world affairs
What happens when EI runs out 2021?
The permanent extension of EI sickness benefits from 15 to 26 weeks through Budget 2021 is expected to take effect in summer 2022. How long do EI benefits...
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World Affairs
world affairs
What is a 5 year adjustable rate mortgage?
A 5/1 ARM is a mortgage loan with a fixed interest rate for the first 5 years. Afterward, the 5/1 ARM switches to an adjustable interest rate for the rema...
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world affairs
Is 64 considered early retirement?
The common definition of early retirement is any age before 65—that’s when you qualify for Medicare benefits. Currently, men retire at an average age of 6...
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world affairs
What is a qualified contract LIHTC?
A qualified contract is a bona fide contract to acquire a low income housing tax credit property for the sum of the existing debt, adjusted investor equit...
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world affairs
Can couples work together in real estate?
While some of our real estate brokers found love where they least expected — while selling real estate — others have found real estate success teaming up ...
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world affairs
Does my business income count as my income?
Business income is earned income and encompasses any income realized from an entity’s operations. For tax purposes, business income is treated as ordinary...
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world affairs
How do you politely email a client?
Begin with a greeting. Always open your email with a greeting, such as “Dear Lillian”. Thank the recipient. If you are replying to a client’s inquiry, you...
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world affairs
Can a trust own shares in its trustee company?
A trust cannot own shares in a company because the law says a trust is not a separate legal person. Even so, the trustee of a trust, in his, her or its ca...
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world affairs
Does mortgage payoff affect capital gains?
The Internal Revenue Service doesn’t let you deduct mortgages or liens when figuring the tax on capital gains from property sales, even though you must pa...
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world affairs
Are financial advisors tax deductible?
While you can no longer deduct financial advisor fees, there are some other tax breaks you may be able to take advantage of as an investor. First, if you’...
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