. With strategic planning, consistent action, and a solid understanding of the…
In an age where data privacy and security are paramount, anyone considering a personal finance app needs assurance that their information is protected. NerdWallet’s expanding user base and suite of financial tools can also leave many wondering: is it a…
Bad credit can feel like a major obstacle when pursuing a loan, but it doesn’t have to be insurmountable. While traditional lenders often hesitate to work with low-credit borrowers, numerous options and strategies exist for individuals seeking financing despite credit…
For real estate investors, the 1031 exchange is an invaluable strategy for deferring capital gains taxes while expanding or refining property portfolios. However, its benefits come with stringent rules and timelines that, if overlooked, can result in costly mistakes. In…
The stress of owing the IRS money is a lot. And the stress only multiplies the more you owe. That said, there are legal ways to settle your tax debt for less than what you owe. The IRS offers options…
While it sounds kind of obvious to obtain, it is important to reduce your adjusted net income (ANI) to manage any potential tax liability and optimize your financial outcomes. Additionally, it is worth remembering that ANI plays a vital role…
The words “IRS audit” have long struck terror into the hearts of American business owners. While an IRS audit can be a stressful experience, it’s essential to understand what it entails and how to handle it. An audit doesn’t necessarily…