#tax-implications

#tax-implications

The JPMorgan Nasdaq Equity Premium ETF ( NASDAQ:JEPQ) is a case study in higher yields not always being better for investors. On the surface, JEPQ's 9.96% SEC yield looks like a compelling opportunity for investors. If you invest $100,000 into the fund, you will receive $9,960 in annual cash flow. Most dividend stocks and funds can't keep up with that type of yield.

The news, dropped in the most millennial-coded way possible, a joint Instagram post, broke smack in the middle of the work day. And *millions* (yours truly included) found it difficult, to say the least, to focus on work while speculating with the respective group chats about the potential details of America's royal wedding. And Monroe knew that. So she gave folks the afternoon off.

Your primary residence qualifies for certain government-backed loans and has different tax implications compared to a second home or vacation home, making it important for homeowners to understand.

Most homeowners qualify for a capital gains exclusion of up to $250,000 (individual) or $500,000 (married couple) if they meet residency requirements.

In New York, 46.1% of homeowners possess home equity that exceeds IRS capital gains tax exclusions, leading to potentially significant tax liabilities upon sale.

In New Hampshire, 50% of homeowners have more home equity than the IRS exclusion for capital gains tax, with 9.3% of married couples exceeding the $500,000 limit.

A side hustle can provide extra income but achieving significant earnings often requires specialized skills and an understanding of tax implications.