What the heck is depreciation recapture, or unrealized depreciation, or unrecaptured depreciation? You’ve owned a rental property for a few years, and it’s worked out pretty well. You’ve made a little bit of money most years. You’re looking forward to cashing out the profits! And then you get the tax bill. Oh my! You now… | Read More… The post Understanding Depreciation Recapture Taxes on Rental Property appeared first on KateHorrell.

The Singapore Savings Bonds (SSB) September 2026 issue pays 1.52% in the first year and a 2.25% average over 10 years. Both rates are up from August. Here’s where that sits historically, whether this issue is worth it, and the idle-cash options paying more right now. The post Singapore Savings Bonds (SSB) Sep 2026: Year 1 (1.52%), 10-Year (2.25%) & Results appeared first on Turtle Investor.

Below, find a Dividend Income Calculator that projects the dividend income on a US-listed stock, ETF, or mutual fund. Model reinvestment or cash payouts, monthly contributions, estimated dividend taxes and inflation, and set a monthly income goal for that security to project a target date. Dividend income calculator Interactive Content Here: Visit on DQYDJ to view. Using the calculator Enter a stock, ETF, CEF, ADR, or mutual fund ticker and the parameters of your scenario, […]

The Vanguard High Dividend ETF (ticker VDY.TO) has accelerated its outperformance over the TSX Composite (XIC.TO). In 2026 VDY has more than doubled up on the returns of the TSX at 26.2% vs 10.1%. VDY is concentrated in Canadian financials. Energy then chips in, in a meaningful way. From 2021, financials and energy have greatly outperformed. That has lifted the Canadian stock market, but more so the Canadian high dividend ETFs such as VDY.TO, iShares […]

Don’t miss an episode of our podcast, Personal Finance for Long-Term Investors. Available on all podcast players. Here’s the latest episode: A reader wrote in to me last week explaining his DIY retirement plan. His plan involved Roth conversions. No problem so far. Roth conversions create taxes. Indeed, unavoidable. And his plan was to pay those taxes via withholding dollars from the Roth conversion. Hold up! Withholding and Roth Conversions Withholding tax is money that an employer (or other payer) deducts from your income and sends directly to the IRS. It’s a preemptive payment toward your annual income tax. Most of us are familiar with withholding in our normal W2 paychecks. In the case of Roth conversions, withholding is money that your custodian (Schwab, Fidelity, etc.) deducts from the conversion amount and sends directly to the IRS. Rather than 100% of your dollars ending up in your Roth account, you get 100% minus your tax rate. By electing this withholding choice, you are using qualified Roth IRA dollars to pay your taxes. That could probably be the end of the article right there. Would you rather pay your taxes using regular bank dollars? Or using Roth IRA dollars? It’s a clear choice. But numbers will help us clarify further. Two Simple Roth Conversion Scenarios Let’s say you convert $10,000 in the 12% Federal bracket. You also have a normal bank account with $50,000 in it. Scenario 1: You withhold your taxes from the conversion.  You convert the $10,000. You withhold $1200. Only $8800 ends up in Roth.  You still have $50,000 in the bank.  Scenario 2: You use bank dollars to pay the tax bill.  You convert the $10,000. All $10,000 ends up in your Roth.  You now have $48,800 in the bank.  The Difference is Clear There’s a $1200 difference between the scenarios.  That $1200 either ends up in your bank account or in your Roth IRA. I know which one I’d prefer, and it’s not even close. It’s the Roth! In fact, you could easily argue that withholding taxes from your Roth conversion is so inefficient that it’s actually worse than never having done the conversion in the first place. Are you 59 Yet? Because It Gets Worse… If you’re younger than 59.5, then today’s idea is even worse for you. Early withdrawals from IRAs and 401ks typically come with a 10% penalty tax. Roth conversions are not considered an early withdrawal. Roth conversions are safe. BUT…if you withhold taxes from your Roth conversion, then that withheld portion is not considered a conversion. It’s considered a distribution. An early distribution. Subject to a 10% penalty. You owe extra taxes on the money you withheld to pay taxes. It’s taxes all the way down. You do not want to do this. What To Do Instead When you make a Roth conversion, you’ll want to pay the tax