Home rental prices have soared in the past 18 months, just like home-purchase prices. Rental information service Zumper’s National Rent Index hit a record high in July. The median one-bedroom rent totaled $1,450 in the month, up 2% from June and 11.3% a year earlier. The two-bedroom median rent hit $1,750 in July, also up… Continue reading California Has a Key Problem in Common with Texas and Florida
10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals
1. Learn about the 14-day ruleTax laws are full of exceptions, but the 14-day rule—sometimes called the “Masters exception” because of its popularity in Georgia during the annual Masters golf tournament—is the most important for anyone considering renting out a vacation home. Under this rule, you don’t pay tax on income you earn from the… Continue reading 10 Tax Tips for Airbnb, HomeAway & VRBO Vacation Rentals
The Cities With the Weakest and Strongest Recovery After Two Years of Pandemic
When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic indicators, some cities are rebounding, and others are not. When it comes to jobs, real estate prices and returning to the office, recovery for U.S. cities has been mixed. In certain economic… Continue reading The Cities With the Weakest and Strongest Recovery After Two Years of Pandemic
Inheriting an Asset? How to Reconstruct Cost Basis
Have you recently inherited an asset from a loved one? Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to discuss the tax consequences. TurboTax Live experts look out for you. Expert help your way: get help as you go, or hand your taxes off. You… Continue reading Inheriting an Asset? How to Reconstruct Cost Basis
Amazon is Taking $100 off the Galaxy Watch 4
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Trying to achieve your fitness goals without the proper feedback is like trying to hit a target in the dark. So instead of guessing your heart rate or not knowing… Continue reading Amazon is Taking $100 off the Galaxy Watch 4
Traveling This Summer? Here’s What’s Tax Deductible
Are you traveling this summer for business? Or, maybe you’re thinking about bringing your family on a business-related trip. If you’re wondering which travel-related expenses are tax deductible, and which are not, you’re in luck. Our Retirement Daily’s Robert Powell caught up with Jeffrey Levine, CPA and tax pro from Buckingham Strategic Wealth Partners, to… Continue reading Traveling This Summer? Here’s What’s Tax Deductible
Money Worries Hit Millennials and Gen-Z Hard
The 2008 financial crisis and the covid pandemic have hammered the finances of young people. “Millennials [born 1981-96] and Generation Z [born 1997-2012] have experienced constant economic uncertainty,” said Michael Hershfield, Chief Executive of payments service Accrue Savings. His comments accompany an Accrue survey about personal finances among generations. As for millennials, “entering the job… Continue reading Money Worries Hit Millennials and Gen-Z Hard
Tough Times in Housing Market Extend to Renters
The bad times continue to roll for the housing market. In recent months, home sales have dropped, while home prices and mortgage rates have soared. News about the rental market isn’t so hot either. Rental information service Zumper’s National Rent Index hit a record high in July. The median one-bedroom rent totaled $1,450 in the… Continue reading Tough Times in Housing Market Extend to Renters
Recent Post
