Author: Editor

Jennifer and Paul Tessmer-Tuck used to owe a lot in taxes. Loading audio narration… “Our single biggest expense every year was our state and federal taxes, for sure,” Jennifer, a physician at a major Minneapolis hospital, told Business Insider.That changed when they started buying real estate. A unique IRS designation called real estate professional status, or REPS, can allow rental losses that are typically considered passive to offset active income, such as W-2 wages. For married couples, only one spouse needs to qualify, and those losses can be used to offset both spouses’ incomes. That’s why some tax professionals and…

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Ana Terrones sat in a window seat of the M15 Select bus, brushing raindrops off her jacket and scrolling through her phone. The glow of incoming text messages bounced off her glasses.The 34-year-old mom of three was en route from the Bronx to the Upper East Side, where she’s a housekeeper at a luxury apartment. At 8:13 a.m., she was praying the bus would arrive in time for her to pick up a light cappuccino from her usual bodega before clocking in to work by 9. Ana Terrones, 34, and her husband live in the Bronx with their daughters.  Stephen…

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This as-told-to is based on a conversation with Caila Moed, 35, founder of Rikud Movement, an innovative dance studio in Brooklyn, New York. Business Insider has verified her previous employment at Goldman Sachs, enrollment at Oxford’s Said Business School, and current revenue. The conversation has been edited for length and clarity. Loading audio narration… After years working in the arts and getting my MBA at Oxford, I joined Goldman Sachs during the pandemic, living in my in-laws’ attic and five weeks pregnant.Nobody knew about the pregnancy. I interned as a summer associate through my first trimester, turning my Zoom camera…

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Not all tech jobs are disappearing. Loading audio narration… Despite the wave of layoffs that have battered the tech industry, there’s one role that looks secure: the forward-deployed engineer.”Forward-deployed engineers, or roles that do the equivalent motion, are about to become one of the most in-demand jobs in tech. And one of the most important functions for AI rollouts,” Box CEO Aaron Levie said on LinkedIn this week.The job listings data suggest he may be right.In April of last year, there were 643 job postings for forward-deployed engineering roles on Indeed, according to data shared with Business Insider. By April…

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As a small-town girl from Forestville, New York, moving to Denver for my dream job after college felt electric. I enjoyed skiing (when I could justify the three-hour drive to my favorite slopes), hiking, and seeing many shows at Red Rocks Amphitheater. Loading audio narration… But when the COVID-19 pandemic hit, the city’s shine quickly wore off. Hiking trails became more crowded, live music all but disappeared, and suddenly, I felt very alone on the other side of the country.Visiting my family back East wasn’t easy without expensive flights or long days on the road, and I started to feel…

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Buying a property was on my bingo card for as long as I can remember. It always felt inevitable, especially being a millennial raised by boomers who saw that as the default path. Loading audio narration… For years, I quietly accepted that it probably was not possible in the world we live in. Then it became possible, and that is when things got interesting.After moving in with my partner, we decided to actually test the assumption. We ran the numbers and realized that, at least in the UK, we could make it work.For the first time, buying a house seemed…

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Dwyane Wade, left, and Jesse Riedel speak onstage during the YouTube Brandcast event at Lincoln Center in New York, May 13, 2026.Mike Coppola | Getty ImagesAmong the live sports and entertainment shows that carried media companies’ presentations to advertisers this week, another pitch kept popping up: creator content. The category of videos, which can amass millions of views on Google’s YouTube and other social media platforms, is increasingly sharing the stage with traditional Hollywood offerings during the annual presentations known as “upfronts.” Creator content is already taking a big share of advertiser dollars. In 2025, advertiser spending on the genre…

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When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning.Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive repossession of more than 20 Spirit planes that lessors wanted returned. In just over a week, he said he and his team ferried 23 Spirit planes from airports around the country to the Arizona desert. Just hours earlier, those bright yellow Airbus jets had been flying Spirit customers.Giordano, who runs Nomadic with co-founder Bob Allen, was starting to hear in the late morning on May 1 that his team…

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Last May, as I walked across the stage of a New York City theater to receive my college diploma, I wondered if I would be able to put my degree to use. Smiling toward where my visiting family sat, the thought crossed my mind: Would it be better if I just moved home? Loading audio narration… Like many NYC graduates, I’m a California transplant. In 2022, I moved from coast to coast with the dream of becoming a journalist. I pursued internships and roles with student newspapers. By the time graduation rolled around, I’d amassed a modest portfolio.I knew the…

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EBay has been making headlines recently. Loading audio narration… Despite being seen as the pioneer of online resale, the 30-year-old e-commerce platform has struggled to shake its reputation as the internet’s flea market. But when GameStop CEO Ryan Cohen made an unsolicited bid to buy the company, eBay doubled down on the idea that it’s better off alone, and investors scoffed.The company is having a glow-up, and fashion is playing a big part in its growth. In February, it reached an agreement to buy Depop, the resale platform loved by Gen Z, for $1.2 billion. The deal has not yet been finalized.”One…

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