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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 »

DoorDash stock bounces back from record intraday low, Airbnb avoids biggest stock drop ever

DoorDash stock bounces back from record intraday low, Airbnb avoids biggest stock drop ever

Like the broader stock markets, gig-economy companies staged a comeback of sorts to close out Monday’s volatile session, but not before DoorDash Inc. shares hit an all-time low and Airbnb Inc. flirted with its steepest drop on record. Major U.S. stock markets and indexes, which plunged in early trading due to a combination of factors …

DoorDash stock bounces back from record intraday low, Airbnb avoids biggest stock drop ever 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 »

Dow ends more than 500 points lower as stocks sink amid rising Treasury yields and a Goldman earnings miss

Dow ends more than 500 points lower as stocks sink amid rising Treasury yields and a Goldman earnings miss

All three major U.S. stock benchmarks closed sharply lower Tuesday, with losses led by the technology-laden Nasdaq Composite Index, as the high-growth tech sector fell under pressure from climbing Treasury yields and investors began digesting a busy week for company earnings. A blockbuster tech deal was also in the spotlight, after Microsoft Corp. MSFT said …

Dow ends more than 500 points lower as stocks sink amid rising Treasury yields and a Goldman earnings miss 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 »

Get ready for the climb. Here's what history says about stock-market returns during Fed rate-hike cycles.

Get ready for the climb. Here’s what history says about stock-market returns during Fed rate-hike cycles.

Bond yields are rising again so far in 2022. The U.S. stock market seems vulnerable to a bona fide correction. But what can you really tell from a mere two weeks into a new year? Not much and quite a lot. One thing feels assured: the days of making easy money are over in the …

Get ready for the climb. Here’s what history says about stock-market returns during Fed rate-hike cycles. Read More »