What Is Tax-Loss Harvesting?
Key Takeaways Tax-loss harvesting involves offsetting capital gains with capital losses so that little or no capital gains tax comes due.Investors might intentionally sell some securities at a loss to…
What Is Current Cash Value?
Definition and Example of Actual Cash Value Actual cash value (ACV) is how an insurance company measures a property's worth at a given moment in time. It accounts for depreciation.…
What It Means for a Stock to Be Overweight
If you've ever read a report from an investment analyst, you may have seen stocks described as “overweight.” It can be a confusing term. Most people are used to seeing…
What Are Fungible Investments?
Key Takeaways Fungible investments can be bought and sold on different exchanges.Fungible trading works when you can buy/sell on one exchange, and sell/buy on another exchange, netting your share position…
What Is Elder Law?
Key Takeaways Elder law is a field of law that focuses on legal issues that affect older individuals.Major areas of elder law include disability and special-needs planning, long-term care planning,…
Alternatives to a Home Equity Loan
A home equity loan, or second mortgage, allows you to withdraw the equity you've built up in your home so you can use the cash to make repairs to your…
What Is an Unrecaptured Section 1250 Gain?
Key Takeaways A higher unrecaptured Section 1250 tax rate applies to long-term capital gains for which a taxpayer has previously claimed depreciation.The IRC requires that claimed depreciation must be factored…
Terri Huggins – The Balance
Highlights More than 10 years of experience as a journalist covering topics like personal finance, parents, and mental health Former marketing and communications professional at a real estate companyHost of…
Peter Lauria – The Balance
Highlights Has more than 20 years of experience as a business writer and editor, covering everything form the business of media to high-level economicsFormer editor in charge of technology, media,…
What Are Series HH Savings Bonds?
Key Takeaways Series HH savings bonds were a type of Treasury bond that directly deposited interest payments into an investor's account.These bonds matured after 20 years and paid interest every…