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No tax expert here, only large corporate accounting. Sorry, can’t help you there.
I can help. You can't rollover any portion of the credit, and you can't delay taking the credit until a later year when you may have sufficient tax liability to utilize it.
I can help. You can't rollover any portion of the credit, and you can't delay taking the credit until a later year when you may have sufficient tax liability to utilize it.
Well, that sucks . We will be working with a tax professional to figure it out. Unless you have some advice . PM will work
Most of my money is either in my home or investments. I keep a small amount of emergency cash in savings, so I agree with you, 1/3 is lot of money that is either collecting a very pitiful amount of interest or none at all. Of course with the markets the way they are right now, my portfolio is looking a little "down" these days
I think today- it may be good to be mostly cash and earning 5% returns. Market will continue to be volatile for next 12-18 months.
I think today- it may be good to be mostly cash and earning 5% returns. Market will continue to be volatile for next 12-18 months.
I'm long term, and my house has continued to appreciate, so I would rather keep my money in the market. Unless that is we have a 1920's type market crash, than we are all screwed anyway. I also have an equity line for extreme emergencies
An interesting tidbit. Tesla has slashed prices on the Model 3 six times this year. The current price of the base Model is $39,990. But I was talking to a friend who owns a 2020. Guess what he paid? You guessed it...$39,990 LOL
no idea where you got this pearl of wisdom from. now i have heard of having at least 3 months of living expenses in liquid form just in case.
most people sadly couldn't get far beyond one missed paycheck.
Originally Posted by ST430
I've never heard of that and that's a bad thing to do to have your net worth decline so much due to inflation...
now you heard it. it’s a personal choice. Inflation sure can affect your portfolio but not as much as when the market is not in your favor. No?
Your net worth must be pretty small... Not going to have millions of dollars in cash sitting around. In today's volatile market, it's better to go for a short term CD...I have larger then most "discretionary spending" aka play money, but I don't care if I lose value on it as I use it to buy and sell stuff on a whim.
Originally Posted by 1111GS
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now you heard it. [url=https://www.thebalancemoney.com/how-much-cash-should-i-keep-in-my-portfolio-357127]it’s a personal choice. Inflation sure can affect your portfolio but not as much as when the market is not in your favor. No?
Oh, I pay a lot of taxes. Not sure what you mean by "going up in smoke", if you are referring to the EV tax credit, I don't qualify, so it does me absolutely no good. I'm also betting that every Tesla owner here never benefited from any Federal tax credits (possibly only state, which wouldn't affect you at all)
I Know that sounds like a big deal, but it really isn't as it was just a prototype of a new bigger rocket. Just the fact it lifted off was good news. The amount of data they collected will assist them with the next launch. If you look at the overall numbers of previous failures with other rockets and boosters, you would have thought SpaceX was a waste of time.
As far as I know, SpaceX is not using our tax dollars, but I haven't looked that up
Congratulations! 👍👍 It's coming much sooner than you'd like though.
Thanks! If I get it earlier than expected, no problem, I'll either just park the Hyundai or pay off the lease early and return it. I would buy it out, but I looked at the residual value, and it's $22K...no way. The rear spoiler is loose and the passenger side power window gets stuck. It's a good cheap commuter at $190 a month it's a value, but no way I would pay $22k, which I would rather put down on a Model 3
Tesla's Market Share In US/Canada Almost Reached 4% In Q1 2023
In Europe and China, it's at around 2 percent and growing
"Since 2008, Tesla sold cumulatively more than 4 million electric cars globally, and its 12-month output improved beyond 1.4 million annually (almost 1.7 million annually, considering only Q1)"
04-21-23, 09:29 AM
. We will be working with a tax professional to figure it out. Unless you have some advice 
. PM will work
it’s a personal choice. Inflation sure can affect your portfolio but not as much as when the market is not in your favor. No?
