Mastodawn

DROP\ TABLE Hacker of Earthsea Mar 31

Trying not to test every app im shown at walmart

DROP\ TABLE Hacker of Earthsea Mar 26

Copilot wants a hug lol

DROP\ TABLE Hacker of Earthsea Mar 17

How I see myself when I'm called smart or talented

DROP\ TABLE Hacker of Earthsea Mar 2

DROP\ TABLE Hacker of Earthsea Jan 6

me when my kids say they want to be a hacker like me lol. would not recommend terrible industry lol. Im going to have my girls go into college and do something worthwhile

DROP\ TABLE Hacker of Earthsea Jan 5

#funny

DROP\ TABLE Hacker of Earthsea Jan 5

DROP\ TABLE Hacker of Earthsea Dec 23

xD im learning so much about how to manipulate the algorithms he he

DROP\ TABLE Hacker of Earthsea Dec 21

How Trump Ruined the housing market, like how he bankrupted a casino

The Corporate "Pay Raise" (Lowering the Rate)Before 2017, a large corporation like a Real Estate Investment Trust (REIT) or a C-Corp might have paid up to 35% in federal taxes on its profits.

The Change: The TCJA slashed that rate to a flat 21%.

The Result: If a firm made $10 million in profit from renting out suburban homes, they suddenly kept $1.4 million more every single year than they used to, just from that one change. This extra cash allowed them to outbid families who are paying with "post-tax" dollars from their salaries.

The 20% "Pass-Through" Discount (Section 199A)Many investment firms aren't set up as traditional corporations; they are "pass-through" entities (like LLCs or Partnerships).

The Change: The 2017 law created a new rule: owners of these businesses can deduct 20% of their business income right off the top before paying any taxes.

How it helps the "Giant Landlord": For a firm owning 5,000 houses, this is like a "20% off coupon" on their tax bill. It essentially lowered their effective tax rate from the top individual bracket (37%) down to roughly 29.6%.

The 2025 Impact: This was originally supposed to expire this year, but the 2025 "One Big Beautiful Bill" made this 20% deduction permanent. This gives Wall Street certainty that their "discount" isn't going away.

"Bonus Depreciation" (The Magic of Paper Losses)This is the most technical part, but it’s where the real money is made. In real estate, you can "depreciate" a house (pretend it's losing value due to wear and tear) to lower your taxes, even if the house is actually going up in value.

The Change: The 2017 law allowed for 100% Bonus Depreciation. This meant if an investment firm bought a massive portfolio of homes and upgraded the appliances, roofs, or HVAC systems, they could deduct the entire cost in the first year instead of spreading it out over 27 years.

The 2025 Impact: This "100% expensing" was phasing out (down to 40% in 2025), but the new 2025 law restored it back to 100% permanently.

The Result: A firm can buy $100 million worth of homes, do some renovations, and show a "loss" on their tax return for the year—meaning they pay zero taxes despite collecting millions in rent.

DROP\ TABLE Hacker of Earthsea Dec 17

lol