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Real Estate With Maghielse & Company, LLCPhone: (616) 977-0900
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Tag: Personal Finance

Posted on 06/21/2020
What Is Step-Up Basis?
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
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Posted on 07/28/2019
5 Reasons Why Finances Could be Tight
Have you been wondering lately about why you are always broke? You will need to ask yourself a lot of important questions to know exactly what you are doing wrong. These are the questions that will help you point out the primary reasons for your financial woes. Going by data made available by the World Bank, a considerable...
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