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NEW YORK, April 13 (Reuters) - Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Each has far more processing power than, say, any individual personal finance writer (ahem). That in mind, we asked our AI assistants-slash-overlords these classic personal finance questions:What is one great business idea? I couldn’t leave our new AI friends without asking a deeper question about money and its role in our existence.
Taxes are lowerPeople leaving states like California or New York often cite high income and property taxes as key motivations for their departure. (It's not all cheap: some new Floridians have been surprised by rising property taxes.) Like Florida, Tennessee has no income tax, as well as a property tax rate well below the national average. According to financial information and advice company SmartAsset, Tennessee's median annual property tax paid is $1,317, which is about half the national average. "One of the reasons why they're considering Tennessee is because of the affordability in terms of taxes," Foster said.
Short-term rental owners will see a drop in occupancy rates in 2023, one forecast shows. While travel is still expected to remain high, travelers will have more listings than ever to choose from. "Even if we go into a mild recession, we don't expect demand for travel to decline next year," he told Insider. The hosts that will do best will most likely be those that offer discounted rates, Lane says. Those who don't actively manage their prices will "most likely" see a drop in their revenue, Lane said.
Astronomers classify night skies from dark to bright using the Bortle Scale, ranked from one to nine. Light pollution is when artificial light washes out the night sky and makes it hard to see stars. While it might not be as potentially harmful as other kinds of pollution, light pollution can affect human health. Level four classifies the transition from suburban to rural areas, where you can see the Milky Way. The night sky is brimming with stars, making it harder to parse out faint constellations.
What is a white elephant gift exchange? A white elephant gift exchange — sometimes referred to as a Yankee swap — is a fun holiday activity in which everyone brings one wrapped gift and leaves with a different one. To help even the odds, most white elephant gift exchanges work best when all the gifts align in cost — typically within the $30-to-$75 range. What is a Secret Santa gift exchange? The best white elephant and Secret Santa gift ideasTo help you find the right gift for your white elephant and Secret Santa gift exchanges, we rounded up gift ideas based on our previous coverage and reader interest, all under $50.
Joe McCarthy and Justin Kersey created a "Hobbit"-inspired tiny home village for Airbnb renters. They spent nearly $500,000 on the tiny homes that are now proving popular with tourists. Take a look at the homes that are starting to generate passive income for McCarthy and Kersey. A pair of real estate investors took a niche approach to building a money-making portfolio: going all in on tiny homes and taking a little inspiration from "The Hobbit." Tiny homes are proliferating as a minimalist and inexpensive way of living, and are increasingly used as Airbnb properties.
He shared with Insider six books that helped him get started in his real estate journey. In an interview with Insider, Adesada mentioned six specific books that helped him get started on his journey to financial freedom through real estate investing. "So by the end of that exercise, I had started developing a plan to buy my second property." Adesada hired her team based on the strategies in "Long-Distance Real Estate Investing" by David Greene, which instructed investors to choose "rockstar real estate agents" for markets outside of their local area. "It's really all the information you need to run a successful real estate property management company — not just own a property or two," he explained.
For the first time since we began, the site began paying for itself. And for that, we needed more site traffic. When major area attractions closed for the post-holiday winter season, our site traffic plummeted, as did our revenue. This allowed us to integrate blog work into our regular work weeks instead of treating it like a side hustle. Whether or not we will simply continue to scale back our day jobs or pivot to solely blog income in the future remains to be seen.
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