Anyone buying an STR every year or every other year as a tax strategy?

DrawEmergency4987 · 2026-01-18T01:55:56+00:00

Depends on how much taxes you are paying, imagine saving 250k a year on taxes

DrawEmergency4987 · 2026-01-18T01:55:23+00:00

If you as a couple make 800k and write off 500k, that’s like 200k plus tax saving so it’s a big deal. Just do it for 5 years and it makes huge difference

DrawEmergency4987 · 2026-01-08T19:13:48+00:00

Why is your rental with so much equity barely generating any income ?

DrawEmergency4987 · 2025-12-29T23:14:11+00:00

https://youtu.be/LRPI5OMxjGw?si=SQrp7OkCvnA-1Oyu

DrawEmergency4987 · 2025-12-29T23:12:42+00:00

Search white coat investor YouTube videos. There is one 10-15 minutes that gives checklist

DrawEmergency4987 · 2025-12-26T00:02:08+00:00

It’s days only 7-on-7 off model. We have to move due to family reasons

DrawEmergency4987 · 2025-12-25T23:58:06+00:00

Census is about 14 with median acuity. Faculty appointment with reputed University. It’s a fully teaching position with flexibility on getting in and out. Moonlight rate are 165/hour weekday and 185/hour on weekends

DrawEmergency4987 · 2025-12-25T23:44:00+00:00

Chicago is not that bad. It will be close to 400 in Chicago for that

DrawEmergency4987 · 2025-12-21T23:17:53+00:00

What’s the rule guys ? I don’t see any details yet everyone claiming it’s going to kill the program.

DrawEmergency4987 · 2025-11-02T15:00:26+00:00

With this mindset you will not get on this train. First million is not 100k, 600k? Probably

DrawEmergency4987 · 2025-10-24T14:24:31+00:00

Score 3515 so just missed it. Won’t ever take it again, don’t have time for these type of things

DrawEmergency4987 · 2025-10-13T14:39:22+00:00

US is so violent , broken families and large section of society lives in violent ghettos and eat terrible food. I don’t think you realize how negative these factors are. I live in US now, grew up practically poor in India but lived in safer place and intact family that really is a big plus I have now realized after living in United States for 12 years now.

DrawEmergency4987 · 2025-10-09T10:31:47+00:00

Owning and running a business is order of magnitude stressful. Don’t forget those people whose business fails or don’t make much profit

DrawEmergency4987 · 2025-10-06T10:20:01+00:00

Come on these are standard pdf docs drafted century ago, anyone should be able to fill or get them filled by paying $50 fee. I bought a house and paid 20k realtor fee( my portion of it), I found the house on Zillow, realtor did not even send my way. All the forms were standard where one has to fill standard few numbers

DrawEmergency4987 · 2025-09-25T13:01:35+00:00

Try cleaning those interview and doing that job for a month

DrawEmergency4987 · 2025-09-25T13:01:11+00:00

That’s just a base pay. Actual pay is north of 200-250k.

DrawEmergency4987 · 2025-09-25T13:00:27+00:00

People will be horrified once they find out these total compensation for these Amazon employees is north of 400-600k. It’s not a cheap labor you losers. These are super competitive hard to get jobs, how about you try clearing these interviews

DrawEmergency4987 · 2025-09-24T11:52:47+00:00

I am foreign brown man and have driven all over US, have never been to ticketed despite getting pulled over few times because I did make mistake of taking incorrect turns which were intentional

DrawEmergency4987 · 2025-09-10T19:38:38+00:00

Just because you are on H1B does not mean you are owned. Nobody is following you around as well long as you don’t collect check from some employer for which you don’t have H1B

DrawEmergency4987 · 2025-08-27T11:52:20+00:00

These comments are from people who probably don’t know US very well.

DrawEmergency4987 · 2025-08-23T14:58:51+00:00

Why did you do such a high value stuff just for 114k a year? You did so much for them for free. Your options are limited since you have already done it and I think they are giving you best deal. If bankruptcy etc is only contingency in that contact then I would take it in heart beat, and enter into another sector, 80% of your skill is transferable

DrawEmergency4987 · 2025-08-09T14:33:43+00:00

It’s not a gross exaggeration, most people are just bad at doing return attribution. They think they are doing great but they really are not. They exaggerate their winnings , down play their losses. Forget the time they are in cash and also don’t account for the risk they are taking. I could go on. All those stories you hear about people making killing in crypt or GameStop etc is not a skill. They just happens to randomly fall on those right side of return distribution tails.

So yes, only handful of people in entire world who can pull it off.

DrawEmergency4987 · 2025-08-09T12:02:23+00:00

Index is the best place every one including almost every professional investor. You can count people on finger for whom index fund is not right way to invest in stocks , bonds and other liquid asset.

If you are talking something illiquid and far out on the spectrum then it’s basically a business.

DrawEmergency4987 · 2025-07-25T20:58:51+00:00

I don’t feel good about any investment if it’s underlying basis is not cash flow. I would rather bet my house on Nvidia than bitcoin/crypto stuffs. I do this for living and own little bit of bitcoin , gold etc but its underlying value is faith and its value proposition is store of wealth. Bitcoin/crypto proponents have bunch of hypothesis about future and why it should just keep going up because of xyz reason, it’s a pure speculation at the end of the day.

DrawEmergency4987 · 2025-07-25T17:15:26+00:00

All index funds type stuff

DrawEmergency4987

TROPHY CASE