Hello Fishies! What REIT would you recommend or do you invest in? Seems like they were profitable since 2020. I feel like REITs will be way less headaches than getting another investment property. My property manager is not doing the job properly and the tenant doesn’t always pay on time. I am working on switching management company by the end of the month and not renew that tenant’s lease. I’m an out of state investor so it’s a bit tricky. Share your thoughts please!

Anyone have a recommendation for financial/tax advice? Hurting in the 60% tax zone right now (100-125k) and need some help to work through options eg more salary sacrifice, pension etc… thanks!

Qualified Dividends: I’m expecting $650-$750 qualified dividend in 2021. Salary and base about $250 total. Questions: what tax rate will the qualified dividend be taxed at? The 15% or 20%? Also, since it’s technically a long term gain, do I have to pay an state and local on the income? Been reading for a bit and I can’t seem to find a clear answer. Thanks fishies!

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

All my investment is in real estate - 1 primary and 2 rental. Total 3.7 M value and 1.7 mortgage pending. About 400k in cash. I’ve 0 RRSP. Is my investment strategy terrible?

How much money do you keep in your savings account?

Ive been living in the UK for six years and didn’t know I had to file taxes in the USA! 😩 From looking up a few options, it seems to cost circa £500 for each late filing with a tax accountant. Has anyone done it through the Turbotax software? Any advice to get it done cheaply?

Hi folks - anyone here is a realtor or was a realtor in Toronto before? Looking to chat with people who have the experience.

Thoughts on potential business ideas or investment opportunities where I can live the life I deserve now and not in retirement? I’m always trying to think of potential business ideas and come up with nothing. As far as interests, it doesn’t matter what it is. As long as it makes money I’m interested.

If you had to guess when oncycle will be, what would you say? I’ve heard funds were disappointed by participation rates and quality last time, so I’m curious to see if they can show enough discipline to wait this year.

Are you investing today?

Does the 25X rule take into account long term capital gains tax of 15%? Like if I know I need 40K to survive, do I need $1M, or more to make up for the tax too?

Anyone been able to work from Dubai for a UK/US firm and benefit from no taxes? I know if you are a US citizen you pay taxes where you are globally, but if you are British, then you only pay income tax on UK income - so if you live more than half the year abroad you are classed as non-domicile resident, but wanted to hear if anyone’s done this or heard about it?

Have 50k in a checking account at a local bank getting no returns. I like having liquid assets since I support currently myself & girlfriend and any unexpected expenses my mother & younger brother have. Any advice how to calculate what I should keep on reserve vs. invest + learn about consequences of pulling investments early (more tax, fees, etc.). I feel like the inability to access funds when my family needs it has been the reason I haven’t invested outside of 401k and have this cash reserve

Kpi reply krta b h is group me
Techm need NPS account from kotak only
How to open a new one.

Home appraisal came in 30k too low. Seller is an investment group. House was on the market 40 days before offer. What's the chance they sell at appraised value?

Besides working, how do you finance pros typically spend the weekend?

Is QEF inclusion dividend or not? Sometimes, I see QEF inclusion reported on Line 11i and sometimes on Line 6a. I think we can rely on Sec. 1293(c) but I think it’s not foolproof. My hunch is since QEF regime is tailored to treat the PFIC similar to domestic mutual funds, we should not treat the QEF inclusion as dividends. Any help is appreciated.

What happens to your shares if you are partially, or not even 1 yr vested at a pre-IPO company and the company goes public? When you continue on your vesting schedule, what price do you purchase your vested shares at?

For those of you who made your first million in net worth, what did you do next?

Hi! Pretty new to this concept, and really early within my career (only 3 months in). Currently on my company’s 401k plan, contributing well beyond the minimum to receive a match, and maxing the amount I can put in right now (25%). Dabbled a bit in options and stocks in general. Any advice, guides, or starting places you would give someone in my shoes? Thank you in advance!

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?

What is street parking like in Little Italy? Looking at a place but will have to park on the street, specifically near grape street/Columbia street

FAR on Saturday - Absolutely terrified. I feel like there’s so much I don’t know how to do and idk how to handle not knowing everything.

May I get 11 likes for DM please...

Hey small agency friends with kids! Quick question. Our agency’s family health care is expensive (ranges from $1700/mon with normal deductible to $1100/mon with super high deductible). If anyone out there (at a small NYC agency) has a better plan and is comfortable sharing, would you mind telling me who your company uses? My kids’ college funds thank you!

Somewhat recently lateraled from a large firm to a small firm and I’m starting to feel very micromanaged. Any tips on how to deal with this?

Looking to target PE firms as clients, need to do some research on how they work so we can speak intelligently when trying to sell operational work to them. Any book recommendations ?

Anyone work in the OGC of the Big 4? What was your experience?

After you moved in-house, how did you get more comfortable reviewing contracts or counseling on issues you weren’t super familiar with? I was very specialized at my law firm and took a similarly specialized role in-house….but I still get requests to mark-up types of agreements that I never touched at my firm. I’ve been trying to find CLEs to get up to speed, but I’m wondering if this is generally something that gets more comfortable with time…

How long does it take you to feel comfortable in a new project?

Is anyone applying to in-house jobs and wondering how to find out salary range before investing too much time with interviews? I would like to avoid asking about salary up front but I don’t see any other way to find this information.

Any tips on how to deal with this…my entire team was let go today (was 5, now just me). We functioned as the Marketing team for 4 brands and primarily focused on product launches and sustaining social media content. My plan moving forward is to only focus on the top revenue driving product launches for now and say “no” to basically everything else. Would love to hear from anyone who has been in a similar situation and can offer some advice.

I just graduated from a nontarget in Dec 2020 & am currently interning at PwC before I go back to do my Masters. My initial plan was to accept my full time offer and slowly work my way into IB.

I see postings right now for FT IB analyst programs. Should I even try applying online?

Ik recruiters don’t really read cover letters, but I learned about banking rlly late into college. i’m the daughter of blue collar workers who don’t speak English so I never really knew what jobs were “prestigious”

I'm at a smaller MM bank. My original goal was to start here and hustle through into a BB, but I wasn't expecting to really like the people (my team, my direct seniors). I think the work we do probably wouldn't differ a crazy amount (we close deals, just smaller of course) and I'm wondering if I really have a reason to try to move into a bigger bank.

Perspectives?

Guys, I am looking for a project in RPA technology. I have basic knowledge in Uipath and Automation Anywhere. Any leads please DM me.

Advice on taking the SHRM-SCP exam? I’m taking the exam tomorrow and not feeling as prepared as I should. Who has taken the SCP exam? How difficult did you find it?

So overheard after work:

I left a company a while back and a coworker of mine that also left just informed me that one of the C level execs has an SEC decision against him for embezzling several million.

This was from before I worked there...

Best family friendly places to live in Dubai?

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

My clients wish to write a testimonial/review for my RE broker services. What is the best site/medium for this? Yelp? Google Review? Zillow? Facebook?

I’m graduating undergrad in May and want to do real estate investing long term. Is it worth it to get my brokerage license in the state that I’m moving out of (I would want to do out of state investing) or should I just take a general real estate investing class. The goal would be to grow in knowledge about all things real estate. Also, any advice on real estate investing for a beginner would be appreciated!!

Is this legal?
After being mugged and having my things (including my keys) stolen, I was locked out of my townhome after business hours on a weekend. I was told on the phone when dialing my complex’s after hours number (which is managed by a 3rd party company) that my complex’s policy would let me in for a cost of $100 (as it was after hours). After I was let in, property manager informed me the charge was $200. Is there anything I can do here? This is in Minnesota. Help appreciated!!

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).

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

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?

Hi all, I’m in the north east metro area and due to the current RE market we decided to look into PA specifically Lancaster. Anyone in this market and have any thoughts on where it’s headed? We’re looking purchasing a single family property all cash at 110k that rents for $1100 a month. The last owner bought for 35k like 15 years ago 😩 but hoping buying and holding for a few years will give a equal or greater returns over the long run.

Are most new houses being built with induction cooktop? What has everyone experience been like? I personally had non compatible cookware with induction cooktop and wondering if I should just buy a new cooktop (electric, gas etc).. Other reason is that I read that it's also not healthy due to electromagnetic waves?

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!

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

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

Quoted a 30 year mortgage, 5% down for a ~600k home for 4% interest no points.

Profile: 250k salary, 800 credit score

Is this any good??

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?

UK - thinking of a buy to let in either Birmingham, Liverpool, Manchester - any recommendations on either /areas where you can get something under £140k.

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.

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

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

Bi-annual plug to say I’m a realtor in Charlotte, NC if anyone needs help buying a home or investment property. DM me!

Atlanta vs Savannah vs Tampa?