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An S corp is an organization that has chosen to pass its tax burden to its shareholders, rather than report income, losses, deductions and credits directly to the Internal Revenue Service (IRS).
Hard money loans are a type of short-term mortgage loan that's secured by a property. They can also be referred to as bridge loans. You might consider a hard money loan if you're interested in ...
Reverse mortgages allow homeowners 62 and older to convert home equity into cash. The loan is repaid when the homeowner moves out or passes away. Interest accumulates, reducing home equity over time.
Patrick Jean has been a contributing editor for Investopedia since 2021. He came from Grammarly, where he served as a writing expert, and has 20 years of experience as a copy editor, writer, and ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
There are people who believe Medicare is headed toward privatization. Privatization of Medicare could have various pros and cons. The debate over the privatization of Medicare has been ongoing for ...
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Offset Mortgage: Definition, Pros and Cons, Examples
Homeowners use offset mortgages to reduce the amount of interest they pay by applying their savings balance against their mortgage debt. While this strategy can be beneficial for some, this type of ...
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