Search found 128 matches

by willardx
Wed Jun 24, 2020 4:07 pm
Forum: Personal Consumer Issues
Topic: What is the single best piece of exercise equipment you bought for your home?
Replies: 221
Views: 11490

Re: What is the single best piece of exercise equipment you bought for your home?

A smart trainer for my road bike. This has allowed me to use a virtual cycling platform (RGT, Zwift, BKool, etc) which I have found way more interesting than just cycling in the basement... The workouts, challenges, and especially races against real-world competitors, make me want to use it every d...
by willardx
Wed May 20, 2020 11:58 pm
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1771

Re: Frequency of bike overhaul or tune up

The price of the bike is irrelevant to the importance of making sure your bike is safe to ride. Namely, that your brakes work when you need them to and that your rims don’t explode from being worn too thin (assuming rim brakes), those are my main concerns. The other issues like shifting are more of ...
by willardx
Sun Apr 26, 2020 10:42 pm
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8312

Re: Mother has only $85K to sustain her

Realizing that this question is just plain nuts, but just brainstorming: If your mother wants to stay in the house and if the potential selling price of the house is low enough and if the condition/cost of maintaining the house favorable, and if the mortgage payment would be low enough compared to ...
by willardx
Tue Apr 21, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45105

Re: College in fall

I guess what I would like to see, as the parent of an incoming freshman, is a proposed cost of tuition if classes cannot be held on campus. We don't find any of the alternatives being discussed (gap year, community college, etc.) very attractive, and resign ourselves to a less-than-optimal first sem...
by willardx
Wed Apr 15, 2020 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25123

Re: IRS Get My Payment up and running

I don't have my payment and site says: According to information that we have on file, we cannot determine your eligibility for a payment at this time. I filed 2018 and 2019 taxes and in both cases used direct deposit. No direct deposit has shown up yet of course. Received this on trying to use the ...
by willardx
Wed Apr 15, 2020 11:26 am
Forum: Personal Consumer Issues
Topic: Convince me - for or against bigger home
Replies: 92
Views: 5609

Re: Convince me - for or against bigger home

Do you have a large lot? Can you fit an accessory dwelling unit (ADU) on it? Cities have been more receptive to them and might be a good fix for your situation.
by willardx
Mon Apr 13, 2020 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45105

Re: College in fall

Here is a recent survey to read as you consider what to do in the fall, whether your child is a high school senior or a college student. My daughter will be a sophomore in a hands-on major (labs), and although it is too early to decide, I am weighing the value of the classes if there is not a robus...
by willardx
Sat Apr 11, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Why not buy mobile homes instead of overpriced traditional homes?
Replies: 82
Views: 8929

Re: Why not buy mobile homes instead of overpriced traditional homes?

Maybe you already know this, but mobile home parks charge you rent for placing your home there. So you only own the structure and not the land, but really difficult to move if rents increase. As others have said, the land is often more valuable and does not depreciate like a structure. But I’ve thou...
by willardx
Fri Apr 10, 2020 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Lease is up--what would you do?
Replies: 57
Views: 5764

Re: Lease is up--what would you do?

The right to terminate a lease is separate from the obligation of paying rent, so I'm glad you are adding language that the termination of the lease also extinguishes the rent obligation. As a former attorney, I have to recommend you talk to a licensed attorney in the state, since I am not qualified...
by willardx
Thu Apr 09, 2020 11:06 pm
Forum: Personal Investments
Topic: Can Real estate profits offset stock losses ?
Replies: 8
Views: 609

Re: Can Real estate profits offset stock losses ?

My guess is the OP would sell and realize the loss if he/she gets confirmation that the offset can happen. I'm in a similar position, too.
by willardx
Fri Apr 03, 2020 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Can you offset recaptured depreciation (1231?) gains with stock losses?
Replies: 1
Views: 130

Can you offset recaptured depreciation (1231?) gains with stock losses?

After searching online and reading the IRS publications, I still don't know the answer to this. Probably because I don't know the tax forms to see if LTCG from sale of a rental property, the gain coming from recaptured depreciation, is on the same worksheet as LT capital losses from the sale of mutu...
by willardx
Wed Apr 01, 2020 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7883

Re: COVID-19 Stimulus Payment Issue

To add to the life isn't fair scale, I read today that a lot of 17- and 18-year-olds won't get any money (unless maybe they file separately from their parents, and not as a dependent), regardless of low income or not.
by willardx
Tue Mar 31, 2020 11:32 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 108
Views: 8836

Re: Did you move for better weather? Did you regret it?

Following this thread. Also, it has been my experience that subscribing to the digital newspaper of a potential future home can be a double-edged sword. I enjoy reading about restaurants and cultural events (and seeing the temperature on the homepage: sunny and 60's!) but I don't enjoy reading about...
by willardx
Tue Mar 31, 2020 11:20 am
Forum: Personal Investments
Topic: If you have loss harvested - check your "Realized Gains/Losses"
Replies: 14
Views: 1532

Re: If you have loss harvested - check your "Realized Gains/Losses"

Any chance VG would have fixed this on the back end, that what you see on the screen is not how it's stored on their servers, and your 1099 would have reflected the loss? I ask more to reassure myself as I will be harvesting a loss for the first time and this is just one more 'gotcha' that I have to...
by willardx
Mon Mar 30, 2020 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45105

Re: College in fall

My SO is a professor at a competitive small college. Although she has no insight as to what will happen in the fall, the impression I'm getting is that the school would move heaven and earth to have the fall semester start as normal. None of these schools have operating budgets that would allow for...
by willardx
Sun Mar 29, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45105

Re: College in fall

We are in the same boat with a high school senior and really wondering what will happen. My wife and I view college as more than taking classes for a diploma, so to pivot to a junior college while our daughter lives at home would be a real disappointment. We had pretty much settled on which school s...
by willardx
Sat Mar 28, 2020 11:17 am
Forum: Personal Consumer Issues
Topic: Any ex-lawyers here?
Replies: 44
Views: 3836

Re: Any ex-lawyers here?

I recently changed my license to ‘inactive’ after several years of barely using it. In the years leading up to my ‘retirement,’ I focused more on landlord-tenant issues as I was acquiring rental properties, helping me learn through experience on both sides of my businesses. My goal was to build up p...
by willardx
Thu Mar 26, 2020 7:01 pm
Forum: Personal Investments
Topic: TLH with trusts and individual accounts: pitfalls?
Replies: 31
Views: 895

Re: TLH with trusts and individual accounts: pitfalls?

I didn't realize this conversation was going on, I will study your posts more carefully later and try to clarify things, if that would help. For now, I will say that the current trustee was not the grantor for either trust. She is both trustee and one beneficiary among several for one trust, and sol...
by willardx
Wed Mar 25, 2020 7:16 pm
Forum: Personal Investments
Topic: TLH with trusts and individual accounts: pitfalls?
Replies: 31
Views: 895

Re: TLH with trusts and individual accounts: pitfalls?

2. No. If you or your spouse are a trustee on the trust, and you or your spouse are a beneficiary on the trust, then wash sales are possible. The tax court ruled a long time ago that trusts are not exempt from wash sale rules. After I posted, I began to wonder about the beneficiaries being a factor...
by willardx
Wed Mar 25, 2020 1:08 pm
Forum: Personal Investments
Topic: TLH with trusts and individual accounts: pitfalls?
Replies: 31
Views: 895

TLH with trusts and individual accounts: pitfalls?

Yes, it's another tax loss harvesting question. I've read the wiki on it and searched BH for posts that might answer my questions, this is mostly for confirmation of what I'm trying to accomplish. First, some questions: 1. Irrevocable trusts that file separate tax returns (i.e. has its own EIN) can ...
by willardx
Mon Mar 23, 2020 12:05 am
Forum: Personal Consumer Issues
Topic: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?
Replies: 25
Views: 1451

Re: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?

Nice! If you’re new to cycling, I would look for a local cycling club. Group rides are not advisable currently but you can get the lowdown on routes and appropriate gear from a website, Facebook page, or email listserv. From my experience, there’s never a shortage of opinions. And as someone already...
by willardx
Fri Mar 20, 2020 4:04 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 310
Views: 28375

Re: Who here is buying stocks today and how much?

I rebalanced a little bit, should be enough to get within the 5% band, from VG Total Bond fund to VG Small Cap Index, in the retirement account.
by willardx
Thu Mar 19, 2020 10:46 pm
Forum: Personal Investments
Topic: 529 plans and volatility
Replies: 9
Views: 630

Re: 529 plans and volatility

I used to be annoyed that my kids’ target 529 plans weren’t appreciating as much as the stock market, since I have a high school senior and two sophomores. I’m not so annoyed now.
by willardx
Wed Mar 18, 2020 11:39 am
Forum: Personal Investments
Topic: Landlords how are you handling your renters
Replies: 16
Views: 2008

Re: Landlords how are you handling your renters

I own a multi-tenant commercial property and one tenant already contacted me about not being able to pay rent. He owns a travel agency (!), I’m surprised he’s stayed in business this long. I bought this property a year ago so these are all previous tenants. I told him I would work with him on rent. ...
by willardx
Sun Mar 15, 2020 2:22 pm
Forum: Personal Consumer Issues
Topic: Coronavirus - Helping Others
Replies: 19
Views: 1404

Re: Coronavirus - Helping Others

Agreed. We are planning to volunteer at local organizations, we have gotten emails for help with food banks, and now that our schools are shut down, our kids can help the community and do something good out of this.
by willardx
Sat Mar 14, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: So what does shutting down the US economy for a few months look like?
Replies: 200
Views: 15295

Re: So what does shutting down the US economy for a few months look like?

During the 2008 financial crisis one big impact was that many college students that graduated during the crisis could not get their careers started since almost no companies were hiring. Many graduating students with job offers had the job offers withdrawn. I remember seeing an article about this s...
by willardx
Thu Mar 12, 2020 4:56 pm
Forum: Personal Consumer Issues
Topic: Flying to UK in a few hours
Replies: 4
Views: 603

Re: Flying to UK in a few hours

How available is testing where they are going? If they go and get tested without straining the public health systems, to be certain they won't infect your mother-in-law, that seems like a decent hedge. Tough call, though, I wish you the best with all of it.
by willardx
Thu Mar 12, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: Has anyone canceled flight and re-purchased?
Replies: 4
Views: 476

Re: Has anyone canceled flight and re-purchased?

We are considering cancelling our family trip to Hawaii for next week, spring break vacation. Hawaiian Airlines is letting me cancel with credits usable for travel by the end of this year. Not a great benefit but it's something. A week ago, I noticed a big price difference between what we paid month...
by willardx
Mon Mar 09, 2020 2:34 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 310
Views: 28375

Re: Who here is buying stocks today and how much?

I put in an order today to exchange some Total Bond Index money into Small Cap Index fund in a deferred account. My AA was out of whack by more than 5%, and VG's new web layout was telling me this repeatedly. I didn't exchange enough to bring it back to my desired AA, but back within 5%. I'm not too...
by willardx
Sat Mar 07, 2020 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand why I need uninsured, underinsured motorist liability and medical payments.
Replies: 50
Views: 4039

Re: Help me understand why I need uninsured, underinsured motorist liability and medical payments.

I was hit by an uninsured motorist as I was riding my bicycle about a year ago. It was clearly her fault, she was cited, and I spent three weeks in a hospital with multiple surgeries and still doing PT to recover from it. I discovered I had very robust UM coverage because of my umbrella policy, whic...
by willardx
Thu Sep 26, 2019 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 103
Views: 17527

Re: Vanguard alert [Unclaimed property notice]

I decided to use this as an opportunity to try another company. Instead of opening a new account at Vanguard, I went to the nearest Fidelity branch. It was a more complicated account, a business account with atypical owners. It took a couple visits with a financial advisor and a 'relationship manage...
by willardx
Tue Sep 24, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard alert [Unclaimed property notice]
Replies: 103
Views: 17527

Re: Vanguard alert [Unclaimed property notice]

The same thing happened to me this morning. I was having trouble filling out an online form to open a new account, so I disabled my Ad Blocker to see if that would help (it didn't; VG's online forms is buggy and I wondered if that was a source of this problem too--was VG itself hacked?!). Then I see...
by willardx
Thu Sep 19, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]
Replies: 52
Views: 5337

Re: My bicycle ride from Florence, Italy to Bern, Switzerland [journal added]

This came at a good time, I am researching a family trip to Italy with Rome and Florence being the main cities to serve as base camps. I am an avid cyclist but a recent accident has thrown my future in cycling into question. Nevertheless, I love the idea of renting a bike in Rome/Florence and explor...
by willardx
Wed Sep 11, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Help With New Car Purchase - Macan S versus...
Replies: 57
Views: 5661

Re: Help With New Car Purchase - Macan S versus...

My mom totaled her RX350 (I think, it was the hybrid version) over a year ago and my parents haven't replaced it yet because they hate the design of the current Lexus models. They are making do with an old Lexus LS and an uncomfortable Toyota 4Runner until they decide they can stomach another Lexus ...
by willardx
Wed Aug 28, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Good housing market site for Southern California
Replies: 6
Views: 924

Re: Good housing market site for Southern California

https://www.piggington.com/

I found this site when the real estate bubble was deflating around 2007. I haven't read it in a while and it focuses on San Diego, but maybe you can find useful info on it.
by willardx
Wed Aug 28, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Do I need Uninsured Motorist Bodily Injury if I have health insurance?
Replies: 54
Views: 3626

Re: Do I need Uninsured Motorist Bodily Injury if I have health insurance?

OK - related question.. I thought I understood almost everything about auto insurance - BUT I guess not. What, exactly, is Personal Injury Protection (PIP) and how does it differ from Medical payments? I notice that PIP is required in many state, but is optional in others. My state does not mandate...
by willardx
Tue Aug 27, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Do I need Uninsured Motorist Bodily Injury if I have health insurance?
Replies: 54
Views: 3626

Re: Do I need Uninsured Motorist Bodily Injury if I have health insurance?

So I think the only case in which UM insurance would be better is if your medical bills are less than your UM coverage. Or am I missing something? Correct, as long as my medical bills are less than $1.3 million, there is room for negotiations. I am less than halfway there, more like 1/3 there. But ...
by willardx
Tue Aug 27, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: Do I need Uninsured Motorist Bodily Injury if I have health insurance?
Replies: 54
Views: 3626

Re: Do I need Uninsured Motorist Bodily Injury if I have health insurance?

I hate to disappoint Willardx, but I don't think he will personally collect a nickel from his uninsured motorist policy. As his attorney pointed out, the medical insurance will put lien (correct term: subrogate, I believe) against his own UM bodily injury policy, and they will be in line before his...
by willardx
Tue Aug 27, 2019 5:05 pm
Forum: Personal Consumer Issues
Topic: Do I need Uninsured Motorist Bodily Injury if I have health insurance?
Replies: 54
Views: 3626

Re: Do I need Uninsured Motorist Bodily Injury if I have health insurance?

This past January, I was hit by a woman who was driving uninsured as I was biking. She was cited for failing to yield and for being uninsured. I was seriously injured (still recovering), and in the fog of all the anesthesia from the surgeries immediately after the accident, I panicked when I heard t...
by willardx
Mon Aug 26, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 18799

Re: White collars- How much is your work downtime?

I just saw 'Office Space' again last night, lots of people here sound like upper-management material!
by willardx
Mon Aug 26, 2019 12:00 pm
Forum: Personal Consumer Issues
Topic: Coffee becomes cold too soon
Replies: 119
Views: 10760

Re: Coffee becomes cold too soon

I don't know what you consider to be a normal mug, but my parents got these and swear by them: https://smile.amazon.com/Hydro-Flask-Travel-Coffee-Press/dp/B07G3R47K7/ref=sr_1_2_sspa?crid=2B02HR83O1EXQ&keywords=hydroflask+coffee+mug+12+oz&qid=1566838612&s=gateway&sprefix=hydroflask+coff%2Caps%2C230&s...
by willardx
Thu Aug 22, 2019 3:43 pm
Forum: Personal Investments
Topic: Thinking of Moving a Couple of Stocks to Vanguard
Replies: 3
Views: 310

Re: Thinking of Moving a Couple of Stocks to Vanguard

We moved one large stock holding from Computershare to VG earlier this year, for convenience and it seemed like trading on the stock would be cheaper at VG (free). There were some complications that took some time to effect the transfer but it was worth it when we sold the stock later.
by willardx
Wed Aug 21, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: [Deleted]
Replies: 12
Views: 1646

Re: Selling your home with Opendoor

Opendoor only required an online form submission. Zillow starts with an online form and then calls you to discuss. When I honestly told the Zillow rep that I wouldn't sell unless they offered me something too good to refuse, the rep said Zillow only wants to buy homes from serious sellers. My Zillow...
by willardx
Wed Aug 21, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: [Deleted]
Replies: 12
Views: 1646

Re: Selling your home with Opendoor

The list of cities doesn't reflect that Opendoor (can't speak to Zillow, but assume the same business model) doesn't make offers if they don't know the submarket/neighborhood. As I said, I asked for an offer for another property in the same metro area, but they declined for the reason I stated. Arti...
by willardx
Wed Aug 21, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: [Deleted]
Replies: 12
Views: 1646

Re: Selling your home with Opendoor

I recently sold a rental property to Opendoor. They offered more than the price I was planning to list it, so the extra fees they charged were more than offset by the higher price. It is now back on the market for a slightly higher price so I will be curious if it sells for significantly more, net o...
by willardx
Mon Aug 19, 2019 6:35 pm
Forum: Personal Investments
Topic: Opportunity Zone investments
Replies: 3
Views: 579

Re: Opportunity Zone investments

I recently bought a commercial property in an OZ, I decided to create my own Qualified Opportunity Fund with the help of a law firm and accounting firm. I have a background in residential property investment so I decided to consolidate and use LTCG to fund this purchase and renovation (bought an exi...
by willardx
Fri Aug 16, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Proof of finance in vanguard
Replies: 16
Views: 2626

Re: Proof of finance in vanguard

When we were buying a property with cash, we needed to show proof of funds. Instead of supplying a statement that might be far in excess of the purchase price, Vanguard supplied a letter stating that we had sufficient funds for the negotiated price. Our realtor discouraged providing a statement, as ...
by willardx
Thu Aug 15, 2019 6:48 pm
Forum: Personal Consumer Issues
Topic: Headache buying new minivan
Replies: 37
Views: 4422

Re: Headache buying new minivan

We had a 2001 Honda Odyssey for over ten years, raised our three kids in it. When it came time to replace it a couple years ago, I looked at lightly used Siennas and Odysseys, test driving both. I preferred the Odyssey because its engine seemed peppier and the backup camera monitor was larger than i...
by willardx
Sun Aug 11, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy in Honolulu
Replies: 31
Views: 4690

Re: Rent or Buy in Honolulu

Thanks for the update, sounds like you made the right decision for yourselves, that's great. Boy, from Hawaii to Alaska, that's quite a change of scenery!
by willardx
Sun Aug 11, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy in Honolulu
Replies: 31
Views: 4690

Re: Rent or Buy in Honolulu

I'm curious what OP decided, as I am trying to get more info on the Kaka'ako development and how the supply/demand is in that area.