Another week of good ol Corporate Coke & Smack. Alot of discussion about billionaires amongst presidential candidates. The guys give our insight into this big discussion regarding "There shouldn't be any billionaires". Have you ever purchased a house from a friend. Josh gives some insight as to due diligence that still needs to take place to make sure it is a good deal for both sides.
In retirement talk, Josh & Tobe discuss contributions to your 401(k) and what alternative things you can do besides filling up yoru 401 (k). There is no right or wrong answer but there are a few factors to consider when maxing out the $19K annual contribution limit. Remember that there are no capital gains with retirement accounts but the flexibility is somewhat limited.
The guys also discuss the $1 home buying program in Baltimore that is back on the table of local legislation, how to deal with toxic family members, what is a "bad investment" and also tax loss harvesting to help lower your taxable income.