Next year, for one year only, the federal estate tax is to drop to zero, thanks to a GOP bill passed in 2001. But will today’s Democrat-controlled Congress let that happen?
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Next year, for one year only, the federal estate tax is to drop to zero, thanks to a GOP bill passed in 2001. But will today’s Democrat-controlled Congress let that happen? Fears of the inflation monster are beginning to creep in even as wages are largely stagnant and some prices are dropping. It’s time for an inflation game plan. Having a letter of preapproval can remove a lot of obstacles to homebuying, but the process isn’t as simple as it used to be. Preparation and caution are advised. A steady income and zero debt are no guarantees. If you have no credit history, banks and stores aren’t likely to take a chance on you. You don’t need plastic to establish credit, but you do need a good credit history even if you don’t intend to borrow. Here are 7 tips — plus 4 traps to avoid. With no guarantee of an extension of the $8,000 tax credit, first-time buyers must aim to close before Nov. 30. Here’s how to find a home and buy it quickly. |
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