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Bellevue Tax
- Seattle vs Bellevue: tax benefits Hello blind friends I am moving to the Seattle area for work now that the pandemic is over(ish). I've been hearing co-workers talk about the tax benefits of Bellevue vs Seattle especially as it relates to RSU comp. I have not been able to find details on this and am wondering if somebody here coul
- link Amazon expanding to Bellevue, no head tax there Sorry for the screen shot. Article is behind a pay wall. Https://bit.ly/2jLoc9y Basically we are already taking two more buildings. The tower 333 and the summit III and possibly the spring district block 16. Total over 1 million Sq ft.
- vote Eastside - Slow down for $3M+ homes The expensive homes ($3M+) have been sitting for longer now. These homes were selling at crazy speed and above asking a month ago. Is this going to further down from here? No one knows, what is your guess - Yes or No? https://www.redfin.com/city/1387/WA/Bellevue/filter/property-type=house,max-price
- link Seattle "boss tax" Here we go again. What if you work in Bellevue? https://www.seattletimes.com/seattle-news/politics/call-it-the-boss-tax-seattle-finally-finds-a-potent-way-to-tax-the-rich/
- Recommend me neighborhoods in Bay area Here are the things we are looking for; - 1.5hr commute at rush hour to mountain view - School rating avg 7 - 2.5M max for the price - 3000 sqft, 4+ bedrooms - Low crime rate - Reasonable proximity to restaurants, shops, kids activities (gym, dance, swim, etc.) - Nice to have— friendly neighborhoo
- vote Salesforce San Francisco vs Bellevue for new grads ? Which one do u think is better for new grads given there is not much salary difference between the two locations ? San Francisco is the head quarters, but Bellevue has low cost of living and no state tax. Folks at Bellevue, how are the teams and work at Bellevue office ? SF MTS offer: 158k base,
- Why doesn’t Amazon ditch Seattle and have all future PNW expansions in Bellevue? Bellevue has a lot of benefits over Seattle. - No head tax and threat of tax on business in future - Most families prefer east side for better school districts - Downtown Seattle traffic is a mess especially around peak times. - Bellevue is way cleaner and no rampant homelessness or drug problem
- Seattle to Bellevue What are the tax implications of my job moving from Seattle to Bellevue?
- link Here we go https://www.geekwire.com/2018/like-punch-gut-fast-growing-seattle-startup-eyes-bellevue-expansion-head-tax-vote/
- vote Is leaving California worth it for tax reasons? My ideal is to live in California. However, I also want to have the flexibility to travel. I plan to be away for at least 3 months per year from my primary residence. With that in mind, it seems advantageous to have a home base in Bellevue or Seattle and save on taxes. Is moving to Washington st
- vote Meta Bellevue vs Redmond vs Seattle campus Hi everyone, Just received a verbal offer for E5 Meta in Greater Seattle area. I live near Kirkland area, so Redmond and Bellevue campus are preferable from commute perspective but I don’t mind traveling to Seattle area for the right team and opportunity. Questions: 1. What teams or orgs are in B
- Please help evaluating MS offer. SDE 2 Asking for a friend L61 Bellevue/Seattle/Redmond Base 140 RSU 120 Sign on 40 Is this good to take? I’m seeing folks who get 160K for RSU? TIA. Blind tax Me: 5yoe in Meta, TC before today: 380K TC today: 350K Friend: 2yoe in a small company TC: 130K
- vote Move from Seattle east side to Irvine? Worth it? Considering move for sunnier weather and being closer to team. Have two young kids so family environment is desired. Currently in Bellevue which is nice but weather sucks. Big drawback is state income tax in Cali. Housing prices seem similar Thoughts?? TC: 630K
- link Ditch Seattle property? Now that elections are over. It looks like the Seattle City Council is likely to try to reinstate the per employee head tax. With Amazon and Facebook building like crazy in Bellevue should I dump my investment property and buy in Bellevue? I feel the growth will be better long term there now. ht
- Amazon L4 business intelligence engineer salary expectations Hi all, Spouse is expecting an offer from Amazon for L4 BIE. Location: Bellevue, Seattle YOE: 3 Qualification: Master's What is the expected package? Blind Tax: 300k #salary #salarycomparison #amazon #businessintelligence #salarynegotiation #tech
- State income tax needed to be filed? I live in Bellevue, WA (Washington state does not need state taxes) but I am having a property rented out in CA. However income-expenses-(dep) is roughly balancing out. Do i still need to file state tax for California. I added details in turbo tax and as per that, I do not need to. But need to if th
- Is this house flipped ? https://www.redfin.com/WA/Bellevue/15617-SE-43rd-St-98006/home/239698 Bought in Feb'21 for 1M sold y'day for 1.8M. Could have been 50k of updates ?? any comments how much is estimated expenditure for updates ? seller should have made at least 600k-tax (300k+ calc at 50% due to short term) on this tr
- link California landlord FTB tax ? I am in Bellevue, WA and I have a house in bay area. I have rented it out. I recently noticed that there is some FTB tax(https://www.ftb.ca.gov/file/personal/income-types/rental.html). Earlier i owned my house but I had to rent out my house as i moved to WA. I am negative Rent-mortgage(interest)-pro
- vote Offer Evaluation: Reddit, Snowflake This is an update from a previous post since I've received updated offers. Would love to get opinions. My main concerns are technical growth and maximizing compensation. Reddit: Salary: 190k TC: 270k first year; 250k second, third years (3 year vesting) Remote Snowflake: Salary: 180k Bonus: 10% TC
- Rental income on H1B I am on H1B and recently bought a condo in Bellevue as an investment property. How should I plan for rent? Should I open LLC and do all the transactions with that? Can h1b holders apply for LLC? How should I report rental income to my taxes and how can I get tax benefits from that rental property
- vote Rent vs Sell Have a townhome which I can rent for P + I + escrow ( property tax ) + HOA. Great location in Bellevue, very new build and hasn’t needed any maintenance yet. There isn’t much margin left for vacancy and repairs. How much should I account for the unexpected here ? Should I rent or sell ?
- Check my budget for Seattle (Bellevue) Moving to Bellevue soon. Totally clueless about budgeting, would appreciate some guidance. Based on my research and reading other people's budgets, this is what I have come up with: Monthly in-pocket base salary (after tax, 401k max, etc): +$4900 Rent (studio apartment): -$2000 Utilities: -$200 Par
- Joining Seattle Apple I’m joining apple Seattle in couple of months and new to Seattle, could you please answer these 1 Does apple dexter 333 has free parking? If not is there any commute or parking perks? I don’t see anything regarding this in my offer letter 2 Planning to rent near Bellevue, how bad the commute will
- vote People who moved from Seattle to Bay Area. Do you regret it or like it? Pro: Better Weather Cons: High Col. More taxes. Costlier Houses. So people who moved, are you okay with trading the Seattle/Bellevue life for good weather? do you think you want to move back for long term/settle or gonna stay in Cali for long term? With enough good companies in Seattle, I don't s
- Move from Bay Area to Bellevue? Currently in the Bay Area and I have the option to do an internal transfer and move to Bellevue. We're a family of 4 with 2 small children. Is the quality of life and higher TC due to no income taxes worth the fuss of moving? (There's a 5% pay cut) Looking around at housing for rent, seems like su
- vote Cant decide on housing We have two options. We dont commute for now. Hard to choose, help please Snoqualmie/North bend area 1.2-1.3M Good schools Commute time 40-45mins but not stressful on i90 30mins to Bellevue core 35-40mins to Seattle DT when it is not rush hour Closer to many trails and ski overall outdoor stuff Mou
- Additional real estate tax for foreign buyers Seattle area real estate is becoming crazy and particularly the North Bellevue. Most of them are getting cash offers from Chinese buyers. They are even offering 30-40% above the list price. Are there people living in US or investing from China? Do you guys see additional tax for foreign buyers in r
- Looking for advise on rent vs sell decision in Fremont I have a 2 bed 2 bath condo in Fremont. It’s just a 5 min walk to BART station. I could rent it for $2.7k a month and would break even on my mortgage payment. I am moving to Seattle in a month. If I sell it, I can get around $400k in equity and can use it as a down to get a nice place in the Seattl
- Buying a house in Bellevue/Redmond/Kirkland Hi, I am looking to buy a house in the Bellevue/Kirkland/Redmond area. Prices are sky high (even in October-December period) and don’t see any cooling happening (particularly for homes with high school ratings). On the contrary, the summer madness is continuing with bidding wars of 300-500K+ on top
- link JumpStart tax - Seattle "Seattle City Council passes ‘JumpStart’ tax on high salaries paid by big businesses – The Seattle Times" https://www.seattletimes.com/seattle-news/politics/seattle-city-council-passes-new-jumpstart-tax-on-high-salaries-paid-by-big-businesses/?amp=1 What do you think? Companies to start moving out
- vote Worth buying $3M House in Greater Seattle? Net worth including home equity: $2.7M Net worth excluding home equity: $2M Net worth excluding home equity and retirement accounts: $1.5M Household annual TC: $700K+ We currently have 3K sqft house that is worth $1.5M and have $500K remaining mortgage. Our monthly mortgage and property taxes are
- Where to stay b/n seattle and Bellevue Wife works in Bellevue Husband works in seattle downtown No kids yet What’s a mid point where we could find decent houses? We are ok with driving a little bit but don’t want to travel hours and hours in commute. Can’t afford too high rents also. (We are broke af fml) anything below 2.5k - 3k wo
- vote Salesforce vs Google vs Microsoft I have offers from Microsoft, Google and Salesforce: Salesforce Location: Bellevue Level: MTS Base: $150k Performance bonus: 10% => $7.5k (midpoint) RSUs: $252k ($63k/year) Sign-on: $22k Total: $220.5k/year (excluding sign-on) Google Cloud: Location: Sunnyvale Level: L3 Base: $135k Performance
- Is it best time to sell home in Redmond and move to suburbs and work from home? Is this the best time to sell home in Redmond/Bellevue since prices are all time high? One can easily move to a suburbs (50 miles) and work remotely. Property here has jumped more than 40% in the last 2 years. I feel if the economy or market tanks in 2022 and moratorium is over, there will be plenty
- Is investing in a residential land a good idea So I have some money [1m] which I made from selling my first home. I wanted to buy some other real estate asset with it. I was thinking of buying a plot for building a house and holding it long term, like 10 years+. It's low maintenance. But I need to pay property tax. Potentially appreciates bet
- Remote workers who choose Seattle/Bellevue, why? Partner wants to move to Bellevue to be close enough to the office (despite being remote-optional and most teammates not being there). I’m not convinced - to me it sounds expensive, depressing (I had horrible winter depression living in NYC), and mismanaged (lots of homeless, city doesn’t support th
- vote Another house affordability poll Apologies for another house affordability post but with so many homeowners here, would like to get an opinion if we are missing something. The bank has given us go ahead but want to ensure we aren’t setting ourselves up for a big fall. House price - 1.9M listed (might have to bid upto 2.1M probably
- vote Seattle or California? We are at a point where we are confused about which location is better in terms of housing, cost of living and yet have a good career growth. We looked through houses available for sale in Zillow as a preliminary decision factor. We looked at Bothell, Bellevue, Mountain View, Menlo Park, Santa Clar
- Moving to Seattle? I think about moving to Seattle and joining FB. Currently L5 in the Bay, about 340k TC. FB offers E5 at 185/630/50. With cheaper cost of living & no state tax that should be another 25% comp bump on top of the FB offer. So approx like if I got 500k in the Bay. Can afford a home. Now, the question
- Selling real estate while living remote I have a townhouse/condo in Bay Area I want to sell. I live in Bellevue and I am not sure if I may run into challenges while selling. (Right now it is rented out. Reasons for selling- market is better than last year. I can escape capital gain tax if I sell now) 1. Updates like painting, renovation n
- Crazy Dilemma and need some advice!! hi folks, i v been in the US since last 12 years, on H1B, always worked full time..Microsoft and now Amazon..and waiting for my EB2 priority date to become current (2011) i did not buy a house at the right time (dont ask why) and now i am stuck with a rental house in Bellevue ..i pay close to $3200
- vote Seattle vs (Bay Area + $100K)? Is it good to move from seattle to bay area for an extra $100K income Current TC in Seattle : $320K New TC in Bay Area : $420K Which of the following is true? Please comment with details...I want to know more about Bay area PROS of California: 1. beautiful weather 2. higher salary CONS of Califo
- vote To sell or rent out In Bellevue, will relocate to bay due to job. Trying to evaluate pros, cons of selling my single family house. Here are cons of selling: 1. i have got a good mortgage deal 2.5 % fix. house has appreciated 1.5x in 2-3 years. Rent = mortgage but prop tax is extra which is a lot of money. Even if it
- Why tech centers always have a homeless problem I suspect this is what happens: Tech people come in with our higher salaries and buy up all the nice houses, driving up prices. The middle class, people with family incomes between 60k and 120k, initially benefit from the rising prices (they sell their homes for a nice profit) but eventually get f
- NEED HELP: Max TC for E4 @Meta Hi Blinders, I just got a feedback from Meta recruiter that they are still evaluating me for E5 level which I interviewed for but it’s likely that I would be put at the top of the E4 band. I am already on PIP in Amazon (long story will save it for some other post but the summary is I moved under a
- vote Should I sell ? About my family: Currently live in seattle area. There is one townhouse under my name. Monthly mortgage is about 3k. And it’s rent out for 3200 per month. So mostly break even. My family lives in a single family house in Seattle area. Monthly mortgage/property tax is 3600 per month (13 years lef
- vote Should I buy this house? Found a place that I really like! The place looks great and location is good. Price is $800k, 3b/3b in Bellevue. Has front yard and back yard. I would usually wait but this place seems amazing! Am afraid may never find another one like this for that price! Should I buy it? Or rather, can I afford i
- Vote with your feet (Microsoft -> Google) This is kind of a rant but also hopefully helpful for people reading this. Currently working at Microsoft L61 for 1.5 years (Redmond) Joined 1.5 yr ago with $130000 $50k RSU $40k sign on bonus $13500 relocation (after tax amount so ~$18000 pre tax) After 1 year (perf review) $135400 (around 4% m
- vote Seattle Area more expensive than Bay Area? I have been for several years both at Seattle Area and Bay Area. I have seen that almost everything except real estate is more expensive in Seattle Area (East side) than in Bay Area (South Bay). For example: groceries (specially Indian groceries), restaurants, car registration, driving license, tol
- vote Google vs Microsoft new grad Have the following SWE offers after interning at Google this summer (also interned at Bloomberg before hence my profile): Google (L3, MTV) Base/Equity/Bonus/Sign-On: 129k / 100k / 15% / 20k PA: Search (team match happens later) Microsoft (L60, Bellevue) Base/Equity/Bonus/Sign-On: 119k / 130k / 10%