Search found 537 matches

by cowdogman
Thu Aug 13, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Renters Insurance--Campus Housing
Replies: 6
Views: 357

Re: Renters Insurance--Campus Housing

neilpilot wrote:
Thu Aug 13, 2020 9:18 am
IIRC when our daughter was in the dorm a decade ago we checked with our agent, and were told that our existing homeowner policy provided coverage without a supplement. Won't cost you anything to ask.
Good point. Thanks.
by cowdogman
Thu Aug 13, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Renters Insurance--Campus Housing
Replies: 6
Views: 357

Renters Insurance--Campus Housing

My son is moving next week from an off-campus apartment to an on-campus apartment (run by the university as part of the dorm system). Should I keep my son's renters insurance going for the new apartment or let it go? The insurance is not that expensive ($133/year), but I'm guessing (??) that most (t...
by cowdogman
Tue Aug 11, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

chasingadvice wrote:
Tue Aug 11, 2020 3:00 pm
Does this mean 4% for any online purchase and utilities/insurance payments also?
Can this card replace CitiDouble 2% cashback until Feb 2021 then ?
That's my understanding.
by cowdogman
Tue Aug 11, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

anon_investor wrote:
Tue Aug 11, 2020 12:00 pm

Ah, yes I don't have a chase bank account, but I can transfer the cash back to my checking account. Maybe I will get one of these emails soon, when did you get yours? I have to pay for a home repair this month, getting 4% CB would be nice...
Got it about 90 minutes ago.
by cowdogman
Tue Aug 11, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

Looks like there is a new promotion for the Chase Amazon Prime Card--4% back on all normally 1% and 2% back categories--that is, basically everything other than Amazon/Whole Food purchases. How does this work? With the Chase Amazon Prime Card the cardholder gets a cashback election each month at st...
by cowdogman
Tue Aug 11, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

I got the same 4% offer. I have only used my Chase card for Amazon purchases. I guess they are trying to get me in the habit of using the Chase card for everything. I have not decided yet if it is worth it because the 4% ends in Feb 2021. I have been spending very little since Covid hit. Same for m...
by cowdogman
Tue Aug 11, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

Looks like there is a new promotion for the Chase Amazon Prime Card--4% back on all normally 1% and 2% back categories--that is, basically everything other than Amazon/Whole Food purchases. How does this work? With the Chase Amazon Prime Card the cardholder gets a cashback election each month at st...
by cowdogman
Tue Aug 11, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Re: Chase Amazon Prime Card--4% back

OP here. Here's a cut and paste from my email (see red font): Ends February 11, 2021 We know you love earning extra rewards on your Amazon.com and Whole Foods Market purchases with your Amazon Rewards Visa Card. Now, we're giving you the opportunity to earn 4% Back everywhere else you use your card ...
by cowdogman
Tue Aug 11, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Pay Yourself Back
Replies: 22
Views: 2438

Re: Chase Sapphire Pay Yourself Back

Superleaf444 wrote:
Sun Aug 09, 2020 9:58 am

:oops: :oops: :oops: :oops: :oops: :oops: :oops: :oops: :oops: :oops:

How did I miss this!?!??! bah
I just posted about a new Chase Amazon Prime Card bonus. Don't miss it!
by cowdogman
Tue Aug 11, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Chase Amazon Prime Card--4% back
Replies: 74
Views: 6672

Chase Amazon Prime Card--4% back

Looks like there is a new promotion for the Chase Amazon Prime Card--4% back on all normally 1% and 2% back categories--that is, basically everything other than Amazon/Whole Food purchases.
by cowdogman
Sun Aug 09, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Pay Yourself Back
Replies: 22
Views: 2438

Re: Chase Sapphire Pay Yourself Back

I’d also perhaps make it a habit to scan the headlines at Doctor of Credit every day if you are interested in rewards and credit card/banking deals. I saw "Pay Yourself Back" in the daily The Points Guy email a few (several?) days before it was even on the Chase website or I received an email from ...
by cowdogman
Sun Aug 09, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Pay Yourself Back
Replies: 22
Views: 2438

Re: Chase Sapphire Pay Yourself Back

Yes, I haven't paid $$ for family groceries since May 1--about $4,500 so far--and still have 150,000+ points left. My goal is to get it to zero by September 30.
by cowdogman
Thu Aug 06, 2020 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Tracking Software
Replies: 22
Views: 1663

Re: Personal Finance Tracking Software

If you have the time and financial/technical skill, Excel. Microsoft now has "Money for Excel" which I tried a couple months ago when it first came out. It allows downloading from your accounts into an Excel template. It is very bare bones and I just have not had the time to devote to developing it ...
by cowdogman
Sun Aug 02, 2020 12:37 pm
Forum: Personal Investments
Topic: Paying 7y/o son as household worker
Replies: 82
Views: 5337

Re: Paying 7y/o son as household worker

I'm skipping over all the interim messages and just responding to the original post: Wouldn't it be easier, at least for a few years, to contribute to an UTMA or 529 and achieve tax-free growth that way. (I realize an UTMA is not tax-free, but unless you are talking large amounts of compensation to ...
by cowdogman
Sun Aug 02, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance and Covid question...
Replies: 21
Views: 1244

Re: Term life insurance and Covid question...

I think the standard response on this board is that life insurance is only needed when the surviving spouse will need the money to live comfortably, and should not be purchased as a potential windfall. I agree with that thinking. I suspect insurance rates for your age and profession will be high giv...
by cowdogman
Sun Aug 02, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Car Windshield Cracked [Insurance coverage]
Replies: 17
Views: 1575

Re: Car Windshield Cracked

+1 on all the comments above about comprehensive cover. My Volvo heated windshield was $1,400, but I had a $100 deductible.

Probably not applicable but windshield coverage is one of the (ridiculously expensive) add-ons dealers sell with a new car purchase. Did you buy it?
by cowdogman
Mon Jul 27, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: New Teen Driver Liability
Replies: 26
Views: 1819

Re: New Teen Driver Liability

OP: Take a look at owner/parent liability in your state for "family cars." Liability varies state to state but I will guess that what you find will cause you to put umbrella insurance in place immediately. There a lots of good threads on this board amount what the right amount is. An umbrella polic...
by cowdogman
Mon Jul 27, 2020 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: on emailing car dealers
Replies: 14
Views: 1470

Re: on emailing car dealers

I use fastmail.com, which allows you create and destroy aliases, as well as use wildcard address (like any-word-here@your-account.fastmail.com). You have to take some care that you are sending FROM those addresses, but if you create a new alias for every one you contact, you can shut them off easil...
by cowdogman
Sun Jul 26, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: New Teen Driver Liability
Replies: 26
Views: 1819

Re: New Teen Driver Liability

OP: Take a look at owner/parent liability in your state for "family cars." Liability varies state to state but I will guess that what you find will cause you to put umbrella insurance in place immediately. There a lots of good threads on this board amount what the right amount is. An umbrella policy...
by cowdogman
Wed Jul 22, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Selling paid off home
Replies: 7
Views: 1935

Re: Selling paid off home

Ask for the draft HUD form before closing. Make sure you understand and agree with every charge on the form. Make sure the net proceeds at the bottom on the HUD form are what you receive in your designated bank account after closing. Really not that complicated. And if there were a mortgage, it's no...
by cowdogman
Fri Jul 17, 2020 10:17 am
Forum: Personal Consumer Issues
Topic: Best online cloud storage for large hard drive?
Replies: 17
Views: 1205

Re: Best online cloud backup for large hard drive?

Assuming a fast connection at work, how long would it take to upload 400-500gb, assuming I left it running? Depends on your ISP's upload (not download) speed. If you're at 100 Mbps upload, about 12 hours. The are Mbps to GBs converters online--just Google it. Also note that some of the shadier back...
by cowdogman
Fri Jul 17, 2020 10:09 am
Forum: Personal Consumer Issues
Topic: Best online cloud storage for large hard drive?
Replies: 17
Views: 1205

Re: Best online cloud backup for large hard drive?

+1 for Dropbox for storage, unless you already have an Office 365 subscription, in which case OneDrive (because it is included for free)--you should compare Dropbox annual cost to the Office 365 subscription cost. (Just make sure whatever you pick works for all the devices you want to have access.) ...
by cowdogman
Thu Jul 16, 2020 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Tired Lawyer, Need career and life advice
Replies: 106
Views: 13739

Re: Tired Lawyer, Need career and life advice

Stay the course. I'm a commercial finance attorney. I semi-retired after 30 years. I worked in large firms and as general counsel for a large (in assets) company. Every career has its up and downs, and I think lawyers are especially prone to fantasizing about career changes or just walking away. In ...
by cowdogman
Wed Jul 15, 2020 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Death of estranged parent
Replies: 54
Views: 5864

Re: Death of estranged parent

I would stay away from this situation. Very little upside, potential time and expense sink. +1. Uninvolved during his life; don't get involved with his death. She should not get involved unless there is a reasonable change of a material financial upside. If she consults a lawyer (which is usually g...
by cowdogman
Tue Jul 14, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: 4-year-old Corolla on long trip
Replies: 51
Views: 3564

Re: 4-year-old Corolla on long trip

I've made that road trip many times, but starting in Seattle. I would take your car in for a general oil change/checkup right before the trip--make sure the tires and brakes are in good condition, all the lights (including turn signals) are working. My only hesitation is that it is fatiguing to driv...
by cowdogman
Sun Jul 12, 2020 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance Deduction
Replies: 2
Views: 460

Re: Umbrella Insurance Deduction

Hi, I have umbrella insurance that covers one of my rental properties. It also covers my personal property and vehicles. How do we calculate the correct amount of deduction for the rental portion? I cannot find this answer anyone online and hoping may someone here could give some insight. Thank you...
by cowdogman
Tue Jul 07, 2020 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: USPS Lost Taxes. Refile?
Replies: 13
Views: 1167

Re: USPS Lost Taxes. Refile?

Create an online account at the IRS--https://www.irs.gov/payments/view-your-tax-account.

Once you have access to your account, check to see if the filing is reflected--either what you filled out online or receipt by the IRS of the paper return.
by cowdogman
Tue Jul 07, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Erroneous Urgent Care Bill....it keeps coming!
Replies: 25
Views: 2896

Re: Erroneous Urgent Care Bill....it keeps coming!

I would send a certified letter addressed to management, reviewing the relevant account details and history, ask them to resolve it within 30 days and send written confirmation, and if they don’t, you will escalate to: Fair Debt Collections Practices, CMS, state medical boards, etc. not a lawyer an...
by cowdogman
Sun Jul 05, 2020 7:44 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 188
Views: 12690

Re: Neighborhood Noise

Hell is other people. At least the noisy ones. I totally get what you're saying. I think a quiet house is just luck. It really depends on who is living in your neighborhood and your immediate neighbors. So, don't do anything drastic/expensive, like move, without a lot of research. I live in an expen...
by cowdogman
Sun Jul 05, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Negative ultimate rewards balance on sapphire reserve
Replies: 24
Views: 1805

Re: Negative ultimate rewards balance on sapphire reserve

With the $300 grocery credit, the $100 global entry credit (mine expires this year) and the $450 annual fee (for this year), the Reserve will cost me $50 this year, which is less than the Preferred's $95 fee. I had already used my $300 travel credit by March. I had also used Priority Pass to get ab...
by cowdogman
Sun Jul 05, 2020 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Negative ultimate rewards balance on sapphire reserve
Replies: 24
Views: 1805

Re: Negative ultimate rewards balance on sapphire reserve

This post brings another line of thought. Part of the reason why many people are paying the hefty annual fee is that they travel frequently and use lounges. Now that most people are not traveling for work or pleasure, maybe chase should be asked to refund the fee Chase adjusted the benefits to enab...
by cowdogman
Sun Jul 05, 2020 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Negative ultimate rewards balance on sapphire reserve
Replies: 24
Views: 1805

Re: Negative ultimate rewards balance on sapphire reserve

Will the negative balance follow me on all chase cards that use ultimate rewards? Don't know for sure, but Chase keeps track of points by card--there is not one pool for all cards held by the cardholder--like Amex has. If you do a product change from the Reserve, the negative balance (I am guessing...
by cowdogman
Sun Jul 05, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Travel - How to get money back ?
Replies: 15
Views: 1277

Re: Chase Travel - How to get money back ?

I've had my own negative experiences with Chase Travel over the last few months. Don't give up--get the cash/points back. You're entitled to to them. By all means try chat (log into your Chase account, go to the UR section and find chat (if available)), but my guess is that you'll have better luck b...
by cowdogman
Sun Jul 05, 2020 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Negative ultimate rewards balance on sapphire reserve
Replies: 24
Views: 1805

Re: Negative ultimate rewards balance on sapphire reserve

This happened to me a few years ago with AmEx. I received a 50K point bonus for getting a Biz Gold Card. Before the first 12 month anniversary I cancelled. Never used the card, didn't like the benefits, preferred my Chase Ink card, etc. I don´t understand how you got a 50K point bonus without actua...
by cowdogman
Sun Jul 05, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Negative ultimate rewards balance on sapphire reserve
Replies: 24
Views: 1805

Re: Negative ultimate rewards balance on sapphire reserve

This happened to me a few years ago with AmEx. I received a 50K point bonus for getting a Biz Gold Card. Before the first 12 month anniversary I cancelled. Never used the card, didn't like the benefits, preferred my Chase Ink card, etc. Without notice AmEx clawed back the 50K bonus right after I had...
by cowdogman
Sat Jul 04, 2020 10:12 am
Forum: Personal Finance (Not Investing)
Topic: "Lost" Estimated Tax Payment
Replies: 15
Views: 1459

Re: "Lost" Estimated Tax Payment

After seeing a related thread a couple weeks ago I set up and EFTPS account. I have used DirectPay in the past, and I also have an account with the IRS so that I can see payment history. Other than the lengthy EFTPS account setup (waiting for a PIN and enrollment number in the US Mail) and the somew...
by cowdogman
Fri Jul 03, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Optimizing PPP Forgiveness
Replies: 351
Views: 24758

Re: Optimizing PPP Forgiveness

I just got an email today that BofA will begin accepting forgiveness applications in early August, so maybe by then we'll have more info. Same. Cheers Please correct me if I'm wrong (I have not been paying close attention for the last few weeks) but for self-employed/Schedule C borrower seeking 100...
by cowdogman
Thu Jul 02, 2020 4:56 pm
Forum: Personal Consumer Issues
Topic: Getting a Refund (or any response) from Delta Seems Impossible
Replies: 29
Views: 1800

Re: Getting a Refund (or any response) from Delta Seems Impossible

I just called Delta (800-221-1212) and got thru and it appears they are taking calls. When asked why I was calling I said "refund" and was provided a different number to call. I didn't have to put in my Skymiles number. I had to cancel a couple Delta flights in March and found Delta easy to reach/de...
by cowdogman
Tue Jun 30, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

I'll wait until the end of the year and check the impact -- although it's still an inexact science because I won't know my retirement tax rate. I have a similar spreadsheet for our current taxes and was planning on updating with the 1099 rules anyway. One more general input for you: 401(k)s are, of...
by cowdogman
Tue Jun 30, 2020 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

My understanding is that while these deductions are still beneficial -- the benefit is reduced on both the pre-tax "employer" and "employee" contributions into solo 401k because they both reduce the QBI deduction. This is why I was planning on just doing a Roth contribution for the "employee" contr...
by cowdogman
Tue Jun 30, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

As far as home office deduction... I will probably plug it into my tax software for fun, but I expect for our situation we won't even be itemizing. For a sole proprietor the home office deduction is taken on Schedule C. Whether or not you itemize is irrelevant. But yes, you should run the numbers a...
by cowdogman
Tue Jun 30, 2020 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

Yes, the limits are the same for a sole proprietor. The details might be slightly different. For example, you might be able to put more into a sole proprietor 401(k) since all of your business income is eligible for contributions. For an S-corp, only your W-2 wage income is eligible for contributio...
by cowdogman
Tue Jun 30, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

Try to qualify for a home office deduction. what is there to 'try'? if you are truly using specific space your place of business => then you are. if not, not. From the IRS website: Requirements to Claim the Home Office Deduction Regardless of the method chosen, there are two basic requirements for ...
by cowdogman
Tue Jun 30, 2020 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

Try to qualify for a home office deduction. No. Not worth the hassle. It is a pittance. I base this upon 24 years as a 1099 worker. As with any tax strategy run the numbers and see if it's worth it. Keep in mind the home office deduction not only reduces your income tax, it also reduces your payrol...
by cowdogman
Mon Jun 29, 2020 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

Elric wrote:
Mon Jun 29, 2020 4:16 pm
cowdogman wrote:
Mon Jun 29, 2020 10:58 am
I believe you need to be an SP to take the self-employed health insurance deduction
This is incorrect. You can be a single person LLC treated as a pass-through on your federal taxes and take the deduction.
I stand corrected. Thanks.
by cowdogman
Mon Jun 29, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: Update current laptop or buy new one?
Replies: 58
Views: 3988

Re: Update current laptop or buy new one?

Good evening everyone. Thank you so much for the great insight, feedback, and advice. I truly, greatly appreciate it. After reading everyone's comments, I decided that I will try to upgrade the HDD to a SSD, as a trial as well as a fun project. I found some fairly reasonably priced SSDs on crucial....
by cowdogman
Mon Jun 29, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: IRS broadens rollover options for 2020 RMD distributions
Replies: 47
Views: 3019

Re: IRS broadens rollover options for 2020 RMD distributions

After I read this thread and a related article on Forbes, I called Vanguard to ask that my 2020 inherited IRA distribution be rolled back. At first the employee didn't think I could do it, but I mentioned that the IRS updated its policy recently. I was put on hold for a little while and when the re...
by cowdogman
Mon Jun 29, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Advice on WiFi vs. Wired at Home?
Replies: 34
Views: 2257

Re: Advice on WiFi vs. Wired at Home?

My wife has moved her music teaching business on line and my son is doing an east coast music camp this summer via Zoom and other conferencing tools. So I have spent the last couple months upgrading and making sure there is redundancy in our system. For me Wired vs WiFi is not just a question of spe...
by cowdogman
Mon Jun 29, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

P.S., Don't forget about state and local business licenses and tax. Not sure how many 1099 people comply with these requirements but you should look into it.
by cowdogman
Mon Jun 29, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Switching from W2 to 1099 contractor. Seeking advice.
Replies: 43
Views: 1844

Re: Switching from W2 to 1099 contractor. Seeking advice.

Sounds like you have a pretty good handle on the issues. My wife has had a sole proprietor business for almost 30 years. On the 401(k) and QBI deduction, just run your tax numbers when you get near the end of the year to decide whether a pre-tax contribution is that beneficial. Set up your 401(k) so...