Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Related Finance Questions
I sold my home to my daughter and her husband in 2015. I bought
I sold my home to my daughter and her husband in 2015. I bought the home over 30 years ago for 85,000 and sold it for 426,000. I did live in the home 2 of the past 5 years. My understanding is that I … read more
TaxRobin
TaxRobin
Senior Advisor
Vocational, Technical or Trade School
18,796 satisfied customers
I currently live in GA but still own a house Baltimore. I
I currently live in GA but still own a house for n Baltimore. I tried to rent it out but that was more trouble than it was worth. I put the house on the market three months ago for $90,000. We lowered… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
6,629 satisfied customers
My Daughter has mortgage that has a interest rate of over
My Daughter has mortgage that has a interest rate of over 6% and her payments for a town home is over $1500.00 a month for for a home that is worth less than what she owes.She also has PMI .My questio… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
My ex wife and I have a house in Md. Hardship has caused us
My ex wife and I have a house in Md. Hardship has caused us to fall behind in the mortgage. The bank offered to forgive the debt and they said they have to report it to the fed and state.They send us … read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,609 satisfied customers
i am going through a short sale- can i lease/rent to buy now,
i am going through a short sale- can i lease/rent to buy now, or do I have to wait 2 to 3 years?… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,815 satisfied customers
Short Sale tax Implications under Mortgage forgiveness debt
I need to talk to a cpa or a lawyer with a extensive Real Estate experience, preferably in California who has detailed experience in submitting returns requesting relief under the mortgage forgiveness… read more
Eric
Eric
Financial Manager
Bachelor's Degree
559 satisfied customers
An investment property is being foreclosed on. The invisible
An investment property is being foreclosed on. The invisible 'capital gain' I will have is around 65000 dollars. It would be a long term gain. I am head of household, 3 small children, wife and I comb… read more
Taxtom
Taxtom
Accountant
Bachelor's Degree
1,305 satisfied customers
I recently went through a foreclosure in Aug 2009 on a second
I recently went through a foreclosure in Aug 2009 on a second home in Florida. I had a first for $400K, and a second for $150K, was told that this was all purchased money by the mortgage broker. Flori… read more
Taxtom
Taxtom
Accountant
Bachelor's Degree
1,305 satisfied customers
The total cancellation of debt on the 1099-c was 28,000.
My husband and I had a successful short sale of our house last year. We were relieved because we have been paying an extra morgage for 2 years and we were slowing falling into financial ruin. We recei… read more
Taxtom
Taxtom
Accountant
Bachelor's Degree
1,305 satisfied customers
My property is on the market as a short sale. My lender told
My property is on the market as a short sale. My lender told me to contact my tax accountant regarding me having to pay taxes on the short sale. My tax accountant tells me there is a policy that was p… read more
RD
RD
Self Employed
Master's Degree
1,164 satisfied customers
I am in pre-foreclosure with my primary residence and with
I am in pre-foreclosure with my primary residence and with another property which is vacant land. I am considering doing a "short-sale" on both of these properties. If I short sale these properties, w… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
I live in Arizona and my home (primary residence) will be foreclosed
I live in Arizona and my home (primary residence) will be foreclosed on in about 2 weeks. Also, I have a Home Equity Line of Credit (HELOC) for this same property. I took out the HELOC approximately 6… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
27,631 satisfied customers
I decided that I need to foreclose on my investment property
I decided that I need to foreclose on my investment property in Bend, OR. I want to make sure I'm covering my bases to make it the least possible offense on my credit. I purchased in 2004 and lived th… read more
Dave Z
Dave Z
Self-Employed
Bachelor
418 satisfied customers
A rental property I own is at risk of foreclosure. How does
A rental property I own is at risk of foreclosure. How does a heloc get managed in a foreclosoure if it is not with the mortgage lender? How long does a foreclosure stay on my credit and how does it a… read more
Dave Z
Dave Z
Self-Employed
Bachelor
418 satisfied customers
My family and I currently live in Las Vegas. We do own a home
My family and I currently live in Las Vegas. We do own a home that is upside down. Our goal is to move back to New Jersey in the next year and a half. The current market is not allowing us to sell our… read more
The Land Advisor
The Land Advisor
Master's Degree
906 satisfied customers
How can I put some pressure on my lender to freeze my loan
How can I put some pressure on my lender to freeze my loan at its' current level(6.7%)? I called them and gave them my income/expense figures. They said my Income to debt ratio (36%) was not high enou… read more
The Land Advisor
The Land Advisor
Master's Degree
906 satisfied customers
I live in California and have a home on 5.5 acres. Our 1st ...
I live in California and have a home on 5.5 acres. Our 1st mortgage has negative am and we own $610,000. We have a 2nd HELOC for $25,000. We built this house, so these loans were done for a refi 1 yea… read more
The Land Advisor
The Land Advisor
Master's Degree
906 satisfied customers
I am a real estate agent in San Joaquin California. I have ...
I am a real estate agent in San Joaquin California. I have several clients either in foreclosure or coming to the point that they can no longer make their mtg payments. We have these homes listed for … read more
The Land Advisor
The Land Advisor
Master's Degree
906 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x