TorchtheFlyingTiger

I'd also.want to know more about why/if "apparently it's hard to get financing." Is it a matter of finding buyers that qualify or is there a reason mortgage companies arent approving condos in your market? If true, seems like it would seriously depress the market and lower selling prices. If it's a ...

My ? Would be if they can't get financing how do they plan to fund the balloon payment in 4 years? Seems like you are carrying the risk for 4 additional years while they get any market upside/appreciation. If there is are maintenance issues a large special assessment or market value drops.you'd be s...

[quote]Are you saying the tax deferred is better?[/quote] Often, yes. Many people mistakenly compare their top bracket today with their projected top bracket at withdrawal. As I tried to explain in earlier post, traditional withdrawals will usually be taxed at an effective rate lower that is lower ...

According to the IRS site the personal exemption was only suspended and returns in 2026. [link=(https://www.irs.gov/newsroom/individuals#:~:text=Personal%20exemption%20deductions%20for%20yourself,and%20before%20January%201%2C%202026)]IRS[/link]. Found same on a tax planning site. The estate tax ex...

They need earned income to contribute to a Roth IRA. Your income isnt a factor. If you are suggesting opening in Roth in your name instead, you could backdoor Roth (unless you have traditional IRA in which case pro rata rule and taxes would apply.) You should do this for yourself not as their Roth...

From what I understand their hand was forced w the stop on trading Gamestop due to clearinghouse collateral requirements. I dont remember the details but remember listening to a couple of reputable podcasts about the situation. I'm not concerned w payment for order flow since Im only buying when I m...

Be sure to check and update your beneficiaries. Mine dropped off with the transfer. Glad this thread led me to go poke around on the app again. Otherwise I may not have realized....

Introduce a 1/5 lb burger and profit....

Probably because ACE locations are independently owned and operated. ...

Did Gore actually say that? I want it to be true but cant find a reference ...