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4 January 2021 | 7 replies
To @Russell Brazil's point, this is a highly desirable area and that is driving up the demand.The factors that contributed to Austin's growth (Texas' business- and real estate-friendly environment, large companies setting up shop here, huge influx of population largely from the coasts) are still in place and seem likely to continue for a while longer, which should provide some protection against any state-, nation- or worldwide correction that takes place.
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3 January 2021 | 0 replies
.) - the variety allows for greater diversity, less volatility, better rebalancing options through less correlated assets, and less risk of having to sell shares in a down market to fund expensesCurrently focused on tax-efficient investing through capital gain/loss harvesting, retirement contributions, roth conversions, etc.Overall, I filled a lot of time on starting a passion project (blog + podcast) and investing activities this past year and it went by super fastI had fun investing and had incredible returns but am now looking at diversifying the gains in a tax efficient manner by moving large gains from my active portfolio over to passive funds and some innovative growth etfs for a longer-term tilt towards the companies that could be the market leaders 10 years from nowThis post is partly to help me reflect on the year and exactly how I got here and I hope my story can encourage others as well as give them practical ideas that have helped me reach FIRE.
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4 January 2021 | 3 replies
Also, Roth contribution limits are up to $6k.
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3 January 2021 | 3 replies
I’ve done several rough calculations (obviously no one can predict the future of medicine, or anything for that matter) and my take home once I am an attending for all the specialties of interest to me will be about 150-200k after taxes, living expenses, and maxed out 401k and Roth IRA contributions.
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3 January 2021 | 0 replies
.) - the variety allows for greater diversity, less volatility, better rebalancing options through less correlated assets, and less risk of having to sell shares in a down market to fund expensesCurrently focused on tax-efficient investing through capital gain/loss harvesting, retirement contributions, roth conversions, etc.Overall, I filled a lot of time on starting a passion project (blog + podcast) and investing activities this past year and it went by super fastI had fun investing and had incredible returns but am now looking at diversifying the gains in a tax efficient manner by moving large gains from my active portfolio over to passive funds and some innovative growth etfs for a longer-term tilt towards the companies that could be the market leaders 10 years from nowThis post is partly to help me reflect on the year and exactly how I got here and I hope my story can encourage others as well as give them practical ideas that have helped me reach FIRE.To a Better 2021!
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4 January 2021 | 2 replies
These figures all contribute to your total cost of capital, and represent important points to consider as you go about obtaining a loan.Term length: How long is the loan?
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6 January 2021 | 46 replies
They should be able to tell you what the problem is.If you aren't having showings you might want to make a new listing with professional photos if you didn't do that the first time.As other have mentioned December isn't usually a great time to sell a house either so that may have contributed to the lack of action.I definitely would not go with a wholesaler for this, it is tough to sell a property that has already been renovated for full retail price to a cash buyer.
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6 January 2021 | 4 replies
Hi @Ian Green, The costs for a smaller Self-Directed IRA can be a challenge, but if you contribute $6,000 for 2020 and then another $6,000 for 2021 you will have doubled your cash position.
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5 January 2021 | 6 replies
All this contributes to bad decisions.
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5 January 2021 | 5 replies
How could an out of state landlord like me contribute?