Search found 281 matches

by bogleviewer
Tue May 03, 2016 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Valuable Stock to Charity
Replies: 5
Views: 255

Re: Gifting Valuable Stock to Charity

Blast, seems as though as long as it is short term then the most you can deduct is your basis in the stock. So in this case, if I donated it as it (as a short term gain which would be to my ordinary income tax rate) then I would only get $10,000 deduction instead of the $20,000 even though it has a ...
by bogleviewer
Tue May 03, 2016 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Valuable Stock to Charity
Replies: 5
Views: 255

Gifting Valuable Stock to Charity

I am all index, except for one little stock of which it has doubled in value in the past few months. I don't want to hold it for longer than a year and I don't want to pay 50% income tax on it so I figured I could probably gift it to charity, not claim the income but then get dollar for dollar chari...
by bogleviewer
Tue May 03, 2016 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: What Rate for Excellent Mortgage Lock
Replies: 7
Views: 439

Re: What Rate for Excellent Mortgage Lock

You can still get PenFEd 30 year at 3.375 with 1.375 points and about every other week they drop it to 3.25% for a couple of days. You might number crunch that one. My rate sheet for my lock has 3.25% costing less than 1.00 point. So total discount fees is roughly $4500. So what I already have lock...
by bogleviewer
Tue May 03, 2016 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: What Rate for Excellent Mortgage Lock
Replies: 7
Views: 439

What Rate for Excellent Mortgage Lock

Fellow Boglehead's, I am purchasing a home. The total loan costs EXCLUDING the credit/discount for the rate is $2,500 which includes all title work, appraisal, recording fees, etc. I am locked on a conventional non-jumbo conforming loan ($417,000) with no mortgage insurance. Below are the options I ...
by bogleviewer
Thu Apr 14, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Air conditioning tech during inspection period
Replies: 6
Views: 807

Air conditioning tech during inspection period

Buying a house that has 3 air conditioner units. Just spent $650 on an inspection that was very helpful. He documented that each air conditioner did what it should in terms of cooling, one heat pump didn't seem to work and that was about it. He doesn't do anything else. I was thinking about getting ...
by bogleviewer
Mon Apr 04, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Office Phone Cord always bunched up
Replies: 13
Views: 893

Office Phone Cord always bunched up

The stuff you ask on Bogleheads Forum! My office phone handset cord is ALWAYS bunched up. It is like 6 feet long and I have stood on my chair, holding it from the center, and let the handset do circles and circles and circles to unwind. Then it is a nice cord that doesn't bunch up....... for about 2...
by bogleviewer
Sun Apr 03, 2016 11:12 am
Forum: Personal Consumer Issues
Topic: Custom House Cost
Replies: 22
Views: 2539

Re: Custom House Cost

Cost, not how much a builder will charge. A custom home builder certainly needs to have a healthy margin which I would imagine is anywhere between 10 to 30 percent. I find it funny that specifying Wolfe or sub zero appliances somehow equates to a signicantly higher cost per sq when those items are o...
by bogleviewer
Sat Apr 02, 2016 6:32 pm
Forum: Personal Consumer Issues
Topic: Custom House Cost
Replies: 22
Views: 2539

Custom House Cost

I'm not looking for answers of "go talk to an architect/builder". I'm looking for extremely preliminary information on GENERAL custom home building costs. I'm looking for building costs, not total cost (including the lot). I've had this discussion with a few friends (only one of which has ...
by bogleviewer
Sat Apr 02, 2016 9:39 am
Forum: Investing - Theory, News & General
Topic: Dissapointed in Penfed: will nickle and dime you
Replies: 7
Views: 1380

Re: Dissapointed in Penfed: will nickle and dime you

You are not entitled to interest on the day that they paid you. You are however entitled to interest on the day you paid them.

If a few bucks is enough for you to not patronize them then I am sure there are plenty of others that will gladly take your business.
by bogleviewer
Wed Mar 30, 2016 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: finding a competent CPA
Replies: 4
Views: 505

Re: finding a competent CPA

Good luck. I've been through three CPA's in the last 10 years. Without fail, every year, on the "final return" for me to review I find amateur mistakes. The worst, by far, was a "DC first time home buyer credit" back in like 2008/2009 when I didn't live in DC and had the first ti...
by bogleviewer
Wed Mar 30, 2016 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate License for your own personal RE
Replies: 15
Views: 1396

Re: Real Estate License for your own personal RE

I see that it is very state specific. In terms of the seller paying commissions: yes, this is true, but if I represent myself as an agent then I get the buyer's agent commission. I believe there are firms where the broker won't take a large percentage but rather a flat fee such as $1000 or $500 or s...
by bogleviewer
Tue Mar 29, 2016 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate License for your own personal RE
Replies: 15
Views: 1396

Re: Real Estate License for your own personal RE

You don't need an agent to buy or sell a house and if you are buying from someone who has an agent that person will get commission from the seller regardless. Presumably that is priced into the house so you can't really get away from that part. If I am the real estate agent, then I get the commissi...
by bogleviewer
Tue Mar 29, 2016 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate License for your own personal RE
Replies: 15
Views: 1396

Real Estate License for your own personal RE

At first glance, it seems as though if you have a pulse you can get a real estate license. A little education, a test, and boom you have the license. Have any of you secured your real estate license for your own personal real estate (RE) purchases and sells? If I look to purchase a $1,000,000 proper...
by bogleviewer
Sun Mar 06, 2016 7:14 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 8853

Bread - The Cost and Convenience

I am always amazed at how expensive quality bread is at the grocery store. A good quality loaf is $5. The only way I can reconcile that this is justifiable by the breadmakers/grocers is that people pay it. I know my family does. What is in bread? Water, flour, yeast, salt and a some seeds? Is bread ...
by bogleviewer
Sun Mar 06, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Pregnancy as an exclusion with insurance.... doh!
Replies: 11
Views: 1329

Pregnancy as an exclusion with insurance.... doh!

My wife is pregnant (yay!) and is about 16 weeks along or so. We went to an OB appointment with an ultrasound about a month ago and all was looking good. We are on a high deductible HSA plan that pays 100% after the in-network deductible is met that was my individual policy from 2012. I started brus...
by bogleviewer
Sun Jan 24, 2016 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Properly Assessing Public Schools
Replies: 55
Views: 3414

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: 1010

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: 1010

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: 791

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: 791

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: 791

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: 791

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: 791

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: 1194

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: 1194

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: 1194

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: 461

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: 461

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: 1977

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: 741

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: 741

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: 1004

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: 372

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: 1194

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: 1194

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: 804

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: 804

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: 1058

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: 1058

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: 376

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: 1222

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: 2931

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: 855

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: 366

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: 366

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: 366

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: 366

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: 333

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: 333

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: 634

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...

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