Another Guy Named Michael

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Another Guy Named Michael

Another Guy Named Michael

@DurmBull

Live a life you will remember. - You either like me or hate me, but either way, I don’t care. - Opinions are my own.🏳️‍🌈

Durham, NC เข้าร่วม Ocak 2022
550 กำลังติดตาม606 ผู้ติดตาม
Another Guy Named Michael
It’s kind of neat when your portfolio gets to a certain size even small little gains of less than 1% are big money.
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Another Guy Named Michael รีทวีตแล้ว
Caleb Hammer
Caleb Hammer@sircalebhammer·
It’s a literal fact INCOME tax here is one of the most progressive You can argue that our capital gains aren’t, but not income The programs Europeans love are funded by national flat sales taxes btw.. This is what happens when your politics are defined by virtue signaling only
Caleb Hammer tweet mediaCaleb Hammer tweet media
More Perfect Union@MorePerfectUS

Unbelievable stuff from the Washington Post on behalf of Jeff Bezos today.

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Elizabeth Warren
Elizabeth Warren@ewarren·
Tesla paid $0 in federal income taxes in 2025, despite making $5.7 billion. This Tax Day, remember that you have paid more in taxes than a multi-billion dollar company—all thanks to corporate tax breaks from Trump’s One Big Beautiful Bill.
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Another Guy Named Michael
@Budgetdog_ Yeah we were pretty disgusted with the amount we paid too. This time of year is so bad because we pay 2025 taxes plus 2026 Q1 taxes too. 💸
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Brennan Schlagbaum, CPA
Brennan Schlagbaum, CPA@Budgetdog_·
Paying taxes today made me sick. I don’t understand how we have a system like this.
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Sean Cranston
Sean Cranston@themoviedadsc·
Happy S&P 500 and Nasdaq 100 closing at new record highs (and S&P 500 closing above 7,000 for first time ever) to all who celebrate! $VOO $QQQM 📈🥂
Sean Cranston tweet media
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Another Guy Named Michael
@wltregay I wish they’d focus on cutting out fraud. I don’t mind paying taxes but I hate the thought of it being wasted.
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Wendy Tregay
Wendy Tregay@wltregay·
@DurmBull That seems closer to accurate than the bottom 50% paying zero taxes, but I've read the tax foundation isn't completely accurate either. I suspect more lefty depictions are also often inaccurate. That being said, $5 to a poor person is worth a lot more than $5 to a rich one.
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Wendy Tregay
Wendy Tregay@wltregay·
@DurmBull This doesn't sound accurate. Maybe he's confusing getting a refund with not paying taxes.
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Elizabeth Warren
Elizabeth Warren@SenWarren·
If you paid even a penny in federal income tax last year, you paid more than: Tesla Southwest Disney Live Nation HP United PayPal CVS Health Palantir Citigroup PG&E 3M That's right. They paid $0 in federal income tax. It's time for big corporations to pay their fair share.
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Another Guy Named Michael
Wow.
Graham Stephan@GrahamStephan

I’ve spent a decade telling people to do what I do: "Buy and Hold." Now I've decided to list my entire real estate portfolio for sale and walk away. It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough. The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." It’s how I started. It’s what I’m known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present. The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more. I’m reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where I’m moving the money next to buy back my sanity. I'll drop the link here in a bit.

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