Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
I’m 24 Years Old And I Want To Know Which Type Of IRA I Should Have. Self-Directed IRA Or Roth IRA?
I could be wrong because the US tax code is very confusing, but how much do certain expenses like property tax, or property management fees matter if you can write them off? Im not sure if there is some sort of cap, b...
Hi folks, my name is Listiarso from Seattle. I am a software engineer with a full-time job (W-2 earner here!) with MASSIVE interest in investing (stocks, real estate, private businesses and startups). I've been invest...
Hello all! I finally strapped on my 'big boy boots' and proposed to my girlfriend. Any advice on how we approach discussions regarding combining finances? We already live together and are pretty open about all of our ...
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
I got this article from the Apartment Owners Association. I thought it was informative so I want to share with others.
IRS figures show that the top 10% of income earners make 43% of all the income and pay 7...
What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...