Search found 1403 matches

by ubermax
Wed Feb 21, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5257

Re: Multiple Offer situation/should we pull our offer?

Sounds like you're at the poker table now , if you up your bid you could win or lose and possibly get the same outcome if you hold 'em , I'm now thinking about that Johnny Cash song , problem is how do we "know when" - Good Luck !!!
by ubermax
Sat Feb 10, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Tables
Replies: 10
Views: 1593

Re: 2018 Tax Tables

I was wrong , the answer was right there all along in the 2018 Tax Rate Schedules as was pointed out to me several times , brain freeze maybe - thanks Oldcomputerguy, Kaneohe, Jebmke, House Blend ( using the midpoint nails it for the Tax Tables ) , and Rkhusky .
by ubermax
Sat Feb 10, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Tables
Replies: 10
Views: 1593

Re: 2018 Tax Tables

For Oldcomputerguy it's the 2018 Table that I'm interested in and for Kaneohe & Jebmke a couple of things : (1) I agree that the tax delta for adjacent $50 income ranges is small but I anticipate an 8K taxable income drop in 2018 and (2) At this point I have no idea how the IRS develops the tables ...
by ubermax
Fri Feb 09, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Tables
Replies: 10
Views: 1593

Re: 2018 Tax Tables

As far as I know, the structure published in this Kitces article are still accurate The new Tax Brackets have been published but I don't see where the Tax Tables have been released - on that worksheet that I noted there are two spots that require a Tax Table (very specific) lookup , that article do...
by ubermax
Fri Feb 09, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15840

Re: free dinner investing seminar

The food at the dinners that I've been to in the past have been allright ; they're betting on a couple of commission sales to probably more than pay the dinner bill and the restaurant may be giving them a break also .
by ubermax
Fri Feb 09, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Tax Tables
Replies: 10
Views: 1593

2018 Tax Tables

Does anyone know if the 2018 Tax Tables , either final or preliminary, have been published ; the "Qualified Divs.& Cap. Gain Tax Worksheet" ,for example, requires inputs in two spots from those Tables.
by ubermax
Fri Feb 09, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2179

Re: Is there a way to figure 2018 taxes?

As far as can tell the 2018 tax brackets have been published but not the Tax Tables which are used if you're required to use the Qual.Divs.& Cap Gains Worksheet - has anyone seen 2018 Tax Tables ? I believe BogleGrappler alluded to a manual calculation using 2018 Rates
by ubermax
Fri Feb 09, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is there a way to figure 2018 taxes?
Replies: 18
Views: 2179

Re: Is there a way to figure 2018 taxes?

A couple of years ago I created 2 Excel workbooks , one for the current filing and another to estimate the upcoming years' tax liability - for 2018 I got information on the tax bill changes impacting our return , mainly the 10K limit for state income and property tax deductions and the 26.6 K stand...
by ubermax
Thu Feb 08, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Ants in the House?
Replies: 46
Views: 2517

Re: Getting Rid of Ants in the House?

We swear by the liquid Terro ant baits - we cut a manila folder into small squares and put a drop on each and then put them at various spots on the kitchen counter - it can take a few days for them to come out of the woodwork , take a sip, and then march back to the nest but it works very well .
by ubermax
Thu Feb 08, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: Adding iPad to Verizon Cellular Account
Replies: 5
Views: 288

Re: Adding iPad to Verizon Cellular Account

mmmodem wrote:
Thu Feb 08, 2018 5:09 pm
Newer LTE iPads have an Apple SIM which is universal for most carriers. http://www.apple.com/ipad/apple-sim/
You won't need one from Verizon.
Thanks mmmodem , I clicked that link and it doesn't look like Verizon is on the list of Apple partners ??
by ubermax
Thu Feb 08, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Adding iPad to Verizon Cellular Account
Replies: 5
Views: 288

Re: Adding iPad to Verizon Cellular Account

Do you carry a iPhone, Android, or another smart phone? If your Verizon account is like most you can switch your phone to Mobile-Hotspot mode and pair the iPad to your phone when you need to use it away from your home wifi and that will save you on having to pay an additional monthly fee to have th...
by ubermax
Thu Feb 08, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Scrapping old computer parts
Replies: 24
Views: 1354

Re: Scraping old computer parts

I cut the HD in half with a circular saw ( metal blade) and chuck it in household waste at the local dump - it then goes to an incinerator in another town , the remaining parts I leave in the recycled electronics shed at same dump - I use to sledge the HD but now I clamp it down and rip through it .
by ubermax
Thu Feb 08, 2018 4:55 pm
Forum: Personal Consumer Issues
Topic: Adding iPad to Verizon Cellular Account
Replies: 5
Views: 288

Adding iPad to Verizon Cellular Account

Just purchased an iPad for DW at the local Apple store and the sales person indicated that she could add the new device to our Verizon account on her own via Settings implying that a choice of cellular carriers would appear on the iPad's screen - on the way home we stopped by the Verizon store and ...
by ubermax
Wed Feb 07, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Old mechanical pencils
Replies: 11
Views: 1947

Re: Old mechanical pencils

I still have a couple of old mechanical pencils - one is a Pentel P207 ( .7mm lead) and the other is a Paper Mate PhD Ultra ( .5mm lead)- both made in Japan - our daughter used the P207 through high school and college along with an accompanying hi-polymer (plastic) white eraser also made by Pentel ...
by ubermax
Tue Feb 06, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Understanding cost basis.
Replies: 6
Views: 373

Re: Understanding cost basis.

mega317 wrote:
Tue Feb 06, 2018 10:06 am
Once you sell there is no more basis. Then when you use the proceeds to buy, there is a new basis independent of the first holding.
+1 gain or loss on the sales (assuming after tax accounts) measured by comparing proceeds to cost basis & then a new basis established in VFIAX
by ubermax
Mon Feb 05, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 57
Views: 4790

Re: What backup service to use?

I was surprised to see that Acronis (True Image) was missing from Ponderings List ; is that because the OP specifically wanted a "service" rather than backup software ?
by ubermax
Sat Feb 03, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Newbie
Replies: 17
Views: 1715

Re: Turbo Tax Newbie

I'm lead to believe one can do their 2017 taxes with TT and make the decision to pay after viewing the results of your information - is this accurate? Have used online TT for years and like it ; you have to pay before you can see and print the actual tax forms and any worksheets filled in - you can...
by ubermax
Sat Feb 03, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease -- High Residual Value -- what am I missing?
Replies: 49
Views: 4464

Re: Car Lease -- High Residual Value -- what am I missing?

4.) All of this is being factored at essentially a 0 money factor -- the current financing special to buy is 0% for 72 months. These days the APRs and money factors are all low across pretty much all brands but nevertheless the lion's share of the lease payment is the depreciation cost ; I would su...
by ubermax
Sat Feb 03, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3430

Re: Do you live on a budget?

Also retired , not sure if what we do is a budget or an "expense organizational tool" but each of our 4 monthly inflows go via spreadsheet into 17 buckets , 16 of which have specific names , i.e. "electric" and the 17th is labeled discretionary - it's basically what's leftover after those 16 are fi...
by ubermax
Thu Feb 01, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis and long/short cap gains
Replies: 26
Views: 1140

Re: Cost basis and long/short cap gains

Specific ID gives you the most flexibility when selling in taxable accounts. I use it for all my Vanguard taxable accounts, both funds and individual securities (where I frequetly dividend reinvest). Years ago I used that method but now with the numbers I'm working with it's a waste of time and I'm...
by ubermax
Thu Feb 01, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Cost basis and long/short cap gains
Replies: 26
Views: 1140

Re: Cost basis and long/short cap gains

yes but for the purpose of determining whether the shares sold were categorized as short or long term cap gains, the shares you sold would be the first ones purchased. I think I am right on that, from my research, but someone correct me if I'm wrong. HTH answered that but that wasn't what I was que...
by ubermax
Thu Feb 01, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease -- High Residual Value -- what am I missing?
Replies: 49
Views: 4464

Re: Car Lease -- High Residual Value -- what am I missing?

OP if you want to have some fun , ask them to explain - line be excruciating line - how they came up with the monthly lease payment ; my guess is that most people just want to know if the payment , whether financed or not, fits into their budget not whether it's a reasonable number .
by ubermax
Thu Feb 01, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Cost basis and long/short cap gains
Replies: 26
Views: 1140

Re: Cost basis and long/short cap gains

Average cost forces the oldest shares (the first shares in) to be selected when selling. So the answer to your last question you posed in your first post in this thread is: Yes. In the context of determining the correct cost basis of shares sold , I don't think this is a correct statement ; simple ...
by ubermax
Fri Jan 26, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Riverboat trip on the Danube next October
Replies: 16
Views: 1094

Re: Riverboat trip on the Danube next October

We used Avalon , Vienna to Munich on the Danube ; we enjoyed it , well organized , food was great , and there was a nice blend of cruising and stops for interesting side tours .
by ubermax
Fri Jan 26, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 7940

Re: How do you decide how wealthy you really are?

Sandtrap wrote:
Fri Jan 26, 2018 12:17 pm
Never considered myself wealthy, never will. Only blessed n lucky :sharebeer
+1 Couldn't say it better !! Top spin , just enjoy your new home in Florida and precious time on the Har-Tru !!
by ubermax
Fri Jan 26, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Recommendations
Replies: 28
Views: 1800

Re: Tax Software Recommendations

I've used the online version of Turbo Tax (i.e. TT) for years and like it - I also maintain two spreadsheets in Excel , one for the current filing year and another for the current year that is the basis for our estimated taxes both federal and state - I also think it's important to understand your ...
by ubermax
Fri Jan 26, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 25
Views: 1428

Re: Anyone donated a car to charity?

Donated a car to a Vietnam Vets group , they picked it up quickly and even provided paperwork for tax purposes - it was a good experience .
by ubermax
Fri Jan 26, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 8531

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

Had a 5s , lost it , replaced with SE , same size which I like , no desire to upgrade .
by ubermax
Sun Jan 21, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: How to Calculate Value of Defined Benefit Plan
Replies: 22
Views: 2447

Re: How to Calculate Value of Defined Benefit Plan

I would tackle your problem a little differently - first I would estimate an annual/monthly retirement expense budget and then subtract known inflows , e.g. SS & Pension - I would take the PV of that remainder and see how that stacks up to your current assets ; you could do that on a spreadsheet and...
by ubermax
Sun Jan 21, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Excel for Personal Finance Accounting ?
Replies: 42
Views: 3464

Re: Excel for Personal Finance Accounting ?

I use Excel for creating my budget, tracking some of my savings categories, income tax projection, etc . . . but for most of my day to day tracking, check book reconciliation for checking and credit card accounts, etc i use the sunset version of Microsoft Money which is free. I don't believe it dow...
by ubermax
Sun Jan 21, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Excel for Personal Finance Accounting ?
Replies: 42
Views: 3464

Re: Excel for Personal Finance Accounting ?

I have years of experience with Excel. If there is a good template out there, then that is what I need to get started. I just do not want to "recreate" the wheel. Your comments on Quicken are exactly why I am looking for an alternative. I also have years of experience with Excel and so , if it were...
by ubermax
Sat Jan 20, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs CD/download
Replies: 11
Views: 1203

Re: Turbotax Online vs CD/download

Have used online version exclusively for years, like it , never a problem - use the premier version , handles all my needs - income entries are SS , RMD , pension plus input from Forms 1099DIV , 1099B , 1099INT and the SSA from SS , pretty basic stuff .
by ubermax
Fri Jan 19, 2018 5:24 pm
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 3679

Re: How do you adjust side mirrors in a car?

I adjust them to see my blind spots only. So the car goes into the rear view mirror, then into the side mirrors then into my peripheral vision. I never have to turn my head to change lanes. I I find that this works well for driver's side but not the passenger side - on that side when changing lanes...
by ubermax
Fri Jan 19, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction in 2018
Replies: 16
Views: 2738

Re: Standard Deduction in 2018

Question : Since RP 17-58 came out in Oct. '17 and the Tax Bill was signed late Dec. , does this mean that a new RP will be needed to make it official ?
by ubermax
Fri Jan 19, 2018 9:28 am
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 37
Views: 1864

Re: Learning Swimming @ 40+

When I was a kid I couldn't master the breathing rhythm required for the crawl - it also stymied any longer distance running for the same reason - and so for swimming ( primarily ocean water ) I got pretty good at the side stroke , breaststroke , and backstroke which don't require the breathing syn...
by ubermax
Mon Jan 15, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction in 2018
Replies: 16
Views: 2738

Re: Standard Deduction in 2018

Good stuff, thanks HueyLD
by ubermax
Mon Jan 15, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction in 2018
Replies: 16
Views: 2738

Re: Standard Deduction in 2018

So is it $26,500 or $26,600 ??
by ubermax
Mon Jan 15, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Recommend an A.C. powered auto tire inflator
Replies: 43
Views: 2560

Re: Recommend an A.C. powered auto tire inflator

Will be following this post , also looking for a pump , good responses especially SandTrap and Toons , like the Porter Cable ( I assume it's AC ) and would get a ball chuck attachment , if available, to fit on the valve - I have a Sears hand held pump with a rechargeable battery that works OK but t...
by ubermax
Sun Jan 14, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6658

Re: Looking for a reasonably priced, safe international destination

Ireland , Aer Lingus flies there direct from many US cities now , DW and I are planning a trip ourselves .
by ubermax
Sat Jan 13, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Oil filled space heaters
Replies: 39
Views: 4101

Re: Oil filled space heaters

Lots of great responsses, just a couple quick thoughts : For many years I used oil filled space heaters in my home office , 2 going on very cold days and just one otherwise ; from the original post I understand that a space heater would be supplemental to an existing heat source in a living room - ...
by ubermax
Sat Jan 06, 2018 11:15 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2188

Re: 2018 Morgage Interest Deduction

I consider these "rich people" problems since that size mortgage is just hard for me to comprehend. But I was curious how it worked, esp if you had two houses with 500k mortgage each, one with a 3% loan and one at 5%. Could you deduct the interest from the higher one first? I agree and it's a non-i...
by ubermax
Fri Jan 05, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Worth tracking down lost retirement plan histories?
Replies: 23
Views: 1242

Re: Worth tracking down lost retirement plan histories?

jebmke wrote:
Fri Jan 05, 2018 1:21 pm
If this was a 401(k) you can tell by looking at Box 12 on the W2. Chances are it is a defined benefit plan and you never vested a benefit.
Agree , and with only 6 months it's probably a very small , if any, K balance
by ubermax
Fri Jan 05, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2188

Re: 2018 Morgage Interest Deduction

As a related issue, with the new doubled standard deduction, the itemization may not be worth it. With a $12K/$24K single/married std deduction, an example of, say, $12K mortgage interest + $10K combined StateIncome+property taxes (in a "reasonable" property tax state) would not even be worth it. Y...
by ubermax
Fri Jan 05, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best Tax Estimate Website for 2018?
Replies: 25
Views: 3363

Re: Best Tax Estimate Website for 2018?

To clarify, it's not that taking the RMD now would avoid tax liability. He wants to take his RMD now, but he wants to know how much more he can take without paying taxes. This is a modest amount of money. He's trying to stay under the standard deduction limit. The part that I don't know about is if...
by ubermax
Fri Jan 05, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2188

Re: 2018 Morgage Interest Deduction

Does the proration change as the loan balance is paid down each year? For example, if the $1.5 million LA condo loan eventually gets paid down to $750k, then going forward all interest is deductible? Yes, that's the way I underestand it ; but keep in mind that "going forward" could occur "during" a...
by ubermax
Fri Jan 05, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Best Tax Estimate Website for 2018?
Replies: 25
Views: 3363

Re: Best Tax Estimate Website for 2018?

I help my dad with his taxes and he would like to take as much of his IRA now without having to pay taxes. He's over 70.5 so there's no penalty. Normally, I can estimate the number pretty well but that was under the old law. Has anyone run across a good calculator for 2018 based on the new law? Not...
by ubermax
Thu Jan 04, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Schedule A for 2018
Replies: 4
Views: 554

Re: Schedule A for 2018

ralph124cf wrote:
Thu Jan 04, 2018 2:07 pm
My understanding is that the $750,000 limitation is for new mortgages taken out in 2018 or later, if you already had a mortgage up to $1M, that would remain deductible.

Ralph
Ralph do you have a link to a summary or the bill itself that supports that ?
by ubermax
Thu Jan 04, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2188

Re: 2018 Morgage Interest Deduction

No, I am going to go out on a limb and guess that if you have a $1.5 Mil loan balance on a condo in LA, HALF of your mortgage interest is deductible. It effectively CAPS the interest deducted, not put a limit on deducting any interest at all. Aren't we saying the same thing - 1/2 of the interest on...
by ubermax
Thu Jan 04, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Morgage Interest Deduction
Replies: 17
Views: 2188

2018 Morgage Interest Deduction

In a summary of the new tax law it says that there's a "$750,000 limit on acquisition indebtedness retained" - is this saying that , assuming a monthly mortgage, interest paid each month is deductible as long as the outstanding loan balance is below $750,000 at the beginning of each month of the ta...
by ubermax
Thu Jan 04, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Schedule A for 2018
Replies: 4
Views: 554

Re: Schedule A for 2018

True, assuming the auto taxes are ad valorem. Gill thanks Gill , and yes they are ad valorem ; it doesn't apply to us but in that summary I have relating to the mortgage interest deduction it says that for 2018 " $750,000 limit on acquisition indebtedness retained" - is this saying that , assuming ...