Search found 921 matches

by Hayden
Wed Aug 23, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 83
Views: 4958

Re: Non-fiction bucket list

In college I read a fascinating book on the history of science, recommended by a physics Prof who was frustrated that the study of history did not typically include the study of the history of science. I'm sorry to say I don't remember the title. Perhaps another boglehead knows a good title on histo...
by Hayden
Wed Aug 23, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 523
Views: 203975

Re: TV show recommendations?

Currently watching Inspector Lewis. I love those British crime dramas: Foyle's War, etc.
Better plots and characters than US police dramas IMO
by Hayden
Tue Aug 15, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit 2015 1099 MISC
Replies: 11
Views: 1428

Re: IRS Audit 2015 1099 MISC

I would think k you could deduct the cost of mileage for travel to your coaching locations. The IRS publishes the amount you can deduct. I think it's something like $0.535/mile, but you should look it up.

Did you need to purchase any equipment for use in your coaching? That also should be deductible.
by Hayden
Tue Aug 15, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Retired Boglehead obsession with money- devil's advocate
Replies: 66
Views: 6932

Re: Retired Boglehead obsession with money- devil's advocate

This thread is timely for me as I have spent the last 2 days debating whether to purchase a condo that seems to me to be very expensive and grand. I have so far resisted the temptation to post a "can i afford this condo" thread because I know the answer: of course you can afford it. I think I worry ...
by Hayden
Sun Aug 13, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Setting up a LLC for side gig: 401(k)/IRA & Tax Management Question
Replies: 10
Views: 955

Re: Setting up a LLC for side gig: 401(k)/IRA & Tax Management Question

Why set up an LLC at all? Seems like you could do everything you want to do as a sole proprietor (schedule C). For example, you can set up a retirement account. To start, I would definitely set up a business bank account and start very clearly separating business from personal expenses. All business...
by Hayden
Fri Aug 11, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8179

Re: ObamaCare 2018

This is interesting; thanks for posting. Of course, insurance is local, so unless one lives in the major cities cited, the numbers will be different. I am early retired and health insurance is a factor in where I move for retirement. From this article, Seattle looks attractive. You can get quick, f...
by Hayden
Thu Aug 10, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 8179

Re: ObamaCare 2018

This is interesting; thanks for posting. Of course, insurance is local, so unless one lives in the major cities cited, the numbers will be different.

I am early retired and health insurance is a factor in where I move for retirement. From this article, Seattle looks attractive.
by Hayden
Wed Aug 09, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Home Office/Commute Tax write off question
Replies: 5
Views: 786

Re: Home Office/Commute Tax write off question

I am not an accountant.

I never took the home office deduction. I had my company reimburse me for use of my home office. Can you do that?
by Hayden
Wed Aug 09, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: Oregon road trip help
Replies: 54
Views: 2848

Re: Oregon road trip help

Personally I would pass on the Dalles. I would spend more time on the coast. I like Newport. There are lots of towns to visit allong the coast. To me, much more interesting than the Dalles.
by Hayden
Wed Aug 09, 2017 5:58 pm
Forum: Personal Consumer Issues
Topic: Do you plan to ditch your laptop in travel soon?
Replies: 54
Views: 3716

Re: Do you plan to ditch your laptop in travel soon?

Depends on the length of the trip. If over 4 or 5 weeks, I take the laptop. Otherwise, I take phone and tablet. I've got all my files backed up to the cloud, so I can access them from my phone if needed. I'm typing this on my phone, and it sure is irritating. I'll have to look into keyboard for phone
by Hayden
Wed Aug 09, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: 2017’s Best & Worst States for Health Care
Replies: 15
Views: 2077

Re: 2017’s Best & Worst States for Health Care

I buy individual health insurance and will for many years (I'm far from Medicare age). Healthcare is a big factor in my thinking about where to live. Unfortunately I don't think these ratings are granular enough. My sense is that I should stay near large population centers in order to maintain acces...
by Hayden
Wed Aug 09, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 585

Re: Close business as S Corp or Partnership

I'm not sure I understand. You created a corporation with a partner, put mutual funds in it, supposedly did something with the corporation, and now you want to get the mutual funds you put into it out. The funds have large capital gains. It has been a long while since I filed a corporation tax retu...
by Hayden
Tue Aug 08, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: Google Pixel on sale today
Replies: 2
Views: 476

Google Pixel on sale today

I know a number of bogleheads are thinking about Pixel/Project Fi, so wanted to let people know that the Pixel and Pixel XL are on sale today. For example, the XL with 128 GB is $200 off. I've been following the Pixel for a while, and i haven't seen a sale before.
by Hayden
Tue Aug 08, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Buy Google Pixel mobile now or wait for Pixel 2
Replies: 32
Views: 2589

Re: Buy Google Pixel mobile now or wait for Pixel 2

Google is back ordered on the silver Pixel. Given the comments about supply issues is it worth waiting for it or go ahead and order a different color? I just received my silver Pixel. Got it very fast; not back ordered. My plan was to wait for the new Pixel. But my Samsung Note decided to die and I...
by Hayden
Tue Aug 08, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Scorp moving salary & distributions from corp to personal
Replies: 2
Views: 163

Re: Scorp moving salary & distributions from corp to personal

I would suggest finding an accountant who specializes in S Corps.
by Hayden
Tue Aug 08, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Small SCorp required to sign Master Service Agreement with Large Company
Replies: 3
Views: 384

Re: Small SCorp required to sign Master Service Agreement with Large Company

There may be additional concerns if this is government work. Are they a government contractor?
by Hayden
Tue Aug 08, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 585

Re: Close business as S Corp or Partnership

Your lawyer is suggesting buying 48% of a company for $500. What is the company worth? Might such a transaction be seen as some kind of sham transaction set up purely as a tax dodge by the IRS and be invalidated for tax purposes? The company assets are close to $1M. I asked the lawyer your question...
by Hayden
Tue Aug 08, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 585

Re: Close business as S Corp or Partnership

Distributions have to be pro rata. If the shares are not identical (except for voting rights) then it's not an S corporation. I don't understand your comment about it not being an S corp. Ownership of the S Corp has always been 51/49. Distributions have always been 51/49, in accordance with S Corp ...
by Hayden
Mon Aug 07, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Close business as S Corp or Partnership
Replies: 6
Views: 585

Close business as S Corp or Partnership

We have an LLC taxed as an S Corp. 2 Members, with ownership 51/49. Our capital accounts are 100%/0%. The company is winding down and we would both like to distribute the money in accordance with the capital accounts. (it doesn't have to be exact; we're just looking to make the distributions close t...
by Hayden
Mon Aug 07, 2017 11:17 am
Forum: Personal Consumer Issues
Topic: Using a VPN for mobile internet
Replies: 8
Views: 819

Re: Using a VPN for mobile internet

I've been using Private Internet Access VPN for years. I just bought a pixel and it appears to have a built in VPN, so I guess I'll use that going forward. I figure Google already knows all my private info, so dropping PIA will give me one fewer company with access to my info. PIA let me chose what ...
by Hayden
Sat Aug 05, 2017 10:20 am
Forum: Personal Consumer Issues
Topic: NYT: Buy more takeout and hire a maid, study suggests
Replies: 37
Views: 5876

Re: NYT: Buy more takeout and hire a maid, study suggests

I agree about hiring out things you don't enjoy. My partner keeps encouraging me to buy an expensive car and I keep saying I'd rather have a chaffeur (ie Uber) than a car. I really dislike driving. We also go out to eat most nights. I agree it is a challenge to find healthful food, but I just do not...
by Hayden
Thu Aug 03, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Form 8960, NIIT
Replies: 2
Views: 198

Re: Question on Form 8960, NIIT

The capital gain from the sale of the mutual fund would be subject to NIIT. If you are a nonpassive shareholder in an S Corp, the ordinary income from the business activity would not be subject to net investment income tax, nor would gain from sale of property used in the business, or gain from sal...
by Hayden
Thu Aug 03, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Form 8960, NIIT
Replies: 2
Views: 198

Question on Form 8960, NIIT

I have an S Corp that owns mutual funds at Vanguard. I sold a mutual fund and realized a capital gain. This flows to me on my K-1. I am trying to figure out whether that capital gain is subject to NIIT. I did a dummy tax return using Turbotax, and Turbotax made the capital gain subject to NIIT. I re...
by Hayden
Sun Jul 23, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: 2017 Genesis
Replies: 34
Views: 3759

Re: 2017 Genesis

I have a friend with the Genesis and he loves it. He says, people are constantly mistaking it for a Bentley.
He bought it for the excellent electronics (Google maps) and safety features.
by Hayden
Fri Jul 21, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: How is U-Haul for getting a trailer hitch?
Replies: 28
Views: 2008

Re: How is U-Haul for getting a trailer hitch?

Had it installed at U Haul. Later, when we went to rent trailer, we were told it was installed incorrectly. They sent us to a different UHaul place to have it reinstalled before they would give us the trailer. So I guess it depends on who does it.
by Hayden
Thu Jul 20, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: SS survivor's benefit for my spouse
Replies: 15
Views: 1107

Re: SS survivor's benefit for my spouse

I read Piper's book recently. He says that if the surviving spouse claims widow benefits prior to FRA, those benefits are reduced.
by Hayden
Thu Jul 20, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View usefulness?
Replies: 34
Views: 2443

Re: Fidelity Full View usefulness?

I use the analysis tab to track my AA. But, I have manually entered all of my data in the Analysis tab. I have never visited full view (don't want to give Fido passwords). Since I don't trade in my Vanguard account, it wasn't that much trouble to enter all my assets outside Fido and update it occasi...
by Hayden
Wed Jul 19, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Bank accounts in another state
Replies: 6
Views: 652

Re: Bank accounts in another state

I would be concerned about establishing residency and tax liability in the second state. I have a vacation house in a different state but I am careful to put my primary residence address on everything. I don't want to inadvertently create an issue in a second state.
by Hayden
Mon Jul 17, 2017 10:30 am
Forum: Investing - Theory, News & General
Topic: Investing Retained Earnings
Replies: 3
Views: 402

Re: Investing Retained Earnings

My business has an account at Vanguard where I invest RE
by Hayden
Sun Jul 16, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Would you look for a general handyman for these home jobs?
Replies: 28
Views: 2849

Re: Would you look for a general handyman for these home jobs?

I think a good handyman is worth a lot. I am fortunate to have one at my current house, but never did find one at my previous house. I would definitely start the process of talking to neighbors and trying to locate a good one. I like knowing that if something urgent happened and I needed help quickl...
by Hayden
Sat Jul 15, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: What online courses are you taking?
Replies: 0
Views: 262

What online courses are you taking?

I am currently taking Robert Shiller's course on Financial Markets on Coursera. I'm really enjoying it. I think it's a good overview, and is helping me fill in some gaps in my knowledge. I recently completed a course on Digital Transformation Strategy on edX. I found it thought provoking, but very l...
by Hayden
Sat Jul 15, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: S Corp - minimize taxes, maximize deductions
Replies: 29
Views: 2133

Re: S Corp - minimize taxes, maximize deductions

I should point out that realizing income in your hand is incontinent with reducing your income taxes unless you do not mind audits. In other words it is hard to put cash in your hand and also not have it taxed. The traditional way you do that is with depreciation and deductions which are audit flag...
by Hayden
Sat Jul 08, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe's Update on Guru's Predictions
Replies: 21
Views: 2549

Re: Larry Swedroe's Update on Guru's Predictions

Thanks for posting. This is a good reminder to me to tune out the noise and stick to my simple 50/50 AA.
by Hayden
Fri Jul 07, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard infrastructure quality issues
Replies: 10
Views: 1111

Re: Vanguard infrastructure quality issues

The exact same thing happened to me. Dividends have been depositing to my bank account for months, and were just deposited to my settlement account. No warning or explanation of the change from Vanguard. Vanguard is supposed to notify me electronically of any changes to my account. After many compu...
by Hayden
Fri Jul 07, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Task management / organizing app
Replies: 52
Views: 2057

Re: Task management / organizing app

We use Our Groceries for groceries and anything else that needs to be purchased at a store (we have separate lists for Costco, Home Depot, etc). One person can put an item on the list, the other crosses it off the list as he's in the store purchasing the item. Works great and is free.
by Hayden
Thu Jul 06, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard infrastructure quality issues
Replies: 10
Views: 1111

Re: Vanguard infrastructure quality issues

Hi all, This is an FYI on Vanguard infrastructure for the community and I am also looking to see if others have similar incidents to better gauge my comfort level with Vanguard. Last week my reinvestment options on all my taxable funds (dividends and capital gains) were reset from "send to my ...
by Hayden
Thu Jul 06, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 3004

Re: Do you keep a balance in your settlement fund?

I had it set up so that my dividends were automatically deposited to my credit union account. This kept my settlement account at 0. I just noticed that this month, that stopped working and the dividends were deposited to my settlement account. I guess I need to call Vanguard and find out why. Sigh. ...
by Hayden
Wed Jul 05, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: "What I Learned From My 'Faux-tirement'"
Replies: 33
Views: 6892

Re: "What I Learned From My 'Faux-tirement'"

I am 90% retired (I work very little), but I would prefer to be 50% retired. I think about starting another business, but then I remember that my current business required constant work during the startup years. I no longer have the stamina that I once did. Right now I'm looking for a way to do some...
by Hayden
Fri Jun 23, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Personal training and massage expenses
Replies: 14
Views: 1318

Re: Personal training and massage expenses

jebmke wrote:
Hayden wrote: Can my company pay these expenses (because they help me to continue to work effectively)? I am the only employee of my company.

What does the boss say?
.


I am the owner. It is an S Corp with one employee (me).
by Hayden
Fri Jun 23, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Personal training and massage expenses
Replies: 14
Views: 1318

Personal training and massage expenses

To maintain my health, I pay for personal training sessions, health club membership, and massages. Can my company pay these expenses (because they help me to continue to work effectively)? I am the only employee of my company.

If not, can these expenses be reimbursed from my HSA?
by Hayden
Wed Jun 21, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 4548

Re: Google Fi? pros/cons? anyone using it?

I've been thinking about switching and buying the Pixel phone. Is anyone aware of any trade-in deals or other deals available on the Pixel? I have a perfectly good Note 4 phone ; I'm looking for some kind of deal to make the switch.
by Hayden
Fri Jun 16, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Best Cheap Champagne
Replies: 60
Views: 4275

Re: Best Cheap Champagne

knight rider wrote:Costco has a Kirkland prosecco for $6.99 that's very drinkable. We prefer it over Freixenet.


+1
This is my favorite
by Hayden
Mon May 29, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 16733

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

Is there advice on how to reduce sequence of return risk for someone who is already early retired and has already paid off the mortgage? This does seem situation specific. Is there some tool that would allow one to look at this for their own particular circumstances? You misread the blog post if yo...
by Hayden
Mon May 29, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 16733

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

Is there advice on how to reduce sequence of return risk for someone who is already early retired and has already paid off the mortgage?

This does seem situation specific. Is there some tool that would allow one to look at this for their own particular circumstances?
by Hayden
Tue May 23, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Well-made quality handbags
Replies: 32
Views: 3442

Re: Well-made quality handbags

Baggallini. A huge number of shapes and sizes to choose from. And they can be thrown in the washing machine. Hold up great.
by Hayden
Mon May 22, 2017 10:58 am
Forum: Personal Consumer Issues
Topic: What to do with phone when changing carriers
Replies: 8
Views: 851

Re: What to do with phone when changing carriers

Thanks for the suggestions. I'll check out Gazelle. I tried Craigslist in the past and got nowhere. I'm looking for an easier solution than Craigslist. We travel internationally extensively and we love the fact that our T Mobile phones work everywhere (they even worked in Cuba!). So we want to stick...
by Hayden
Mon May 22, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: What to do with phone when changing carriers
Replies: 8
Views: 851

What to do with phone when changing carriers

We are thinking about switching from T Mobile to Google Fi and Pixel. We estimate we will go from $166/month to $120/month. Those figures include the cost of 2 phones. We currently owe $200 for our two Samsung Note 4 phones. The phones are great, in new condition. Looking for suggestions of what to ...
by Hayden
Mon May 22, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: What are your priorities for retirement?
Replies: 56
Views: 5814

Re: What are your priorities for retirement?

Mine are: Maintain health. Live in a place where I can walk to things that I enjoy. Travel extensively. Learn something new, like a language or how to play an instrument. Find a way to contribute to the betterment of my community. +1 This describes me. I was learning Spanish. Now I'm learning to cr...
by Hayden
Sat May 20, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3772

Re: Should I sell my business?

I had a very profitable business in an area I didn't love. I read somewhere the question, are you good or are you lucky? Well, I couldn't be sure I hadn't just been lucky, i.e., I wasn't sure I could replicate the numbers with a new business. What I did:. I bought a vacation home in an area I enjoy,...
by Hayden
Sat May 13, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 5722

Re: Tipping at All Inclusive Resort?

We've been to many all inclusives and we tip. However many people do not.
Our most recent experience was at an AI in Cuba. In that case, the tour guide suggested a tip the equivalent of $1 when the waiter brings a drink.