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Anyone have a Capital gas range?

Hello, I'm renovating my kitchen and looking at gas range alternatives. Just discovered Capital ranges, which have the features I want and reasonable prices. A web search turns up little discussion and almost no complaints. Anyone here have a Capital gas range? Thanks for any feedback, positive or n...
by sailor234
Sat Mar 16, 2013 3:01 pm
 
Forum: Personal Consumer Issues
Topic: Anyone have a Capital gas range?
Replies: 0
Views: 123

Re: Setting the basis for a home converted to rental

1. Is there a another, better approach? Is there something I am missing? The appliances were new in December, 2005 and six years old in January 2012. The used value of appliances is half or less. 2. Should I separate the appliances and use a different depreciation schedule? 3. Anticipating IRS ques...
by sailor234
Sun Mar 03, 2013 1:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Setting the basis for a home converted to rental
Replies: 5
Views: 368

Setting the basis for a home converted to rental

In December, 2005 I purchased a newly built condo for $422k, which included about $22K in various upgrades. In July, 2011 I purchased another home, a great deal on a short sale. I tried selling the condo, first as FSBO and then listed with a broker, but never got a written purchase offer at any pric...
by sailor234
Sun Mar 03, 2013 7:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Setting the basis for a home converted to rental
Replies: 5
Views: 368

Re: Vanguard calculated RMD

mickeyd » Tue Jan 22, 2013 8:06 pm "Why not combine them?" A good question. A while back I only had the Rollover IRA and I wanted to specify two groups of beneficiaries: family and charities. Vanguard beneficiary restrictions (guidelines?) prevented that, but they did advise me to open the...
by sailor234
Tue Jan 22, 2013 8:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard calculated RMD
Replies: 10
Views: 1270

Vanguard calculated RMD

Hello, 2013 is my first year taking a RMD. Last year I signed up for the Vanguard service, where they calculate your RMD based on your EOY IRA balances. I have both a Rollover and a Traditional IRA at Vanguard, but their letter specified an RMD based only on the Rollover IRA balance. I sent a messag...
by sailor234
Tue Jan 22, 2013 6:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard calculated RMD
Replies: 10
Views: 1270

Sell or hold two TIPS bonds

Probably this has been discussed but my searching has not found anything relevant. I have two TIPS bonds, both bought in 2008 when they got cheap, with maturities in January 2016 and January 2018. They have appreciated due to the drop in interest rates since 2008, but bond prices have been drifting ...
by sailor234
Fri Dec 28, 2012 10:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Sell or hold two TIPS bonds
Replies: 15
Views: 963

Re: Will you get an iPhone 5?

No, I won't be getting an iPhone 5. I bought the iPhone 4 when it first came out; a great piece of technology but not a great cell phone, it could not compare to my Motorola RAZR so I returned the iPhone 4 to AT&T. Still using the RAZR but will have to get something new eventually. I don't need ...
by sailor234
Sun Sep 23, 2012 4:28 pm
 
Forum: Personal Consumer Issues
Topic: Will you get an iPhone 5?
Replies: 108
Views: 5627

Recommendations for other useful web sites

We've all been helped tremendously by the expertise available on the Bogleheads web site but, as most of us have learned, there are some subjects one cannot bring up here, such as politics and health care. I'm asking for recommendations of other web sites that provide civilized and responsible discu...
by sailor234
Sun Sep 23, 2012 4:18 pm
 
Forum: Personal Consumer Issues
Topic: Recommendations for other useful web sites
Replies: 4
Views: 797

Re: Should I hire an attorney for my closing

my real estate experience is mostly in NJ, where an attorney was all but mandatory in the northern part of the state and far less common in the southern part of the state, where Title Insurance companies did the closings. (At one point the lawyers asked the NJ Supreme Court to require an attorney at...
by sailor234
Sat Sep 15, 2012 6:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I hire an attorney for my closing
Replies: 26
Views: 2599

Re: Did you/Do you plan to move when retiring?

I retired in 2001 and moved in 2005, from NJ to PA, which has no taxes on SS, Pension, IRA income.

Also spend 6-8 weeks in SW FL each winter, renting until I find the right place to buy.
by sailor234
Sat May 05, 2012 8:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Did you/Do you plan to move when retiring?
Replies: 65
Views: 3270

Re: IRA RMD - Table II questions

An update on how I resolved my RMD/Table II/charity beneficiary problem. I emailed Vanguard to confirm both the Table II restriction for one primary beneficiary and Vanguard's restriction that all primary beneficiaries on all IRAs must be the same. Vanguard confirmed the IRS's Table II constraint. V...
by sailor234
Thu May 03, 2012 10:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: IRA RMD - Table II questions
Replies: 9
Views: 883

IRA RMD - Table II questions

I did a search to find discussions on this topic but found nothing useful. If this has been covered, please send a link. Next year I will begin taking RMDs. I am currently single and will use Table 1 to get started. My significant other will retire in another two years and we will then get married; ...
by sailor234
Mon Apr 30, 2012 7:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: IRA RMD - Table II questions
Replies: 9
Views: 883

Re: RMD's over lifeof IRA

Actually, Wizard, I'm looking to spend more than the RMD in my 70's rather than wait for larger RMDs later, when I will be slowing down and spending less. I could easily spend less now - less travel, less entertainment, etc. - but there seems no strong reason to do so.
Ray
by sailor234
Thu Apr 12, 2012 11:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's over lifeof IRA
Replies: 16
Views: 1577

Re: RMD's over lifeof IRA

Hello ourbrooks

OK, now I understand the language confusion. Yes, anything over an RMD, that is targeted for a ROTH, would have to be done within the rules.
Regards
Ray
by sailor234
Mon Apr 09, 2012 6:48 am
 
Forum: Investing - Help with Personal Investments
Topic: RMD's over lifeof IRA
Replies: 16
Views: 1577

Re: RMD's over lifeof IRA

You might also want to look at your tax situation. If the RMD at age 70 knocks you into a higher tax bracket, withdrawing earlier in a lower bracket might make sense. Also, Roth contributions are limited to your taxable compensation; IRA withdrawals don't qualify as compensation. If you have a job ...
by sailor234
Sun Apr 08, 2012 6:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's over lifeof IRA
Replies: 16
Views: 1577

Re: RMD's over lifeof IRA

Thanks for the replies. To answer the questions: I do have other assets, a primary residence and a rental income property. Also have some funds outside of my IRA and ROTH, in IBonds and CDs. There is a significant other, J, who has her own house and IRA. When she retires in 2-3 years she will sell h...
by sailor234
Sat Apr 07, 2012 5:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: RMD's over lifeof IRA
Replies: 16
Views: 1577

RMD's over lifeof IRA

I'm close to starting RMD and finally looked into the details. As most of you already know, RMDs begin around 4% at age 70.5, then grow each year - leading to higher RMDs at age 80 and beyond. But it seems likely my spending will decline (except perhaps for health care) once into the 80s and there i...
by sailor234
Sat Apr 07, 2012 4:41 am
 
Forum: Investing - Help with Personal Investments
Topic: RMD's over lifeof IRA
Replies: 16
Views: 1577

family rental income - tax issue

Hello, I'm posting for a friend, who now owns 4.6 acres that contains a small rental property. Her elderly father owned the land, along with other properties, and decided to divide the land among his three children before he passes; this was completed this week. He has been collecting rents on the r...
by sailor234
Sat Mar 24, 2012 11:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: family rental income - tax issue
Replies: 2
Views: 341

Re: Depreciating real estate

Yes, my question should have asked how to set a value for the condo that no one offered to buy. Pub 527 does state "Sales of similar property, on or about the same date, may be helpful in figuring the fair market value of the property." There have been very few sales in the complex, even f...
by sailor234
Mon Jan 16, 2012 1:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Depreciating real estate
Replies: 3
Views: 485

Depreciating real estate

I'm now renting a condo that I could not sell. I have prior experience with rentals but have no recent experience with the relevant tax laws. Can anyone advise on current depreciation rules? Also, my previous rentals were bought for investment; I depreciated a portion of the purchase price. My new r...
by sailor234
Sun Jan 15, 2012 10:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Depreciating real estate
Replies: 3
Views: 485

Re: Sell or rent my condo

ilmartello » Wed Dec 28, 2011 6:14 pm "I hope when you calculated your costs and determined 3 percent, you included the mortgage payments, condo association fees, property taxes, and a reasonable amount set aside for repair. Oh and you need insurance even with a condo for fire or other risks, i...
by sailor234
Thu Jan 05, 2012 3:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Sell or rent my condo
Replies: 9
Views: 1288

Re: Sell or rent my condo

Thanks to all for the comments and suggestions. I've now rented the condo to a retired couple who want to be near their grandkids. Overall a rather easy process although I was competing with the builder, who rents out finished units that have not sold. My capital in the unit is debatable since no on...
by sailor234
Wed Dec 28, 2011 6:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Sell or rent my condo
Replies: 9
Views: 1288

Re: Refrigerator recommendations

Thanks to all for the comprehensive replies. The comments on which company makes which brands is very helpful. My preference would be to stick with Whirlpool since refrigerators are a major product, not a subsidiary. I did not know that Sears/Kenmore was now using LG products, which means I will con...
by sailor234
Tue Dec 20, 2011 11:35 pm
 
Forum: Personal Consumer Issues
Topic: Refrigerator recommendations
Replies: 29
Views: 2317

Refrigerator recommendations

Hello, I'm in the market for a new refrigerator, a french-door, bottom freezer model at counter depth. These seem to come in a large range of prices, none cheap, so I'd like to learn about user experience with top brands. As well, both LG and Samsung are being discounted by the big box retailers; an...
by sailor234
Mon Dec 19, 2011 9:38 pm
 
Forum: Personal Consumer Issues
Topic: Refrigerator recommendations
Replies: 29
Views: 2317

Re: SSA applying Behavioral Economics

I retired at 58 and, when I reached 62, decided to delay collecting SS. But when I hit 65 I had to register with SSA for Medicare. The registration process is now on-line but, back then, it involved two separate telephone conversations with SS staff - in both of those conversations I got a lecture o...
by sailor234
Mon Nov 07, 2011 8:07 am
 
Forum: Personal Finance (Not Investing)
Topic: SSA applying Behavioral Economics
Replies: 10
Views: 1283

Re: Switching from PC to Mac

Just do it - you will be glad you did. I worked with both Macs and Windows for much of my career but, in retirement, I heard the coming of Vista and decided to avoid it. Bought a Mac PowerBook Pro and never looked back. I did maintain an antique windows laptop, which soon was only used for Quicken; ...
by sailor234
Mon Nov 07, 2011 7:50 am
 
Forum: Personal Consumer Issues
Topic: Switching from PC to Mac
Replies: 21
Views: 1994

Will your condo association allow you to rent it? Yes; there are no restrictions (yet) on rentals. The complex is still under construction, about 70% built and sold, with the builder occasionally renting an unsold unit. At current sales rates, the complex will take 3-4 years to complete. Changing t...
by sailor234
Sat Oct 15, 2011 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Sell or rent my condo
Replies: 9
Views: 1288

trigger finger surgery

Do we have any orthopedic guys or folks with trigger finger experience? I've had a trigger finger for almost a year. One finger on my dominant hand. I had one cortisone injection, which provided relief for two-three months but it's back. I've been told the max on cortisone is two injections in one f...
by sailor234
Sat Oct 15, 2011 9:52 am
 
Forum: Personal Consumer Issues
Topic: trigger finger surgery
Replies: 4
Views: 615

Sell or rent my condo

Here in PA I've bought a new home and have my active adult condo up for sale. No surprise, it's a very slow market and no offers yet. I've also listed it for rent and have several contacts, one of which wanted to rent long term, five years or more. (He is 71 and doesn't want to move again.) So renti...
by sailor234
Mon Oct 10, 2011 9:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Sell or rent my condo
Replies: 9
Views: 1288

Thanks to all for the discussion and alternatives. I'm going to shut one heater down and let it sit, empty, until I need it. (I've been in my current home, with a 40 gallon heater, for five years and never had a problem.) I just checked and only the cold water input side has a valve, neither output ...
by sailor234
Mon Jul 25, 2011 4:26 pm
 
Forum: Personal Consumer Issues
Topic: Dual water heaters
Replies: 23
Views: 2361

Dual water heaters

I've just closed on a home that has two 50 gallon gas-fired water heaters, which are connected in parallel with both working. The house is only five years old and, with only two of us, we don't really need 100 gallons of hot water. I've considered the following: 1. Shut one off and, once a month, re...
by sailor234
Sat Jul 23, 2011 5:16 pm
 
Forum: Personal Consumer Issues
Topic: Dual water heaters
Replies: 23
Views: 2361

An interesting thread. I'm running a MBP w Snow Leopard and also have an iPad 2, which has been a disappointment so far. Given the amazing popularity of the IiPad I didn't spend much time researching it, just bought the Ipad 2 when it came out, then was amazed it has no directory or file system. It'...
by sailor234
Sat Jul 23, 2011 5:07 pm
 
Forum: Personal Consumer Issues
Topic: Mac users: OSX Lion
Replies: 51
Views: 5668

I reported 50-75 but do not have an accurate count. For most web sites that do NOT involve a financial transaction, I use the same ID and password. For all web sites that involve financial or personal information, I use specific IDs and passwords. I also run with cookies turned off unless absolutely...
by sailor234
Tue Jun 28, 2011 6:13 am
 
Forum: Personal Consumer Issues
Topic: [Poll] How many userids/passwords do you have?
Replies: 36
Views: 2826

My opinion of which is worse, UPS or FedEx, changes repeatedly. Right now I consider FedEx the worst; I've absolutely had FedEx report "owner not home" when even though I've had a note on the door and was waiting for a delivery. Another time, when signature was required and he didn't wait,...
by sailor234
Tue Jun 28, 2011 6:08 am
 
Forum: Personal Consumer Issues
Topic: Tipping Fedex/UPS guy?
Replies: 27
Views: 4118

Another option: Get a Mac and use NeoOffice, a full-featured set of office applications for Mac OS X. I switched to Mac when I heard the advance warnings about Vista and have not bought any MS products since then. I did keep an old Windows laptop running XP Home and Office 2000 for a while but that'...
by sailor234
Tue Jun 28, 2011 5:58 am
 
Forum: Personal Consumer Issues
Topic: Alternatives to Microsoft Office Suite
Replies: 38
Views: 2859

At about 58 woke one day to "floaters" in the eyes. It's amazing that you went so long without them; I thought everybody had them. The same thing happened to me almost 40 years ago, when I was in my teens. I still remember the day they first appeared. It was pretty frightening because I d...
by sailor234
Wed Jun 15, 2011 7:24 am
 
Forum: Personal Finance (Not Investing)
Topic: At what age does it go downhill
Replies: 140
Views: 15924

My experience in the Northeast. A home near my current condo residence came on the market as a short sale. I had some prior knowledge of this home and was quite interested. It sold in June 2006 for $706,000. The short sale asking price was $389,000. It is in a nice location with a decent view; to di...
by sailor234
Sun Jun 12, 2011 6:52 pm
 
Forum: Investing - Theory, News & General
Topic: Shiller: Home-Price Drop of 10 - 25% 'Wouldn’t Surprise Me
Replies: 53
Views: 6024

Even if tax rates remain the same, anyone with a serious IRA can be pushed into a higher tax bracket when RMDs begin. While waiting for full SS age, I did a small IRA to ROTH conversion each year, paying the taxes out of other after-tax funds; once I began SS I stopped the conversions. Now I have a ...
by sailor234
Tue Apr 12, 2011 9:53 pm
 
Forum: Investing - Theory, News & General
Topic: Advantages of Roth conversions?
Replies: 25
Views: 3793

What makes you think these "squatters" as you call them represent any significant portion of the market? A few anecdotes? Foreclosure rates and short sales are at the highest rate since the 1930s. The Case-Shiller index shows housing prices declining steeply. There are well-documented mas...
by sailor234
Wed Mar 30, 2011 9:24 am
 
Forum: Personal Finance (Not Investing)
Topic: At What Point Would You Walk Away From Your House?
Replies: 184
Views: 16762

I don't understand blaming the bank. A wanted to buy a house. B had a house to sell. The house was "worth" $250k, but B wanted $500k. All of A's friends and neighbors told him that the house was a steal at $500k. So did the WSJ, the NY Times, his realtor, and his local television station....
by sailor234
Wed Mar 30, 2011 9:18 am
 
Forum: Personal Finance (Not Investing)
Topic: At What Point Would You Walk Away From Your House?
Replies: 184
Views: 16762

An interesting thread. A home of interest near me has just been listed as a short sale. Apparently the owner is about $250K under water. Had my broker check it out and learned the owner is not allowing anyone to see the house yet and won't reply to calls from his listing agent. My broker tells me if...
by sailor234
Tue Mar 29, 2011 12:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: At What Point Would You Walk Away From Your House?
Replies: 184
Views: 16762

I think people should stop (implicitly) judging the lifestyle choices of others. My wife and I (and maybe our child, too, although we can't tell yet) are introverts, so we appreciate the separation we can get from two stories, a finished basement, and 2700+ square feet. Plus, it's nice to have a gu...
by sailor234
Sun Mar 27, 2011 3:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: How big is big for a house and who cleans it?
Replies: 63
Views: 7181

I also have a mostly inactive facebook (FB) account, which I opened at the behest of a friend who was in a difficult time in her life. Then a larger group of friends sent requests to link up. Then they started writing on my wall and I stopped looking, especially when the farmville crap began. Now, i...
by sailor234
Sat Mar 26, 2011 11:22 am
 
Forum: Personal Consumer Issues
Topic: explain the fascination of Facebook
Replies: 122
Views: 11812

If you want to visit the models, why not just go and not give them your name or personal information? Thanks, I did just that. Doubt it is legal anywhere. At the least, its a major ethics violation for a realtor. The builder is paying her (as a sub-agent) to represents his best interests and to tak...
by sailor234
Mon Mar 07, 2011 4:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Adding to broker's commision on new home purchase.
Replies: 7
Views: 1261

Adding to broker's commision on new home purchase.

I'm working with a broker to find a possible second home; we're looking mostly at existing but she has suggested looking at a new construction project. In the past I've had brokers suggest I NOT visit the models without them because the sales office broker will get the sale. If I go with my broker s...
by sailor234
Wed Mar 02, 2011 11:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Adding to broker's commision on new home purchase.
Replies: 7
Views: 1261

Thanks to all for the informative replies and insights.
Ray
by sailor234
Tue Feb 15, 2011 11:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage pre-approval issues
Replies: 6
Views: 1225

Mortgage pre-approval issues

I'm considering a second home and, in preparation, have been watching mortgage rates and getting pre-approved at two banks. Another bank sent a form for me to sign, which authorizes them to contact the banks, employers, etc. that I define in my application. But it also extends, for the thirty-year l...
by sailor234
Mon Feb 14, 2011 5:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage pre-approval issues
Replies: 6
Views: 1225

"Insurance premiums, including amounts paid under Social Security for Medicare, can be used as medical deductions." This is a surprise to me and I worked in NJ for many years. To my recollection, TaxCut never suggested adding the Medicare tax as a state deduction. Perhaps I missed it. Has ...
by sailor234
Sun Feb 13, 2011 9:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Medical deduction for NJ
Replies: 9
Views: 3164

A good thread _ I just canceled my RCN service (TV and internet) when I left for FL for two months. RCN even provided a pre-paid shipping label for the cable box and modem. I took this step after they refused to give me a promotional package with more useful stuff at less cost. When I get back up no...
by sailor234
Sat Feb 12, 2011 12:10 am
 
Forum: Personal Consumer Issues
Topic: Do you negotiate cable/internet prices?
Replies: 36
Views: 4283

Macbook Pro 17", 2006 model, a workhorse. A smaller screen would be more portable although I routinely take mine on trips. I had worked with both Macs and PCs but heard the predictions of Vista problems and chose not to learn yet another Windows OS so I bought the Macbook Pro. Some have recomme...
by sailor234
Sat Jan 22, 2011 11:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Good laptop to recommend?
Replies: 54
Views: 5416
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