Search found 371 matches

by IMO
Thu May 09, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Bidding War
Replies: 20
Views: 2677

Re: Rental Bidding War

DW and I will be moving in the next few weeks. We are planning to rent a SFH for at least a year and are currently in the process of finding a rental. There is MUCH more interest than we expected for this region. We are visiting homes with 3-5 other potential renters. In one home, one of the other ...
by IMO
Thu May 09, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Home owners title insurance
Replies: 4
Views: 486

Re: Home owners title insurance

Wondered about this, here's what I found on one site:

"The cost of title insurance can vary significantly between companies. You do not have to use the company recommended to you."
by IMO
Thu May 09, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Bidding War
Replies: 20
Views: 2677

Re: Rental Bidding War

DW and I will be moving in the next few weeks. We are planning to rent a SFH for at least a year and are currently in the process of finding a rental. There is MUCH more interest than we expected for this region. We are visiting homes with 3-5 other potential renters. In one home, one of the other ...
by IMO
Thu May 09, 2019 3:01 am
Forum: Personal Consumer Issues
Topic: Denver in August
Replies: 21
Views: 1628

Re: Denver in August

I would not miss the opportunity to see both the "Front Slope" area around Denver, but some of the greatest natural beauty is on the Western Slope. I think you mean the "Front Range" which is the eastern side of the Rocky Mountains and runs from Casper WY to Pueblo CO. The OP should also be aware t...
by IMO
Fri May 03, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Boat close enough to the dock? Career transition question
Replies: 10
Views: 1189

Re: Boat close enough to the dock? Career transition question

Seems the IT job allows you to work from home, which in my world of having young kid(s) would have be a complete and total game changer over having a commute and not being able to be home/take off work for when a young child is sick or other issues. That IT job seems determined to keep you, have you...
by IMO
Fri May 03, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Spending Models in Retirement
Replies: 9
Views: 1116

Re: Spending Models in Retirement

Ybsybs wrote:
Fri May 03, 2019 9:07 am

For myself and my spouse, I hope to not draw upon government services intended for the needy and so we are saving with the expectation of self-paying for our end of life care.
Does that also include self paying for full healthcare, not taking medicare? Never heard anyone expect to do that.
by IMO
Wed May 01, 2019 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Home Insurance w/ Informal Renter
Replies: 14
Views: 756

Re: Home Insurance w/ Informal Renter

Another question comes up here then - if I formalize this, sign a lease, file taxes accordingly, would this not also affect my mortgage which was written as owner-occupied? I have never found that to be an issue whatsoever. Though there are a few on here that will claim it could. I have also never ...
by IMO
Wed May 01, 2019 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Earned income for 9 year old
Replies: 52
Views: 3044

Re: Earned income for 9 year old

Seems the younger a child, I would presume the more of an audit risk it would be for the parent. However, I suspect with IRS workload and small amount involved, legit or not legit, it would get overlooked. So when someone says their 2 year (not modeling or child acting of course) is helping manage t...
by IMO
Tue Apr 30, 2019 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Chiropracter career no longer lucrative...what other job options are there?
Replies: 41
Views: 5349

Re: Chiropracter career no longer lucrative...what other job options are there?

I would go with orthopedic surgeon as a new career... I concur with this. I know an orthopedic surgeon and if you work in a busy practice, you can make 7 figures per year. Uh yeah, but that's a pretty long grueling road to get to become an orthopedic surgeon. And that would presume one even got mat...
by IMO
Tue Apr 30, 2019 11:40 pm
Forum: Personal Consumer Issues
Topic: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement
Replies: 67
Views: 4736

Re: Questions for Folks that Does Not Need Their 401k/IRA Funds in Retirement

Is anyone in the same position in terms of not needing to touch their 401k/IRA in retirement since their pensions or social security is more than enough? If so, do you wish you had saved a little less and spend more during your younger days? What do you have plan with the untouched 401k/IRA - pass ...
by IMO
Tue Apr 30, 2019 11:10 pm
Forum: Personal Consumer Issues
Topic: 4 Gorgeous Beach Towns Where You Can Comfortably Retire on $40,000 a Year
Replies: 55
Views: 7868

Re: 4 Gorgeous Beach Towns Where You Can Comfortably Retire on $40,000 a Year

LOL Truth in advertising. At least 3 of the 4 are not beach towns in any sense, even though they have some coastal waterfront (which is never cheap anywhere). Pensacola the city has no beach. You have to cross the long bridge across Pcola Bay to Gulf Breeze, then take another bridge to get to town ...
by IMO
Tue Apr 30, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here work for the VA? 401k Question
Replies: 34
Views: 2175

Re: Does anyone here work for the VA? 401k Question

Once you finally get into the VA system, many stay til retirement, citing "golden handcuffs." I’m not familiar with the term golden handcuffs, would you explain? "Golden handcuffs" can generally mean that the long term benefits are so good that one feels forever tied to working for that organizatio...
by IMO
Tue Apr 30, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Home Insurance w/ Informal Renter
Replies: 14
Views: 756

Re: Home Insurance w/ Informal Renter

UPDATE For anyone who may come into a similar situation, I spoke with my agent today and he stated (in email) that as long as my position is temporary, and the property is not vacant, my current policy covers. As one would expect, it does not cover the personal property or personal liability for th...
by IMO
Mon Apr 29, 2019 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Boat insurance
Replies: 11
Views: 778

Re: Boat insurance

All my other insurances are via USAA, but they do not have boat insurance. They do have an agreement with Progressive Insurance where my USAA umbrella liability insurance would apply. I chose to insure for the cost of my boat. The body injury liabilities were the amount required for my umbrella insu...
by IMO
Mon Apr 29, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: What are the cons of always being a one parent working household?
Replies: 134
Views: 8269

Re: What are the cons of always being a one parent working household?

Details: 46 and 42 year old parents 4 kids - ages 12 to 4 (Tons of work keeping up with it all...laundry, cooking, kid needs, cleaning, running everyone around, etc., etc., etc.) 42 year old works 5 minutes from home so simple work lifestyle (no travel, work from home as needed, 7 weeks vacation, v...
by IMO
Mon Apr 29, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: What are the cons of always being a one parent working household?
Replies: 134
Views: 8269

Re: What are the cons of always being a one parent working household?

Details: 46 and 42 year old parents 4 kids - ages 12 to 4 (Tons of work keeping up with it all...laundry, cooking, kid needs, cleaning, running everyone around, etc., etc., etc.) 42 year old works 5 minutes from home so simple work lifestyle (no travel, work from home as needed, 7 weeks vacation, v...
by IMO
Mon Apr 29, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fed interviewing for a private sec job - value of FERS pension?
Replies: 37
Views: 2282

Re: Fed interviewing for a private sec job - value of FERS pension?

X528 - interesting way of thinking about it, but doesn't that assume I can't tap into any principle? I think living off the interest of a lump sump and a FERS annuity are a bit different - the lump sump becomes part of my estate but the FERS annuity gets put in the ground with me :) :D The FERS ann...
by IMO
Mon Apr 29, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here work for the VA? 401k Question
Replies: 34
Views: 2175

Re: Does anyone here work for the VA? 401k Question

Once you finally get into the VA system, many stay til retirement, citing "golden handcuffs." I’m not familiar with the term golden handcuffs, would you explain? "Golden handcuffs" can generally mean that the long term benefits are so good that one feels forever tied to working for that organizatio...
by IMO
Mon Apr 29, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a hail-damaged car?
Replies: 42
Views: 2441

Re: Buying a hail-damaged car?

We had a pretty bad hailstorm out here last week. Golf-ball sized. Advice? Opinions? Does anybody have any experience with hail-damaged cars? Is it purely cosmetic, or does it lead to bad things later on? (For the record, I live in a dry area--West Texas.) Golf ball sized hail all over the car: Myt...
by IMO
Wed Apr 24, 2019 12:08 am
Forum: Personal Consumer Issues
Topic: Car/Truck/SUV??
Replies: 25
Views: 1789

Re: Car/Truck/SUV??

I own a 2016 Hyundai Sonata. I could trade in and break even. I bought this before we got a 90lb dog. We have been taking him on day hikes,etc lately. He fits fine in backseat now but if both my kids come with me its a tight fit. Ill admit its rare they both come but it got me thinking of maybe get...
by IMO
Tue Apr 23, 2019 11:42 pm
Forum: Personal Consumer Issues
Topic: Use of airport skycap experience
Replies: 16
Views: 1445

Re: Use of airport skycap experience

I've never used the airport skycap service before. I'm able to get my bags into the airport without hassle and have always seen it as an extra, and unnecessary, expense. This week our family will be traveling overseas and will have LOTS of checked and carry-on luggage. Any reason not to use skycap ...
by IMO
Tue Apr 23, 2019 9:12 pm
Forum: Personal Consumer Issues
Topic: Hybrid Rental
Replies: 21
Views: 1463

Re: Hybrid Rental

I’m thinking about doing a road trip from Northern Virginia up through New England to Nova Scotia and Newfoundland, over to Labrador during the second half of June, over two weeks. The imperative for the trip will be comfort and fuel economy. I typically use USAA’s site to find a rental with unlimi...
by IMO
Fri Apr 19, 2019 2:14 am
Forum: Personal Consumer Issues
Topic: Video Camera to check in on Elderly Parent
Replies: 76
Views: 4873

Re: Video Camera to check in on Elderly Parent

Apologize for the thread sidetrack as this is not related to cameras but elderly monitoring in general, but Just out of curiosity, has anyone here had success with getting elderly relatives to carry their phones with them? I have tried to convince some of mine forever but they literally place the c...
by IMO
Fri Apr 19, 2019 1:58 am
Forum: Personal Consumer Issues
Topic: Smoke detectors
Replies: 36
Views: 1813

Re: Smoke detectors

I have a couple of questions about maintenance of smoke detectors and would appreciate some help. This is for hardwired smoke detectors (powered by electricity). 1. How do you go about changing the backup batteries for a smoke detector in a room when it is located 12 feet high? Is there any gadget/...
by IMO
Wed Apr 17, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2753

Re: Insurance Advice after bicycle accident

I'm going to revise my earlier posts based on the additional information on how the accident occurred. Your wife was at fault for rear ending the car in front of her. She should not file a claim against the driver of the vehicle. In the future, she should ride her bike with enough stopping distance...
by IMO
Wed Apr 17, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding a tax penalty
Replies: 9
Views: 869

Re: Avoiding a tax penalty

[ WHY WOULD HE HAVE TO FILE BY PAPER? YOU CAN FILE ELECTRONICALLY THROUGH 2016 BUT NOTHING PRIOR TO THAT. Only answer i can give us that when i filed my 2017 taxes in Jan 2019, turbo tax did not allow return to be filed electronically because the window to file electronically was closed. Wasn't my ...
by IMO
Wed Apr 17, 2019 3:21 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9985

Re: seriously thinking about leaving S. CA but where to?

Had a call back from the Arizona realtor. Based on my preference for the least hottest area and low crime, she suggested Flagstaff, Prescott or Scottsdale. But the nasty scorpions are indigenous of AZ.... Looking at Henderson and Summerlin but not sure if I can live there during the summer months. ...
by IMO
Wed Apr 17, 2019 2:22 am
Forum: Personal Finance (Not Investing)
Topic: Household budget, savings, retirement, and Home Equity question
Replies: 23
Views: 2295

Re: Household budget, savings, retirement, and Home Equity question

OP: I`m getting the sense there are some cultural issues that are significant issues that you/spouse have that are getting in the way of some commonsense judgements on your budget. I wonder, have you really had the hard discussion with your spouse to sit down and go over the budget? A. You can conti...
by IMO
Wed Apr 17, 2019 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding a tax penalty
Replies: 9
Views: 869

Re: Avoiding a tax penalty

Not a cpa or in any way a tax expert, but here's my thoughts: 1. If you are just doing your 2017 taxes now, then you'll have to file by paper (vs electronic). The timeframe is longer via paper filing to have your filing accepted and processed. 2. I would presume your refund from 2017 would not be cr...
by IMO
Tue Apr 16, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: Ready to buy a new cheap smartphone - any gotchas?
Replies: 40
Views: 3453

Re: Ready to buy a new cheap smartphone - any gotchas?

Not too long ago was switching to t-mobile. Walmart had the tmobile generic type of phone plan that used the same t-moble network, so bought some of the new phones that were much cheaper than buying at the actual tmobile shop to use for new tmobile brand service. We couldnt use those brand new phone...
by IMO
Mon Apr 15, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: No need to file a tax extension form?
Replies: 27
Views: 1732

Re: No need to file a tax extension form?

I habitualy file late, sometimes very late beyond the extension date. To my knowledge since i was always definitively owed a refund, ive never been penalized and never filed extension form 4868. This year since i owed a little, per 4868 instructions i made an eletronic payment of tax due via one of ...
by IMO
Sat Apr 13, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 6146

Re: Soon to be dad, how to prepare

Don't farm/outsource the kid out to daycare. Don't let people tell you how to raise your kids. Most of them are just trying to be helpful but it can feel like a personal attack, especially when you're tired and questioning yourself anyway. It's ok to respond with a smile, nod, and maybe a "thank yo...
by IMO
Sat Apr 13, 2019 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Unique Hit and Run Situation
Replies: 40
Views: 4641

Re: Unique Hit and Run Situation

Any time someone damages your personal property intentionally or unintentionally they are liable and therefore should have stopped and notified you of the accident or left contact info. I'd file with your insurance under your comprehensive coverage and let them chase the driver if they so desire. T...
by IMO
Sat Apr 13, 2019 1:11 am
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6138

Re: Ingenious Way To Find Reasonably Priced Painter

Yes, I have asked neighbors for recommendations and either the bids were too high or the bids were higher than what my neighbors paid for the exact same tract house, despite me having done most of the prep work. I don't like to be price discriminated against. Is there an ingenious way to find a rea...
by IMO
Sat Apr 13, 2019 12:43 am
Forum: Personal Consumer Issues
Topic: Received wrong vaccine...
Replies: 34
Views: 3027

Re: Received wrong vaccine...

I've previously posted about my confusing, angry journey to get CDC-recommended vaccines: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=275058 The story was that I wanted to get vaccines recommended by CDC for my age group (100% covered by my BCBS HDHP plan). I found an in-network provider, ...
by IMO
Sat Apr 13, 2019 12:22 am
Forum: Personal Consumer Issues
Topic: Remote control solution for my parents.
Replies: 38
Views: 2331

Re: Remote control solution for my parents.

Can anyone offer advice? Problem: 1) My parents entertainment system requires 3 remotes to function: TV, Cable Box, receiver 2) They have a hard time learning new electronics and the 3 remotes are cumbersome for them. Has anyone experienced similar and found and easy to learn and use solution? I fe...
by IMO
Thu Apr 11, 2019 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5786

Re: Eviction notice

The lease says if rent is not paid in a timely manor the resident defaults on the contract. But it does not define timely. So I assume if one were to fight their interpretation, the resident could win. I assume a week or two late is timely, compared to other situations apartments deal with. It has ...
by IMO
Wed Apr 10, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: How to finish wall
Replies: 5
Views: 802

Re: How to finish wall

When we moved into our house there were some water issues in the basement so they installed an internal french drain. The basement was finished before that and they had to cut the wall about 2-2.5 ft up right through the studs and drywall. We're going to refinish the basement how we want but we can...
by IMO
Wed Apr 10, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: Negotiating new boat price
Replies: 13
Views: 1440

Re: Negotiating new boat price

I'm planning to buy a new personal water craft. I know the exact make and model I want and it seems only one dealer within a few hour radius of me has it in stock. Any tips for negotiating, trying to get it under MSRP? I've seen PWC's at Costco (just like they have cars there), so you might try to ...
by IMO
Wed Apr 10, 2019 8:03 pm
Forum: Personal Consumer Issues
Topic: Standalone Security Camera Recommendations
Replies: 6
Views: 616

Re: Standalone Security Camera Recommendations

Ideally, the camera would be mounted very high up so that one cannot simply steal the camera. This is good advice if you are interested in video of the top of someone's head. That's not true per se depending where you are mounting a camera and where you are interested viewing via the angle the came...
by IMO
Tue Apr 09, 2019 12:45 pm
Forum: Personal Consumer Issues
Topic: Standalone Security Camera Recommendations
Replies: 6
Views: 616

Re: Standalone Security Camera Recommendations

I've been personally very happy with this particular camera. https://www.guardzilla.com/products/guardzilla-180-degrees-outdoor-hd-wifi-video-security-camera/ It has 2 day free cloud storage, but doesn't have the sd card storage (longer if you want to pay more of course). When you remotely view via ...
by IMO
Mon Apr 08, 2019 11:30 pm
Forum: Personal Consumer Issues
Topic: Grand Canyon and Sedona
Replies: 40
Views: 3721

Re: Grand Canyon and Sedona

We are planning a trip out West to Grand Canyon and Sedona next Easter (2020). We will be flying into Las Vegas (in lieu of Phoenix) so my son who is interested in civil engineering can tour the Hoover Dam. We have secured two nights lodging at the South Rim inside the park (for our arrival day) an...
by IMO
Sat Apr 06, 2019 8:48 pm
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7499

Re: Huge AIrBNB Cancellation Charge

Note the reservation is more than 60 days in advance. The Host will surely be able to re-rent. My son cancelled in 2 hours. AirBNB now says, sorry, "them the rules". Anyone with any thoughts? Thanks! What's interesting, is if this was a rental done via Craigslist for example, the owner/landlord wou...
by IMO
Fri Apr 05, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can I use QBI for my Rental Properties?
Replies: 20
Views: 1299

Re: Can I use QBI for my Rental Properties?

Maybe this will help https://www.biggerpockets.com/blog/irs-code-section-199a-20-pass-through-deduction Thanks! I am leaning towards going with QBI deduction per my interpretation. Does anyone would have different opinion? Did you read the article? Did you spend 250 hours and maintain all the requi...
by IMO
Fri Mar 22, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 6926

Re: When your responsibility to your children ends?

Many of us feel it is our responsibility or obligation to support our children. But when do you consider that responsibility is fully fulfilled, so that you can have a worry-free retirement? (1) When they went off to colleges; (2) When they finished colleges and you paid all their educational expen...
by IMO
Fri Mar 22, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: Paris - Is It Safe?
Replies: 143
Views: 8874

Re: Paris - Is It Safe?

I've been planning to go to Paris for a week in May, with my wife. Basically a museum/art trip. But, I'm uncertain whether this is prudent, given the difficulties I keep reading about. It sounds like the Champs Elysee was really trashed this weekend, and this has been going on for months. I need to...
by IMO
Fri Mar 22, 2019 2:07 pm
Forum: Personal Consumer Issues
Topic: Vacation Home: Own vs. Rent??
Replies: 42
Views: 3485

Re: Vacation Home: Own vs. Rent??

I told the wife that the $250k can stay in an investment account set aside for travel and leisure. If we can get a modest yearly return, we can use the funds for vacations and travel for our family over a lifetime. Is this a sound approach? OP, in your case, this is obviously a better choice. The t...
by IMO
Fri Mar 22, 2019 1:46 pm
Forum: Personal Consumer Issues
Topic: OBD GPS tracker for new teen driver
Replies: 20
Views: 1211

Re: OBD GPS tracker for new teen driver

can these work against you? meaning, if you get into an accident, can the data from these be subpoenaed and analyzed to ascertain if you (or your teen) were at fault in an accident? This is a thought/issue I'm wondering on dash camera's, not just for an upcoming teen driver, but for ourselves (the ...
by IMO
Sat Mar 16, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Fraction of insurance companies revenue goes to paying out claims?
Replies: 34
Views: 2376

Re: Fraction of insurance companies revenue goes to paying out claims?

Hi, I'm curious if anyone knows an estimate for what fraction of insurance companies revenue goes to paying out claims? It might vary by what type of insurance, so if you have an estimate, please state which insurance product you know about. Can't you just go read the annual financial report for an...
by IMO
Fri Mar 15, 2019 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 5674

Re: Is my *entire* life financed when I have a mortgage?

The issues here are way more than simple semantics, there is a huge impact on future net worth of carrying a mortgage for longer than necessary. Regarding semantics, define "huge impact on future net worth" and "longer than necessary"? There are many people in places like Calif that have experience...