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    Get Rich in Commodities Superboom, thanx environmentalists

    I'm one of "those engineers", certainly that 25% number is news to those of us who actually do this for a living. Germany, in fact, is a great example of a place where renewables generate nearly 50% of the power and where in 2019, for example, the average German had 12 minutes of outage. That's...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    I'm not the FL expert, will defer to those who are.
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    Yeah, I wasn't talking the purchase price (having lived in San Francisco that's actually cheap), it was the carry costs. What are they doing with that HOA fee, for example! I'm guessing insurance is high because of the hurricanes? And obviously they're replacing their income tax with property tax.
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    Another Whistleblower Award Issued by CFTC to Individual Exposing Fraudulent Activity

    Interestingly you also see this in small business requirements for federal government contracts. There are a bunch of contracts that only small businesses are legible to bid on. Unlike a veteran owned business, which has a looooong (ask me how I know) and complicated process you have to go...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    I mean how expensive it is after you pay the $1M for the house!
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    It's a bit more complicated than that. As @BMK indicated, you have to depreciate the improvements (but can't depreciate the land portion) generally under a 30 year straight line schedule. So the principal part of your mortgage isn't deductible in the way you think. The HOA fees, insurance, and...
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    1/4% Tax on all stock trades pushed in NY Times today

    And yet the UK today has an FTT of .5% and has had since 1986. So perhaps the lesson isn't so clear.......
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    Although you top out SS right now at $142,800 and state unemployment bases are significantly lower than that, so its really just FICA taxes you save. With QBI at least for me it turns out the total wages part is what limits me, so I'm better off paying myself more in W-2 salary with the FICA tax...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    One other thing to think about if you haven't already is estimated taxes. If you made a lot more in Q1 than you usually do and it wasn't paid by W-2, then you'll need to pay estimated taxes for that both federal and if you're in a state with income tax, state. Otherwise you'll have to pay a...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    So a 401K is just a tax structure, not something that requires someone else manage your account. You can set up a 401K at Schwab, for example, and buy whatever you want in the account subject to the limitations on short sales and margin use. There are even ways to get around that. Not to be a...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    The Qualified Business Income (QBI) exemption for S corporations has been in effect since the tax giveaway so you can get the 20% reduction, it's just subject to some restrictions so you may not qualify for it as a single person trading entity or you may be limited to something less than the...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    Great response, and all this highlights the amount of both work and risk involved for a gain of ??? When you do the math you'll see you're greatly increasing your audit risk, the expected value you'd have to pay to go through the audit even if you came back clean, and doing a bunch of work, all...
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    Is paying an employee with real estate a legal loophole to avoid income tax?

    Or non-business flights in the company airplane or even letting an employee stay in a vacation rental for free or less than market rate. To the OP, if you could do that not only would you be doing it for your arm's length employees but if you own your own company you are often also a W-2...
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    Greylock bankruptcy

    Who are these 3 post wonders and what exactly are they trying to accomplish? They appear to be bots, but what's the point of writing a bot to just post random shit on random sites to no end?
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    1/4% Tax on all stock trades pushed in NY Times today

    You hit on the main issue there which is that the real goal isn't terribly clear. If its to raise revenue, then yeah, you need to set the tax at a level that allows HFT to remain profitable. If it's to curtail HFT, then you have to set it at a higher level that ends up curtailing to the level it...
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    1/4% Tax on all stock trades pushed in NY Times today

    Like the idea, you could even make it .5 seconds and it wouldn't impact humans. I think the issue you have to overcome is if you apply it to market makers or not. It would be hard to make a market in anything liquid with either an order tax or delay option. So we would probably have to exempt...
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    Get Rich in Commodities Superboom, thanx environmentalists

    Anyone who knows the first thing about wind energy knows their expected capacity factors. The only "expectations" that are in error are your own which you arrived at from a point of profound ignorance. That's your problem, own it instead of whining about it. Wind is an intermittent resource, no...
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    Get Rich in Commodities Superboom, thanx environmentalists

    Actually I showed that you were the opposite of dead on the money, you were dead wrong. And although I don't know why you feel the need to bring little girls into this discussion, pretty odd at best, I don't know what anyone could possibly construe as "emotional" about a list of numbers and...
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    Get Rich in Commodities Superboom, thanx environmentalists

    That shows that 32 GW of wind was operating at a capacity factor of 16% which converts to 5.35 GW operating at 100% capacity factor. If you looked up the expected winter capacity factor for wind in ERCOT you would see it was 19.4% which translates to 6.2 GW at 100% capacity factor (Winter...
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    Get Rich in Commodities Superboom, thanx environmentalists

    You're right. If we have questions about a medical issue, by all means we can't rely on a doctor's opinion because they've got skin in the game. We need to listen to @athlonmank8 instead. Want to discuss the 737 MAX issue, definitely don't ask an aeronautical engineer or pilot, they've got skin...
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