i give up on taxes...

CFA Level II
#1

just no way…i don’t have enough brain room for this $hit. On to real estate investments and private equity formulas.

#2

You should remember just the main formula, and half of the questions will be concept based which you can crack just based on intuition

#3

Whats the main formula? Is it FVIF= [1+r(1-ti)]^t?

#4

that with Tcg, Ti, Tact crazy one, it is universal for everything Kelly, just focus on that formula and if you get it, you could get rest of formula easily

#5

kevincwang Wrote: ------------------------------------------------------- > that with Tcg, Ti, Tact crazy one, it is universal > for everything > > Kelly, just focus on that formula and if you get > it, you could get rest of formula easily Oh yea, I remember that post.

#6

What post is that, do you have the link?

#7

I don’t remember but here are the formulas: Tecg=tcg(1-Pi-Pd-Pcg)/(1-Piti-Pdtd-Pcgtcg) rart=r(1-Piti-Pdtd-Pcgtcg) FVIF=(1+rart)^t(1-tecg)+tecg-(1-BV)(tcg)

#8

I would remember this one: FV_T = {(1+R)^n(1-Tcg) + Tcg} Saw most questions in Schweser CD using this one

#9

I’d focus more on the tax drag, investment horizon, and investment return are intermingled if you don’t want to remember the formulas - figure those questions are more likely than having to use ugly fugging formula above (you know which one I’m talking about).

#10

here’s what most of those formulas look like to me: FVIF = faskljfasfklasfjal;fkas;fkl;asdkfl;asdksdopfjkaopsdjkaopskfopasdk

#11

Wow i finally started to get this… it’s pretty clear now… but I plan on forgetting everything tomorrow morning.