Become a Patron! This is my third and final post about first-time homebuyer savings accounts, a tax dodge that seems to have swept the nation a few years ago, with several states setting up similar-but-not-identical versions of the gambit, with vastly varying value based on income restrictions, time and contribution limits, investment options, and of course the state income … [Read more...] about First time homebuyer savings accounts, part 3 (Alabama, Mississippi, Montana)
Become a Patron! I recently wrote in detail about the first-time homebuyer savings account tax deduction offered by the state of Oregon, and promised a followup with an assessment of similar accounts offered by other states. If you haven't read that post, then you should probably start there, since the concepts I describe there will be helpful as I skim through the remaining … [Read more...] about First-time homebuyer savings accounts, part 2 (Virginia, Colorado, Minnesota, Iowa, Idaho)
Become a Patron! One of the most interesting things about the US banking system is just how decentralized it is. While most developed nations have just a handful of major banks, the United States pairs those nationwide behemoths with thousands of smaller banks and credit unions that may serve an area as small as a single city or county. Of course, in the 21st century … [Read more...] about Oregon first-time home buyer savings accounts: is the juice worth the squeeze?
Become a Patron! Assuming you've already read my March 22 introduction to personal finance during the plague, you're already well on your way to getting approved for unemployment insurance, SNAP, Medicaid, WIC, and any other welfare programs you might be eligible for. So in today's edition of "personal finance during the plague," I want to take a look at an issue that … [Read more...] about Personal finance during the plague: real estate
Become a Patron! Last week over at Travel is Free Drew wrote a very thoughtful post about his experience taking out long-term residential leases and then subletting them for short-term stays through a variety of platforms. The post has a lot of details on the various expenses and complications he encountered and is worth a close read if you're considering doing the … [Read more...] about So you’ve decided to invest in real estate!