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MechanicalTim

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MechanicalTim
·letztes Jahr·discuss
Perhaps I am misunderstanding your comment, but one of the largest hospitals in the Bay Area is quite literally called Zuckerberg Hospital: https://www.zuckerbergsanfranciscogeneral.org/

Gates has given many billions to public health initiatives as well
MechanicalTim
·vor 3 Jahren·discuss
Have you actually priced out a custom home in the last 18 months? Tract homes in subdivisions are maybe 150-200 a foot but a 4/4 4000 sq. foot custom build is not being built for anywhere near $150 a foot. Plus there was likely a large amount of site work to be done as well.
MechanicalTim
·vor 3 Jahren·discuss
My understanding is that for an LLC to provide protection the house would have to be used for purely business purposes and that there can be no co-mingling of personal finances. the concept is called "piercing the corporate veil". IANAL but I looked into this pretty extensively when choosing how to protect myself with investment properties.
MechanicalTim
·vor 3 Jahren·discuss
I've never seen a curved rigid board and I'm having a hard time understanding how SMT would work. If you have examples I'd love to see them.

I've spent the last 15 years as a hardware design engineer in consumer electronics, 4 of those years were working on wrist worn wearables for one of the biggest players. Wearables utilize FPCs for curved sections. Sometimes sections the FPC will be stiffened with pieces of FR4 to support larger components, but the SoC, DDR, etc is always SMTd to flat rigid PCB. I've heard reports of rigid boards being bent if the stack up is only a few layers, but have never seen in a production product. Generally the traces and solder ball joints for the chips can't handle the strain.
MechanicalTim
·vor 3 Jahren·discuss
Flexie circuit boards (commonly known as fpcs) have indeed been around for a long time. They are mostly used for interposer connctors and small components like LEDs, microphones, proximity sensors,small discretes etc. etc.

Based on the term "motherboard" used here I'm interpreting this to mean a bent/curved rigid circuit board which to my knowledge, is in fact novel. Obviously,the sections of the board containing the SoC and other chips will need to be flat, so I'm interested to see the utility here.
MechanicalTim
·vor 3 Jahren·discuss
Thanks for posting the raw data, it's super interesting and I wasn't able to find it on my own.

I think we are mostly in alignment, I have just been focused on "how to lower taxes on W2 income" where your point is that anyone can diversify their income streams and find opportunities with lower tax rates.

Anyway, I appreciate the info you shared. Cheers.
MechanicalTim
·vor 3 Jahren·discuss
Poking around online it looks like over 90% of the country is filing only W2 income so that feels like a fair classification for "average person".

I've gone pretty deep on the real estate research front. We have short term rentals but (fortunately) they do well enough that we can't show paper losses even with depreciation. We're both well employed so real estate professional status is off the table (which is why we started with short term rentals - schedule C vs. E)

1031s and opportunity zones don't do anything to change when your W2 income is recognized or reduce your overall tax rate, the only tax benefits are around the capital gains with the property. Both require upfront investments with post tax money.

It just feels a little disingenuous to say there are "plenty of tax optimization schemes for the average person" because showing paper losses on real estate with one spouse getting real estate professional status, is the only strategy I've seen consistently mentioned.
MechanicalTim
·vor 3 Jahren·discuss
Can you share some? I've spent a lot of time looking into this, reading and posting on boggleheads, talking with accountants, advice only financial advisors, etc. and the general consensus is that there isn't much you can do as a high W2 earner besides pay your taxes and be grateful to be in such a position.