Hooligans Sportsbook

boo taxes

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I've always been fiscally conservative! Used to be registered Republican, voted for Bush. Became a Dem by default purely on social issues.

And now Dems have gone so far left with those I don't know what the hell I am 😬

Certainly nothing represented by what these two sides are pandering to.
 
24000 * .0175 = $420. You paid $420 for 24420 pts (assuming no multiplier category).

Points are typically valued at 1.3-1.5 cpp. So at the top end of that you paid $420 for $366 in value. However, if you value first class international travel (or domestic lie flat business) or you take advantage of some redemption/transfer multipliers (e.g. 30% more Avios) you can get 2.5-3.5cpp. So it's probably a wash.
 
Just sent my client this info on purchasing investment properties:


It’s my understanding, you only pay tax on profit.

So if your profit was 70k then you pay a percentage of taxes on that which can’t exceed that10-37% range I gave you previously.

But let’s say you’re in the absolute highest tax bracket and make over 600k in taxable income per year then he pays 37% taxes on the 70k which leaves you with 44k.

Where else can you make 12.5 % return on his cash, esp in 6 months or less?

That’s assuming your buying with all cash, your cash on cash would be much higher if using leverage.
 
No tax on tips or overtime sucks and will cost w-4 ees and business owners in the long run (even though its supposed to sunset in '28).

Are rates in play? I heard SALT cap might go up... if rates revert that's a net tax increase. If rates hold that's a decent cut for many (myself included).
 
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