Hey guys, so I need cash and want to do a HELOC. I have to properties: 1) my primary home where I’m only 6 years into a 30 years fixed mortgage so not much equity. (~200k) 2) my rental property where I’m only 2 years away from finishing paying off a 15 year fixed mortgage so lots of equity (~400k). I’m a first timer, Which one would you do a HELOC on and why (e.g., any tax benefits or other)?

Thoughts on personal loans to consolidate Debt?

Have an acquaintance who is a single mom; she purchased a used car 3 mos ago. Six wks later her 17yo wrecked it, air bags deployed, and estimates have ranged between $10-$18k in needed repairs while $21k is still owed. Acquaintance was switching insurance policies and flubbed the coverage dates and there were a few days where the vehicle was uninsured. No GAP insurance. I'm not seeing many options for her besides to continue pmts, fixing just enough to drive or voluntary repo. Thoughts?

Anyone have specific financial goals they're willing to share and how to get there? I'm 30 yo, l10 and $$ gives me anxiety. Currently making ~$95k with $30k in brokerage and $30k 401k. Or, tips for not stressing out that I'll be broke in retirement? Should I make a lateral move out at some point and target a $250k salary by X age?

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

I’m 36 and I recently reached a net worth of 1 million dollars. I thought I was doing good but then I see other people with several millions and can’t help but wonder how they got there.
I feel I’m doing everything I’m supposed to (I save, I invest, I max out my 401k, IRA, etc...).

What can I do to upgrade my game and reach those higher numbers?

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

Morgan Stanley or Schwab? Which brokerage should i choose?

Hey beautiful people,
I’m 27Y and work in tech. Unfortunately my carpal tunnel is getting worst slowly. I’m worry that I still have like 45 years more to be retired and can’t stop working because I have a f* mortgage to pay 😭 I have a super ergonomic workstation, but I know my hand needs a long rest, and I can’t do it… Does anyone relate? What do you recommend?

If I max out my traditional 401k and have a mortgage interest deduction to against my w-2 taxes does it mean I can pay way less taxes than a average person who makes same amount salary as me?

This might be the wrong place to ask but is getting a car worth it?

I think it’ll somewhat improve QOL but with parking, insurance, gas and financing costs I’m not sure spending almost 1K/month is a good idea at 22.

The other problem is that used cars are so damn expensive right now so I can’t just buy a used mx5 for 5-10K

Any McK fuel people in here? Kinda curious about this segment in reference to deal structure. Is it all commercial debt?

In case anyone needs help with their Tax returns, please feel free to DM me.

I have got an offer based in Boblingen, Germany with 60k euro as fixed. Will it be enough for a couple with a 3 year old kid ? My major expense would be accommodation, groceries, kid’s school and transportation. Please do let me know your valuable inputs. TIA

Have you ever taken a job you know you will hate because you needed the money right away? I have a family to take care of. I don't want to be plowing through our savings for selfish reasons like my mindframe at work, but I don't want to make our lives worse by being miserable. It's a matter of really ruining some of our financial future if we don't get money soon.

Fish fam - quite new to all this and would appreciate your support. if I am based in a high income tax state but work on site in a lower income tax state. Can I claim the paid taxes back from my home state or do I always pay income tax based on where my home office location is?
Thanks

Senior dev working alone in an office, everybody is remote. Thinking of moving to PHX to be fully remote myself, currently in LA. Lower COL. Change to buy house. I like heat. Thoughts? Why? Why not?

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

Could anyone recommend a set of indices that are publicly available and is a good predictor for consumer spend in home renovations ?

I have got an addendum letter from Wipro today stating that my date of Joining has been extended by 45 days. My joining was in mid August. I have 2 options to Accept or Reject the addendum.
Can i reject the addendum, how will it impact if I reject it ?

How much PTO does everyone get? Please include yoe for context

What is leave policy and encashment policy at Citi India

Does DT reimburse CPA fees if say you write your exams whilst working outside of Audit, eg Consulting , and then return to Audit after passing all courses.

Going to be passing by London for a night (landing at around 7PM on a Friday, flight out at noon the next day). Is it worth going into the city? Where should I stay / how to maximize my time?

Seems like there’s a few 30+ females in this bowl. Lmk if you are ever down for a brunch or dinner. I could use some gal pals 💃🏻

If I finish my MBA with extra loan money, should I pay it back to reduce the principal? Or invest it into the market? From my perspective it seems like it makes more sense to invest since the market is likely to generate more than my current loan rate. Although having debt also provokes some anxiety.

For additional info: my loan is a private loan of ~100k at ~5.2%. I have no other debt.

“Isn’t meth, like, so early 2000’s? Does anyone do that anymore?”

What do you like about working in tech ?

How is the Project Manager position at NTT ( Location : Mumbai) ?
Job security?
Pay scale to be asked for as minimum as where does this role stand in internal hierarchy in the company?
( Considering the high cost of living in Mumbai)

Anyone up for practicing case coming weekend?

is a simple human trash can worth it?

Hi Fishes,

Anyone from McKinsey, Need to refer a profile for McKinsey Academy.

Guys for sap basis with2 yoe is there no openings

Need referrel pls help

Is a bad relationship still worse than no relationship when you are working 100 hours a week?

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?

Anyone take the WI Real Estate state exam? Any tips on what to study?

First time home buyer and I have no idea what I can afford. Excellent credit. I know to get a preauthorization before looking but want to skim homes the meantime. Any good rule of thumb when searching?

How long did it take you to purchase your first rental property once you started looking? I’ve been working with an agent for about a month with one offer not accepted, feeling discouraged

What's the best city in UK to buy a buy to let property, with best returns?

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?

If I’m a Real Estate Agent buying my own property, can I negotiate the Buyers Agent commission to be 0% instead of being paid the buyers commission? Essentially converting what would be Income into Cost Savings for tax purposes?

I have a rental property and my tenant is asking me to change the fridge light burb. I live out of state and don’t have property manager locally. Is it bad if I ask them to change the fridge light burb themselves?

I’m pretty responsive for things they need help with like laundry machine got broken or pantry doors fell off. So I had sent people to fix those maintenance and repair issues.

But light burbs? Srlsy? They are grown up people (fresh out of college girls)

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?

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

Has anyone used Loan Cabin to refinance? They seem to have the best rates.

I am looking into buying a multi unit (dullex,triplex,quad) in Chicago ideally in Lakeview East/West, Lincoln Park, Wicker Park, Logan Square, Bucktown areas.

This will be my first property and planning on living in one of the units. Downpayment will come from what I have in stock market but wondering if anyone has any models to how to analyze if it would be a good investment property. Would appreciate any help? First in family to get into something like this.

I went under contract last fall for a new build that will be done later this year. In the contract the seller/builder included a clause that gave them the ability to change the price without cause anytime before the house is complete. This past week they invoked that clause to increase the price by like 7%, supposedly due to material costs. I can either agree to the increase or they return my deposit. My question: is that type of clause even legal? (Cont)

What are some of the things that were a MUST when buying your first home and what were some things that you were more flexible with and why? I’m having a discussion with my partner about what we absolutely need and what can be worked on later.

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

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

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

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?

Commercial real estate question. When a residential property will likely zone commercial in the coming years, do we, the owner, wait for a buyer/developer to contact us?