I have shares of a private company which was acquired for cash by a public company in Jan 07. A check for about $30k will be mailed to me soon for my shares. What is the best way to avoid as much tax as possible ?
I am self employed but don’t know how much [...]
I am trying to refinance my home and consolidate some bills. The mortgage balance is $207,998 with a HELOC of 44,982. I want to consolidate those two for a lower payment and a fixed rate(the interest on the 207,998 balance will adjust in October). I also want to consolidate my car($18,728) and my credit card($4,500). [...]
I do my own taxes every year, but this year I have a question. I refinanced my mortgage in the spring. Had a significant amount of equity and decided to “cash out” some of my equity to help pay off some outstanding debts (car, student loan, credit card balance) and kept some to keep in [...]
I heard that you can cash it out, the money you get from financial aid to pay for the costs of classes and books. Can you really cash it out if there is extra?
HOW? How do you cash it out?
i recently lost my job, and the deferment period on my student loan is up. i have heard of consolidating the student loan but i can’t find anything that answers the question; ‘can i get cash out of my student loan’. does anyone have any info?
Also, would it be okay to go to the same bank with the checking account (Bank of America) and ask for a cash loan. I need about $200, but I don’t have much credit or a job at this point and the bank is going to close my account and report me to an account [...]
First off, my student loan is at 3.65 fixed for an amount of appros 12,000. My refinance rate for my mortgage is about 4.9% x 30yrs fixed. Would it be wise to take out an additional $12,000 at that rate to pay off a student loan that is at a lower fixed rate?
Like as if I were to receive a cash gift of $500 per week for about a year or more? Would I need to count that on my taxes? Or since it’s less than 10,000 (per payment)… is it something that would go under the tax-police radar?
Might I add, this is a gift or Inheritance [...]
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