Search found 5566 matches

by pshonore
Mon Sep 25, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those familiar with Classic Car Insurance & Umbrella Policy
Replies: 10
Views: 491

Re: Question for those familiar with Classic Car Insurance & Umbrella Policy

Umbrella policies generally cover your liability resulting from injury to others or their property, not your property. Not sure how the value of your classic car fits in here. Your classic car insurance company IS providing liability insurance resulting from use of the classic car, correct?
by pshonore
Mon Sep 25, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check on Max Seller Paid Closing Costs
Replies: 3
Views: 343

Re: Sanity Check on Max Seller Paid Closing Costs

Talked to my agent, and I was right. However, the copy I had was still preliminary, and the buyer will be using almost all of the credit. I would not think that credit would not apply to things like property tax adjustments. If you paid property tax thru year end, normally the buyer reimburses you ...
by pshonore
Mon Sep 25, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 69
Views: 3408

Re: Bogleheads monthly costs of dog ownership?

Not offended at all, best response yet. Thank you. I'll admit, we want larger dog like lab or golden type dog but both work all day. This is way more concern to us than money. Anyone else here have dog at home all day while working? One frustrating thing to me is rescues expect homeowners to someho...
by pshonore
Fri Sep 22, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Gaps in new hardwood flooring
Replies: 52
Views: 2992

Re: Gaps in new hardwood flooring

Am I correct these floors are not pre-finished, but will be sanded and some finish coat applied? If so, the "gaps" will likely become less noticeable, but a credit card should not fit in the gap.
by pshonore
Fri Sep 22, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: Gaps in new hardwood flooring
Replies: 52
Views: 2992

Re: Gaps in new hardwood flooring

A milling defect would mean that the board at the corner is narrower than the board in the middle. Is this the case? You can easily measure this to verify. If it isn't, the installer is blaming the manufacturer for a poor installation job. Real wood floors are more difficult to install because wood...
by pshonore
Fri Sep 22, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Realtor to buy home?
Replies: 36
Views: 2746

Re: Realtor to buy home?

My son is looking to buy a home and I'm just wondering if it's beneficial to work with a Realtor when buying? I do see the value working with a Realtor when selling but unsure when buying. With site's like Trulia and Zillow it's very easy to look for homes. Any help would be appreciated. Depending ...
by pshonore
Fri Sep 22, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Gaps in new hardwood flooring
Replies: 52
Views: 2992

Re: Gaps in new hardwood flooring

If the wood was in the house for two months, its acclimated for sure. As far as the gaps, while boards should straight along their length, they can also be slightly concave or convex. A good installer knows how to nail to fix that. Sometimes the entire board may be slightly narrower. Unfortunately t...
by pshonore
Thu Sep 21, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 42
Views: 5166

Re: Deceased Mother medical bill

She wasn't on Medicaid because she still had assets in her IRA. But since her IRA listed beneficiaries, and has already passed to those beneficiaries, there was nothing to go through probate and nothing for the nursing home to discover and go after. Whether they try to collect from the beneficiarie...
by pshonore
Thu Sep 21, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Would you get flood insurance?
Replies: 25
Views: 1288

Re: Would you get flood insurance?

The program is also heavily subsidized by the Feds and there's concern about how long that can continue so rates could increase sharply.
by pshonore
Thu Sep 21, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 42
Views: 5166

Re: Deceased Mother medical bill

I sure hope no one other than the mother signed a financial responsibility agreement. When my favorite sister went into hospice after a long battle with breast cancer, they tried to guilt me into signing such an agreement. After my sister signed her admission paper work, they turned to me in front ...
by pshonore
Thu Sep 21, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Credit card recurring payment
Replies: 11
Views: 493

Re: Credit card recurring payment

Most processors will adjust the payment by any "manual' payments you make and also by any credits (returns, etc) since the last bill. Their "online agreement" should confirm that.
by pshonore
Thu Sep 21, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Realtor to buy home?
Replies: 36
Views: 2746

Re: Realtor to buy home?

I just want to add that the commission is rarely split evenly between listing agent and buyer's agent. The usual rate offered to the buyer's agent is 2.5% - 2.7% (at least here in Minneapolis). Depending on the negotiated rate between the seller and her agent the listing agent is usually making mor...
by pshonore
Thu Sep 21, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 79
Views: 4173

Re: Uplifted Driveway = No Home Owners Policy ?!

Someone noted - Why would an insurance company want to insure something with a known possible claim attached to the property? Your home has more risk and a possible claim could cancel out all the premiums you ever paid, and more! Absolutely correct. On 8/8/2017 I tripped and fell on neighbors uplif...
by pshonore
Wed Sep 20, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 79
Views: 4173

Re: Uplifted Driveway = No Home Owners Policy ?!

Just to play devil's advocate, if you were on someone else's driveway, with the same issues, and you tripped and caused yourself great bodily harm, would you expect their insurance company to pay your medical bills? I have no mortgage, but my insurance company wanted to be sure I kept my house in g...
by pshonore
Wed Sep 20, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Uplifted Driveway = No Home Owners Policy ?!
Replies: 79
Views: 4173

Re: Uplifted Driveway = No Home Owners Policy ?!

I don't see the significance of the $1 Mill Umbrella. That only comes into play if you have a liability claim greater than your HO liability limit which is likely 500k or $1 mill. They're trying to avoid paying for a claim which they consider preventable. Is there a problem with shifting soil/landsl...
by pshonore
Wed Sep 20, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paying premiums for life insurance policy in Irrevocable Trust
Replies: 8
Views: 384

Re: Paying premiums for life insurance policy in Irrevocable Trust

I believe life insurance policies are usually put into a separate Life Insurance trust but I'm sure the experts will chime in.
by pshonore
Wed Sep 20, 2017 11:57 am
Forum: Personal Consumer Issues
Topic: should we replace the subfloors when putting in hardwood floors
Replies: 9
Views: 827

Re: should we replace the subfloors when putting in hardwood floors

Are the subfloors plywood? Plywood has minimal expansion. If they're particle board (commonly used for carpet underlayment), that has to come up. It does not hold nails well (including the flooring nails/staples to fasten hardwood. I would just re-nail the plywood using "screw nails". (Nails with a ...
by pshonore
Wed Sep 20, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Does bid-ask spread matter with automatic reinvestment?
Replies: 14
Views: 660

Re: Does bid-ask spread matter with automatic reinvestment?

Here's what Fidelity does: Fidelity pre-identifies all customers that will be reinvesting their dividend and goes to the market to purchase shares three days prior to the payable date. We purchase as many shares as possible on a best-efforts basis, determine the average share price, and reallocate t...
by pshonore
Tue Sep 19, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Costco vs sams club vs neither.
Replies: 77
Views: 4340

Re: Costco vs sams club vs neither.

Costco (as well as Sams and BJs) definitely takes VISA. Depending on the product, the quantities are not really "bulk". Two loaves of bread, three steaks, one rotisserie chicken, etc. BJs has a deli which will slice any quantity you want. You probably can't buy one can of soup.
by pshonore
Tue Sep 19, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: K-1s and UBTI
Replies: 3
Views: 301

Re: K-1s and UBTI

your method for ballparking the UBTI is reasonable... just remember there can be big swings... so if you've looked at several years that should give you an idea of the margin And yes, if you have multiple holdings, all of which are under $1K UBTI, and your overall in the IRA you have over $1K, you'...
by pshonore
Tue Sep 19, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard for non-resident aliens
Replies: 22
Views: 1052

Re: Vanguard for non-resident aliens

Just so there's no confusion a resident alien (aka green card) has been granted permanent residency but is not a citizen. They pay tax on all income. A non-resident alien has not been granted permanent residency but is here legally according to the terms of their visa. I do not know what "resident f...
by pshonore
Tue Sep 19, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Finding contractor for small-ish, hourly job (deck carpentry)
Replies: 19
Views: 1023

Re: Finding contractor for small-ish, hourly job (deck carpentry)

If you're only looking to replace some rotted boards...why not just do it yourself? Its not difficult. With the amount of money you'll save you can buy a saw and any other tool you use and still be way ahead in terms of saving money. I find it odd that people dont do things for themselves anymore. ...
by pshonore
Tue Sep 19, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Performance Tracking
Replies: 13
Views: 748

Re: TD Ameritrade Performance Tracking

I buy 100 shares of X. A few months it pays a dividend which is reinvested. My holdings now show 100.xx shares of X. Yes, that happens, but that's not a perforrmance number which takes into account dates and additional buys and sells like XIRR() algorithm does. No argument about that; unlike Fido w...
by pshonore
Tue Sep 19, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Performance Tracking
Replies: 13
Views: 748

Re: TD Ameritrade Performance Tracking

If you select "POSITIONS" from MyAccount, you can see gain/loss for each holding. However those numbers are from the first day you held the position. It will reflect dividends, etc if you reinvested them, otherwise, they'll be in the "cash account". Are you sure? I don't believe that is true. I thi...
by pshonore
Tue Sep 19, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Card Points Can (and Should?) Pay Off Card
Replies: 14
Views: 769

Re: Amazon Prime Card Points Can (and Should?) Pay Off Card

How about the CITI X 2 card? You get 1% when you charge an item and 1% when you pay the bill. Do you get the 1% for paying the bill if you use a statement credit to pay the bill?
by pshonore
Tue Sep 19, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade Performance Tracking
Replies: 13
Views: 748

Re: TD Ameritrade Performance Tracking

If you select "POSITIONS" from MyAccount, you can see gain/loss for each holding. However those numbers are from the first day you held the position. It will reflect dividends, etc if you reinvested them, otherwise, they'll be in the "cash account". A simple spreadsheet is probably the best way to t...
by pshonore
Tue Sep 19, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: 59 1/2 Distribution Age Question
Replies: 4
Views: 435

Re: 59 1/2 Distribution Age Question

I think most financial institutions have your date of birth so they can determine this kind of stuff (including when you reach 70 1/2.)
by pshonore
Tue Sep 19, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Experience with Custom Home Builders
Replies: 12
Views: 1189

Re: Experience with Custom Home Builders

There are all sorts of things that come in standard sizes that will be easier and less expensive to use so the extra square footage may be because the builder rounded up some of your dimensions to get to the next larger standard size. This is oversimplified but for example plywood normally comes in...
by pshonore
Tue Sep 19, 2017 7:34 am
Forum: Personal Consumer Issues
Topic: house plan computer program
Replies: 2
Views: 304

Re: house plan computer program

Sketchup (www.sketchup.com)
Chief Architect
by pshonore
Mon Sep 18, 2017 8:57 pm
Forum: Personal Consumer Issues
Topic: Getting (young) kids interested in coding
Replies: 81
Views: 4725

Re: Getting (young) kids interested in coding

By the time they are old enough appreciate coding, all necessary code will have been written. Reminds me of the time about 50 years when I told someone I was a COBOL programmer and their reply was "In another 5 years programmers won't be needed. It will all be automated"
by pshonore
Sun Sep 17, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade an old but functional vanity?
Replies: 23
Views: 1332

Re: Should I upgrade an old but functional vanity?

They were solid. And it carried over the fronts and the frame of inset cabinetry. This is not simple. I haven't seen a solid wood vanity anywhere. Even in 10MM homes. High quality ply and solid faces, definitely. Extremely rare granite tops too. Solid wood in a bathroom is a bad idea anyway. I've s...
by pshonore
Sun Sep 17, 2017 4:58 pm
Forum: Personal Consumer Issues
Topic: brand of solid wood floor-Help!
Replies: 9
Views: 924

Re: brand of solid wood floor-Help!

I would say for $10/sq ft, it should be pre-finished. I would not do unfinished; too much mess with sanding and fumes for several days.
by pshonore
Sun Sep 17, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals
Replies: 55
Views: 3322

Re: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals

I do not now the details of CAH payments/copays/reimbursement, I would just be careful not pulling to much care away from you CAH. My understanding is yes, they do get a better reimbursement, but I did not think that affected the patient's out of pocket cost (especially with suplemental insurance)....
by pshonore
Sun Sep 17, 2017 1:00 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade an old but functional vanity?
Replies: 23
Views: 1332

Re: Should I upgrade an old but functional vanity?

I haven't seen a solid wood vanity anywhere. Even in 10MM homes. High quality ply and solid faces, definitely. Extremely rare granite tops too. Solid wood in a bathroom is a bad idea anyway. I've seen custom solid cabinet faces that had contiguous grain across the different drawers both horizontall...
by pshonore
Sun Sep 17, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: brand of solid wood floor-Help!
Replies: 9
Views: 924

Re: brand of solid wood floor-Help!

Depends where you're putting it. I bought some $2 sq ft Bruce Plano at HD for primarily upstairs bedrooms and its been fine. I'm not sure how it would do in a high traffic area with my large dogs. I also put some $5 sq ft Armstrong (who I think owns Bruce as well) in a high traffic and that's been f...
by pshonore
Sat Sep 16, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade an old but functional vanity?
Replies: 23
Views: 1332

Re: Should I upgrade an old but functional vanity?

If it's solid wood, I'd bear in mind that every single vanity at the big box stores has a significant amount of MDF in its construction. Very little solid wood if any used in vanities for quite some time. Lots of plywood and maybe solid wood in a face frame or door frame. Traditional cabinet making...
by pshonore
Fri Sep 15, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 3926

Re: Large portable generator vs. permanent natural gas generator for home

... In a long outage, gasoline is probably more available (by getting it out of your car's tank, for example). I investigated the option to use a vehicle as a gasoline tanker. The short answer: it's harder to do than first thought. --An anti-siphon/rollover valve in the filler neck prevent easily p...
by pshonore
Fri Sep 15, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Deceased Mother medical bill
Replies: 42
Views: 5166

Re: Deceased Mother medical bill

You might find this link from legalzoom helpful. http://info.legalzoom.com/california-debt-collection-laws-deceased-persons-26035.html Sorry for your loss. Bedsores are a sign of some neglect, at the very least. Broken Man 1999 OP, I think this quote from the link above should point you in the righ...
by pshonore
Fri Sep 15, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Use IRS Direct Pay for estimated tax payments on irregular Roth conversions?
Replies: 19
Views: 1204

Re: Use IRS Direct Pay for estimated tax payments on irregular Roth conversions?

You are supposed pay the tax when the income was received. If you converted a large sum in Q4, thats when the tax is due. The easiest way to resolve this is through withholding from a pension, SS, or wages. Failing that, Form 2210 using the AI method will straighten things out but that form is as mu...
by pshonore
Fri Sep 15, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 3926

Re: Large portable generator vs. permanent natural gas generator for home

I find this thread of interest as just 2 days ago I requested quotations from 2 installers for a whole house generator run on natural gas. They will provide the quotes next week. It wouldn't be a large unit as we cook, heat water, dry clothes, and heat with gas. We rarely have electric outages here...
by pshonore
Thu Sep 14, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: K-1's and taxes
Replies: 10
Views: 637

Re: K-1's and taxes

Turbo Tax will handle the simple parts of a K1 fairly easily. That would be the stuff in Box 1 - 20. Sales may require some additional work and research. Not for the faint of heart. Most publicly traded LPs with K1 forms are out in plenty of time. Check out https://www.taxpackagesupport.com/ (where ...
by pshonore
Thu Sep 14, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Social Security COLA could be 1.7% for next year
Replies: 0
Views: 385

Social Security COLA could be 1.7% for next year

The August CPI figures were released today. August saw an increase primarily because of the big increase in Energy prices resulting from Harvey. The good news is it appears the Social Security COLA for next year will probably be 1.7%, assuming there's no large drop in next month's report (due Oct 13...
by pshonore
Tue Sep 12, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Changing from Survivor Benefits to Own Benefits at age 70
Replies: 4
Views: 534

Re: Changing from Survivor Benefits to Own Benefits at age 70

I've not heard of that (not being able to start one's benefit in the middle of the year). I do know that if you're not 70 when you file for your own benefit, you will only get DRCs though December of the previous year and the rest are paid sometime later.
by pshonore
Tue Sep 12, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 7126

Re: Best Lower Cost USA Cities to Live

Come to Hartford but live in the burbs. You have to like cold weather and relative high property and state tax though. But also about two hours to either NYC or Boston. Beautiful scenic country with excellent schools, not terrible traffic with housing prices much cheaper as long as you stay out of F...
by pshonore
Tue Sep 12, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: UPS plug problem
Replies: 8
Views: 783

Re: UPS plug problem

Thanks for the replies. I ordered some 12" extensions today. The UPS is only about 6 months old with 5 UPS adjacent "sockets" and an additional 3 that are surge protected only. I have the system unit, a monitor, a modem, a router, an external drive and a Direct TV network device. No overload.
by pshonore
Tue Sep 12, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?
Replies: 36
Views: 2707

Re: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?

There are multiple areas of transactions that a DPOA will not help with including (correct me if I am mistaken) 1. Any transaction with the IRS. 2. Any transaction with the Social Security Administration 3. Any transaction with Medicare/Medicaid 4. Attempting to retrieve documents such as birth cer...
by pshonore
Tue Sep 12, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Large portable generator vs. permanent natural gas generator for home
Replies: 67
Views: 3926

Re: Large portable generator vs. permanent natural gas generator for home

I spent $150 on a transfer switch and $500 on a 6500 watt generator. It runs the water pump (critical), frig, oil burner, microwave, lights, computers, TV, coffee pot, (not all started at once either) Its not quiet, and burns almost 5 gallons of gas a day but we used it for 7 or 8 days during Storm ...
by pshonore
Tue Sep 12, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Earned Income Credit ???'s for First-Timer . . .
Replies: 6
Views: 627

Re: Earned Income Credit ???'s for First-Timer . . .

Thanks. Should be good. Not a huge credit, but if not a lot of work, might as well try for it. Hope the sheet isn't crazy long or tough to fill out The IRS does review EITC returns in great detail so if you want avoid detailed scrutiny of your return and possibly a delayed refund, you may want to f...
by pshonore
Tue Sep 12, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?
Replies: 36
Views: 2707

Re: dementia, POA, credit freezes, and IRS tax return PIN - what am I getting into?

There are multiple areas of transactions that a DPOA will not help with including (correct me if I am mistaken) 1. Any transaction with the IRS. 2. Any transaction with the Social Security Administration 3. Any transaction with Medicare/Medicaid 4. Attempting to retrieve documents such as birth cer...