Starting from square 1 here. Would like to buy a new house but not sell my current house (3% mortgage, bought before house prices sky rocketed). What is the best set up (for legal and tax purposes) if I wanted to rent out my current house - an LLC which collects rent and writes off depreciation and expenses? Can I do all that without registering a business?

Moving to NYC soon for an entry level salary in IBD- what taxes can I expect to pay?

Let's say through a combination of aggressive saving, high income, and savvy investments, I manage to save several million by the time I'm 40.

If at that time I decided to pursue my passion and go to law school so that I can be an affordable attorney for worthy causes, will my age hold me back from getting into law school?

How do you calculate IRR for a write off? Is it just 0% or should it go negative? There’s no cash moving after the initial investment so not sure what to do.

Hey All,
I am going to get married in September.
My office is in Yemlur and my fiance's office is at EPIP zone. Which is the best place to live and which platform to look after the house
Budget - 25k
Kindly help out

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)

Been looking forward to the stock market to come back to earth for a long time. What should I buy

What companies do you recently regret not investing in?

Deloitte Fishes, I am 38 and want to allocate my 401K. Based on review so far VTI seems like a good option but I don’t see it in the menu neither do VTSAX. Can you help me pick the right allocation?

Does anyone know the answer to this? - My first mortgage statement was generated on 11/2 with a due date of 12/1 and includes a month of interest based on the balance on 11/2. I made a principle only payment on 11/14 of $500 which was applied right away. Will the interest automatically recalc to reflect a lower outstanding balance for a portion of the month? I plan to do this every month.

Cross posted: Has anyone ever heard of this type of real estate private equity fund structure:

-One LLC, so only one PPM
-Multiple investors that can be onboarded anytime
-Multiple investments that investors can determine whether or not they want to invest in
-One K-1 per investor based on their investments and income
-Ability for the Sponsor/Fund to invest directly, indirectly and in equity, debt, Pref, etc.
To me this seems extremely cumbersome and would require multiple classes of (cont’d)

Is there an easy way to pull all my crypto trades from coinbase to see in one place how I’ve done since 2017? This is the first year I’ve sold any (locking in losses during dips on altcoins; diamond hands on BTC), and want to make sure I get it right for taxes.

Hey FB fam. I’m putting together Financial success resources. If you have any books, articles or podcasts in relation to personal investments or real estate you recommend, please feel free to share 🙃

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

🔮 Looking for some buys with my new found gains in ETH 🔮

What are some good modern/post-pandemic personal finance books you can recommend?

I'm a Canadian on the TN visa working in the US and planning on maxing my Roth IRA (6k) and will have enough left to max my 401k this year, but am not sure if I should just use a taxable account over 401k due to tax considerations when I move back to Canada (likely 1-2 years from now). Any thoughts here? I don't think I'll have enough RRSP room to move 401k>IRA>RRSP and I would prefer to not have to file US taxes every year in retirement for withdrawls if I left the 401k in the US.

If I invest in Eth today, would it be smart? Or should I wait till it cools down?

I grew up poor and was obsessed w financial security. After investing my blood, sweat and tears into my career for years, I’ve decided I don’t care about my career or earnings as long as I have enough to support my family. We are happier than ever making less and saving little. I wasn’t there when my mom was sick and died because I was working and my employer didn’t allow me to be in a mental headspace to be a good person for my family. I can never change that but I can be better going forward.

Please refer me in HCL as Service delivery manager. I have job id 1068582BR

I’m an in-house lawyer with two years of post JD experience. I’ve graduated from a top Canadian school (if that matters). My work is focused on regulations within the capital markets. I’m considering management consulting. I’d like to know what salary range I should aim for at Deloitte, PWC, etc at their NY offices. I appreciate any insight you can give me.

Is Toronto as boring and quiet as this bowl ?

Thoughts on Klick??? Very intrigued

Hi sharks,
I recently got offer letter of barclays and I accepted it. What is next process they do in regards of background verification.
Also want to clarify on offer letter after fix pay.. I am not getting variable pay section.
It is included in offer letter or not.
Please provide ur inputs.

Anyone sincerely concerned there will be hiring freezes with the coronavirus? I’ve been diligently applying and reaching out to my contacts for the past two months and am getting discouraged.

I feel like working from home has been the death of my dating life. I used to at least go on 4 dates a month, and I was casually seeing a guy for a while. Post covid, I love my work-life balance but I'm never out. I can't meet people sitting at my desk, and I have no local coworkers to pull me out of the house for happy hour.

New to US. Which brokers offer best margin accounts? For e.g. I have equities worth $100K and want to trade options. Is there a broker where I can do so without paying more in collateral money - essentially using stocks as collateral, and also not paying margin interest. Was able to do so in London, Hong Kong, and India. However, Robinhood here doesn’t seem to allow it.

What is the starting salary for a tax senior? 😅

Guys , I am fresher working in SAP RAR from last 1.5 year .
I should switch in same or should change technology to data or developement .

Please SAP folks guide me.

How challenging is it to get admitted to American MBA programs? Does RB have recognition in the region? Is it more challenging to get admitted compared to consultants at American T2 firms like Kearney or OW?

Hi all. I’m looking into potentially transitioning to PE with a background in Finance Transformation consulting @KPMG of 4yrs. Do I stand a chance? Any advice on how to best approach this would be super helpful, thanks.

Has anyone heard about hale global? It’s a VC/PE firm focusing on turnaround companies. Trying to find more info about this company and what type of deals they have done. But can’t seem to find many news. If anyone can share any insights about this company, that would be great. Thank you!

Question about job postings. I keep seeing the same equity research associate job on linked in being reposted. Does that mean they’re still looking for candidates or is there another reason?

Any good wedding ring sources aside from Blue Nile?

Hi guys...TCS offices have opened or still wfh is there ?

EY application has turned to “We'd like to progress you to the next step in our recruiting process”. How soon does communication begin and typically how long is the process?

How long is it taking for new joiners to receive their laptops if they asked it to be shipped?

Any Property Management recs in Seattle area? :(

Is it okay to buy a home worth 660K for a couple earning 325K TC together? The HOA and taxes for this home bring the monthly payment up to ~4.8K which is ~32% of our monthly take home after tax…we’re first time home buyers, any advise is appreciated!

Anyone punched out of state 4-10 unit apt building? How did you find the listing?

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?

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?

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

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?

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

If anyone has problems with leaks or anything facade related I work in facade restoration, preservation, rehabilitation, retrofitting in NYC. I’d be happy to discuss potential solutions.

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?

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

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 share my first property with a family member which is my primary home. If I buy a second property (and keep the first property) and live there, does that second property now qualify as my primary home?

I am looking into buying a multi unit (dullex,triplex,quad) in Chicago ideally in Lakeview East/West, Lincoln Park, Wicker Park, Logan Square, Bucktown areas.

This will be my first property and planning on living in one of the units. Downpayment will come from what I have in stock market but wondering if anyone has any models to how to analyze if it would be a good investment property. Would appreciate any help? First in family to get into something like this.

Due to a family situation we are looking to move to a different state. Normally we would sell our current home and buy a new home in our new location. However, with todays prices and interest, will it make more sense to rent out our current home and rent a home ourselves vs. selling and buying immediately when we move? We are moving from Vegas to Sacramento and we are not sure how long we would stay in the new area. Thoughts?

My assumption is that one makes money in RE with leverage. So, would you never let your equity in any given property get above certain% (I.e re-leverage and invest elsewhere) or would one eventually want to own a property outright?

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

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?

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

I am wanting to start investing in real estate in the new year… I’m using this month to read up on it and familiarize myself with it. I am a true beginner and wanted to ask for any tips, tricks, advice, books, videos, magazines, podcasts, etc to start? Please let me know!