Can anybody in the DC area recommend good neighborhoods for + cash flow on acquiring new rental properties?

Seems like monthly payment almost equals rent values for where I’m looking even after putting like 30% down.

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I have a total taxable income of 1978050 for. Which I need to pay 330915 as a tax as per new regime.
I don't have any investment and also as working from home living in my home town so no rented house.
Please help me to save some tax
TIA

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Taking a sentiment of where you think bitcoin will go from here. Like the option that you agree with in the responses

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Good idea to buy some more AAPL right now?

likehelpful

Are there any flexi benefits in the payroll management system to get the tax exemptions in BA Continuum?

Anyone else crazy and buying a house right now? Part 2, does anyone have new construction experience and any important lessons learned? Much appreciated!!

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Does anyone know of any credit cards (including private label) that offer Spanish applications and/or servicing?

For background checks... who do you guys use and would you be willing to share monthly membership fee/cost per check? I currently use HireRight and have been happy overall... but I don't feel that it's very competitive at $48/check. Thanks in advance!

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I have an expiring British Airways credit I need to use in January or February. Options are Lisbon, Paris, Rome and Athens. Anyone have thoughts on any of those in the winter/off season?

I'm coming from the US - my flight credit is use-it-or-lose-it so I'm trying not to spend much more than the original credit.

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Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

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24 yr old, 110k TC, maxing out Roth IRA and Roth 401k, no debt or large expenses. Also have ~35k sitting in a bank account. What should I do with that money?? Am I better just sitting on it for a while then watching it shrivel up in my brokerage account?

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How much money do you keep in your savings account?

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Best options (companies that provide) term life insurance outside of work? Please advise - looking to get this done this week for wife and I

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Currently maxed Roth 401k, Roth IRA, HSA, and ESPP at 23 YO, should I consider an after-tax conversion? I’ve read about back-door Roths but I’m still far below the income limit as an analyst. Definitely looking into early-ish retirement, should I just invest the rest in a regular brokerage account until I reach the income limit? Am I even allowed to do a conversion? Any advice is helpful :)

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Can wife claim husbands PAN for HRA? Flat is in the name of husband

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For EESP - which is better share withholding or payroll withholding? Thoughts?

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Welcome to the NFT Bowl! Feel free to share cool projects you've found, investments you are making and why, or shill your own projects! It's also a great bowl to network and build your own team!

To make things smooth:
1) If you see or have a cool project, please post a link to help others find it quickly without having to slog through searches
2) No one is giving any financial advice. Use of this bowl is acceptance that you will not take anything posted in this bowl as financial advice.

Does Boston Consulting Group have the following?
- HSA
- After tax contributions to 401k w/ in plan Roth conversion

I’m joining in a few weeks and doing some planning on how to adjust my existing accounts/strategy.

Thanks!

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“I used to be rich, but I sold all my stock so now I’m poor like you guys!” is a new one

Post Photo
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anyone invested into Facedrive (FDVRF)?
Recently heard about the company and it looks very interesting... curious to hear your thoughts if you have any!

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Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying a multi unit property and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post investment opportunities?
Thank you in advance.

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More Posts

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Hello fishes,

Can anyone reffer me for SOC Analyst?

I have an offer from E&Y.

By when salary will be credited to accounts? Can anyone say where can we find payslips?

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Got hired to work in England! StRting end of Sept.

Any advice, tips, or things I should consider before I start my new adventure?

Angelenos - is it still worth it to transplant from NYC? I know with everything going on, it's a mixed bag, but I'm feeling the move. What do you think? Is LA still the best?

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What range should I quote to HR when they ask for what are your expected salary? Current CTC is 10.55 LPA. I have 5 years of big data experience including 6 months of on site project at egypt. Your suggestions are most welcome....

Hello fishes, is it a red flag when I'm the ONLY one on my team who's happy with the management, meaning my boss and my boss's boss? Other than the two bosses, we have 6.

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Who are your favorite advertising comedy directors? Who are your favorite comedy directors who are women?

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Does anyone know of any nonprofits that I can volunteer with? Trying to get more involved with the community as much as I can.

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Anyone with experience in the beverage industry willing to advise me on how to launch a beverage business - including regulatory requirements, licenses/permits needed, potential costs/investment required and building a tactical execution plan for a pilot launch? Happy to pay for your time within reasonable limits. Please DM with a proposal. Thank you!

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A guilty pleasure you’d hate for co-workers to find out about?

likehelpfulfunny

So after this messi World Cup win. Means undisputed goat right?

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After HR discussion after how many days Hr release offer letter?

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Does anyone know of a good dating app? I have tried using Hinge, which I thought is designed for people to date and not to hook-up. However, everyone I chatted with is asking for pics like they would on Grindr…is that just our culture?

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How do you deal with your boyfriend still being friends with someone he slept with before? Kind of bothers me but not sure if it’s normal....

I find dating apps to be unhealthy to an extent. If a minor inconvenience occurs, it's simple to move on to the next one and the cycle repeats. Have any of you met "the one" through a dating app?

likefunny

Has anyone found dating having kids challenging?

I’m a Canadian on a TN visa. Am I allowed to trade crypto on Robinhood? If so, can I trade the same coin multiple times in one day (day trading)? What tax implications would this have for me other than the standard capital gains considerations?

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Hi All,

I got an offer from Adobe and am currently serving my notice period. But in Adobe my joining is in Mid of September. So can I trust Adobe that they will honor the offer considering the recession in companies like Oracle, Amazon, and Microsoft?

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Additional Posts in The Real Estate Bowl

Anyone recently got a mortgage through SOFI? can you please share your experience?

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When renting out a property, can you specify which pets you'll allow vs not? Like no cats but small dogs are okay?

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Looked at a house (new build) and MIL said the vinyl windows imply the whole house is probably made with cheap, shoddy materials. She thinks everything has to be wood Marvin windows or bust. Is she right? From my research vinyl has its pros too... as long as we aren’t paying like they are wood marvins. Any reactions?

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What are your opinions on financing furniture purchases? Most of the big stores are offering 0% for a few years and I’m wondering if there are reasons I shouldn’t do it

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Any reason why the listing agent recommend I use a specific title company?

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469k new construction
No washer dryer or refrigerator included
Added these at cost, downgraded to basic grey paint throughout, removed blinds and builder accepted 460. Feeling cheated :/

What would have been a better offer?

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Looking for experiences/opinions on A/C options for old houses. E.g., high velocity ducts vs ductless mini splits. Seems like mini splits are way easier and possibly more effective...but seems like an eye sore. Or... is it just what a contractor thinks will work given your house? Curious what everyone thinks!

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What's common % for Property management fees? I've seen anywhere from 6.5%-10%

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Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

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Does buyer have to share appraisal with seller? Can seller request it?

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Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

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Would you say Austin’s real estate market will go through a correction in 2022? I am considering there in a few months (wife and 3 kids) from a normal-priced city. While we can afford a house there, I am scared of getting into an extremely risky investment seeing such fast growing prices in 2021. I’ve read both bull and bear scenarios online and I’d like to get some “Bowl’s” thoughts. Thanks!

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I have significant equity in a property (300k+) and maybe another 200k across other properties. I have a decent amount of money in cash and already 200k or so in stocks. Would you consider pulling money through cash out refi and using it? I get nervous for stocks being so high. I have a few properties in pipeline already. How would you suggest using it (if at all).

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I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

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My partner and I close on our house this Friday at 9am and I’m just so happy. I’m a public interest attorney and we worked really hard to save. This was after 10 offers. Just wanted to share 🥹

likeuplifting

Good evening all,
With my partner we are considering making a move to the countryside of Switzerland, with a gorgeous RE project offering incredible views on immaculate mountains and lake. However, it is far away, and will require 1h+ train/car commute vs. 10 min biking right now. We are scared it will bite us back at some point, although COVID helped w/ remote working being a new norm. The project will be done 2024, so I hope to have a more relax job by then. Any similar experience to share?

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Does anyone have experience with out of state turnkey real estate investing? Would you recommend any companies? I live in Sacramento where prices for real estate are inflated so I can't buy local.

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What are the mortgage rates you guys are getting? Best I’ve heard is 2.5% (30year fixed) curious if anyone has heard better?

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At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

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Got news that my house closing may have to be moved due to a delay in the sale of my home. My partner’s income was excluded in the DI ratio, but if it were included we’d be well under the % threshold and can be approved to close on time regardless of the sale of my house. However our mortgage company’s underwriting team has been painfully slow in confirming if her income qualifies. She’s been at her new job 1 month after a year off. Anyone with underwriting experience have insight?

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