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Finance for the Family
Dual income (healthcare field PharmD/MD) with 4 kids helping large families manage personal finance.
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Finance for the Family May 5
Has anyone donated RE to charity? I have a paid for rental that I don't want to manage anymore or pay cap gains and dep. recapture upon sale. Thinking this may be a legal to not pay the taxes. We fund our DAF every year so if we did this, we would stop funding for a few years
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Finance for the Family Mar 10
Not sure. Are publicly traded REITs better than private ones? Has anyone done an analysis?
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Finance for the Family Mar 9
Where should I invest $15k right now? I'm considering eFunds. I don't want to be a landlord and I already invest in a market index fund monthly.
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Finance for the Family Aug 30
Replying to @FrugalPharm
Yes
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Finance for the Family Aug 17
I agree! Mine is at 3%. With the tax deduction it's an effective 2% loan. If I paid that loan off years ago instead of keeping it in the market, I would've kicked myself.
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Finance for the Family Aug 14
doing a series on millionaire families...if you have 3 or more kids and are a millionaire, hit me up!
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Finance for the Family Aug 12
Thank you!!
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Finance for the Family retweeted
BeThree Aug 12
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Finance for the Family Aug 8
Amazon Hiring for Over 200 Work-From-Home Positions via
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Finance for the Family Aug 2
Just got into a debate on the value of electric cars. Environment aside, it seems that hybrid/electric cars take a long time to recoup any savings vs their gas counterparts. The hybrid Pacifica is $13k more than the gas version.
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Finance for the Family Jul 19
Just called HR on my second day at the new employer. They allow in-service distributions 4 times a year! - via
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Finance for the Family Jul 16
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Finance for the Family Jul 16
Very true, but wouldn't want it any other way. Want to retire early? Make lots of money and don’t have kids
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Finance for the Family Jul 13
Replying to @finance4thefam
60% of AGI for cash and 30% for stock/real estate. I believe you can carry forward up to 5 years any amount that exceeds that. I'm leaning towards it but I have a few more years before the place is fully depreciated. Love tax savings strategies!
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Finance for the Family Jul 13
Will I use again? The comments section is convincing me to give them a second chance.
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Finance for the Family Jul 13
Thanks Joe! I'm aware of this feature but the charities I donate to are not available. Also, I like to donate a bunch each year to a DAF for the tax deduction but only distribute a portion of that to our charities each year.
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Finance for the Family Jul 13
About to transfer $50k of appreciated stock into my DAF! I was waiting for the cost basis info to show up from . It was finally reflected today...
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Finance for the Family Jul 12
Once my fully paid for rental is fully depreciated, does it make sense to donate the whole thing to to avoid paying tax on a future sale? I’m aware of 1031, but this seems like another route.
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Finance for the Family Jul 12
Got my dividends yesterday...thanks !
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Finance for the Family Jul 11
Replying to @DINKingAroundFi
Tell your boss "look what you made me do"
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