Can I use my 401k to buy an investment property? Long term rental, 20% down, positive cash flow

When does HSA contributions show up in BOA account? I’m seeing HSA contribution deducted from my paycheck but nothing on BOA account.. had three paychecks so far. Also, does Deloitte deposit a one time firm contribution to HSA account?

Got my first pay check! Trying to understand all the taxes on it….Are state taxes on my gross amount or do the federal taxes i pay get deducted first then state taxes on that amount?

Can anyone advise - if I did not file taxes for 2019 and 2020 is there a way I can file without receiving a penalty? I just didn’t file them no great reason. Nothing complicated and I probably owe a few hundred each year in fed taxes. Nothing crazy.

If you could right now, would you buy a house in full cash or invest in the market?

What to do with stocks/crypto accumulated in US, sell them when moving back to home country after completing H1B ? What about taxation when you hold and sell later ?

I am using my first credit card from last 4 months. Can i apply for second credit card? Will this hamper my cibil score?

I am utilising less than 30% limit on my first card.

Is an IPO in anyone’s FIRE strategy? Maybe this is specific to the Bay Area, but it doesn’t seem that unrealistic to negotiate enough equity to make $1.5 mill off an IPO. Or maybe I’m dreaming 😂

Hello Everyone , Do I have to claim internet reimbursement every month in Accenture to get 1000 rs per month internet reimbursement ? Or It can be added in monthly payout if I don't opt for it ?

The worse the news get the higher the stock market goes... it’ll reach all times highs when we’re all unemployed and Jeff Bezos and a few of his buddies are the only one trading

How is ProcDna firm in terms of wlb and monetary benefits?

My DashPass via my CSP is expiring at end of the month. Does anyone know if I can get another year of it by adding another eligible Chase card on the same account??

Is blockfi only a bank and not really investing in crypto?

New to US. Which brokers offer best margin accounts? For e.g. I have equities worth $100K and want to trade options. Is there a broker where I can do so without paying more in collateral money - essentially using stocks as collateral, and also not paying margin interest. Was able to do so in London, Hong Kong, and India. However, Robinhood here doesn’t seem to allow it.

What's the deal with Droga Dublin? Is this Rothco's third new name?

Alright QOTD: How are you paying back your loans? PSLF or working for Private Firms and Paying your loans back yourself? Which choice do you think is better. I have 5 years left of PSLF and I cannot wait for the day that this loan is gone.

Hi,
How long will it take to release offer letter LTI

From a UX Director... “Design is everything. You’re nothing without design.” Excuse me?

I was recently promoted, and now part of my team report to me. I'm now able to see their pay rates and I am honestly so disappointed in the company. Especially since we just gave annual raises in Feb, plus we can all see where the money is going and it's not to the employees. Makes me sick

What's the compensation for Contract Senior Manager at PwC in Texas? Glass door has no information about this.

Does Barclays give Diwali gifts?

I’ve been reading a lot of FIRE books lately and want somewhere to discuss. What are the biggest takeaways from your FIRE journey/ research?

Trying to get into stand up comedy, any advice? Not sure where to start but am really serious about giving it a shot

I keep watching Schitt's Creek reruns now and then. It makes me feel warm and mushy, but also super lonely. So tired of being perpetually single. I know it's been posted about here a bunch of times before but it still sucks. Venting and knowing you're not alone, helps a tiny bit. =) Also does anybody else thing Patrick is essentially just a 'too good to be true' fantasy boyfriend Dan Levy dreamed up and put on the show?

Hi Fishes,

Pls provide me your referrals for operation - non technical - Team lead role. I have got 11 yrs of experience. Thanks for your support

Does anyone know who Starkey works with for their agency/agencies?

Compared to FRM, CFA is tough because it requires an enormous commitment to complete all three levels

I've been assigned to a campaign with a designer who just hates me and I'm sure he's out to make my life miserable. I am so uncomfortable with this but as a marketing director, it's my dream campaign.

Is moving from Product management to management consulting a right move given the future growth and compensation ? I have around 11 plus years of IT experience largely in Product Management.When I see LinkedIn profile of management consultants I see few of them get hired on C level positions in other companies but do not see that for Product manager except starting their own startup.Need suggestions if i should keep this transition dream or not

Hey everyone, curious about pros/cons and profitability of renting out a unit long term vs AirBnB. Let’s say it’s a condo downtown in a big city, how do you figure out what’s the better option?

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

Looking to move out of California, and considering buying a townhome in Atlanta for ~$650k. Any thoughts on the Atlanta real estate market?

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

Question for folks with second homes: Considering buying a vacation home but would be primarily for family use. We currently have a primary residence with a mortgage balance of ~640K, so my understanding is I could only deduct the mortgage interest on 110K of the second mortgage to stay under the 750K cap. If I were to buy the second home through an LLC, would that allow me to exceed that 750K since the expenses of the second home would be pass through expenses/income?

Do you thank your tenants for paying the rent? A quick thank you text?

Any Property Management recs in Seattle area? :(

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

Has anyone here used New Western to buy real estate deals?

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

How long did it take you to buy your first million dollar home? What were the steps you took to get there?

My dream neighborhood is 10 min down the road but entry point is 1.2m. Currently my house is worth around $550k

What do you all think of fundrise and start engine Real estate Reit ? Any experience? Would you invest here if you didn’t have the time to actually buy and rent properties? Any insight is welcome.
Thanks

I bought a property with 5% down. If after a couple of years I decide to move and rent this out, can I buy another property to live in for 5% down or does it need to be 20-25% down?

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.

For those w investment property, how many of you self manage vs using property manager? This is my first condo, relative new build from 2018 and a family friend jus moved out. I would have self managed but am scared about squatting/evictions esp w Covid and the rent memorandums. Thinking of jus getting the property manager as I am new to this... Advice appreciated.

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

We are renovating a condo and the previous owner had two Crane toilets (not sure how old, but functioning although seals are old according to our contractor). Back outlet flour mount ones are the only options for the building, and one toilet can cost $300-$500.

We are redoing all the bathroom tiles and walls and debating what we should do with the two toilets. Would resealing the toilets extend the use life? Or should we just replace the toilets? Any other recommendations? TIA!!

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

Anyone punched out of state 4-10 unit apt building? How did you find the listing?

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.