Online CD’s?

[not-so-average-joe]

http://www.fatwallet.com/t/52/682884/

[not-so-average-joe]

http://www.fatwallet.com/t/52/682884/

[bubba99]

I looked at EverBank’s website, and they advertise that they charge up to 1% above the days currency trading rate to convert US$ to euros or pounds, etc.

What was your experience in terms of actual “premium” on days exchange rate?

A % on top, and a % when you sell, wipes out a lot of capital

[bubba99]

I looked at EverBank’s website, and they advertise that they charge up to 1% above the days currency trading rate to convert US$ to euros or pounds, etc.

What was your experience in terms of actual “premium” on days exchange rate?

A % on top, and a % when you sell, wipes out a lot of capital

[bubba99]

I looked at EverBank’s website, and they advertise that they charge up to 1% above the days currency trading rate to convert US$ to euros or pounds, etc.

What was your experience in terms of actual “premium” on days exchange rate?

A % on top, and a % when you sell, wipes out a lot of capital

[bubba99]

I looked at EverBank’s website, and they advertise that they charge up to 1% above the days currency trading rate to convert US$ to euros or pounds, etc.

What was your experience in terms of actual “premium” on days exchange rate?

A % on top, and a % when you sell, wipes out a lot of capital

[seattle-relo]

Capital Gains Tax for people going through foreclosure.
Some of you might remember that I am working with a couple tht is going through foreclosure. One issue that people haven’t talked about is not debt forgiveness, but capital gains tax. Does anyone have info about this? I guess if you have nonrecourse loans you don’t pay debt forgiveness tax, but you might pay capital gains. Do you know how one figures out the capital gains tax? I think you subtract the adjusted basis from the debt, how do you determine the adjusted basis? Is this a negative for those who owe more than their property is worth? Let’s say you owe 600 for your place, you paid 630, and now it can only sell for 5550. Would there be capital gains tax owed to the IRS?

Thanks

[seattle-relo]

Capital Gains Tax for people going through foreclosure.
Some of you might remember that I am working with a couple tht is going through foreclosure. One issue that people haven’t talked about is not debt forgiveness, but capital gains tax. Does anyone have info about this? I guess if you have nonrecourse loans you don’t pay debt forgiveness tax, but you might pay capital gains. Do you know how one figures out the capital gains tax? I think you subtract the adjusted basis from the debt, how do you determine the adjusted basis? Is this a negative for those who owe more than their property is worth? Let’s say you owe 600 for your place, you paid 630, and now it can only sell for 5550. Would there be capital gains tax owed to the IRS?

Thanks

[seattle-relo]

Capital Gains Tax for people going through foreclosure.
Some of you might remember that I am working with a couple tht is going through foreclosure. One issue that people haven’t talked about is not debt forgiveness, but capital gains tax. Does anyone have info about this? I guess if you have nonrecourse loans you don’t pay debt forgiveness tax, but you might pay capital gains. Do you know how one figures out the capital gains tax? I think you subtract the adjusted basis from the debt, how do you determine the adjusted basis? Is this a negative for those who owe more than their property is worth? Let’s say you owe 600 for your place, you paid 630, and now it can only sell for 5550. Would there be capital gains tax owed to the IRS?

Thanks

[seattle-relo]

Capital Gains Tax for people going through foreclosure.
Some of you might remember that I am working with a couple tht is going through foreclosure. One issue that people haven’t talked about is not debt forgiveness, but capital gains tax. Does anyone have info about this? I guess if you have nonrecourse loans you don’t pay debt forgiveness tax, but you might pay capital gains. Do you know how one figures out the capital gains tax? I think you subtract the adjusted basis from the debt, how do you determine the adjusted basis? Is this a negative for those who owe more than their property is worth? Let’s say you owe 600 for your place, you paid 630, and now it can only sell for 5550. Would there be capital gains tax owed to the IRS?

Thanks

[seattle-relo]

sorry, I meant to put that in a new topic…sometimes I forget how to do that. oops

[seattle-relo]

sorry, I meant to put that in a new topic…sometimes I forget how to do that. oops

[seattle-relo]

sorry, I meant to put that in a new topic…sometimes I forget how to do that. oops

[seattle-relo]

sorry, I meant to put that in a new topic…sometimes I forget how to do that. oops

[Raybyrnes]

waitingpatiently

If you ahve a WAMU account you can simply take advantage of their MMA’s that are paying 5%. The benefit of this is that if you ahve a WAMU account you cn move the money same day from checking or savings to the MMA. IF you are using other accoutns as secondary to your bank accounts you lose 3 days of earned interest while the money is in transit.

Anoth place to take a look is through COSTCO. They ahve a partnership set up with capital one that is paying over 5%.

I would also advise comparing this to CA Tax Free Muni bond funds offered through discount brokerage adn comparing the tax free rate vs the taxable accounts.

[Author]

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