I plan to open my own business next year or in 2026. Should I register a single member LLC now?

Rationale: I saw on Reddit that if I register now and can carry cost, loss, and tax credit over the next year. Because it’s a single member LLC, some of the loss can lower my taxable income for my full time job. Is that true?

I just left my pre-seed startup that was running out of cash (we made $100,000 in revenue this year, and sunk $1m in costs). I was making $40,000 as a developer (plus 20k stock options at $1/share per year) and they refused to pay me any more money. I have 17,000 vested stock options, total number of shares at the time of my contract was 4million. I’m a bit confused about share dilution and if it’s worth it for me to buy some of my stock options… thanks in adv!

Looking at buying a house in Charleston, SC, then I want to get back to buying rental property. I already have two but would like to grow to 10 in the next 5 years. Is that possible and what are some ways to get some capital.

Final day at current company tomorrow and I have 100k+ AMEX points I need to use before they disappear forever. How should I redeem them to get the most bang for my buck?

Looking for some therapy, frankly. Somehow I've tied my self worth to my salary over the years. About to take a pay cut and having trouble accepting it, though I know extra time and overall balance will be worth it. Help!

What is the best-kept secret among realtors?

Has anyone set up an NY 529 for their kids? Know there’s a 10k tax exemption for NY state taxes, but does anyone know if that per child, or across all children?

Vanguard Digital Advisor ( 4 ETFs, 0.15% fee) vs HSBC Financial Advisor (15-20 funds, 1.5% fee) which one to go for nest egg growth 100k starting

Live in a HCOL area. Looking to buy in the next year. The least I can afford to buy would put a mortgage at 40% of my monthly take home pay (post tax + max out 401k) but 25% of gross income. Will 40% of take home pay make me house poor?

What do you all use to file for taxes after switching to h1b?

Do you pay your credit cards in full every month?

I ask because I’ve let my credit spending get a bit lax since moving and adopting a puppy recently, so I haven’t been paying them off in full every month like I used to (though still well above the minimum payment, and keeping utilization at 30% or under). It got me thinking about how many people adhere to this advice.

I have $1000 worth of Amex gift cards. How can I drop it in crypto?

Building out private investment platform for a growing company. Where can I find example docs of allocation policies, expense policies, etc. in order to create my own? Are there any good resources?

I’m prepping someone’s tax return who I see everyday on tv. It’s kind of cool being privy to a celebrity’s confidential financial information. 😁 I’ve also prepped a famous athlete and actor last week.

Big legends Guide to Three-Fund Portfolio. Yay or nay? Additionally, please share personal finance books that you recommend to newbies! Thank you and happy holidays!!✨

25 years old consultant . Net worth is -69k. 40k in student loans. The people of fishbowl do inspire me with their 700k net worth by the age of 3 posts.

Does anyone use yieldstreet or crowdstreet for real estate investment?

How often do you come across Schedule F? I have prepped 3 tax returns for farmers this busy season? It’s interesting. I’ve worked for large and small firms. I never had to deal with Schedule F until now.

Any one got the retention offer from TCS ?

Do tcs rehires ex-employees for project specific requirements and recommendation?

What should a cloud senior consultant with 1.5-2 YOE make at EY/Accenture?

Does pwc AC do mid year promotion this dec? PwC Pwc AC

An out of office email i read somewhere.

Hi,

Thanks for your email. I am currently OoO.
For emergencies conatct below
USI -112
US - 911

All other things can be taken care when i am back.

So I used to work for this shady Series A funded startup in Mumbai. Our CEO was a drug addict who funnelled money back to a lobbyist on the VC side. They paid INR 1.2 Crores for their logo to a "creative agency", just one of the many dodgy expenses they made including multiple so-called official trips to exotic locations like Hawaii. Till date their SAAS product has not found a single buyer. The CEO's girlfriend was the Sales Director whose job was to wear skimpy dresses for business meetings.

Need 25 likes to unlock DM.

Just kidding !

Just 12.

Just a joke, take it as a joke-
.
Recently Better (dot) com's employees were fired from the job.
If you are some HR/Senior management personnel and hiring them.
You should reconsider your decision as they will make your organisation BETTER. :-)

Friday Wordle 314 2/6

🟨🟨🟩🟨⬛
🟩🟩🟩🟩🟩

Looking for a Job change, currently working as a business analyst having 8 YOE, NP 3 months.

Any M or SM please DM me.

Free to discuss on opportunity.

Anyone at PwC or BDO looking to pick up some referral bonus cash?? Have 1.5 YOE in audit, NYC, looking for FDD roles. DM me!

I can do referrals to Qualtrics feel free to DM me here if you either work an engineering or are customer facing.

Hello Connection,
Please Do not ignore this post .
My sister is looking for a job . She is BE graduate and well trained in SQL, manual testing and Java from recognised organization for 5 Months. kindly let me know if you have any opportunities.
She is struggling a lot , applying for 100s of jobs on daily basis but not getting response from anyone. Please help.
Hoping for positive response 🤞
Thanks in Advance!!

Hey fishes, I recently joined this bowl.
I m having 10+ exp in Manual Testing and looking to upgrade myself into Data Analytics so can you please guide me
I hv read existing comments and found that Python, Excel, R these r hot topics but can anyone pls share some courses, links, material to start with it.
Thank you.

hi BA's how much are you guys earning and your YOE? which company can i switch to next? i started off my career as a BA after engg, and then break of 2 years MBA. joined wipro in feb ,26.5 ctc and 8.8 YOE now. looking for 40lacs minimum next switch. it would be my 6th company

Is flexi bucket part of monthly salary? Or do we need to claim it as part of monthly expenses?

We have a lot of inexperienced managers and leaders throughout the company. I wanted to propose bringing on a L&D leader who has experience creating long-term curriculums for managers and executives. For those that have a management training philosophy, who runs it and how often,m?

First year associate here—I got all “developing” on my engagement review from my manager. Is this good? Bad? The options are “needs improvement,” “developing,” and “proficient."

Hi - AMEX sign up bonus is higher than ever. DM me if you would like a referral link, I’ll split my bonus with you as well :)

Invest in roth 401k or traditional 401k and save the difference for a house downpayment?

Thoughts on personal loans to consolidate Debt?

Seeking feedback on GAP insurance. I had a family member who purchased a car in June or July. They were in an accident last week and it sounds like the car will be declared a total loss. Never dealt with this before, so wanted to ask if anyone has ever had an instance where the insurance didn't cover the outstanding balance of the loan and the insured then owed money? Car was $35k, $7k down, finance $28k. Gap insurance is through lender, not auto insurer.

What's the best 529plan? Heard Vanguard Nevada plan is popular due to low fee, or NY state one gives tax benefits upto $10k (but not sure if it matters for NJ residents working in NYC). What's the criteria for deciding 529?

What does 401k mean?

I am 25 years old with roughly no savings. I am a consultant with a technical background. Are there any tips in side jobs/ways to make more money for savings?

accountant said he needs my IRS pin to e-file. Can anyone confirm this is legit?

I NEED HELP WITH CREDIT SCORE issues: Two months ago my credit score went down by 30 to 40 points due to dad missing credit card payment by a day (i got added to as authorized user on his credit card for me to build credit but now I’m filled with regret). I was devastated by it. This past month I have been making more payments and paid off my aug statement in full thinking it will boost my credit score. But I don’t know why it went down another 10 points. More below:

I have a LOT of credit card debt. It has just grown over time and I can’t find my way out. I’m considering debt consolidation, specifically a company called National Debt Relief which seems legit but I’m just so hesitant because I’m scared to make my situation worse. Or a personal loan to pay off all the CC debt and then have a smaller all in one payment. I’m intelligent and I work in finance, it’s so embarrassing. HELP.

I stopped contributing to my 401K for the last three months in order to pay off credit card debt. I am 28 and have about 68K in my 401K. Was this a smart decision? I want to get out of debt as quickly as possible and I have no student loans or car debt.

Best high yield savings products?

Recommendations for a good auto lender in NJ area? Looking to buy/lease a car

Google stock to buy now or after the split?

I recently joined a company after being self employed. I’m on hubs’s health insurance. We have no kids. It’s United healthcare. The company offers United as health insurance. What’s the best way to compare plans? I have not been in this situation before so apologies in advance if this is a dumb question.

Best ETF to invest in? I’m 24 looking to invest about $50k and don’t know where to put it. Nothing that’s super high cost or risky please

I racked up about $20k in credit card debt due to a confluence of things happening at once (move, school expenses , etc ). I have a fair amount of paper assets but not a much free cash. Assets are down a decent amount with the current market cycle and I’d prefer not to sell them to cover the debt , although they easily could. Any suggestions how to handle the credit card debt without racking up tons of ongoing card interest?

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?

Have about 5k to invest - should I do FXAIX or FSKAX?

Keen to buy first home in Dubai but skeptical given the uncertainty around the global economy albeit high oil prices which is a positive for the region. What are people thinking? Anyone here from middle east?