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Bonus is out for EY GDS steps to see. Goto gdsindiapayroll.greythr.com, click on IT Declaration on left. Then click on My Tax Planner at the top right. Then click create my plan then click view it calculation on bottom right then expand income here under adhoc income you should see variable performance bonus amout.
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Let’s star with you. What are your predictions/markets?
This is where I’m curious to know other people’s opinion since I’m mainly in Midwest and a couple abroad, so I’m happy to explore more.
In my personal opinion: Texas, UAE, and India. Underlying reason being the growing markets with long term stability.
Mentor
I wouldn’t bet on Texas. They saw a big boom in covid, but have had a lot of pullback due to insurance issues / spikes, as well as RTO for a lot of tech companies.
Bigger pockets says surrounding the Great Lakes, multiple states, but it feels like bottom of the barrel properties to me. I’m seeing softness in many markets, west coast, Austin, Florida, mostly rural, tourist areas. At this point I think strong job markets will hold value better. Anything outside a strong job market will have further downside. I’m preparing to deploy capital, but it may be later 2025/2026. If I buy anything in early 2025 it will be low offers 50k+ off asking, short sales as short term rentals fail. The fed killed hope of a housing rebound last week, rates will be higher longer, job market for higher paying jobs is also weak. I own outside the U.S. and with cheaper labor looser restrictions it doesn’t appreciate as fast. They can build to meet demand much easier than we can.
Florida or Texas
You must be buying good deals then.