Personal Finance & Money Weekly Newsletter - Thursday, January 29, 2015

Personal Finance & Money newsletter

Top new questions this week: What would you do with a large land inheritance with high tax rate? I just inherited a couple hundred acres of pristine woodland in New England. I'm a nature-lover, so my first impulse is to keep the land as-is, letting campers, trekkers, and wildlife just use it as ... united-states inheritance property-taxes investment-property   asked by mateuz 32 votes answered by mhoran_psprep 27 votes Sales tax "trick" while buying a used car; i.e. declaring sale at lower than actual transaction value? I am selling my car and have found a potential buyer. After I transfer the vehicle ownership, the buyer will have to transfer the vehicle title to himself, and will also need to pay sales tax on the ... united-states car california fraud sales-tax   asked by punekr12 15 votes answered by mhoran_psprep 27 votes Do my kids need to file a tax return? My kids (minors) each received a gift of some stock from my wife's parents last year. The stock is in the kids' names, with my wife listed as the custodian. They each made just slightly over $100 in ... united-states income-tax utma   asked by Ben Miller 7 votes answered by jmg229 10 votes I have more than $250,000 in a US Bank account... mistake? I'm currently carrying a balance of $356,000 in one bank account, which is in excess of the FDIC insured maximum of $250,000. I owe $100,000 in 2014 taxes (which will be paid by April), and the ... united-states banking deposit-insurance fdic   asked by Fixee 7 votes answered by Joe 12 votes Can't sell my house because of HOA delinquency rate Just found out a few days before settlement on the sale of my house that most lenders will not lend funds to a buyer if the property they are purchasing is part of an HOA community where more than 15% ... home-ownership home-loan mortgage-qualification   asked by user24928 7 votes answered by Rocky 4 votes What happens to the bond ETF when the underlying bond matures When a bond matures, what happens to the corresponding bond ETF? It still keeps on going as if nothing has happened. How does this work? I guess there is some kind of rolling over happening here, but ... bonds bond-funds   asked by Victor123 6 votes answered by JoeTaxpayer 9 votes Value of credit score if you never plan to borrow again? What is the value of a good credit score if the person is so financially independent (AKA wealthy) to the extent of not ever needing to borrow money again in the form of a mortgage, car loan or credit ... credit-score   asked by amphibient 5 votes answered by Robert Cartaino 24 votes Greatest hits from previous weeks: What is the best way to accept payment when selling a used car? I plan on selling a used car via Craigslist, and I hope to get between $4-5K for it. I don't want to take a check from a stranger, but I'm concerned that no one will be willing to show up at my house ... car cash selling   asked by Matt Solnit 43 votes answered by Timo Geusch 32 votes How do rich people guarantee the safety of their money, when savings exceed the FDIC limit? I am curious how a millionaire would guarantee the safety of his money, given that the FDIC only insures up to $250K of an individual's deposits at a bank. If someone had $3 million that they wanted ... united-states risk limits deposit-insurance fdic   asked by pacoverflow 23 votes answered by mhoran_psprep 27 votes Can you answer these? Is the Investopedia simulator an accurate representation of real stock trading? So I've been trying out trading stocks on Investopedia, and I made a decent, consistent rate of return. I'm wondering if the simulator is accurate of real stock trading? What factors between the two ... trading   asked by John Doe 3 votes How to convert QFX and QIF file to Excel I have a quicken data exported to QIF and my bank data exported to QIF. How do I convert QFX and QIF file to Excel? Any Excel Addon available? I am looking for some free tools. quicken microsoft-excel   asked by CoolArchTek 1 vote Working from home in Vermont as W2 employee for employer in California. Need I file a CA tax return? I work for a company registered in CA; they have no offices in my state. I'm a W2 employee and they are withholding taxes for VT, where I reside. Will I need to file a CA income tax return? This ... united-states income-tax california state-income-tax vermont   asked by Andy 2 votes

Subscribe to more Stack Exchange newsletters Unsubscribe from this newsletter or change your email preferences by visiting your subscriptions page on stackexchange.com. Questions? Comments? Let us know on our feedback site. If you no longer want to receive mail from Stack Exchange, unsubscribe from all stackexchange.com emails. Stack Exchange, Inc. 110 William St, 28th Floor, NY NY 10038 <3