My father has a home that he wants to put under my name. Will I have to pay taxes on how much the home has gone up in value?

Which is your stock pick this week?
Serious answers only!

Finished Rich Dad Poor Dad and appreciate the emphasis on creating alternative cash flows (vs. just income). Does anyone have book recommendations on creating wealth? I've focused heavily on income + 'safe' investing, but intrigued to learn more.

If anyone here is wondering how to best use their GI Bill... I HIGHLY recommend using the GI Bill comparison tool. Has anyone else here used it??

Thoughts on buying a house now? Lease is up in January. Can finally afford to buy. But would it be better to wait until next year in case of recession -> foreclosure market -> better deals? WDYT

Investor’s Business Daily: worthwhile?

I only have Reg left. I failed it once before. For those who have passed Reg what were some of things you focused on? Also if you have any study tips I would really appreciate it, tax has never come naturally to me.

Are you going to invest in Navi's Index fund ?

Preparing for an MBA towards Fall 2022 or 2023. How much roughly did you have in your savings/assets when you decided to apply for one? Not from finance/tech/consulting, so hard to gauge

Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

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.

What’s the best real estate shop in Dallas? Not including Winstead or Jackson Walker.

I handleda very difficult and convoluted succession for a black family. My client was astute and intelligent. We got along great. His family was difficult. Willfully ignorant.

Part of the succession dealt with clawing back $450,000 in insurance proceeds that a niece fraudulent received from the decedent by making herself the beneficiary on policies. A separate attorney was hired to handle that part before I was hired to handle all other matters, including settling a $500,000 debt with the...

Question for my 401k focused advisors out there--what programs are you using that is instrumental to your 401k practice that you simply can't do without? I'm being pitched on Envestnet & im not sold.

Hi All,
I recently learned that we can get our PPF limit from 1.5Lakh per year increased and so does it increase in 80C. Is that true? And if yes, how can it be done?

How do people increase their credit score? Mine’s only around 790/770 for transunion/equifax respectively and its been like that for a while now. I have 100% payment rate, only 3% credit utilization, and 0 hard inquiries for the past 6 months or so. So far I only have credit cards, no loans yet. Thanks in advanced!

How much money do you keep in your savings account?

I joined KGS 4 months back. I am taking home loan now. Do I need to inform about my home loan to any one in our company? Any one please help me with this query? Infosys KPMG Tata Consultancy Accenture PwC Wipro EY Cognizant

Any recommendations on credit cards with lounge access? Currently have the Chase Sapphire Reserve which has Priority Pass, but have been turned away from lounges not accepting PP at peak times

What other cards to add to my collection? I have AmEx Platinum and Chase Sapphire Reserve. Fly Delta so AmEx is handy for lounges. Use Sapphire for dining/travel. Should I add Chase Freedom Unlimited?

Do you feel that black people are more prone to be flashy than other races? A friend was telling me about some financial issues as he wore a gold chain and bracelet...con't

Can some one share the experience of MS dynamic interview in Microsoft? Looking for questions being asked ( programming, scenario based, optimisations etc )

Why do partners tell associates to be cost-conscious when billing for certain clients when they can just cut your hours on the back end?

I do a mix of corporate governance and securities law. Is it wrong to pass on tax questions? I truly don’t understand tax law and feel incompetent to answer tax questions with any accuracy.

Any advise for wrist pinch pain? (Not looking for the surgery route). I also have an ergonomic keyboard.

Single 24 year old here. Recently joined Hinge. I am barely getting any activity. I'm a former OKCupid user and I always got something there. Do people not use Hinge or is there something wrong with me? I'm a fit average height guy and I am not ugly. Looking for LTR especially now in the time of Corona. Didn't bother with human interaction before tbh but this loneliness is creeping up. 😔

Hi Fishes,

I am thinking to diverting my career towards freelancing in accounting.
For that I have to resign from my current job in Pwc. I am thinking of starting a job as accountant and work as a freelancer as part-time.

Any thoughts or advice?

Ordered a shroom grow kit and two kinds of spores. I've never taken them and always wanted to. Let's see if they do anything to rewire the brain like some people say!

Looking for a pair of stylish but comfortable shoes for the weekend grind. What do you guys wear?

Hello.. any holidays in October/ November?

Excellent experience in Embedded System Design and Development. My skill set are:
ARM- CORTEX-STM32/MSP430/ H8S/68HC11 / External Address / Data Bus Systems, Assembly Language C/C++
Best practices of Assembly and C interfacing
Re-usable and modular coding practices
Coding Standards – MISRA C

IAR / Code Warrior / HEW / Keil-uVision
Debugging Tools – Nohau, J-Link/ULINK, JTAG, and ICE,
Communication Protocols
28 YOE in Design and Development
Looking for decent change.

I think my parents need therapy but being Indian parents they don’t believe in therapy. Has anyone had any success in convincing their parents to go? Is it too late because of their age?

Anyone has insights into whether we can claim depreciation for our “home office” due to WFH? Not an expert here but looks like it’s for self employed individuals only, but maybe the individual tax experts in this community can help everyone out a bit 🤪

I got a job offer as a Tax Associate at PwC. I want to negotiate the salary but the HR said he cant just increase my salary since that would be unfair to other associates. The only thing he can do is to ask to compensation team and if the team approve, every in-coming associates would get a salary increase. Is that true?

Once you’ve applied via referral link to a position, does it keep you in a referral pool or do you need to constantly get a new referral link if you apply to another role say 4 months later? Curious since they only last 30 days and i feel bad asking for a link a 3rd time now…..

Any Rolex AD recommendations/connects in Miami area? Tyia

Are the exit opportunities better in Internal Audit/Business Process than IT Audit? All I hear is how awful IT Audit is but don’t hear as much complaining from the business side

Will be in Dallas for work next week, any recommendations (must see, restaurants, tours or shows)?

Anyone have any luck selling a condo in chicago using Redfin? The 1% fee for listing is attractive compared to the standard 6% with an agent. Are there extra fees with RedFin that I should be aware of? Looking to sell as quickly as possible so weighing the options and just starting to interview agents and look around for the best way to get my place listed.

Hey hey all. I am writing a book on value creation in commercial real estate - from site selection to tenant management basically capture where industry experts see value lost or opportunities not captured. Anyone want to contribute to some insights ?

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?

I am getting a 3% interest rate on a jumbo loan with 20% down on a $850,000 single family home. The ball park in July was 2.65 - 2.75
Checking if folks are noticing a spike in interest rates or if I need to look for another lender.

Closing on my first home. Advice for anyone with student loans in administrative forbearance per the Cares act: once your offer is accepted have you student loan servicer put your account back in repayment status.

Accounts in forbearance, even administrative forbearance, are calculated at a higher monthly payment by the underwriter.

My fictitious debt to income ratio was too high for them to approve me, and it took seven days for my loan to be officially back in repayment. So just a heads up.

What price per sq foot to investors start buying in the north ATX home? My home is on the market and not moving. Trying to understand at what price point does it become attractive to investors

Is it better to have SFH for monthly cash flow or passive MF deals through a private syndicate? Friend told me that you need to have $1.5m invested in MF to generate 60k a year approx but it’s much better than dealing with tenants and maintenance. Just wanted to get peoples thoughts on becoming financially free through these two real estate methods

Anyone ever had the trim on your house painted? 2000 square feet, was quoted $3500. This included the trim, garage door, and front door. Seems reasonable, no?

For the folks that bought an a second property (rental) with less than 20% down, how did y’all pull it off ? 10 % down payment is all I can afford.

I am moving to Charlotte, NC for a new job. I currently live in Portland, OR and have a single family home here. With my income, and current mortgage, I can afford a 350k house I’m Charlotte with about 10% down. What are the pros and cons of buying a new place in Charlotte and then sell my house in Portland?

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

Bi-annual plug to say I’m a realtor in Charlotte, NC if anyone needs help buying a home or investment property. DM me!

My realtor looked at a unit for me, and shared the video w me. I’m interested. The unit is on MLS. Then he posted on his IG story seeking buyer. I’m kinda annoyed because now I may have competitions since he is my realtor OR should I be ok for him to do that since it’s equal playing field on MLS?

Does anyone have experience managing an out of state property yourself? Are there any tips/services you use?

Does buyer have to share appraisal with seller? Can seller request it?

I have over 12 years in B2B sales/sales management experience along with a graduate degree. I am wanting to shift gears and I am at a point where I can invest time in myself to learn through practical experience. The new industry I am wanting to pursue is real estate investment. I have read all the books but want some hands on experience on the property management side. How could I best leverage my skills for a role in this, and what should my expectations be for negotiation in compensation?

Couples without kids, how do you justify buying a house and paying school taxes? Almost all of the good residential areas are with a high school tax. Just curious if childless couples can ever buy and live in nice areas or rent forever

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.

How big is to big for an initial investment property. Theres a 20 SFH portfolio for sale by me for about a mil. Is this to big to start with initially? I'm less worried about the Financials (feel comfortable on that end) and more worried about the managerial aspect.