Search found 1789 matches

by JGoneRiding
Thu Nov 14, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Small business records move and storage costs
Replies: 7
Views: 293

Re: Small business records move and storage costs

Not sure about the IRS but my advice would be to scan and destroy
by JGoneRiding
Thu Nov 14, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 122
Views: 9265

Re: Turbotax 2019 on Amazon

I always buy the Home and Business version. Most years I buy as soon as available on Amazon, but this year I think I'll wait. It always drops in price within a few weeks. Plus when I bought it last year it was barely functional--there were so many "incomplete" sections--and the main reason I wanted...
by JGoneRiding
Sat Nov 09, 2019 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Seller's agent not letting us use a buyer's agent
Replies: 122
Views: 10455

Re: Seller's agent not letting us use a buyer's agent

If you had a Buyer's Agent, they should have been with you from the first visit. You were asked if you had an agent, and you said no. For what purpose would you use a Buyer's Agent at this point? Negotiating? Hire a real estate attorney, which you should do before you sign anything. We visited prob...
by JGoneRiding
Wed Nov 06, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Want to open a Roth IRA for a teenager...
Replies: 14
Views: 977

Re: Want to open a Roth IRA for a teenager...

C Schwab has the lowest fee for the s &p 500 index and I believe the lowest starting amount of $100 and you can invest additional as low as $1

Plus they are easy online but also have 24/7 service unlike some.others.
by JGoneRiding
Sat Nov 02, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3669

Re: No out of network coverage

Would you save the 6k? If you would save it most likely you are ok.
by JGoneRiding
Sat Nov 02, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How does part-year dependent affect ACA premium subsidy?
Replies: 5
Views: 341

Re: How does part-year dependent affect ACA premium subsidy?

I dont think the IRS will let you claim.him at all. The IRS considers things as of dec 31. I was married on Sept 12. We had to pay 2k in penalties because it was never thought out about mid year changes like most other things are. I would set your family status as it will likely be on dec 31 and the...
by JGoneRiding
Sat Nov 02, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12464

Re: Possible Layoff: Need Assurance That We Will Be Okay

So, what is really driving this question? Not long ago you started a thread ( https://www.bogleheads.org/forum/viewtopic.php?f=1&t=292873&p=4798664#p4798664 ) about your fear of quitting, maybe the layoff is really a blessing so you don't have to fret over quitting. I'm scared. I'm afraid of failur...
by JGoneRiding
Sat Oct 26, 2019 12:44 am
Forum: Personal Finance (Not Investing)
Topic: I no longer plan on retiring early
Replies: 110
Views: 15107

Re: I no longer plan on retiring early

Any plans for all that extra cash? Sounds like the plan is to work less so there isn’t as much extra cash. I like that plan and wish I could do the same. I have excepted a similar plan for myself. Though retire at 50 never an option as I am "just" a dvm. But I would rather work a little for a long ...
by JGoneRiding
Fri Oct 25, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 4866

Re: First Republic Bank doesn’t have physical coins

In my area, many of the banks won't deposit coins anymore unless they are wrapped first. We often do a fundraiser where we get a lot of coins and we are having to go further away to find a bank that will accept them. The only alternative is for publicly available coin sorting machines that take a p...
by JGoneRiding
Fri Oct 25, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Do you plan to actually spend down your portfolio?
Replies: 104
Views: 9717

Re: Do you plan to actually spend down your portfolio?

My goal is to not run out of money. If you fund from a portfolio (rather than an annuity) then you need a buffer to deal with the uncertainties. So you are likely to have some funds left at death. Depends on if you hit life expectancy or not. My grandma entered a nursing home 6 years ago with 400k....
by JGoneRiding
Thu Oct 24, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Mort. Refi math question - how to calculate mid term prepay
Replies: 5
Views: 282

Re: Mort. Refi math question - how to calculate mid term prepay

Try mortgage professor . His site has a lot of comparison calculations. I also like quicken mortgage calculator. It let's you put in how much and when you started early payment
by JGoneRiding
Thu Oct 24, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: ACA 2020 pricing [What's your 2020 pricing?]
Replies: 38
Views: 4017

Re: ACA 2020 pricing

I dont know about ACA but for the first year ever our employee plan is going down. But the dependents portion went up a little so no savings.
by JGoneRiding
Wed Oct 23, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15182

Re: I bought a STOLEN vehicle!!!

Are you sure the car wasn't stolen from you??? That was my first thought, too. Like, $13,000 in paper money?! I am sorry for what you are going through, but why would you make a major purchase from a private seller in cash? Probably because, as a seller, I would never accept anything but cash. Too ...
by JGoneRiding
Mon Oct 21, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 9837

Re: Advice: Windfall Makes Working Worse Than Not Working

Do you already own real estate in Ca? If so declaring yourself not a state resident may be hard but if not it shouldn't be that complicated but I would get started. Tell your works you are taking a 1 year sabbatical and try to leave in good terms.
by JGoneRiding
Mon Oct 21, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Homebuyer wants me to do a 1031 exchange. Um, what?
Replies: 81
Views: 8483

Re: Homebuyer wants me to do a 1031 exchange. Um, what?

Agree that buyers and sellers have no obligation to share motivations. There is also no obligation on the seller to sign the 1031 addendum. Why didn’t buyer disclose this? Do you think it could have been because they didn’t want seller to know about it before price was set? Real estate deals are ma...
by JGoneRiding
Thu Oct 17, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5238

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

And if you pay towards mortgage, where will you get the capital to pay off the loan when it is due in 1.5 years? I get credit card balance transfer offers like this all the time. If you can find a fixed income investment that pays a roughly equal interest rate you still lose because of taxes. At mo...
by JGoneRiding
Sat Oct 12, 2019 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: 37% Estate Income Tax. Ouch!
Replies: 7
Views: 1612

Re: 37% Estate Income Tax. Ouch!

You definitely need to talk to someone. I would have thought you would get a step up.
by JGoneRiding
Sat Oct 12, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Seller misrepresented fulfillment of defect fixes - next steps? sue?
Replies: 55
Views: 5048

Re: Seller misrepresented fulfillment of defect fixes - next steps? sue?

I don't think I'd use a real estate agent next time. I'd pay for a lawyer out of the 3% I'd save. God, I find this soooo frustrating. We needed guidance and it basically wasn't provided. I worked very hard to understand the transaction as much as possible and I believe I understood more than the va...
by JGoneRiding
Sat Oct 05, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about capital gains taxes owed
Replies: 12
Views: 956

Re: Confused about capital gains taxes owed

Thanks for the help. When I enter the information, Taxcaster has my tax liability at $1,270 for the year if I do not put in the gains and $3,910 if I do. So only $2,690 owed on the approximately $62,000 in gains. Does this sound correct, as a quick 'n dirty estimate? It just seems astonishingly low...
by JGoneRiding
Sat Oct 05, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do? New to this stuff
Replies: 33
Views: 4023

Re: What would you do? New to this stuff

Really do appreciate the posts. Just to play devils advocate, does anyone else have a different pov? My SL was sitting at just under 5% so I chose to invest first. I put a lot more than you are saying into my retirement and rental investments . I mostly dont regret it but you are sitting on 50k in ...
by JGoneRiding
Wed Oct 02, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 14046

Re: Willingly going from lucrative job to unemployed?

You have no children and no plans for them so do whatever you want.

Though you might find with less stress children become more appealing.

It's not like you can't take a year off and go back to a great job. Might not be crazy high but 100k is still a good job.
by JGoneRiding
Sun Sep 29, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20162

Re: financially clueless senior MIL who thinks she’s rich

Let's say her expenses are $5k a month ($4k community + $1 other stuff). If she ends up with $390k (that $200k of savings mentioned and $190k from the house), it's roughly $3k draw down per month after social security of $2k. That means she's got around ten and a half years of expenses. If she runs...
by JGoneRiding
Tue Sep 17, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Facing very short gap without health insurance, options
Replies: 26
Views: 1293

Re: Facing very short gap without health insurance, options

They do make gap insurance plans that dont cover pre existing conditions or other ACA requirements specifically for this.

Google short term gap insurance
by JGoneRiding
Mon Sep 16, 2019 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rate last week
Replies: 38
Views: 4260

Re: Mortgage rate last week

I noticed this too cause I was messing with refi but was to busy getting back to work the first week if sept. So I am back to waiting again to see if it goes down.

I need a 3.5% to make it make any sense. I am sitting at 3.875% right now
by JGoneRiding
Sun Sep 15, 2019 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Selling home- Demanding Buyer (Repairs)
Replies: 486
Views: 49749

Re: Selling home- Demanding Buyer (Repairs)

Due to an estate I have been in charge of selling two homes in the last year plus. In both cases the goal of listing just below expected price worked great.

OP. Can you stop trying to sell? If you are still living there I would simply unlist and wait till spring and restart
by JGoneRiding
Sun Sep 15, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: cost basis when selling house - generator
Replies: 12
Views: 1295

Re: cost basis when selling house - generator

The question becomes will it even matter? It might if high hold it long enough but otherwise you get 250k to 500k depending on marital status for free
by JGoneRiding
Sun Sep 15, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Managing joint finances when one is a perfectionist
Replies: 122
Views: 8215

Re: Managing joint finances when one is a perfectionist

Convince him to turn on the automatic min payment function on his cards. Then at least he will.never get late fees My Dh isnt that bad but he also isnt as detailed as I am. I am most likely not as detailed as you cause i too have said well it was ar least x and gone with that a time or too. Just cre...
by JGoneRiding
Wed Sep 11, 2019 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning - Pension
Replies: 24
Views: 2989

Re: Retirement Planning - Pension

Funny story. My grandma worked for the state of wa part time for just a few years. When she turned 65 it resulted in a pension of about $75 a month. Which at eas first funny. But grandma is long lived at almost 100 she is getting over $400 which is helping make things a little better. So pensions ar...
by JGoneRiding
Mon Sep 09, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Lending to friend to India
Replies: 54
Views: 3847

Re: Lending to friend to India

Can I be your friend?
by JGoneRiding
Sun Sep 08, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 20941

Re: Paying "early" on mortgage may be unwise

I remember this thread and now think I have a problem with my mortgage. Until reading this thread (or parts of it), I assumed my extra payment(s) would go toward principal. If it doesn't where does it go? For example, I send them a check for 1 years worth of payments. If they don't apply it to prin...
by JGoneRiding
Sun Sep 08, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Calculate income
Replies: 12
Views: 920

Re: Calculate income

I assume you mean "savings rate calculation." What will you do with the number after you finally calculate it? I am no longer accumulating; but when I was, I never calculated a savings rate. It never occurred to me that I might need to. I agree. I think the much more valuable number is savings rate...
by JGoneRiding
Sun Sep 08, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Calculate income
Replies: 12
Views: 920

Re: Calculate income

I assume you mean "savings rate calculation." What will you do with the number after you finally calculate it? I am no longer accumulating; but when I was, I never calculated a savings rate. It never occurred to me that I might need to. I am trying to see if I am hitting targets. Actually having 2 ...
by JGoneRiding
Sun Sep 08, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5931

Re: Banks requiring fingerprint on a check for non-customers to receive cash

Appreciate everyone's responses. Sometimes there are unpredictable circumstances where one is in a situation that is outside of normal routine - such is life. I see that most respondents do not see any issues with this fingerprinting policy and view it as a positive security protection. I am very p...
by JGoneRiding
Sun Sep 08, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Calculate income
Replies: 12
Views: 920

Calculate income

Every week we have a new savings calculation thread! After the last one I sat down and tried to calculate mine. Then I remembered why I have struggled to do so. Figuring out what counts as savings is hard enough but I can't even determine the denominator for what counts as income! We have 2 w2 incom...
by JGoneRiding
Sat Sep 07, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Home / Re balancing Simultaneously ??
Replies: 6
Views: 526

Re: Buying Home / Re balancing Simultaneously ??

Depending on your age it sounds to risky to me. Not enough stock exposure and to much real estate exposure. Unless you are over 65 and retired then inthink it is fine!
by JGoneRiding
Wed Sep 04, 2019 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 84
Views: 9784

Re: Refinance Mega Thread

roadnottaken wrote:
Sun Sep 01, 2019 8:43 pm
I just went to 3.22%/20yr from 3.5%/25yr with all closing costs covered. Barely worth the hassle, but it does work out in our favor by about $25k so I did it
With who! That is exactly what I have been looking for. I haven't been able to find d 25 yr options
by JGoneRiding
Wed Sep 04, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Down Payment vs. Invest vs. Student Loan
Replies: 15
Views: 857

Re: Down Payment vs. Invest vs. Student Loan

Thanks everyone. For clarity, I am returning to a different location in 3 years. There is additional income here to make up housing costs which gets me into the 24% bracket. Call it a temporary assignment. There is significant income growth projected in the next 4-6 years. I understand the debt lev...
by JGoneRiding
Sat Aug 31, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage with sale of taxable account assets?
Replies: 87
Views: 4901

Re: Pay off mortgage with sale of taxable account assets?

I would not pay the CG tax to save the interest (which is low to begin with). If it's bothering you for some reason, use cash flow and get it paid off in a few years. I agree why would you pay 15% to save a measly 3.6%? Just keep cash flowing it (which I wouldn't do either but it should make you fe...
by JGoneRiding
Sat Aug 31, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: I have 8 checking accounts?????
Replies: 32
Views: 4456

Re: I have 8 checking accounts?????

I have 5 checking accts and 4 savings accounts so whatever. I have reasons

No wait I have 5 savings one is empty though. I keep thinking capital one will raise the rate so why close it.
by JGoneRiding
Sat Aug 31, 2019 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads was right, I was wrong
Replies: 163
Views: 18011

Re: Bogleheads was right, I was wrong

If you're really serious about eliminating your mortgage, you can save a lot of interest by declaring your intention through a 10 year or 15 year mortgage refi. That would cut your interest expenses by about 30%. This, of course, removes the option to pay a lower amount. I agree.. your rate is dece...
by JGoneRiding
Fri Aug 30, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Trust beneficiary is “unbanked”
Replies: 28
Views: 2045

Re: Trust beneficiary is “unbanked”

In this day and age why would you send a check? Set up an account as a trust savings act at a bank that has branches near her. Move money into it as needed and give her a debit card. This should solve several issues she will be able to more easily access the funds with a debit card elsewhere. And if...
by JGoneRiding
Tue Aug 27, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a Will? A Trust? Nothing?
Replies: 22
Views: 1556

Re: Do I need a Will? A Trust? Nothing?

So you are the person that it's fine to DIY a will! Rocket lawyer it's like $20 make someone's life a LOT! Easier. You don't have enough to fight over so they can go in get it probated and do an easy estate file in most states. Who is your heir? Unless you have no family ar all everyone has one. Som...
by JGoneRiding
Mon Aug 26, 2019 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning - Attorney vs DIY
Replies: 27
Views: 2072

Re: Estate planning - Attorney vs DIY

I DIYed a will prior to the birth of s1 with the theory being it was better then nothing and th plan to improve later. Now that I am probating my aunts estate I have more appreciation for the need for the process and lawyer. Plus I want a testimantary trust and will feel better having a lawyer make ...
by JGoneRiding
Sun Aug 25, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Title Insurance on Refi
Replies: 22
Views: 1467

Re: Title Insurance of REfi

Maybe it's something weird about your zip. In my zip, with similar property/mortgage values with aimloan, title insurance is $450 for a refi and $1003 for a purchase. But similar to yours, the lender credit is less for a refi for some reason. I think it must be something to wa state. I am not any w...
by JGoneRiding
Sun Aug 25, 2019 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Sudden Death: Sorting Estate in sorrow
Replies: 17
Views: 6556

Re: Sudden Death: Sorting Estate in sorrow

Ianal but I will say that from what I know MA probate estate law and CA are VERY different. The mother might want to consult a Ca lawyer as that is were everything is going to be decided. In general if someone dies intrastate without a spouse or children then the parents are the heirs. But this is c...
by JGoneRiding
Sun Aug 25, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Do you categorize additional contribution to debt repay as saving?
Replies: 101
Views: 3964

Re: Do you categorize additional contribution to debt repay as saving?

I know additional payment towards debt repayment (like additional toward mortgage principal) is not savings strictly speaking. But I am curious to know how do you track those in your income-expense-savings tracker. Big question that always leads to a big debate. https://thefinancebuff.com/savings-r...
by JGoneRiding
Sun Aug 25, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Budget for a new professional out of college
Replies: 48
Views: 3154

Re: Budget for a new professional out of college

What is her income going to be? It's not easy to make rules like "save half your income" for everyone, as this will apply differently to different people. This + NYC . She may have little ability to save. It might not be a lot but starting the habit right away is SO! Important! Especially straight ...
by JGoneRiding
Sat Aug 24, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Budget for a new professional out of college
Replies: 48
Views: 3154

Re: Budget for a new professional out of college

Google sheets and excel templates have some excellent budget outlines What I wish someone had told me: dont get use to the money! And dont tell others about it Repay as much as you can as fast as you can. Start the 401k etc the day you can at 10% until yo qualify to start save 10% separately while p...
by JGoneRiding
Sat Aug 24, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to help an employee who is in debt and requesting a loan
Replies: 110
Views: 8677

Re: How to help an employee who is in debt and requesting a loan

I would gift the money and make it clear no additional help is available. That is what I am leaning to. This will come out of my wife's personal account, not the business account ( our personal accounts are shared). I am concerned that other than making my wife feel better for the short term it wil...
by JGoneRiding
Sat Aug 24, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Social Security replacement annuity -- Is there such a product?
Replies: 64
Views: 5149

Re: Social Security replacement annuity -- Is there such a product?

There are deferred annuities were you are basically saving the money for future annuity spend down. This can be done inside of a IRA. Or you can lump sum a deferred annuity that will have a guaranteed future pay out. This isnt generally rec. The best option is to decide you need to save x% and inves...