I’m curious about everyone’s thoughts on the tax write offs with these high interest loans. Assuming I purchase a $1.2M house with $200K down at 7%, the mortgage interest in the first year is something around $60K-70K. That’s enough to take me from a 32% marginal rate to 24% (and impacting state tax to) giving me back maybe $14K on income tax. (HHI ~$210K) Is this the right way to look at owning property, if it’s within my means? I need a tax write off lol

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.

Why do people accrue prepaid expenses?

Which bank account is better for salary account?

HDFC
Axis

Ally bank dropping rates again. CD a good choice?

Diversification is for protecting the wealth but concentration is for creating. Agree or disagree?

Fixed ctc 2435000 Lpa with gratuity 3.5k pm and pf including both employer and employee 16k pm. Any estimated what will be take home pm post tax?

2019 Hot Take #1: Mutual fund outflows will continue and accelerate if the market pulls back.

How do people afford to buy $1M houses in Chicago? Surely not everyone buying them is rich (which is somewhat of a subjective term). My wife and I are 30 and have a combined income of almost $300k and trying to buy something that expensive seems asinine yet people do it. Am I missing something?

When investing in a Vanguard Roth IRA, can you only invest into the Fed Money Market Fund (VMFXX) which is default? Or can you select other funds such as S&P (VOO)?

What credit card do you use?

Who does your taxes? Need a recommend. Thanks.

Still using Ally Bank savings account, but the APY had dropped to .60%. Time to move. Any recs on personal savings account? This is my emergency “savings”

Do you use a tax preparer? How do you find a good one? Do they need to be local?

If you were 22 years old with $55k in cash and $14k in student loan debt what would you do?

Hi EY people…who is the 401k provider for you? Vanguard?

If I resign from IBM , within 11months 15days what will happen?

CCTC: 17
YOE: 8.3

Got 2 offers:
Lucidworks - 33
Boeing - 35(Verbal offer after countered them with lucidworks offer).

Now with freshworks, last round is pending.
Let me know what would be better.

From interview perspective, I enjoyed lucidworks interview as the interviews taken by quality people compared to other two companies. But it is a startup.

Btw, I have been interviewed for 6 rounds in Citrix and waiting to hear from them.

What are your strategies for completing work efficiently? How do you figure out how long projects should take? A consistent piece of feedback on my yearly reviews has been that I over-bill & spend too much time on assignments. It’s something I actively work on, but I still have no concrete sense of how long I should spend on basic tasks (e.g., drafting a motion to dismiss). My firm is right to expect that I manage my time better as a mid-level associate. WFH has made my time management worse.

Anyone have Producer friends / contacts at Pandora? Looking for an in. 🙌🏻

If you were to schedule a meeting to ask someone on your project to be a recommender what would you put the meeting title as

Does anyone have a helpful recommenders guide I could give to my recommenders?

Anyone relocated from Toronto to London recently (within the last 2 years or so)? My partner and I are contemplating the move...we want more diversity in our lives and want to work to live, not live to work as we do here in our respective consulting jobs. Folks who have made the switch, would you be open to sharing your experience? TIA

Anyone from BCG Gamma who wouldn’t mind DM?

What are some good companies to work for in technology space, especially cloud consulting and architecture. I already know about Microsoft, AWS & Google but asking to see others within technology consulting space.

Hi EY fishes! Is there anyone from EY Seren? What kinds of research is produced in there? Is it thought leadership or client-facing reports too?

Going to Italy end of October, planning on visiting the Lamborghini and Ferrari museums. Which Ferrari museum is better? Modena or Maranello? Or is it worth it to visit both?

If H1b were to be denied, what are the next available options? Also, what options does Deloitte provide?

Hi Fishes ,

I have offer from Tata elxsi for 16 lpa + 1.5 l joining bonus. But joining bonus did not come in offer letter but only by mail. I am selected for specialist role.but did not get proper JD. Can I trust them on joining bonus

Does anyone have any experience with General Motor’s HireVue process?

New here and as all newbies, I've come to humbly ask for likes to gain the ability to DM. Lol

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?

Any Property Management recs in Seattle area? :(

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

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)

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?

For anyone that has bought a townhome from Lennar, are the walls fairly well insulated for sound?

What, if any, were your main complaints?

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?

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.

Any investors in the woodlands Texas for single family homes, rent looks good as per Zillow , good school district and houses are still affordable compared to Dallas and Austin

28 year old with ~125k in cash/brokerage. Have been wanting to begin purchasing rentals but anxious to use a good bit of my liquid savings. Thoughts on biting the bullet vs. investing in stocks. In Houston if that is a factor

Can anyone recommend a solid lender in Westchester County single family homes? Low rates, good service, easy to deal with.

Planning on buying a house with MIL. She would lend us half the price of home interest free in return for being able to live in it rent free. We’d have 100% ownership. Repayment only required if we sell the home.

She would maintain the place 100%. We would cover races and insurance.
Relationship aside, does it sound like a fair deal?

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

Under contract to buy my first home - house hacking a triplex. Property has been leased by the same three tenants for the last 5+ yrs, rents haven’t been raised since they moved in. Market rents have risen 70-100% in the same timeframe. All seem like ideal tenants (retired and take great care of the units) but I’d like advice on how to approach the rent increase conversation. Rents don’t make/break my mortgage payment but I’m leaving a lot on the table if I don’t increase significantly.

Looking to buy a vacation home on the west coast not in a major city. West coast so it doesn’t take too long to get there. Could consider other areas, but don’t want to spend too much time traveling there. Budget is under $700k for 3 bedroom, at least 2k sqft. Any ideas?

Do you thank your tenants for paying the rent? A quick thank you text?

Having trouble selling my (retired) dad's house. It needs a lot of work, but has great character. What if I buy it myself for a low, low price? Then I would be able to get a FHA 203k loan to do the updates. Rent it out or put it back on the market in the spring.

Anyone know the average annual rent increase for 1200 sqft 2 bedrooms? I’m renting and want to know what to expect in a few weeks