Search found 666 matches

by CodeMaster
Sat Nov 16, 2019 2:38 pm
Forum: Personal Investments
Topic: How to sell my Aunts shopping plaza?
Replies: 15
Views: 1815

Re: How to sell my Aunts shopping plaza?

So whats best way to seek a commercial real estate broker? Any tips and tricks or just yelp it? lol
by CodeMaster
Sat Nov 16, 2019 1:13 pm
Forum: Personal Investments
Topic: How to sell my Aunts shopping plaza?
Replies: 15
Views: 1815

Re: How to sell my Aunts shopping plaza?

Presumably, find a commercial real estate broker in the area. I am sure many would want to buy directly to negotiate out the middle man. We have bought similar shopping plazas and have used commercial brokers to purchase. If an investor were to discuss with your aunt, they would probably want to si...
by CodeMaster
Sat Nov 16, 2019 12:33 pm
Forum: Personal Investments
Topic: How to sell my Aunts shopping plaza?
Replies: 15
Views: 1815

How to sell my Aunts shopping plaza?

So I know how to sell a home, I can also easily research it by googling or reading books. But my Aunt owns a shopping plaza, you know one of those small 7/11 type where drive in small parking lot, park... and theres a liquor store, subway, etc... she owns a small one in Kansas City for a long time a...
by CodeMaster
Sat Nov 16, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

If I had it to do all over again, I would had parked my emergency savings in the Vanguard short term corporate bond fund (VSCSX). Here are my reasons why. 1. It is a reasonable option, contrary to what most people believe. 2. We had stable jobs so we never really needed to tap my entire emergency f...
by CodeMaster
Sat Nov 16, 2019 12:18 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

I view our emergency funds in a hierarchy: 1. credit union checking 2a. credit union savings (a required account, it pays 3% on $500, so we keep $500 in it) 2b. high yield savings 3. VOHIX/Vanguard Ohio Long-Term Tax-Exempt in brokerage 4a. reimbursable amounts held in HSA 4b. taxable equity invest...
by CodeMaster
Sat Nov 16, 2019 12:16 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

VTSAX :D I understand this waves up and down less the others but I would opt not to recommend this cause its harder to access those funds if you have to sell it and right now we might be in a bull but if it drops in half and you needed funds, it would really defeat purpose of emergency funds.. and ...
by CodeMaster
Fri Nov 15, 2019 6:04 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

VTSAX :D I understand this waves up and down less the others but I would opt not to recommend this cause its harder to access those funds if you have to sell it and right now we might be in a bull but if it drops in half and you needed funds, it would really defeat purpose of emergency funds.. and ...
by CodeMaster
Fri Nov 15, 2019 2:44 pm
Forum: Personal Investments
Topic: Whats your favorite financial related site? (news, tips, anything!)
Replies: 23
Views: 2334

Re: Whats your favorite financial related site? (news, tips, anything!)

ruralavalon wrote:
Fri Nov 15, 2019 2:22 pm
CodeMaster wrote:
Fri Nov 15, 2019 1:53 pm
Whats your favorite financial related site? (news, tips, anything!)

:sharebeer :beer
In addition to Bogleheads, I use Morningstar for financial information.
do you sign up for an account with them?
by CodeMaster
Fri Nov 15, 2019 1:53 pm
Forum: Personal Investments
Topic: Whats your favorite financial related site? (news, tips, anything!)
Replies: 23
Views: 2334

Whats your favorite financial related site? (news, tips, anything!)

Whats your favorite financial related site? (news, tips, anything!)

:sharebeer :beer
by CodeMaster
Fri Nov 15, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

VTSAX :D I understand this waves up and down less the others but I would opt not to recommend this cause its harder to access those funds if you have to sell it and right now we might be in a bull but if it drops in half and you needed funds, it would really defeat purpose of emergency funds.. and ...
by CodeMaster
Fri Nov 15, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Re: Wheres best place park emergency funds these days?

These are really great suggestions! Thank you so much, cant believe theres a bank called Redneck bank ! LOL
by CodeMaster
Thu Nov 14, 2019 2:29 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 25
Views: 2696

Wheres best place park emergency funds these days?

Was wondering wheres best place park emergency funds these days with best interest rate / any deals?

Truly appreciate any tips! :sharebeer :beer
by CodeMaster
Fri Oct 25, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Whats best way to find best deal on high deductible health insurance?
Replies: 2
Views: 323

Re: Whats best way to find best deal on high deductible health insurance?

RickBoglehead wrote:
Fri Oct 25, 2019 3:40 pm
Healthcare.gov
Thanks! Sorry for such a simple ques lol
by CodeMaster
Fri Oct 25, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Whats best way to find best deal on high deductible health insurance?
Replies: 2
Views: 323

Whats best way to find best deal on high deductible health insurance?

My insurance is cancelling on me saying they are closing down the entire plan for everyone. I didnt realize that was even legal ! So now Im forced to search for new high deductible health insurance. Anyone know best way today to get best deals from good companies? Truly appreciate any tips / advice ...
by CodeMaster
Sat Oct 12, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever got car insurance JUST for car rentals?
Replies: 13
Views: 1217

Re: Anyone ever got car insurance JUST for car rentals?

Thank you sooooo much for all these great info and great leads even!! I truly appreciate it!!! :sharebeer :beer :beer :beer
by CodeMaster
Sat Oct 12, 2019 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Anyone ever got car insurance JUST for car rentals?
Replies: 13
Views: 1217

Anyone ever got car insurance JUST for car rentals?

I might be renting a car a bit more often in near future, like for a weekend or every weekend or for a week kinda thing. I dont want to buy the car insurance the renters sell since its super expensive on a daily basis, often $40 a day! I figured I could probably buy legit insurance for few hundred p...
by CodeMaster
Thu Mar 07, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Filed SEP-IRA for wrong year, easy way to fix?
Replies: 9
Views: 613

Re: Filed SEP-IRA for wrong year, easy way to fix?

Hi I filed SEP IRA deductions for year 2017 when it was recorded by mutual fund company for 2018. Using TurboTax I deducted it for 2017 but now am receiving the tax form reporting the SEP contributions document. Anyone know what is best / easiest I should to do here? Truly appreciate any tips! My u...
by CodeMaster
Tue Mar 05, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: My S-Corp took a loss this year, but nothing printed on K1, is normal?
Replies: 7
Views: 447

Re: My S-Corp took a loss this year, but nothing printed on K1, is normal?

Hi all, I figured it out... I forgot to enter the shareholders stock percentage as 100% and so it showed nothing. Now I see numbers as loss. Thank you all for your help, I really appreciate it!
by CodeMaster
Tue Mar 05, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: My S-Corp took a loss this year, but nothing printed on K1, is normal?
Replies: 7
Views: 447

Re: My S-Corp took a loss this year, but nothing printed on K1, is normal?

Usually every year on my SCorp K1 that I hand to myself, it just has one number in the profit section I think box 1.
This year box 1 is empty... cause my scorp took a loss.
by CodeMaster
Tue Mar 05, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: My S-Corp took a loss this year, but nothing printed on K1, is normal?
Replies: 7
Views: 447

My S-Corp took a loss this year, but nothing printed on K1, is normal?

Hi, for first time my tax for corp is reporting a loss. Usually its not a loss and a number is reported on the K1 for my personal account to input. However its completely blank ... I was wondering is this normal or do you think Im doing seomthing wrong via Turbotax?

Truly appreciate the help!!
by CodeMaster
Tue Mar 05, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Filed SEP-IRA for wrong year, easy way to fix?
Replies: 9
Views: 613

Re: Filed SEP-IRA for wrong year, easy way to fix?

Thank you everyone for all of your replies, they made a world of difference for me. I hope to repay this board back in ways I can in the future.

:sharebeer
by CodeMaster
Tue Mar 05, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Filed SEP-IRA for wrong year, easy way to fix?
Replies: 9
Views: 613

Re: Filed SEP-IRA for wrong year, easy way to fix?

Contact the firm to which the contribution went and see what they advise. I recently discovered that Vanguard screwed up my 2017 Roth IRA contribution and had to provide evidence before they could recharacterize it and accept my 2018 contribution. I’m not pleased (or confident in their competence) ...
by CodeMaster
Tue Mar 05, 2019 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Filed SEP-IRA for wrong year, easy way to fix?
Replies: 9
Views: 613

Re: Filed SEP-IRA for wrong year, easy way to fix?

Hi I filed SEP IRA deductions for year 2017 when it was recorded by mutual fund company for 2018. Using TurboTax I deducted it for 2017 but now am receiving the tax form reporting the SEP contributions document. Anyone know what is best / easiest I should to do here? Truly appreciate any tips! What...
by CodeMaster
Mon Mar 04, 2019 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Filed SEP-IRA for wrong year, easy way to fix?
Replies: 9
Views: 613

Filed SEP-IRA for wrong year, easy way to fix?

Hi I filed SEP IRA deductions for year 2017 when it was recorded by mutual fund company for 2018. Using TurboTax I deducted it for 2017 but now am receiving the tax form reporting the SEP contributions document.

Anyone know what is best / easiest I should to do here?

Truly appreciate any tips!
by CodeMaster
Fri Feb 22, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

Re: How much traditional IRA can my elder parents take out before taxed?

Thank you all for all the great info! Much grattiude her from me and my parents and I hope I can repay the help back someday too.
by CodeMaster
Thu Feb 21, 2019 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

Re: How much traditional IRA can my elder parents take out before taxed?

delamer wrote:
Thu Feb 21, 2019 7:13 pm
I assume that whichever parent owns the IRA has not reached the age of 70.5 and RMDs?
Hi they are both almost 80 and we sell over the rmd every year , for this year it will be about 49.5k usd exactly but we reduced to 25k to avoid taxes.
by CodeMaster
Wed Feb 20, 2019 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

Re: How much traditional IRA can my elder parents take out before taxed?

Hi my parents receive about $22,000 in social security benefits each year and would like to sell $50,000 from their traditional roth in 2019. I recalled somewhere elders could have an income tax free deduction up to 75k somehow but I forgot the details. Was wondering if anyone knew if they would ge...
by CodeMaster
Wed Feb 20, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

Re: How much traditional IRA can my elder parents take out before taxed?

Rainmaker41 wrote:
Wed Feb 20, 2019 9:29 pm
Are you referring to a Traditional IRA or a Roth IRA? Traditional IRA distributions count toward taxable income to the extent that the original contributions were not made with after-tax money. Roth IRA distributions are not taxed.
Very sorry! Traditional IRA, thanks for pointing that out.
by CodeMaster
Wed Feb 20, 2019 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

Re: How much traditional IRA can my elder parents take out before taxed?

Hi my parents receive about $22,000 in social security benefits each year and would like to sell $50,000 from their traditional IRA in 2019. I recalled somewhere elders could have an income tax free deduction up to 75k somehow but I forgot the details. Was wondering if anyone knew if they would get...
by CodeMaster
Wed Feb 20, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much traditional IRA can my elder parents take out before taxed?
Replies: 12
Views: 1156

How much traditional IRA can my elder parents take out before taxed?

Hi my parents receive about $22,000 in social security benefits each year and would like to sell $50,000 from their traditional IRA in 2019. I recalled somewhere elders could have an income tax free deduction up to 75k somehow but I forgot the details. Was wondering if anyone knew if they would get ...
by CodeMaster
Tue Mar 20, 2018 12:02 am
Forum: Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 63
Views: 6695

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

One thing I learned that wasnt caught here is if your taking out traditional IRA, its counted as ordinary income not long term capital gains. This is common knowledge and I'm guessing you didn't ask that question specifically. It's due to the fact that the money that went into the IRA was not taxed...
by CodeMaster
Mon Mar 19, 2018 9:21 pm
Forum: Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 63
Views: 6695

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

They do get SS and it is taxed... so overall traditional IRA will get taxed however you look at it. :beer
by CodeMaster
Mon Mar 19, 2018 12:56 pm
Forum: Personal Investments
Topic: Anyway to get traditional IRA funds minimizing tax other then not working?
Replies: 63
Views: 6695

Re: Anyway to get traditional IRA funds minimizing tax other then not working?

One thing I learned that wasnt caught here is if your taking out traditional IRA, its counted as ordinary income not long term capital gains. So for my parents case being over 70, their long term capital gains are tax free up to 70k while traditional IRAs are taxed as ordinary income no matter what ...
by CodeMaster
Thu Nov 23, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 14197

Re: Worth of bitcoin after 5 years?

What will be the worth of bitcoin after 5 years. Anyone can predict? Heres what some of the smartest people say about Bitcoin https://www.youtube.com/watch?v=mSWAPbxGjN0 There are a lot more then just Bitcoin but the general public isnt aware of it... There are many other coins now backed by giant ...
by CodeMaster
Sat Nov 18, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 14197

Re: [Bitcoin] question

Have you locked in your profit or are you going to wait until it becomes in to 6 millions and then in to 60 millions before cashing out? And yes, congratulations for your perseverance. It paid off handsomely (assuming you actually cashed in the gains) In a way I locked it out ... so after I got int...
by CodeMaster
Thu Nov 16, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: [Bitcoin] question
Replies: 131
Views: 14197

Re: [Bitcoin] question

longtime lurker, first time poster here and just wanted to chime in. As a reference point, I'm a firm EMH believer and owner of a BH-inspired 3 fund portfolio. That being said, it's a bit of a turn off to see such negative (and snarky) replies from some in this thread. My feeling is that if one doe...
by CodeMaster
Sat Sep 16, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

"The money is concealed in large floating plastic containers, and flown by air and dropped,". At least authorities would have a chance to stop it if they wanted. As it is, oil and shipping companies can recover the costs by raising their prices. Not sure I'd have the same ability. Ok, your correct....
by CodeMaster
Sat Sep 16, 2017 10:20 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Somolia pirates are able to randsom and demand many millions successfully... without using cold paper cash for example, nor bitcoins . "The money is concealed in large floating plastic containers, and flown by air and dropped,". At least authorities would have a chance to stop it if they wanted. As...
by CodeMaster
Sat Sep 16, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

I have neither commented on your motivations nor tried to portray them in a negative light. I believe you should do the same for mine and discuss the issues at hand. It means little as it's out-of-date and incomplete. You are free to characterize my statements however you want I guess. I maintain t...
by CodeMaster
Sat Sep 16, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Maybe you don't have a child you love as much as I do ... You're just fear mongering. I have neither commented on your motivations nor tried to portray them in a negative light. I believe you should do the same for mine and discuss the issues at hand. Did you intentionally ignore my previous posts?...
by CodeMaster
Sat Sep 16, 2017 9:23 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Maybe you don't have a child you love as much as I do ... You're just fear mongering. I have neither commented on your motivations nor tried to portray them in a negative light. I believe you should do the same for mine and discuss the issues at hand. Did you intentionally ignore my previous posts?...
by CodeMaster
Sat Sep 16, 2017 8:28 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

What just came to my mind is: if I can stomach a drop of 50% in a day (!) (which makes some ten-thousands $ of my total bockchain investment :shock: ), I'm not worried to stomach a stock market drop of some % in the future. Another (shower) thought I just had: because of that volatility, it's impos...
by CodeMaster
Sat Sep 16, 2017 2:24 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Sure, lots of places accept bitcoin... but do people use it? That's my question. how is it illegal? how is it so different from cash in your house. you choose what you do with it like anything, doesn't have to be illegal. it seems to be heading that way wouldn't you say There is also improvement in...
by CodeMaster
Sat Sep 16, 2017 1:28 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Sure, lots of places accept bitcoin... but do people use it? That's my question. More and more are.. its JUST starting to become more mainstream. You can google and find a ton of places adapting bitcoin, including Switzerland gov allowing you to pay tax using BTC. Microsoft, Dell, Overstock, Subway...
by CodeMaster
Sat Sep 16, 2017 12:32 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

Sure, lots of places accept bitcoin... but do people use it? That's my question. More and more are.. its JUST starting to become more mainstream. You can google and find a ton of places adapting bitcoin, including Switzerland gov allowing you to pay tax using BTC. Microsoft, Dell, Overstock, Subway...
by CodeMaster
Fri Sep 15, 2017 8:17 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

I would like to know what people are using bitcoin for and what percentage of it is for criminal activity, but whatever percentage it is the authorities are not befuddled by it, they are using it against criminals. I think the mainstream audience is only now beginning to realize that bitcoin is not...
by CodeMaster
Fri Sep 15, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

It may be technologically interesting, but that does not make it a valid currency or investment. As a technology may be it will have some other uses that add value in the future. But as a currency contender, it is just speculation. Is anyone really using bitcoin as currency right now? Or is it used...
by CodeMaster
Fri Sep 15, 2017 2:31 am
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 84
Views: 8857

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

The CEO of one of the world largest banks calls Bitcoin a fraud. I'm inclined to believe him since big banks are the world experts at fraud and experts at getting away with it too. given he couldn't explain why and we've seen similar profile level guys initially say same thing only to change his mi...