Mar

15

Will my bad credit affect my fiance when we get married?

Filed Under United States | 6 Comments

Bad Credit
TTC #1 <33 wrote:


I’m engaged and we have been putting off the wedding because I don’t want my bad credit to affect my fiance. Is this true? HELP!!!!
Thank you everyone.

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Feb

13

Would it be okay to file taxes jointly if I have bad credit and my wife has excellent credit?

Filed Under United States | 4 Comments

Bad Credit
least_likely2 wrote:


I want to file jointly because we are going to get more refund. But I heard that if we file jointly creditors can come after my wife because of my bad credit. Is this true? Please note that most of my bad credit was before we were married. I only have a couple items that went in collection after we were married. I can easily pay them off. Any advise would be greatly appreciated.

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Oct

2

What is the tax treatment for a second house that my daughter is using?

Filed Under United States | 3 Comments

bflblzmjp wrote:


My daughter’s credit is currently bad due to a divorce. My wife and I bought a condo in our name that she is living in. Mortgage and title are in our name. She lives there and pay’s for everything. Once her credit is restored we are going to sell it to her or put her on the title and let her refiance it in her name. In the meantime how do we treat this for tax purposes? Do we treat it like a rental and take depreciation, expenses etc. Can we treat it as a second home (It is in the same town we live in) and deduct interest property tax etc. Thanks in advance for your help

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