Paul DeGance

TPA

[Paul DeGance @PDegance]

@WPTV Good

[Paul DeGance @PDegance]

What’s the answer though. Those collage years are formative from a network and growing up standpoint. I still hang with a ton of people I met in school and married my girlfriend from there. What’s the alternative look like? I totally agree it’s turned into over priced daycare for young adults but where else do you have that many people in the same age group moving through similar life stages.

[Paul DeGance @PDegance]

@nithyavraman STFU

[Paul DeGance @PDegance]

@HollyBullardFL Who funds your NFP?

[Paul DeGance @PDegance]

This could be the dumbest take ever. Lots of ways to get to the itemized deduction cap on taxes including sales tax so no we aren’t sending more money to the feds. Even if we did bleed some net you are still saving dollars. Your fascination with letting the waste machine continue on is odd.

[Paul DeGance @PDegance]

@GCNNow Good

[Paul DeGance @PDegance]

@HollyBullardFL @grok can you explain to @HollyBullardFL the increase in the fire department budget compared to population growth since COVID. She seems easily confused by numbers.

[Paul DeGance @PDegance]

@DAndersonDuval @grok can you explain to Doug the disproportionate increase in property tax revenue when compared to population growth in Florida since COVID. He seems confused.

[Paul DeGance @PDegance]

@HollyBullardFL @GWKruse @grok how much has county government tax revenue grown over the last 5 years compared to population growth.

[Paul DeGance @PDegance]

Partnerships are complicated and we see so many that are completely wrong. The knowledge of the different capital accounts and their effect on allocation is severely lacking. Almost every single rollover I see is missing 704(c) disclosure. Additionally the differences between remedial, traditional and traditional with curative allocations can dramatically change things for clients. These are items that’s should be sus’d out in OAs.

[Paul DeGance @PDegance]

@EndWokeness @Cam_Cawthorne All theater kids…

[Paul DeGance @PDegance]

@LyndonsList @playerTwoQ @Hotshot_Movie Please educate us on the rest of the candidate’s qualifications. Start with Bass. I’ll go get some popcorn.

[Biotech2k @Biotech2k1]

Strategy Update:

My new strategy requires me to keep a minimum weighting of 25% stock in any portfolio with a maximum of 100% stock. Due to the bubbly nature of the market, I am required to be at 25%. I decided to keep 7 names in each portfolio for diversification sake. Here is where I stand.

Biotech:
I am down to 27% stock. I uses my old strategy of buying and selling, but I not going to sell and switch over. I have too big of gains to take the taxes unless I have to. I am just going to sit with what I have until the biotech bubble pops. I have: $INSM, $BBIO, $IDYA, $PRAX, $IMNM, $APGE and $KYMR. If at some point like buyout that I have to sell any of these names, I will adopt my new strategy then.

Fintech:
I at around 43% stock right now. I sold 1 name so far into the huge rally in this space this week. If the $FINX gets to $30, I will get down to my 7 names. I have $SOFI, $CHYM, $AFRM, $KLAR, $LIFE, $LMND, $FOUR, $TOST, and $UPST. I have huge gains here since the bottom as this was my biggest portfolio as of last Friday. I would be remiss not to take some of the profits into the huge rally and get down closer to my 25% minimum weighting.

Tech:
I am 42% weighting here now. I still hold all 7 of the Tech names I bought into the lows of Last week. I have a heavy weighting in tech due to the big SaaS apocalypse. I have made a huge profit on these companies so far. I really don't feel like selling any as they are the 7 I really like. I have $SNOW, $RBRK, $IOT, $SYM, $TEM, $ZETA and $INOD. If the $IGV gets back to its highs, I will force myself to get down closer to my 25% minimum weighting.

Asia:
I only have 4 names in here and below my 25% minimum weighting. I added several names to my list to do DD on this weekend. I plan to get to 7 names. I currently have $SE, $FUTU, $HSAI and $GRAB.

South America:
I added 2 new names here this week that I really love. They are not tech or fintech, but I am OK with that. I am look for 1 more name to get to 7 companies. I now have $MELI, $NU, $INTR, $DLO, $EMBJ and $VIST.

That is my plan. I will buy the dips and sell the rips to manage my stock weightings for as long at the market remains at record high levels.

[Paul DeGance @PDegance]

@nickgerli1 @stanleydizjk Nashville. Yeah ok

[Paul DeGance @PDegance]

@CPATaxTeam Interested in seeing that thang too!

[Paul DeGance @PDegance]

@adamfeuerstein @concerned_dad @DrPatrick You’re a short hack with a poly sci degree. Bug off

[Paul DeGance @PDegance]

@adamfeuerstein @DotknightWang Yes much better to rely on poly sci shit lords

[Paul DeGance @PDegance]

@adamfeuerstein @TheUnknownChem1 @DrPatrick It’s weird your are here but given your track record I’m thinking about doubling down. There should be an inverse Fraudstien index ala Jim Cramer.

[Paul DeGance @PDegance]

Clown level advice. Significant tax inefficiencies during your hold on the business and no guarantee you can get the buyer to do a stock deal on the business sale. Most exits are asset sales and don’t qualify for QSBS. Also many industries don’t qualify. Cost segs are only powerful for real estate professionals and/short term rentals.