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Results tagged with pennsylvania
Search options questions only
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user 88700
Use this tag for questions related to rules and experiences specific to the State of Pennsylvania in the United States.
0
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2
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347
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I believe I have paid too much for my home, what are my options? [duplicate]
Pretty self-explanatory here. I have owned the home for just about a year; I still believe in the neighborhood's long term potential, but there is a bit of buyer's market due to COVID and it is causin …
- 2,918
2
votes
1
answer
591
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How long must I wait before applying for/receiving unemployment benefits?
I was recently informed I would be laid off. My responsibilities end this week. I am on the payroll until February. Do I need to wait until I am off payroll to apply for unemployment benefits? Or can …
- 2,918
2
votes
1
answer
2k
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Who to pay local taxes to if I have lived in multiple locations?
Pretty straightforward. I have lived in multiple locations (within same state) throughout 2020 and as a result find it a bit complicated to determine who I owe local taxes to? Do I prorate? Do I just …
- 2,918
11
votes
2
answers
5k
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Do capital gains taxes need to be paid throughout the year to avoid underpayment of estimate...
I made a decent amount in short-term capital gains in 2020. As I was filing my taxes this year, Turbotax informed me that I needed to pay a penalty for underpayment of estimated tax. I don't totally u …
- 2,918
0
votes
2
answers
235
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I fear I may be laid off soon. How do ensure additional income?
I am a highly skilled worker in the oil & gas industry. I fear I may be laid off soon because gestures at everything. I have already begun rapidly applying to a lot of jobs. Unemployment in my state, …
- 2,918
0
votes
3
answers
243
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Can I list an occupied property for rent prior to lease renewal date?
I own a property in Philadelphia, PA that I lease two tenants. Per the lease, they are required to inform me if they would like to renew the yearly lease on September 1st, one month before the end of …
- 2,918
18
votes
8
answers
13k
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Can I take out a loan and pay it back immediately to avoid interest?
Ignoring why I would do so, I am wondering if it is possible to take out a personal loan (at, say, ~6% annual interest) and then pay back the principal + any interest back within a short time (within …
- 2,918
-1
votes
1
answer
177
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Tenants seeking early termination because of safety reasons? [closed]
Tenants are looking for early termination of lease. Lease expressly states this is not allowed unless we agree on terms. Their reason is that they are fearful of the neighborhood (despite having been …
- 2,918
4
votes
1
answer
165
views
Do unearned income taxes stack on top of income tax in Philadelphia?
I am a US citizen living in the US. I am employed and make a salary. I have also had some short term capital gains, which I expect to pay regular federal and state income taxes on. Additionally, I am …
- 2,918
0
votes
1
answer
1k
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Is it appropriate for me to ask my prospective tenants about their relationship?
I am a first time landlord in the United States. I am looking to rent out my Philadelphia, PA condo to two people. Two of the applicants (applying together) are promising in terms of their financials, …
- 2,918
2
votes
1
answer
240
views
What is my responsibility as a landlord to providing internet, power, gas, and curtains?
I am a first time landlord in Philadelphia, PA with tenants moving in in two weeks. As the title suggests, I am not sure how to handle transfers of utilities to tenants. To be clear, I am not asking w …
- 2,918
10
votes
1
answer
6k
views
Will a divorce affect my co-signed vehicle?
Not sure if this question should be here or in the law exchange, but basically my dad cosigned my car loan for the purposes of rate reduction (as I had virtually no credit history at the time). My dad …
- 2,918
2
votes
1
answer
2k
views
What tax is owed on rental income in the city of Philadelphia? Do all applicable taxes only ...
I am filing out taxes for my rental property in Philadelphia, PA which I own as an individual. As far as I can tell, all applicable taxes specifically for Philadelphia are the following:
School Incom …
- 2,918
1
vote
2
answers
388
views
Is it better to have non-employer-related pet insurance if you anticipate leaving the company?
Logically, pet insurance coverage/premiums are more expensive the older the pet is when it is enrolled (higher risk factors associated with age, no preexisting conditions, etc...). I currently have my …
- 2,918
2
votes
1
answer
571
views
All up front rental payments impacting taxes?
Prospective tenant in Philadelphia, PA wants to pay for year long lease all up front. How does this impact net income and therefore taxes? Typically when paid on a monthly basis I am able to deduct de …
- 2,918