Search found 1467 matches

by airahcaz
Mon Aug 13, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

Got my car totaled by an uninsured driver, fortunately I was not injured. My uninsured coverage covered the car and also the deductible was waived because of the uninsured motorist. I am pretty sure I still would have been covered for the car under collision but I would have had to pay the deductib...
by airahcaz
Sun Aug 12, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

Checked with my health insurance and after a deductible the coverage is unlimited (worldwide), but that of course is only for me and any family members on the same policy.
by airahcaz
Fri Aug 10, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 514

Re: Canadian Citizen and Resident

ETF’s are hard to dollar cost average via monthly contributions cause of commissions.

Perhaps the most inexpensive way is to buy the Canadian brokerages index fund equivalent even though their MER is higher than the States?
by airahcaz
Thu Aug 09, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

Appreciate all the input.

My decision was the min $15K/$30K

Or the maximum $500K/$500K

Anything in between is only a few bucks

I’m guessing go max then, which will match my bodily injury limits
by airahcaz
Thu Aug 09, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

A bit perplexing. Uninsured motorist hits your car and injures you and a passenger. Medical and liability coverage should kick in regardless. In what scenario would one need to use this beyond simply selecting state minimums? Especially if one has Personal Injury Protection , as well as Uninsured M...
by airahcaz
Thu Aug 09, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

A bit perplexing. Uninsured motorist hits your car and injures you and a passenger. Medical and liability coverage should kick in regardless. In what scenario would one need to use this beyond simply selecting state minimums? https://www.allstate.com/tools-and-resources/videos/ask-agent-car-insuran...
by airahcaz
Thu Aug 09, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

A bit perplexing. Uninsured motorist hits your car and injures you and a passenger. Medical and liability coverage should kick in regardless. In what scenario would one need to use this beyond simply selecting state minimums? https://www.allstate.com/tools-and-resources/videos/ask-agent-car-insuran...
by airahcaz
Thu Aug 09, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Re: Uninsured Motorist coverage

A bit perplexing. Uninsured motorist hits your car and injures you and a passenger. Medical and liability coverage should kick in regardless. In what scenario would one need to use this beyond simply selecting state minimums? https://www.allstate.com/tools-and-resources/videos/ask-agent-car-insuran...
by airahcaz
Thu Aug 09, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Uninsured Motorist coverage
Replies: 30
Views: 1686

Uninsured Motorist coverage

A bit perplexing. Uninsured motorist hits your car and injures you and a passenger. Medical and liability coverage should kick in regardless. In what scenario would one need to use this beyond simply selecting state minimums? Especially if one has Personal Injury Protection , as well as Uninsured Mo...
by airahcaz
Wed Aug 08, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Canadian Vanguard Equivalents
Replies: 5
Views: 874

Re: Canadian Vanguard Equivalents

Ok so what brokerage firm can a Canadian citizen and Canadian resident open in Canada to obtain something like a fidelity or vanguard or Schwab S&P500 index fund?
by airahcaz
Wed Aug 08, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Canadian Citizen and Resident
Replies: 7
Views: 514

Canadian Citizen and Resident

Relative is a Canadian Citizen and Canadian Resident and would like to open a non retirement brokerage account in Canada to start investing in a broad based index fund. Fidelity said they only service retirement accounts Canadian Residents Vanguard? TD? What's the next best place to look? Then, he'd...
by airahcaz
Sat Jun 30, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Debating a new deck
Replies: 8
Views: 856

Re: Debating a new deck

Deck Remodelers only do top notch work with top materials, including LED lighting...

The pergola has an open and shut roof
by airahcaz
Sat Jun 30, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Debating a new deck
Replies: 8
Views: 856

Debating a new deck

The DW wants a new covered deck. Less than 500 sq ft will run $50-$70K in our northeast NJ area (either roof or equinox pergola).

Is a deck worthwhile? Anyone spend that dough and have zero regrets? Or have much regret?
by airahcaz
Wed Apr 11, 2018 5:58 am
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

.. GPS navigation on both is as lousy as it has ever been. It's super painful to find a destination you are just hazy about, so procedure is to find it on Google Maps and then somehow transfer that to the cars. One day, all cars will switch to Google maps... Apple CarPlay, which Toyota/Lexus/German...
by airahcaz
Tue Apr 10, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

I think this thread is convincing me more and more to look at 2019 ES or GS as a Boglehead for less

ES AWD would be impressive
by airahcaz
Mon Apr 09, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

And what if we looked strictly economically, purchasing either of these two 2018’s, but in 2020/2021 when used. Can we assume they’ll be close in costs?

What about maintenance and upkeep in years 3-10?

To answer other commenters, it’ll be a vehicle that will be kept for easily a decade+
by airahcaz
Mon Apr 09, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

I’ve had 1LS before as well as a 98 GS400 which is still running strong. Lexus reliability trumps both Tesla and Germans. Sticking to Lex vs Tes, there is a concern 5-10 years from now, where we can most likely predict how the Lexus will hold up both physically and in value. Tes is a bit of an unkno...
by airahcaz
Sun Apr 08, 2018 6:50 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

How about the one that costs less 2-3 years from now used?
by airahcaz
Sun Apr 08, 2018 3:52 pm
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

5LS is of course refreshed look, there’s something to be said about that vs 4LS

It is a decision of electric vs ICE as well though
by airahcaz
Sun Apr 08, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

Re: New Lexus LS or Tesla Model S

would avoid the tesla based on a family member's poor experience. But they are very different types of cars. Would get a 1-2 year old panamera CPO for sporty, or a preowned S Class 1 year old for luxury. Look at a 2017 Bmw 7 also. Lexus is nice for modern reliable sedan also. Ultimately, you cant g...
by airahcaz
Sun Apr 08, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 4898

New Lexus LS or Tesla Model S

For 2018, both are mid $70’s, so wondering what the BH’s think....
by airahcaz
Fri Mar 09, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes on a rental property loss
Replies: 5
Views: 686

Re: Filing taxes on a rental property loss

Has it occurred to you that you might be in over your head on this? You have a rare situation that would stump many tax pros who don't handle this sort of matter on a regular basis. You're not going to find all the answers by looking up a few paragraphs in a publication and filling in some boxes on...
by airahcaz
Fri Mar 09, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Tax help on sale of rental property
Replies: 8
Views: 1221

Re: Tax help on sale of rental property

Apologies for bumping different threads, but there are different responders and wanted to understand how each person resolved their situation. Given what pub523 states here, if one qualifies for all exclusion criteria, namely no gain and selling a residence converted to a rental at a loss , then a ...
by airahcaz
Fri Mar 09, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Selling Rental Property ?s
Replies: 19
Views: 2971

Re: Selling Rental Property ?s

A good source of information is IRS Pub 523, Selling Your Home: https://www.irs.gov/pub/irs-pdf/p523.pdf When the depreciation is recaptured it is taxed as ordinary income. The maximum tax rate for the recapture is 25%. Apologies for bumping different threads, but there are different responders and...
by airahcaz
Fri Mar 09, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Selling rental condo - capital gains even though selling at same price??
Replies: 24
Views: 2238

Re: Selling rental condo - capital gains even though selling at same price??

Apologies for bumping different threads, but there are different responders and wanted to understand how each person resolved their situation. Given what pub523 states here, if one qualifies for all exclusion criteria, namely no gain and selling a residence converted to a rental at a loss , then a ...
by airahcaz
Fri Mar 09, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Rental property sale - loss/gain?
Replies: 12
Views: 1129

Re: Rental property sale - loss/gain?

Apologies for bumping different threads, but there are different responders and wanted to understand how each person resolved their situation. Given what pub523 states here, if one qualifies for all exclusion criteria, namely no gain and selling a residence converted to a rental at a loss , then a ...
by airahcaz
Fri Mar 09, 2018 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes on a rental property loss
Replies: 5
Views: 686

Re: Filing taxes on a rental property loss

Thanks. Is there some rule about this that I can reference? Does TurboTax Form 4797 need to reflect this or somewhere else, and how?
by airahcaz
Thu Mar 08, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Filing taxes on a rental property loss
Replies: 5
Views: 686

Filing taxes on a rental property loss

Hi Experts, hoping you can help with this scenario: The Facts: Personal residence purchased in 2007 for $730K Placed into rental service in 2012, FMV dropped to $500K Took Depreciation since 2012: say $60K Short Sold Property in 2017 for $565K Cancelation of Debt 1099-C from 1st and 2nd mortgages to...
by airahcaz
Wed Jan 24, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Remove name from mortgage
Replies: 11
Views: 1331

Re: Remove name from mortgage

That's the easy part. A quit claim through the county gets her name off the deed. A simple one page form. If a refi is the way it's going to go, no need to get her name off the current mortgage. Just don't have her name on the next one. Are the mom and other sisters okay with taking on 100k more de...
by airahcaz
Wed Jan 24, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: Remove name from mortgage
Replies: 11
Views: 1331

Re: Remove name from mortgage

No tax situation that I'm aware of for the buyout scenario. Is that the plan, the others are going to buy her out? Will she also get her name off the deed then? How exactly will she get the $100k? This doesn't sound very well planned out if the main concern is just how to get her name off the mortg...
by airahcaz
Wed Jan 24, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Remove name from mortgage
Replies: 11
Views: 1331

Re: Remove name from mortgage

House worth $600K Remaining mortgage is $200K Thus equity about $400K The situation could be more complex. You also need to take taxes into account when you start talking about taking money out of the house. If this is something like a family home that has been owned for decades then the state and ...
by airahcaz
Tue Jan 23, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Remove name from mortgage
Replies: 11
Views: 1331

Remove name from mortgage

Help please to get name off mortgage: 3 sisters and their mother are on Deed to house. Only one of the sisters and the mother are on mortgage.  House worth $600K Remaining mortgage is $200K Thus equity about $400K The sister on the mortgage would like to remove her name from mortgage and take $100K ...
by airahcaz
Fri Jan 12, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: 529 gift limits
Replies: 11
Views: 1128

Re: 529 gift limits

So $14K or under annually, no paperwork?
by airahcaz
Fri Jan 12, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Divorce or Arbitration
Replies: 9
Views: 848

Re: Divorce or Arbitration

Am assuming it's ideal if both lawyers are from FL, but what if one of the spouses left and is staying in another state? not advisable at all to seek someone local?
by airahcaz
Fri Jan 12, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Divorce or Arbitration
Replies: 9
Views: 848

Re: Divorce or Arbitration

Florida divorce document services: http://info.legalzoom.com/file-simple-divorce-florida-20432.html http://www.flcourts.org/resources-and-services/family-courts/family-law-self-help-information/family-law-forms.stml You may want to contact a reputable "legal document service" in Florida and ask how...
by airahcaz
Fri Jan 12, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Divorce or Arbitration
Replies: 9
Views: 848

Re: Divorce or Arbitration

Florida divorce document services: http://info.legalzoom.com/file-simple-divorce-florida-20432.html http://www.flcourts.org/resources-and-services/family-courts/family-law-self-help-information/family-law-forms.stml You may want to contact a reputable "legal document service" in Florida and ask how...
by airahcaz
Fri Jan 12, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: 529 gift limits
Replies: 11
Views: 1128

Re: 529 gift limits

so to be clear, 2 folks here stated that a form needs to be filled for any contributions per person over $14K? which starts a gift counter (up to the $5.4M)?
by airahcaz
Fri Jan 12, 2018 12:07 pm
Forum: Personal Consumer Issues
Topic: Divorce or Arbitration
Replies: 9
Views: 848

Re: Divorce or Arbitration

ok so maybe mediation, but perhaps each will want minimal legal representation to make sure everything is legit? suffice to say it cannot be the same lawyer?
by airahcaz
Fri Jan 12, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Divorce or Arbitration
Replies: 9
Views: 848

Divorce or Arbitration

For an elderly couple planning to part ways in FL, if amicable separation terms can be had, what is the easiest way to "settle"? They are both looking to avoid divorce lawyers and divorce court. Basically looking for an easy way to avoid legal fees and execute a simple divorce, such as possibly havi...
by airahcaz
Sat Dec 23, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: Using lumens to buy light fixtures
Replies: 26
Views: 2332

Re: Using lumens to buy light fixtures

My decision is to buy 1 4000 lumens fixture or 2 2500 lumens ones for the same costs.
by airahcaz
Fri Dec 22, 2017 7:47 pm
Forum: Personal Consumer Issues
Topic: Using lumens to buy light fixtures
Replies: 26
Views: 2332

Using lumens to buy light fixtures

Hi -

2 LED light fixtures put out 1000 lumen each. Another single fixture puts out 2000 lumens.

Are they equivalent in brightness?
by airahcaz
Thu Dec 21, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Grandfather's 529, gift?
Replies: 4
Views: 425

Re: Grandfather's 529, gift?

I'll let others answer your direct question as I believe there's a way to put 5 years' worth at once. Something he should consider, however, if the kid has any chance of financial aid and if the kid might go to a private school......I can say for sure that my son's private college financial form sp...
by airahcaz
Thu Dec 21, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Grandfather's 529, gift?
Replies: 4
Views: 425

Grandfather's 529, gift?

If a grandfather opens a 529 in his own name for the benefit of a grandchild, is there an annual limit to how much he can contribute besides the 529's annual state contribution limit? Meaning, is he limited to $14K to not trigger gift tax? It is, after all, still his own account...

Thanks
by airahcaz
Wed Oct 11, 2017 6:12 am
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 181340

Re: Tesla S

How long would it be before one can buy a new or used Tesla for under $30K? This is a current dilemma vs the new Camry or Accord, albeit ICE cars, but right now more than $30K is out of budget for most, including myself, or simply a choice where we don't want to spend more than that on a car. Well,...
by airahcaz
Tue Oct 10, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 181340

Re: Tesla S

At what point will a used Model S cross the new Model 3 price?
by airahcaz
Tue Oct 10, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 181340

Re: Tesla S

How long would it be before one can buy a new or used Tesla for under $30K? This is a current dilemma vs the new Camry or Accord, albeit ICE cars, but right now more than $30K is out of budget for most, including myself, or simply a choice where we don't want to spend more than that on a car. Well,...
by airahcaz
Tue Oct 10, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 1002
Views: 181340

Re: Tesla S

How long would it be before one can buy a new or used Tesla for under $30K?

This is a current dilemma vs the new Camry or Accord, albeit ICE cars, but right now more than $30K is out of budget for most, including myself, or simply a choice where we don't want to spend more than that on a car.
by airahcaz
Mon Aug 21, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: NY State 529 deductability for non-resident taxpayer
Replies: 19
Views: 14011

Re: NY State 529 deductability for non-resident taxpayer

Hi, I am in similar situation: This is my understanding. If you live in NJ and work in NYC, Though you get tax credit for NY state tax, you still end up paying tax for NJ. so essentially not much benefit. The problem is: now you are locked for NY 529 and cant move to different state 529 plan, as ny...
by airahcaz
Wed Jun 28, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: Luxury Car
Replies: 109
Views: 13172

Re: Luxury Car

Not really "luxury" but still pretty nice; I buy used Lexus ES's that are 5-7 years old; they are at the optimal part of the depreciation curve, so they are relatively cheap; they are based on the Camry, so they are very reliable, and cheap to maintain. They drive smoothly (albeit boring) and they ...
by airahcaz
Wed Jun 28, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 271765

Re: Best watch for around $5,000?

mak1277 wrote:
airahcaz wrote:Entry level Rolex is no longer "around $5000"
Oyster Perpetual models can still be found around $5k new.
You're right. I was referring to entry level classic DateJust.