First time homebuyers - use non-local dad as "agent", or use a local agent?

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Rates rising, and home prices going up also. Getting more and more unaffordable....

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Me: Chase freedom, freedom unlimited, freedom flex, sapphire reserve, discover it

Wife: doublecash for just about everything. Amazon prime...

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Thanks everyone for the advice.



Interesting point. We heard something similar from someone who recently bought in a desirable...

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Hi everyone,

We are ready to buy our first home. We are in no rush, but hoping to move in at most a year or so. About us - dual physician...

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Finished up my solo401k purchase for this year (SWSTX, the Schwab total market fund). And a peloton.

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Finally got a reply... they said my current REPAYE plan expires September 1, 2022. Not sure why that date in particular, but it is nice having a fairly...

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Question was already answered, but if it offers reassurance - I am mostly a nocturnist, work 36-48 hours a week (usually 4 on 4 off) on my main job which...

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Wow! When was your normal recertification month? I would love it if my next recertification will be in 2023. I was on hold with FedLoan for 1+ hour and...

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Put round 2 of my solo401k in last week ($9500) into swstx ( the Schwab total market index). You can thank me now

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OP - sorry you’re going through this. Wish you the best outcome.



This was the experience when someone close to me also went...

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So cal hospitalist here (Los Angeles area, and occasionally a small hospital in the Inland empire.) Covid census is down a decent amount. On my last 2...

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Haha this thread really hit home. I do something similar, but for our Roth IRA's every year. Basically, I put the money into the account on January 3rd...

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mid 50s...

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Sorry to hear some of the stories in here with people losing contact with their families once they go down the rabbit hole. Most of my family has been...

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Maybe a new car would cause him even more psychological stress lol (both from a spending aspect, and also fear of having it damaged / stolen).
...

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I am feeling the same way. We are doing pretty decently (Southern California), nowhere close to last winter. But when I saw the anti maskers come in last...

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Thank you guys for the great responses. Looks like my plan does allow for directly into Roth - didn't realize that was a thing. Also didn't realize I...

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Just to make sure - same terms as the prior extensions? (ie, each month still counts for PSLF?)

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Hi everyone,

I recently finished residency and now have to decide what I want to do with the 403b money that was put in during residency...

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My employer plan (also fidelity) requires us to call it in, acknowledge we received an email from them during the phone call (happens instantly) and then...

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Awesome, thanks. Would definitely help if I could push off recertification as long as possible because I would still use my 2018 residency tax base vs...

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I do not see anything about a due date. Under my notifications, there are two of them that state "It's time to recertify your income-driven repayment...

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Thanks for checking. Any updates? Just got a notification on studentloans.gov that "It's time to recertify your income-driven repayment plan."...

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I’ve gone to adidas ultraboost for everything. Except running. lol...

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Wow this was completely uncalled for....

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I am not a fan of eating beans and rice just to pay off debt a little faster when you have a doctor income. Not saying you should have steak and lobster...

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My mom was asking me about syndications over Memorial Day weekend, telling me I should look into it. Proof it’s a bubble

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1. What year did you discover WCI? 2016
2. What led you here (internet search, colleague, hearing Jim speak, etc)? Friend (also a recently graduated resident)

...

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Pay stayed the same through 2020, got a small boost in 2021.

BUT: there were 2 open hospitalist position (mostly nocturnalist.) that remained...

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Does anyone know if this means we can contribute $10,500 per household between two employers, even if each employer does not allow for more than $500...

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Obviously this has become a political thread, but for practical considerations - should I think about switching my contributions from traditional 401k...

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I heard if your spouse is not working, it makes financial sense to get them labeled as “real estate professional status.” Even if the working doctor/high...

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My employer did not increase the max. But we did receive a letter stating they’re running out of money so they’ll likely stop the employer match ($75/month)...

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Write off all many of your required expenses, like medical license renewals, dea, etc. “CME” and “conferences” (when they go live again) which...

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UC Residents don't have to pay social security tax on that income. Check her W2, box 3: the social security wages should be either blank, or 0! You definitely...

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Thank you, this resonated with me. I only discovered this site (philosophy?) about a year ago. It definitely helped me with some basics I did not know...

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http://www.fourpercentrule.com/

I have been trying my numbers in a few different FIRE calculators. They have generally been giving me roughly...

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Wonderful, thank you both for your answers....

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My spouses work has a 401a with a mandatory 7% employee+8% employer contribution. This comes out to about $20k a year. In addition, it says we can make...

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Hello - I have a 1099 tele-hospitalist (90% tele, 10% in person) side gig where the firm pays for my malpractice insurance. Basically I sign up myself...

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Yes! Garage is (almost) priceless!!! Take it from a west coaster who went to the frigid upper Midwest for med school - if you have never experienced a...

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Thank you for sharing your experience. I am finding more and more satisfaction thinking about things in this fashion rather than stressing out constantly...

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2020 was my first year with 1099 income, and I only made a separate checking acct and got a separate business credit card like 7 months into the year....

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My main w2 is for the county... there is a 401k but it’s only for supervisors (and a few positions like judges). Not sure why it works that way, or...

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Spouse: 401a ($18000), with option for another $37000 after tax (can be converted to Roth, but we don’t make enough to do that LOL)
403b,457b,...

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Did you have any strategy how to pick how much Roth 401k to do?...

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That is our "challenge" - between the two of us, we have: 401a (can't change how much we put into this, but its about $18,000 / yr), 403b, 457b...

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Very interesting, thank you for sharing. Right now our Roth accounts are not that different than our 401k & 457s, but since we only recently became...

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Great discussion, I have learned a lot from reading this thread. Question- do you count Roth dollars differently when considering your portfolio? When...

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Thank you everyone! The links clarified things, and this post summarized everything perfectly for me.

Thankfully, there are some good bond...

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This is our first year where we can max our work/solo tax-deferred accounts, backdoor Roths etc. and now can contribute to taxable accounts. Up until...

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Hello,

I am looking for recommendations for the best tax software for my situation. There are some deals going on so I am thinking about...

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Thank you guys. I am contacting E*Trade now to try and open a ROTH account and contribute a few last dollars into that before December 31. Don't know...

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Hello,

Can you recharacterize traditional solo 401k contributions into Roth contributions? I realized with QBI, it would benefit me to have...

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Yes, we had the exact same situation a few years ago - two resident household, made our annual Roth contributions in January, but then we started doing...

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Great advice here. If it helps your calculus, I think one highly underrated feature is the autopilot/ full self driving, if you have a long commute. I...

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Thank you everyone!...

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That is reassuring, thank you! I think I was concerned because I remember reading something about having to file a separate form if your quarterly income...

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Hello - long time reader, first time poster. I am an internal medicine doctor with a primary w2 job and a side 1099 gig covering overnights and another...