Bogleheads.org

just_cruisin

Mow lawn, trim hedges, dig and set posts, etc.

But I’m only at 1.5, do I count?

just_cruisin

I just paid off my rentals.

We should meet up in 20 years and compare notes.

just_cruisin

Anyone have recommendations for a beginner to learn about S Corps?

Books, blogs, etc?

Thanks

just_cruisin

If you haven't already, I recommend visiting The White Coat Investor site. The owner of that site posts here too. He is well regarded here. When I used to supervise medical students, I gave them copies of his book. Here's the link to the site: https://www.whitecoatinvestor.com/ I logged on to the s...

just_cruisin

Stef wrote: ↑Tue Oct 20, 2020 5:54 am Do you know that there are more threads about this topic on Bogleheads than the total amount of international stocks that you can invest in?

I thought I was clicking “like” on your post but I think I inadvertently reported it.

Sorry, I thought it was really clever.

just_cruisin

Thanks all for your responses and warm welcome! You were honest when you signed the closing documents. Afterwards, your situation changed. I would consult an attorney. Where should I start, in looking for an attorney? Since every state has different laws you would need to consult a real estate focu...

just_cruisin

You were honest when you signed the closing documents. Afterwards, your situation changed.

I would consult an attorney.

just_cruisin

geerhardusvos wrote: ↑Thu Dec 24, 2020 6:23 pm Wait y’all still have bonds?

Ha! I was wondering the same thing.

just_cruisin

things to consider in regard to paying off mortgage - if you are not going to invest the money that you plan to use to pay off the mortgage, then yes it's financially prudent to pay off the mortgage - but if your mortgage rate is low and the money that you plan to use to pay off the mortgage can be...

just_cruisin

things to consider in regard to paying off mortgage - if you are not going to invest the money that you plan to use to pay off the mortgage, then yes it's financially prudent to pay off the mortgage - but if your mortgage rate is low and the money that you plan to use to pay off the mortgage can be...

just_cruisin

Paying the 150k against the 510k debt will just deplete your cash reserves and not lower your payments. You will end up paying off the mortgage a few years sooner, but that is many years down the road in both scenarios. I just paid off a mortgage myself and it feels great, but it’s simpler to do it ...

just_cruisin

Finished paying off the mortgage and calculated my savings from NOT paying any more interest ~ $65,000.

Your mortgage balance is larger so you will probably save more, I would guess it will be around $100,000 if you pull the trigger.

Good luck and happy holidays!

just_cruisin

We left our adult dogs at home for years while working an hour away. Mid-day bathroom breaks would have been impossible. Wife left the house an hour or so after I did, and I got home between 8-12 hours later. Unless someone was sick, we didn't have problems. This was 4 days a week. Have you tried l...

just_cruisin

If one is taking more than four years, one just is not motivated enough, or one is attending a school beyond their financial means. My wife and I both finished out top-tier state schools in four years, with both of us working our way through. I didn't see my peers staying more than four years as un...

just_cruisin

How would this work if there were no “free” hardware, or installation, etc?

How much would it cost? Would you pay the money yourself?

just_cruisin

If you're able to fully pay off the house with cash, I'd suggest a HELOC for greater flexibility and potentially even more favorable rates if you can use a credit union or somewhere that has Prime minus a margin (I have prime minus 1.00%). I usually think refinances are not as favorable rate-wise, ...

just_cruisin

Just did this, but didn’t have to pay the 10% penalty because it was a Covid distribution.

Great feeling not to have to pay that mortgage (especially the interest) for the 20 something years that were left on it.

just_cruisin

When did you first list or advertise the home as available for rent?

just_cruisin

Property taxes are only $296/year. It is also only 40mins away - which would be super convenient to go hunt a morning or night whenever we wanted on a whim... Go for it! You have already avoided the biggest mistake which is purchasing land with high taxes or worse yet, not knowing what the taxes are.

just_cruisin

So if I’m interested in a speculative purchase of say $1,000 of Bitcoin what are my options?

If I trust exchanges it would be Coinbase or PayPal or what?

If I absolutely must have a hardware wallet it would Ledger Nano or what?

Thanks

just_cruisin

Congratulations!

Not to derail the thread, but can anyone advise on using a Roth IRA for a child to fund educational expenses instead of a 529?

just_cruisin

Summary of what I have seen most frequently mentioned 1. Do not buy real estate, unless you like fixing toilet on Christmas night at 2 AM 2. Read 1 again and do not buy real estate 1. I’ve owned real estate rentals for two decades and never fixed a toilet. 2. For two decades, renters have been payi...

just_cruisin

1997 Jeep Cheorkee 200k
2004 Chevy Suburban 227k
2004 Chevy Silverado 249k

just_cruisin

Yes, people like me who just want a device, and most people in the world whom ATT/Verizon/Tmobile dont subsidize. Trade-in values for device X is the same whether traded in for an iPhone mini or a pro, so MSRP is still the best basis for price comparison. The difference between models is $300. And ...

just_cruisin

My questions are: 1. Do I cut back on retirement contributions? I contribute about 30% of my take home pay. 2. If I do cut back, which account? The TSP matches 5% so I need to put at least $3,500 to get the full match. Is there any benefit to continuing to contribute to the Roth IRA since its both ...

just_cruisin

Hi everyone, Something's not quite clicking with me and I'm hoping people can help clarify: For the sake of true diversification, why not include REITS, gold, commodities, currencies, etc. in a portfolio? A lot of the arguments I've heard against including these have to do with historical performan...

just_cruisin

My questions are: 1. Do I cut back on retirement contributions? I contribute about 30% of my take home pay. 2. If I do cut back, which account? The TSP matches 5% so I need to put at least $3,500 to get the full match. Is there any benefit to continuing to contribute to the Roth IRA since its both ...

just_cruisin

Not sure why you are quoting retail price, is anyone actually paying that? I got a SE2 for half off. I know there are trade in deals for the 12 mini which come out to $0. Yes, people like me who just want a device, and most people in the world whom ATT/Verizon/Tmobile dont subsidize. Trade-in value...

just_cruisin

Not sure why you are quoting retail price, is anyone actually paying that? I got a SE2 for half off. I know there are trade in deals for the 12 mini which come out to $0. Yes, people like me who just want a device, and most people in the world whom ATT/Verizon/Tmobile dont subsidize. Trade-in value...

just_cruisin

You say only advatange is cost (and touch id) but that is a big advantage. You can pick up an SE for $150-250 or so if you know where to look or shell out $750 for the mini. There are some advantages but not $500 worth. And some people will like the home button and old school design. The upgrades a...

just_cruisin

Used golf carts

just_cruisin

Some people are just transmit only I guess....... For the rest of you out there, the “sweet spot” varies by bank but is mostly mortgage balances from $250,000 to $510,400 (upper limit of conforming loans). If you are in the sweet spot you will be offered the best rates. If your mortgage is “too sma...

just_cruisin

A lot of the people bragging about refi’s at low rates have BIG balances on their homes. The mortgage companies view them as cash cows to bleed over the next 30 years and discount their rates to lock them in. The total interest cost over the lifetime if the loan is into the 6 figures. Source: I hav...

just_cruisin

That's incorrect. The rates are generally available to everyone, but the amount of the lender credit will depend on the outstanding balance as to how much its worth to the lender to "buy" your business for the next 15 or 30 years. Obviously, the lender is going to pay less to buy a $100,0...

just_cruisin

A lot of the people bragging about refi’s at low rates have BIG balances on their homes. The mortgage companies view them as cash cows to bleed over the next 30 years and discount their rates to lock them in. The total interest cost over the lifetime if the loan is into the 6 figures. Source: I hav...

just_cruisin

Caution: A lot of the people bragging about refi’s at low rates have BIG balances on their homes. The mortgage companies view them as cash cows to bleed over the next 30 years and discount their rates to lock them in. The total interest cost over the lifetime if the loan is into the 6 figures. Sourc...

just_cruisin

Pretty sure if you use even just a little bit of the money on the house, you will qualify.

just_cruisin

You can pay the IRS online.

I paid them a big tax bill online when we converted a chunk of a traditional IRA to a Roth.

just_cruisin

So I called the IRS toll free number and had an eye opening experience. Call 1: spent 20 minutes on the phone with someone apparently working from home. They eventually said their computer wasn’t working and the call ended. Call 2: spent maybe 5 minutes with another person definitely working from ho...

just_cruisin

rkhusky wrote: ↑Mon Nov 02, 2020 9:52 am Perhaps opening a new account at Schwab might get them to be more willing to help.

Good idea, but I already have some other accounts with Schwab and that didn’t help unfortunately.

just_cruisin

OP, Have you called your current custodians and asked for your "Roth basis" yet? You may be pleasantly surprised (like I was). Thanks for the tip, unfortunately Vanguard never received the Roth Basis from Schwab back when the transfer occurred. So I guess it’s back to trying to pry the in...

just_cruisin

OP, Have you called your current custodians and asked for your "Roth basis" yet? You may be pleasantly surprised (like I was). Thanks for the tip, unfortunately Vanguard never received the Roth Basis from Schwab back when the transfer occurred. So I guess it’s back to trying to pry the in...

just_cruisin

OP, Have you called your current custodians and asked for your "Roth basis" yet? You may be pleasantly surprised (like I was). I went through a similar exercise recently in order to get up to speed NOW and keep better records going forward, so that I didn't end up in a similar situation. ...

just_cruisin

Those records don’t exist anymore, otherwise I wouldn’t be going to all this trouble to reconstruct them! If you don't have the records, then you will have to just use the contribution amount that you do have records for. That is nonsensical. My personal records covering that timeframe no longer ex...

just_cruisin

Thanks for the welcome! Been lurking for a long time. I was with a different brokerage before I learned about low fees and Vanguard. I already tried the old firm and they said “how much you contributed is between you and the IRS”. You aren't getting any help from them because you are a former, not ...

just_cruisin

Yes you are on the right track with the right idea. Problem is you are asking in the wrong forum.

Try

https://www.airlinepilotforums.com/flig ... -training/

just_cruisin

Thanks for the welcome! Been lurking for a long time.

I was with a different brokerage before I learned about low fees and Vanguard. I already tried the old firm and they said “how much you contributed is between you and the IRS”.

just_cruisin

Hello, I have some questions that I couldn’t find answered with a search: 1) Has anyone withdrawn Roth contributions from Vanguard recently.... any tips? 2) How far back does the IRS keep transcripts? My account on the IRS website only goes back to 2010 but I’ve been paying taxes since 1994. Just tr...

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