Would you cash out refi a rental property to buy another rental property?

I’m 32. I have $80k saved. $40k currently invested. Then ~$50-60k in 401k. My plan was to save for a house, but prices have skyrocketed. As life returns to normal...I need to now move out from my parents’ again. Do I bite the bullet and rent in NYC, or stay and save another 12-18 months and hope to buy something? Full transparency: taxes make it very difficult to buy. It’s not the down payment, it’s the taxes.

Thoughts on buying preowned Sub versus new? Aside from cost, what are some other important factors?

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

I want to move my ETH from CB Pro to Celsius, but the gas fees are so high it would take me a year to earn them back in interest. Has anyone found a way around this?

Do you think ikon/epic will offer partial refund due to covid closure?

I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

I am 22 and a few months into my first job and so far, I have only started investing in Roth IRAs, 401k, and certificates of deposits… I am trying to take steps to get into passive income (stocks, bonds, etc.) but, I am not sure of the best way to start… Any advice on investing for beginners?

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

Hello :) I am moving locally within the Bay Area in couple of weeks and all the movers & packers I am getting quotes from, prefer to be paid in cash (there is a convenience fee with credit card payment). What are the advantages/disadvantages of either method of payment? Thanks :)

Is now a good time to buy VTI?

Any downside to holding some funds from my Roth IRA in my vanguard federal money market fund until I can buy the dip? I’ve hit my max contribution limit for 2020 by having a few thousand hanging out in there until I’m ready to buy. I can buy with those funds after 2020 contribution deadline right?

Hi y’all! I’m a financial educator and my job is to help families in need of financial education! I help anyone on learning how money works here in the US & how to get rid of debt! I offer financial products that help you protect and grow your money. I’d love to help you out in reaching your personal financial needs!
I’m also always looking for people to hire!

First year in consulting, is it worth purchasing a car this early? I’m living at home and about a 45 minute car ride away from my home office. Any suggestions? What have you done?

Hi ,
I have got sodexo card activated today. I found there is Meal Pass card, Meal benefit pass card and Cafeteria card

Which one we get money loaded ? Will that only usable in Bofa cafeteria!

Thinking about taking a solo trip to Utah over Memorial Day and doing some hiking. Any recommendations for hikes, food, stays, anything really! Have not nerded out with my excel planning sheet yet. 25F if that helps with recs

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

2017 Lexus IS 200t F Sport for 32k plus taxes...? (33k miles) Yay or Nay?

Mortgage rates already crossed 5% but the home prices not showing any signs of cooling down!! Any historical indicators where we may be headed 🤔

Hello Everyone,
My cv is not getting Shortlisted for any Big companies.
Can someone please help me.
I just left with 30 Days with no offer in hand

What’s an appropriate raise to ask for after a strong year? Last year I received close to 10%, though I’m still underpaid. Was thinking about asking for 15%?

Hi
How much in hand for 14.5 LPA at nokia, 7.5 percent is performance based.

Kudos to the man on the train next to me who has his ticket around his neck, his glasses in his hand and a full sleeping mask on. 😴

When should you stop following up after a great interview? Was told I was too pricey for one market, so they asked me if I would consider another in the future. I said yes, and now it’s been a week.

I got a verbal offer from a WPP agency today. The role's budgeted salary is 5k less than my desired salary.
The recruiter can get me closer but still not at my desired salary. Otherwise - it would have to go through a long approval process with no guarantee that the salary would even be OK'd.
I'm coming from a small agency, so I could be wrong - but I don't want to sell myself short by accepting the first salary they offer. Do I have any room to negotiate? Or is that risky?

Any meal-kit delivery services you have tried and would recommend? My friend sent me a trial box from Home Chef and it was great. Ready to try others too!

Favorite coffee place in L.A.?

Best affordable espresso maker?

Any folks who’ve recently started the game that could use DIYs? I have amassed a bunch that could be offloaded

Hey anyone work in house for a brand? If yes how do you work with the brand team? Is creative a part of the brand team or works along side it? I’d love to hear!

I keep getting sour wines. I’ve never had this issue before but the last few bottles I got (store shelf, nothing too fancy) tasted like they were opened and left out. That gross stale sort of sour taste… but the cork was in tight and sealed. 🧐

currently tossing up between staying at a global company (who is in the process of some positive changes) with an amazing manager who supports my career and flexible working … however comes with the inherit issues that come with a long standing global company

compared with a role at a smaller mga, higher salary (around 30%) more , more visibility career wise and some great employee benefits , management seem to be supportive and low staff turnover

which would you choose here

Has anyone’s landlord ask to come and take picture of your apartment for their insurance? Shouldn’t this be done before someone moves in?

Anyone from Toronto ?

Anyone works for s&p global , joined recently ?? Need small info.. Regarding background verification, Hr says it takes 2 to weeks, is it okay to wait for such long time? Or can I join another company which I have to join by 2 days .. and I am already done by my notice period last month 30th itself??? Please suggest

LLP. 2 partners with a single employee. What could my client (one of the partners) do in the way of a retirement plan? 2nd partner may or may not “be in."

Working on a regular desk and my laptop has been killing my back and neck for last few years. Finally spent a couple hundred dollars on a standing desk, wireless keyboard, and back/neck heating pad to alleviate the pain. Very hopeful working will be much better now.

Has anyone used walking to lose weight? I enjoy walking and need to lose weight but somehow don’t feel like it’s enough. Would love to hear your experiences!

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

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

2017 Lexus IS 200t F Sport for 32k plus taxes...? (33k miles) Yay or Nay?

Mortgage rates already crossed 5% but the home prices not showing any signs of cooling down!! Any historical indicators where we may be headed 🤔

I’m 26 and have ~40k sitting in my savings account. Annual income 140k. Maxing out 401k. No debt. Planning to invest 25k but don’t know where to start. Should I get a wealth manager? What is the best way to approach this?

Anyone invested with QQQM or QQQJ? Thinking about splitting a chunk between both.

How do you choose 529 college plans. Currently in MD but will move to TX or GA in next couple of years. Any plans that avoids locking into specific state and allow to use funds for private or public colleges.

For those watching their home value - which is best? Zillow or Redfin? I’m watching mine to see what equity I have to refi and potentially get PMI removed. Zillow is current showing home value at about 20K less than Redfin. Are there any other tools I could be using? Thanks.

Remember how you didn’t buy the dip when Covid started in March 2020 and always regretted it?

Well… chances are that you won’t buy into this dip either. I guess that’s just how we are…

How are you all determining the future cost of college and target levels of investment for 529 accounts? Having a hard time seeing how 100k for college in 15 years is realistic. Also don't know the right level of savings to target (50%? More?).

Planning to open brokerage account with fidelity to invest around 50K then $500 each month. Is it good strategy? Also any good bonds, stock etc you guys suggest atleast to hold for next 5 years? I am into investments and appreciate your help.

What does your NW breakdown look like ? In my case it is as follows
Home equity: 15%
Investments Stocks/ETFs : 25%
Retirement account: 30 %
Cash: 30%

What are the best investment books or authors for beginners? What are the best podcasts, YouTube channels or bloggers to follow? What are your favorite stock trading platforms? And if you finally have six figures cash ready to invest, what's the best place to start? Which broker / financial advisor would you recommend? This is only for 3-5 years to ultimately buy a decent home for my family.

I'm clearly a dummy so any help is greatly appreciated.

GME and AMC are not doing well today 😂

My partner and I are in the process of buying a PHEV that qualifies for the full non-refundable federal tax credit. We will both owe taxes in excess of the current $7,500 cap (will see if that increases with the new budget bill). If we both own the car (i.e. both names on the title), how do we manage filing for the tax credit when filing separately? Do we just pick one of us to file? Is there guidance on splitting the credit across owners? Does it matter what order our names are on the title?

What's your number for retirement?

What is the best way to get euros out without fees and at the actual exchange rate? Is it best to use an ATM at the destination or is there a better alternative?

How do people feel about Tesla ? Buy ?