Hi everyone. I recently received a large commission check for about 500k. This has never happened before (got lucky and closed a big deal) and I’m thinking about putting some of the money into RE to help defer on the taxes. Can someone explain to me how I should do it and how it would work?

Where do first year associates / business analysts typically live in NYC? What’s a realistic rent budget?

So Becker was supposed to charge me $600 to update for unlimited access since my account was due to expire in March. I called them in December to make payment. Now 8months later...they reach out to me saying they only charged $35. I just checked my bank statement and they are right but i don't have $600 sitting around...What do i do? Thoughts?

Does LTA and phone allowance are processed each month as a taxable income if we do not produce the bills ?

I work in sf and Nyc and have now saved enough where I’m wondering if it makes sense to buy rather than rent an apartment as an investment. Tricky part is I’m still quite young and this wouldn’t be my lifelong/family home. Have also considered buying in less metropolitan areas and renting them out for passive income. Curious if anyone’s gone through this process before and have thoughts ?

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

Are y’all waiting to do a mega backdoor Roth to see what they do about build back better this year or just moving forward with it?

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

Financial literate people of the bowl, in your opinion, what should be your net worth to buy a Rs 10 lakh car?

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.

Why is it when I owe money to a state from my annual tax filings, if I don’t pay the full amount I get charged interest. But when they owe me, they ask for additional documentation and won’t pay me interest for them stonewalling me. Not much volatility y/y in earnings.

Realtor fishes, let's play a game: I share some details of some listings that we have available at my office and you let me know if we should keep them in our portfolio or make room for better properties.

Anyone willing to share what assets they're investing in with the extra money from being overemployed?

Hi IBM sharks,
My friend received bluepoints, what's the conversion rate to rupees? Can we redeem it as cash components?@ IBM

How many of you are involved in share trading/Derivatives Trading apart from your current job? And how are you managing it? What return are you generating?

Could anyone please clarify this?

Is the tax exemption limit (of 25000) under 80DDB for both parents or 25000 for each parent?

So in short - 25K+25K = 50K for Both Parents or is it just 25K for both.

Has anyone taken up the Personal Capital investment management service that they offer?

They say they will manage my 401k but to do that they will require my credentials that I use to log into fidelity. Is that normal? Has anyone here done that before? Any feedback or experiences of using them?

What are your thoughts on Tesla stock ? Do you think it will reverse next year ? The company is in very good shape , it is getting smashed because of the twitter drama alongside high interest rate but i think it is very cheap stock today when i think about future prospects

Received a license to grow in Mass. starting a company, have a great business model, pitch, and multiple competitive edges. Looking for 5M seed funding investment to get up and running. Any advice on how to find and connect with potential investors in this space?

Is there a list of agencies and clients that don’t pay on time or at all? If not, can we start one here?

Hi I am CA and MBA with 17 years of experience. Currently looking for job opportunities. I have experience in business finance analytics, MIS budgeting and forecasting. Have worked with brands like icici, Kotak, IDFC first bank

Ritz or JW in Cancun?

I work in sf and Nyc and have now saved enough where I’m wondering if it makes sense to buy rather than rent an apartment as an investment. Tricky part is I’m still quite young and this wouldn’t be my lifelong/family home. Have also considered buying in less metropolitan areas and renting them out for passive income. Curious if anyone’s gone through this process before and have thoughts ?

A recruiter keeps discussing my salary level before sharing my resume with the client. I gave given my level and said I’m willing to discuss based on other benefits etc but feels a bit odd to keep discussing it before even sharing with the company... Is this normal?

How do you all plan for retirement while in the Middle East (especially for European folks)? Did you sign up for your home country retirement plan while abroad ? (My home country offers it but at a very high cost)

Bad decision to wear a $7000 Cartier gold bangle in the subways!?! If someone wants to rob me, they’d have to chop my hand off to get the bangle given it can only be unlocked with a screwdriver. 😫

How do firms give bonuses to associate attorneys? Quarterly, monthly, annually? What is a bonus based on? Money recieved, billable hours, etc?

I'm looking to set up a bonus structure for a new associate.

How do agencies decide how much to bill clients? How much is their retention usually?

One of friend wants to join at WIPRO..
Fresher
Flexible in any shift timing
BA
Location Kolkata

So this dude asked me late last night if I wanted to call him and said he needed someone to talk to while working late..told me to let him know if I had a guy over then he’ll talk to someone else. I didn’t have a guy over and not that kind of person so why assume that? It pisses me off.

Met a great woman this weekend. We are going on a date at the end of the month. Both have crazy schedules end of this month and next . I can’t stop thinking about her :) happy pride 🏳️‍🌈 ❤️

Hi All,
I am looking for a role change. i have been working with icici bank from 6 months but looking for change to any field with good future ahead.

Help! Needed.

Please let me know if there is any fresher opening or 6 months of bank experience works can work.

Not for sales.

I’ll give anyone who helps me get hired at a bulge bracket $20k

Are y’all waiting to do a mega backdoor Roth to see what they do about build back better this year or just moving forward with it?

Need referral for Randstad . Anybody here?

Any international transfer suffering from ACCA?

Been reading a lot about how fbook manipulates timelines. Started an experiment where I'm liking post I wouldn't normally like. Kinda excited to see how it turns out 🤓. Has anyone done this before?

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.

Someone asked me if it’s a good time to sell vs buy. So I explained that we’re in a seller’s market, then realized i lost a potential buyer. To what extent should I be transparent in this market?

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

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

How can I invest in real estate ? Looking for an additional passive income source

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?

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 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.

I thought the answer is yes but now double checking. Can we write off the interest we pay on our primary residence mortgage?

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

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

Just bought a new primary residence that needs work. Current home has ~$100k equity after buying in 2019 with <$20k down (appreciated around 20% in the last 3 years, in a major metro area). Would you:

1) Lock in the appreciation & sell now. Use some for renovations/other investments.

2) Keep for another 2-3 years & rent out for a small cash flow (<100/month if self-managing), get a HELOC if needed. Note it would not pass my investment criteria if buying today.

3) other approach?

Would you pay an extra ~$100/month on top of existing monthly PITI for access to $65k in equity from your home? Want to use it for either A) down payment on new primary or B) net new investment property and see if that can fund the next primary

I’m in Dallas and have been renting for 5 years. I don’t have any savings, but have about 30k in my 401k. Im thinking about leveraging that to buy a condo/or house. Is that a good idea or am I in over my head? I mostly want to, because I’m tired of renting and I’ve read reports that prices will only continue to go up. Although, I will have to pay back the 401k + pay rent, so maybe not a good idea. Advice/resources would be helpful.

I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!

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

Thoughts on buying pre-construction homes in markets that are popping and flipping selling them when construction is complete?

My uncle does this (he’s a realtor) and usually gets 2-3x return. Obviously there is huge risk because property prices can change a lot in 1-2 years, but at the same time the upside is hard to ignore.

Anyway I protect myself against the downside risk? (other than loosing my down payment)

How might I start to evaluate whether or not it’s worth it to keep my current primary residence and turn it into a rental, instead of selling and using the cash to roll into the next down payment for our next home? Currently in our “starter home” and thinking to upgrade in a few years. Some figures to consider for current house - 299k purchase price, 240k left on mortgage, could prob rent for 2250-2500/month, or sell for 375k. It’s in a desired school district, but in the “city” tax district.

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