Chris Murphy

@MrJonesSTRs What do you think about $4.25m purchase price with $24k/mo NOI and trending up? pugetsoundrealestate.com/property/7517-…

Airbnb Purchase Price $894,000 Year 1 Cash Flow $2,800/month Year 1 Tax Savings $94,490 Our team handles everything End To End ~Narrowing down markets ~Finding high performers ~Setting up amenities and design ~Dialing in operations Want to save $50,000+ in taxes and own a cash flowing Airbnb? Let's Chat STRsearch.com

Since streaming apps don’t offer shuffle buttons if you ever need a random episode of The Office to watch just stop this! Let me know what episode you land on.

@ryanmarkodom Thanks! We're going all in on Roth IRA mega back door for the foreseeable future.

@CPowersMurphy Carry is great. Already made the contribution. No issues on the timing of it as long as enough enough in wages are paid to support the contribution ($72K in this case)

I just took advantage of my favorite loophole in the US tax code for 2026 The IRS says if I make over $168K filing single or $252K married filing joint I cannot contribute directly to a Roth IRA but what I can do is use my 401k plan to get $72K into my Roth IRA (this is up from $70K in 2025) It's called the mega backdoor Roth and here's how I do it: 1 - Open a solo 401K plan since I am eligible with a provider that supports the strategy (not Fidelity/Schwab/Ascensus) 2 - Set up "after-tax" contributions that get immediately rolled to my Roth IRA via an in-service distribution 3 - Contribute. Everything I put in grows completely tax-free and is also accessible tax-free and penalty-free anytime (not "locked up" till age 59.5) A lot of larger tech companies allow the mega backdoor Roth (Apple, Amazon, Google, etc) but my favorite way to do this is with a solo 401K plan. It stacks on top of what somebody puts in their company 401K plan as well. Example: Max out a company 401K pre-tax employee contribution and then put $72K into this separate plan, assuming you have at least $72K of net earnings taxed as a pass-through. Fun stuff. Also, for many of you reading this, this can still be done retroactively for 2025, $70K plan limit

Have been playing with OpenAI's "Operator" agent all weekend. Some early thoughts: 1) The fact that it's already hosted and you can just start using it means it'll be more widely used than Claude's "Computer Use" feature. 2) Operator will be able to make websites that haven't had APIs available (for whatever reason) behave as if they did. They'll now be automatable. 3) Operator is a bit like tool calling in LLMs. Except it uses the entire Internet as its set of "tools" (whether the site has an API or not). 4) We might see a form of caching/pre-compiling for widely used functions. Essentially, Operator could write its *own* API for things that are commonly needed, and then just use that to get that particular task done. 5) Operator can use itself behind the scenes to distribute a long list of tasks across multiple instances of a virtual browser. 6) Operator will likely be able to reason through how a task could be parallelized. Example: Task involves paging through 50 web pages of results. Instead, it could say: Operator A will start at 1st page and go forward. Operator B will start at last page and go backwards. They'll "meet in the middle" when all pages are done. 7) Current websites were (mostly) built for humans and APIs were (mostly) built for developers (a special type of human). Mobile sites were built for humans using mobile devices. I wonder if we'll see websites created specifically for use by agent AIs. Anyone else enamored with Operator yet? What kinds of use cases are you trying it out on?

@Savage_Names @DomainSmoke This is a good long term hold for when Rocket Mortgage inevitably merges with Compass Real Estate and forms the super real estate holding company.

🚀Another nice little closeout pick up via @DomainSmoke yesterday. Approved today. Nice couple of keywords too. I do love a rocket name 🤣🚀

@searchbound 1RV.com - the #1 RV website 😎

@KevinEspiritu She's just getting started on YT and IG, and seeing awesome traction: instagram.com/gardentokitche…

@KevinEspiritu My wife! She's a huge Epic Gardening fan! GardentoKitchen.com

Calling my shot: my cooking arc is going to be INSANE based on how good this homegrown eggplant parm tastes I'm going to start another channel about cooking from garden to table, but I will NOT be main host/talen for this channel. Who should I bring on as host?

@dave_stickland @Arsnault Don't forget city/county sales and use tax. Brings mine to 10.3%

@ethanflynncpa Did the buyer pay a premium for the home? I had a listing client want an extra couple hundred thousand to assume his 2.75% loan. It was a $1.7m home with a $1.3m assumable. He wanted $2m.

Just helped a buyer assume a 2.75% mortgage. My fifth one.

From a presentation today. Haha. This was just a slide to get a laugh in between sharing stats. Relatable though. Things came easy in real estate in 2021 when rates were low and volume was abundant. Not the vibe right now.

@Chris_Smth I'd rather not work with a buyer who ghosted me.

Text that revives a buyer who ghosted you: "Hey [name] I just drove by a house that looks exactly like the one you loved on Oak Street but lost. Same vibe, better yard, $30K less. Going live Thursday. Want the details early?" Specificity + scarcity + redemption = response

@SkiTownRE One of my favorite clients has a scrooge mcduck figurine on a pedestal in his house.

I just asked a client if their closing funds had hit their account and got this gif in response.

"AI didn’t kill SEO. It just raised the bar." Successful AI/SEO is going to require a lot more of us to brush up on branding, consulting wise we're going to have to push back on the idea that you can "SEO" something In vacuum. croudx.com/post/seo-isnt-…

Congrats @rob! I'm sure I'm late to the party, but I was pumped to see you in the #2 position!

@djkabzx Seems low

Interest•org ended at almost $5K Thoughts??

@bella_Ara_0 @ryanmarkodom Super easy. I did it with @carryhq_

@ryanmarkodom Wow, that sounds like a smart game plan! Quick question how hard is it to actually set up and manage that solo 401k with the 1099 income?

Meta employee Makes $450K/year including RSUs plus she has a side business that is growing and should make another $100K in 1099 income Before we talked: - $200K cash - Maxes her company 401K plan pre-tax - Not sure what else she can do After we talked: - Keep maxing her company 401K pre-tax - Make "after-tax" contributions to her 401K up to the $70K plan limit and use the immediate "in-plan Roth conversion" available with Meta. This allows her to get another $35K/year into the plan that grows tax-free (huge future tax savings) - Backdoor Roth for her and her husband. This shelters another $14k/year to grow tax-free - Open a solo 401K for the 1099 income and use this to get another $70K/year into the plan on top of the $70K going into her company 401K plan ($140K total) as employer and after-tax contributions rolled to her Roth IRA. Example: $20K employer for a deferral and $50K after-tax rolled to her Roth IRA. The $50K principal contribution is accessible tax-free and penalty-free anytime. RSUs that vest can be used to fund this. This is one example of making the same $ go way further (she can buy Meta stock inside of the solo 401K if she really wanted to hold Meta stock, this just makes all the gains tax-free) Those would be the easy wins. If they really wanted to take things to another level they could have her husband get Real Estate Professional Status and have him manage a rental portfolio that they build. Example: Buy 1 property each year, do a cost seg/run accelerated depreciation to show a $100K paper loss and this $100K loss offsets $100K of her active W-2 income (since he would have REPS). At a 32% federal tax bracket, this saves $32K per year. Just depends if they want to get into real estate/have an interest in doing something like this. Some other small things to clean up but this covers some of the main ones

@gregofisch Thanks. You are definitely not dumb and I appreciate what you have and do contribute to the topic at hand. I'd like to hear who is restricting listings from POC owned brokerages, so I can block them and not do business with them.

@CPowersMurphy I don't think we know eachother enough for you to infer I am dumb. Also, I don't believe I am subtweeting. There are lots of tweets on my timeline. This one is not threaded. Have a great Sunday!

And if you’re out here saying private listings are racist, yet you have been, and are participating in a scheme that allows listings to be selectively withheld from black owned brokerages websites, and yet you still show the listings on yours. Then what?