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.
 
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