Search found 33 matches

by DaBombCat
Fri Dec 28, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Strategy/Approach to Negotiating with Commercial Real Estate Developer
Replies: 22
Views: 1445

Re: Strategy/Approach to Negotiating with Commercial Real Estate Developer

I'm interested to know if the developer would be willing to cut her a portion of the monthly lease proceeds upon project completion in exchange for a slight discount on the property. Minimizes the immediate impact of the taxes due and provides a nice little revenue stream for her later years. Will ...
by DaBombCat
Sat Nov 17, 2018 6:40 pm
Forum: Personal Investments
Topic: Stock, Bonds, REIT belongs in Taxable vs ROTH?
Replies: 15
Views: 1002

Re: Stock, Bonds, REIT belongs in Taxable vs ROTH?

A U.S. investor can get a reasonably diversified portfolio with a broad market U.S. index fund without needing to go down that rabbit hole. Others, predominately, seem to disagree with that advice and insist an international allocation is necessary for "diversification". You'll have to make up your...
by DaBombCat
Sun Nov 04, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to buy house out of blue but wants us to come up with offer
Replies: 31
Views: 5582

Re: Neighbor wants to buy house out of blue but wants us to come up with offer

. . . In coming up with a number I wondered what else bogleheads would consider. Future moving expenses? Loss of putting equity towards home for 1-2 years? Tax consequences given no more mortgage interest deduction? rst113, There seems to be more than one factor that you value. Price is certainly i...
by DaBombCat
Fri Oct 26, 2018 2:54 am
Forum: Personal Investments
Topic: Taking Equity out of Rental Property to Invest
Replies: 7
Views: 802

Re: Taking Equity out of Rental Property to Invest

Jim54521, These ideas may not be your cup of tea, and they are not complete strategies by themselves. However, if you want examples of what good debt can do, then these are some techniques to consider. If you continue to purchase properties at a discount, then you may be able to refinance those prop...
by DaBombCat
Sat Oct 06, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 80
Views: 6079

Re: Need Health Insurance (Non-ACA Options)

. . . ACA plans will cost my family of 4 over $20,000 per year before we even take into account the over $12,000 deductible. To me this is outrageous, and I am looking into alternatives. I am considering short term plans, church plans, placing the kids on CHIP and not getting insurance for my wife ...
by DaBombCat
Mon Sep 24, 2018 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: Fed up with health insurance situation
Replies: 117
Views: 8045

Re: Fed up with health insurance situation

OP, This may not be a solution for your whole company, but any healthy person could try a healthshare program (often disparagingly called faith-based or prayer-based health programs). They are 1/2-1/3rd the cost, low deductible, no restrictions on which providers you can see, and many gradually phas...
by DaBombCat
Mon Sep 24, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Health care question - self employed- Whats your plan? Advice Needed
Replies: 24
Views: 2173

Re: Health care question - self employed- Whats your plan? Advice Needed

Anybody use coverage via "faith based plan" ...my parents- in 60s now- have used one last 2 years and has worked out w/ no hiccups, etc. Im always a little leary of a plan like that. Hi BCL, My earlier comment on this thread was on a “faith-based” plan. While the media and insurance companies dispa...
by DaBombCat
Sun Aug 26, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: building apartment complex....advice needed
Replies: 5
Views: 945

Re: building apartment complex....advice needed

I’d suggest talking to local property managers. They should know what streets their local renters are wanting to live, what quality of building and finishes that renters are looking for, what things renters don’t care about, what layouts are good, what amenities are standard. They would have the bes...
by DaBombCat
Sun Aug 26, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Health care question - self employed- Whats your plan? Advice Needed
Replies: 24
Views: 2173

Re: Health care question - self employed- Whats your plan? Advice Needed

I have a healthshare plan (Liberty Healthshare). It isn’t good for people who are pregnant or might get injured because of drugs/alcohol. It costs $399/mo for a couple. Their deductible (called the unshared amount) is $1,750 for a couple. Coverage limit of $1million. It allows you to be exempt from ...
by DaBombCat
Fri Aug 17, 2018 7:47 am
Forum: Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 34
Views: 6125

Re: Why bonds when they return nothing over inflation?

Looking at portfoliovisualizer (www.portfoliovisualizer.com) - Backtest Portfolio Asset Class with 100% US Stocks, it shows from 1972-2018, the drawdown and recovery periods. How long you are 'under water'. Another view is looking at your inflation adjusted money in the stock side of your portfolio...
by DaBombCat
Wed Aug 15, 2018 3:21 pm
Forum: Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 34
Views: 6125

Re: Why bonds when they return nothing over inflation?

An 80/20 allocation brings your real return down by that exact amount (20%) to 4.8% A 70/30 AA brings your real return down by 30% to 4.2% A 60/40 AA brings your real return down by 40% to 3.6% . . . As I understand it, besides having enough cash to ride out a bear market, the only point to going w...
by DaBombCat
Fri Aug 10, 2018 12:03 am
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5863

Re: REITs - 20% Qualified Income Deduction

irs guidance is out. https://www.irs.gov/pub/irs-drop/reg-107892-18.pdf page 6 Section 199A also allows individuals and some trusts and estates (but not corporations) a deduction of up to 20 percent of their combined qualified real estate investment trust (REIT) dividends and qualified publicly tra...
by DaBombCat
Thu Aug 09, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5863

Re: REITs - 20% Qualified Income Deduction

A further question I have on the REIT dividend deduction that I can’t get a clear answer on: Is the deduction subject to any sort of phase out at a certain income level? I believe there is a high income phase out. This is one of the better write ups (fairly early so there may have been better ones ...
by DaBombCat
Fri Jul 13, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Another Trust Question
Replies: 12
Views: 1209

Re: Another Trust Question

This is a silly question on my part, but what is DW?
Da Wife?
by DaBombCat
Thu Jul 05, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Where to get credit check for landlord?
Replies: 18
Views: 1653

Re: Where to get credit check for landlord?

Since they didn't specify, maybe you could just print your FICO score. My credit cards often have "free FICO Score" now. The display shows my nice responsible score, plus a chart showing that the score is in the upper group. If you have something similar, print the score and chart, attach it to a n...
by DaBombCat
Sat Jun 30, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Business valuation opinions
Replies: 17
Views: 1473

Re: Business valuation opinions

My partner and I are considering selling our business. Here are the parameters: Bootstrapped and profitable software-as-a-service business started in 2011. Approximately $1MM in annual revenue (all recurring subscriptions) 2 50/50 founding partners - no other employees - zero debt Growing approxima...
by DaBombCat
Sat Jun 30, 2018 9:37 am
Forum: Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 73
Views: 10150

Re: [100% stock, uncomfortable with international]

Just because you can buy international stocks doesn’t mean you should. Diversification has its risks if you are buying things that are unfamiliar. Do you travel as much as other Bogleheads? There is also a very real risk of dramatically underperforming with international stocks (and bonds). It seem...
by DaBombCat
Fri Jun 29, 2018 11:28 pm
Forum: Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 73
Views: 10150

Re: [100% stock, uncomfortable with international]

Just because you can buy international stocks doesn’t mean you should. Diversification has its risks if you are buying things that are unfamiliar. Do you travel as much as other Bogleheads? There is also a very real risk of dramatically underperforming with international stocks (and bonds). It seem...
by DaBombCat
Tue Jun 26, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Is day trading profitable?
Replies: 36
Views: 3965

Re: Is day trading profitable?

What would be included in day trading?
by DaBombCat
Mon Jun 25, 2018 9:21 pm
Forum: Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 13077

Re: Stocks vs. rental property

In the hands of an established real estate investor, $1 mill could probably fetch $100k in annual cash flow, plus have annual price appreciation and rent increases, plus have other people manage the properties. Heck, there are lots of assets that could get you to retirement today on $1 mill. But, i...
by DaBombCat
Mon Jun 25, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Sudden appearance of multiple buyers real or negotiation tactic?
Replies: 61
Views: 4630

Re: Sudden appearance of multiple buyers real or negotiation tactic?

As mentioned earlier I’ve been negotiating to buy a new house over the past several days. The seller way overpriced and was sitting on the market for months as a result. All was going well and I brought the buyer down significantly and looked like I was about to close. Suddenly we get a strange ema...
by DaBombCat
Sun Jun 24, 2018 11:52 pm
Forum: Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 13077

Re: Stocks vs. rental property

Dear experts, I was wondering if you think investing (say 1 million dollars for example) in rental property may be better than stocks and bonds? Because rental property would provide appreciation as well as monthly incoming though there is always the pain of not being able to find tenants? Or shoul...
by DaBombCat
Fri Jun 22, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 3121

Re: Taxes from dividends getting high.. how to handle?

ordinary BDC dividends BDC = ? :confused Dividends from bond funds (at least the ones that I know about) are not "qualified" and are subject to tax at the rate for ordinary income. Is that what you're referring to? 22twain, BDC=business development company These are a special category of finance co...
by DaBombCat
Fri Jun 22, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 3121

Re: Taxes from dividends getting high.. how to handle?

Slalom, If you expect your income to fall between $38k-$425k as a single filer, then you reserve 15% of your expected dividends for taxes ($77k-$479k filing jointly). Anything above that range and you should reserve 20-24%. Having dividend income is much better than employment (W2) income. The tax r...
by DaBombCat
Fri Jun 22, 2018 11:13 am
Forum: Personal Investments
Topic: [100% stock, uncomfortable with international]
Replies: 73
Views: 10150

Re: [100% stock, uncomfortable with international]

[Moved into a new post from: The Three-Fund Portfolio --admin LadyGeek] Guys I must confess that having international stock is making me feel uncomfortable and I am losing sleep over it. I have decided to put 100% of my retirement into VTSAX. My wife and I are both teachers who will have pensions f...
by DaBombCat
Mon Jun 18, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5863

Re: Indiv. REITs in taxable because of new tax law? Aargh!

A direct holder of a REIT will generally be able to apply the 20% business income deduction, but a holder of a REIT mutual fund will not. This is a premature assumption. It is true that the new tax law includes REIT dividends in the 20% business income deduction, but there is no text that specifies...
by DaBombCat
Mon Jun 18, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5863

Re: Indiv. REITs in taxable because of new tax law? Aargh!

1) What do bogleheads think? is it worth the complexity of owning individual reits to take advantage of this new tax break? For someone in the 24% marginal tax bracket, the tax savings would be about 5% of the “Qualified REIT Dividend”. So, if one receives $1000 of REIT divvys that would normally b...
by DaBombCat
Mon Jun 18, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1249

Re: Seller Financing on Land Sale

How would a triple net lease structure apply?
Sorry, I got confused—something that happens to us internet hacks from time to time. A triplenet lease would not apply here. The point is to hear what their goals are, then to work with them to figure out how they can make their plans work for you, too.
by DaBombCat
Mon Jun 18, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1249

Re: Seller Financing on Land Sale

First, I'll say that developers often do 2 things, especially if they don't see long term benefit. One, use other peoples money to every extent; two, take a quicker profit & move on. I’m a bit less cynical about developers. Using other people’s money has consequences for the developer. If the proje...
by DaBombCat
Fri Jun 15, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1249

Re: Seller Financing on Land Sale

RetiredCSProf, It would seem that you wouldn’t have the resources to evaluated risk that a bank or other pro lender has. Figure that it would probably cost +8% transaction costs plus holding costs plus legal expenses just to foreclose on the buyer if he defaulted on his loan from you. I’d suggest ge...
by DaBombCat
Sat Jun 02, 2018 7:30 pm
Forum: Personal Investments
Topic: Seeking input on investment decision
Replies: 21
Views: 2088

Re: Seeking input on investment decision

Thanks for your comments and analysis. Although not the most important item, I'd prefer a smoother vs. bumpier ride as I try to spend my free time on other pursuits. To draw down funds from my retirement accounts as initial source of retirement income, I will have to sell assets at some point (prob...
by DaBombCat
Sat Jun 02, 2018 10:52 am
Forum: Personal Investments
Topic: Help - investor starting later in life
Replies: 37
Views: 5883

Re: Help - investor starting later in life

Is there any reason that you would need to sell your investments in the next couple of years? If not, then the bond fund may simply be a drag to your long-term returns. REITs are a consideration if you want a little more income, but not if you aren't interested in learning about real estate. Not own...
by DaBombCat
Sat Jun 02, 2018 10:22 am
Forum: Personal Investments
Topic: Seeking input on investment decision
Replies: 21
Views: 2088

Re: Seeking input on investment decision

Restless, My opinions are not always inline with bogleheads, so take this with a healthy dose of caution: If price volatility is not a concern for you, if you are holding assets for income, then there are stocks that can make sense for you. Capital risk only matters if you need to sell the asset. In...