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Number of Posts:20
Registered on:12/1/2022
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re: In the market for a house...

Posted by GeauxGriff on 5/8/24 at 11:16 am
That estimate is actually pretty close. My point was is that the OP is currently relatively cash rich, maxing out various investment accounts, and seems to be enjoying a good quality of life. He shouldn’t jeopardize that by getting himself stuck under a $500k house at a high interest rate. ...

re: In the market for a house...

Posted by GeauxGriff on 5/8/24 at 11:02 am
[quote]You make over 160k and feel like you can barely afford a ~1400 mortgage payment?[/quote] After factoring in property taxes, homeowners insurance, truck note, maxing out retirement accounts, and maintaining a healthy emergency cash buffer while living the quality of lifestyle I enjoy… yes. ...

re: In the market for a house...

Posted by GeauxGriff on 5/8/24 at 10:33 am
You’re grossly underestimating your future expenses. I make more than you and your spouse combined and I feel like I can barely afford my $325k house at 2.5% interest once I factor in household and personal expenses. You’ll be shocked how easy it is to have a couple consecutive months of having ...
Northwestern’s enrollment is approx. 21k. The morons were convinced to pack up their tents in exchange for a completely token gesture. 5 scholarships is fractions of a percent of the total student body. Most students will graduate without ever running into these “bonus” Palestinians. ...
Haven't seem Melania around lately... Maybe Laura is trying to make a move?...
Who buys music on iTunes anymore? The only things that matter are Spotify and Apple Music streaming charts....
Their subs won't implode. Your colon after eating one on the other hand......

re: Capital Gains Tax Question

Posted by GeauxGriff on 7/3/23 at 2:27 pm
All perfectly valid reasons for selling now! I was speaking strictly from a tax perspective. Hard to put a price on peace of mind....

re: Capital Gains Tax Question

Posted by GeauxGriff on 7/3/23 at 2:04 pm
1031 exchange. The best thing to do would be to not sell it, pass it along to the next generation, then sell it with the newly stepped-up basis. Doesn't sound like that is an option though if they need $$$ for retirement....
I am not opposed to capping interest rates/eliminating compound interest for federally backed loans. Government programs shouldn't need 5%+ to cover their administrative costs. You can already deduct up to $2,500 in student loan interest on your taxes though, so it's not as big of an issue for t...
From what I understand he runs his own business, something to do with graphics or printing. He pitched for Memphis in college. Mom's a nurse. I haven't spent any time with them personally but from what I hear they are a good, down to earth family....
I wouldn't be surprised if the tip screen is a scam for the employees too. How much of that tip I leave for the kid at the register is actually going to him as opposed to being skimmed off the top by some payment processing company?...
Weird melt. Also imagine if your job was being a beat writer for Baylor. I’d be salty too. ...