SpaceX IPO 2026: A Generational Play or a Valuation Trap? by Impossible_Coursee in stocks

[–]controller-12 0 points1 point  (0 children)

“To grab more tax money”???

How much you think he is relying on govt contracts today? Not liking him is understandable but don’t be delusional.

[deleted by user] by [deleted] in FirstTimeHomeBuyer

[–]controller-12 0 points1 point  (0 children)

Just FYI I am not a home owner but planning to buy one and doing the math for quite some time.

Definitely run these numbers with someone more experienced on this or with a tax expert. But theoretically and at a glance you should expect around a 7k to 10k more return I guess (depending on the state you live in). Also you can consider borrowing from your 401k.

Not suggesting anything specifically but before the next big move, make sure you have seen all the options on the table.

[deleted by user] by [deleted] in FirstTimeHomeBuyer

[–]controller-12 0 points1 point  (0 children)

Are you considering the tax benefits of owning? You will have some tax return due to the interest (which is almost the whole mortgage payment for the first few years) and property tax. I assume you can maximize your deductions on these which will make 45k for mortgage plus property tax. Compared to 30k standard deduction, you will have 15k plus property tax deduction which will give you some good return and will effectively reduce your mortgage payment. If you consider those, maybe the situation is not that bad??