Ask an Expert

June 30, 2020
Is 58 too late to try to buy a home?

Submitted by Darlene D. For many people, homeownership is an essential part of achieving the American Dream. I applaud you for pursuing your home ownership goals. In my professional opinion, it’s never too late to buy a home as long as you can afford the mortgage. With modern health advances, people live much longer. So…

June 17, 2020
Are there debt consolidation companies for poor credit scores?

Submitted by Sara K. A Debt Management Plan (DMP) that is offered by a non-profit credit counseling agency can be an excellent tool for getting out of debt. Anyone can use these plans, whether they have poor credit or great credit. Credit cards, collections, and medical debt are eligible for these programs. How a Debt…

April 25, 2020
I own a home, but I would like to move and rent out my home. What’s my best option?

I own a home that I bought only two years ago. In five years, I would like to relocate to Nevada. I’d like to rent out my existing home to have some net income, but I also would like to purchase another home in Nevada. I have no savings for a down payment for the…

March 15, 2020
Do I need to file a tax return if my only income is Social Security?

Submitted by anonymous. That’s a great question, as many Americans’ only source of income is Social Security. Social Security income is taxed for federal and state income tax purposes. If your earned income exceeds IRS 2019 filing guidelines,...

May 02, 2020
Something I ordered online was sent to the wrong address. What can I do?

I ordered stuff on Amazon and it was sent to a wrong address. I made a dispute with my bank, but they closed the dispute. They want me to pay to have this taken off my credit card statement. But I don’t believe that I owe them. What can I do? Submi...