I’m considering buying my in-laws house in cash. They do not have a mortgage and would use the cash to buy the home they will be moving into in cash. The current value of the home is roughly $300k higher than when they bought it and I would likely receive a $50-100k discount on that price. What, if any, are the tax implications for both me and my in-laws of this transaction? And, what is the best practice for performing this transaction with minimal tax/financial impact?

Up 50% on spy puts and uvxy calls. Should I sell? Is jpow making a statement later today? If so when I couldn’t find anything online but I thought I read someone mention it

Is it just me? Or do you guys too think the stock market is over-reacting a bit. 🙄

Anybody thinks that the student loan forgiveness will pull through at court?

Anybody know any good financial advisors? My husband and I are broke btw 😂😂😂

Has anyone ever had to cal Amex to get them cover something for the airline fee credit that should be covered? Any tips?

New to consulting and currently have the Uber card. I fly United and am current staying at a Marriott. Whats the best credit card to get? Will only be using the card for hotels and then personal spend

Does United have something similar to SWUs (American)?? Would trade American for United if it’s similar!

If you had $1000 to invest into one stock rn, where would you invest and why?

Is $2100 / month in rent obnoxious for someone that brings in $8400 net per month? I pay half of that now but looking to move cities (will stay on same salary) and upgrade my living space. Single, no car note, $350 student loan payment. Let me know what other factors would be helpful, TIA!

Any IPOs to look out for in 2020/2021 that are likely to jump? I tried to buy the IPO in AirBnB through my broker at Morgan Stanley but wasn’t able to get any shares.

Still struggling with stock, futures or indices trading or becoming A Profitable trader? I can help you invest in stock or futures with a good strategies

Mortgage pre-approval- one question in case you know-

if one lender makes a hard credit inquiry on my account.
The other lender can make the inquiry within the 30 days not to be counted twice?

What is a expense ratio for a fund you are ok with? What is the cutoff where it is too high? Asking for a family member who has significant wealth but needs financial advisor. Don’t want them screwed

Which style home do you prefer and why?

How much deposit is more as per standard in Pune such as 2 month or 3 month rent?

Does anyone know anything about starseeds? Are any of you starseeds? I’m trying to understand and learn which planet I might be seeding from.

My last working day is 14th December. My new company wants me to join in middle of November and my current org is not reducing my np. What can I do

Does Barclays provide relocation reimbursement, movers and packers, and stay for initial days?
There isn't anything mentioned about this in offer letter.

Hi,

Does anyone know what is the relocation benefit which Barclays Chennai is offering for AVP?

Hilton night #90 this year. Still going strong

Did anyone here apply for the Junior Specialist Role in Knowledge Services Team at BCG? If so, can you share your recruitment process experience?

Anyone has a good wayfair discount code or know any offer? Planning to drop couple hundred bucks on a furniture

I got an offer to work at a Gensler office, but something has come up and need to move/work in a different city. Can I ask them to transfer me before I accept the offer? Will they do this if there is the same role currently open in the new city?

Crowdsourcing ideas for a bday outing / experience for my boyfriend from folks who have been here longer than we have 😊

He likes: history, sports (mainly hockey and soccer), food (especially red meat), beer, travel

We are in lower Manhattan (and have done the standard touristy things) but happy to go wherever in the city / the general area! I really appreciate any suggestions 🙏🏻

Instead of paying attention on the call, I kept looking at my own face. I also feel heckin cute too. Is this what modern day narcissism is?

Hi fishes, i got offer from TCS with 7 Lpa, but I already have 6LPA in my current organization, because I currently have 1.8 YOE. How can I negotiate with the HR to get atleast 9-10 LPA. any tips will be helpful to me.

Does your agency have a international ghetto? A hive of employees, usually not of color, from Scandinavia, Australia, Brazil etc who are paid less than market can’t leave due to visas codes?

What is the fair salary for a general dentist in Qatar

Any advice on where to live for a young professional moving to Denver?

Hello Fishes . Anyone works for delta here ? I need your help . Want to know about work culture and job security .

Anyone know what the timeline for GC is after receiving the EAD/AP card?

Does anyone have experience setting up automated queries on Excel for Mac? I am trying to automate a paid search pacing document but am running into an issue with the Excel Power Query not being able to log in to Search Ads 360.

Would love everyone’s thoughts! Which of these two options would you pick if your goal is to buy and hold for appreciation purposes given these are in a very hot market. Both same lot size.

Option 1:
- $175k lot located on very busy street but across the street from new $700k townhomes and restaurants

Option 2:
- $250k 3 bed/1 bath fixer upper located at end of dead end street, houses on street all fixer uppers, located down the street from Option 1 (so also near new builds and restaurants)

I’m looking to buy my first home. I make $150k base salary annually and my take home pay is $7400 monthly. No debt. Putting 5% down. What’s the highest purchase price and monthly payment (including mortgage, property taxes, HOA, PMI) that you think I can afford and be comfortable (not house poor)?

Just put an offer in on a second house! Send positive vibes. Anyone know what VA rates are looking like right now?

Any experience investing in motor home park (manufactured home community). New to this. Potential pitfalls? Biggest concerns?

Anyone want to help judge my first flip opportunity for me?

Does anyone have a good practical guide / book on getting started with small multi family real estate investing? I’m in Canada and am looking to avoid hype books to get to the practical need to know details. I have between 250-350k to invest and looking to scale as quickly as possible

How much did you spend furnishing your first home?? I've got a 2800sqft 4 bed room 3 bath with a game room and office and I'm looking at $30k ish.

Any good, free, sources to study for the Real Estate exam besides Quizlet?

Any bad experiences with rocket mortgage at closing ?

Small city that's fairly boring with a big new build house or big city with lots of fun things in a condo + private rooftop? Both will cost me about the same and new job is fully remote so I can go to either.

How to deal with the post- inspection report, buyer requests? Their inspector made a long laundry list of things including a single small gap on the wooden floor to refrigerator door handle is a bit lose. Also saying HVAC is close to end of its useful life.

Hi Fishes! Anyone has an insight for the current real estate price now? The RE price in Dallas area is crazy. I plan to buy a rental property in December or next year. Any thoughts on buy now or wait and see?

Did anyone go through OneTrust Home loans for pre-approval? With a 710+ credit score and 171K annual income and over 223K in brokerage+401K and 60 cash, I only got pre-approved for 410K condo.

This is the thread to boast about a creative deal that you made by using leverage and/or collateral.

Seeking advice / recommendations:
Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying multi-unit properties and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post real estate investment opportunities?
Thank you in advance

I’m looking to buy an investment property in the next 9-12 months. When applying for a mortgage, do they only look at my ability to repay based on my salary alone? Or is historical (or projected) income from the property considered as well?

This will be my first property.