Artwork

Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Six Student Loan Loopholes that Borrowers can Take Advantage Of

51:00
 
Share
 

Manage episode 302277350 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Feeling helpless when it comes to your student loans?

  continue reading

295 episodes

Artwork
iconShare
 
Manage episode 302277350 series 2471867
Content provided by Travis Hornsby. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Travis Hornsby or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Feeling helpless when it comes to your student loans?

  continue reading

295 episodes

Wszystkie odcinki

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide