Search found 245 matches

by navyitaly
Sat Jun 22, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Anyone moved cross country. How did you manage to do it without going nuts??
Replies: 47
Views: 3995

Re: Anyone moved cross country. How did you manage to do it without going nuts??

Military have moved from CA to SC to HI to TN to CA to VA to CA to CA to Italy to CA to CA in 19 years. Granted the government pays for every move and you have a job, but you deal w it and move on. But yes moving sucks. And we’ve done this w multiple children too. And both of us are in the military.
by navyitaly
Sat Jun 15, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Buy Mini-Van Tomorrow or No?
Replies: 59
Views: 3283

Re: Buy Mini-Van Tomorrow or No?

Buy a new 2019 hybrid. W the tax credit and incentives you can get them not that much more than a used 2018. You won’t be disappointed. This assumes your income would support you utilizing the $7500 tax credit.
by navyitaly
Sat Jun 01, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Thinking of leasing bmw 3 series
Replies: 56
Views: 4249

Re: Thinking of leasing bmw 3 series

Don’t put money down on a lease..instead put multiple security deposits down and lower the money factor.
by navyitaly
Sat Mar 23, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: Lease a car or buy a car
Replies: 49
Views: 3176

Re: Lease a car or buy a car

People are out of touch..in 2019 there are no zero down $99 per month leases anywhere and barely any $249..cheapest is like $279-$299 for anything halfway decent. Interest rates are up and residuals are down.
by navyitaly
Mon Feb 04, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are HOA "road fees" deductible? (my home)
Replies: 6
Views: 563

Re: Are HOA "road fees" deductible?

To clarify, for a rental home, it’s not deductible, it can be used as a business expense which offsets income..it’s not deductible like “tax deductible” like first mortgage interest is.
by navyitaly
Sat Jan 26, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Unpleasant surprise 2018 Federal Tax - high level overview?
Replies: 114
Views: 16448

Re: Unpleasant surprise 2018 Federal Tax - high level overview?

All you have to do is go on website and make an ETP for 2018 and there shouldn’t be a penalty.
by navyitaly
Tue Jan 08, 2019 5:22 pm
Forum: Personal Consumer Issues
Topic: Pacifica Hybrid? Alternative? Now or Later?
Replies: 6
Views: 671

Re: Pacifica Hybrid? Alternative? Now or Later?

You misunderstand the clean vehicle rebate. San Diego County is for preregistering it online first...otherwise you just send the stuff in. It’s $1500 for registering the car in CA. You dont have to be a CA resident, just register it in CA for 36 months.
by navyitaly
Tue Dec 25, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Military: No match on December LES TSP contributions?
Replies: 7
Views: 823

Re: Military: No match on December LES TSP contributions?

Government shutdown has nothing to do w DOD.
by navyitaly
Sun Oct 14, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Credit card price protection: Are Citi and CapitalOne the only providers
Replies: 1
Views: 328

Re: Credit card price protection: Are Citi and CapitalOne the only providers

USAA and Navy Fed AMEX cards have it and Schwab debit does too.
by navyitaly
Sat Sep 01, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: How to pay ACA subsidy back
Replies: 7
Views: 818

Re: How to pay ACA subsidy back

Just do an Estimated Tax Payment online.
by navyitaly
Thu Aug 16, 2018 11:52 pm
Forum: Personal Consumer Issues
Topic: Recent Trip to Naples, Italy
Replies: 14
Views: 1966

Re: Recent Trip to Naples, Italy

Since I was stationed there for 3.5years, I’m guessing you walked over to the CAPO base and checked out Support Site too..shocked on the secrets the government owns like SS w nobody knowing about it?
by navyitaly
Fri Aug 03, 2018 11:28 am
Forum: Personal Investments
Topic: Assistance with in-laws' retirement accounts
Replies: 14
Views: 1217

Re: Assistance with in-laws' retirement accounts

Maybe not worry about your Inlaws finances and make spouse and his or her siblings do it. That’s my advice.
by navyitaly
Tue Jul 31, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: retiring from military to federal job
Replies: 15
Views: 1782

Re: retiring from military to federal job

In most cases she has to wait 180 days to get hired as a government civilian.
by navyitaly
Tue Jul 24, 2018 11:02 pm
Forum: Personal Investments
Topic: Why VTSAX did not align with S&P 500 today?
Replies: 12
Views: 2093

Re: Why VTSAX did not align with S&P 500 today?

VTSAX is like 80% S&P and 20% extended market...

so weigh 80% VOO and 20% VXF and see what % it changed.
by navyitaly
Tue Jul 24, 2018 11:01 pm
Forum: Personal Investments
Topic: Lawsuit payout
Replies: 19
Views: 3429

Re: Lawsuit payout

is the settlement $100k or your proceeds net of legal expenses, attorney fees, medical liens $100k..big difference...ie the settlement is closer to $300k..
by navyitaly
Tue Jul 24, 2018 5:03 pm
Forum: Personal Investments
Topic: TLH Wash Sale Scenario - help understand
Replies: 3
Views: 331

Re: TLH Wash Sale Scenario - help understand

What did you buy SCHF for? that's kind of important...per share, # of shares, and total proceeds.
by navyitaly
Mon Jul 09, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 130
Views: 9352

Re: Whole Life - We're doing it. What to look for?

I am a NMAA customer with a whole life policy I bought in 2003 and one for my wife in 2004..both are paid in full now... Takeaways, everything you pay in you can get out if you cancel...so if you cancel, they will lose some money...but your values won't go up for awhile if you keep it. They've chang...
by navyitaly
Wed Apr 04, 2018 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Military SBP (Survivor Benefit Plan) - Is it worth it?
Replies: 15
Views: 4290

Re: Military SBP (Survivor Benefit Plan) - Is it worth it?

SBP premiums are deducted from your taxable income too...so you are only taxed on your pay - SBP premium = taxable amount like a 401k/TSP.
by navyitaly
Thu Mar 29, 2018 8:03 pm
Forum: Personal Investments
Topic: Wash sale question- are ITOT and VTI Substantially Identical?
Replies: 78
Views: 9045

Re: Wash sale question- are ITOT and VTI Substantially Identical?

Being real who cares for a normal guy. If you got audited it’s a mistake if you lost pay the difference and move on. You aren’t getting charged w a crime over a mistake. We all make mistakes.
by navyitaly
Fri Mar 23, 2018 9:55 pm
Forum: Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 3481

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

I "back door" USAA legally and their $8.95 rip off ETF fee....and I buy Fidelity funds... All you need to do is have a Vanguard brokerage account since they charge $0 outgoing ACATS fee for securities...buy your Vanguard ETFs through Vanguard and a week later ACATS them to USAA...then USAA holds the...
by navyitaly
Mon Feb 12, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 9490

Re: I’m not renewing my Costco membership.

So cancel your Costco membership then...what’s the point of posting a post about it? I’m lost....
by navyitaly
Sat Feb 10, 2018 11:52 pm
Forum: Personal Investments
Topic: Portfolio Review, Close to retirement, Help me invest $700K
Replies: 9
Views: 1895

Re: Portfolio Review, Close to retirement, Help me invest $700K

Is your federal rate really 33% w $180k income? Even w taxable dividends that still seems really high....since spouse has no income.
by navyitaly
Sat Feb 03, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Understanding new tax table withholding rates
Replies: 18
Views: 1801

Re: Understanding new tax table withholding rates

if you have kids under 18 and you are solid middle class you will get the child tax credit at $2k per child that you didn't get before.
by navyitaly
Thu Feb 01, 2018 1:03 am
Forum: Personal Consumer Issues
Topic: Contracter gives rebate which helps me with tax credit - Fraud??
Replies: 2
Views: 659

Re: Contracter gives rebate which helps me with tax credit - Fraud??

Good rule of thumb for everything in life is..if you have to think about it or ask for advice..it's probably not ethical..maybe illegal or fraudulent...use your common sense.
by navyitaly
Mon Jan 29, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: Bank of America vs Chase
Replies: 41
Views: 13675

Re: Bank of America vs Chase

To get out of the ACH fee, just have a Merrill Edge account, transfer the money there in real time and send it from there...same everything, but under the Merrill Edge brand, it’s free.
by navyitaly
Thu Jan 25, 2018 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Rental Properties and Capital Gains
Replies: 10
Views: 1563

Re: Rental Properties and Capital Gains

Depreciation recapture is 25%...all those years have to be paid back wither they took it or not.
by navyitaly
Tue Jan 23, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Mango Money: 1099-INT Incorrect?
Replies: 7
Views: 773

Re: Mango Money: 1099-INT Incorrect?

You could not report it on your taxes in 2017 and do it in 2018 as ultimately your tax return is your declaration of your income..if you get audited explain to auditor your stance...you either win or lose...if you win nothing happens, if you lose you have to amend and pay penalties and tax right?
by navyitaly
Tue Jan 23, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: Tax preparation amount charged
Replies: 16
Views: 1603

Re: Tax preparation amount charged

If yours is simple forget the accountant use a commercial software program for $30 and call it a day.
by navyitaly
Fri Jan 05, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: CapOne Quicksilver vs. USAA card
Replies: 14
Views: 1181

Re: CapOne Quicksilver vs. USAA card

I have one (Limitless), but it’s severely restricted..only LA residents at this point.
by navyitaly
Tue Dec 26, 2017 12:07 am
Forum: Investing - Theory, News & General
Topic: Annual vs quarterly dividends from Schwab fund
Replies: 16
Views: 1878

Re: Annual vs quarterly dividends from Schwab fund

If you don’t like the fund and how it operates buy another fund.

And yes you are missing the converse. In a bear market you are saving on the slight losses you may get w quarterly etc so it all evens out.
by navyitaly
Sun Dec 17, 2017 9:56 pm
Forum: Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 2299

Re: Military Deployment Help—TSP Optimization

1. SDP is a not as easy as one would think. You should try to contribute, but the pay clerks aren't enthusiastic about helping. If memory serves correctly, it is best to write a check out of your personal (savings) account and have the pay clerks deposit the funds into the SDP--rather than divertin...
by navyitaly
Sun Dec 17, 2017 9:52 pm
Forum: Personal Investments
Topic: Military Deployment Help—TSP Optimization
Replies: 17
Views: 2299

Re: Military Deployment Help—TSP Optimization

just so you know (not that its a big deal but it's true) the interest on SDP is taxable interest even though you are in a CZTE when you do it.
by navyitaly
Thu Dec 14, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Active Duty Military Bereavement Leave?
Replies: 16
Views: 9104

Re: Active Duty Military Bereavement Leave?

no there's no bereavement leave in the military. it's just charged as normal leave, not nonchargeable leave.
by navyitaly
Sat Dec 02, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 6472

Re: How do I convince my employees to invest more?

maybe with such low salaries they can't afford to...
by navyitaly
Fri Nov 24, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Target Pre-pay phones on Thanksgiving in store issues
Replies: 13
Views: 1628

Re: Target Pre-pay phones on Thanksgiving in store issues

Target cell phone company is a contractor. They don’t work for Target. They do things their way.
by navyitaly
Fri Nov 17, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 28
Views: 2460

Re: United change fees

If you would have done the other action they cancel both flights w no compensation or further value.
by navyitaly
Fri Nov 17, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 52790

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

Isn't that called stealing?
by navyitaly
Tue Nov 14, 2017 12:09 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 7123

Re: Keurig died...what now?

was it paid with a credit card that doubles warranty, do you have receipt? was it within this period?
by navyitaly
Sun Nov 12, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Investing HOA reserve money?
Replies: 24
Views: 2829

Re: Investing HOA reserve money?

if you lose other people's money..do you plan on repaying it yourself?
by navyitaly
Sat Oct 28, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: AmEx referral bonuses & taxes
Replies: 8
Views: 904

Re: AmEx referral bonuses & taxes

They limit payouts to $550 per year...stop making life hard, enjoy it as life is short...who cares move on.
by navyitaly
Tue Oct 24, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Generous Insurance Claim. Should I worry?
Replies: 23
Views: 2821

Re: Generous Insurance Claim. Should I worry?

move on and focus on your family..it's fine
by navyitaly
Sun Oct 22, 2017 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 8311

Re: Paying for medical school for son?

Military HPSP....let Uncle Sam pay for it and give him a nice bonus and monthly stipend in exchange for serving!
by navyitaly
Sat Oct 21, 2017 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding Transfer Fee---Will this work?
Replies: 15
Views: 1907

Re: Avoiding Transfer Fee---Will this work?

Simple work around...open a Merrill Edge taxable account..it's all the same BofA...transfer it from BofA to Merrill Edge...then transfer from Merrill Edge to whatever bank you want..$0 fee...
by navyitaly
Fri Oct 20, 2017 10:39 am
Forum: Personal Investments
Topic: Want to switch from managed USAA
Replies: 7
Views: 812

Re: Want to switch from managed USAA

If you want to stay at USAA, you can buy most Fidelity Index Funds for no charge there..i use USAA..but I use them to hold my Fidelity funds...
by navyitaly
Sat Sep 30, 2017 9:17 am
Forum: Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 31
Views: 3993

Re: Getting father-in-law off of UBS & its 1.5% AUM fee

Stay out of your spouse's family personal business? End of day who cares..not your issue...if anyone inherits anything, it's not you, it's your spouse....make your marriage easy...
by navyitaly
Sat Sep 30, 2017 9:06 am
Forum: Non-US Investing
Topic: First simple portfolio [Italy]
Replies: 12
Views: 1312

Re: First simple portfolio [Italy]

Have no idea on the European ETF, but I did just move from Italy after 3 1/2 years (US military)..all I can say is this....I didn't know anything was only taxes at 12.5%..isn't your life taxes and bureaucracy? I mean come on $10 per gallon for gas because of taxes from the Adriatic War and all the o...
by navyitaly
Wed Sep 27, 2017 6:22 pm
Forum: Personal Consumer Issues
Topic: Car Lease break
Replies: 12
Views: 1632

Re: Car Lease break

Active Duty military can't terminate unless deploying 181 days or more with proof or overseas orders with proof...I had overseas orders...Mercedes Benz and Ford were painless to do.