Ga offline met de app Player FM !
Six Student Loan Loopholes that Borrowers can Take Advantage Of
Manage episode 302277350 series 2471867
In this episode’s consultant takeover, Molly Laughter, MBA CFA, CFP®, and Meagan Landress, CSLP®, dive deep into the student loan repayment loopholes that are available for borrowers — depending on certain factors such as family situation and where they live. Molly and Meagan also discuss tax implications, including those for individuals or families who live in a community property state versus those who don’t, as well as for those who live abroad and earn foreign income.
In today’s episode, you'll find out:
- The ins-and-outs of the Double Debt Loophole
- Defining Community Property States
- Taking advantage of the Breadwinner Loophole
- How the Reverse Breadwinner Loophole can help borrowers
- Why a competent tax professional is crucial for student loan repayment
- Understanding the Foreign Earned Income Exclusion for those living abroad
- How the REPAYE Interest Subsidy works
- What to know about the Double Consolidation Loophole for Parent PLUS Loans
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Google Podcasts
- Leave an honest review on Apple Podcasts
- Follow on Facebook, Twitter, or LinkedIn
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
294 afleveringen
Manage episode 302277350 series 2471867
In this episode’s consultant takeover, Molly Laughter, MBA CFA, CFP®, and Meagan Landress, CSLP®, dive deep into the student loan repayment loopholes that are available for borrowers — depending on certain factors such as family situation and where they live. Molly and Meagan also discuss tax implications, including those for individuals or families who live in a community property state versus those who don’t, as well as for those who live abroad and earn foreign income.
In today’s episode, you'll find out:
- The ins-and-outs of the Double Debt Loophole
- Defining Community Property States
- Taking advantage of the Breadwinner Loophole
- How the Reverse Breadwinner Loophole can help borrowers
- Why a competent tax professional is crucial for student loan repayment
- Understanding the Foreign Earned Income Exclusion for those living abroad
- How the REPAYE Interest Subsidy works
- What to know about the Double Consolidation Loophole for Parent PLUS Loans
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Google Podcasts
- Leave an honest review on Apple Podcasts
- Follow on Facebook, Twitter, or LinkedIn
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
294 afleveringen
كل الحلقات
×Welkom op Player FM!
Player FM scant het web op podcasts van hoge kwaliteit waarvan u nu kunt genieten. Het is de beste podcast-app en werkt op Android, iPhone en internet. Aanmelden om abonnementen op verschillende apparaten te synchroniseren.