Expert Q&A about:
Home Buying
If you don't find the answers you need ask a new question.
Multiple payments per month, ect?
Asked almost 2 years agoI’m over 59 1/2 and I want to pay cash for a 1st time primary home. Does that reduce the 20% tax for withdrawal of $80k from my 401k? Can I do a roll-over into different savings(IRA?) Am I limited on how much I can take out of my present fund? Right now, I have about 150k in the fund. I want to reduce debt to increase other retirement savings.
Asked over 1 year agoi.e. Should I opt in for a fixed or variable rate?
Asked almost 2 years agoDoes home owners insurance cover everything in the home? A friend of mine recently had her home robbed and jewlery stolen, which made me think about what insurance we might need other than our existing home insurance.
Asked about 2 years agoI am wondering what taxes I should anticipate on a new home. Thanks.
Asked almost 2 years agoJust purchased my first home! I look forward to your response.
Asked almost 2 years agoWhat are the tax implications for selling a house and how is it calculated? We are renting now and intend to buy a new house, but I am not sure if it will happen within this tax year. Thanks.
Asked almost 2 years agoI have been researching expenses as a result of now owning a home, but I am unclear what might happen now from a tax perspective, how does a home typically impact someone’s tax return, both in terms of new deductions and/or costs?
Asked about 2 years ago
