Search found 1727 matches

by Saving$
Mon May 20, 2019 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 71
Views: 2563

Re: Should I encourage my kids to work in high school/college?

Absolutely! Working during high school didn't adversely impact my academics. If anything, working kept me out if trouble since many Fri and Sat nights I was at work. It's a great experience, he/she will learn responsibility, work ethic, experience with dealing with customers, and it will prepare hi...
by Saving$
Wed May 15, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Crawl space encapsulation
Replies: 36
Views: 2681

Re: Crawl space encapsulation

Before doing anything - especially sumps -- you need to figure out where the water is coming from and how to prevent it from getting in in the first place. We have solved most of our crawl space moisture issue by relocating some down spouts and changing some grading of ground around the perimeter. ...
by Saving$
Wed May 15, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: new renter rent to be paid by insurance company
Replies: 15
Views: 1523

Re: new renter rent to be paid by insurance company

Avoid co-signers. Gets messy.

The lease is with the people who will be living there. Add the insurance company as a guarantor, not a co-signer.
by Saving$
Sun May 12, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Move out or stay at my parents?
Replies: 70
Views: 4744

Re: Move out or stay at my parents?

Separate the two issues: a. Should you stay with your parents or move out? b. If you move out, should you live in your duplex, or rent a place somewhere? The math on living in the duplex or renting may not be as simple as $1200/month because that is the opportunity cost of not collecting rent on it....
by Saving$
Sat May 11, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: Tired of a reel mower
Replies: 42
Views: 3756

Re: Tired of a reel mower

Aren't reel mowers supposed to provide a better lawn? I was taught they "cut" the blade instead of tearing it off, which results in less yellowing. Also supposedly they are the better choice for lawns the grow sideways via stolons, such as zoysia, centipede or bermuda. Is this outdated information?...
by Saving$
Sat May 11, 2019 3:22 pm
Forum: Personal Investments
Topic: Problem moving 401k from old employer to new employer
Replies: 6
Views: 524

Re: Problem moving 401k from old employer to new employer

Thanks all. I will pass this info on to my friend.
by Saving$
Sat May 11, 2019 6:21 am
Forum: Personal Consumer Issues
Topic: Tired of a reel mower
Replies: 42
Views: 3756

Re: Tired of a reel mower

Aren't reel mowers supposed to provide a better lawn? I was taught they "cut" the blade instead of tearing it off, which results in less yellowing. Also supposedly they are the better choice for lawns the grow sideways via stolons, such as zoysia, centipede or bermuda. Is this outdated information? ...
by Saving$
Sat May 11, 2019 6:15 am
Forum: Personal Investments
Topic: Problem moving 401k from old employer to new employer
Replies: 6
Views: 524

Problem moving 401k from old employer to new employer

A friend has a 401k at a previous employer, and has seen the wisdom of moving it to the new employer 401k - simplicity in consolidation, new employer has Vanguard Index funds in the 401k, new employer does not charge AUM fee that old employer 401k does, etc. However, my friend has been told by the p...
by Saving$
Mon Apr 15, 2019 8:42 pm
Forum: Personal Investments
Topic: $1.1 million rental portfolio, but tired of being a landlord
Replies: 87
Views: 10847

Re: $1.1 million rental portfolio, but tired of being a landlord

1031 into a well located triple net lease. This has the advantage of avoiding the cap gains tax and the 25% recapture tax, as well as the PITA residential tenants. The downside is all the eggs are then in one basket, and you may get a PITA commercial tenant. What other investments does the investor...
by Saving$
Sun Apr 14, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Rentals and qualified business income 199a?
Replies: 9
Views: 766

Re: Rentals and qualified business income 199a?

1. In order to qualify for the QBI deduction for residential rental property in the future, does one have to take it for 2018? Or could one forgo this for 2018 and qualify in 2019? Reasons for doing so may include not meeting the specific safe harbor guidelines for 2018. 2. Can anyone clarify how on...
by Saving$
Sat Apr 06, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7490

Re: Huge AIrBNB Cancellation Charge

In many states and municipalities, it is illegal to collect double rent. Landlords that do this often owe the tenant double or triple damages. I reread your initial post, but AirBnB wording is important. So if the unit is in an area with that regulation and if the wording truly is that if you cancel...
by Saving$
Thu Apr 04, 2019 7:31 am
Forum: Personal Consumer Issues
Topic: Additional Costs for 3rd Child?
Replies: 74
Views: 2337

Re: Additional Costs for 3rd Child?

... My wife was hoping for a daughter that she can do girly stuff with (shopping, nails, cooking, etc)....a dream that she will have to let go of now. She brought up the idea of maybe trying for a 3rd kid in a few years..... Your and your wife's main rationale for wanting a third child seems to be ...
by Saving$
Wed Apr 03, 2019 6:58 pm
Forum: Personal Investments
Topic: Adoption Tax Credit for Special Needs Child
Replies: 3
Views: 210

Re: Adoption Tax Credit for Special Needs Child

Do it. Presumably you need to scale back the retirement contributions so that you can increase taxable income to owe enough taxes to actually get the credit. If so: 1. Do either of your retirement accounts offer a Roth (after tax) option? Look into it. If they do, you can just put it in the Roth opt...
by Saving$
Tue Mar 19, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: Security camera with local storage and remote access?
Replies: 45
Views: 2288

Re: Security camera with local storage and remote access?

Apparently it records, via wifi, to an SD card in a base station inside your house. What I can't figure out is how the online access works. If you can figure it out, than you could design the system. I am not sure what the fuss is about when all the hackers would see is your lawn and your neighbors...
by Saving$
Tue Mar 19, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Donating stock instead of cash to charities
Replies: 37
Views: 1638

Re: Donating stock instead of cash to charities

Donating appreciated stock is a great strategy. Saves you the 15% cap gains, and maybe even 20% If you are 70.5, another great strategy is QCD's. This is especially true if you are in the 22% or higher tax bracket, and/or if you don't itemize. You get the value of the donation removed from your inco...
by Saving$
Tue Mar 19, 2019 9:01 pm
Forum: Personal Consumer Issues
Topic: Security camera with local storage and remote access?
Replies: 45
Views: 2288

Re: Security camera with local storage and remote access?

I'm looking for exterior cameras only. Primarily concerned about making sure my video remains private and is NOT on somebody else's server. I also don't want to have to climb a ladder to get the video. That is why the Eufy is appealing. Apparently it records, via wifi, to an SD card in a base statio...
by Saving$
Mon Mar 18, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Security camera with local storage and remote access?
Replies: 45
Views: 2288

Security camera with local storage and remote access?

There have been a few threads about home security cameras and many people recommend the Ring brand. Researching, seems that the Ring records motion (including the comings and goings of the homeowner), then sends the video to the cloud somewhere at Ring/Amazon's servers. You can view it on your phone...
by Saving$
Sun Mar 17, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: What's Your Opinion on Nest Thermostats
Replies: 62
Views: 4955

Re: What's Your Opinion on Nest Thermostats

I think Google has actually persuaded people to pay to have their personal information collected - information Google will monetize. Brilliant. This. The main difference between Nest and all the other WiFi Programmable T-stats (and yes, there are MANY others you can access can control from an app o...
by Saving$
Sun Mar 17, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: CPA is not including form 8606 for my backdoor Roth
Replies: 86
Views: 5914

Re: CPA is not including form 8606 for my backdoor Roth

Your issue is not only that your CPA is not filling out form 8606, but that your CPA is entering the data wrong. Entered correctly, the CPA's software will automatically include 8606. In your situation, my biggest concern would be whether the correct numbers are on the correct lines, and if I was pa...
by Saving$
Sat Mar 16, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I just buy the townhouse I'm currently renting
Replies: 33
Views: 2894

Re: Should I just buy the townhouse I'm currently renting

Depends upon your state law and lease regarding Month to Month. A very little understood part of notices is most state laws count notice days only concurrent with rental periods. So if you gave your LL your 60 days notice on 3/15/19, but your lease is first to last of month, the notice is deemed to ...
by Saving$
Sat Mar 16, 2019 5:58 pm
Forum: Personal Consumer Issues
Topic: New HVAC systems before selling home
Replies: 29
Views: 2120

Re: New HVAC systems before selling home

$14k or $7k ea for a 3 ton 80% system seems a bit on the high side - are they difficult to access? I'd get other numbers, and consider only repairing the one that does not work. Even if you have to replace the outside unit it should only be around $2-3k. If you do decide to get a new system either f...
by Saving$
Sat Mar 16, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Increase in Long Term Care Insurance for My Parents - Can They?
Replies: 65
Views: 4859

Re: Massive Increase in Long Term Care Insurance for My Parents - Can They?

I do not know how anyone can reasonably assess the decision at hand without knowing the details of the policy - what is the deductible? what are the limits per time interval? what are the total limits? What exactly is covered by person and in total? etc. This. Please advise. Also: 1. Most of these ...
by Saving$
Sat Mar 16, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: End of Support Chromebook
Replies: 54
Views: 3765

Re: End of Support Chromebook

What quantand hold said.

Read about how a casino was hacked through a fishtank:
https://www.forbes.com/sites/leemathews ... 34feed32b9

Medical providers have been hacked through med devices.
by Saving$
Sat Mar 16, 2019 2:49 pm
Forum: Personal Investments
Topic: Should I borrow from my emergency fund to max out my ROTH IRA
Replies: 22
Views: 907

Re: Should I borrow from my emergency fund to max out my ROTH IRA

YES!! Money is fungible. Dont EVER lose Roth space - you can never get it back. - Put the $2k you were planning on investing in your Fidelity Roth - Open a Roth at the same place that you have your high yield savings account and put the balance of your 2018 Roth allowable contribution in that. While...
by Saving$
Sat Mar 16, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of house to assign rental
Replies: 18
Views: 1445

Re: What percentage of house to assign rental

Can a tax expert weigh in here? Is renting part of your home considered a "passive" rental activity? Is renting another home you own considered a "passive" rental activity? No tax expert - but my understanding is that renting part of your home is identical (from a tax perspective) to having a separ...
by Saving$
Fri Mar 15, 2019 10:31 pm
Forum: Personal Consumer Issues
Topic: End of Support Chromebook
Replies: 54
Views: 3765

Re: End of Support Chromebook

Ok, they stop pushing the updates. But can you pull them - ie update the browser?
by Saving$
Fri Mar 15, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of house to assign rental
Replies: 18
Views: 1445

Re: What percentage of house to assign rental

Can a tax expert weigh in here?

Is renting part of your home considered a "passive" rental activity?
Is renting another home you own considered a "passive" rental activity?
by Saving$
Fri Mar 15, 2019 10:28 pm
Forum: Personal Consumer Issues
Topic: What's Your Opinion on Nest Thermostats
Replies: 62
Views: 4955

Re: What's Your Opinion on Nest Thermostats

1. It senses if someone is home
2. It sends that info to a central website
3. Hackers could gain access to that website and use that info to break into homes

Why have yet one more point of vulnerability? A programmable t-stat works fine. If you need wifi, buy a programmable with wifi.
by Saving$
Thu Mar 14, 2019 11:27 pm
Forum: Personal Consumer Issues
Topic: Home alarm system / Internet camera recommendations
Replies: 16
Views: 1467

Re: Home alarm system / Internet camera recommendations

Considerations: 1. Do you want professional monitoring or are you ok self monitoring? I'd want professional monitoring. 2. The challenge with the new systems is the hardware ties you to a particular monitoring company. Its not (yet) like the old systems where they could just reprogram the dialer and...
by Saving$
Thu Mar 14, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of house to assign rental
Replies: 18
Views: 1445

Re: What percentage of house to assign rental

If you have a rental loss, you can deduct it. You are actively participating in the rental business and are at risk. HOWEVER, - if your current tax rate is 22%, your tax decrease will be the depreciation * 22% - if recapture remains at 25%, regardless of your own future tax rate, you will pay back t...
by Saving$
Wed Mar 13, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: lawn care cost
Replies: 57
Views: 3935

Re: lawn care cost

1/5 acre lot, of which only about 1/3 to 1/4 needs mowing; $40/mow from some college kids was the best deal I could find. Takes them less than 30 min to mow.
by Saving$
Wed Mar 13, 2019 6:05 pm
Forum: Personal Consumer Issues
Topic: Looking for New Property Casualty Insurer
Replies: 8
Views: 621

Re: Looking for New Property Casualty Insurer

Agree that if you were not happy with the customer service, vote with your wallet. However, if the details you posted are actual, and not just an example, consider revising your insurance strategy. If you have a $3500 claim and think they should have paid $2500, it indicates a $1k deductible on your...
by Saving$
Tue Mar 05, 2019 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Increase tax sheltered space 12k year or let it ride
Replies: 11
Views: 1145

Re: Increase tax sheltered space 12k year or let it ride

If you change from a Simple 401k to a Safe Harbor 401k, and move the Simple 401k money into the Safe Harbor 401k, that should also give you the opportunity to take advantage of the Backdoor Roth for you and your wife. Look into whether the SafeHarbor also allows after tax contributions so you can co...
by Saving$
Mon Mar 04, 2019 8:36 pm
Forum: Personal Investments
Topic: Starting over at 28 and need a plan going forward
Replies: 23
Views: 2942

Re: Starting over at 28 and need a plan going forward

You are doing great. 1. Shovel money into a Roth, up to the max. You already have a $3k emergency fund, so if needed you can tap the Roth principal penalty free. Don't lose that Roth space. 2. If you have leftover money, shore up the emergency fund to 6 months. 3. Suggest your employer check out Gui...
by Saving$
Sat Mar 02, 2019 8:48 am
Forum: Personal Investments
Topic: Trying to Construct 3 fund in 401k with no good bond options
Replies: 15
Views: 609

Re: Trying to Construct 3 fund in 401k with no good bond options

The .3 vs the .11 could approach $1k a year for a high six figure 401k. I found this on the wiki: To approximate Total Market: 87% Vanguard Large Cap Index Fund (VLACX) 13% Vanguard Small-Cap Index Fund (NAESX) So in this case to get 40% bonds; 60% stocks in this account, would the below work? 66% ...
by Saving$
Fri Mar 01, 2019 5:35 pm
Forum: Personal Investments
Topic: Trying to Construct 3 fund in 401k with no good bond options
Replies: 15
Views: 609

Re: Trying to Construct 3 fund in 401k with no good bond options

The .3 vs the .11 could approach $1k a year for a high six figure 401k. I found this on the wiki: To approximate Total Market: 87% Vanguard Large Cap Index Fund (VLACX) 13% Vanguard Small-Cap Index Fund (NAESX) So in this case to get 40% bonds; 60% stocks in this account, would the below work? 66% B...
by Saving$
Fri Mar 01, 2019 5:02 pm
Forum: Personal Investments
Topic: Trying to Construct 3 fund in 401k with no good bond options
Replies: 15
Views: 609

Re: Trying to Construct 3 fund in 401k with no good bond options

This one has the listed categories:
Balanced
Fixed
Large US Equity
Small/Mid US Equity
International

Nothing for Stable Value unless you mean the "Fixed" options, which both have high ER's.
by Saving$
Fri Mar 01, 2019 4:42 pm
Forum: Personal Investments
Topic: Trying to Construct 3 fund in 401k with no good bond options
Replies: 15
Views: 609

Trying to Construct 3 fund in 401k with no good bond options

A family member would like to have their 401k be a 3 fund with about 40% of it in bonds; 60% equities (and is not sure how much of the equities should be international). The 401k with that allocation works out for them for their overall total of bonds/equities based on other investments. The 401k se...
by Saving$
Mon Feb 25, 2019 9:06 pm
Forum: Personal Investments
Topic: Need help grading my "Fee Only" provider
Replies: 44
Views: 3157

Re: Need help grading my "Fee Only" provider

1. How are you doing a backdoor Roth if you have a Rollover IRA? I'm not sure you can do the backdoor if you have basis in a tIRA... 2. What type of account is your wife's retirement account? If a rollover IRA, same question as #1... 3. Good on putting $50k into your employers 401k I think the max f...
by Saving$
Mon Feb 25, 2019 7:45 pm
Forum: Personal Consumer Issues
Topic: Our landline number was ported over to someone else!
Replies: 8
Views: 2085

Re: Our landline number was ported over to someone else!

.... After hours on the phone with both companies, they told me that someone went through T-Mobile, had the proper account number and the PIN. (We didn't have a PIN -- it was a landline, and the bill came in paper and was paid by check every month). .....Does all this sound like fraud or some kind ...
by Saving$
Tue Feb 19, 2019 8:35 pm
Forum: Personal Consumer Issues
Topic: CCRCs - problems with the transition process to higher care levels?
Replies: 39
Views: 2540

Re: CCRCs - problems with the transition process to higher care levels?

I can give you first/secondhand experience of the opposite: One of the couple is 15 years older than the other. When the older of the couple needed more care due to a doctor saying the older one could not stay alone unsupervised, and needed more assistance with bathing and dressing than the spouse ...
by Saving$
Tue Feb 19, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Moved to new state/job 6M ago. Previous employer wants me back!
Replies: 57
Views: 5624

Re: Moved to new state/job 6M ago. Previous employer wants me back!

You sound like you are not going to accept the offer from the old company regardless, which in your situation sounds like the absolutely correct decision. Thus you should give them a call back and explain after consideration, you just can't leave a job you started just 6 months ago that is going wel...
by Saving$
Mon Feb 18, 2019 10:26 pm
Forum: Personal Consumer Issues
Topic: CCRCs - problems with the transition process to higher care levels?
Replies: 39
Views: 2540

Re: CCRCs - problems with the transition process to higher care levels?

I can give you first/secondhand experience of the opposite: One of the couple is 15 years older than the other. When the older of the couple needed more care due to a doctor saying the older one could not stay alone unsupervised, and needed more assistance with bathing and dressing than the spouse c...
by Saving$
Sat Feb 16, 2019 8:48 am
Forum: Personal Consumer Issues
Topic: Composite Cedar Siding and Real Cedar Siding Maintenance
Replies: 24
Views: 1825

Re: Composite Cedar Siding and Real Cedar Siding Maintenance

Allura makes a fibercement product to stain and look like cedar https://www.allurausa.com/blog/faux-cedar-siding CertainTeed makes a polymer product that is prefinished called cedar impressions Hardie makes their rustic series to be stained (its also a fibercement product) Nichiha makes in my opinio...
by Saving$
Wed Feb 13, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for property management freeware/open source non web software suggestion
Replies: 7
Views: 660

Re: Looking for property management freeware/open source non web software suggestion

Get your self a pre 2014 copy of Quicken and use that. Don't use any web connections.
by Saving$
Mon Feb 11, 2019 1:18 am
Forum: Personal Consumer Issues
Topic: Best way for Grandparent paying for day care
Replies: 23
Views: 1658

Re: Best way for Grandparent paying for day care

Why would this not fall into the same category as tuition payments? Per the IRS, a parent can claim the American Opportunities Tax Credit even for college tuition paid directly by a grandparent. (see page 2, gray example box, at: https://apps.irs.gov/app/vita/content/globalmedia/4491_education_credi...
by Saving$
Sat Feb 09, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki article - Credit freeze
Replies: 52
Views: 9460

Re: Wiki article - Credit freeze

Hi - can we add the following to the Wiki list of agencies with whom people may want to place a freeze on sharing their personal info: 1. NCTUE, a credit bureau for telecom and utility payments, as referenced in this thread: https://www.bogleheads.org/forum/viewtopic.php?p=4292705#p4292705 Link to N...
by Saving$
Sat Feb 09, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: Normal Stock Shares vs Policy Holder Trust: Difference?
Replies: 2
Views: 351

Re: Normal Stock Shares vs Policy Holder Trust: Difference?

I'm bumping this as there was no reply to the original question 5 years ago, and a Google search is not any more helpful than it was 5 years ago. The same issue has come up again (same friend, and it came up since this is the only asset that has not yet been consolidated at Vanguard, and is generati...
by Saving$
Fri Feb 08, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house with son [and his girlfriend]
Replies: 169
Views: 5829

Re: Buying house with son

Will the mortgage company allow your son and his gf to get a mortgage only them responsible for paying back, but you and your wife's name on the title? Half ownership can work, as long as you know ahead of time who is responsible for what. Do you pay half the property taxes and insurance? Do you pay...