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Amelia Josephson

Mortgage, Home Buying and Credit Card Expert

Amelia Josephson is a writer passionate about covering financial literacy topics. Her areas of expertise include retirement and home buying. Amelia's work has appeared across the web, including on AOL, CBS News and The Simple Dollar. She holds degrees from Columbia and Oxford. Originally from Alaska, Amelia now calls Brooklyn home.

Posts by Amelia Josephson:

by Amelia Josephson Jan 29, 2019

If you own an investment property and collect rent from your tenants, it’s important to declare that rental income on your taxes. You can, however, deduct expenses you incur to maintain your rental property. In other words, becoming a landlord for the first time will make filing your taxes more complicated. Read on to find out more about the taxes on rental income.  Read more

by Amelia Josephson Jan 18, 2019

In December 2017, President Trump signed the new tax plan into law. This new plan changed the federal income tax brackets for the 2018 tax year, which you will file in early 2019. (If you’re preparing for next year, you can read this article for all of the details on the Trump tax plan and how it could impact you.) Let’s take a look at the federal income tax brackets for the 2018 tax year. Read more

by Amelia Josephson Apr 13, 2018

Think you want to help people manage their money and meet their financial goals? If so, you may be wondering how to become a financial planner. The process for becoming a financial planner varies depending on what kind of planner you want to be. Let us walk you through your options.  Read more

by Amelia Josephson Aug 08, 2018

The federal minimum wage has been $7.25 since 2009. In many states, it’s the federal minimum wage that holds sway. However, some states, counties and cities have enacted their own laws establishing a… Read more

by Amelia Josephson Jul 09, 2018

Military veterans with disabilities have access to special government grants. One such grant is the HISA grant, which veterans with disabilities can use to make their homes accessible. Read on to… Read more

by Amelia Josephson Jul 07, 2017

SAH grants are flexible grants from the Department of Veterans Affairs (VA). VA offers SAH grants to veterans and servicemembers with certain service-related disabilities. Qualifying veterans can use… Read more

by Amelia Josephson Jul 03, 2017

SHA grants are grants available to servicemembers and veterans with certain kinds of service-connected disabilities. The Department of Veterans Affairs (VA) offers SHA grants to help veterans adapt… Read more

by Amelia Josephson Aug 20, 2018

The title of certified financial planner® (CFP) carries a lot of weight. It indicates that the bearer has put the time and work into obtaining CFP certification. Anyone can say they can help you with… Read more

by Amelia Josephson May 31, 2018

Looking for a financial advisor can be a tricky task. It’s hard to know what kind of financial advice you need, and how much you should pay for that advice. One important distinction to understand is… Read more

by Amelia Josephson Apr 26, 2018

Many of us have dreamed of moving to California and enjoying what the Golden State has to offer. But not all California destinations are equally desirable. SmartAsset crunched the numbers to find the… Read more

by Amelia Josephson May 15, 2017

If you read the fine print of credit card offers, you’ll notice that credit card companies say their interest rates are variable. That means they can change in response to changes in the Prime Rate.… Read more

by Amelia Josephson Aug 20, 2018

If you’re buying a home it’s a good idea to get pre-approved for a mortgage. That way, you’ll know roughly how much banks are willing to lend to you and you won’t get your heart set on a property… Read more

by Amelia Josephson Feb 28, 2018

Transferring money is easier than it used to be, but it can still be a difficult and expensive chore. When you’re transferring money you probably want to maximize security and convenience while… Read more

by Amelia Josephson May 01, 2017

According to a 2016 World Bank report, $56.3 billion in remittances left the U.S. in 2014. What are remittances? Remittances are monies that someone living in a foreign country sends home. Let’s take… Read more

by Amelia Josephson Jan 30, 2019

The state and local tax (SALT) deduction allows taxpayers of high-tax states to deduct local tax payments on their federal tax returns. The new tax plan signed by President Trump, called the Tax Cuts… Read more

by Amelia Josephson May 08, 2017

Do you still need to pay for mortgage insurance if you get a VA loan? The short answer is no. There is no monthly mortgage insurance with VA loans. Unlike regular loans, which require mortgage… Read more

by Amelia Josephson Jul 09, 2018

If your debts are getting you down you may be wondering if a debt settlement is the right move. Settling with your creditors can be a life-changing event, freeing you from debt collectors’ calls and… Read more

by Amelia Josephson Apr 21, 2017

If credit card debt has got you down or you’re committed to earning as many credit card points as you can, you may be wondering whether you can pay a credit card with a credit card. The short answer… Read more

by Amelia Josephson Apr 20, 2017

DD Form 214 is your report of separation from the Armed Services. DD Form 214 isn’t just a formal document – it’s a document you’ll need to access a range of services for veterans, services like VA… Read more

by Amelia Josephson May 18, 2018

Looking for an affordable home? If so, you may be wondering whether buying a pre-foreclosure home could help you land a bargain on your home purchase. Browsing real estate listings will show you that… Read more

by Amelia Josephson Aug 30, 2017

Have you ever wanted to make an online purchase but worried that your credit card number could fall into the wrong hands? If so, you might be interested in a virtual credit card. With a virtual… Read more

by Amelia Josephson Jun 25, 2018

Repossessed houses are houses that have fallen into default. If a homeowner can’t keep up with his or her mortgage payments, the bank may repossess the home. This process is also known as foreclosure… Read more

by Amelia Josephson Aug 20, 2018

Your credit limit determines how much you can charge to your credit card before you start racking up interest. In combination with how much you spend, your credit limit also determines your credit… Read more

by Amelia Josephson Jun 19, 2018

It’s a loan officer’s job to decide which would-be borrowers are eligible to proceed to loan underwriting. The loans in question could be mortgages, small business loans or personal loans. Loan… Read more

by Amelia Josephson May 11, 2017

“No-doc loan” is mortgage-speak for a home loan that requires only limited income documentation from applicants. Normally, applicants for mortgages disclose their income, assets and employment status… Read more