Accounting/Consulting

My husband and I are divorcing. I brought $35K into the marriage. He wants me to subtract that money from our home’s equity. I say split the equity first

‘My company may IPO and make me a millionaire’: My boyfriend and I have a cohabitation agreement. If we split, would he have a right to my money?

Dear Quentin, I’ve been with my boyfriend for 10 years and we now co-own a home together in Tennessee. A lawyer helped us create a “cohabitation agreement” for our house purchase. We’ve never lived in a common-law state and — with the exception of a joint bank account to pay for our mortgage, utilities and …

‘My company may IPO and make me a millionaire’: My boyfriend and I have a cohabitation agreement. If we split, would he have a right to my money? Read More »

The IRS is looking into reports of families receiving wrong information about child tax credit payments —  a problem that could affect their tax refunds

The IRS is looking into reports of families receiving wrong information about child tax credit payments — a problem that could affect their tax refunds

The Internal Revenue Service says it’s looking into reports that some families have received inaccurate figures from the IRS about their child tax credit payments — an important number that determines how big their tax refund will be this year. “We are still looking into some of the information we’ve heard about the information on …

The IRS is looking into reports of families receiving wrong information about child tax credit payments — a problem that could affect their tax refunds Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

‘They’ve shown no remorse’: My relatives agreed to rent my apartment, but they never moved in. I was stuck paying the rent for 2 months

Dear Quentin, I purchased a home in New Jersey where it’s calm and peaceful. I have a three-bedroom apartment in Brooklyn, New York. The rent is $1,900. I had a verbal rental agreement with relatives (a couple and their three children). They were experiencing some financial hardship, and I wanted to assist in some way. They agreed to …

‘They’ve shown no remorse’: My relatives agreed to rent my apartment, but they never moved in. I was stuck paying the rent for 2 months Read More »

'I’m trying not to work people into a downward spiral': Why some parents should brace themselves for a lower tax refund in 2022

‘I’m trying not to work people into a downward spiral’: Why some parents should brace themselves for a lower tax refund in 2022

In 2021, the enhanced Child Tax Credit gave millions of families some financial cushion through monthly payments. In 2022, the same tax credit might take away from the size of many income tax refunds — or even give some unanticipated tax bills — according to tax professionals who are bracing for agitated clients. “There’s going …

‘I’m trying not to work people into a downward spiral’: Why some parents should brace themselves for a lower tax refund in 2022 Read More »

My husband and I are divorcing. I brought $35K into the marriage. He wants me to subtract that money from our home’s equity. I say split the equity first

I paid the mortgage and child support while my ex-husband was MIA for decades. He will only sell his share in our house to our daughters. What can I do?

Dear Quentin, My divorce decree states that I have exclusive possession of the marital residence. The deed has my ex-husband’s name, and my name as his wife. I approached my ex-husband to sell the house.  He has been absent, without any knowledge of his whereabouts for several decades. He has had no contact with my …

I paid the mortgage and child support while my ex-husband was MIA for decades. He will only sell his share in our house to our daughters. What can I do? Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

My brother promised to sell me his home. I rented it and spent $20,000 on drywalling. Then he sold it to someone else. Do I have any recourse?

In 2014, I was renting a three-bedroom duplex home from my brother located in Spring, Texas. Towards the end of 2015 I remarried. In late 2016 or early 2017, my brother said he would sell me the home for $55,000. I agreed.  In August 2017, Hurricane Harvey struck Houston and the surrounding areas with 48 …

My brother promised to sell me his home. I rented it and spent $20,000 on drywalling. Then he sold it to someone else. Do I have any recourse? Read More »

I want to retire to the San Diego coast. My son wants to invest in real estate. Should I rent a home from him, and rent our $2.5M San Francisco pad to our son?

I want to retire to the San Diego coast. My son wants to invest in real estate. Should I rent a home from him, and rent our $2.5M San Francisco pad to our son?

My husband and I are both retired. My husband is collecting Social Security at 64 years of age, while I’m waiting to collect mine at 70 years (which will be in another four years). We are fortunate to have owned a house since 1999 in one of the hottest markets in the San Francisco Bay Area. It would …

I want to retire to the San Diego coast. My son wants to invest in real estate. Should I rent a home from him, and rent our $2.5M San Francisco pad to our son? Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

My brother-in-law is executor of my late father’s $9 million estate and refuses to give us a full accounting. What can we do?

Dear Quentin, My dad died last year. My sister has power of attorney, and is now the executor of my father’s estate. My sister’s husband has taken on the role of managing my parents’ estate, which is worth $9 million. Last year, the estate made about $300,000, which is very low.  My sister and brother-in-law …

My brother-in-law is executor of my late father’s $9 million estate and refuses to give us a full accounting. What can we do? Read More »

I earn $35K, have $20K in credit-card debt, and $200K in stock. I dream of turning my studio into a rental unit and building a pool

‘I think they did it on purpose’: My dad and stepmother caught COVID-19 from her family — now he’s dead, and she’s in assisted living with her assets under their control

My father married a wonderful lady about three years ago; both were widowed and in their 70s and 80s. The woman was well off — not rich, but having several rental properties, investments and cash on hand. My father was comfortable and had no financial concerns, and was able to afford vacations and other things …

‘I think they did it on purpose’: My dad and stepmother caught COVID-19 from her family — now he’s dead, and she’s in assisted living with her assets under their control Read More »

The ‘best job in America’ pays up to $125,000 a year — and has 10,000 job openings

The ‘best job in America’ pays up to $125,000 a year — and has 10,000 job openings

Most people want to find a job that keeps up with inflation and provides some level of work-life flexibility, but they also want to be happy. After all, most Americans spend at least eight hours a day working — and often without paid time off. It’s the $125,000 question in an increasingly unpredictable labor market: …

The ‘best job in America’ pays up to $125,000 a year — and has 10,000 job openings Read More »