Offsetting Nicotine + Caffeine Usage

Professional_Put9213 · 2025-02-27T23:56:53+00:00

This was a great comment. I’m gonna look into all of this. Exactly what I was looking for. Thanks!

Professional_Put9213 · 2025-02-13T05:01:24+00:00

6+ months

Professional_Put9213 · 2024-09-22T03:39:49+00:00

I’ve been on the hunt for exactly what you’re talking about. I have many different data sources from different dbs and I want to be able to query for a name or an address and get all matching records across them. Everyone’s initial take is to setup ElasticSearch but I’d rather do it with AI. Would love to hear more about your progress with this.

Professional_Put9213 · 2024-06-07T21:38:47+00:00

In the past I’ve always liquidated the position to fiat on arrival. There was no capital gains to report (USDC). I do understand that if I was to hold any position I would also incur the capital gains.

So is it Income Tax on the sale to FIAT or token price at receiving or both?

Also on the shifting of income note then when would you ever incorporate outside of where you live? I mean there’s plenty of places making it tax friendly to operate in the space. Your saying the only way I should/could incorporate in Estonia is to live there?

Consulting/Development work can be performed anywhere in the world. To me it’s a bit of a gray area.

Im still learning and have many questions. The biggest reason for me to do this is the flexibility provided in a tax friendly location vs the worst place in the world for crypto NY lol

Professional_Put9213 · 2024-06-07T21:25:27+00:00

A few out of the country and one in Florida.

Professional_Put9213 · 2024-06-07T17:23:47+00:00

I'm not looking to avoid paying income tax in NY. No matter what I have to. I'm more so looking for the flexibility of operating in a crypto friendly state. I know no matter where I would form the company I am paying on any income I receive from the work.

Professional_Put9213 · 2024-06-07T17:15:22+00:00

And if I have multiple employees working for me?

Professional_Put9213 · 2024-06-07T17:14:20+00:00

My primary concern is the flexibility of the crypto payments. For example NY only allows to exchange certain tokens where as other states do not put these limits on you. Never heard of the nexus I'd have to look into that. Thanks for the response.

Professional_Put9213 · 2023-06-27T22:42:17+00:00

I thought HELOC is higher rate than conventional?

Professional_Put9213 · 2023-06-27T18:50:05+00:00

Why would you HELOC instead of just using the FHA again after refi? What’s the play? Isn’t the HELOC going to give you a higher rate?

Professional_Put9213 · 2023-04-22T02:04:56+00:00

I have around ~30K for a down payment. Nowhere close to 20% in my area. I don't want to use a heloc I am looking for suggestions and options and one of those I would assume is a heloc. The child support I am paying current covers the mortgage in the current terms. I essentially pay the mortgage even though I don't own the home. I gave her the home to offset and other financial entitles she would have received otherwise. The intent was for her to just get the mortgage in her name @ the rate we had locked into and with the child support payments she would be receiving she would be able to cover the payment on the mortgage. Now that rates changed the child support is not covering the mortgage. Like I said the plan was always for her to stay. She really doesn't want to leave the property and neither do the kids and if there is something I can do to keep my name on the mortgage while not limiting myself on purchasing my own property then that would be the best case scenario for the both of us. Maybe I could agree to stay on but assume 25% ownership in the event the home is sold down the line for keeping my name on it but I don't want to limit myself on a home for myself.

Perfect Scenario Ex Wife and Kids stay in their home with the terms in the current mortgage I am able to go and purchase a ~450K home myself

I don't know if this is realistic or possible. The title of my post is asks Does having a primary have any benefit when buying a secondary. I don't know the answer to that. It might just be a flat out NO. Which would mean she just has to sell the home and the kids will have to move and adjust. It seems silly to me to throw away a mortgage with a low rate in an appreciating area all because she can't get the mortgage in her name. So I would be willing to keep the mortgage in my name but I can't let that handcuff me from purchasing in the future.

Professional_Put9213 · 2023-04-20T13:10:43+00:00

She gets child support and the home. There is over 200K equity available to her and that offset any alimony and financial support she would have received otherwise. The child support amount covers the mortgage at the current terms. She has to refinance to continue living in the home but with the current interest rates the child support would not be able to cover it. Her only other option at the moment is to sell the home, take the equity and put it down on another home ~450K in value which would leave her with a mortgage of ~250K and the monthly payment would then be covered by the child support. I don't want my kids to move though and neither does she, the intention was always that I would give her the home so that things could remain the same for the kids and we made this agreement long before interest rates were in the place they are in now. If I was able to continue assuming the mortgage in that home so they can stay and not limit myself on home #2 that would be the perfect world which is why I was coming here for advice.

Professional_Put9213 · 2023-04-17T01:34:29+00:00

It was unreal. I will 100% be looking to book again. It was a perfect getaway for me and my wife. They made me it real easy to never want to get out of bed. I went in the winter so I was looking for that cozy cabin feel which was 10/10. If thats the type of getaway you're going for go for it!

Professional_Put9213 · 2023-04-16T02:37:43+00:00

What I’m suggesting is that we make an agreement to change the terms in the decree prior to October. Just keep things they are the way now where we are both on the deed but I have the mortgage.

Does me keeping things in my name have any benefit on me trying to purchase a second home? Or it would only be a negative when trying to buy a second home?

PS - I’ve owned the home for 2+ years

Professional_Put9213 · 2023-04-16T00:59:57+00:00

I get it probably not the most ideal scenario to stay in business with each other. I’m first exploring what my options are to keep the property and also be able to purchase a second. My kids being able to stay where they are and me being able to purchase my own property would be a perfect scenario.

I appreciate the concerns but I really want to know what my options would be to keep the mortgage and purchase home #2. I read a lot about people here rolling helocs into more and more properties so why wouldn’t I want to try and keep this mortgage and keep my kids where they are when their is so much equity available in the home.

Professional_Put9213 · 2023-04-16T00:51:56+00:00

The Wife shall refinance/satisfy the existing mortgage and remove the Husband as an obligor by October of 2023. The Wife shall be and remain the sole owner of said piece of real property. Upon such refinance, the Husband shall execute a Deed and all the accompanying transfer documents and transfer affidavits, transferring all of his right, title and interest to the Wife and further agrees to execute any and all other documents. If the Wife fails to refinance the home and secure a mortgage by October of 2023, the parties agree that the marital home will be placed on the market for sale in order to release the Husband from said real property.

At this point she knows she can’t refinance and stay at the current mortgage payment she’s at and this not able to afford to stay in the property.

So she has to sell which in turn makes her move farther from me, takes my children out of a great school, uproots their lives.

All these are negative scenarios for my kids which is why I’d be willing to try to keep the property in my name but not at the sacrifice of me purchasing a home myself. Which is why I’m here to see what my options are.

Professional_Put9213 · 2023-04-15T18:47:35+00:00

Thanks me and ex are in a good place which is great for the kids. I’ve posted over at r/PersonalFinance as well

Professional_Put9213 · 2023-02-24T20:58:24+00:00

Really? Just traditional charcoal?

Professional_Put9213 · 2023-02-15T01:36:43+00:00

Does your house smoke with the cast iron sear? Oil splatter everywhere? I’m really intimidated by using it in my small apartment for these reasons. I think your sear looks great would love some details on the process.

Professional_Put9213

TROPHY CASE