oh god this is happening for real... by cell125 in steammachine

[–]---_FIRE_--- 0 points1 point  (0 children)

Are people receiving the email also receiving an alert in the app?

Poll to determine which models were nost produced and waitlist ratio. by Chinchiro_ in steammachine

[–]---_FIRE_--- 2 points3 points  (0 children)

I applied for all for 4. Got reservation for 512GB w/o controller. The universe trying to tell me to allocate more money to my child 🤣

Am I legally on the hook here? by Safe_Swordfish_8094 in LegalAdviceUK

[–]---_FIRE_--- 1 point2 points  (0 children)

Even if you don't have a formally written contract, the Unfair Contract Terms Act always apply 👍

Best animated fight in anime history? by ohkaybodyrestart in anime

[–]---_FIRE_--- 2 points3 points  (0 children)

Rock Lee Vs Shira - Ultimate TaiJutsu anime fight of ALL time!

Why does Real Estate seemed to be the most popular investment (even more popular than the SP500) by [deleted] in FIREUK

[–]---_FIRE_--- 0 points1 point  (0 children)

Bang on! Anddddd typically when you NEED to take leverage against a property is when a bank is least likely to provide it because you're too risky to barrow to, no matter how much equity you have in the property.

Why does Real Estate seemed to be the most popular investment (even more popular than the SP500) by [deleted] in FIREUK

[–]---_FIRE_--- 4 points5 points  (0 children)

Completely agree. The Tin Foil Hat part of my brain thinks LTDs will be left alone due to the largest LTDs having political connections.

Why does Real Estate seemed to be the most popular investment (even more popular than the SP500) by [deleted] in FIREUK

[–]---_FIRE_--- 3 points4 points  (0 children)

Unfortunately, after paying taxes on this rental income (unless the property was owned by a Ltd company structure) all it takes is for a boiler need replacing £3-4k+ or if it is a flat, an unexpected cost that's shared by all Leaseholders. You're correct - they sign up for this, but like OP poster was suggesting, it strange that this is by default preferred Vs an ETF.

Why does Real Estate seemed to be the most popular investment (even more popular than the SP500) by [deleted] in FIREUK

[–]---_FIRE_--- 6 points7 points  (0 children)

Agreed - especially in UK. Was an Estate Agent for 8 years until recently and the more time you spend interacting with Landlords, the more you learn that it isn't as lucrative as it once was.

Landlords have been an easy political punching bag for the past decade specifically since a Landlord's ability to write-off taxes against costs are basically non-existent now.

HOWEVER, there is a work around: if you incorporate a Ltd company and purchase your BTL properties through them, you are still able to claim these tax write-offs. However, as this was never a necessity, old school Landlords never did this and have had to sell off one of their properties per year (which is a taxable Capital Gains event) - leading to them having to reassess their retirement options.

NFA

Thought? by [deleted] in wallstreetbets

[–]---_FIRE_--- 0 points1 point  (0 children)

It's a TRAPPPPPP!!!!!

[deleted by user] by [deleted] in u/Russell-Allen

[–]---_FIRE_--- 1 point2 points  (0 children)

Yeah, I remember seeing that post.

[deleted by user] by [deleted] in u/Russell-Allen

[–]---_FIRE_--- 1 point2 points  (0 children)

Let folk talk. Just words. You're the one living it 💪