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Personal Finance & Money : Recent Questions and Answers (Page 20)

Find answers to your questions about Personal Finance & Money or help others by answering their Personal Finance & Money questions.

Freelance income from different currencies (UK)

I have a UK day work and also do some freelance stuff. I will start to work as a freelance for a Swiss university and for a Canadian organisation. I...

Asked on 09/30/2021

1 answer

VEF/USD trading option

Does there exist a VEF/USD (Venezuelan bolivar) spot or derivative market on any public exchange?...

Asked on 09/30/2021

1 answer

Is 401(k) plan without any matching like an IRA?

I might take a software contracting job, and the agency has a 401(k) plan, but just 0% matching. But it seems a little bit weird: what does it mean, is...

Asked on 09/30/2021

2 answer

If I invest in my friend's trading based company that signs a contract to a fixed RoI can the gains be treated as long term if I leave it for a year?

So my friend has a company that seeks investments from friends and family (possibly other acquaintances too). They invest these funds into stocks, etfs, derivatives, etc using their patented algorithms...

Asked on 09/30/2021

1 answer

How to avoid the $800 minimum franchise tax as a California resident with out-of-state business?

Assume a California resident sets up an out-of-state trust, which in turn is the only member (and manager) of an out-of-state LLC for business in another state (e.g. holding rental...

Asked on 09/30/2021 by R C

1 answer

How much liability coverage do I need for my car insurance?

My auto insurance policy is up for renewal soon, and I want to make sure I have the right amount of liability insurance. Currently we (my husband and I) have...

Asked on 09/30/2021 by lizziv

2 answer

What is a fair way to split the profits for a co-owned property?

Seeking out some financial guidance... My partner and I recently purchased a home with my sister and brother-in-law. All spaces will be shared with the exception of bedrooms. We will...

Asked on 09/30/2021

6 answer

Why do people buy US dollars on the black market?

I was reading news articles about people in Venezuela and Iran getting a poor exchange rate for US dollars on the black market. Why do these people...

Asked on 09/30/2021 by user5621

4 answer

Income code 42 from 1042-S

Trying to file income taxes and the code in box 1 on my 1042-S is 42 (earnings as an artist...) do you recommend entering this amount as “other income” or...

Asked on 09/30/2021

0 answer

How are stock brokers' order routing reports useful to the retail investor?

The SEC requires stock brokers to regularly publish an "order routing report" †. I see that Robinhood has published its report for Q4 2020: RHS SEC Rule...

Asked on 09/30/2021

0 answer

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