6:29a I’m the executor of my 90-year-old aunt’s estate. A neighbor threatened me and wants to buy her house. What should I do? 6:17a ‘He ended up homeless and penniless’: My uncle conned my father into signing over their mother’s house. What can I do? Home...
1.2mil house with $420k household income? Is it economically viable/reasonable to buy a 1.2mil apt in the bay area with 420k TC , with 20% down payment? Monthly mortgage seems too high to afford it#housing#mortgage 2611,434 Share
11:53aOpinionDon’t compare your retirement investments to the S&P 500 11:47a‘He ended up homeless and penniless’: My uncle conned my father into signing over their mother’s house. What can I do? 11:34a‘He’s 70 and fairly wealthy’: I met the love of my life three years ago....
Ideally, you accumulate enough capital to substitute for an income in the 32% bracket, enabling you to earn passive investment income and incur only a 15% tax rate. $300,000+ is what I'm shooting for after blowing up my passive income in October 2023 to buy a new home. I will need...
the Financial Samurai podcast (AppleorSpotifyepisode discussing the dilemma), you know I've thought long and hard about whether it was the right move to buy this house. At first, my wife was against it since we were happy in our old house. But over time, she came around to the idea....
The “debt-to-income ratio” or “DTI ratio” as it’s known in the mortgage industry, is the way a bank or lender determines what you can afford in the way of a mortgage payment. By dividing all of your monthly liabilities (including the proposed housing payment) by your gross monthly...
an income of $13.5 K a year. We just live in a rented house which is very far from a town or a city. Even talking about education, I will never get good education. My grades are just a bit more than average and I study all the time. Imagine how it would be to be a ...
Much better to trawl thrift shops, post-holiday clearance sales, and estate and garage sales, which can be terrific places to buy a lot of merchandise cheap. We wrote a detailed article on the process. eBay: Some things sell better and for more on eBay than Amazon. If you have a “one...
IRS won’t give any sympathy to the situation, because it’s a short-term loan, which has been expressly discouraged, no exceptions. If the individual can get a mortgage (or some other short-term financing) for the $400k in order to pay back (rollover) the 401k funds, that’s the ...
01/01I’m the executor of my 90-year-old aunt’s estate. A neighbor threatened me and wants to buy her house. What should I do? 01/01These are the most popular Moneyist columns of 2024 01/01‘Should I feel guilty?’ My elderly neighbor and friend of 5 years left me her $1 mil...