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REIT structure and taxation? |
According to investopedia, a REIT is similar to a mutual fund, in that they pool capital to invest in real estate. But as far as I know, REITS do have an IPO, and traded like a stock. My question: is REIT's outstanding shares generally a fixed number or not? If yes, it's more like a stock.
Besides, in this article: ... |
I received an email boasting about a company doing the following in their 4th quarter
> Revenues up 94% to $978m USD
> Operating Income up 600% to $200m
> Net profit of $123.9m
What is the difference between all these terms? It seems they all mean income from sales, minus the cost of doing business.
|
What's the difference between "gross profit", "operating income" and "net income"? |
Check the sale contract for your new car. How much did you get for the trade-in? 2000$? 4000$? Pay that money and get the old truck back.
Or tell them to make a new sale contract, without the trade-in.
If they refuse, threaten to go back on the buying. They risk losing a sale and getting back a new car that has ... |
I received an email boasting about a company doing the following in their 4th quarter
> - Revenues up 94% to $978m USD
> - Operating Income up 600% to $200m
> - Net profit of $123.9m
What is the difference between all these terms? It seems they all mean income from sales, minus the cost of doing business.
|
I recently requested a statement from SF England regarding my student loan outstanding debt. Once I had this I was leafing through but started to become confused about their methods of calculating compound interest.
If you consider the opening transaction and the interest calculation:
[I cannot embed images just ... |
I'm trying to setup a calculator in google sheets where I calculate the future value of investing for example:
- a principal of 10.000
- into which I deposit 1.000 every month
- the investment doesn't give steady monthly returns but we can know an annualized average of 20% (say stocks or ETFs)
Would it be co... |
> Would it be correct to use the formula: FV(20, 12, 1000, -10000)
Yes. (I'd write the formula as `-FV(20, 12, 1000, 10000)`. Mathematically they are identical, and *I* interpret `-10000` as a negative amount of money. However, maybe trained analysts use `-10000` and I'm the wrong one.)
> The main doubt is als... |
As far as I can tell (more info here https://www.gov.uk/guidance/how-interest-is-calculated-plan-2 ) interest on Plan 2 student loans is calculated daily and compounded monthly.
This means on Day 1 they calculate 1/365 of the annual interest rate on the amount you currently owe. Remember this number, but don't do a... |
Our company was recently acquired. I'll call it Company A acquired Company B.
I have an HSA account with Company B. There is around $6,000 in there. Company A acquired Company B and now we have a new HSA. The Company A HSA sponsored plan doesn't allow investing of the HSA monies.
I was going to consolidate the HS... |
> Would it be correct to use the formula: FV(20, 12, 1000, -10000)
EDIT: both you and I overlooked percentage. The first parameter should be `20%` not `20`.
Yes. (I'd write the formula as `-FV(20%, 12, 1000, 10000)`. Mathematically they are identical, and *I* interpret `-10000` as a negative amount of money. ... |
I'm trying to setup a calculator in google sheets where I calculate the future value of investing for example:
- a principal of 10.000
- into which I deposit 1.000 every month
- the investment doesn't give steady monthly returns but we can know an annualized average of 20% (say stocks or ETFs)
Would it be co... |
> Would it be correct to use the formula: FV(20, 12, 1000, -10000)
EDIT: both you and I overlooked percentage. The first parameter should be `20%` not `20`.
Yes. (I'd write the formula as `-FV(20%/12, 12, 1000, 10000)`. Mathematically they are identical, and *I* interpret `-10000` as a negative amount of money... |
I and my wife recently (2 months ago) received our green cards (family - parent based). We came to US at the end of January, and received GCs in Sept. Due to Covid-19, we got stuck up in US. I opened bank account in US bank.
1) I am aware that we need to convert all our bank accounts in Indian banks to NRO / NRE. H... |
Someone wants to give me a check over the internet to deposit into my account. If I have a checking and savings account, can they access both? or can they just get to one account? |
How many accounts can a scammer take money from? |
As far as I can tell (more info here https://www.gov.uk/guidance/how-interest-is-calculated-plan-2 ) interest on Plan 2 student loans is calculated daily and compounded monthly.
This means on Day 1 they calculate 1/365 of the annual interest rate on the amount you currently owe. Remember this number, but don't do a... |
I recently requested a statement from SF England regarding my student loan outstanding debt. Once I had this I was leafing through but started to become confused about their methods of calculating compound interest.
If you consider the opening transaction and the interest calculation:
[![Opening transaction and i... |
If TurboTax is using a number smaller than you expect, it is either not picking up one of your entries, or it is subtracting out one that you are not expecting. You can narrow the possibilities down by temporarily changing some of your entered values (on the 1099-INT or 1099-OID) and seeing what effect that has on line... |
I am looking at different ETCs. I noticed that some ETCs have a collateral level of 50% and other may have 100%. What does this number entail? Is it basically how well the ETC will follow the underlying commodity spot price the higher the collateral level since we have less non invested cash in the ETC? |
What does "collateral" mean for an ETC? |
I recently moved to Germany, and I was shocked to discover that almost all of the credit unions and banks here charge a fee just for me to give them my money. Why?
Background: I'm from the US. In my country, [there's about 2,000 credit unions][1] that are members of CO-OP Financial Services. Every credit union I've ... |
Why do credit unions in Germany charge a monthly fee? |
Why do credit unions in Germany charge a monthly fee (Kreditvereine Kostenloses Girokonto)? |
I recently moved to Germany, and I was shocked to discover that almost all of the credit unions (Kreditvereine) and banks here charge a fee just for me to give them my money. Why?
Background: I'm from the US. In my country, [there's about 2,000 credit unions][1] that are members of CO-OP Financial Services. Every cr... |
I am an Indian citizen who moved to the United States on a J-1 visa. I worked for one employer for just over two years before moving to another employer for whom I worked for one year. I am now working somewhere else, on a different visa, and want to apply for permanent residence soon. While going through my old W-2 fo... |
Past employer should have withheld FICA taxes—but did not do so. What do I do now? (J-1 Visa) |
> The ETC (exchange traded commodity) is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon.
[Source.][1]
**What is a swap and collateral in... |
How does the swap and collateral work in this context? |
**When the only eligible replacement shares for a wash sale basis adjustment have already been adjusted, are they adjusted again? Or is the loss allowed?**
Example:
Suppose this is the entirety of my trading activity.
- Day 1: buy XYZ $10 -> LOT 1
- Day 2: buy XYZ $20 -> LOT 2
- Day 3: sell XYZ $10 <- LOT ... |
IRS Wash Sale Rule: can a single lot be adjusted more than once? |
I am analyzing e.g. TUI Group stocks.
In XTB broker we can see peak at around 20 EUR, current price ~5.2 EUR:
[![enter image description here][1]][1]
In Exante we can see peak at around 20 EUR, current price ~5.2 EUR:
[![enter image description here][2]][2]
But when we check e.g. www.boerse-frankfurt.de (whi... |
Please don't confuse it with answer [here][1]. Mine is not a duplicate question.
If I am not F1-OPT (1st year not the STEM extension) or F1- full time student and have acquired the resident alien status do I have to pay the social security and medicare taxes? I am a bit confused. Based on the screenshot pasted below... |
I was watching GME stock this afternoon, and it halted twice:
* once at 3:38pm ET, and it resumed trading at 3:43pm ET
* again at 3:46pm ET, and it did not resume trading until after 4:00pm ET
This is consistent with the Nasdaq's [list of stock halts][1] for today:
[![enter image description here][2]][2]
B... |
How do stock volatility halts work? |
Could someone explain to me how an insider disposed shares with "$0.00" price according to [PLTR SEC Form 4][1]? I understand the acquired shares with "$0.00" price may be given as bonuses.
[1]: https://www.secform4.com/filings/1321655/0000899243-21-007468.htm#F6 |
How is the market cap of a commodity calculated? |
Is the Market Cap of Commodities different from Shares? |
Many sources only mention that if the option expires worthless, I will lose the premium as the maximum loss. But in reality, I can also lose money even if my put option is in the money if I forgot to sell it before it expires, isn't it?
For example the stock is now at $110, I bought a strike price 100 put option at ... |
Many sources only mention that if the option expires worthless, I will lose the premium as the maximum loss. But in reality, I can also lose money even if my put option is in the money if I forgot to sell it before it expires, isn't it?
For example the stock is now at $110, I bought a strike price 100 put option at ... |
I the owner of a C-Corporation that didn't have any revenue in 2020. I am filing my personal tax returns and was wondering if I need a W2 issued by the Corporation with 0 income or can I just report no income on my returns without a W2?
Just wanted to do this the right way. |
Does the owner of a corporation need a W2 for personal taxes if the Corporation revenue was 0 and didn't make any money? |
I would like to buy a ca. £75 item on `amazon.co.uk` which is “Sold by: Amazon EU”, and to be delivered in the UK (England).
The confirmation pane looks like this (promotion = free delivery):
[![enter image description here][1]][1]
**Question:** Should I then expect to pay customs fees when receiving the parce... |
My company has consistently given out bonuses for the past few years and the bonuses have been gradually rising each year. Currently the bonuses are around 15-20% of my annual salary.
I spoke to my manager about potentially moving some of this bonus to my salary instead - as this would allow me to get a bigger mort... |
Are there any downsides to having a bigger salary rather than a bonus? |
There is no downside for you but there is for the company.
If the company has a bad year, it can stop your bonus but it can't reduce your salary (or at least that is much harder to do).
When is the last time you got a raise? Since you are getting good bonuses you seem like a valuable employee. Why not just ask ... |
I am required to [file 8938 ][1]as I am filing jointly with my wife. She has 2 foreign account in her home country. On 8938, the first items are:
> Name(s) shown on return.
should this be both our names like "John Doe & Jane Doe" or just her name "Jane Doe".
> TIN.
Sho... |
Married filing jointly, whose name & SSN/TIN should go on 8938 for spouse's foreign account? |
Please don't confuse it with answer [here][1]. Mine is not a duplicate question.
If I am on F1 (non-immigrant student) visa and doing my [OPT][2] (1st year not the STEM extension) or I am a full time student (still on F1 visa) and have acquired the resident alien status for the tax purposes. Do I have to pay the soc... |
I'm disabled and considering structuring a mortgage assumption to buy a primary home in Texas. My strategy is to have the seller settle a living estate trust that will bi pass me and convey to my heirs at maturity (death of the settler or note payoff). Using a Close held C corp (I'm CEO with rights to convert all holdi... |
How can I word a life estate for myself without saying Life Estate? |
I'm disabled and considering structuring a mortgage assumption to buy a primary home in Texas. My strategy is to have the seller settle a living estate trust that will bi pass me and convey to my heirs at maturity (death of the settler or note payoff). Using a Close held C corp (I'm CEO with rights to convert all holdi... |
I have read/heard that the ultra wealthy manage to avoid paying capital gains taxes on their wealth by simply borrowing against their assets at very low interest rates. Conceptually this makes sense to me... don't want to pay the taxes on the gain, so avoid selling and just borrow on the value. But my question is... wh... |
How/why to borrow against assets? |
Pretty straightforward question, with, I imagine, very complex answers. I know the yield curve basically impacts the entire financial system, but I am looking to understand its macro-effects. Here are some postulations that I have surmised... please let me know if they are right/wrong, and what other implications I hav... |
What are the implications of a steepening yield curve? |
I'm UK based. I know that credit cards charge extra cash transaction fees for not only getting cash from the ATM but also for things which are not *quite* cash like crypto, gift cards or gambling. Is donating money to a charity also considered a cash advance purchase? |
Is donating money to charities / non-profits with a credit card considered a cash advance transaction? |
Here's a screenshot from the recent transaction history (this December) from the 401k from an employer that I haven't been employed by for many years. The index fund in question pays out a dividend and I see a 100% "safe harbor match" every single time. Is this actually a 401k match from the employer or some sort of gl... |
Why is my former employer matching dividends in my 401k? |
My understanding is that a stock ETF's distribution yield is not the same as its dividend yield, since the former is net taxes and fund fees and might also include "other distributions" than just dividends, whereas the latter is simply the dividends of the underlying holdings in relation to current share price.
So b... |
>Is this actually a 401k match from the employer or some sort of glitch?
Neither - it's identifying the _source_ of the units that are paying dividends (note the the column header). Half of your 0.665 units of the FID 500 Index were provided via your PRE-TAX contributions, and the other half was provided by the SAFE... |
In this article, "How to Avoid Paying Taxes on a Bonus Check" it suggests the following:
Strategies to manage the taxes you’ll have to pay on a bonus fall into two camps. First, you can
reduce your gross income. Second, you can increase the deductions that apply to your income.
My question is two-fold.
... |
>Can an employer just put $500 into my 401k to avoid taxes and the IRS is OK with that?
You can typically designate a portion of bonuses and other irregular income to go to your 401(k), which is perfectly acceptable so long as you don't exceed annual contribution maximums. I don't know if you'll be able to do it _af... |
My question is quick and simple. However, I would like to use this answer to further my understanding of bonds and yields.
If the YTM on a 10yr Note yesterday was 1.00% and the YTM on the same 10yr Note today is 1.10%, did the yield increase by:
1. 0.10%, i.e. (1.10% - 1.00% = 0.10% ?
2. 10.0%, i.e. (1.10%/1.0... |
What is the best way to interpret changes in Treasury yields? |
>What does yield actually represent?
Yield for a bond is the effective interest rate you get from the cash flows (coupons + final payment) of the bond. It is meant to be mathematically equivalent to putting the money you'd pay for the bond in a savings account that pays the "yield" in interest, and depositing all of... |
> Can an employer just put $500 into my 401k to avoid taxes and the IRS
> is OK with that?
The company I work for, and the company my spouse works for, put the profit sharing directly into the 401(k). It counts as a company contribution not as part of the employee contribution. There are zero income taxes, and zero... |
Currently my wife and I are living in California. I work remote for a company there. I am not a US citizen but I have an EAD (work authorization) in case it matters. So for now, I have been a California tax resident.
My wife is pregnant and we are considering moving back with her parents until the baby is born and t... |
If I move out of state for 6 months to work remote, how do I setup my tax residence? |
Currently my wife and I are living in California. I work remote for a company there. I am not a US citizen but I have an EAD (work authorization) in case it matters. So for now, I have been a California tax resident.
My wife is pregnant and we are considering moving back with her parents until the baby is born and t... |
The following is my scenario:
I purchased 100 shares of stock A in November 2019, and 50 more shares of the same stock in November 2020. I sold 70 shares of stock A in December 2020 from which I made some gains.
My question is how do I determine whether those gains are taxes as long or short term since it is not re... |
How to determine if my capital gains were long or short term if I only sold a fraction of my shares? |
I was watching GME stock on Feb 24, 2021, and it halted twice:
* once at 3:38pm ET, and it resumed trading at 3:43pm ET
* again at 3:46pm ET, and it did not resume trading until after 4:00pm ET
This is consistent with the Nasdaq's [list of stock halts][1]:
[![enter image description here][2]][2]
Both GME h... |
>What does yield actually represent?
Yield for a bond is the effective interest rate you get from the cash flows (coupons + final payment) of the bond. It is meant to be mathematically equivalent to putting the money you'd pay for the bond in a savings account that pays the "yield" in interest, and depositing all of... |
In this article, "How to Avoid Paying Taxes on a Bonus Check" it suggests the following:
> Strategies to manage the taxes you’ll have to pay on a bonus fall into two camps. First, you can
> reduce your gross income. Second, you can increase the deductions that apply to your income.
My question is two-fold.
For... |
What formula would I use to calculate the percent of an APR if I knew the payment, principal, and interest? |
Many sources only mention that if the option expires worthless, I will lose the premium as the maximum loss. But in reality, I can also lose money higher than the max loss even if my put option is in the money if I forgot to sell it before it expires? Consider the following case:
For example the stock was at $110 wh... |
Does the treasury yield mean current yield or yield to maturity according to [Bloomberg][1]?
[1]: https://www.bloomberg.com/markets/rates-bonds/government-bonds/us |
What does the treasury yield mean that is causing the market pullback? |
> What is the end game?
It depends upon the tax jurisdiction that you are subject to.
In the U.S., if you hold onto a capital asset until death, the untaxed and unrealized capital gains in an appreciated asset are eliminated by operation of law and your heirs can sale the asset as if they purchased it for fair ma... |
> What is the end game?
It depends upon the tax jurisdiction that you are subject to.
**Step Up In Basis v. Estate Taxation In A U.S. End Game**
In the U.S., if you hold onto a capital asset until death, the untaxed and unrealized capital gains in an appreciated asset are eliminated by operation of law and you... |
How to transfer Stocks from CASH account to TFSA(Canada)? |
Yes, it is feasible.
While many people don't think it's a good idea, let's look into it in a little more detail. Option is a zero sum game. Overall, whose are the winners? the ones who sell the option, because most options expire worthless. Naturally, the option buyers are the losers.
Not every option selling tra... |
A property manager requires rent to be paid using check. Is it normal that rent cannot be paid using electronic methods such as a credit/debit card, or a bank transfer, or Paypal, or anything electronic?
Can checks be obtained without going into a physical bank?
It seems insane to refuse all electronic methods of... |
In the US, is it normal to not include an electronic way to pay rent? |
> Is it normal that rent cannot be paid using electronic methods such as
> a credit/debit card, or a bank transfer, or Paypal, or anything
> electronic?
It's fairly common amongst landlords. Many of the other more convenient payment methods carry transaction/merchant fees, and many landlords don't have the kind of... |
> Is it normal that rent cannot be paid using electronic methods such as a credit/debit card, or a bank transfer, or Paypal, or anything electronic?
It's highly dependent on the landlord/property manager.
> Can checks be obtained without going into a physical bank?
Yes: online bill payment. (I configured my o... |
> Is it normal that rent cannot be paid using electronic methods such as
> a credit/debit card, or a bank transfer, or Paypal, or anything
> electronic?
It's fairly common, especially with smaller companies/independent landlords. Many of the other more convenient payment methods carry transaction/merchant fees, an... |
A family member has a Roth IRA and she just received a IRS Form 990-T from Fidelity. She was mainly trading with her Roth IRA, which was suppose to be tax free until retirement age. Does she need to pay for taxes on the gains she made with her Roth IRA? What is the IRS Form 990-T for then? |
Roth IRA on Fidelity received a IRS Form 990-T. What is this for? |
[Savings needed to fund health insurance and health care expenses in retirement][1]
==
> *Conclusion*
>
> This report provides estimates for savings needed to cover health
> insurance to supplement Medicare and out-of-pocket expenses for health
> care services in retirement. It finds that a male age 65 in 2008... |
A property manager requires rent to be paid using check. Is it normal that rent cannot be paid using electronic methods such as a credit/debit card, or a bank transfer, or Paypal, or anything electronic?
Can checks be obtained without going into a physical bank?
It seems crazy to refuse all electronic methods of ... |
I have two different personal accounts. One on Robinhood and one with Webull. I have many shares of a stock in Robinhood that I am trying to hold for a year or more before I sell. At the same time I am adding shares of the same stock on Web Bull. If I've held all of the shares held in Robinhood for more than a ye... |
Say investor B has a gold bar, and must pay 1 dollar per day to store it. Investor A shorts gold, borrowing the gold bar from B, and selling it to investor C.
What I want to know is, what happens to the cost of carry here? Who pays it? Since investor C bought a bar of gold and doesn't care whether it was from a shor... |
What happens to cost of carry when a commodity is short-sold? |
The way most installment loans work is that they have a fixed interest rate and a fixed monthly payment. As you pay down the loan, the amount of each payment that goes to interest declines.
For example, say you borrow $1000 at 12% interest. I say 12% because that works out neatly to 1% per month. The payments are $1... |
Can I transfer stocks from a margin account to a TFSA to avoid capital gains tax? |
I have two different personal accounts. One on Robinhood and one with Webull. I have many shares of a stock in Robinhood that I am trying to hold for a year or more before I sell. At the same time I am adding shares of the same stock on Web Bull.
If I've held all of the shares held in Robinhood for more than a ... |
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