Search found 200 matches

by Goodman60
Thu Jul 20, 2017 12:32 am
Forum: Personal Consumer Issues
Topic: Putting Your Furniture in Storage
Replies: 13
Views: 905

Putting Your Furniture in Storage

I have older furniture...4 bedrooms, living room, dining room, family room and a few things in the basement. I'm thinking about putting it all in storage and renting a furnished apartment for a year as I decide where my next permanent home will be. What might this cost to do? I have no clue and woul...
by Goodman60
Mon Jun 19, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: IRS Audit - Backdoor Roth
Replies: 53
Views: 12641

Re: IRS Audit - Backdoor Roth

Seems like many Bogleheads have gotten CP2000 notices about 2015 backdoor Roth conversions during the past few weeks:

viewtopic.php?f=2&t=221314
by Goodman60
Sat Jun 17, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Unable to Access POA in Revocable Trust
Replies: 30
Views: 1883

Re: Unable to Access POA in Revocable Trust

Why the hurry to pay the hospital? And why is this not the successor Trustee's problem?
by Goodman60
Sat Jun 17, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth Conversion and IRS trying to tax it
Replies: 7
Views: 711

Re: Backdoor Roth Conversion and IRS trying to tax it

Sounds like you are one of many getting nasty grams about 2015 backdoor Roth conversions. Read this thread:

viewtopic.php?f=2&t=221314
by Goodman60
Sat Jun 17, 2017 6:24 am
Forum: Personal Finance (Not Investing)
Topic: help with IRS letter charging for taxes on 2015 backdoor roth
Replies: 26
Views: 2058

Re: help with IRS letter charging for taxes on 2015 backdoor roth

Also, for what it's worth, my experience from prior such letters suggests that in about 30 days I'll get a notice saying that they received my reply and will process it soon. And in another 30 days they'll send a "no change" letter, or will want something else which will require another re...
by Goodman60
Sat Jun 17, 2017 6:00 am
Forum: Personal Finance (Not Investing)
Topic: help with IRS letter charging for taxes on 2015 backdoor roth
Replies: 26
Views: 2058

Re: help with IRS letter charging for taxes on 2015 backdoor roth

I just got one of these notices too, for 2015, for a backdoor Roth, and believe I did the tax return right. So I returned the IRS notice with copies of my original Forms 1040 and 8606 and circled, in red, the lines in question. I replied by Certified Mail. Hopefully I'll get a "no change" ...
by Goodman60
Thu Jun 15, 2017 2:01 pm
Forum: Personal Consumer Issues
Topic: Good Digital Tire Gauge
Replies: 21
Views: 1486

Re: Good Digital Tire Gauge

This is not digital, but is the best tire gage I've had. https://www.amazon.com/Joes-Racing-32307-Pressure-Gauge/dp/B00404WDUC/ref=sr_1_1?ie=UTF8&qid=1497357365&sr=8-1&keywords=joe%27s+tire+gauge OK, I gave up on digital and bought this. It arrived today and seems very good. Thank you s...
by Goodman60
Wed Jun 14, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: Getting a Florida Sunpass
Replies: 14
Views: 1352

Re: Getting a Florida Sunpass

If you put your rental car plate number into the app, why does he need the windshield thingie? The system obviously reads your plate. I suspect it's because not all system readers are the same throughout the state. Some are old for the old windshield sticker system and have not yet been replaced wi...
by Goodman60
Wed Jun 14, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: Getting a Florida Sunpass
Replies: 14
Views: 1352

Re: Getting a Florida Sunpass

I just did exactly that...ordered the more durable Sunpass. It's still not clear why I need to enter my plate number on a rental car...or, if I can just enter my plate number, why do I need the Sunpass transponder? Here in PA I use EZPass for rental cars often. I never enter anything...the toll plaz...
by Goodman60
Wed Jun 14, 2017 6:12 am
Forum: Personal Consumer Issues
Topic: Getting a Florida Sunpass
Replies: 14
Views: 1352

Getting a Florida Sunpass

I've been spending time in Florida, although I don't live there. And am wondering about getting a SUNPASS for toll travel. Currently I just let the rental car bill me, with the added juice. How does this work for out-of-staters? And is it worth my while (4-5 trips to Fla per year) or should I just k...
by Goodman60
Tue Jun 13, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Good Digital Tire Gauge
Replies: 21
Views: 1486

Good Digital Tire Gauge

I had a really good digital tire gauge...I think I paid about $50 for it about 15 years ago. It died and I couldn't find the brand...they must have gone out of business. Anyway, I threw it out about 3 months ago and bought a small gauge but now realize I miss my good tire gauge. It had a hose to a r...
by Goodman60
Mon May 29, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Funds For Law School
Replies: 5
Views: 449

Re: 529 Funds For Law School

Congrats to your son! The rules are largely the same as undergraduate in terms of 529-eligible expenses. 1. Health insurance doesn't count as QHEE Thank you. They won't let him enroll unless he has qualified health insurance. So why wouldn't this be a qualified expense, as it's required? http://www...
by Goodman60
Mon May 29, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Funds For Law School
Replies: 5
Views: 449

Re: 529 Funds For Law School

mcraepat9 wrote:Congrats to your son!

The rules are largely the same as undergraduate in terms of 529-eligible expenses.

1. Health insurance doesn't count as QHEE


Thank you. They won't let him enroll unless he has qualified health insurance. So why wouldn't this be a qualified expense, as it's required?
by Goodman60
Mon May 29, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Funds For Law School
Replies: 5
Views: 449

529 Funds For Law School

This is a follow up to my prior recent post about using 529 funds for law school or not. There's just shy of $300,000 left in the account after undergraduate. You've all pretty much convinced me to use 529 plan money to pay for my 23 year old son's top 10 law school. He's into one and is wait listed...
by Goodman60
Sun May 21, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

My own guess is that the bubble will not pop for those at or above upper middle class. As with healthcare, I plan, financially, for continued high costs for family education.
by Goodman60
Sun May 21, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

I do not
by Goodman60
Sun May 21, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

This is a VERY good discussion. Thank you all for helping me think this out. To the post just above, yes, you make a great point. On the other hand, don't we generally make most financial decisions based on the assumption that current tax law will be future tax law, even though we know there will be...
by Goodman60
Sun May 21, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

I appreciate that point of view. I DO feel like I'd be paying twice by NOT using the 529 money. And I can always superfund a 529 for grandkids as they arrive, assuming I live the 5 years that superfunding requires (in order to not be clawed back into a deceased estate for estate taxation counting). ...
by Goodman60
Sun May 21, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

This is the second post like this recently. I can't understand why one would save in a 529 account, have the opportunity to use that money to pay for higher education as intended and then not spend it. Estate planning. The opportunity to pay direct for education and not be subject to gift tax (or e...
by Goodman60
Sat May 20, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

To answer your question - I believe you get a 1099-Q when you take a 529 distribution. The 1099-Q lists the earnings and your "basis" for the distribution. You compare the total distributions from the 529 from that year to your educational expenses for that year. So put another way, if yo...
by Goodman60
Sat May 20, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

Do you have other kids that you could use the 529 on? If not clean that out and avoid paying taxes on it. No but I might want to kick the 529 money down the family tree and save it for grandkids from another child. Then take advantage of the "direct pay of education" allowance (no gift ta...
by Goodman60
Sat May 20, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Re: Use 529 Money Or Not?

The check doesn't have to come in his name. The check CAN be sent to me, the account owner, if requested. But that's not the issue. I can lend him the money and pay directly on his behalf. If I decide, later, it can be deemed a direct payment with no reimbursement to me. I've been doing 529 withdraw...
by Goodman60
Sat May 20, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 Money Or Not?
Replies: 19
Views: 1569

Use 529 Money Or Not?

My son will start a top 14 law school this fall. All in it will cost about $250,000 to $300,000 including living expenses. I can pay for it from taxable savings or from his 529 account. I'm thinking of doing something else with the 529 and just paying for law school directly. Assuming he starts this...
by Goodman60
Mon May 01, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Interesting Tax Guide - 2017
Replies: 18
Views: 2936

Re: Interesting Tax Guide - 2017

Any good, specific, new tax saving nuggets you can share?
by Goodman60
Sat Apr 29, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Does a credit card authorized user get their own credit card?
Replies: 15
Views: 1241

Re: Does a credit card authorized user get their own credit card?

When my kids were pre-teens (now 27 and 23), I put them on as authorized users. When the oldest hit age 18, her credit score was near 800 at the getgo. My younger had a score in the low 700s. It's my understanding that, at one point, doing this no longer helped the authorized user. But that it again...
by Goodman60
Thu Apr 27, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 4749

Re: Stay Out Of REITs?

Blueskies123 wrote:Despite what the others say it does not make a lot of sense to diversify into REITs at all time highs.



So should we sell stocks and bonds too, since they, also, are at all time highs?
by Goodman60
Mon Apr 24, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

I hate to be blunt, but I think you're trying to justify your price to yourself rather than accept market feedback. As others have mentioned you need to reset your market expectations and if you think you have the yeild curve perfect consider renting it out for a period. When my wife and I purchase...
by Goodman60
Mon Apr 24, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

One other relevant tidbit: I told the realtor at the beginning that I wanted a 5% commission listing, to which she agreed. When I complained recently about the lack of traffic, she said that "maybe' some realtors are shying away from the 5% commission, generally reserved for homes $1M and over....
by Goodman60
Mon Apr 24, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

Ok. Thanks for the clarification. I better understand the street issue now. Have any of the 19 similar detached homes sold recently? 3 over the past 5 years...because they were the only ones for sale (a very stable neighborhood). Mine, however, is right against the entrance to the townhouses, so it...
by Goodman60
Mon Apr 24, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

I am the OP replying to the last post. First of all, I think you're replying to multiple folks here. My home is a 4 bedroom, single family home in an upscale suburb of Pittsburgh with an excellent, "highly desirable" school district. The cul-de-sac issue is as follows: The house was built ...
by Goodman60
Mon Apr 24, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 9890

Re: Why is Real-Estate so Bad?

My overall conclusion about real estate is that what makes it "so bad" is that it's us, the little guys, competing with the economy of scale of the big guys. The era where Grandpa could accumulate a fortune buying duplexes is pretty much over. Because with computers and automation, the lit...
by Goodman60
Mon Apr 24, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 21043

Re: Any regrets living a frugal life for high income/high networth individuals?

Of course all those who died young (and presumably regret having been overly frugal) are unable to post... Interesting thing about that. It's not just death that could cause regrets. You could end up constrained in other ways and live to regret it. In my case, I acquired a chronic health condition ...
by Goodman60
Sun Apr 23, 2017 6:55 pm
Forum: Local Chapters and Bogleheads Community
Topic: The next generation of Boglehead authors
Replies: 41
Views: 4106

Re: The next generation of Boglehead authors

I miss Rick Ferri's posts too
by Goodman60
Sun Apr 23, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

I'm envisioning the 1979 yellow needs to go. Neutral neutral, neutral. A fresh coat of paint is $50 and an afternoon. If it helps get an offer, it's def worth it. Not saying that's your biggest problem, but I'm guessing its not helping. What about the yellow fixtures and yellow tile floor? I can't ...
by Goodman60
Sun Apr 23, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

Is it your house or the economy in Pittsburgh? Westinghouse bankruptcy, Heinz and Kraft merger, other things affecting your sale? What does your current realtor tell you about the economy if she is one of the top agents? Naah. Despite those local speed bumps, medicine and Google/Carnegie Mellon hav...
by Goodman60
Sun Apr 23, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

Again I'm the OP with some answers to follow up questions here. The listing was for 4 months, expiring in about 30 more days. The agent is a "big Gun" and my $475K property is in the "average" price range of what she usually sells. She'll let me go now if I want. She had good, pr...
by Goodman60
Sat Apr 22, 2017 4:51 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

I'm the OP. The house is in good cosmetic and mechanical shape. The lot isn't great; it's a cul de sac that opens into a townhouse complex. That being said, it's in a great school district and is a good neighborhood. I'll take what I can get but it's not clear how far to cut the price and how fast....
by Goodman60
Sat Apr 22, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Re: Issue With Real Estate Agent (Seller)

I'm the OP. The house is in good cosmetic and mechanical shape. The lot isn't great; it's a cul de sac that opens into a townhouse complex. That being said, it's in a great school district and is a good neighborhood. I'll take what I can get but it's not clear how far to cut the price and how fast. ...
by Goodman60
Sat Apr 22, 2017 12:51 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 56
Views: 5473

Issue With Real Estate Agent (Seller)

My home has been listed since January. There have been very few showings in spite of lowering the price 5% then another 5% from where the listing agent suggested we start. I remembered that when I sold my prior home, 25 years ago, the selling agent insisted that she be there to show the property whe...
by Goodman60
Tue Apr 18, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Dishwasher Problem
Replies: 4
Views: 568

Dishwasher Problem

My 3 year old Kenmore dishwasher did something weird today. Upon trying to clean a load, no water would get into the tub. But water leaked underneath into my garage. There was an error message that there was no water. Oddly, the water is live to the dishwasher and there is no leak as long as I don't...
by Goodman60
Fri Mar 31, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Someone To Be In Charge of Moving
Replies: 6
Views: 541

Someone To Be In Charge of Moving

Soon I will be moving out of the house where our kids were raised and we lived for 25 years. I'm single now and will be downsizing to an apartment or probably townhouse. The thought of moving/selling/trashing stuff is stressing me out. I'm fairly well off. Meaning I'd like to just pay someone to be ...
by Goodman60
Wed Mar 01, 2017 8:34 pm
Forum: Personal Consumer Issues
Topic: Florida Sunpass and EPass Tolling
Replies: 5
Views: 692

Re: Florida Sunpass and EPass Tolling

I guess a logical follow up question, perhaps with no concrete answer, is: Why hasn't there been a push for a standardized toll system? Put another way, since so many EZPass'ers from the Northeast visit/move to Florida, why can't EZPASS become at least compatible with the two Florida systems?
by Goodman60
Wed Mar 01, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Florida Sunpass and EPass Tolling
Replies: 5
Views: 692

Florida Sunpass and EPass Tolling

Why does Florida have TWO DIFFERENT toll collection agencies...Sunpass and EPass (not to be confused with the North East's EZPass)? To this outsider, this seems totally confusing and, frankly, ridiculous.
by Goodman60
Mon Feb 27, 2017 7:19 am
Forum: Personal Finance (Not Investing)
Topic: To Rent or Buy Townhouse
Replies: 15
Views: 1853

Re: To Rent or Buy Townhouse

This was a good conversation for me, the original poster. Yes, my newly single status means I have no idea where I'll end up in a few years. I guess, having owned my own home for 35 years, I'm a little nervous about not having my "own" place. And I posted this to be sure I wasn't missing a...
by Goodman60
Sun Feb 26, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: To Rent or Buy Townhouse
Replies: 15
Views: 1853

Re: To Rent or Buy Townhouse

Rent for $30000 a year is a lot. Maybe rent for a year or two and then decide. Renting gives a lot of freedom to move around if you want. What does the HOA fee pay for? Outside maintenance? More like $25,000 for a $325,000 unit. Is that alot? Property tax on that unit would be about $9000/year. Yar...
by Goodman60
Sun Feb 26, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: To Rent or Buy Townhouse
Replies: 15
Views: 1853

Re: To Rent or Buy Townhouse

Rent for $30000 a year is a lot. Maybe rent for a year or two and then decide. Renting gives a lot of freedom to move around if you want. What does the HOA fee pay for? Outside maintenance? The HOA fee covers all yard work and show removal (which can be an expensive proposition in a bad winter or n...
by Goodman60
Sun Feb 26, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: To Rent or Buy Townhouse
Replies: 15
Views: 1853

To Rent or Buy Townhouse

I'm newly single and my big family house is for sale. My kids are grown so it's just me. I live in Pittsburgh. Some neighborhoods have seen big real estate price increases as the economy has improved here, but generally property perks along at about the rate of general inflation at best. And propert...
by Goodman60
Thu Feb 16, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: Good Restaurant Near Clearwater Airport (PIE)
Replies: 4
Views: 369

Re: Good Restaurant Near Clearwater Airport (PIE)

David Jay wrote:Eating PIE? :happy


For dessert!
by Goodman60
Thu Feb 16, 2017 4:01 pm
Forum: Personal Consumer Issues
Topic: Good Restaurant Near Clearwater Airport (PIE)
Replies: 4
Views: 369

Re: Good Restaurant Near Clearwater Airport (PIE)

hammockman wrote:The Chophouse on Ulmerton Drive is very good. Right before 19 North road to the airport, right by the hotels.


Looks good! Thank you!

Go to advanced search