Key Takeaways Tax-loss harvesting involves offsetting capital gains with capital losses so that little or no capital gains tax comes due. Investors might intentionally sell some securities at a loss to achieve this when they …
Definition and Example of Actual Cash Value Actual cash value (ACV) is how an insurance company measures a property’s worth at a given moment in time. It accounts for depreciation. You may come across the …
If you’ve ever read a report from an investment analyst, you may have seen stocks described as “overweight.” It can be a confusing term. Most people are used to seeing more simple “buy” or “sell” …
Key Takeaways A stock quote shows the current price of a stock based on recent activity on its exchange. It also includes a wide range of additional information to help investors judge a stock’s profit …
Key Takeaways Fungible investments can be bought and sold on different exchanges. Fungible trading works when you can buy/sell on one exchange, and sell/buy on another exchange, netting your share position to zero and earning …
Key Takeaways Elder law is a field of law that focuses on legal issues that affect older individuals. Major areas of elder law include disability and special-needs planning, long-term care planning, estate planning and settlement, …
A home equity loan, or second mortgage, allows you to withdraw the equity you’ve built up in your home so you can use the cash to make repairs to your home, pay for college tuition, …
Key Takeaways A higher unrecaptured Section 1250 tax rate applies to long-term capital gains for which a taxpayer has previously claimed depreciation. The IRC requires that claimed depreciation must be factored back in to arrive …
Highlights More than 10 years of experience as a journalist covering topics like personal finance, parents, and mental health Former marketing and communications professional at a real estate company Host of local workshops discussing financial …
Highlights Has more than 20 years of experience as a business writer and editor, covering everything form the business of media to high-level economics Former editor in charge of technology, media, and telecom at Thomson …