Mortgage, Home Buying, Savings and Retirement Expert
Nina Semczuk is a Certified Educator in Personal Finance® (CEPF®) and a member of the Society of American Business Editors and Writers. She helps makes personal finance accessible as a Writer/Editor and homebuying expert for SmartAsset. Nina started her path toward financial literacy at fourteen after filling out her first W-4 and earning her first paycheck. Since then, she's navigated the world of mortgages, VA loans, Roth IRAs and the tax consequences of changing states or countries at least once a year. Nina specializes in mortgage, savings and retirement education. Nina is a graduate of Boston University and served as an officer in the military for five years. Find her work on The Muse, Business Insider, Fast Company, Forbes and around the web.
Posts by Nina Semczuk:
In late December, President Trump signed sweeping tax legislation into law. Under the new law, taxpayers can only deduct $10,000 in combined property taxes and other state and local taxes (SALT) from their federal taxes. This change will go into effect in January 2018, meaning it will impact the 2018 taxes that you file in April 2019. The cap on the SALT deduction is a cause for concern for many homeowners in high-tax states. To lessen the impact, some of these homeowners are eager to prepay property taxes for 2018 by December 31 in order to deduct them from their 2017 tax bill. Read more
Veterans who want to take out a mortgage backed by the Department of Veterans Affairs must prove that they qualify for the home loan program. There are certain requirements to meet as well as paperwork to complete for qualification. If you meet the criteria, you’ll receive a Certificate of Eligibility (COE) that shows a mortgage lender that you’re eligible for a VA loan. In order to receive a COE, you need to submit VA Form 26-1880 through the mail or apply online through the eBenefits portal. Read more
Some of us like to maximize our tax return. That can mean filing taxes yourself to save on tax preparation fees, or, using an online option to save costs. While online filing is certainly more affordable than many in-person tax services, in many cases, you don’t even have to pay for the basic level. That means you have several excellent options for free online tax software. Read more
Whether you’re buying a house for yourself or as an investment, one factor to consider is the long-term value of the home. Housing market growth is a way to determine if you’ll get a return for your… Read more