While non-discretionary expenses are considered mandatory—housing,taxes,debt, and groceries—discretionary expenses are any costs incurred above and beyond what is deemed necessary. These are generally considered wants, while non-discretionary expenses are usually referred to as needs. As such, discretio...
Section 56(2(viib) – Issue of shares by Company – deemed income. When a Company (in which public are not substantially interested) receives any consideration, from a resident, for issueof shares exceeding the fair market value (FMV) of the share, the excess amount so received will be re...
Non-QM loans are aimed at borrowers with financial profiles that don’t meet the requirements of a typical qualified mortgage. This often involves an inconsistent or nontraditional income structure, a major credit event or high debt. Features associated with non-QM loans include: ...
Ramsey Solutions RetirementSave Are you contributing to your 401(k) account at work? Make sure you're getting the most out of your investment! Ramsey Solutions
Data from the COVID-19 pandemic will no doubt reflect that disadvantaged workers are overrepresented among essential workers and those deemed necessary for businesses to remain open or reopen. Disadvantaged workers are at greatest risk of experienc- ing negative outcomes from COVID-19. Low-income ...
If you want to buy a house, but you think a mortgage might eat up too much of your monthly income, there are ways to lower your payment. You could: Work on your credit score:A better credit score will earn you a lower interest rate, and even a slightly lower rate can mean a much...
Note that creditworthiness does not translate to your value as a person. You are not "bad" if you are not deemed "creditworthy." You could have a poor credit score that hinders you from getting a lower APR, but that does not mean you are a failure, or can never achieve a more favora...
You may be allowed to keep some essential property, like a car if the value isn’t deemed excessive and personal belongings such as clothing, household goods or tools you need for work, but exemption laws vary from state to state. Once the available assets are sold, the proceeds go to cr...
While the tradition put more emphasis on the red envelope, there is also a lot of thought given to what's inside. Amounts in even numbers are deemed more auspicious, except for the number 4, because the Chinese word for 4 sounds like "death" and is considered unlucky. Crisp, new bills...
Should Your Agent Be a Friend? Real estate deals aren't personal, they're business, and working with a friend might blur the lines. Robyn A. FriedmanApril 9, 2025 Miami Housing Market Forecast Driven by high demand and limited single-family inventory, Miami-Dade County remains a seller's ...