Search found 266 matches

by bogleviewer
Sun Jan 24, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3062

Properly Assessing Public Schools

A little past time that I enjoy is scoping around real estate using Zillow or the like. I don't have any kids in school yet, but one day I will and I want to make sure that the schools that my children attend are great schools. Funny thing is that Zillow pulls information from "greatschools.org...
by bogleviewer
Sun Jan 24, 2016 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Decipher real estate series of event
Replies: 6
Views: 961

Re: Decipher real estate series of event

The bank that received it will be listed as the new property owner and that should be a public record. There is no harm in approaching them with your interest although it may be tough to get ahold of someone who can give you solid information. There is often confusion until the loan manager meets w...
by bogleviewer
Thu Jan 21, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Decipher real estate series of event
Replies: 6
Views: 961

Decipher real estate series of event

There is a property in Arizona that I have been eyeing. It has been on the chopping block for public auction 3 times in the past 12 months with it being postponed the first two times a day or two before the auction was scheduled. This third go around it went to auction. The auction is the classic Ma...
by bogleviewer
Tue Jan 12, 2016 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth - Contribution Year Designation
Replies: 11
Views: 732

Re: Backdoor Roth - Contribution Year Designation

I do have a follow up question. I don't see a question. ohhh yes.. my question. Do you take donations? :) I just did my 2015 form 8606 myself after reading each line and following some of the instructions in the instructions sheet for wasn't super clear to me...... I came up with the exact same fig...
by bogleviewer
Tue Jan 12, 2016 1:51 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth - Contribution Year Designation
Replies: 11
Views: 732

Re: Backdoor Roth - Contribution Year Designation

Now the issue is getting it all back on track or if I HAVE TO continue doing what i've done (contribute before April 15th for the previous tax year and convert after April 15th which will show up in the current tax year). I can easily (cashflow wise) contribute the money for 2016's as well right no...
by bogleviewer
Mon Jan 11, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth - Contribution Year Designation
Replies: 11
Views: 732

Re: Backdoor Roth - Contribution Year Designation

If you're going to use the backdoor into Roth IRA, it is cleaner to make the contribution in the calendar year and convert in the same calendar year. E.g. for tax year 2015, contribute to IRA for 2015 in calendar 2015 and also convert in calendar 2015. If you wait until 2016 to contribute for 2015 ...
by bogleviewer
Mon Jan 11, 2016 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth - Contribution Year Designation
Replies: 11
Views: 732

Re: Backdoor Roth - Contribution Year Designation

Today I received a 1099-R for tax year 2015. Reflects $5500.04 gross distribution (BOX 1) Reflects $5500.04 taxable amount (BOX 2a) Distribution Code: 02 Box 2 code description on the 2nd page: "Early distribution, exception applies (under age 59 1/2). Box 1 informational says "This amount...
by bogleviewer
Mon Jan 11, 2016 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth - Contribution Year Designation
Replies: 11
Views: 732

Backdoor Roth - Contribution Year Designation

I have a scenario and would like some feedback. For the 2014 tax year I contributed to a non-deductible traditional IRA and then converted it over to a Roth (into a pre-existing Roth account) as Vanguard. I went to contribute to my 2015 tax year and Vanguard is showing that I have already contribute...
by bogleviewer
Mon Dec 28, 2015 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Business: tax basis and distributions
Replies: 13
Views: 1053

Re: Business: tax basis and distributions

So basically even if individual A took out (distribution) $40,000 and individual B took out (distribution) $30,000, just because they are unequal does not mean that there are different classes of stock, only that their LLC agreement stated that inividual A can take out more up to his initial contrib...
by bogleviewer
Fri Dec 25, 2015 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Business: tax basis and distributions
Replies: 13
Views: 1053

Re: Business: tax basis and distributions

How could any business distribute more than what the stock basis is to a share holder (with the assumption that the business doesn't have any outside investors/loans/debt)? You mentioned anything distributed BEYOND the stock basis would become a capital gain for that partner, but how would that hap...
by bogleviewer
Mon Dec 21, 2015 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Business: tax basis and distributions
Replies: 13
Views: 1053

Re: Business: tax basis and distributions

Their initial contribution would be known as stock basis (they purchased shares of a corporation (and yes i know it's an LLC but it would be the equivalent of their stock basis)). Any income that is reported on their K-1 is an increase to their stock basis. Their PRORATA distributions would be a de...
by bogleviewer
Thu Dec 03, 2015 11:33 pm
Forum: Personal Consumer Issues
Topic: Trademark Costs - attorney vs no attorney
Replies: 4
Views: 391

Re: Trademark Costs - attorney vs no attorney

Any other comments?
by bogleviewer
Wed Dec 02, 2015 1:16 pm
Forum: Personal Consumer Issues
Topic: Trademark Costs - attorney vs no attorney
Replies: 4
Views: 391

Trademark Costs - attorney vs no attorney

For those of you that have filed for a trademark, how much did it cost? What was the breakdown from attorney fees versus application fees, etc? Did you use an attorney or do it yourself? This stems from being told it would cost around $1800 after all said and done for trademarking a company name. Th...
by bogleviewer
Sun Nov 29, 2015 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Per Diem for Food - Is it income?
Replies: 10
Views: 1877

Per Diem for Food - Is it income?

Is the per diem money received considered reportable income? Let's say that you were out of town on assignment for work for 35 days. Your employer is paying for the housing and flight directly and is offering to give you a per diem for food of $25 a day. You would get a check from your employer for ...
by bogleviewer
Thu Nov 26, 2015 6:48 pm
Forum: Personal Consumer Issues
Topic: Secure Public Internet - VPN Traffic
Replies: 4
Views: 627

Re: Secure Public Internet - VPN Traffic

When you connect using the Global VPN Client, what happens if you use your browser on the laptop directly without the remote desktop? Where does the browser traffic go? Does it go to the website directly or does it tunnel through your home Sonicwall VPN router? When I google "what is my ip&quo...
by bogleviewer
Thu Nov 26, 2015 3:54 pm
Forum: Personal Consumer Issues
Topic: Secure Public Internet - VPN Traffic
Replies: 4
Views: 627

Secure Public Internet - VPN Traffic

I have a Sonicwall VPN router at my home that when I am away I can use their Global VPN Client to connect into to remote access my home desktop computer and other network devices. This has worked very well as I simply use Windows Remote Desktop Connection and then use the home computer and network r...
by bogleviewer
Thu Nov 26, 2015 2:26 pm
Forum: Personal Consumer Issues
Topic: Block of spam phone numbers
Replies: 8
Views: 922

Block of spam phone numbers

I have a google voice account and I get a call about once a month that is a robo dialer. Every time I go into my google voice portal and block it after it is received (and subsequently report it on the Do Not Call website). I went through and noticed that all of the phone numbers have the same area ...
by bogleviewer
Mon Nov 23, 2015 7:24 pm
Forum: Personal Consumer Issues
Topic: Travel or Renters insurance?
Replies: 2
Views: 339

Travel or Renters insurance?

I'm going to be spending 3 or 4 months in Hawaii and will be staying at places for a minimum of 30 days. I've never rented or done anything like this and figure that there is appropriate insurance to protect me and the places I stay. I'll be staying in a mix of condos and town homes. None will be le...
by bogleviewer
Tue Nov 17, 2015 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Business: tax basis and distributions
Replies: 13
Views: 1053

Re: Business: tax basis and distributions

I have an LLC taxed as an S Corp, and my accountant told me that distributions MUST be done proportionate to ownership share. So if the ownership is 50/50, then distributions to the two owners must be the same. My CPA said there was no way around this. How did you do it? Are distributions of the ow...
by bogleviewer
Tue Nov 17, 2015 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Business: tax basis and distributions
Replies: 13
Views: 1053

Business: tax basis and distributions

I am fairly certain I know the answers to this but figured I would post about it here to confirm my suspicion. :) There are two partners, split 50/50 named BOB and SUE. The business is an LLC taxed as an s-corp filing an 1120S each year. 1. BOB contributions $10,000 to get the business started (Sue ...
by bogleviewer
Tue Nov 10, 2015 8:43 pm
Forum: Personal Consumer Issues
Topic: Rental Car (30+ days) on Oahu
Replies: 10
Views: 736

Re: Rental Car (30+ days) on Oahu

A friend of mine bought a cheap used car. He used it for two weeks then walked away from it when he was done. Just left it there. I would have to look into registration or temp tags or something. Have you tried Costco Travel? They are showing $1800 for 2 months. That is $30 a day. I swear that is t...
by bogleviewer
Tue Nov 10, 2015 6:11 pm
Forum: Personal Consumer Issues
Topic: Rental Car (30+ days) on Oahu
Replies: 10
Views: 736

Rental Car (30+ days) on Oahu

Anyone have any deal insight into getting a rental car on Oahu for over 30 days? :)

I would imagine the airport would be the worst place to try to achieve a good deal.
by bogleviewer
Wed Nov 04, 2015 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fender Bender insurance annoyance
Replies: 9
Views: 941

Re: Fender Bender insurance annoyance

I suspect that if you cash the check, you are agreeing that that is for the total damage. Why is your own insurance company not running interference for you? We notified them, gave them a statement, etc at the beginning. Is it customary for the two insurance companies to be going back and forth and...
by bogleviewer
Wed Nov 04, 2015 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fender Bender insurance annoyance
Replies: 9
Views: 941

Fender Bender insurance annoyance

My wife got rear ended by someone 100% at fault, and admitted fault with police there. You may have seen my other thread about my idea of just contacting the other driver to see if they want to pay direct without insurance but we opt to just contact his insurance company. The driver's insurance comp...
by bogleviewer
Wed Oct 28, 2015 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT Wyoming for entity creation?
Replies: 1
Views: 341

Why NOT Wyoming for entity creation?

Why NOT choose Wyoming for a small business entity structure (1 to 5 partners)? From the looks of it creating a corporation or limited liability company domiciled in Wyoming looks to be a great option for a business that conducts business all across America. Low state fees, limited reporting and no ...
by bogleviewer
Wed Oct 14, 2015 4:08 pm
Forum: Personal Consumer Issues
Topic: Fender Bender - Pursue at-fault's insurance or direct?
Replies: 17
Views: 1148

Fender Bender - Pursue at-fault's insurance or direct?

The wife got in a fender bender. She was not at fault, someone rear ended her and she did not bump the car in front of her. Police arrived, filed a report, the other party admitted fault. We have notified our insurance while it was all fresh in the brain and took pictures, etc. We have the other par...
by bogleviewer
Wed Oct 07, 2015 1:45 pm
Forum: Personal Consumer Issues
Topic: Reading Out Loud Issues
Replies: 29
Views: 2808

Reading Out Loud Issues

I have a relative that struggles reading out loud; she is in her mid 20's and has a graduate degree. She has a baby that she reads books to and I listened in from outside of a room and it sounded like someone that is 2 or 3 years into learning to read. Instead of spitting out a sentence with proper ...
by bogleviewer
Wed Sep 30, 2015 10:28 am
Forum: Personal Consumer Issues
Topic: Home Made Root Beer Recipe
Replies: 9
Views: 802

Home Made Root Beer Recipe

Fall is among us with ghosts and ghouls nearing........ there is nothing quite like this time of year with some home made root beer in the hand. I've found some recipes online but require some really weird items that I cannot seem to source locally. I've also found some that simply require "roo...
by bogleviewer
Mon Sep 28, 2015 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - Mutual Funds and ETF (Vanguard items)
Replies: 7
Views: 335

Re: TLH - Mutual Funds and ETF (Vanguard items)

Yes, the VTSAX got reinvested divendend this past week but it is only for an extremely small sum compared to the rest of the money I have in VTI. My understanding is that percentage of shaers would create a wash-sale but not awash-sale on the whole VTI So why are you selling your VTSAX? From what y...
by bogleviewer
Mon Sep 28, 2015 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - Mutual Funds and ETF (Vanguard items)
Replies: 7
Views: 335

Re: TLH - Mutual Funds and ETF (Vanguard items)

There is no tax-loss harvesting in a Roth IRA, so I would not sell it there. Your situation may be tricky because of the interaction of IRAs and taxable accounts to create wash sales. If you bought VTSAX within the last 30 days, then you will likely create a wash sale where your loss would be disal...
by bogleviewer
Mon Sep 28, 2015 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - Mutual Funds and ETF (Vanguard items)
Replies: 7
Views: 335

Re: TLH - Mutual Funds and ETF (Vanguard items)

I am going to be tax loss harvesting total stock market. I have some admiral mutual fund of VTSAX as well as some in ETF form of VTI. Since mutual funds sell at end of day NAV price and not during the day, do I have to first sell the mutual fund VTSAX into a settlement account today and then wait u...
by bogleviewer
Mon Sep 28, 2015 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - Mutual Funds and ETF (Vanguard items)
Replies: 7
Views: 335

TLH - Mutual Funds and ETF (Vanguard items)

I am going to be tax loss harvesting total stock market. I have some admiral mutual fund of VTSAX as well as some in ETF form of VTI. Since mutual funds sell at end of day NAV price and not during the day, do I have to first sell the mutual fund VTSAX into a settlement account today and then wait un...
by bogleviewer
Fri Sep 25, 2015 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment on Commercial Loan
Replies: 2
Views: 308

Re: Prepayment on Commercial Loan

I came up with monthly payment differential of 305,662.50........ am I on the right track? :) I get $260,000 computed as follows using the Excel PV function : Nearest Treasury Security matures 11/15/2023 Yield 1.96% [ * ] Monthly yield 0.1633% =1.96% / 12 Loan Rate 6.31% In excess of Treasury yield...
by bogleviewer
Thu Sep 24, 2015 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Prepayment on Commercial Loan
Replies: 2
Views: 308

Prepayment on Commercial Loan

I'm reading into how to calculate a prepayment penalty on a commercial loan note. This seems to be boilerplate as the exact text is found on sec.gov website as an exhibit (in it's archives). Someone familiar with commercial lending may know the answer immediately but other astute Bogleheads could pr...
by bogleviewer
Thu Sep 24, 2015 11:26 am
Forum: Personal Finance (Not Investing)
Topic: TLH, 30 days and timing
Replies: 9
Views: 560

Re: TLH, 30 days and timing

If the dividend is 0.01 share, then the amount harvested cannot be large, can it? How much was the loss harvested? So you can avoid the wash sale by not using the dividend to buy shares in a substantially identical investment, by avoiding getting the dividend. If you create a wash sale with the div...
by bogleviewer
Thu Sep 24, 2015 11:12 am
Forum: Personal Finance (Not Investing)
Topic: TLH, 30 days and timing
Replies: 9
Views: 560

Re: TLH, 30 days and timing

A. Shares purchased with dividends create a partial wash sale. See the IRS instructions on how to add the loss to the basis of the shares that created the wash sale. It is based on number of shares and not dollar amounts. http://www.irs.gov/publications/p550/ch04.html#en_US_2014_publink100010601 It...
by bogleviewer
Thu Sep 24, 2015 10:30 am
Forum: Personal Finance (Not Investing)
Topic: TLH, 30 days and timing
Replies: 9
Views: 560

TLH, 30 days and timing

1. How does one count the 30 days? 2. For ETF/Stocks is it based upon the settlement date or the trade date? 3. Is the first day (date of trade or settlement) considered day 1 or day 0? 4. Are Saturday's, Sunday's and federal holiday's counted? 5. How does one count 8/24 trade date (not settlement d...
by bogleviewer
Mon Sep 14, 2015 1:03 pm
Forum: Personal Consumer Issues
Topic: PSA - Charge your AMEX [Gift/Stored Value] Card ASAP
Replies: 2
Views: 740

PSA - Charge your AMEX [Gift/Stored Value] Card ASAP

Just a friendly little public service announcement to charge your American Express rewards card as soon as possible. You may not know when it expires so go find any that you have and go use them to zero out the balance. Easiest thing to do is go to where you buy groceries and purchase a grocery stor...
by bogleviewer
Fri Sep 04, 2015 6:46 pm
Forum: Investing - Theory, News & General
Topic: Company 401K / Retirement Accounts -- Options?
Replies: 2
Views: 481

Re: Company 401K / Retirement Accounts -- Options?

I just got done reading some stuff about a mega backdoor roth using a 401k.

Any suggestions fellow Boglehead's?
by bogleviewer
Fri Sep 04, 2015 2:46 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

Re: TLH conclusion in my situation

SOLUTION? Is the solution with this whole confusion with taxable and IRA mixing ETF's (taxable) with mutual funds (IRA) simply by holding a non-exact identical mutual fund in the IRA? For example, VTI is the same as VTSAX If VTI is used in taxable and VTSAX is IRA, simply dump the VTSAX and exchange...
by bogleviewer
Wed Sep 02, 2015 5:59 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

Re: TLH conclusion in my situation

No accountants on the board that deal with this with many clients? Also if something is considered a wash sale I would imagine that what is considered a wash sale is based upon a dollar amount and not necessarily the whole transaction. For example, if you have $100,000 worth of VTI and then sell all...
by bogleviewer
Tue Sep 01, 2015 11:30 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

Re: TLH conclusion in my situation

Any night owls interest in chiming in? :)
by bogleviewer
Tue Sep 01, 2015 2:54 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

Re: TLH conclusion in my situation

livesoft- Your reply said "think" and when asking for clarification your head explodes? :) In any event, I don't think that my situation and how I have outlined it is unique. Just looking for some solid advice for people that KNOW for sure, and not think it works one way (as demonstrated a...
by bogleviewer
Tue Sep 01, 2015 2:15 pm
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

Re: TLH conclusion in my situation

I think your VTSAX will create a wash sale if you sell BOTH VTI and VTSAX today. I think you will need to sell VTSAX at least a day or two ahead of selling VTI at a loss to avoid a wash sale from selling VTI. The VTSAX will create a wash sale, but only in the DOLLAR AMOUNT of cost of VTSAX? Would I...
by bogleviewer
Tue Sep 01, 2015 11:52 am
Forum: Investing - Theory, News & General
Topic: TLH conclusion in my situation
Replies: 20
Views: 1351

TLH conclusion in my situation

I've posted in several TLH threads and watched a few videos on Youtube about tax loss harvesting; I've received some advice but want to make sure I outline my situation specifically so that the advice is taking into consideration the entire picture. I had zero shares of anything prior to August 19th...
by bogleviewer
Tue Sep 01, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 238
Views: 20836

Re: TLH for absolute dummies [Tax Loss Harvesting]

Step 1: Ideally, you should not do your first tax loss harvest until at least 30 days have passed since your last purchase into the Initial Fund--that includes automatic payments, or reinvested dividends and capital gain distributions. But for simplicity, and if you aren't willing to wait, TLH anyw...
by bogleviewer
Wed Aug 26, 2015 2:55 pm
Forum: Investing - Theory, News & General
Topic: Company 401K / Retirement Accounts -- Options?
Replies: 2
Views: 481

Company 401K / Retirement Accounts -- Options?

I am a partner in a small business with ~15 employees. The majority of employees are hourly paid employees (paid well for hourly, but still hourly). We do not currently have any retirement options for the partners nor the employees simply due to other priorities and potential complexities with setti...
by bogleviewer
Mon Aug 24, 2015 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - Timing and Alternatives [Tax Loss Harvesting]
Replies: 5
Views: 581

Re: TLH - Timing and Alternatives [Tax Loss Harvesting]

I edited the original post to clarify: To be clear and to make this simplier: Day 0 (Thursday 8/20/2015): 50% in VTI Day 1 (Friday, 8/21/2015): 25% in VTI Day 3 (Monday, 8/24/2015): 25% in VTI The total 100% of VTI that I purchased in the last few trading days is down tens of thousands of dollars. C...
by bogleviewer
Mon Aug 24, 2015 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - Timing and Alternatives [Tax Loss Harvesting]
Replies: 5
Views: 581

Re: TLH - Timing and Alternatives

Are VTI and SCHB too similar? Or is this up for debate? The other concern is that I have bought VTI and VXUS on multiple days the past few days; everything I read said that you cannot buy the same stock 30 days BEFORE and 30 days AFTER the sale. My original lump sum has the largest losses, but if I ...
by bogleviewer
Mon Aug 24, 2015 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - Timing and Alternatives [Tax Loss Harvesting]
Replies: 5
Views: 581

TLH - Timing and Alternatives [Tax Loss Harvesting]

I've had some threads on this but I was 100% cash last week. I have been buying into this market with VTI and VXUS. I did a lump sum on Thursday and split between Friday and today of about equal to the Thursday lump sum. So the longest holding is 2 business days. The account total is down tens of th...

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