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Buying a House Without a Real Estate Agent: What You Need to Know
Why some Seattle buyers go agent free Buying a home in Seattle without a real estate agent can feel empowering. You keep full control over search, strategy, and pace. You negotiate directly with a seller or a seller’s agent, and you decide where to spend for professional help. It can also be risky. Washington purchases…
Read MoreHow to Pay Off Credit Card Debt: 5 Ideas & Strategies
Credit card debt often feels like a snowball. The farther it rolls, the bigger it gets. Every time you don’t make a full payment, you get charged more interest, and that credit card debt snowball gets bigger. As interest rates get higher and life gets more expensive, more Americans wonder how to pay off credit…
Read MorePrenuptial Agreements for a peace of mind before marriage
Prenuptial agreement is made by a couple before they marry, and it concerns the ownership of their respective assets should the marriage fail. Couples who bring personal or business assets to the marriage can benefit from a prenup. It is not one of the things that come to mind when you are about to marry, but given that…
Read MoreUSCIS Proposed Fee Increases
The Department of Homeland Security (DHS) proposes to adjust certain immigration and naturalization benefit request fees charged by U.S. Citizenship and Immigration Services (USCIS).
Read MoreAttention Future/Current Airbnb Hosts: Why Start as an LLC?
Injured guests, damage to yours or neighboring properties, and unpaid taxes are just one of the few issues that you might deal with as an Airbnb host. Hence, it is pivotal to familiarize yourself with the local laws that govern home rentals, as well as tax consequences involved.
Read More5 Common Child Support Myths in Washington State
Child support is more than just about monthly payments, it is a father’s or mother’s obligation to place the child in the same position she or he would have been had the parents stayed together. There are many child support myths and below are some of them.
Read MoreTop 10 “Must Include” Clauses in a Lease or Rental Agreement
One size does not fit all and most landlords and tenants find themselves in difficult situations. An important clause omitted from the agreement may create a chaos between the parties. Here are the top 10 clauses you need to include in your lease agreement at all times.
Read MoreTaxes in Bankruptcy Proceeding
In Washington, you may retain any property that falls into one of the exemptions categories if you file bankruptcy. However, there are certain debts that you will not be able to discharge even in bankruptcy, among them are certain non-dischargeable taxes, as for example, back taxes are not dischargeable unless the tax meets discharge requirements.…
Read MoreBUILDER FINANCING: Pros and Cons
Nowadays, you can arrange mortgage financing for a new home construction through builder’s wholly owned mortgage subsidiaries or affiliate relationships with outside mortgage companies. You may be offered numerous compelling and advantageous sales incentives on the new house, such as upgrades or price breaks. Some of the advantages are: Fast – It may reduce the time needed…
Read MoreFavorite Tax Provision Expired: Avoiding Taxes on Cancelled Mortgage Debt
If your debt to someone else has been canceled or forgiven, the canceled amount may be taxable. Generally, to the extent that a loan from a lender is not fully satisfied and a lender cancels the unsatisfied debt, you have cancellation of indebtedness income. The Mortgage Debt Relief Act of 2007 generally allows to exclude…
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