Financing question - spouse and I are putting $500k down on a $850k home. Our goals are to minimize fees / interest and own our home outright. Additionally, we have one condo worth about $420k we will sell after the close of the home and a parent who is willing to loan us $350k. How would you structure the financing for this?

Hi ,
I have got sodexo card activated today. I found there is Meal Pass card, Meal benefit pass card and Cafeteria card

Which one we get money loaded ? Will that only usable in Bofa cafeteria!

Chicago announced a $10m grant for looted businesses. Really confused because I thought insurance just gives everyone that’s looted money.

Anyone start later in life? About to turn 32 and my retirement savings are sad.

Hi All,

I live with my mom (Property owner) in delhi and pay 16.5k pm as house rent for HRA deduction.

Now, she need some lumsum amount of 5 lakhs and I would like to pay this but also show this as house rent while filing ITR.

2 MAIN QUESTIONS -

1. Can I pay 5 lakh and show as house rent in HRA while filing ITR?
2. Total yearly rent is 16.5 × 12 = 198k. Can I show remaining amount i.e. 302k as Rent for next year?

Thanks in advance.

AsSalaamuAlaikum Wr. Wrb.


People any of you think we might take opportunity of this tax filing season and help out the less privileged to fill our their tax returns??

Fellow EY Fishes - is anyone here have the investments in other countries (specially India). I got the independence email telling me I need to get rid of my mutual fund investments and I am not ready to do so. What are the options that I would have .. any guidance is appreciated. TIA

Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

Needs some ideas for scenario planning optimizations! Currently have a model to predict conversions given media spend, I can adjust spend up and down to create different budget scenarios and send to model to get respective conversions. Thoughts?

How is the GSAP tech allowance taxed? Bonus or income?

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

Are we on recession? My portfolio is super down - low cost ETF investor here

Best options to get loans for a studio start up?

Hi all. I just received an offer for $130k and will be eligible for about 29,000 shares of stock options. The vesting schedule is 1 year and then quarterly thereafter.

Can someone explain what this means? I “will be eligible”. So, I have to buy the shares? Should I be asking at what price?

Newbie here. Please help!

I’m clueless about 401ks. If I go to a new job does all that money I put into my 401k transfer with me? I’ve heard both yes and no so I am confused

Currently have chase sapphire but thinking of switching to Reserve. Should I?
Wife will also be authorized user, we do travel and will use this card for all our purchases

Which demat accounts can a Citi employee hold ?
Is only Kotak securities allowed ? Are there any exceptions ?

From a financial standpoint in this market, which would be a better approach in Austin -

1. Buy a ~8-850k house that meets most of our ideal criteria (size, schools, interiors etc) to stay long term

2. Buy a ~5-550k house that’s not ideal with the plan of moving into an ideal home in 4-5 years when kid is ready for school.

How easy is it to get a mortgage for the second home?

Household income - 300k

Happy to add more details as needed

Thanks

I keep getting accused of being a bot in live chat. Should I approach my boss about being less scripted, or is the efficiency worth it?

The firm has approved of my transfer to a new city. I am also exploring opportunities in industry in the new city... is it a bad look if I leave a few weeks after I transfer?

How is the GSAP tech allowance taxed? Bonus or income?

I’ve slowly started drinking less and less. And the less I’m drinking the more I realize just how much of my time revolved around alcohol. From going to get it, to drinking it to fighting hangovers. Now I realize I need something to fill all that time with. Especially now that I’m not spending all day saturday and sunday deathly hungover. I go for walks and run errands…but in a shock to me…there’s still a lot of time left. How did you start spending your time once you stopped drinking?

Hi guys...TCS offices have opened or still wfh is there ?

Hey Fishes! What's the salary for assistant manager?

Recently divorced after 10+ yrs (40M, Denver)... Starting to figure out dating again. What age difference is it too cringe to try to date?... 10 yrs younger ok? If you're low 30'sF us a 40M in play?

Deloitte folks: What is the difference between SAMA M&A and Financial Advisory M&A work?

What is your go-to low cal alcoholic cocktail?

Hi All,

I am looking for job change in idam/cyberark/azure ad.
Please provide me mail ID so that I will forward my updated profile.

Thanks & Regards

Does anyone have experience working for or using Sylvan Learning Centers?

Any one got the offer letter from PWC AC (Bangalore) from last 1 week ? ...if yes then please let me know how much time they have taken after documentation. Many Thanks!PwC Pwc AC

I have around 1 year of experience in Java and total 5.5 years in total.

I got a lead role in a company with good package.
The role is of java fullstack, microservices.
I studied hard on spring boot and microservices but my hands on experience is less.
Would I be able to survive,I am a quick learner and deliver projects on time....but first time switching so asking.

Average London Producer Salary?

Is this an aggressive position? Would you use final regulations effective for tax year beggining Dec 16, 2020 to support a deduction for calendar tax year 2020? Proposed regulations didn't include this exception. More details below.

Which companies in Canada are giving remote opportunities in the insurance industry?

Mid year promotions confirmed!

What's your date of Jalsa??

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

Any Property Management recs in Seattle area? :(

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

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

How did you get started with your personal investing in stocks? I am 26, F, have some money in savings, 401k, stocks and just started my own business albeit small. I’m extremely interested in real estate investing have been reading and listening to podcasts. Any advice?

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

Went into a multi family property 50/50 with a relative against my gut. Things are going horrible. Need to get out. Best options? Buy him out? He invested maybe 4-5K in time (demolition work) and 2K in cash. I’ve managed the whole thing for 9 months. 10% of gross rents (as a management fee) would be about the same (6-7K)). Bought at low in market just after COVID hit. I want to keep the building. Seems fair to give him his initial investment back + some additional money for market gains. Help!

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

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

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

NJ market - Cousin of mine who has >500 rental properties advised that over next 3 yrs it’s possible for me to get 3 multi-fams if I buy 1 every year for next 3 years, by doing FHA on the first so 3.5% down and then doing less than 10% down on the next 2 if I do it right. Everywhere I read not seeing how that’s possible. can anyone explain pls? Is there a hack that after getting the 1st owner-occupied prop, I don’t have to put more than 10% down on 2nd home, and on 3rd??

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

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

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. 

Best way to start wholesaling real estate?

I share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

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?

Can I get a commercial loan without 25% down?

Anyone know the average annual rent increase for 1200 sqft 2 bedrooms? I’m renting and want to know what to expect in a few weeks