How much can I make in Los Angeles?

[bravotwozero]

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I have a good friend who "struggled" to purchase a $2 million home in a nicer part of L.A. He put in 12 different full price+ offers but couldn't close because so many people were putting in full price plus 200k cash. Los Angeles is ridiculous.

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Just give a few paid speeches to Wall Street and you'll easily afford LA! Just be sure to burn the transcripts 😉


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[njac]

On the upside, RNs and Pharmacists make way more in CA than anywhere else in the country.

So marry one of those and maybe you'll meet in the middle.


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[The White Coat Investor]

Can you live in LA and set up an S-Corp in Texas to avoid state taxes? (pretty sure I know the answer to this...)

No. The California legislature might be dumb, but they're not that dumb.

 

[engineeredout]

Everything said about LA pretty much applies to NYC as well

 

[discongruent]

Everything said about LA pretty much applies to NYC as well

Is earning potential pretty much the same in the Northeast states as it is in CA? I know MA demands a bit less in taxes. The salary ranges seem to be the same from what I'm reading. And there are winters here that are nothing to joke about.