It’s recently been reported that multigenerational home buying is on the rise. According to the New York Times, 64 million Americans are living in homes where there are adults of at least two generations. This is double the number of people doing it in...
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Month: July 2018
When credit card interest gets large
Credit cards subject individuals to interest and fees. These costs can sometimes add up to quite a bit. According to recent data, in the one-year period ending March 31 of this year, around $104 billion in interest and fees were paid by U.S. credit card users. This...
Gov candidate Lupe Valdez not paying taxes could lead to trouble
On the surface it seems like a good idea. Gubernatorial candidate Lupe Valdez bought and renovated several properties that she subsequently rented to people who were aspire to open businesses or somehow contribute to the community. She had been renting units at...
Those with tax debt could be denied passport
The Wall Street Journal recently reported that those who owe more than $51,000 to the IRS will be prevented from getting a new or renewing their passport. This new law, which went into effect in March 2018, could affect an estimated 363,000 people who fall into this...
What you should know before filing for Chapter 7 bankruptcy
When a Texas individual is facing overwhelming debt, it can lead to frustration in various areas of life. In addition to growing balances and compounding interest, you may face other debt-related consequences, such as frequent and harassing contact with creditors....