Search found 162 matches

by vtjon
Mon Jun 11, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Business tax ID number and Proof of current address - how to show?
Replies: 6
Views: 580

Re: Business tax ID number and Proof of current address - how to show?

Are you an LLC or S-Corp? If so, you might be able to look up your registration on the state website and send a copy of that.
by vtjon
Sun Jun 03, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: FedEx Home Delivery and PO box
Replies: 15
Views: 1192

Re: FedEx Home Delivery and PO box

I am not sure what specifically happens with FedEx Home Delivery but I have occasionally had things sent to my business PO Box via UPS (mostly international letters/documents). UPS would mail me a postcard to the PO Box with a phone number and tracking number it. I called the number and gave them a ...
by vtjon
Thu May 17, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1390

Re: Selling land FSBO help please

I have noticed around here that a lot of the time the commission on raw land/lots is 10% when using an agent. I assume this is split evenly between buying and selling agents. Of course, you can still offer whatever you want to the buying agent (if any). I suspect it has to do with the value of the ...
by vtjon
Wed May 16, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Selling land FSBO help please
Replies: 27
Views: 1390

Re: Selling land FSBO help please

I have noticed around here that a lot of the time the commission on raw land/lots is 10% when using an agent. I assume this is split evenly between buying and selling agents. Of course, you can still offer whatever you want to the buying agent (if any).
by vtjon
Thu May 10, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Computer Remote Access
Replies: 29
Views: 3322

Re: Computer Remote Access

Any updated views on this topic? My main need is parents' remote tech support :happy on Windows 10, and LogMeIn (for individuals, 2 computers) has worked flawlessly. It is very expensive, though, and my usage level doesn't come close to justifying the $349.99 renewal fee (I must have been on some s...
by vtjon
Tue May 08, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Switching Apple Mac Mini to Solid State Drive?
Replies: 15
Views: 1088

Re: Switching Apple Mac Mini to Solid State Drive?

I read a little bit about the TRIM discussion but I am not sure really at this point. I think there are still issues and/or it's not supported. I tried to buy a good quality drive (Samsung T5 SSD 500G). In my case, I was in quite the bind and I didn't really care in the short-term. I needed the mach...
by vtjon
Mon May 07, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Switching Apple Mac Mini to Solid State Drive?
Replies: 15
Views: 1088

Re: Switching Apple Mac Mini to Solid State Drive?

I literally just did this last Thursday. I have a Mac Mini-Late 2014 but I'd think the same situation applies to you. I write software on a PC and I use the Mac Mini very occasionally but it was becoming so unbearable, that I was considering purchasing a new MacBook Pro. I started to go down the pat...
by vtjon
Mon Apr 30, 2018 10:31 pm
Forum: Personal Consumer Issues
Topic: Las Vegas Restaurants
Replies: 25
Views: 1966

Re: Las Vegas Restaurants

We like to try all kinds of off-strip places and are relatively frugal. We always go to the Egg-and-I which is great, especially if you like breakfast food. Waits can be sort of long on the weekends. They have several locations though we typically go to the one on Sahara. If you like buffets, the bu...
by vtjon
Fri Feb 02, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 7095

Re: Substitute for taking a shower?

There were these wipes on Shark Tank the other night called "Shower Pill". It looks like they are available on Amazon. I have no idea as to the quality but I think they got a deal on the show!
by vtjon
Thu Feb 01, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Where to park short term (<12 months) S-corp savings
Replies: 6
Views: 637

Re: Where to park short term (<12 months) S-corp savings

I have a corporate Fidelity account. It basically functions as one of my checking accounts and I have many auto-deposits. I don't trade any securities but it's effectively a brokerage account. The "core" account is a Fidelity Government Money Market Account which has a 0.98% yield right now. I think...
by vtjon
Mon Jan 29, 2018 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting i401k contributions on 1120S
Replies: 29
Views: 1471

Re: Reporting i401k contributions on 1120S

Here is how my CPA prepared 2016 1120S was prepared. I am the sole employee/officer and have a solo 401K. I deferred the full amount 18K and had profit sharing of $10K on $40K salary. Line 7 - $40,000 (my total salary) Line 17 - $10,000 (my profit sharing) I assume that Line 7 is to ensure officers ...
by vtjon
Tue Jan 02, 2018 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 837

Re: Co-owners with different compensation - i401k vs SEP IRA

For a Solo-401K with partners, do the profit sharing percentages have to be the same? If you had to perform non-discrimination testing due to having employees, I'm sure they would but I would think for owners this doesn't matter. If the percentages don't matter, then you could do 25% of lowest W2. T...
by vtjon
Mon Nov 20, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: Want to build dream workshop/garage, but don't know how to start
Replies: 50
Views: 3689

Re: Want to build dream workshop/garage, but don't know how to start

I'm working on something similar. I met with a Amish builder last weekend and they are going to be sending over a price. They resell/build a lot of the small garden type sheds that come on skids but they also do site builds as well. They also proposed a metal building too which is much cheaper at th...
by vtjon
Fri May 26, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: Septic Pumping - Did I get ripped off?
Replies: 50
Views: 6324

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: 4702

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: 3845

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: 877

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: 3266

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: 3005

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: 1130

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: 52
Views: 6334

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: 292

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: 292

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: 6311

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: 6311

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: 1362

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: 1362

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: 650

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: 650

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: 3983

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 original estimat...
by vtjon
Wed Sep 14, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: First Child - Financial Decisions / Impacts?
Replies: 14
Views: 1919

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: 6276

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: 912

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: 2473

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: 3955

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: 23
Views: 2574

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: 6009

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: 2894

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: 2782

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: 509

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: 509

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: 509

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: 3441

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: 3787

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: 3787

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: 2068

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: 2659

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: 4081

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: 8875

Re: Gifted math program for 1st grade

Wildebeest wrote:
livesoft wrote: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 interested.