Search found 2665 matches

by hoops777
Sun Nov 10, 2019 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

100,000 Marriott points might get you 3 hotel nights in London,but probably 2.A mid level hotel is 35,000 points a night.Those 100,000 points do not cover much in terms of flights if you convert them.
by hoops777
Sun Nov 10, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

I own three Marriott timeshare weeks. One is around the corner from us where we live and I get to use the resort every day I want to work out. I have another in Aruba and a third in Las Vegas. I would never, ever buy destinations points. We trade through Interval almost every year and get to go to ...
by hoops777
Sat Nov 02, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

One would think that the onslaught of Airbnb and the lime will not be good for the timeshare industry.One of the big pitches was always about a timeshare being great for a family with a kitchen and multiple bedrooms vs a hotel.I think this will not severely damage the industry.
by hoops777
Sat Nov 02, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

I stopped doing this after a salesperson told me that this is his livelihood and you had no intention of buying so I was being selfish and abusing the system.He was right but the timeshare companies do the same.I did that same deal in Princeville but was not offered the second trip with the points....
by hoops777
Fri Nov 01, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

I stopped doing this after a salesperson told me that this is his livelihood and you had no intention of buying so I was being selfish and abusing the system.He was right but the timeshare companies do the same.I did that same deal in Princeville but was not offered the second trip with the points....
by hoops777
Fri Nov 01, 2019 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

For Marriott / Vistana timeshares specifically, I have read that if you buy a unit on the resale market it does not come with the ability to convert into annual Marriott points. I am curious if anyone has bought a resale property and was subsequently offered the points conversion feature? How much ...
by hoops777
Thu Oct 31, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

Good luck in all that. Unfortunately I lived my life like a BH and now retired and I don't need to be chasing free this or that that is accompanied by onerous talks and time to get a free vacation. As for taking something from the scammers as a kind of revenge, I personally don't want to associate ...
by hoops777
Thu Oct 31, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

Absolutely love my 5 timeshares (Disney, Westin,Sheraton,Marriott,Hilton). All bought resale of course for 50% or more off retail. Many many years of travel with family in 2 or 3 bedrooms and look forward to many more with grand kids. Absolutely forced to go places and take vacations. I am not sayi...
by hoops777
Wed Oct 30, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

I stopped doing this after a salesperson told me that this is his livelihood and you had no intention of buying so I was being selfish and abusing the system.He was right but the timeshare companies do the same.I did that same deal in Princeville but was not offered the second trip with the points....
by hoops777
Wed Oct 30, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 87
Views: 8227

Re: Timeshare offer experience

I stopped doing this after a salesperson told me that this is his livelihood and you had no intention of buying so I was being selfish and abusing the system.He was right but the timeshare companies do the same.I did that same deal in Princeville but was not offered the second trip with the points.
by hoops777
Sun Oct 27, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

Thanks.My intention is to have them come down to a reasonable price.The system at the time of installation would have been 20 000 max but when you factor in the tax credits and incentives about 14,000.He has also paid about 5000 in lease payments the past 4 years.I am not being unreasonable with th...
by hoops777
Sun Oct 27, 2019 12:47 pm
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

Their starting point was over 20,000 :( They probably paid 25k to install the panels 4 years ago:) Solar prices have been dropping pretty steadily. The fact that you can buy the panels for 15k now doesn't mean that they are being unreasonable asking for 20k. That also explains why buyers don't want...
by hoops777
Sun Oct 27, 2019 10:49 am
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

Their starting point was over 20,000 :(
by hoops777
Fri Oct 25, 2019 10:59 am
Forum: Personal Consumer Issues
Topic: LifeSource water system
Replies: 0
Views: 115

LifeSource water system

Anyone have any experience with LifeSource Water systems?Cost?How does it perform?
Thanks
by hoops777
Fri Oct 25, 2019 12:08 am
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

Well they seem to think I have leverage.They requested the letter about the dementia.I told them they sold the system to a person with dementia and a caregiver who insisted that the system was free when I asked her about it at the time.I told him I wanted to keep it cordial and keep my attorney out ...
by hoops777
Thu Oct 24, 2019 6:58 pm
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

No monthly checks with no money in the bank
by hoops777
Thu Oct 24, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Re: Negotiating buying leased solar panel system Calif

I understand that.I am trying to get a fair market value to determine what price to offer.I have some leverage because of the dementia issue.
by hoops777
Thu Oct 24, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: Negotiating buying leased solar panel system Calif
Replies: 16
Views: 841

Negotiating buying leased solar panel system Calif

I am in negotiations to purchase the solar panel system my deceased brother leased in 2015.The realtors do not want to sell the house with a leased system.The system is 5.355 kw.Would appreciate any thoughts regarding what a fair price would be considering they are 4 years old and there is no tax cr...
by hoops777
Thu Oct 17, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Re: Roth conversion

Thank you.
by hoops777
Thu Oct 17, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Re: Roth conversion

Thanks.I will add more but I have been paying estimated taxes so I hope that is not an issue.Forgot about that.
by hoops777
Thu Oct 17, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Re: Roth conversion

I already did the conversion for this year,about 60,000.Can I add to it now?
by hoops777
Thu Oct 17, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Re: Roth conversion

Thank you.Yes the messages crossed and I did not see the awesome chart.
by hoops777
Wed Oct 16, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Re: Roth conversion

Thank you all.I am a bit confused about the comments about the 40 pct tax rate.???
So what would my taxes be if I went up to 160,000 for 2019?
by hoops777
Wed Oct 16, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion
Replies: 15
Views: 1398

Roth conversion

I turn 68 in January and my wife turns 70.I have been doing conversions up to the top of the 12 pct bracket. I am wondering if I should go higher.I estimate after the conversions at age 70 we will have about 800K in our IRA’s and about 60,000 in combined SS when I turn 70 and my wife is 72.We will h...
by hoops777
Wed Oct 16, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Should I bail on AT&T and Directv?
Replies: 37
Views: 3943

Re: Should I bail on AT&T and Directv?

I am curious about the picture quality when watching sports on the streaming sites.I know Hulu live was not very good.Hiw about You Tube?
by hoops777
Tue Oct 15, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: Should I bail on AT&T and Directv?
Replies: 37
Views: 3943

Re: Should I bail on AT&T and Directv?

I tried Hulu live and the picture quality for basketball and football was really bad so I stuck with DTV.Cheaper is not always better.
by hoops777
Tue Oct 15, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 135
Views: 26661

Re: Indexing beats Wellington and Wellesley right?

Took the words right out of my mouth
by hoops777
Mon Oct 07, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Re: Tax on selling home in California

Thanks to all for the great information.The unexpected extra money will help a lot of people and I know my brother would be happy about that.
by hoops777
Mon Oct 07, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Re: Tax on selling home in California

I know he set it up in 2010 and amended it in 2014.It was done by an excellent trust attorney so I am certain the house is listed as being in the trust,because I checked that.
by hoops777
Mon Oct 07, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Re: Tax on selling home in California

Yes I am the trustee and his house was put into a irrevocable trust.I am in the process of accepting the role and have hired an attorney to help administer it.I will meet with him in a few days to formalize it.He is charging me 3500 to help administer the trust but does not do the taxes or sale the ...
by hoops777
Sun Oct 06, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Re: Tax on selling home in California

So are you saying he owes no taxes if the house does not appreciate from time of death?How about federal?
by hoops777
Sun Oct 06, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Re: Tax on selling home in California

Yes his house is in a trust.He bought it for about 250,000 about 20 years ago.It will sale for about 800,000.He refinanced it about 10 years ago and took some money out and did an interest only loan.He owes about 350,000 now.
by hoops777
Sun Oct 06, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Tax on selling home in California
Replies: 15
Views: 1927

Tax on selling home in California

I have been reading conflicting info on California cap gain tax on sale of primary residence.I will be selling my brother’s home who recently passed away.He will have a cap gain of say 500,000 to make it simple.He was single so I believe he has a 250,000 exemption,which leaves 250,000 to be taxed.Wh...
by hoops777
Sat Oct 05, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Aulani [using another's guest pass when not staying there]
Replies: 0
Views: 385

Aulani [using another's guest pass when not staying there]

We will be spending some time in Hawaii next month and our grandkids are staying at the Aulani and we are not.The trip was unexpected so we did not book with them and it is too expensive now.Does anyone know if we can use our son’s guest pass to use the facilities with our grandkids if we babysit an...
by hoops777
Thu Sep 26, 2019 10:31 pm
Forum: Investing - Theory, News & General
Topic: Robo program to avoid market drops
Replies: 22
Views: 2063

Re: Robo program to avoid market drops

I did actually learn something about benefiaries.I was not familiar with the per capita and per stripe or I forgot about it because it has been awhile since we assigned them. I read about it on Schwab but was still a bit confused.We have 2 kids and were leaving everything 50-50.One son has 2 young k...
by hoops777
Wed Sep 25, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Robo program to avoid market drops
Replies: 22
Views: 2063

Re: Robo program to avoid market drops

firebirdparts wrote:
Wed Sep 25, 2019 2:20 pm
What's he doing buying other people lunch in the meeting room at the holiday inn?
Were you there .
by hoops777
Wed Sep 25, 2019 1:13 pm
Forum: Investing - Theory, News & General
Topic: Robo program to avoid market drops
Replies: 22
Views: 2063

Robo program to avoid market drops

Went to a free lunch presentation given by a guy whose main pitch is capital preservation.He talked about people who are invested in stocks and handed out a chart from 1950 to today showing the difference if you avoided the big market drops.He said he uses a robo program that somehow gets you out an...
by hoops777
Fri Sep 20, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1550
Views: 163970

Re: [What TV Show Have You Recently Watched?]

Finished Unbelievable on Netflix.Excellent.
by hoops777
Tue Sep 17, 2019 9:08 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1550
Views: 163970

Re: [What TV Show Have You Recently Watched?]

Just finished The I-Land on Netflix.A very bad Lost like show that I give 1 star.I can’t believe I watched all the episodes but as bad as it was I was curious about answers to what was going on.
by hoops777
Sun Sep 15, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1550
Views: 163970

Re: [What TV Show Have You Recently Watched?]

Just finished The Spy.Very good.
by hoops777
Sat Sep 14, 2019 12:28 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks in a Extremely low interest rate environment
Replies: 16
Views: 2448

Re: Dividend stocks in a Extremely low interest rate environment

Thank you for the replies.It will be an interesting subject to watch if rates really do regress to negative and stay there for any length of time.
by hoops777
Thu Sep 12, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: Dividend stocks in a Extremely low interest rate environment
Replies: 16
Views: 2448

Dividend stocks in a Extremely low interest rate environment

Just curious if we continue to head down the path edging closer and closer to 5 year CD’s paying almost zero,does that give a boost to old established blue chip companies that pay high dividends like ATT,Exxon,IBM,etc. or ETF,s that specialize in such. I am not trying to get into an argument about t...
by hoops777
Wed Sep 11, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Loan paid back by trust
Replies: 4
Views: 444

Re: Loan paid back by trust

Thanks.
by hoops777
Wed Sep 11, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Loan paid back by trust
Replies: 4
Views: 444

Re: Loan paid back by trust

The loan could be made to the individual or the trust whichever is best.It would be made by a wealthy friend.Would we need an attorney?
by hoops777
Wed Sep 11, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Loan paid back by trust
Replies: 4
Views: 444

Loan paid back by trust

Can an individual make a loan to a person with a living trust with the stipulation that the loan will be paid back by the trust when the owner passes,most likely within 6 months or less?
by hoops777
Sun Sep 08, 2019 10:46 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1550
Views: 163970

Re: [What TV Show Have You Recently Watched?]

Orange is the New Black , Series 7, on Netflix. This is the final season and I just watched the first episode. So far, I'm not impressed. Agreed. We liked the previous seasons but gave up on this season after the 3rd episode. I'm most of the way through Season 7. Although a few plots seem contrived...
by hoops777
Thu Sep 05, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion withdrawals
Replies: 8
Views: 540

Re: Roth conversion withdrawals

Thank you. I actually am doing that. I just do not have a lot of stocks nor do I want a lot of stocks.
by hoops777
Thu Sep 05, 2019 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion withdrawals
Replies: 8
Views: 540

Re: Roth conversion withdrawals

Do you have to wait 5 years to withdraw Roth conversion money from your Roth at age 67?I was told this today by the Credit Union Investment guy when inquiring about CD rates. Someone is thinking of putting their Roth in a CD?!!! Roth assets are the most valuable as the grow is tax-free (as long the...
by hoops777
Thu Sep 05, 2019 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion withdrawals
Replies: 8
Views: 540

Re: Roth conversion withdrawals

Thanks.I told the guy he was incorrect but he insisted and then said you can take out the earnings but not the original investment.
by hoops777
Thu Sep 05, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion withdrawals
Replies: 8
Views: 540

Roth conversion withdrawals

Do you have to wait 5 years to withdraw Roth conversion money from your Roth at age 67?I was told this today by the Credit Union Investment guy when inquiring about CD rates.