Search found 149 matches

by vtjon
Fri May 26, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: Septic Pumping - Did I get ripped off?
Replies: 45
Views: 3882

Re: Septic Pumping - Did I get ripped off?

I just had my rental pumped and it was $275 all-in including the guy digging it up though he knew where it was as he had done it before and close to the driveway. This is a LCOL area though.
by vtjon
Fri May 19, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Death in family a week before cruise
Replies: 30
Views: 3541

Re: Death in family a week before cruise

The Chase Freedom card also has the trip cancellation insurance as well.
by vtjon
Tue Apr 18, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Problem e-filing return (deceased primary)
Replies: 24
Views: 2893

Re: Problem e-filing return (deceased primary)

tax service provider had responded in detail about troubles of IRS accepting efiles for deceased spouses, and gave a list of things to try. One was to put in zero for AGI for deceased, and put actual AGI in for living spouse. This seemed to work, was able to file. I just had this same problem with ...
by vtjon
Thu Apr 13, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Amazon Dot sound quality w/o other speakers
Replies: 7
Views: 589

Re: Amazon Dot sound quality w/o other speakers

I bought an Echo long ago (maybe 2-3 years) when they first came out and were invite only. It lives on my kitchen counter under a cabinet and does very well for us. Recently, I bought a Dot plus a Bluetooth speaker. I wasn't overly pleased with this setup because I could not get them to permanently ...
by vtjon
Thu Mar 09, 2017 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Fincancial checklist for becoming a landlord in the future
Replies: 35
Views: 2542

Re: Fincancial checklist for becoming a landlord in the future

Does anybody think it matters or changes the math if your AGI is over 150K and you can't deduct your loses each year? I understand they accumulate.
by vtjon
Mon Feb 20, 2017 9:05 am
Forum: Personal Consumer Issues
Topic: Anyone have a house keeper ("Mommy's" helper)?
Replies: 23
Views: 2540

Re: Anyone have a house keeper?

I think "Mom's Helper" is the term you might be looking for. We don't have one but I get the impression that this is somewhere in between a nanny and house cleaner (which we call a housekeeper around here).
by vtjon
Thu Feb 09, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Roth to Traditional IRA?
Replies: 16
Views: 866

Re: Converting Roth to Traditional IRA?

Since Roth contributions can always be withdrawn without penalty, why wouldn't you just request a withdrawal of a $1000 contribution and setup a new tIRA wherever you want and fund it from your checking account?
by vtjon
Thu Feb 02, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Are Defined Benefit Plans a rip off?
Replies: 49
Views: 4445

Re: Are Defined Benefit Plans a rip off?

There are personal defined benefit plans that allow high income self-employed people to save more. I do not know a lot about them but they do require an on-going contribution commitment (5 years maybe). Here's the first link I got from Google to Schwab: http://www.schwab.com/public/schwab/investing/...
by vtjon
Wed Jan 11, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Small Estate Act/Affidavit (Virginia)
Replies: 1
Views: 245

Re: Small Estate Act/Affidavit (Virginia)

bump.

I'm now thinking that you still have to settle the estate in the same order (family allowance->funeral reimbursement->etc) per state law but it is handled informally by the successors.
by vtjon
Mon Jan 09, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Small Estate Act/Affidavit (Virginia)
Replies: 1
Views: 245

Small Estate Act/Affidavit (Virginia)

I am trying to help settle a family member's estate in Virginia. All assets except for one has passed outside of probate. The remaining asset is an insurance policy with no listed beneficiary. This asset is less than the $50K Small Estate value in VA. I am wondering the circumstances under which you...
by vtjon
Mon Oct 17, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I relocate for this job or stay put?
Replies: 79
Views: 5327

Re: Should I relocate for this job or stay put?

Have you considered looking for a remote software developer job so you can stay in your same location if you like it? You could then work from home but it would be a full-time job. Yes. That would be the ideal situation, but easier said than done. If you really want to stay, I'd consider applying f...
by vtjon
Fri Oct 14, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should I relocate for this job or stay put?
Replies: 79
Views: 5327

Re: Should I relocate for this job or stay put?

Have you considered looking for a remote software developer job so you can stay in your same location if you like it? You could then work from home but it would be a full-time job.
by vtjon
Mon Oct 03, 2016 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance our mortgage and a few other questions ...
Replies: 13
Views: 1273

Re: Should I refinance our mortgage and a few other questions ...

Nor is there a downside. I'm just of the mindset that if both are on the deed, put both on the mortgage. To each their own. IMO, there's a significant downside. If you can't pay the mortgage, both sets of credit are unnecessarily trashed. It also gives more to go wrong in the underwriting step (spo...
by vtjon
Mon Oct 03, 2016 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Should I refinance our mortgage and a few other questions ...
Replies: 13
Views: 1273

Re: Should I refinance our mortgage and a few other questions ...

You would probably be better off with both names on the mortgage with two 800+ credit scores. Why only keep it at one name? There is no upside to including an additional person on the mortgage unless absolutely necessary. If one person can qualify based on income, debts and credit score, there's no...
by vtjon
Sat Oct 01, 2016 8:30 am
Forum: Personal Consumer Issues
Topic: Business and Professional License(BPOL)
Replies: 6
Views: 577

Re: Business and Professional License(BPOL)

I don't know for sure as I'm 100% home based. Since you're an LLC, it probably doesn't matter where you send your "employees". If you have a CPA, they can probably answer. However, at $190 per $100k of revenue, it might not be worth worrying too much about.
by vtjon
Fri Sep 30, 2016 8:31 pm
Forum: Personal Consumer Issues
Topic: Business and Professional License(BPOL)
Replies: 6
Views: 577

Re: Business and Professional License(BPOL)

This isn't uncommon in VA though I've only had to pay in the town. My county only accesses business property taxes even on my home-based business. Based on some Googling, it looks like you're be a Business Service as listed here: http://www.fairfaxcounty.gov/dta/sec2.22.htm The rate is $0.19 per $10...
by vtjon
Tue Sep 27, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Comcast incorrectly told us there was an internet line - now what? - solved
Replies: 47
Views: 3621

Re: Comcast incorrectly told us there was an internet line - now what?

I can confirm that the 180 day number is at least true if it's a "new construction" (as in cable) install. I built a new house and had to have a new drop/install done. I started the process on May 1 and it finally got installed March of the following year (so more than 180 days). My origin...
by vtjon
Wed Sep 14, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: First Child - Financial Decisions / Impacts?
Replies: 14
Views: 1547

Re: First Child - Financial Decisions / Impacts?

1. If you don't have a will get one. You don't want the courts deciding who gets custody of your child. Actually, in all cases, the court will decide who becomes the guardian if both parents are deceased. It's just that your will can suggest a suitable person and the court gives that significant we...
by vtjon
Tue Sep 13, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Education cost and kids
Replies: 64
Views: 5631

Re: Education cost and kids

I propose that we send the kid with a sack of $100 bills to pay the first year of tuition so they can really see how much it is. :moneybag
by vtjon
Wed Sep 07, 2016 9:56 am
Forum: Personal Consumer Issues
Topic: Accounting classes and High School student?
Replies: 13
Views: 723

Re: Accounting classes and High School student?

When I was in high school in the mid 90s, a basic accounting class was taught as an elective. I think I took it around 9th grade or so. I don't know if it's still available these days. We used ledgers and learned how to write checks among other things.
by vtjon
Tue Sep 06, 2016 8:27 am
Forum: Personal Consumer Issues
Topic: Las Vegas with kid, any suggestions?
Replies: 19
Views: 2193

Re: Las Vegas with kid, any suggestions?

When we have taken our kids in the past, we stayed at the Wyndham resort (just rented via the website, didn't mess with the timeshare mess). It has a nice pool. When we go next month, we're renting a house near the strip with a pool from AirBnb. I think it's going to work out nice. We always get a c...
by vtjon
Wed Aug 24, 2016 10:17 pm
Forum: Personal Consumer Issues
Topic: Office Chair
Replies: 36
Views: 3193

Re: Office Chair

I work from home and when I built my office, I decided that I was done with buying chairs from the big box office stores as they would only last a year or so (I'm pretty hard on them). I ended up ordering a pretty high end chair (~$1100) but it's nice. I ordered from http://www.theofficeleader.com a...
by vtjon
Thu Aug 11, 2016 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Refinancing mortgage to 15-year vs. college savings
Replies: 22
Views: 1919

Re: Refinancing mortgage to 15-year vs. college savings

I have this same 5/5 ARM product that originated in July 2014 though with a little bit smaller balance. When I was originally doing the math, the breakeven vs 30 year rates at the time (3.5%ish) was about 11-12 years. I considered refinancing to a 15-year fixed since I have been paying it on a 15-ye...
by vtjon
Tue Aug 09, 2016 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: UPS Store Notary (legit)
Replies: 18
Views: 3511

Re: UPS Store Notary (legit)

I recently had my will done and notarized at a lawyer's office and it was a regular ink stamp.
by vtjon
Fri Aug 05, 2016 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Should I refinance w/ Aimloan?
Replies: 25
Views: 2384

Re: Should I refinance w/ Aimloan?

Thanks for the info. They currently offer a credit towards closing. The individual I spoke to mentioned that the only additional cost could be any HOA fees they may charge to sign off. It just sounded a bit too good to be true. Below was the semi generic quote I received... Guaranteed Origination C...
by vtjon
Thu Aug 04, 2016 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly Rate for Contracting - thoughts?
Replies: 29
Views: 2449

Re: Hourly Rate for Contracting - thoughts?

I'd generally shoot for about 50% of what they bill at you especially if every hour you work is billable. If they are providing equipment, they could make a case for reducing it slightly but I wouldn't start there.
by vtjon
Wed Jul 13, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Co-Trustee and Testamentary Trust
Replies: 4
Views: 431

Re: Corporate Co-Trustee and Testamentary Trust

But do you need a corporate trustee at all? Yes, I do. I need a neutral third party to help our selected guardian/co-trustee manage the assets. While the assets could be in the $1-2m range, they could quickly decresse depending on how young the children are. Since I'm planning for a relatively unli...
by vtjon
Wed Jul 13, 2016 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Co-Trustee and Testamentary Trust
Replies: 4
Views: 431

Re: Corporate Co-Trustee and Testamentary Trust

Thanks. Is it typically advisable (or required?) to pick a corporate trustee ahead of time in this situation or can my executor (who would be capable) select one?
by vtjon
Wed Jul 13, 2016 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Corporate Co-Trustee and Testamentary Trust
Replies: 4
Views: 431

Corporate Co-Trustee and Testamentary Trust

My wife and I are doing some basic estate planning and have two young children. We are establishing a will that contains a provision for a testamentary trust. The recommended guardian in our documents will be a co-trustee with a corporate trustee. We want the ability to allow the co-trustee to chang...
by vtjon
Wed Jul 06, 2016 11:06 pm
Forum: Personal Consumer Issues
Topic: Bellagio room rate
Replies: 20
Views: 3185

Re: Bellagio room rate

You might be a little far out for special deals in November. You should make sure to watch their Facebook and Twitter accounts for the occasionally deals. Like the earlier poster, I also play poker and go on the poker rate ($139 Sun-Thurs and $189 on Fri/Sat) but it requires substantial amount of pl...
by vtjon
Sun Jun 19, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing - should I add wife to title/deed?
Replies: 23
Views: 2862

Re: Refinancing - should I add wife to title/deed?

There is zero upside to adding her to the mortgage as long as your income can support it. Is it supposed to be downside? The downside is if you can no longer pay the debt, you would be damaging the other person's credit as well as your own. I assume if you got behind enough a lender would garnish b...
by vtjon
Thu Jun 16, 2016 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing - should I add wife to title/deed?
Replies: 23
Views: 2862

Re: Refinancing - should I add wife to title/deed?

There is zero upside to adding her to the mortgage as long as your income can support it. My wife and I have no joint credit. My wife is on the deed to all properties though. Also, the due on sale clause cannot be trigger due to a transfer via death as per federal law. See: https://www.law.cornell.e...
by vtjon
Thu Jun 02, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: First mortgage/HELOC vs. Fixed rate mortgage
Replies: 25
Views: 1656

Re: First mortgage/HELOC vs. Fixed rate mortgage

If you're getting a lender credit with the broker but not a lender credit on the WF quote, this is likely why the interest rate is higher. You could check to see what the rate would be without the $3,500 credit. Your current broker quote probably includes negative points.
by vtjon
Wed May 25, 2016 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage pay-off "match" from parents?
Replies: 25
Views: 2388

Re: Mortgage pay-off "match" from parents?

Do they primarily want to help you, or do they want to get rid of the mortgage? It seems very controlling. They want to help, and we recently found out that since my name is not on the mortgage, upon their death, the bank has the right (although unlikely, if the bank receives its monthly payments w...
by vtjon
Tue May 17, 2016 9:54 pm
Forum: Personal Consumer Issues
Topic: Las Vegas in July
Replies: 34
Views: 3659

Re: Las Vegas in July

Hotwire seems to be a good option for Vegas if you're not particular about where you stay and if you choose the 4 or 5 star properties. On the North Strip, the 4 star property is likely the Trump property. It doesn't have a casino though. I think the Hotwire details tell you if it has a casino or no...
by vtjon
Tue May 10, 2016 9:59 pm
Forum: Personal Consumer Issues
Topic: Gifted math program for 1st grade
Replies: 66
Views: 7988

Re: Gifted math program for 1st grade

Speaking of Grit: Is Grit Overrated? Thanks Livesoft for the link: I will order "Grit" by Duckworth. I think grit is much more important than being "gifted" (I may know more after I read the book). The latest Freakanomics podcast interviews her about this book if you're interest...
by vtjon
Fri Apr 08, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: S Corp Owner/Employee Drives For Continuing Education. Business Expenses?
Replies: 7
Views: 711

Re: S Corp Owner/Employee Drives For Continuing Education. Business Expenses?

If this was me, I'd track the mileage and reimburse myself as always. For the food, you could pay yourself from the S-Corp (as an expense) the IRS Per Diem for meals of the place where you're going. If you have a hotel, I'd put it on the business card and just pay it as an expense.
by vtjon
Tue Mar 29, 2016 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Car usage as independent contractor - reimbursement v. tax deductions
Replies: 12
Views: 588

Re: Car usage as independent contractor - reimbursement v. tax deductions

I would record the mileage reimbursement from the org as Reimbursed Expenses (which is actually an income category) and deduct the actual mileage at the IRS in your mileage expense account. The net affect will be that you're deducting the difference as a business expense which would be logical.
by vtjon
Mon Mar 07, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Virginia Tech vs. NC State [choosing a school]
Replies: 52
Views: 4675

Re: Virginia Tech vs. NC State [choosing a school]

Not to get too far off the CS track but the undergraduate business program is strong (I'm not sure I'd get an MBA unless I wasn't paying the bill). Just to clarify, I should have said an MBA from VT unless I wasn't paying the bill. I think an MBA with a technical background from a good quality busi...
by vtjon
Mon Mar 07, 2016 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Credit card "deadbeats"
Replies: 23
Views: 3522

Re: Credit card "deadbeats"

As mentioned earlier, the interchange fees of 2%-3+% are significant though there are a lot of people taking a cut along the way. In fact, when you a use a rewards card, the merchant is charged a higher rate than if you use a regular credit card.
by vtjon
Mon Mar 07, 2016 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Virginia Tech vs. NC State [choosing a school]
Replies: 52
Views: 4675

Re: Virginia Tech vs. NC State [choosing a school]

After looking at the majors offered, he's most interested in either CS or BIT. Glad to hear being car-less is no problem. Given the food is so good, the walking will do him good. Not to get too far off the CS track but the undergraduate business program is strong (I'm not sure I'd get an MBA unless...
by vtjon
Sun Mar 06, 2016 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Virginia Tech vs. NC State [choosing a school]
Replies: 52
Views: 4675

Re: Virginia Tech vs. NC State [choosing a school]

I graduated from VT in '02. I started out as a CS major but ended up graduating from the Business Information Technology program. I have been a full-time software developer and self-employed since I graduated. The CS program had a good reputation then as well as it seems now. I just couldn't handle ...
by vtjon
Sat Feb 20, 2016 3:30 pm
Forum: Investing - Theory, News & General
Topic: Madoff--Ponzi Scheme
Replies: 37
Views: 4988

Re: Madoff--Ponzi Scheme

I watched an interesting documentary from Amazon Prime this morning called "Chasing Madoff." It was pretty interesting though doesn't really explain the why but does explain how he went on for so long without getting caught.
by vtjon
Tue Feb 16, 2016 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: W-2 Box 1: All IRS Looks At When Determining Reasonable Salary of S Corp Owner/Employee?
Replies: 12
Views: 1473

Re: W-2 Box 1: All IRS Looks At When Determining Reasonable Salary of S Corp Owner/Employee?

Of course I don't know, but I wonder if we're giving them too much credit. It seems like Line 7 of the 1120S would be the most obvious place to look as it is "Compensation of Officers." I wonder if this is the entire point of having this line split out though it's on the 1120 form too for ...
by vtjon
Tue Feb 09, 2016 11:43 pm
Forum: Personal Consumer Issues
Topic: Any audible users out there? Worth it?
Replies: 21
Views: 2315

Re: Any audible users out there? Worth it?

If you're an Amazon Prime member, there is a free 3-month free trial:
http://www.amazon.com/Prime-special-off ... B00XJU4UDG

You'll get 1 credit per month though you'll need to remember to cancel. You can do this online.
by vtjon
Tue Feb 09, 2016 9:22 pm
Forum: Personal Consumer Issues
Topic: General Liability; E&O Insurance for Consulting Firm
Replies: 5
Views: 549

Re: General Liability; E&O Insurance for Consulting Firm

I found it easier to work with a local business insurance agent. My E&O policy is through Great American Insurance. The premium is based on revenues. For ~$200k in revenue, $1m is about $1500/year with a $2500 deductible. I didn't see any significant discounts with a higher premium. I think my c...
by vtjon
Wed Feb 03, 2016 11:40 am
Forum: Personal Finance (Not Investing)
Topic: What do you pay per year for daycare?
Replies: 33
Views: 2238

Re: What do you pay per year for daycare?

We pay about $14,500 for two kids that are 4 and 11 months. This is a full-time regular daycare/pre-school (7:30-5:30ish) that has good teachers and they provide lunch. We're a LCOL college town. Two infants would be around $1350/month
by vtjon
Tue Feb 02, 2016 3:45 pm
Forum: Personal Consumer Issues
Topic: Online Money Market - For Business
Replies: 4
Views: 436

Re: Online Money Market - For Business

Check with your current bank if it's a small local or regional bank. I placed a low 7 figure sum for a non-profit trade association with a community bank (about 26 branches) and they (the VP in the branch) manually adjusted the MMA to be 1% interest even though the list interest is more like 0.15%. ...
by vtjon
Tue Jan 26, 2016 1:09 pm
Forum: Personal Consumer Issues
Topic: Traveling to Vegas soon. Advice or Suggestions?
Replies: 24
Views: 2314

Re: Traveling to Vegas soon. Advice or Suggestions?

We really enjoy the Egg & I restaurant when we are there. There is one on Rainbow and one on Sahara. We try to eat off strip out entire trip even though we stay on the strip.

Go to advanced search