Is it true most people with rental income pay no taxes? What are they deducting exactly?

Anyone holding Hyln for long term ? What did you buy it for and what is your price target ?

There are advisors who present themselves as a financial planner first and investment manager second. Which one are you?

I’ve always been a big saver minimum 15% to maxing out my 401k since I graduated college. I’m married to someone who thinks 6% is enough and likes $$$ cars. Other than the cars, they dont really spend money. For the married 🐠, how do you have the conversation with them that what they are doing isn’t enough? I try to guide them and say you want the $$$ cars but the salary you have won’t get there and you’re going to have to find a job that gets them the salary…. Then the fight starts.

Currently 31 with 6.5 YOE and single . Should have NW of 250k by end of this year. (No significant assets in India). Considering this money all reminds invested I should have a decent nest egg for retirement. Have an LIC policy that will be worth arnd 50 lakhs when I surrender it (plan down payment for an apartment). Struggling to convince parents this should be enough for me to move back. They think I should move back when I have more financial security. What more should I plan for ?

25 and a year into having a brokerage account. How does one build a strong portfolio? I’m currently doing well based on stock picks but understand that it’s really just luck based on this rollercoaster year. Holding for the LT

Trying to avoid paying an accountant, can I actually write off home office space/mileage if I was just permalancing for 3 months last year? Shouldn’t the 7 months of W2 take care of this 1099 shit?

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

Guy slid into my DM’s asking to be my sugar daddy. But he wants my PayPal info to send me money. Is PayPal a safe way? Also lol what is my life 🤦🏼‍♀️

Hi fishes

My package is 25.5 LPA fixed. Can someone suggest which tax regime would be better for me. As of now I do not have a home loan to claim tax benefit.
Also what could be the in hand salary in my case.
PF deduction : 153000

Hey folks, need some help with PF details.

Let's say a person join a company X and then switches to Y after few years. Again switches to company Z after few months. Now the thing is both the previous employers provided Pf but the new company Z which is still growing doesn't have a pf contribution since it is starting out in india. What would happen to existing PF accounts if not withdrawn , will it earn interest? What would i need to do as an employee? Any timelines to follow?

Thoughts on credit funds? Immediate start offer is tempting.

What are your thoughts on buying a house now and refinancing later? (Hopefully when interest rates are lower)

Fishes,

Please suggest a good credit card for regular air travel , airport lounge access with less/annual charges.

Any review on IDFC first select credit card

How to choose which financial advisor to work with.
I have no financial experience and an advisor reached out from equitable.

What's a good percentage (they're offering 2% as a fee)

Hi everyone!

Wanted to know if Amex uses a lot of proprietary softwares/ processes which have no value outside of Amex?

I am working from EU since last year (internal transfer from India), also doing freelancing for an another startup since last 2 years and the payment is going to Indian account.
My employer assigned a tax consulting company in India to support me in filing tax, somehow the tax consulting firm found that bank account via AIS document (not sure how they get it in that doc), as they found some interest credited for that saving account. Will I be in trouble? will I have to pay penalty :(?

Deloitte New Member makes me want to apply to Deloitte.

For those who have asked to switch clients, does it make a drastic difference? Currently so bored with my main client but not sure if grass is always greener. Thanks.

After how many days the Date of exit gets updated in the UAN portal after the LWD in TCS.
I have received my final payment after 10 days of my last working day.
Because after Date of exit is updated only we can start the PF transfer process right?

Licensed in LA, moving to IL, Employment Agreement is with the US sub (DE) of a foreign company (Canada), where both the sub and parent are fully remote companies with 0 physical offices. Two questions: 1) Am I required by IL or DE to apply for a limited in-house license? 2) Has anyone heard of similar situations where the atty got popped for UPL? I’m in tech transactions and would not go to court in this role or represent the company outside of contract negotiations.

I was hopeful and excited to have a better working experience while working with EY. But seems like tagline is building better working world in real it is building worse working world. Anyone here experiencing same ?

Kab aaegi salary? Pizza order karne ke bhi paise nahi hai

Any recommendations for grow lights that can be moved around?

Have been interviewing at cvs health. Any ideas how the marketing and analytics teams are?

Hey fishes, aside from the obvs candidates (fjord, Ideo, snook, deloitte digital, ey Parthenon, pwc consumer bit), who else is doing good work in the UX research/service design space? UK/Europe based.

Hi Fishes I have 2 offer 1 from epam anywhere and other is from deloitte, which is better to join ?. Epam anywhere offering 17 fixed + 50k joining bonus and Deloitte offering 15.75 fixed ( 2.5lakh + 10% variable). I am confused which one I should join. YOE-3.7 in cloud and devops. Please suggest guys.

Unethical to pocket citi prestige 4th night reimbursement?

What is salry slab for consultant specialist in hsbc ? Tech stack python backend ,Azure, kubernetes ..

What apps do you use to purchase coins such as XRP

I’m in SF working in-house and considering moving agency-side for the first time. Can someone spell out the comparisons for me? Specifically curious about $ and the work-from-home life. Thanks!

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

Does your company split data science roles into different practices like data & analytics and software engineering? Does this inhibit collaboration & Where does a data engineer fall?

Hi Guys, Any idea on the hike % for 2021 EOY appraisal for respective rating??
And also any updates on when it will be communicated??

How did you decide where to live? Have a young family, working remote, and currently living in a city. Looking to move to the suburbs but a bit overwhelmed with the number of options. Also struggling since we don’t live close to family and don’t like the areas family members currently live in.

Happy Holidays fishes!! I would love to hear some thoughts here..We bought our first home last year for 316K ( starter home) in MCOL city. The value is now over 400K and I have an equity of over 150K. We are thinking of moving to a different state.Should we rent this place ($2400/month) and with recent refinance my mortgage will be $1600/month(inclu pay all) or sell it to pull out equity for the new home in a different state? FYI: we have over 100K in cash to down payment.

Current Tenant Rent: $1075, Monthly Payment: $400 (with property management), Initial Repairs: $2-5K, Down Payment: $12K

At surface level, do these numbers check out?

Finally got an offer accepted on a home I love! (In DC) Spent months searching. Next thing is getting to the closing date.

Now I feel super anxious about everything going thru and getting the keys. How difficult is that process of getting to close, have heard the underwriting portion could be a headache?

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

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?

Interested in development. Any recommendations on how to get started? Are there any organizations that will fund any part of a development project?

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)

Anyone in CA dealing with increased insurance costs on rental properties. AllState just increased my rates by 46% from last year. I had no claims what so ever. I am reading online that several other companies have raised their costs as well and wondering what others are seeing and if there is a preferred insurance provider for you.

Recently freed from the consulting game (starting end of next week) with a great severance and new energy around RE. Closed our first REPE fund last year as well as a sizeable personal portfolio in a large midwestern city, all on the side.
If you’re accredited and interested in putting some $ to work in this super low yield environment, ping me! Ramping up the next fund soon.

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?

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

I am considering putting down an offer for a TH in a community that has Mello Roos. It gets added to the property tax. I am looking at paying an additional 5-6k for that.

Online videos say it’s all good because the money gets invested in building the community .

any potential downsides? In terms of future sales and demand ? What am I missing?

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

I'm under contract for a new build in progress that won't be done until much later this year. I fully expect interest rates will be higher than what I originally estimated. I may or may not try to lock in a good rate early, but I'm planning on renting it out and this throws a bit if a wrench in my margins. I can take it financially, but wondering, If I absolutely needed to get out of buying it, what recourse do I have? Or could I go ahead, and refinance later (who knows rates at that time...)?

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?

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.

Planning on Arizona, Phoenix area. What is the best today, purchasing a home or building?

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