Search found 3599 matches

by denovo
Tue Jan 23, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance: Trust with Land + Investments - 3 Heirs
Replies: 12
Views: 880

Re: Inheritance: Trust with Land + Investments - 3 Heirs

As it reads now all of heir #1 assets split 50/50 to heir #2 and #3. None of that helps to determine what type of entity should be created, unless you are arguing for the liquidation of all assets and distribution of cash to the heirs immediately in order to make things easier. Given the historic n...
by denovo
Tue Jan 23, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance: Trust with Land + Investments - 3 Heirs
Replies: 12
Views: 880

Re: Inheritance: Trust with Land + Investments - 3 Heirs

Factual question… If this is an inheritance, why wouldn’t there be a step up in basis on the inherited assets, including the land? There is a step up basis yes. We are not looking to sell this property now and are trying to understand how to best prepare for a potential sell over the next 5-30 year...
by denovo
Tue Jan 23, 2018 3:08 am
Forum: Personal Consumer Issues
Topic: Is there some kind of fraud?
Replies: 5
Views: 1003

Re: Is there some kind of fraud?

Can you check if someone unfroze your credit..... I checked, it's still frozen, and have been so since several months. I'm 100% sure that the unfreeze pin is not compromised since I've not put it in email it other digital format at all. Disclaimer: I am not an Identify Theft Expert, but I think som...
by denovo
Tue Jan 23, 2018 2:46 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 34
Views: 5399

Re: Someone Needs To Pay For What They Did (Advice sought)

It is really difficult to assign "fault" here. As a landlord, I would start to consider anyone who took me to small claims court a troublemaker and would not renew their rental agreement. If someone asked nicely for a cost sharing arrangement I might consider it, but there is no proof anyone did an...
by denovo
Tue Jan 23, 2018 2:42 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 34
Views: 5399

Re: Someone Needs To Pay For What They Did (Advice sought)

4th and Inches wrote:
Fri Jan 19, 2018 2:48 am
Just pay it and move on with your life.
I strongly disagree. This was landlord's fault. And OP has proof. I don't understand why anyone would be willing to pay hundreds for others mistakes.
by denovo
Tue Jan 23, 2018 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 34
Views: 5399

Re: Someone Needs To Pay For What They Did (Advice sought)

I would politely present the evidence to her, old bills and the new bill, and ask for a rent reduction to offset it. Actually the people who should pay it are the idiot maintenance company, so she might go after them. I can see not noticing the problem. I don't get up to the second floor in my hous...
by denovo
Tue Jan 23, 2018 2:19 am
Forum: Personal Consumer Issues
Topic: Is there some kind of fraud?
Replies: 5
Views: 1003

Re: Is there some kind of fraud?

Can you check if someone unfroze your credit.....
by denovo
Mon Jan 22, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living comparison (HCOL vs LCOL)
Replies: 67
Views: 3645

Re: Cost of living comparison (HCOL vs LCOL)

How does the appreciation in home value “cover” maintenance and PITI payments? It can be a bad idea, and it's certainly gotten much stricter (underwriting), but you can always borrow from the home. Even if you don't, from an accounting perspective, you even eventually sell the home, and realize the...
by denovo
Mon Jan 22, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 97
Views: 4141

Re: Going to one income-seeking testimonials

When we did it in the 80's, the loss of "take home" pay was 50% of spouse's gross wage. Eliminating commuting costs, day care and other such expenses made it pretty much a break even situation. Keep in mind that "break even" situations may only apply to the short term. If the spouse who stays home ...
by denovo
Mon Jan 22, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 97
Views: 4141

Re: Going to one income-seeking testimonials

Great advice, thank you for those. We currently only have internet, Netflix and amazon-very few monthly subscriptions. We drive old cars, currently on the lookout to pay cash for a new (to us) car for my wife. Groceries are a fixed budget item at $140/week (that’s everything from snacks to shampoo)...
by denovo
Mon Jan 22, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Chevrolet Suburban - 1500 or 2500?
Replies: 20
Views: 969

Re: Chevrolet Suburban - 1500 or 2500?

And should I be worried about underbody rust on trucks from snow/salt states? I heard about folks replacing rusted out brake lines for a grand or so. You should worry about rust. You should worry about cars that have been flooded. People conceal that, sometimes even manage to doctor titles so you h...
by denovo
Sun Jan 21, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 97
Views: 4141

Re: Going to one income-seeking testimonials

All that being said, I’m terrifed. I’ve heard great stories about one income experiences, but it just seems like a new world to me. Anyone out there have advice for a young family (lower 30s) transitioning to a one income? My advice is to post your budget on a separate thread. I am sure you can fin...
by denovo
Sun Jan 21, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Going to one income-seeking testimonials
Replies: 97
Views: 4141

Re: Going to one income-seeking testimonials

All that being said, I’m terrifed. I’ve heard great stories about one income experiences, but it just seems like a new world to me. Anyone out there have advice for a young family (lower 30s) transitioning to a one income? My advice is to post your budget on a separate thread. I am sure you can fin...
by denovo
Sat Jan 20, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 79
Views: 3455

Re: Laughter is the Best Medicine - What makes you Laugh?

1. Stand up comedy, but it's very hard to find good ones. Netflix has a good library of current comedians, and the Hbo App has a lot of older classics.

2. Classic sitcoms. Everybody Loves Raymond and I Love Lucy.
by denovo
Sat Jan 20, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Pros and Cons of High Rise Condos for retired couple
Replies: 44
Views: 4439

Re: Pros and Cons of High Rise Condos for retired couple

Not sure if they'd see it as a pro or con, but they don't need a car anymore.
by denovo
Sat Jan 20, 2018 12:32 am
Forum: Personal Consumer Issues
Topic: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data
Replies: 38
Views: 3757

Re: Costco Citi removing Foreign Transaction Fees; No Fee/Reimbursed Fee International ATM; ; Free International Data

The only thing is that the Citi Costco VISA rewards can only be redeemed at Costco, while Chase offers many more options. Yes, you have to take the rebate certificate to Costco. However, you do not need to spend the rebate there. Costco will give you cash for the rebate certificate. This is correct.
by denovo
Sat Jan 20, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Can You Say...Auto Insurance
Replies: 33
Views: 2226

Re: Can You Say...Auto Insurance

I have pretty good coverages 100/300/50 to protect myself & my assets in case of a accident. I' am even thinking of a umbrella policy. Suggestions would be welcome. Thanks for letting me rant...any suggestions? Shop around for a better rate. You don't need an agent for this. You can do it online by...
by denovo
Sat Jan 20, 2018 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Have you or anyone you know actually used umbrella coverage?
Replies: 34
Views: 3236

Re: Have you or anyone you know actually used umbrella coverage?

An acquaintance's wife was walking on the street and was hit by a vehicle that swerved on to the sidewalk. The injured victim needed years of physical therapy and never completely recovered. The damages exceeded the driver's liability limits and the umbrella had to pay out some money.
by denovo
Sat Jan 20, 2018 12:19 am
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4153

Re: Buying a car?

So I decided to buy a used car (Toyota Corolla 2016) and took the advice of others - email dealers and basically ask for the best offer, telling them the current best offer you have. I told them I'm ready to buy ASAP (maybe there are 4 dealers with cars in competitive price ranges near me). However...
by denovo
Sat Jan 20, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Mother In Law's new boyfriend...
Replies: 28
Views: 3322

Re: Mother In Law's new boyfriend...

Hmm, why is this any of your business? I think any intervention on your part or that of your husband is fraught with complications because it may seem self-interested. It could come across as your trying to preserve your expected inheritance. It is her money. She can do what she wants with it. Just...
by denovo
Fri Jan 19, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Mother In Law's new boyfriend...
Replies: 28
Views: 3322

Re: Mother In Law's new boyfriend...

Of course, she must get a prenup or possibly put things in a trust! Like 10x over, I would stay out of it because you are the in-law, but your husband should step up big time to the plate. Your husband and his mom should seek appropriate legal advice with counsel familiar with rules of the state.
by denovo
Thu Jan 18, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Car accident - was directed to sign release
Replies: 71
Views: 4842

Re: Car accident - was directed to sign release

miamivice wrote:
Thu Jan 11, 2018 9:26 am

$300 - carseat replacement

Did you pay $300 for the car seat you already had?
by denovo
Wed Jan 17, 2018 6:23 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7691

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

I think Vanguard should get out of the prediction business. How much money is Vanguard wasting on these goofy videos no one is going to watch?
by denovo
Tue Jan 16, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 147
Views: 17667

Re: MoviePass-Too good to be true, but it's legit.

Update: I've had MoviePass now for 4 months. In that time, I have paid for 4 months of service for a total of $40 , and seen 24 movies. Tickets I used to pay for cost $11 each, so I've saved about $224. I never buy concessions from the movie theatres, so this has been an excellent deal and great sav...
by denovo
Tue Jan 16, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: US escorted tours
Replies: 15
Views: 1000

Re: US escorted tours

Especially in urban or suburban areas where driving is even harder. In much of the US public transportation is limited or nonexistent so taking an organized tour makes a lot of sense. It's definitely true that US public transportation mostly sucks, but I doubt they want to visit the suburbs to comb...
by denovo
Tue Jan 16, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3923

Re: Umbrella Policy - 1M or 2M

tommormile wrote:
Mon Jan 15, 2018 7:35 pm


- We will have a new teen driver this year.
-

Expect the price of your umbrella to go up a lot when you add teen driver.
by denovo
Tue Jan 16, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: US escorted tours
Replies: 15
Views: 1000

Re: US escorted tours

Many cities that they would probably want to visit in the U.S. (NYC, Chicago, Philly, DC Boston, SF, Miami) don't need a car. Public transportation +Uber/Lyft is more than sufficient, and I guess they don't have to worry about a language barrier since they are coming from Australia. Only cities that...
by denovo
Tue Jan 16, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance in excess of federal plan
Replies: 5
Views: 443

Re: Flood Insurance in excess of federal plan

Floods that literally wash away the home are pretty rare. I don't think most damage in the recent storms were of that nature.
by denovo
Mon Jan 15, 2018 5:16 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3680

Re: Are land line phones still being supported?

They are the absolute lowest priority. Expect costs to go up and support to go down year by year until they are eliminated. Hard to believe. There are still places without fast internet or cell reception in the US. My parents house is one of them. Without a land line they'd have nothing. I am talki...
by denovo
Sun Jan 14, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3680

Re: Are land line phones still being supported?

They are the absolute lowest priority. Expect costs to go up and support to go down year by year until they are
eliminated.
by denovo
Sun Jan 14, 2018 6:18 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 268
Views: 65337

Re: My New Car Buying Tips

Ithrive wrote:
Sun Jan 14, 2018 4:08 am
Question: How do you find out the email addresses for the dealerships? There has to be an easier way than calling them all to ask and it's not listed on the webpages I've checked.

Thanks
Look more carefully. Most have a directory or contact option.
by denovo
Sat Jan 13, 2018 6:41 am
Forum: Personal Consumer Issues
Topic: Telematics and Auto Insurance
Replies: 13
Views: 791

Re: Telematics and Auto Insurance

No, thanks. I value my privacy too much.
by denovo
Fri Jan 12, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 17
Views: 1321

Re: Best Movies of 2017

travellight wrote:
Fri Jan 12, 2018 8:41 pm
Molly's game.
Wonder.

If you liked Molly's Game, you'd probably get a big kick out of binge-watching Sorkin's stuff.

The West Wing (on Netflix)

The Newsroom (HBO)

https://en.wikipedia.org/wiki/Aaron_Sorkin#Films
by denovo
Fri Jan 12, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 17
Views: 1321

Re: Best Movies of 2017

Molly's Game
by denovo
Thu Jan 11, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 53
Views: 5008

Re: Getting your spouse on the same page

You know your wife better than others here on this forum. Everyone changes the mind based on differing modes of presentation. You have the best idea what would work, not us.
by denovo
Thu Jan 11, 2018 5:32 am
Forum: Personal Finance (Not Investing)
Topic: Credit score dropped 30 points because I paid off my auto loan?
Replies: 39
Views: 5652

Re: Credit score dropped 30 points because I paid off my auto loan?

Rupert wrote:
Wed Mar 29, 2017 12:06 pm
That 30-point drop is not going to affect your ability to get a mortgage or the rates you qualify for. Typically, a score anywhere between 760 and 850 will qualify you for the best rates.
+1
by denovo
Thu Jan 11, 2018 1:38 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1573

Re: How to pay for a new kitchen and dinning room

How on earth could it cost $100K to remodel a kitchen and dining room? I'm not sure how you would even remodel a dining room, other than new paint/carpet/furniture. That sounds like about $3K - $4K tops. 20K for cabinets. 10K for solid stone counters. 10K for high end pro-consumer appliances. 5K fo...
by denovo
Thu Jan 11, 2018 1:35 am
Forum: Personal Consumer Issues
Topic: Online source for Eastern European/Russian Foods
Replies: 3
Views: 311

Re: Online source for Eastern European/Russian Foods

If you live in a large metro with a decent number of people from Russian/Eastern Europe decent, your best bet is to find a local "ethnic" grocery market that specializes in foodstuffs from that region. They are around. But they're usually small, in strip malls in small locations.
by denovo
Wed Jan 10, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4153

Re: Buying a car?

Ok I guess that's what I'll do. I really like my old car though, which I why I'm debating on seeing if I can lower the cost of some parts or even get a better deal at another body shop. Does that estimate seem reasonable though? The estimate is very reasonable. The parts are cheap and that's a low ...
by denovo
Wed Jan 10, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1919

Re: home inspection on house I already live in?

Thanks for all the advice, everyone. If I do decide to buy this particular house, I will probably get the inspection just for peace of mind. It's not a house I want to stay in long term, since it doesn't check off all the boxes I'm looking for, but my options at this point are find a house I like a...
by denovo
Wed Jan 10, 2018 1:51 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10111

Re: Trusts for adults Children

My parents received their inheritances with no strings attached. I wouldn't expect to be treated any differently and would be offended if they think they couldn't trust me to manage the money or when to use it. denovo - you're obviously trapped in a paradigm where any control that a trust may impos...
by denovo
Wed Jan 10, 2018 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10111

Re: Trusts for adults Children

I am talking about the contraptions that limit what you can withdraw or assign somebody else as a trustee to boss you around. I would be extremely offended if my parents tried to cook up anything like that. Interesting. Most of the trusts that we discuss on the forum are nothing like this. Certainl...
by denovo
Tue Jan 09, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10111

Re: Trusts for adults Children

So you see no issues with two 20-somethings inheriting a seven-figure estate before they have even launched their own careers? That's baffling to me. That kind of cash would throw an adult nearing retirement for a loop -- let alone a veritable kid. I trust my kids to exercise good judgment, but you...
by denovo
Tue Jan 09, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1919

Re: home inspection on house I already live in?

Another person who has found home inspection reports to be worthless. On my last house, they mentioned three lightbulbs that were burnt out and two outlets missing covers. They didn't tell me that the sump pump wasn't installed to code or that the kitchen sink was leaking and had rotted out the bot...
by denovo
Tue Jan 09, 2018 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1919

Re: home inspection on house I already live in?

Since OP is the tenant and has access to the house, what does the forum think about OP having the inspector come before making an offer (ie without owner even being involved/aware)? Could that put OP in a position to make a stronger-looking offer, such as by waiving inspection contingency if OP alr...
by denovo
Tue Jan 09, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 22
Views: 1919

Re: home inspection on house I already live in?

Not sure if this is the proper section for this question, but it is real-estate related. I have been renting a house for about 9 years, and my landlord now has the urge to sell. One option is for me to buy it. Should I get a home inspection? :confused Yes. A million times yes. You may be living in ...
by denovo
Tue Jan 09, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10111

Re: Trusts for adults Children

So you see no issues with two 20-somethings inheriting a seven-figure estate before they have even launched their own careers? That's baffling to me. That kind of cash would throw an adult nearing retirement for a loop -- let alone a veritable kid. I trust my kids to exercise good judgment, but you...
by denovo
Tue Jan 09, 2018 6:26 am
Forum: Personal Consumer Issues
Topic: Buying a car? [Need help with strategy for purchasing a used car]
Replies: 40
Views: 4153

Re: Buying a car?

Thanks all, appreciate the advice. Super helpful, I took it to auto body shop and said just that. Would like not to buy a car - that's a big pain for me, but will resort to those websites and probably stick to Hyundai/Toyota like folks are saying. But did get a revised estimate, not sure if this se...