Search found 1365 matches

by earlyout
Wed Jun 19, 2019 8:08 am
Forum: Personal Consumer Issues
Topic: How to take care of this mold in the bathroom
Replies: 8
Views: 1027

Re: How to take care of this mold in the bathroom

1. Find and fix where water is getting from the shower to the wall/baseboard. 2. Remove old caulk where the shower door frame meets the wall and where it sits on the shower tray. 2. Remove the damaged/rotted base trim on the damaged wall, clean and repair the wall, install new trim along the wall, r...
by earlyout
Tue Jun 11, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How best to give broker payment to get apartment and win a race
Replies: 14
Views: 1326

Re: How best to give broker payment to get apartment and win a race

I wanted to pay someone $4500 in a hurry recently and used Zelle. Even though the limit on a Zelle payment at my bank (Wells Fargo) is $2500 I found that if I could send an "expedited" payment for $2100 and a "pay now" payment for $2400 within minutes of each other. Don't know if that will still wor...
by earlyout
Mon May 27, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Blended Family Issues and Keeping Things Equal
Replies: 38
Views: 3275

Re: Blended Family Issues and Keeping Things Equal

And for the sake of your relationship, make sure you discuss all of this with your wife.
by earlyout
Sun May 19, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security replacement annuity -- Is there such a product?
Replies: 43
Views: 2887

Re: Social Security replacement annuity -- Is there such a product?

Perhaps, at the death of the first spouse, purchase an annuity to provide the lifetime income needed or desired. This. With what money? I thought it was obvious, but I was looking for a solution that hedged or transferred risk (in exchange for an up-front premium). You know, like insurance. Unless ...
by earlyout
Sun May 19, 2019 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 316
Views: 21709

Re: Selling Home: Demanding Buyer Part 2 (picture)

The buyer thinks it is a problem and wants to get it checked out. If I were selling the house I would do what the buyer asks. If the sale falls through, the next potential buyer may request the same thing since it looks like an obvious problem. (It may be as simple as a little emory cloth and a can ...
by earlyout
Fri May 17, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning - Structure and schedule of financial support for heirs
Replies: 7
Views: 1037

Re: Estate Planning - Structure and schedule of financial support for heirs

As mentioned above, it will be a much more productive meeting with your attorney if you write down exactly what you want to accomplish with your estate, not how to do it. Discuss your objectives the the attorney and let the attorney decide the best method to accomplish your goals.
by earlyout
Sat Apr 20, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Replacing heat pump & duct work
Replies: 7
Views: 674

Re: Replacing heat pump & duct work

Cost will depend on several factors before we can comment on your estimate. How big is your house? Single zone or multiple zones? What is the size of your old compressor and your old air handler? Are the quoted items the same size? What is the efficiency rating of the new compressor? One, two or var...
by earlyout
Mon Apr 01, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is Georgia 65k Retirement Income Exclusion allowed for Roth Conversion
Replies: 5
Views: 450

Re: Is Georgia 65k Retirement Income Exclusion allowed for Roth Conversion

I have been making Roth conversions here in Georgia for several years. IRA distributions that are converted to a Roth IRA are treated the same as any other IRA distribution. They are included in total income as "Taxable IRA Distributions" but can be part of the $65,000 retirement income exclusion th...
by earlyout
Mon Feb 25, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: QBI from a 1099
Replies: 5
Views: 406

Re: QBI from a 1099

Net profit from Schedule C is considered qualified income.
by earlyout
Tue Feb 12, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 31066

Re: Tax 2018: Shock and Awe

Not quite postcard size. The largest postcard accepted by the U.S. Post Office is 4.25" x 6" (25.5 sq in). This years 1040 tax form is a half sheet of paper 8.5" x 5.5" (46.75 sq. in.).
by earlyout
Tue Feb 05, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to have spouse take Medicare instead of private health insurance?
Replies: 14
Views: 796

Re: When does it make sense to have spouse take Medicare instead of private health insurance?

First of all, I would make certain that your company does not require employees and/or dependents to have Medicare as their primary medical insurance when they turn 65. Most big companies require this and the company then provides or subsidizes secondary medical insurance. Also, keep in mind that wi...
by earlyout
Thu Jan 03, 2019 9:07 pm
Forum: Personal Investments
Topic: Am I forced to use Tax Loss Harvest offsets this year?
Replies: 4
Views: 490

Re: Am I forced to use Tax Loss Harvest offsets this year?

Any taxable income, dividends and interest, Social Security, self employment or earned income, will be offset up to $3000 by the capital loss. You do not get to choose when you use it.
by earlyout
Thu Jan 03, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: HE Washer/Dryers - What do you have..are you pleased?
Replies: 33
Views: 2448

Re: HE Washer/Dryers - What do you have..are you pleased?

Ours is an HE Maytag top loader for the past 3 years. No trouble at all. As others have noted, it can't be opened once a cycle starts, it has no agitator and appears to use almost no water but clothes always come out clean and fresh using cold water and Tide. No complaints. The gas dryer is a 20 yea...
by earlyout
Tue Dec 25, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Automating expense tracking
Replies: 37
Views: 2715

Re: Automating expense tracking

My suggestion for saving a lot of your wasted time is to stop using so many accounts. Can't you cut back to 1 or 2 credit cards and 1 or 2 bank accounts? I have kept track of daily expenses for many years and I find the time to maintain my data files seems to go up exponentially with the number of c...
by earlyout
Mon Oct 29, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: E911 Service
Replies: 20
Views: 1286

Re: E911 Service

Since Google Voice does not provide 911 service I use voip.ms to support my OBi interface. It costs me about $25 per year including e911. voip.ms has been very reliable and high quality for the 5 years or so that I have used it.
by earlyout
Fri Oct 19, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Fairmark Forum (Tax Forum)
Replies: 23
Views: 2403

Re: Fairmark Forum (Tax Forum)

When I registered for the new forum I used a different user name and email address than I had used for the old forum. I went back and looked for a place to log in to the new forum using my new credentials but could find nothing. Alan S. has a post on the new forum so perhaps he will chime in here or...
by earlyout
Fri Oct 12, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Add-on Hot water Heat pump
Replies: 12
Views: 954

Re: Add-on Hot water Heat pump

What's the purpose of the heat pump? Wouldn't they have to be almost 100% efficient to save any energy?
by earlyout
Mon Aug 20, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive Emergency Room Charges - Options?
Replies: 207
Views: 12752

Re: Excessive Emergency Room Charges - Options?

What kind of health insurance do you have? ER visits are usually expensive and In a true emergency, most insurers will cover both in-network and out-of-network facilities. Since the billing agrees with the EOBs from your insurance company and there are still sizable amounts due, it appears you have ...
by earlyout
Sun Aug 12, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Companies
Replies: 64
Views: 6399

Re: Medicare Supplement Companies

I am going on Medicare soon and am wondering which of the following companies, if any, you can recommend. How have the price increases been on your policy? I plan on purchasing Plan G from either Cigna, Mutual of Omaha or AARP United Healthcare. Cigna and Mutual of Omaha are around $105. The AARP p...
by earlyout
Sun Aug 12, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Supplement Companies
Replies: 64
Views: 6399

Re: Medicare Supplement Companies

I am going on Medicare soon and am wondering which of the following companies, if any, you can recommend. How have the price increases been on your policy? I plan on purchasing Plan G from either Cigna, Mutual of Omaha or AARP United Healthcare. Cigna and Mutual of Omaha are around $105. The AARP p...
by earlyout
Sun Aug 12, 2018 4:14 pm
Forum: Personal Consumer Issues
Topic: Why do two monitors with the same resolution display differently?
Replies: 10
Views: 830

Re: Why do two monitors with the same resolution display differently?

I have a new 13" laptop with a 1080 x 1920 screen. The default scale factor in a new Win10 install for this display is 150%. The default scale factor on the same machine for a 24 inch 1200 x 1920 display is 100% and the big monitor displays a lot more information. I have not measured how much more b...
by earlyout
Thu Jul 26, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Home insurance - high impact shingles
Replies: 4
Views: 661

Re: Home insurance - high impact shingles

Why don't you ask your roofer for the address of a house near you that has a high impact composite shingle roof that was installed before the hail storm that damaged your room a year ago? Does that composite shingle roof appear to be damaged? Was it replace?
by earlyout
Mon Jul 09, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: Cost of adding AC and change pipes to old house
Replies: 12
Views: 1140

Re: Cost of adding AC and change pipes to old house

We need a lot more information before we could even guess the costs. Is there a basement? Is there an attic to provide access to the ceilings on the second floor? What size (how many amps) electric service do you have? Does your present furnace have duct work or is it radiant heating of some kind? D...
by earlyout
Tue Jul 03, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Assisted living move for my elderly parents
Replies: 8
Views: 1524

Re: Assisted living move for my elderly parents

You mention that memory loss is already a problem so a move to memory care may be much sooner than you think. Does this ALF have a memory care unit? What criteria does this ALF use to decide if a person should move to memory care? What are the costs for memory care? Will your parents be separated wh...
by earlyout
Mon Jun 11, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Water heater installation situation
Replies: 57
Views: 5595

Re: Water heater installation situation

The first question to answer is why is it installed on a platform? Is it up from the floor because of potential flooding or for some other reason? If there are good reasons why the new water heater should not sit on the floor ask the contractor what kind of platform or stand is allowed by code. My g...
by earlyout
Sat May 19, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Alzheimer's Disease, Long Term Care, and your Retirement Finances
Replies: 83
Views: 9023

Re: Alzheimer's Disease, Long Term Care, and your Retirement Finances

One must be careful in discussions like this with the terminology being used. I wonder if the person quoted by the OP was talking about dementia or was he talking specifically about Alzheimer's disease? If he was talking only about Alzheimer's Disease, I think he was using wildly inflated numbers. I...
by earlyout
Tue May 08, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: 36" or 42" wide Refrigerator?
Replies: 33
Views: 4130

Re: 36" or 42" wide Refrigerator?

You mention your current 36" is 25.5cu. ft. I'm guessing it is not counter depth. It is unlikely you can get that much space in a counter depth 36". I have a 42" built-in side by side and it is 25 cu ft. If you can get by with less storage than you have now a 36" counter depth would be an attractive...
by earlyout
Sat May 05, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software
Replies: 17
Views: 1524

Re: Tax software

Nothing unusual about your situation and any readily available tax software should do the job. If you have a favorite tax software or one you have used in the past, I'd stay with that software. Don't forget that the standard deduction doubles next year and that will allow you to convert more of your...
by earlyout
Mon Apr 30, 2018 4:41 pm
Forum: Personal Investments
Topic: Need to amend 2017 tax returns / Wrong IRA info ... advice?
Replies: 5
Views: 411

Re: Need to amend 2017 tax returns / Wrong IRA info ... advice?

If you insist on doing it yourself my suggestion would be to get a copy of 2017 TurboTax for you PC. You will first have to recreate the 2017 returns that were completed by the account and then use TurboTax to create the amended returns and the 1040X you need. Doing this all by hand when you have ne...
by earlyout
Mon Apr 30, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Alternatives to Sansa Clip+ MP3 Player
Replies: 63
Views: 8685

Re: Alternatives to Sansa Clip+ MP3 Player

I never had an iPhone or iPod or iPad. I have purchased two Android smartphones, one in 2013 and the other in 2017. Both are still in the boxes they arrived in. One day, I will unpack one of them. Or may be I'll buy the third one. I have several laptops but they all are rather large and I am lookin...
by earlyout
Mon Apr 30, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Medicare Advantage vs. Supplemental
Replies: 77
Views: 9294

Re: Medicare Advantage vs. Supplemental

I had an interesting experience with an offer for an "in home physical" sponsored by my Medicare Advantage insurer last year. The physical would be free to me (paid for by Aetna). I called the group that would be doing the physical to inquire whether or not the results of the physical would be share...
by earlyout
Mon Apr 30, 2018 5:57 am
Forum: Personal Finance (Not Investing)
Topic: How to price condo for private sale?
Replies: 14
Views: 1273

Re: How to price condo for private sale?

Why don't you each hire a professional appraiser to give you a current value of the property and then negotiate the difference between the two appraisals?
by earlyout
Thu Apr 19, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Master Bath remodel price?
Replies: 29
Views: 4333

Re: Master Bath remodel price?

Price is on the high side IMO for 130 sf bath but a lot depends on the quality of the tile, cabinetry and fixtures you plan to use. Moving the toilet is a major expense and may involve taking down (and later repairing) the ceiling below the bathroom to rearrange the plumbing.
by earlyout
Mon Apr 16, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Can I *not* claim all the state tax in my itemized deduction?
Replies: 39
Views: 5745

Re: Can I *not* claim all the state tax in my itemized deduction?

Okay so you don't include the excess on Schedule A. The state already has the money and your state return will include the amount w/h for state taxes which is more than the tax owed. You will get a refund and a 1099-G. It is the 1099-G that makes it reportable income.
by earlyout
Sat Apr 14, 2018 4:03 pm
Forum: Personal Consumer Issues
Topic: What percentage of you 2017 income can you account for?
Replies: 49
Views: 4832

Re: What percentage of you 2017 income can you account for?

Also track expenditures with Quicken. Cash, credit card and check outlay is all entered and categorized. Less than 0.5% in a misc. category.
by earlyout
Fri Apr 13, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Federal Tax Credit If Filing After Apr 17
Replies: 10
Views: 667

Re: Federal Tax Credit If Filing After Apr 17

I googled this situation and TurboTax indicates it is applied to your first quarter estimate. Entering it on Form 2210 as being paid in the first quarter should be the correct thing to do. IIRC that is the earliest date that can be used on Form 2210. https://ttlc.intuit.com/questions/1901277-how-do-...
by earlyout
Fri Apr 13, 2018 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Federal Tax Credit If Filing After Apr 17
Replies: 10
Views: 667

Re: Federal Tax Credit If Filimg After Apr 17

I'm not certain what you are asking. Do you want the IRS to hold your refund and apply it your taxes for 2018 income? If so, I think the IRS would consider it paid on the date you file your taxes. Until you actually file, the IRS does not know the exact amount of your refund.
by earlyout
Fri Mar 30, 2018 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Applying for Medicare - now or later?
Replies: 20
Views: 2371

Re: Applying for Medicare - now or later?

Suggest you talk to your benefits people in HR and make certain that your employee health plan does not require you to start Medicare Parts A & B at age 65. Many corporate health insurance plans require this and the employee plan is then your secondary/supplemental health insurer.
by earlyout
Sun Mar 25, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Reverse Mortgage and nursing home expenses
Replies: 15
Views: 1252

Re: Reverse Mortgage and nursing home expenses

I would strongly encourage you and your mother to meet with a competent elder law attorney to discuss her finances and to start planning on how to pay for her future care if and when needed. He should be able to answer your questions regarding qualifying for Medicaid assistance and provide informati...
by earlyout
Mon Mar 19, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Advance on Credit Card for $3K Car
Replies: 43
Views: 3264

Re: Cash Advance on Credit Car for $3K Car

I spoke with a local banker about small car loans / personal loans with a low monthly payment. I am in the process of buying my first car for under 3K. He advised me to go with a a 0%APR for 12 months credit card with no cash advance fees (he was not selling this-- they did not offer one). I have f...
by earlyout
Fri Mar 16, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 155
Views: 12555

Re: Need for Medicare supplemental plan?

Isn't it obvious that supplemental health insurance has to be losing proposition for the average individual? (Unless you need it of course.) Supplemental insurance is a commercial product and the insurance companies would not sell it unless they could make a profit. I can't self insure for a catastr...
by earlyout
Sun Mar 11, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Huge special assessment on Condo?
Replies: 60
Views: 7269

Re: Huge special assessment on Condo?

Having lived in condominiums for 30 of the past 40 years, I would walk away from any building that was 40% rental. The goals of absentee owners and resident owners are usually not the same and any repairs or improvements would become a major issue. With 40% of the units rented, 85% of the resident o...
by earlyout
Sat Mar 10, 2018 7:42 pm
Forum: Personal Investments
Topic: Rent Vs. Buy Spreadsheet
Replies: 1
Views: 448

Re: Rent Vs. Buy Spreadsheet

Have you checked the NY TImes Rent vs. Buy calculator at their website? It is usually revised as needed to reflect current law but I do not know if it has been updated for the recent changes in federal income tax rules.
by earlyout
Sat Mar 10, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tax question on IRA deduction.
Replies: 5
Views: 477

Re: Tax question on IRA deduction.

No, you can only get credit for what you contribute to your IRA.
by earlyout
Sun Mar 04, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to recover 2016 income tax inappropriately withheld?
Replies: 7
Views: 456

Re: How to recover 2016 income tax inappropriately withheld?

Did your mother report the $5000 income and the $1000 income tax withheld on her income tax return for TY2016? If she did, there is no $1000 to recover since it was taken care of in that return. If she did not include them, she will need to file an amended return for 2016 and include the income and/...
by earlyout
Fri Feb 23, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads: What are you doing to prepare for dementia/alzheimers?
Replies: 60
Views: 6793

Re: Bogleheads: What are you doing to prepare for dementia/alzheimers?

Besides the POA for healthcare you might want to discuss and document how you would like to be taken care of as your dementia progresses. Guides for such end-of-life discussions are available -- "The Conversation Project" (use Google) and www.dementia-directive.org. I am not affiliated with either b...
by earlyout
Tue Feb 20, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Capital Gains for two states
Replies: 3
Views: 404

Re: Capital Gains for two states

You should also study the instructions for the state income tax returns. Different states may not treat capital gain the same.
by earlyout
Tue Feb 13, 2018 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Question for TaxAide Volunteers
Replies: 10
Views: 1200

Re: Question for TaxAide Volunteers

When I was preparing the return for a Tax-Aide client yesterday it was a pleasant surprise to have carryover data from his last year's Tax-Aide return. The return from last year had not been done at our site but was from a different district in the same state. I was also surprised when there was no ...
by earlyout
Sat Feb 10, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Playing with Excel Pie Charts: Asset Allocation Visualizer
Replies: 19
Views: 4196

Re: Playing with Excel Pie Charts: Asset Allocation Visualizer

[/quote] You might consider a slice for cash.. retired people can easily keep a meaningful slice of cash, money market & cash like CD's. [/quote] We often talk about AA as a simple ratio of fixed income and equities -- 60/40, 50/50 etc. Since there is an extra ring for the bond sector why not use "F...