Search found 68 matches

by Poster
Thu Apr 20, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes
Replies: 19
Views: 1648

Re: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) t

Incredible support once again on this friendliest of forums! I think I have been empowered enough to get her Roth going (albeit smaller than I'd hoped). RE: your child as your own household employee: So, agreed, this wouldn't apply for my situation, but this is fascinating....it makes me wonder unde...
by Poster
Tue Apr 18, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes
Replies: 19
Views: 1648

Re: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) t

Pure gold, agnielson! Thanks. I think I can get this started. I think I understand most of what you're getting at with Pub 926, except for one thing - I understood it as, if she's a student (she is), then household employee can't also be her "principle occupation". But, I read this as...&q...
by Poster
Mon Apr 17, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes
Replies: 19
Views: 1648

Re: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) t

Thanks again for the input everyone! Spirit Rider : Payroll service...you really do need professional help. ...I was thinking I could learn how to do payroll for one person. I did successfully complete 24 years of schoolin'. If not, it looks like Zenefits does payroll for ~$8/month. I still don't se...
by Poster
Sun Apr 16, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes
Replies: 19
Views: 1648

Re: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) t

Thanks for the help. As I've never had a reason to issue a W2 (or 1099) I'm not familiar with how I'd do that. Why would I need a "single member LLC"? Can't my sole proprietorship issue a W2? I guess I'd need to get the timesheets organized, get an EIN, issue W2, W4, 941, and 940 (even tho...
by Poster
Sun Apr 16, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes
Replies: 19
Views: 1648

HELP!!!--Custodial Roth; hiring child to work on rental property (sole proprietor; individually owned; Schedule E) taxes

I've read several posts that are under this general topic (like here: https://www.bogleheads.org/forum/viewtopic.php?t=210180 ) and researched this for hours elsewhere, but I'm still stuck...seems none of the other posts really combine these issues. At this point I think if anyone can help me naviga...
by Poster
Fri Feb 12, 2016 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is all that "rebalancing band trigger" stuff really any better than this?
Replies: 19
Views: 1649

Re: Is all that "rebalancing band trigger" stuff really any better than this?

Great comments - thanks so much for all the great minds!
I have to admit, part of the reason we said the hell with bond allocations altogether was the mind-melt caused trying to figure out how to rebalance when we all know the best place for bond funds is in 401k/IRAs.
by Poster
Fri Feb 12, 2016 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is all that "rebalancing band trigger" stuff really any better than this?
Replies: 19
Views: 1649

Re: Is all that "rebalancing band trigger" stuff really any better than this?

Thanks so much for all the comments...lightbulbs finally lighting up for me! That all makes perfect sense - I have noticed how the larger balances make it tougher to nudge the balance (a good problem to have I guess!). And good point that in retirement, you have the gradual spend-down happening...I ...
by Poster
Fri Feb 12, 2016 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is all that "rebalancing band trigger" stuff really any better than this?
Replies: 19
Views: 1649

Re: Is all that "rebalancing band trigger" stuff really any better than this?

Thanks, livesoft.
I can´t rebalance equities/bonds, but I thought readjusting one´s asset allocation towards the goal (even if goal is all equities), is also considered rebalancing.
by Poster
Fri Feb 12, 2016 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Is all that "rebalancing band trigger" stuff really any better than this?
Replies: 19
Views: 1649

Is all that "rebalancing band trigger" stuff really any better than this?

I find it hard to wrap my mind around the rebalancing, as we've always been in an accumulation phase, adding some $60k/yr to retirement investments. If VTSAX is down more than other things, I plow more money into it for a while rather than other holdings. I just keep in mind the overall long-term go...
by Poster
Wed Mar 26, 2014 4:51 am
Forum: Personal Consumer Issues
Topic: best value for EV/PEV CA carpool eligible vehicles
Replies: 13
Views: 2488

Re: best value for EV/PEV CA carpool eligible vehicles

I was looking at some EV info and it appeared they were saying the Mitsubishi miev would be sold for around $23k in 2014. After Fed rebate of $7500 and doesn't CA add $2500 state incentive(?), that's only like $13k out the door! Is this true? No question though, reviews consistently describe the mie...
by Poster
Wed Jan 15, 2014 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 5: update
Replies: 0
Views: 523

Saver V Spender 5: update

Hello to all my fans. Happy New Year everyone. Well, it has been a very busy couple of years and a lot has happened. I recently re-read some of your replies to my posts and they were still very helpful even today. I also had some pretty good laughs (even re-reading some of the heckles cracked me up)...
by Poster
Fri Mar 16, 2012 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: docs (physicians): questions about your CME
Replies: 18
Views: 4603

Re: docs (physicians): questions about your CME

The clinic group I work for cut back a lot and would only consider fairly local cme we could drive to. I suggested a used dvd board review course from ebay that I bought for about 1/3 original price (a year old). I was also able to get a 2nd board review course on audio for about $80 more and sray w...
by Poster
Wed Feb 22, 2012 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

UPDATE: Well, we're getting close to closing on our McMansion now, and my in-laws have been around to look with us. In discussing how the cost of what she likes is a good $200k beyond my comfort zone with them, I got some insight into her parents' thinking. Basically they're saying my wife is all se...
by Poster
Wed Feb 22, 2012 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

Hope to retire in 20, maybe 25 years.
Thank you all very much for the extra help.
Any advice about that goal of $3M to forego LTC insurance? Do others agree with that number?
by Poster
Wed Feb 22, 2012 1:43 am
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

OK, so comparing englishgirl & MossySF's estimates, we have a spread of over $2.5M. Perhaps because Mossy apears to be more fully considering inflation. ================= ENGLISHGIRL: For retirement, I will conservatively estimate that you will have $5k pension + $2.5k social security coming in....
by Poster
Mon Feb 20, 2012 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

Wow, 37 posts and only Wizard, Christine, mossySF, and englishgirl made any attempt to answer my question. ...BTW, do you all still think the $2M minimum goal is too low realizing I'll have a decent pension? Instead all the hecklers pile on about how I'm giving too much information. Many of the prio...
by Poster
Sat Feb 18, 2012 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

"if his family "needs" help in the future it would open a bunch of different cans of worms. Meanwhile she's probably thinking that if her family were to "need" help, it would probably be b/c of a legit crisis." That sounds about right, dale. For once (and only once) yo...
by Poster
Sat Feb 18, 2012 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Re: Spender V Saver 4: What's "Our Number"?

Last few years we've just barely qualified for Roth or just have to do the backdoor Roth. I will see my in-laws soon and I will try to get a sense of what retirement savings goals they would wish for us. Perhaps I will also learn more about how much they expect to pass on to my wife. My desire to ha...
by Poster
Fri Feb 17, 2012 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6229

Spender V Saver 4: What's "Our Number"?

To minimize the hot air, I ask that the hecklers restrain themselves this time. After carefully reading through all the suggestions in my prior posts, I think I've come a long way. My wife & I have (for now at least) successfully compromised on a budget. We've thought about our priorities. She ...
by Poster
Mon Feb 13, 2012 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Be real, jaxx, you & mtpfan are like Statler & Waldorf from the Muppets. I think it's clear that I do invite and seriously consider criticism, but you gotta admit you could be much more civil about it. You seem to enjoy being rude and putting me down. HECKLE (from Miriam-Webster): to harass ...
by Poster
Mon Feb 06, 2012 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home: Was it a Good or Bad Decision for You? [Poll]
Replies: 19
Views: 1781

Re: Buying a Home: Was it a Good or Bad Decision for You? [P

We bought at the peak in late 2005 for $310k, appraised last year at $200k, but I still think it was a good decision because we've enjoyed the house and owning gives you more freedom (pets, cooking out, etc). Also, renting anything of similar size would've cost a good $120k+ over the past 7 years. P...
by Poster
Mon Feb 06, 2012 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Do You Save?
Replies: 57
Views: 5427

Re: How Much Do You Save?

Looks like it was about 70% when I made $245k gross, but this year looks like it will go down to around 40-50% (of $200k gross) thanks to cutting out moonlighting and a bunch of bogleheads recently convincing me I need to chill out and let the Mrs. blow more dough (Saver V Spender posts). It appears...
by Poster
Thu Jan 26, 2012 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Thanks again everyone. I want to let everyone know how much you've helped us already. I can tell already that my wife is happier with me (and the budget). jtundra has focused in on a key issue and spawned a whole new wave of questions in my mind which I will try to digest and organize into a whole n...
by Poster
Thu Jan 26, 2012 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

WOW jtundra! That was actually really helpful. I'll look at that some more. Refreshing! Thanks!
by Poster
Thu Jan 26, 2012 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

"Dieharder" -- an appropriate name for the one still reading this post It's net, not gross. We also have a couple of rentals, which we estimate just about exactly pay themselves off with a $20k/yr budget for vacancies, repairs, etc on those. So all the rental expenses usually end up being ...
by Poster
Thu Jan 26, 2012 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Me too, dale. We'd be like the odd couple hanging out together.
Wiz, glad to see I've annoyed yet another bh -- hopefully you'll also be amused like some of my other hecklers.
by Poster
Thu Jan 26, 2012 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Yeah, but we could do that right here by moving locally. We're moving out of state.
by Poster
Thu Jan 26, 2012 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Dale, what is this? A senior thesis on the phrase "screwed me over"? You kill me! Here's what you've taught us so far about this ubiquitous American slang phrase: "highly derogative language"; Shows that "Clearly there's still serious resentment"; "it implies an on...
by Poster
Thu Jan 26, 2012 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Thanks, jenny & Igglesman. Seriously, though... You guys like jaxx & daler, seem a little over-sensitive to the phrase "screwed me over". I consider that pretty PG-13. You make it sound like you come from a pretty sheltered background. I mean, you hear stuff like that on Nickleodea...
by Poster
Thu Jan 26, 2012 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Screw this!
You guys are right.
Stay tuned next month for Saver V Spender 4: Divorce Court
by Poster
Wed Jan 25, 2012 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

You guys seem to be overlooking the fact that even the most recent episode was over 5 years ago. I hadn't seen much of either relative in years prior to my helping them, so I simply thought they'd matured enough to finaly get their act together and i was just jump-starting that process. I was pretty...
by Poster
Wed Jan 25, 2012 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Well all right, then -- show a little appreciation.
by Poster
Wed Jan 25, 2012 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Before I explain myself here, I'd like to reiterate that I learned from the mistakes and have matured a lot since then, and have showed her repeatedly with my actions that I put her first now. And I already trust her. I feel like I know her a lot better now. "Have you begged her for mercy...?&q...
by Poster
Tue Jan 24, 2012 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Well, 0.01% of the U.S. still leaves some 300,000 Americans -- some of them apparently on this forum. Plus billions of people abroad who are much less fortunate than spoiled Americans, wouldn't you say?
by Poster
Tue Jan 24, 2012 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

TRUST ISSUES: Many of you have urged me to focus in on the trust issues. Anytime I ask about her trust issues she cites some fights we had in the early years of our marriage. I'll give a history. As I mentioned before, as we were talking about getting engaged, I had obviously already noticed her lav...
by Poster
Tue Jan 24, 2012 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

OK, I'm posting again, so fair warning to mtpfan & TA_Lurker & Wolkenspiel & jaxxmjd -- LOOK AWAY! I did want to apologize to you 3 though -- honestly I did not get the memo that all posts must first meet your editorial approval before submission. Admittedly my 1st question regarding inp...
by Poster
Sat Jan 21, 2012 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Geez, thanks for the help, guys.
by Poster
Sat Jan 21, 2012 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Hey, mptfan,
If you don't like his posts, then simply don't read them.

This.
Don't like it, don't click it.
by Poster
Sat Jan 21, 2012 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Great, more marital nihilsm.
by Poster
Sat Jan 21, 2012 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Thank you all. ***livesoft, I agree that if she had a part-time income that would make a world of difference. ***chipperd, I agree that her mystery income and inheritance expectations should be on the table. Somehow I think the "1/2 & 1/2" savings plan may help her to eventually open u...
by Poster
Sat Jan 21, 2012 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 9756

Saver V Spender 3: Fine-tuning & Negotiations.

My prior posts about the tug-o-war between my wife (spender) & I (saver) are at: http://www.bogleheads.org/forum/viewtopic.php?f=2&t=88097 http://www.bogleheads.org/forum/viewtopic.php?f=2&t=88550 Short version, she's a SAHM and I make about $13,300/m, both about 40, 2 kids. We max our R...
by Poster
Sun Jan 15, 2012 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

* * * indian86 "Of course you have a "right to it"" ...we finally started the budget talks -- she stated she does not want to consider the inheritance at all in the calculation! (probably the best plan). She seems to be supportive of saving ~$5-6k/m even if that I have to moonlig...
by Poster
Fri Jan 13, 2012 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

doing her own nails and doing her own hair ...she doesn't. I just meant the "primping" to me adds nothing -- why fix it if it aint broke? Shoes & handbags also don't add to it...now that I think about it, I could pass on her wearing clothes, too. look at how lucky you are ...you know ...
by Poster
Fri Jan 13, 2012 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

If you can't break this cycle somehow, you'll be locked into always feeling like its a negotiation. ...Your assumptions are pretty close...any suggestions on how to break the cycle? the balance between the temptation to keep up with the Joneses and our desire to save ...I suppose the problem is tha...
by Poster
Wed Jan 11, 2012 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Am I setting up my budget right?
Replies: 20
Views: 1928

Re: Am I setting up my budget right?

I think that's a great start, "City", I'm pretty new on the forum but I've already got a rep here as a pretty tight "Budgetor" , so I'll weigh in: Some things are tough to parse down into separate little categories, so group them (such as your $1k for spending money). But I think...
by Poster
Wed Jan 11, 2012 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

Not unlike dalerobk's "heiress" post a few months ago, she has voiced concerns about people being after her money. I'm obviously not one of those people, but I figure the less I ask about it the more she trusts me on that one.
by Poster
Wed Jan 11, 2012 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

whether or not expecting an inheritance windfall is a valid investing technique? ...That was not my question. I'm saying that I feel it is my duty to save (a lot) for the family. My wife believes the saving goal should be minimal and cites her inheritance as the reason -- I think that's horse-hocke...
by Poster
Wed Jan 11, 2012 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Saver v Spender 2--mention the (unmentionable) inheritance?
Replies: 51
Views: 5955

Re: Saver v Spender 2--mention the (unmentionable) inheritan

BTW, a significant part of the inheritance is likely to come her way in <5y due to some serious health problems of the breadwinning parent.