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Unintended Consequences

Prairie Eco-Thrifter

Individuals, families and workplaces are complex organisms with multiple constantly changing parts and pieces. A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Maybe you prefer golf over cross-country skiing, or you just want to be near your kids or grandkids. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No. 22 for state and local sales tax. The state combines high-quality healthcare and a light tax burden to rank No. The state ranks No.

Iowa 52
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50 Best Small-Business Ideas – NerdWallet

Savings Corner

If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents and make your professional recommendations about your client’s bottom line. Tax consulting If you’re a CPA or other enrolled agent, you might consider opening up a service specifically for business taxes.

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Sell Your Home or Stay?

Prairie Eco-Thrifter

Are the schools good enough for your kids? Are the taxes too high for the services you get? Will the taxes be higher? You may have to carry the old house for months until it sells, paying the expenses (mortgage, utilities, taxes and etc) on both it and the new home. What non real estate considerations are there?

Home 165
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11 Things I learned After Owning a Vacation Property

Prairie Eco-Thrifter

I wanted a place for our family to gather – adult children and grandchildren along with us. I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. The tax code for second homes used as rental properties is incredibly complex here in the US.

Vacation 100
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Yes Virginia, There is a Money Tree

Prairie Eco-Thrifter

Well, kids, your parents lied to you – money does grow on trees. One way to do this in a two income family is to live off of one income and bank the other. Tax yourself. #117046655 / gettyimages.com. The trees are your investment accounts. We did that. Pay yourself first. Put the holiday gift of cash into your account.

Virginia 160
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Kindergarten to College – Back to School Money Tips

Prairie Eco-Thrifter

According to the July 15, 2010 Back to School Survey from the National Retail Federation, the average family spent around $600 per child for back to school needs, split between clothing (37%); electronics (30%); shoes (17%) and school supplies (16%). In our neighborhood folks buy really nice name brand clothing for their kids.

College 192