In our HOA we have a specific deed restriction that says we cannot rent or lease out less than the whole property. What does yours say?
Do NOT use a settlement payout company. You will get pennies on the dollar.
You could setup a trust as another poster suggested.
Setup a checking account at one of the large investment companies (Schwab, Fidelity, Vanguard, etc). Call them and talk to them about automatic investment. Most have the equivalent of a 3 fund portfolio they would put you into. Once you have an emergency fund built up in that checking account, setup automatic transfers from the checking to the investment account monthly. Then setup automatic investment.
Yep. And in order to avoid any issues in the next 2 months regarding money, ask if he could come up with the money up front.
Also, be very clear with any ‘rules’ you may have up front. Parties? Overnight guests? Rules around use of the kitchen / food? Parking?
Investor.gov has a nice calculator to tell you how much you need to invest.
You need to know: Starting balance Monthly contribution amount Expected return & variance range And time you have to let it grow
It’s math using historical returns versus emotional investments. Do what feels good.
You will lose. And owe interest on those fines.
They can enforce the rules however they see fit. Just like every other law enforcement agency in the world.
And just like the others, a power trip of enforcement with no requirement to help or serve. Our HOA doesn't do anything for our neighborhood except keep the common grass mowed. We have a small lake with a dirt track, so when it rains, you can't even fucking use it. Fees keep going up, though. We're enclosed by two other neighborhoods, so there is no chance of adding anything to our community. I wonder what we're paying for.
If you are so against it… move.
Short answer is, YES. You can contribute the full $3700. You can then contribute another $2300 assuming you make at least another $1150, and have $2300 to contribute.
This is all contingent upon your AGI for the year. Will you make more than $120k?
Sadly, no I will not be making more than $120k. This is all I will be making on a W2 wage. I have savings though so I will contribute the full $4,894.
I am assuming you are pretty young? If so, good on you for getting started early. Something I wish I had done.
Best possibility, buy a premium economy seat and try to use points to upgrade. Chance of there being a biz class seat for award now, essentially zero.
Premium economy is around 1k How many points do you think I’ll need to have to upgrade ?
Call Singapore airlines. I really don’t know. It could be 40k per person, or 140k.
WantToRetireSomeday
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