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You Searched For "rent with parents to save tax" and got 20 results


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3 mins read

After getting laid off back-to-back, I now depend on my mom to pay rent

I was the youngest of my siblings and my mom worked hard to spoil me. When I was employed, I made s…

Tonja Renée Stidhum   


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3 mins read

I moved 1,800 miles and took a 20% pay cut to live near my parents. It's a high-cost area, but they get to see our kids.

Family moved from Texas to Massachusetts, accepting a pay cut and higher living costs, in exchange …

Jane Ridley   


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3 mins read

Living with my parents in Hawaii helped me afford the most expensive state. It was the best option for me after graduating.

Living with her parents after college has given her the opportunity to learn about personal finance…

Abby Sadoy   


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4 mins read

We have 5 kids and live on my husband's public school salary. We have no way of saving for their college education.

My husband is a public school teacher and I'm a freelancer. While money is tight, we are trying to …

Chaunie Brusie   


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3 mins read

I'm 31 and I live with my parents and grandmother. I'm not ashamed of it, and I love my multigenerational household.

I'm 31 and live with my parents and grandmother. It wasn't always my plan to move back home, but I …

Ces Heredia   


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7 mins read

Gen Z is living with their parents to save money. But it's going to cost them, big time.

Sky-high rent is forcing Gen Z to live at home. But while millennials were called lazy for living w…

Eve Upton-Clark   


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1 min read

Jeff Bezos' Miami move could save him $600 million in taxes on stock sale

The Amazon founder plans to sell 50 million Amazon shares by January 2025. His relocation to Miami …

Tom Carter   


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4 mins read

Home loan tax deductions: Self-occupied vs rented, the differences

Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…

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5 mins read

Jeff Bezos says he's moving to Miami to be near his parents and neglects to mention the millions it could save him in taxes

Jeff Bezos is moving from Seattle to Miami with fiancé Lauren Sanchez. What loving son wouldn't wan…

Katie Notopoulos,Alistair Barr   


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3 mins read

I moved in with my parents after being diagnosed with cancer. As a Gen Zer, I felt ashamed to go back.

I was living my dream until I was diagnosed with breast cancer and chose to move back with my paren…

Rachel Hunt   


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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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6 mins read

Meet the new moms using up to $700 in monthly basic income to afford childcare. It could be the answer to helping parents stay employed.

Guaranteed basic income helps some parents pay for childcare — participants and experts say it lead…

Allie Kelly   


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4 mins read

I moved to South Korea to save money for a year. When I returned to the US, I hated it and ran back to Asia.

I moved from the US to South Korea to teach English and escape my high cost of living while paying …

Krissi Driver   


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4 mins read

I spent my early 20s renting in expensive US cities. Life isn't cheaper for me in the suburbs, but it's better and more fun.

I spent most of my 20s renting in New York City and Jersey City. At 27, I moved to the Pennsylvania…

Amory Rose   


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3 mins read

I'm 30 years old and only make enough money to cover the essentials. I rely on my parents to pay for fun things.

I rely on my parents to pay for fun things like going out to dinner or getting fancy IPA beers. I c…

Zach Moser   


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2 mins read

Opted for the new tax regime? Here are the allowances and deductions you can still avail

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…

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3 mins read

Don't do your taxes yet. Parents and businesses could benefit from last-minute changes in Congress.

A bipartisan group of lawmakers is considering bringing the expanded Child Tax Credit back, along w…

Ayelet Sheffey,Juliana Kaplan   


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5 mins read

My parents struggled in blue-collar jobs. Paying off their mortgage and retiring them is my proudest achievement.

Simmy Dhillon's parents worked blue collar jobs to support the family. At age 27, Dhillon has now r…

Charissa Cheong   


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4 mins read

My brother drowned trying to save someone else on the Fourth of July. I dread the holiday every year.

My family had a reunion on the Fourth of July in 1990, and my brother drowned. Ever since he died, …

Janet Funk   


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4 mins read

I grew up poor and now make 5 times what my parents did. I help pay their bills without sacrificing my own money goals.

Viviana Vazquez broke into tech and earns more than $150,000 a year. She helps her family financial…

Viviana Vazquez