Do you take the Qualified Business Income (QBI) deduction? I have 1 rental property. Any pros/cons to taking it? I’m confused by all the info

Anyone up for chat😔😔 Feeling low...

Hi team will be joining KPMG global services (kgs) in September last week.
When is the rating done and what % can I expect?
The hike + bonuses are shared in October right?

Has anyone’s agency developed a practice focused on social justice in the past couple months? Saw Praytell’s and was curious about if other agencies had too.

Let's talk hourly versus salary pay for advanced practitioners. What are your thoughts?

Hi fellow fishes, just received an offer for EY cap. Markers as an M, and wanted to get your view on how life at EY is like e.g. work life balance etc. Also wondering why EY has such a terrible rating (just 1.6) on Glassdoor. It’s kinda scary it’s so low

What’s the smartest allocation (for a late twenties person) of 100K right now, between ETFs, stocks, crypto and bonds? I am mostly in cash right now and feel I’m missing out on investment ops, but also wary of putting money in the wrong place. Any advice would be greatly appreciated!

Looking for wisdom and advice on first day-first few weeks as a planner for bigger agency/account? Any advice on best practices things I should be doing vs not doing to get acclimated and make an impact. Please ☺️

Hi any reviews on Aptos retail?

I have the option to leave Biglaw for in-house position at Fortune 100 for 320k TC with 10 YOE in HCOLC. This is my first in-house role and so I wanted others' thoughts on TC range for my level.

Does anyone have any insights on what Data Scientists earn in the Denver area?

It’s not that bad.

Dear Sharks,

I want to shift my career to UI/UX designer as an entry level designer. I have good hands-on experience. I work on Figma.

I have an experience of 2 years. Need help with referral for the same.

Thanks and Regards!

Can we take back our resignation post applying it in infosys? Does any one havr any idea on this

Hi All,

I recently obtained my law degree and currently work for a BigLaw law firm as an assistant. I want to make the transition to the firm’s Litigation department because I want to practice international arbitration. How do I approach my HR department as well as the litigation bosses about transitioning to litigation? Any ideas would be helpful.

Thanks

Currently at a super conservative defense firm. I do really well but keep getting the criticism that I tend to just do things on my own initiative. I’m just predisposed to being decisive and rather autonomous. Besides being a solo atty, where would this skillset be better suited? Plaintiffs work?

My partner is unstable, refuses to take their meds. Regularly snaps and lashes out at me. Im leaving and I feel compelled to tell HR for my replacement’s sake. Am I out of line?

I’m struggling. I left an agency I liked last year due to growth limitations and since then I’ve worked at 2 different agencies and can’t seem to find my footing. The first one seemed like a good fit at first but then it turned out to not be the best place for me so I left. At my current agency I feel super undervalued. I’m always raising my hand and offering to help where I can and no matter what I do, I don’t feel utilized or valued or part of the team.It’s really taken a toll on my confidence

I'm a first time home buyer and got pre qualified back in Jan. Hard pull on credit docked me a few points. I wasn't able to close and now considering another hard pull for a different mortgage company offering better rates.
I'm new to this and this may be a stupid q but I'm looking for input from the bowl on whether to do this hard pull and get pre-qualified with a few more mortgage companies. Any advice is appreciated. Thank you

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.

Has anyone bought a 5 plex or 6 plex. Please share your experiences, cash on cash, challenges you ran into. Also, do you use management company or do you manage it yourself

Wanting to move from NYC to either Austin or Tampa. Open to hear the pros and cons.

For anyone that has bought a townhome from Lennar, are the walls fairly well insulated for sound?

What, if any, were your main complaints?

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?

Any one knows what’s the easiest way to order a radon test for new construction?

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.

New strat folks.
1. Buy a condo complex.
2. Put the land under said condos into a land conservatorship (for taxes)
3. Rent condos at discounted rates (for taxes)
4. A small fee of the rent goes to a trust as a land conservation fee in perpetuity (for tax reasons)
5. Have another business generating revenue to offset this.

I have the opportunity to buy a new build in ATX for 310k at 5.625% 30 year. Should I buy it? I can either:
1) rent it out
2) sell it

It's not my primary and I don't need it to live in. The news about a housing market crash is worrying me. Any advice?

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!

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?

Thinking about investing in a 3-4 unit building in Chicago (Jefferson Park, Avondale, Bridgeport, etc.). Is the upcoming winter a good time to do so?

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

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'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

What percentage of homes get sold without getting listed on the mls (off market deals)? Is it usually worth it for the buyer or seller?

(1/2) People who work in the Bay Arae peninsula (Menlo Park) and live in the east bay- which is a good place to buy a house, upcoming, easy to rent or Airbnb in case I have to move back to my country! Prefer single family home as young as possible.
1- brentwood
2- Pleasanton
3- Dublin (expensive)
4- San Ramon (very expensive)
5- what else?

I heard you need to show a net worth of 100% of the loan amount. Have you heard about this?