Search found 159 matches

by Sasquatch
Wed Aug 15, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: How does rental property profit effect MAGI?
Replies: 3
Views: 284

Re: How does rental property profit effect MAGI?

Spirit Rider wrote:
Wed Aug 15, 2018 8:11 pm
What are you going to do with the proceeds from the loan?
2018 is the first tax year for this new rental. The loan is for the rental. I know the rent will lower the taxable profit I was not sure if it would effect MAGI
by Sasquatch
Wed Aug 15, 2018 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: How does rental property profit effect MAGI?
Replies: 3
Views: 284

How does rental property profit effect MAGI?

If I set up a LLC for my rental property can I have the LLC pay my health insurance premiums? That would reduce net profit on the property. Would that effect MAGI? Would I have to be a employee of the LLC and generate a W2 for that to work? How about a loan on the rental? Again, expense reduces net ...
by Sasquatch
Tue Aug 14, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Residential vs Commercial Property Landlord
Replies: 6
Views: 610

Re: Residential vs Commercial Property Landlord

I sold my commercial buildings and went to all residential. I ran a mod gross in one building and NNN in another. If you lose a tenant it’s really hard to lease out a 10,000 sf office building to one tenant. Then there’s the matter of build out allotments if you want to entice new businesses which c...
by Sasquatch
Tue Aug 14, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Best consumer products - made in USA
Replies: 62
Views: 2859

Re: Best consumer products - made in USA

Deka, industrial, automotive & RV Batteries by East Penn manufacturing.
by Sasquatch
Tue Aug 14, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 62
Views: 3804

Re: Using ACA for early retirement years

Also wanted to add: if you do get ACA subsidy, check to see if your state is one which implemented the "Silver Switcheroo" (google that term to get a list, or the "ACA Signups" web site linked in my other post has a list as well). If so, you might find that a Gold plan with better benefits is actua...
by Sasquatch
Tue Aug 14, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Using ACA for early retirement years
Replies: 62
Views: 3804

Re: Using ACA for early retirement years

I think this is the most likely outcome. Several states have already, or are in the process of putting in state level protections similar to ACA in some respects. MA had "RomneyCare" before ACA. Part of my planning includes living in a state that has been supportive of ACA spirit/intent and has or ...
by Sasquatch
Tue Aug 14, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs 3-fund portfolio
Replies: 12
Views: 1340

Re: VTSAX vs 3-fund portfolio

Lot of different variables in play. I am getting very close to retirement. My risk tolerance would never allow 100% equities at this station of my life. Now, 15 years ago, I was in a different place entirely(accumulation) and was considerably more aggressive with my holdings. Would it outperform? Ma...
by Sasquatch
Sun Aug 12, 2018 7:52 pm
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1296

Re: Unlocked iPhone on eBay or Amazon?

Gazelle is another option

https://www.gazelle.com/
by Sasquatch
Sat Aug 11, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Sucking up to make more money?
Replies: 46
Views: 1966

Re: Sucking up to make more money?

Effective interaction to achieve a specific outcome. How you interact with people is not sucking up. It’s a product of effective interaction. It’s an essential tool to have positive outcomes. Often times it benefits the person you are interacting with. Each person has a unique style and temperament....
by Sasquatch
Fri Aug 10, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Should I accept a large cash gift from my mother?
Replies: 43
Views: 5081

Re: Should I accept a large cash gift from my mother?

I might might also use some of the money to plan a trip or some other fabulous experience with her while her health is still good, and use the rest as you outlined. +1 My FIL passed unexpectedly but left my MIL in good shape financially. She took her daughters & their family’s to Hawaii one year an...
by Sasquatch
Thu Aug 09, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Junk Mail
Replies: 28
Views: 2483

Re: Junk Mail

The other day someone put a flier on my windshield, any advice on how to stop this from happening? I once worked for a business with a very large parking lot. I call he number on the flyer and tell the person to send someone over to pick up all the flyers on the ground. Otherwise, I will call the p...
by Sasquatch
Thu Aug 09, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Two voices in my head
Replies: 36
Views: 2739

Re: Two voices in my head

Regardless of how you invest I think the huge thing is you have time on your side. 40 years is a ton of compounding. Stay consistent. Dollar cost average in any market climate. Be consistent. Don’t panic in a downturn, just keep plugging along. The tortoise wins this way. https://einvestingforbeginn...
by Sasquatch
Wed Aug 08, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Enough for Retirement vs Vacation Home
Replies: 36
Views: 3518

Re: Saving Enough for Retirement vs Vacation Home

I would not do it. Looking back on my 30 years of investing the most valuable dollars I averaged into the market were the ones I did in my 20s. I was just starting out and my wage was not really high. The 15% 401k investment was relatively small. However, the power of compounding on those dollars in...
by Sasquatch
Tue Aug 07, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: Moving soon; whom to hire to help me move?
Replies: 27
Views: 2191

Re: Moving soon; whom to hire to help me move?

I use only licensed, bonded,insured professionals. Allied did my last move which was many years ago and did a good job. No complaints. I work for a company that also uses outside contractors. They will occasionally post ads on craigslist for day labor. I don’t know why but about 30% are quite good b...
by Sasquatch
Mon Aug 06, 2018 11:36 pm
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 2905

Re: Relaxing - quieting the mind

Yoga has helped me a lot in this area. It does eat up a bit of time though. It’s worth it to me.

Something else to consider https://www.amazon.com/Art-Mindfulness- ... hahn+books
by Sasquatch
Sun Aug 05, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: What prevents residential real estate buyers from colluding to bring down prices?
Replies: 32
Views: 2564

Re: What prevents residential real estate buyers from colluding to bring down prices?

MNS CA wrote:
Sun Aug 05, 2018 4:37 pm
What stops potential buyers from finding each other and agreeing not to bid against each other
Greed
by Sasquatch
Sun Aug 05, 2018 7:45 pm
Forum: Personal Consumer Issues
Topic: Maui Hawaii Trip - How to save money?
Replies: 52
Views: 4667

Re: Maui Hawaii Trip - How to save money?

We stayed at the Napili Kai in Lahaina. We ate at some food trucks in downtown Lahaina and there was a Maui taco close to the resort that was really tasty and comparatively reasonable price. I cut my burrito in half and got two meals out of it along with some fruit. Also hit Costco on the way to loa...
by Sasquatch
Sun Aug 05, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Perfecting Cold Brew Coffee
Replies: 14
Views: 1286

Re: Perfecting Cold Brew Coffee

I just followed the Toddy instructions and I am a happy camper. I do like a 20 hr brew time over 12. Seemed like it yielded a stronger concentrate. Does have a bit more “bite” than a shorter brew like KF mentioned.
by Sasquatch
Sun Aug 05, 2018 7:00 pm
Forum: Personal Consumer Issues
Topic: input on trip to Spokane, Coeur D'Alene
Replies: 25
Views: 1607

Re: input on trip to Spokane, Coeur D'Alene

I have only heard of this place through friends. Never tried it.

https://www.google.com/search?q=whoopem ... 2621977761
by Sasquatch
Sun Aug 05, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11284

Re: Treasury Bonds are the Only Bonds You Need

However, if they have access to a good stable value fund with a decent yield, I'd prefer that. Kevin I’m at 40% TBM & 10% capital preservation portfolio (roughly 2 yrs expenses). Are you suggesting more CPP would be better? Only other bond fund available to me is PIMIX.I am retiring very soon. http...
by Sasquatch
Sun Aug 05, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Perfecting Cold Brew Coffee
Replies: 14
Views: 1286

Re: Perfecting Cold Brew Coffee

Equipment: I use a Toddy Cold Brew system , which looks very similar to the Filtron that DSInvestor mentioned. I know this thread is a bit old but based on your recommendation along with Amazon reviews I bought a Toddy setup. It did not disappoint :thumbsup . Bought a basic cuisinart grinder at the...
by Sasquatch
Sat Aug 04, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Costco auto buying service is USELESS!
Replies: 43
Views: 26512

Re: Costco auto buying service is USELESS!

I am an absolutely TERRIBLE negotiator and I beat the Costco deal twice. Once I went in on the last day of the month following the Costco protocol. That ended up mearly being a starting point. I got up and walked out twice mainly because of the high pressure sales pitch I could not take and the pric...
by Sasquatch
Fri Aug 03, 2018 12:21 am
Forum: Investing - Theory, News & General
Topic: How to calculate Real Estate in your Asset Allocation
Replies: 19
Views: 1945

Re: How to calculate Real Estate in your Asset Allocation

Not part of my AA. Simply a different income stream.
by Sasquatch
Thu Aug 02, 2018 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I count rental equity towards our retirement number?
Replies: 9
Views: 538

Re: Should I count rental equity towards our retirement number?

I include the cash the rental throws off but not the asset itself.
by Sasquatch
Wed Aug 01, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2058

Re: Time to sell my 2003 Accord?

All the items you list are wear items. If you like the car repair and keep it. Honda makes a excellent product. I have a 2006 Chevy diesel pickup with 130k. I like the truck and it has never left me stranded. It goes to the shop yearly for a inspection. I fully expect to spend $1000 every year on ma...
by Sasquatch
Wed Aug 01, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: DW job in dangerous area
Replies: 90
Views: 6721

Re: DW job in dangerous area

Do your due diligence as suggested. However, if your uncomfortable why do it? It’s neither right or wrong but your perception is your reality.
by Sasquatch
Tue Jul 31, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: High expense ratio worth it/Portfolio review
Replies: 48
Views: 3417

Re: High expense ratio worth it?

P 35 of the bogle heads guide to the three fund portfolio by Taylor Larimore Re: A study done by Financial Research Corporation Concluded. “ the expense ratio is the only reliable predictor of future mutual fund performance” Highly recommend you pick up a copy of this book. 73 pages chocked full of ...
by Sasquatch
Tue Jul 31, 2018 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14131

Re: Net worth of $3.7M at age 47 - can we retire?

Probably a dumb question but have you modeled any of this on firecalc, i-Orp, and portfoliovisualizer?
by Sasquatch
Mon Jul 30, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2511

Re: Use attorney or software for simple will

We used an attorney and are happy we did. We also wanted a point person our executor can talk to when it’s time to execute.
by Sasquatch
Mon Jul 30, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Best MacBook Value
Replies: 40
Views: 3064

Re: Best MacBook Value

I recently purchased a 2015 MacBook Pro off eBay for $600 shipped. Couple of light scratches on the lid, perfect screen and lots of battery cycles left. Happy with purchase.

I upgraded from an old core 2 quad desktop so despite it being a i5 processor it was a major jump up for me.
by Sasquatch
Mon Jul 30, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9413

Re: Realities of Early Retirement Model (FIRE)?

Yes, yes, and yes. Being able to FIRE essentially requires one to be a millionaire, and data have shown that very few millionaires inherited a significant portion of their wealth. It’s also likely there are many, many self made millionaires who you would never guess are wealthy. For every 1 “online...
by Sasquatch
Sun Jul 29, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Any problems with freezer "drawer" models
Replies: 40
Views: 2752

Re: Any problems with freezer "drawer" models

We have Maytag & Jenn Air “drawer” bottom freezer. Love em’. The Jenn Air refrigerator portion is a French door type. The Maytag is a 1 piece top door which we prefer.
by Sasquatch
Sun Jul 29, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Air Conditioning? [How to finance?]
Replies: 76
Views: 4888

Re: Air Conditioning?

We just had a home built last year and the pricing /build sheet says $3800 for a 2 level 1750sf home.

I am in the PNW also and the thermometer says 91 in the shade right now. You might look to your power company as well. Sometimes they give incentives and free energy savings inspections of your home.
by Sasquatch
Sun Jul 29, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: Losing cable Internet connection periodically
Replies: 11
Views: 775

Re: Losing cable Internet connection periodically

Have you tried a network cable from modem straight into a laptop or your TV if it has a Ethernet port? Cable company had me do this then came out and it was a cable install issue. I have a Arris gateway all in one.
by Sasquatch
Sun Jul 29, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: need an outback, new, used or lease?
Replies: 29
Views: 2143

Re: need an outback, new, used or lease?

We have a 2014 outback premium 2.5. We bought new from loss leader ad out of the Saturday paper. Great car but underpowered if you live in mountainous areas. Go up to the 3.6R. For a basic transport car I generally buy new, maintain them well, and keep a long time. We retired our Toyota Matrix at 13...
by Sasquatch
Fri Jul 27, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another "can I afford it"?
Replies: 42
Views: 3902

Re: Yet another "can I afford it"?

You can always rent a few of your top picks for the day. If your in a large metro area the selection is pretty decent.

https://turo.com
by Sasquatch
Fri Jul 27, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Tips for staying active / injury-free into older age
Replies: 130
Views: 9303

Re: Tips for staying active / injury-free into older age

Yoga, swimming laps, and walking. Yoga is my favorite, I get a good sweat going but the calming of the mind is what does it for me. 52 next month
by Sasquatch
Fri Jul 27, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Yet another "can I afford it"?
Replies: 42
Views: 3902

Re: Yet another "can I afford it"?

You likely worked very hard to achieve that level of earnings. Have a LITTLE fun.

If you like the 5 series at least get the M series. I am more partial to the Audi’s in RS trim. The Audi’s suffer brutal depreciation in the first couple of years. My ultimate dream is the McLaren 12c
by Sasquatch
Fri Jul 27, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

Thanks to all of you for your posts. I always seem to take away a little nugget of knowledge / perspective when I pose questions / comments

Again, thank you, much appreciated :happy :thumbsup
by Sasquatch
Thu Jul 26, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

jimmy wrote:
Thu Jul 26, 2018 9:19 pm
OP -Just curious, did you consider NUA tax strategies?
Yes, briefly. My CPA said it was about a wash vs. my effective tax rate.
by Sasquatch
Thu Jul 26, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

Thanks KF I always enjoy reading your posts.
by Sasquatch
Thu Jul 26, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

How do you folks keep from loosing your mind when you miss the boat on a stock? I was Extremely heavy on company stock. Super dangerous entering FIRE. I sold in May and the stock has run up 16% as of today. I left mid six figures on the table :oops: Now I am fully diversified in Vanguard index fund...
by Sasquatch
Thu Jul 26, 2018 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

Raymond wrote:
Thu Jul 26, 2018 6:40 pm
What? You don't have a crystal ball?
No crystal Ball here for sure. I’m just a very average schmoe that showed up to work when they told me to be there for 35 years.
by Sasquatch
Thu Jul 26, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

Re: The stock that got away

This was all in your 401k? I think I would just be happy that I was able to accumulate millions in company stock, ride what I assume was nice growth throughout your career, and then swap it for something less risky without paying any taxes on the trade (due to 401k). To answer your question though,...
by Sasquatch
Thu Jul 26, 2018 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 2894

The stock that got away

How do you folks keep from loosing your mind when you miss the boat on a stock? I was Extremely heavy on company stock. Super dangerous entering FIRE. I sold in May and the stock has run up 16% as of today. I left mid six figures on the table :oops: Now I am fully diversified in Vanguard index funds...
by Sasquatch
Wed Jul 25, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: How much car can I buy?
Replies: 46
Views: 2090

Re: How much car can I buy?

I’m sure you have already experienced it but getting the kids buckled into the back seats of a sedan can be a real pain. As they get older you will need room to haul kid stuff.

Get 1-2 yr old odyssey or sienna for family duty then buy a fun weekend / commuter car. M5, RS4/5, 911.
by Sasquatch
Wed Jul 25, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Home Theater vs. Soundbar
Replies: 67
Views: 5509

Re: Home Theater vs. Soundbar

We sold our old school audio system. Klipsch speakers and Adcom separates. We purchased a sonos playbase and for fidelity it just does not sound as good as the old system. We tried the sonos 5.1 and it just did not work well in our room. However, going in we knew the playbase did not sound as good. ...
by Sasquatch
Tue Jul 24, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: big plastic storage containers for pantry
Replies: 10
Views: 760

Re: big plastic storage containers for pantry

Ask for plastic buckets and lids at the Costco bakery. Some of their ingredients are shipped in them. I have several they gave me at no charge. The lids fit very tight so they are a bit of a pain to get back open but I transfer my rice a pound at a time into a smaller container that fits better in t...
by Sasquatch
Mon Jul 23, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Is Enough?
Replies: 34
Views: 5920

Re: How Much Is Enough?

Unless you are a resilient person the stress will chip away at you over the years. 10% paycut for less stress is a slam dunk IMHO
by Sasquatch
Mon Jul 23, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mother-in-Law criticizing my wife over our recent house purchase
Replies: 38
Views: 2890

Re: Mother-in-Law criticizing my wife over our recent house purchase

Your choices are putting up with the badgering or putting a stop to it. You can say to your MIL “We made the best decision for our family. Please stop talking about this.” Then change the subject. Repeat as necessary. Yep,yep, time to set some boundaries. It’s your money, do what you want and be ha...