Books on managing real estate rentals?

[NinjaDoc]

When the standard deduction started coming close to my itemized deduction. And when I had some funds in my taxable account with decent gains....

[NinjaDoc]

Is this in Manhattan?

[NinjaDoc]

Think about how much total debt you'd like to be in for the purchase of your new home, and how much you'd like to put has down payment. Then find the...

[NinjaDoc]

1. No, you can use any lender. I looked at both national and local banks, and found the best rate at a local bank.
2. I plan on using a HELOC for...

[NinjaDoc]

Assume you've maxed out your retirement accounts with bonds before putting them in your taxable account?

[NinjaDoc]

https://www.bogleheads.org/wiki/Tax_...bstitute_funds

[NinjaDoc]

Seems pretty conservative, but it depends on what your plan target return % is. Also it doesn't really matter how aggressive or conservative your CBP...

[NinjaDoc]

7 mil if 40 years old.
5 mil if 50 years old.
3 mil if 65 years old....

[NinjaDoc]

FYI everyone this post was answered Sept 2021. I just tagged on to the end with a related question. Maybe shoulda started a new post?

[NinjaDoc]

Do people track how their DAF is performing return wise? Is there an easy way to do it (with Fidelity) other than manually calculating XIRR on your own?...

[NinjaDoc]

I have a PCRA account with Schwab. It should still be considered in your 401k account as long as that's where the money came from, so you can buy/sell...

[NinjaDoc]

You should be able to buy more VFIAX, just not VTSAX. I would not buy a different share class of the same mutual fund/ETF....

[NinjaDoc]

Just have an overall asset allocation across all your accounts combined. It's a pain to mirror your asset allocation between all your accounts....

[NinjaDoc]

I think you should devote more time to this forum and help those of us trying to get to where you are!

[NinjaDoc]

Nope...

[NinjaDoc]

So can we officially do the backdoor Roth for 2022?

[NinjaDoc]

So do you have one homeowner insurance policy/company covering all of your rentals, and one umbrella policy on top of that to cover everything?
...

[NinjaDoc]

Even if the rental property is listed under my name? (Not an LLC) My umbrella is is currently through my auto policy. So that wouldnt cover any occurence...

[NinjaDoc]

OK. So what I am gathering is that there is nothing specific to owning a rental property that would lead you to buy MORE umbrella insurance than you otherwise...

[NinjaDoc]

Would adequate umbrella insurance differ between someone who has rental properties vs someone who does not? I currently own no rental properties and have...

[NinjaDoc]

Poorly.

I would invest in a dumbbell set, an adjustable incline bench, a floor mat, resistance bands, and 1 or 2 cardio machines as budget...

[NinjaDoc]

It'll probably go through fine in the next few business days. If it doesn't, call them. Good job not waiting til 12/31....

[NinjaDoc]

Any recommendations for good books geared towards someone starting out in managing a real estate rental property? I found "The Doctors Guide to Real...

[NinjaDoc]

It will become more and more difficult to mirror all your asset allocations between your different investment accounts. Easier to have one asset allocation...

[NinjaDoc]

I use the NH one and its great.

Cant speak on ease of transferring from merril edge....

[NinjaDoc]

$2124/yr seems like a lot for a $3140/mo benefit. Of course I don't know your health or disability plan details....

[NinjaDoc]

From what I've been able to gather and from WCI recent blog post on the subject (search for it) you seem to be able to use any leftover depreciation losses...

[NinjaDoc]

My emergency fund is also my fund for various things I have needed or will need cash for immediately. Like buying a car if mine breaks down. Or if a real...

[NinjaDoc]

FYI careful you dont hit the DAF contribution limit.

Annual income tax deduction limits for gifts to public charities, including donor-advised...

[NinjaDoc]

Is there a meaningful difference between "Tenents by the Entirety" vs just having the taxable account registered to both me and my wife? ...

[NinjaDoc]

Could anyone clarify the 2nd method "Using 1231 losses?" Using an example:

1. Invest $50,000 in a syndication.
2. Cost seg...

[NinjaDoc]

If the plan is making less than the targeted growth, you only have to make up a proportional amount to how much you have invested...relative to everyone...

[NinjaDoc]

Wondering the same myself. If you don't have to pay state income tax when investing in syndications in these states, wouldn't syndications in these states...

[NinjaDoc]

I'm in a state where I can choose any 529 plan and still get the state tax deduction. So no you don't have to be a NH resident to participate....

[NinjaDoc]

I thought the New Hampshire UNIQUE 529 plan via Fidelity was a good option. Am I missing something? Pretty good fund selection, I have all mine currently...

[NinjaDoc]

Curious what the investment options are like inside the Fidelity DAF? What do you have yours in?

[NinjaDoc]

Net worth yes. Retirement no. Will probably be invested differently than your retirement savings....

[NinjaDoc]

If the increased income in year of sale doesn't change your marginal tax rate, does it matter that you get most of the income in 1 year instead of spread...

[NinjaDoc]

tIRA: Small milkshake, it grows into a jumbo milkshake, then dad takes a moderate sized gulp of it.
rIRA: Small milkshake, dad takes a small gulp...

[NinjaDoc]

Liverwurst, sure.

[NinjaDoc]

Who cares if you can't meet your 3%, you get to put even more money in then right?...

[NinjaDoc]

OK thanks everyone. Good to know it's not required. I ended up calculating XIRR for my whole portfolio, couldn't stop once I got started! May continue...

[NinjaDoc]

2020 was my first real year of dedicated saving/investing (before 2020 I was essentially putting all excess funds into my massive student loans which...

[NinjaDoc]

I have mine in VXUS, but dont see it mentioned. What do I not know?

[NinjaDoc]

For cash balance plan, you can find out what all the individual investments are. Then just add each one to your current total for that asset category...

[NinjaDoc]

Thanks for posting the demo link, that was helpful. I'm planning on contributing appreciated shares to a DAF through Fidelity at some point in the future....

[NinjaDoc]

I spent a while looking in to this, you can google bogleheads and FZROX vs whatever else you want to compare it to and you'll have hours of posts to read....

[NinjaDoc]

How does this discount work?...

[NinjaDoc]

$260/year for 1 million through GEICO. 300,000/500,000 auto as well as homeowners insurance through GEICO.

If you increase your auto coverage...

[NinjaDoc]

Check out most recent WCI podcast....

[NinjaDoc]

1. Checking/Saving/Money Market etc: 3-6 months worth of monthly expenditures for emergency fund, depending on how secure you feel in your jobs, plus...

[NinjaDoc]

1. Why do you think the small cap value index has performed so poorly this year relative to the total market index, with lower initial lows and a less...

[NinjaDoc]

Could notarize it AAA and they will just get a couple employees to witness....

[NinjaDoc]

Before I bought my first house I read Home Buying for Dummies. Taught me what I needed to know about how to look for and purchase a home. If you're new...

[NinjaDoc]

I thought you could get Vanguard ETF's through Fidelity with $0 transaction fees. Plus VTI more tax efficient....

[NinjaDoc]

Online refinance is a not a problem as long as you generally know what you're doing and what to expect. Some will waive appraisal depending on your house...

[NinjaDoc]

Customer service pretty good. Mutual funds OK but not the best selection or ER's. See if there is a brokerage account you can open at another institution...

[NinjaDoc]

Seems reasonable. Don't know your asset allocation. You may end up with not just all Total US but also all Total INT in your taxable sooner rather than...

[NinjaDoc]

Lol ya I've probably overthought it but I'd rather do that now and then just stick with what I've chosen and not worry about it. I'm basically all mutual...

[NinjaDoc]

Apologies in advance if this is too specific of a question, looked for a few hours online.

I am planning on setting up my 1st taxable acct...

[NinjaDoc]

RCA doorbell. Only connected to my home wireless and all video saved locally. No monthly fees, no cloud, no data breaches....

[NinjaDoc]

I got a 30 year mortgage, refinanced to 15 year after 3 years. Wish I had gone with 15 year initially. If you can afford it, go 15 year and even try to...

[NinjaDoc]

I believe you can transfer your 529 between state plans. The contributions you make in any given year follow the rules of the particular state you reside...

[NinjaDoc]

Probably used the wrong search terms when browsing forums. For anyone reading that's interested:

https://www.bogleheads.org/wiki/Tax-adj...

[NinjaDoc]

That's very helpful, thanks. It confused me a little because I read WCI saying your 401k is only 2/3 "yours" and 1/3 the government's (based...

[NinjaDoc]

I have a spreadsheet and it wouldn't be too hard to do. What percent do you assign tax deferred or taxable holdings, assuming tax free is 100%? Thank...

[NinjaDoc]

I've searched the forums and web to see if people take asset location into account when rebalancing and haven't found much. It seems to me that tax free...