I don't think you can take a direct capital loss on the sale of a residence.
Search found 6713 matches
- Thu Mar 28, 2024 10:26 am
- Forum: Personal Finance (Not Investing)
- Topic: Tax Reporting Nightmare - Executor's Sale of Home
- Replies: 4
- Views: 533
- Thu Mar 28, 2024 10:07 am
- Forum: Personal Finance (Not Investing)
- Topic: Got fired and I have question regarding resume.
- Replies: 42
- Views: 3957
Re: Got fired and I have question regarding resume.
The 90 probationary period goes both ways - they can toss you or you can toss them.
As many others have suggested I would simply list it as a job (so there are no gaps in employment - though you could claim that during a gap you were actively looking for work). If during an interview someone asks why so short a job stint then matter-of-factly say it wasn't a good fit for either of you.
- Wed Mar 27, 2024 8:38 pm
- Forum: Personal Finance (Not Investing)
- Topic: Got fired and I have question regarding resume.
- Replies: 42
- Views: 3957
- Wed Mar 27, 2024 5:27 pm
- Forum: Personal Finance (Not Investing)
- Topic: Dedicated Financial Computer Master Thread
- Replies: 209
- Views: 9790
Re: Dedicated Financial Computer Master Thread
Ah, file sharing - I hadn't thought of that. Thanks.tuningfork wrote: ↑Mon Mar 25, 2024 11:57 amIf you configure your VM to allow file sharing between the guest and host...
- Wed Mar 27, 2024 5:22 pm
- Forum: Personal Investments
- Topic: Withdrawal Strategy Help Requested
- Replies: 13
- Views: 1273
- Mon Mar 25, 2024 10:48 am
- Forum: Personal Finance (Not Investing)
- Topic: Dedicated Financial Computer Master Thread
- Replies: 209
- Views: 9790
Re: Dedicated Financial Computer Master Thread
Data please. Can you give a reference to an example of this having happened and how? Thank you.
- Mon Mar 25, 2024 9:37 am
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard Tax Forms Missing Entire Funds?
- Replies: 26
- Views: 1437
- Mon Mar 25, 2024 9:15 am
- Forum: Personal Investments
- Topic: Suggestions for Putting Cash + Emergency Fund to use
- Replies: 7
- Views: 1099
Re: Suggestions for Putting Cash + Emergency Fund to use
+1.Rocky Mtn Man wrote: ↑Sun Mar 24, 2024 7:36 amDo you pay a state income tax? Is it high?
Treasury products (bills, notes, savings bonds) are state tax free.
- Mon Mar 25, 2024 9:10 am
- Forum: Personal Investments
- Topic: Money Market Fund - Differences?
- Replies: 3
- Views: 600
Re: Money Market Fund - Differences?
Without knowing more I'll say "Yes" and "Yes".Pharm2012 wrote: ↑Sun Mar 24, 2024 9:34 pm I know 94.7% and 98.65% are very close, and probably don't matter much. For my own education, would TFFXX owe less state tax than TTTXX because TFFXX held more treasuries in 2023? If I owned TFFXX would I only have to pay state tax on 1.35% of the earned interest?
At least that is true in my state.
- Sun Mar 24, 2024 6:24 pm
- Forum: Personal Consumer Issues
- Topic: Using encryption with Thunderbird
- Replies: 6
- Views: 598
Re: Using encryption with Thunderbird
That's too bad.roamingzebra wrote: ↑Sat Mar 23, 2024 10:24 pm Thus ends my brief foray into Thunderbird encryption. ..
I've been using TB's native (S-MIME) encryption for over 15 years. Works perfectly with the one person (using Outlook) who also does e2e email encryption with me. He is the ovewhelming bulk of my email. None of my other correspondents seem interested.
Besides, we need to give the NSA something to do with their supercomputers.
And I'm not finding TB's utility to be eroding. I just started using the calendar function and it works quite well.
- Sun Mar 24, 2024 5:47 pm
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard Tax Forms Missing Entire Funds?
- Replies: 26
- Views: 1437
Re: Vanguard Tax Forms Missing Entire Funds?
Are you using tax software to prepare your return?
If so, consider using the "Document ID" shown on the VG 1099 that you got to download the 1099 data directly from VG. This does not require logging into VG, so my buddy tells me.
Then see if the downloaded info is also missing the info you need. If so, then it sounds like a call to VG is warranted.
If so, consider using the "Document ID" shown on the VG 1099 that you got to download the 1099 data directly from VG. This does not require logging into VG, so my buddy tells me.
Then see if the downloaded info is also missing the info you need. If so, then it sounds like a call to VG is warranted.
- Fri Mar 22, 2024 11:27 am
- Forum: Personal Finance (Not Investing)
- Topic: Calling All Academics - What's Next
- Replies: 35
- Views: 3868
Re: Calling All Academics - What's Next
Hear! Hear!CloseEnough wrote: ↑Thu Mar 21, 2024 4:50 pmAs a response to the comment that if your research is not advancing mankind why do it, I would just say that actual good teaching is undervalued in a large swath of academia and research is overvalued. Good teachers that can influence the students in academia is as important, in my eyes more important, than the research. Isn't the primary purpose of higher education to educate?
Having tried teaching at all levels and finding that I really hated it, my hat is off to good teachers.
- Fri Mar 22, 2024 11:11 am
- Forum: Personal Finance (Not Investing)
- Topic: At what age to tell child about family's finances
- Replies: 74
- Views: 6110
Re: At what age to tell child about family's finances
When I was 59+ my dad showed me the file drawer where all their financial documents were located. He said, "Your mother is a strong woman but she'll need some help with this." He died a week later. I'd already guessed a lot of it but there were a few surprises - nothing insurmountable and nothing surprising to my mom.
- Thu Mar 21, 2024 10:26 am
- Forum: Personal Finance (Not Investing)
- Topic: Net SS payment
- Replies: 10
- Views: 1190
- Thu Mar 21, 2024 10:22 am
- Forum: Personal Finance (Not Investing)
- Topic: Tax software suggestions?
- Replies: 22
- Views: 1230
- Thu Mar 21, 2024 10:16 am
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard: "outgoing wires unavailable at this time"? (how do I wire money)
- Replies: 3
- Views: 489
Re: Vanguard: "outgoing wires unavailable at this time"? (how do I wire money)
The last time I sent a wire from Vanguard I called them and they said that calling is the only way to send a wire - not online.
- Thu Mar 21, 2024 9:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Can I take and additional QCD after taking RMD
- Replies: 13
- Views: 884
- Sat Mar 16, 2024 5:18 pm
- Forum: Personal Consumer Issues
- Topic: Buying an Expensive Car
- Replies: 101
- Views: 8726
- Sat Mar 16, 2024 3:27 pm
- Forum: Personal Finance (Not Investing)
- Topic: Estimating RMD Taxes for Retirement Planning
- Replies: 15
- Views: 1884
Re: Estimating RMD Taxes for Retirement Planning
A crude estimation isn't that hard. Do you know what your marginal tax rate (tax bracket) will be when ignoring the RMD? Take that % and multiply it by the RMD amount and that is about how much extra tax you'll pay with the RMD included in income.2020 ButClassic wrote: ↑Sat Mar 16, 2024 11:25 amI use a rough estimate of RMD taxes in calculators like FIRECalc. As I approach retirement I realize that unlike inflation and market growth, RMD withdrawals follow a unique math. How should I estimate RMD taxes when figuring out my expenses?
It is a crude guess because the RMD itself could push you into the next tax bracket either partially or wholly.
- Sat Mar 16, 2024 10:20 am
- Forum: Personal Investments
- Topic: Fired AUM advisor - now what? (portfolio questions)
- Replies: 25
- Views: 2310
Re: Fired AUM advisor - now what? (portfolio questions)
As a general rule, try to keep fixed income (such as bonds) in tIRAs and anything that might eventually become a tIRA (like a t401k). Try to keep efficient stock funds in rIRA and taxable. If you can't fit all your bond-like holdings in tIRA & t401k and need to use taxable accounts, then determine whether to use tax-exempt bond funds vs something like Treasuries (the earning from which may be state-tax exempt.)AavocadoArdvark wrote: ↑Sat Mar 16, 2024 7:20 amMy questions are about where to hold stock vs bond funds...
Sounds like you are on the right path overall.
- Fri Mar 15, 2024 7:06 pm
- Forum: Personal Consumer Issues
- Topic: Need Help Finding a Hobby
- Replies: 76
- Views: 6394
- Fri Mar 15, 2024 5:36 pm
- Forum: Personal Investments
- Topic: Good Problem to Have: What to do with Cash? and keep it simple.
- Replies: 4
- Views: 1282
Re: Good Problem to Have: What to do with Cash? and keep it simple.
Without knowing more about your situation, VUSXX is a better choice than VMFXX.Needsomehelp wrote: ↑Fri Mar 15, 2024 1:00 pm
So, I go back and forth between simply putting it all in VMFXX and getting a return (that I think I would be exempt from state taxes becasue of their treasury compoment) and purchases treasuries directly.
- Mon Mar 11, 2024 1:14 pm
- Forum: Personal Finance (Not Investing)
- Topic: Preparing for Marriage
- Replies: 47
- Views: 4824
Re: Preparing for Marriage
Prenup.
Not kidding.
Not kidding.
- Mon Mar 11, 2024 1:04 pm
- Forum: Personal Finance (Not Investing)
- Topic: What's your primary credit card?
- Replies: 117
- Views: 10619
- Mon Mar 11, 2024 12:52 pm
- Forum: Personal Finance (Not Investing)
- Topic: How Much Cash Do You Keep In Your Home?
- Replies: 207
- Views: 15487
Re: How Much Cash Do You Keep In Your Home?
That is my experience as well. I don't know of any local financial institutions anymore that will accept wrapped coins. Too many slugs, foreign coins, etc. They all have coin counters now. Just like they have automatic currency counters to look for counterfeits.SmileyFace wrote: ↑Sun Mar 10, 2024 8:02 pmThis is not true everywhere. My bank has a change counting machine in the lobby. Dump in a bucket of change and it prints out a reciept that you hand to the teller to deposit.
- Mon Mar 11, 2024 12:23 pm
- Forum: Investing - Theory, News & General
- Topic: Any investors from the 1981 - 1984 time period here???
- Replies: 36
- Views: 4424
Re: Any investors from the 1981 - 1984 time period here???
Started investing in the 1970s. Subscribed to Money Magazine. TRP would run full-and-half-page ads. VG ran tiny little ads so I missed them. I called up my Brother-In-Law who was a bond trader on Wall Street and asked him what to do. He said that TRP was okay but make sure I only bought "no-load" products.
That was my introduction. Started up with VG in 1991 and switched completely to VG in 2002.
That was my introduction. Started up with VG in 1991 and switched completely to VG in 2002.
- Sun Mar 10, 2024 7:26 pm
- Forum: Personal Finance (Not Investing)
- Topic: TurboTax alternatives?
- Replies: 23
- Views: 2508
Re: TurboTax alternatives?
Switched to HRB a bunch of years ago. Never looked back.
- Sun Mar 10, 2024 6:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: Tax question
- Replies: 24
- Views: 1996
Re: Tax question
Mr Bogle felt there was no reason to own international. His reason: almost all US companies are multinational in practice. I agree with that position and haven't own anything but US stocks for well over 15 years.Younglearner wrote: ↑Sun Mar 10, 2024 1:04 pm PS. In my humble opinion I believe all people should own ex US stocks. But with that said, I do want to hear why some say 100% US as I have never really understood it/ source. Never found something on the bogleheads that fully states the reasons why someone believes in 100% US stocks.
- Sun Mar 10, 2024 6:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mega Thread on Speed of 2023 Tax Refunds
- Replies: 52
- Views: 6154
Re: Mega Thread on Speed of 2023 Tax Refunds
eFiled federal 1040SR HRB Feb 4, accepted 4 minutes later, refund received Feb 10.
- Thu Mar 07, 2024 1:05 pm
- Forum: Personal Consumer Issues
- Topic: Vanguard just won't stop sending me paper mail
- Replies: 36
- Views: 3911
Re: Vanguard just won't stop sending me paper mail
I think a lot of VG's mailings are done by contractors.dollar_elbow wrote: ↑Wed Mar 06, 2024 2:16 pmI managed to call Vanguard twice, but they were unable to explain why I receive mail on both occasions, but they did confirm I have e-delivery on for everything. It seems like a waste of time pursuing this further.
After receiving 20ish mailings from "VG" in January and February the mailings have abruptly stopped.
- Thu Mar 07, 2024 12:56 pm
- Forum: Personal Consumer Issues
- Topic: When to switch from dealer to independent for service
- Replies: 52
- Views: 4346
Re: When to switch from dealer to independent for service
"Service advisors" at dealerships are on commission. Reason enough. Another one. They often won't let you speak to the mechanic. (True at some independent shops, as well.) Another one. Look at all those people at the dealership front area sitting around in front of computer monitors. They have to be paid. Another one. Dealership shops have a target amount to bill customers for every car that comes in. An Audi shop would want to try to get probably $1500 every time a car is brought in. In for an oil change, out for whatever they can find and sell. Of course, for a car under warranty, it's a different matter. One way to get an idea of whether an independent shop is good is to ask them how they determine the air pressure to put in t...
- Tue Mar 05, 2024 4:50 pm
- Forum: Personal Consumer Issues
- Topic: When to switch from dealer to independent for service
- Replies: 52
- Views: 4346
Re: When to switch from dealer to independent for service
To the subject line: "When I drove the new car off the lot." I really loathe the dealership's service department. Will only go there for recall and warranty work and even then I'll hold my nose.
- Tue Mar 05, 2024 3:42 pm
- Forum: Personal Consumer Issues
- Topic: Kitchen counter top stools
- Replies: 10
- Views: 918
Re: Kitchen counter top stools
Amish Furniture Warehouse.
- Mon Mar 04, 2024 9:11 pm
- Forum: Personal Finance (Not Investing)
- Topic: SSA possible reporting error?
- Replies: 32
- Views: 2754
Re: Tax question
You need to seriously consider that someone is using your SSN. Open an investigation with the IRS by first requesting transcripts of your tax returns for each of the years in question.
A friend of mine has been dealing with this for the last 4 years as well.
Hah! I just saw that 123 beat me to it.
- Thu Feb 29, 2024 5:00 pm
- Forum: Personal Consumer Issues
- Topic: Raspberry Pi Security
- Replies: 36
- Views: 3784
Re: Raspberry Pi Security
Which OS?
- Sat Feb 24, 2024 5:31 pm
- Forum: Personal Investments
- Topic: Can an amateur manage a backdoor Roth IRA themselves?
- Replies: 15
- Views: 1353
Re: Can an amateur manage a backdoor Roth IRA themselves?
What is a "direct sold" plan/account/tIRA?tortoise1981 wrote: ↑Sat Feb 24, 2024 5:01 pm... to a direct sold plan... opening a direct sold traditional IRA ... into a direct sold account
- Fri Feb 23, 2024 3:57 pm
- Forum: Personal Finance (Not Investing)
- Topic: Attachments when e-filing
- Replies: 11
- Views: 1154
Re: Attachments when e-filing
Re: HRB e-file and attachments (any, not situation specific as I read it), this response from an HRB rep (documented in referenced thread), made wonder if it works? “ wrote: ↑Sun Mar 08, 2020 6:04 pm OK. Just reporting what happened. I was able to reach H&R Block support via the chat method. The representative asked me if it was a home or business return. I replied "Home." This is what she replied: Image Navigate through the File tab. At the E-file Your Return page, hit the "Send" button. A dialog box which says "YOUR RETURN WILL NOW BE TRANSMITTED TO THE IRS" will appear. Click "OK." On the screen labeled "YOUR PDF ATTACHMENTS," click "ATTACH." Navigate to the file you need t...
- Tue Feb 20, 2024 7:52 pm
- Forum: Personal Consumer Issues
- Topic: Best place to buy personal domain? Best place to host it? (for email)
- Replies: 53
- Views: 5482
Re: Best place to buy personal domain? Best place to host it? (for email)
I have a friend who uses runbox for the email host of his personal domain. Swears by them.
- Tue Feb 20, 2024 9:56 am
- Forum: Personal Investments
- Topic: General retirement questions...need advice
- Replies: 72
- Views: 12384
Re: General retirement questions...need advice
I would switch this to VUSXX (Treasury MMF) to avoid more state income tax. VMFXX has fewer government obligations in its holdings.hacksaw2025 wrote: ↑Tue Feb 20, 2024 8:51 am 3) And $7k in the Vanguard Federal Money Market (currently contributing $1k per month). Emergency Fund?
- Mon Feb 19, 2024 6:30 pm
- Forum: Personal Consumer Issues
- Topic: Denver car theft and crime issues - how bad is it?
- Replies: 15
- Views: 2836
Re: Denver car theft and crime issues - how bad is it?
Couple of other neighborhoods that I looked at were Louisville... My initial intention was to park at the Park N' Ride... I also wanted to make a few visits to Rocky Mountain National Park... Appreciate any feedback! Louisville is very safe though technically not part of the Denver MSA (located about 25 miles NW). There is a Park 'n Ride at the Eastbound US-36 exit at McCaslin Blvd. It might cost $2/day, I can't remember. Not a light rail station but frequent buses (both local and express) to downtown Denver. Easy access to RMNP from Louisville - very pretty drive as well. There may be "timed-access" to RMNP when you are there so be sure to check out the website. Auto crime in Colorado is down quite a bit since the legislature de...
- Sun Feb 18, 2024 8:47 pm
- Forum: Investing - Theory, News & General
- Topic: Reinvest or withdraw Dividends to supplement income stream in Retirement?
- Replies: 27
- Views: 3080
- Sun Feb 18, 2024 8:27 pm
- Forum: Personal Investments
- Topic: Investment recommendations
- Replies: 10
- Views: 1548
Re: Investment recommendations
Based on what you posted you should not invest this money at all. Put it in a safe place as your emergency fund.Colocha24 wrote: ↑Sun Feb 18, 2024 5:25 pmGreetings! I would love recommendations on the best thing to do with 12k cash that I have. I’m 32 years old and this summer I’ll be moving to Central America for an undetermined number of years to work an unpaid job in the public sector. (I plan to get a part time job to cover living expenses). My question is, how should I invest the extra 12k cash that I have now as to have something stored for my future?
- Sun Feb 18, 2024 8:24 pm
- Forum: Personal Investments
- Topic: What to do with $700,000
- Replies: 13
- Views: 3017
Re: What to do with $700,000
Temporarily put it in Vanguard's VUSXX fund (Treasury MMF). It'll earn nice (maybe mostly state-tax exempt) income while you study up on what is the best thing to do with it. If you are in a no-state-income-tax state, then the default settlement fund will be good enough.wesley.burger wrote: ↑Sun Feb 18, 2024 4:47 pm I have recently received $700,000 (after tax) in cash and would like some advice on what to do with it.
- Sat Feb 17, 2024 8:19 pm
- Forum: Personal Finance (Not Investing)
- Topic: IRMAA 2025 please
- Replies: 12
- Views: 1674
- Fri Feb 16, 2024 7:25 pm
- Forum: Personal Consumer Issues
- Topic: Job title for PhD Economist Daughter
- Replies: 36
- Views: 4022
Re: Job title for PhD Economist Daughter
Since she is the only economist then this is the most appropriate title.
- Thu Feb 15, 2024 8:44 pm
- Forum: Personal Investments
- Topic: Best Money Market Fund right now
- Replies: 25
- Views: 4812
Re: Best Money Market Fund right now
The poster retiringwhen describes here (https://www.bogleheads.org/forum/viewtopic.php?p=7698412#p7698412) his spreadsheet (link below) that as he puts it "to identify alternative money market funds from Vanguard, Fidelity or Schwab including state-specific funds. It explicitly takes in account your state of residence and tax rates. It also gives you an alternative view of how investing T-bills may have done in the past year." The main description of his spreadsheet can be found here: https://www.bogleheads.org/forum/viewtopic.php?t=401821 I think he often finds that for taxable money market funds, Vanguard funds, even if lower in state tax exemption, have higher returns because their expenses are lower. Here is an example of the...
- Thu Feb 15, 2024 7:46 pm
- Forum: Personal Consumer Issues
- Topic: Pay cleaning lady for snow day?
- Replies: 119
- Views: 10294
Re: Pay cleaning lady for snow day?
I hired my first housekeeper in 1986. I was earning $40k/yr. The housekeeper wanted $100 to clean the house the first time (she showed me just how dirty it was) and $25/cleaning thereafter.theplayer11 wrote: ↑Thu Feb 15, 2024 12:44 ami’m actually surprised how many hire someone to clean their own house.
After several months I swore that I'd go hungry before I'd do without a housekeeper ever again.
I even did without a lawn service most years but never without a housekeeper.
- Wed Feb 14, 2024 11:08 am
- Forum: Personal Consumer Issues
- Topic: Need a Suit - Recommendations?
- Replies: 23
- Views: 2112
Re: Need a Suit - Recommendations?
Good recommendation about thrift stores. I had two, virtually new (little worn) Hart-Shaffner-Marx suits I'd long outgrown that I donated to Goodwill. So you just never know what will show up there.
- Tue Feb 13, 2024 9:14 pm
- Forum: Personal Consumer Issues
- Topic: Pay cleaning lady for snow day?
- Replies: 119
- Views: 10294
Re: Pay cleaning lady for snow day?
I cancel I pay anyway. She cancels doesn't get paid. I give a VERY LARGE $$$ Christmas present for the last service before Christmas.
I had to move out of state for 5 months in 2017 and continued to pay her the entire time (if nothing more than to check on the house in my absence.)
I had to move out of state for 5 months in 2017 and continued to pay her the entire time (if nothing more than to check on the house in my absence.)
- Tue Feb 13, 2024 7:50 pm
- Forum: Personal Investments
- Topic: How much did you pay Vanguard this year?
- Replies: 66
- Views: 7015