Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
Spreading investments across various sectors and over time has proven to be a prudent strategy, especially for navigating through market corrections.
Gustavo R.
Avoid double taxation while flipping in Baltimore but residing in Canada
27 September 2024 | 18 replies
You need to ensure you don't get into a situation where the US is taxing your worldwide income, though in CA there are tax credits to avoid double tax its still not ideal
Alex Boulger
Selling Rental with 2 Out of 5 Year Rule
25 September 2024 | 14 replies
The house would be considered a capital asset, so to be conservative, I would estimate 20% of the gain for tax, plus an additional 3.8% for the net investment income tax if your total adjusted gross income (worldwide) is over 250k.
David Horton
Student Investor from Las Vegas, Nevada
25 September 2024 | 20 replies
I currently work in the Information Technology sector as a programmer analyst and am looking to start this exciting adventure toward financial independence using real estate as the vehicle.
Caleb Raymaker
Are there not many Michigan Agents on BiggerPockets ??
18 September 2024 | 11 replies
Looking for more of a niche brokerage into the investor sector.
Alex Show
New Investor In Ontario
23 September 2024 | 8 replies
There's been significant growth in the last 3-5 years, with booming business and real estate sectors.
James McGovern
Should Real Estate Agents who are leaving the Industry become Wholesalers?
18 September 2024 | 10 replies
Sharpen your skills and you'll earn money in any market/sector.
Mikhail Pritsker
Strategic Opportunities in the Current Multifamily Market: Part 1.
17 September 2024 | 2 replies
Executive SummaryThe multifamily real estate sector has experienced a sharp rise in distress rates, increasing from 2.6% to 8.4% over the past seven months.
Sanjeev Advani
August 2024 Payroll Insights: Job Market Resilience Amid Economic Adjustments
16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
Joe Si
Early retirement asset allocation
19 September 2024 | 8 replies
These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.