Search found 27 matches

by sbh8
Thu Jul 20, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Looking for some input on job offers
Replies: 7
Views: 623

Re: Looking for some input on job offers

What does family friendly at a work place mean? They have been in the press recently for creating extended maternity and paternity leaves. We won't be taking advantage of those benefits, but the fact that they exist, seems to point to the fact that they are interested in being a "family friendly" p...
by sbh8
Thu Jul 20, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: Looking for some input on job offers
Replies: 7
Views: 623

Looking for some input on job offers

Looking for some input on jobs. I have 2 job offers right now and I am really having a hard time making a decision on what to do. I will be taking one of these offers, but I don't know which one. Company A - Used to work there so I know the culture/job processes, really great benefits, mediocre pay,...
by sbh8
Mon Jun 19, 2017 1:23 am
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 8052

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

A family photo session, with the newborn and the whole family. A session with a newborn specialist can run $200-1000+ so it can be a pricey endeavor but I cherish the photos we have, and they are the only ones from the newborn time where our whole family made it into the frame. FYI newborn photo ses...
by sbh8
Tue Apr 04, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Recommendation for a security system
Replies: 4
Views: 533

Recommendation for a security system

Can anyone recommend their security system/company and share what they pay monthly? Did you install the equipment or did they install? Is it owned or leased?

Thanks!
by sbh8
Wed Jan 11, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question on a Jointly Owned Property
Replies: 8
Views: 780

Re: Tax Question on a Jointly Owned Property

I don't know if you're filing taxes correctly or not; however, I would also be asking your tax professional what happens if the other couple doesn't report/file/pay their half? That's an even larger concern in my opinion. That is a good question, I'll consult with our cpa. The instructions to renta...
by sbh8
Mon Jan 09, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question on a Jointly Owned Property
Replies: 8
Views: 780

Tax Question on a Jointly Owned Property

I have a property that is jointly owned by myself, my husband and another married couple. My current accountant has been splitting the income/expenses between us and we have reported the rental income on schedule E. I briefly explained our current arrangement with a new accountant and he mentioned t...
by sbh8
Mon Jan 09, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: Turned 30! Women's advice for skin care??
Replies: 60
Views: 3705

Re: Turned 30! Women's advice for skin care??

I agree that wearing sunscreen and moisturizer every day is the best thing you can do for your skin. I started using Paula's Choice line of products last year and I think my skin has been looking better than it used to. I don't find it too expensive either. Paula's Choice frequently runs promos eith...
by sbh8
Thu Dec 22, 2016 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for Seattle based CPA for taxes
Replies: 9
Views: 690

Re: Recommendation for Seattle based CPA for taxes

Thank you for the recommendations. I will check those out. Given the complexities of my situation, I'm not interested in DIY this year. Yes, it is typical for CPA to charge by the hour; "The time it takes us to do the taxes depends on how complicated they are and how organized you are in provid...
by sbh8
Wed Dec 21, 2016 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for Seattle based CPA for taxes
Replies: 9
Views: 690

Recommendation for Seattle based CPA for taxes

Are there any recommendations for CPAs who are in the Seattle area who can help prepare a tax return? I talked to the receptionist at 1 CPA firm who said they can't quote me a price on a return because they don't know how many hours it will take. Is that typical? I thought that if I was to itemize t...
by sbh8
Mon Jul 11, 2016 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: how/where to cash foreign check
Replies: 10
Views: 798

Re: how/where to cash foreign check

I called Chase, BoA, Wells Fargo and my CU to ask what the fees were and what rate I would receive. At the time of my research 3 or 4 years ago, Chase did not charge any fee and would quote me the USD value I would receive. The other banks were charging fees plus couldn't tell me what I would ultima...
by sbh8
Thu Apr 28, 2016 3:43 pm
Forum: Personal Consumer Issues
Topic: Insurance paid me instead of provider
Replies: 4
Views: 632

Insurance paid me instead of provider

I received a $500 check from my 2015 insurance company to cover a lab test. Apparently it was processed as out of network (even though the lab is listed on the website as in network?!?!). The EOB states that that I owe the difference between the $500 check and the amount billed which is $5000. I got...
by sbh8
Sun Feb 21, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I put my degree on hold to pursue another opportunity?
Replies: 61
Views: 4342

Re: Should I put my degree on hold to pursue another opportunity?

Why do you think they contacted you? Is this a personal connection?
by sbh8
Sat Feb 06, 2016 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Selling makeup on Facebook for extra income?
Replies: 10
Views: 2231

Re: Selling makeup on Facebook for extra income?

The people most successful at MLM are the ones who are great recruiters and have a team of people working under them. I have a few acquaintances who sell and it is strictly for "fun money". They are all stay at home mothers so don't earn any other income. This is a hobby for them rather th...
by sbh8
Fri Feb 05, 2016 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 15668

Re: Clueless college new grad 22 yo, 200k income looking to start saving

I would look at maxing out your 401k + Roth IRA + HSA (mostly straight out of your paycheck) and build up your emergency fund with the leftover monthly cash. After those have been funded, you can start deciding which bucket the next dollar goes into. Wedding? Down payment? Or spend it now? (aka you ...
by sbh8
Wed Nov 25, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: College abroad
Replies: 9
Views: 1604

Re: College abroad

I will not be encouraging my children to enroll full time at a foreign university (though I would support study abroad, if that was something they wanted). I have two main reasons. First, their degree will be unrecognizable in the US and I have found that the name recognition of my alma mater has op...
by sbh8
Wed Sep 23, 2015 3:51 pm
Forum: Personal Consumer Issues
Topic: Talk me out of 4500 purchase [Camera]
Replies: 133
Views: 10807

Re: Talk me out of 4500 purchase

What features does the 5d3 have that a used 7d body cannot provide for your needs? Also, the 50mm 1.2 is *heavy*. Even if it didn't have financial consequence, the lens is no joke. At such a high % of your net worth, you might want to carry insurance on your possessions. Will your renter's/parent's ...
by sbh8
Thu Sep 17, 2015 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: 401K - how much to contribute so employer will max out match
Replies: 11
Views: 1582

Re: 401K - how much to contribute so employer will max out match

You should ask HR if they will continue putting in the match even after you hit the $18k. Mine does, as long as I leave the % contribution above 6%.
by sbh8
Wed Sep 09, 2015 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone ran an in home day care?
Replies: 37
Views: 2995

Re: Has anyone ran an in home day care?

What about starting as a nanny share with another family? She could then "stay home" with your child and watch another child for income. Obviously the income wouldn't be as much as with multiple other kids but it would be way less of an adjustment going from zero children to 3 or 4.
by sbh8
Thu Sep 03, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off recently and would like job search advice.
Replies: 34
Views: 4541

Re: Laid off recently and would like job search advice.

I would consider studying and networking time to be job search time. When I was looking for a new job after taking a sabbatical, it really was my (near) full time job. From M-F ~9-5 I was seeking out positions, doing interview prep and doing phone screens/interviews. Interview prep included working ...
by sbh8
Wed Aug 05, 2015 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 51
Views: 8676

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

My husband's employer uses Etrade for RSUs as well and their documentation is very poor. Fidelity's is much easier to understand. We nearly had the same issue but caught it when we calculated the taxes owed to be much higher than expected. There was 1 form that Etrade generated that showed the share...
by sbh8
Thu Jun 25, 2015 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Umbrella coverage for co-owned rental home
Replies: 0
Views: 539

Umbrella coverage for co-owned rental home

I co-own a rental home with my spouse and 2 friends. I have an existing $1M umbrella policy that covers my spouse and I, but my insurer (State Farm) refuses to underwrite a $2M larger policy that will also cover the rental home. The rental home's hazard policy is with State Farm, and all of our othe...
by sbh8
Tue May 05, 2015 2:46 pm
Forum: Personal Consumer Issues
Topic: Toronto Vacation - Finding a hotel
Replies: 41
Views: 4697

Re: Toronto Vacation - Finding a hotel

I would recommend staying in downtown Toronto and forgoing a car so you don't have to deal with long transit times most days and don't need to worry about parking. You can make the commute to the OSC on one of the days via TTC (transit). The commute will take around 1 hr by taking the subway to Egli...
by sbh8
Wed Apr 22, 2015 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: any experiences negotiating fences with neighbors?
Replies: 27
Views: 5163

Re: any experiences negotiating fences with neighbors?

Our neighbor wanted to replace the entirety of their fence and asked the 4-5 neighbors involved to split the cost proportionally. I thought the first contractor's quote was extremely high and asked if she could try a different one, who came back with a quote of 50% less. The contractor did the measu...
by sbh8
Tue Apr 07, 2015 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Which tax advantaged account to use for side income?
Replies: 11
Views: 1435

Re: Which tax advantaged account to use for side income?

Thanks Duckie, JDDS and Spirit Rider for your expertise. So for 2015, it sounds like I need to do the following to avoid the pro-rata issue: a) contribute non deductible $5500 to my Traditional IRA b) convert $5500 to Roth IRA c) convert $800 from SEP to Roth IRA d) pay taxes on $800 Is that right? ...
by sbh8
Fri Apr 03, 2015 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Which tax advantaged account to use for side income?
Replies: 11
Views: 1435

Re: Which tax advantaged account to use for side income?

Shoot. I made the $800 contribution this afternoon. That is the only amount in my SEP IRA and I have a zero balance in my Traditional IRA. Any suggestions on the best way to move forward? Should I ask Fidelity to back out the contribution? Can I treat the $800 contribution as a contribution for 2015...
by sbh8
Fri Apr 03, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Which tax advantaged account to use for side income?
Replies: 11
Views: 1435

Re: Which tax advantaged account to use for side income?

However, in the future if you ever need to use the backdoor Roth IRA method that SEP IRA will get in the way. If that happens you could open the solo 401k then. Could you please explain this statement further? I've been doing the max backdoor Roth IRA contribution (and have done so for 2014). Why w...
by sbh8
Fri Apr 03, 2015 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Which tax advantaged account to use for side income?
Replies: 11
Views: 1435

Which tax advantaged account to use for side income?

I'm having trouble understanding what the 401(k) contribution limit is for my situation and which tax advantaged account I should be using for my side income. For 2014, I was a W2 employee and I earned income from a side business which is as a Sole Proprietor. I contributed 17,500 from my W2 income ...