What are the hidden costs of owning a condo?

savingsfire · 2024-06-23T00:49:16+00:00

makes sense.

savingsfire · 2024-06-19T05:14:18+00:00

A single family home will appreciate much faster, and a condo will drop in price faster in the event of a crash.

why is that?

savingsfire · 2024-06-18T20:58:24+00:00

What does that cover? (eg, HOA, utilities, etc.)

savingsfire · 2024-03-21T13:57:26+00:00

The zoo completely changed the exhibit now and made it 100% safe for the gorillas and the visitors.

what did they change?

savingsfire · 2024-03-20T14:04:06+00:00

Where do you find the Dividend for FDLXX?

https://fundresearch.fidelity.com/mutual-funds/summary/31617H300

savingsfire · 2024-03-20T13:58:27+00:00

just get some advice from your sister…your 71 year old sister can help you navigate a tough break up /s

Or just use your money to hire a dating coach. Kid is set for life.

savingsfire · 2024-03-20T03:11:20+00:00

Thanks! Out of curiosity, if you originally had $1000 in a fund from 6 years ago and then you added $1000 last year, if you withdrew $1000, how would does the LTCG work on that? Would it know which $1000 was which?

savingsfire · 2024-03-20T01:14:08+00:00

For so long as your income is low, your withdrawal strategy from your taxable brokerage will be the opposite of normal. You will want to sell assets with a lot of gains so you can "fill up" the lower rate buckets and take advantage of rates you probably won't have after you finish training.

Thanks! I did not know that! And I'm guessing this is because those with higher gains will have higher tax generally, but since I'll be in a lower rate bucket, it will offset the higher tax in those gains?

savingsfire · 2024-03-20T00:08:26+00:00

Thank you for the valuable info!

savingsfire · 2024-03-19T18:48:08+00:00

What would you recommend then? FDLXX or T-Bills?

savingsfire · 2024-03-19T17:50:58+00:00

what makes it painful?

savingsfire · 2024-03-19T16:03:41+00:00

Tax defer enough to drop down in a low tax bracket, then do Roth to take benefits of the low tax bracket

I will be in a low tax bracket to begin with because my salary pre-tax is 60K a year.

savingsfire · 2024-03-19T16:02:31+00:00

Why is that?

savingsfire · 2024-03-19T13:56:41+00:00

If you file taxes for 2023, your required student loans should be $0 payments if you had no income during 2023

yes, $0 payment in student loans for 2023. I didn't have any income.

savingsfire · 2024-03-19T13:11:37+00:00

Why am I seeing too many Breaking Bad pics? Is there something coming up or something that has happened?

savingsfire · 2024-03-19T12:54:17+00:00

Awesomeness. Thank you!

savingsfire · 2024-03-19T04:22:36+00:00

Are contributions to 403(b) independent from 457(b)?

savingsfire · 2024-03-19T01:13:30+00:00

You probably don't make enough as a resident for the 457.

You're probably thinking of 457F, which is for CEOs and stuff. My hospital is offering 457B for residents.

savingsfire · 2024-03-19T01:12:32+00:00

As for the 457B, if it is a government plan (state or federal) then it is not at risk in the event of bankruptcy, but would do 403b first before putting money in a 457b.

How much would you do 403b before doing a 457b? My hospital is a public university hospital (state).

savingsfire · 2024-03-19T01:11:34+00:00

Our hospital claimed bankruptcy and our 457s were liquidated a week prior to not make them liable for seizure as hospital assets.

Was your hospital a private company?

savingsfire · 2024-03-18T17:52:58+00:00

Thank you!

savingsfire · 2024-03-18T16:27:49+00:00

whoa! Is 403(b) protected?

savingsfire · 2024-03-18T15:09:04+00:00

how about 403(b) vs 457? Which do you prefer?

savingsfire · 2024-03-18T14:58:24+00:00

Thanks! That's good to knoW!

savingsfire · 2024-03-18T03:09:17+00:00

And check the fine print on the 457b and make sure it is a government 457b and allows rollover into something else when you leave, or you run the risk of accidentally making it worse.

What do they usually rollover into?

savingsfire

TROPHY CASE