Search found 1285 matches

by 8foot7
Thu Apr 18, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3517

Re: Windows 7 end of support - Jan 14, 2020

Allow me please to run against traditional wisdom here and say that a WMC machine that is used as an appliance, not to surf the web and install random apps, will be just fine and can be used for many more years after the artificial deadline. I would not treat a family computer the same way — that wo...
by 8foot7
Thu Apr 18, 2019 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer Evaluation - FANG
Replies: 92
Views: 7796

Re: Job Offer Evaluation - FANG

Anyone have advice for the following situation? My partner wants to stay in Baltimore for a year while I go to fang. It seems like a waste of money to pay for a mortgage and an apt plus 2 households. Her reasoning is she is going to be promoted to director and wants it on her resume. But it’s only ...
by 8foot7
Wed Apr 17, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Do you pick up after renting a vacation rental?
Replies: 51
Views: 3401

Re: Do you pick up after renting a vacation rental?

If I’m being charged a cleaning fee I’m not going to do the work I’m paying for. We won’t leave the place a pig sty but your next guests aren’t my problem at $175 on top of my nightly rate. If there is no cleaning fee or it’s a deposit, I’m happy to put more effort in.
by 8foot7
Tue Apr 16, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: $29 collections notice
Replies: 31
Views: 2779

Re: $29 collections notice

It's all automated blackmail these days. They'll do $1,000 worth of damage to your credit (there is a financial cost to having a 600 score vs 800) over a stupid late fee of $15. One bill, especially if disputed, won't do 200 points damage. Not only that, they've changed things so that medical bills...
by 8foot7
Tue Apr 16, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Executor of Will - Selling House in Poor Condition
Replies: 84
Views: 6366

Re: Executor of Will - Selling House in Poor Condition

I can't imagine what could possibly be the point of paying off that mortgage using your own funds. That would be an administrative nightmare. It was difficult enough to properly document MIL's estate when only the funeral and locksmith expenses were advanced from our own funds (this was before we ha...
by 8foot7
Tue Apr 16, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: $29 collections notice
Replies: 31
Views: 2779

Re: $29 collections notice

Hi- I received a $29 notice from a collections agency that relates to some labwork. Amazing to me that someone would chase you down for $29. It's all automated blackmail these days. They'll do $1,000 worth of damage to your credit (there is a financial cost to having a 600 score vs 800) over a stup...
by 8foot7
Tue Apr 16, 2019 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Executor of Will - Selling House in Poor Condition
Replies: 84
Views: 6366

Re: Executor of Will - Selling House in Poor Condition

The solution is to have an estate sale. The place will be empty by the time the sale is over, and anything left the estate sale folks can haul off to charity or the dump for an extra fee. They'll take some absurd percentage of the profits but then again they handle everything, and I mean everything....
by 8foot7
Mon Apr 15, 2019 5:56 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 104
Views: 8071

Re: Luxury car recommendations?

2013-2017 pre-owned (preferably CPO) Lexus LS. Lots of them on sale now at bargain prices. Drives/rides like a dream w/Camry reliability. I would get a CPO w/Lexus extended warranty (good for 7 years from the time you buy it and it's a full extension of the new car warranty; best warranty in the bu...
by 8foot7
Mon Apr 15, 2019 5:53 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 104
Views: 8071

Re: Luxury car recommendations?

We're lifelong savers. With some luck we're doing relatively fine financially. So we'd like to live a bit more. In the past we usually buy a brand new Camry or like, and run for 10 years and repeat. Now we are wondering if we should try a Lexus or something similar? Some background info: We are cer...
by 8foot7
Mon Apr 15, 2019 2:33 pm
Forum: Personal Investments
Topic: $1.1 million rental portfolio, but tired of being a landlord
Replies: 87
Views: 10562

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

It sounds like these were not ideal rental properties at first blush. Not the worst but certainly not the ones you'd be looking to buy on these numbers, and that's going to affect how easily you can get rid of them. And anyone looking to take 10 properties off your hands is going to want a discount,...
by 8foot7
Mon Apr 15, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: $29 collections notice
Replies: 31
Views: 2779

Re: $29 collections notice

Courses of action: 1) recommend as another poster says above to ask the doctor/hospital/original biller to pull it back from collections and pay them directly. If they won't, then 2) ask for a confirmation in writing that upon payment any negative marks reported to any consumer agency will be fully ...
by 8foot7
Mon Apr 15, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: $29 collections notice
Replies: 31
Views: 2779

Re: $29 collections notice

this is why Clark Howard says never put your SSN on any doctor's paperwork. Not only is there a security risk which happens via medical offices more often than you'd think, there's the possibility of reporting the charge and harming your credit. just a PSA. They don't need your SSN to get it on you...
by 8foot7
Sun Apr 14, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Minor received 1099-MISC for Internship
Replies: 27
Views: 1554

Re: Minor received 1099-MISC for Internship

Do you disagree that she was paid at all, or you disagree that it was a 1099 IC situation vs. an employee that would receive a W-2? If you disagree with the 1099, then you can deduct on Schedule C the amount of the 1099 and then attach an explanation. A 1099-MISC from an internship absolutely belong...
by 8foot7
Sat Apr 13, 2019 10:22 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4076

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

I think the next car I buy I’ll just bring my laptop and wire the money right to the dealer from Fidelity while sitting in the office. No fee for me and dealer gets confirmed funds plus another layer of verification that I am who I say I am (since the wire will have my name on it).
by 8foot7
Sat Apr 13, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4076

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

6 years ago when we bought a new Honda Accord the dealer said we had to unfreeze our credit if we wanted to take the car THAT DAY or we could wait a few days [ until check cleared ?] because we were paying by cashier's check. We unfroze our credit but I don't want to do that again. There's no way I...
by 8foot7
Fri Apr 12, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8531

Re: Buying a house next year. Wife wants a big house. Thoughts?

I would set your upper limit at 500k, put 100k down, and enjoy your life. 500k is a nice house with plenty of space anywhere except a HCOL area.
by 8foot7
Fri Apr 12, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a rental house for ex-wife
Replies: 29
Views: 2622

Re: Purchasing a rental house for ex-wife

You’re already paying her way too much. Why pay her more? No kid needs $2800/month. That is more than lots of families (5+ people) live on. And you came to this conclusion.... with what data? I'm not that poster, but I'd agree that no kid needs $33,600 in support per year from just one parent and m...
by 8foot7
Fri Apr 12, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Funds discovered after probate?
Replies: 13
Views: 1350

Re: Funds discovered after probate?

We had a smal (less than $500) amount get cashed out in my MiL’s name after we had closed everything up. Attorney advised that since is was for a relatively small amount and no claimants had not received their due (no one she owed money to got stiffed), we just put it in my wife’s (the daughter of t...
by 8foot7
Fri Apr 12, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Funds discovered after probate?
Replies: 13
Views: 1350

Re: Funds discovered after probate?

How much is at stake per eventual beneficiary? In other words, how many ways will $600 be divided?
by 8foot7
Thu Apr 11, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a rental house for ex-wife
Replies: 29
Views: 2622

Re: Purchasing a rental house for ex-wife

I know you are asking about the financial aspect, but my current wife would get hives if my ex-wife used our pool while I was away, and being two minutes from her on a golf cart would be like being two minutes from the event horizon of a black hole. All sanity bends toward the speed of light, foreve...
by 8foot7
Thu Apr 11, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: sort of deadbeat tenant
Replies: 23
Views: 2704

Re: sort of deadbeat tenant

I'm really curious about a state that doesn't let a landlord deduct unpaid rent from a security deposit. Can someone name at least one? I've had a slow day and spent 30 minutes googling and haven't found one yet, and I've done the usual suspects CA, WA, OR, NY, NJ, IL, TX, FL.
by 8foot7
Thu Apr 11, 2019 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: sort of deadbeat tenant
Replies: 23
Views: 2704

Re: sort of deadbeat tenant

I would also just subtract it from his security deposit. Since several have suggested this again, note that in some jurisdictions it is illegal, and could set the landlord up for severe penalties. (A "clever" deadbeat tenant could perhaps even try to entice this...?) RM I'm unaware of any state tha...
by 8foot7
Thu Apr 11, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 589
Views: 45210

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

3 - there will NOT be a $250 minimum on checks drawn on it - and, oh by the way, the $250 minimum on Prime MM no longer exists. Can you set up an ACH pull based on that checkwriting information? Not a deposit, but if I wanted to pay my Amex could I put in the routing and account number of the Prime...
by 8foot7
Thu Apr 11, 2019 9:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 589
Views: 45210

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

3 - there will NOT be a $250 minimum on checks drawn on it - and, oh by the way, the $250 minimum on Prime MM no longer exists. Can you set up an ACH pull based on that checkwriting information? Not a deposit, but if I wanted to pay my Amex could I put in the routing and account number of the Prime...
by 8foot7
Thu Apr 11, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4076

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

I don't understand the angst about all of this. If the dealership won't take a cashier's check without a credit pull, then go buy from another dealership. Unless all dealers for that particular make in the area require it, then it becomes an issue. Certainly true, yes. But very unlikely given how c...
by 8foot7
Thu Apr 11, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: sort of deadbeat tenant
Replies: 23
Views: 2704

Re: sort of deadbeat tenant

Since next month is the final month just let it go. Give him a letter describing the amounts he gave you, what he owes you, and subtract the difference from his deposit and return the rest. If you didn't glean a deposit, then just let it go. You will easily spend $150-200 in costs and time pursuing ...
by 8foot7
Thu Apr 11, 2019 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

Day 3 Update: -Tuition reimbursement has been approved. -Still at a table. -People impressed that she’s learning very quickly because she’s apparently the first employee to read the intranet documentation. -She’s moved to a 5 out of 10 but still very unhappy. Honestly, I feel if her first day had b...
by 8foot7
Wed Apr 10, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8115

Re: Are Airport Lounges Worth the Money?

The first time you are in DFW at 5:30 pm, thunderstorms roll in, and the AAngels in the club get you home that night, you’ll realize the lounge is worth it. Or you arrive early into Chicago and there’s a flight to home leaving in 10 minutes that’s already closed, but it’s the next gate over and the ...
by 8foot7
Wed Apr 10, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: HELOC Draw Strategy / Risk Question
Replies: 3
Views: 240

Re: HELOC Draw Strategy / Risk Question

I would pull the funds as soon as you are able if you really need the funds. There's no telling what a bank will want to do and none of us can say for sure. You would probably be fine, but if you absolutely have to have the funds, you need to draw them immediately to assure they're available.
by 8foot7
Wed Apr 10, 2019 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5754

Re: Eviction notice

Don't know why everyone is giving you a hard time. When there is a payment method transition not initiated by you, there ought to be a modicum of grace in how irregularities are handled the first month or two. A simple phone call or an e-mail from the management office on the 6th of the month would ...
by 8foot7
Wed Apr 10, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Finding buyer's agent if we might buy our current rental
Replies: 8
Views: 507

Re: Finding buyer's agent if we might buy our current rental

You were right to be upfront and your previously very eager buyer agent is a turd. There are plenty of other buyer agents who will show you homes and happily exclude your current home from their agreement with you. Seriously they are a dime a dozen.
by 8foot7
Wed Apr 10, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Consulting Fees Redirected to Charity
Replies: 17
Views: 1043

Re: Consulting Fees Redirected to Charity

dodecahedron, thanks for the detailed, authoritative response! My issue is that I manage my MAGI to stay under the family limit for the PTC. Charity deductions reduce AGI, but not MAGI, so the added income (over my already-booked income) would inflate my MAGI beyond the limit and result in the loss...
by 8foot7
Wed Apr 10, 2019 6:33 am
Forum: Personal Finance (Not Investing)
Topic: IRS 2% bounced check fee!!
Replies: 41
Views: 4931

Re: IRS 2% bounced check fee!!

+1 to all the folks who say 2% isn’t reasonable. Also +1 to asking for a waiver; I’ve found the IRS very reasonable when it comes to mitigating circumstances in a couple of different interactions in the past. They’re not the boogeyman (even though I still try to steer clear of them when possible).
by 8foot7
Tue Apr 09, 2019 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is a work-at-home job have the same expectations as the office job?
Replies: 63
Views: 3440

Re: Is a work-at-home job have the same expectations as the office job?

Many WFH jobs are more results oriented than task oriented. With the exception of scheduled meetings and being available for instant messaging, I’m generally free to manage my time by myself as long as my quarterly goals are hit. I don’t have to sit at my desk from 8-5 to get credit for a day’s work...
by 8foot7
Tue Apr 09, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Unexplained state tax refund after state deposited my tax due check
Replies: 4
Views: 356

Re: Unexplained state tax refund after state deposited my tax due check

For $16 I'd just file the check away and revisit in six months.
by 8foot7
Tue Apr 09, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

I was hired into my current job in March 2018 and I was asked after four days at work of being employed I to explain an apparent discrepancy in my work history from 2004 that came up during the background check. I was able to explain the issue, and yes, I questioned why the hell something 14 years ...
by 8foot7
Tue Apr 09, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Broadly Written Non-Competes
Replies: 12
Views: 1061

Re: Broadly Written Non-Competes

Also, and I have had some luck in the past with this strategy -- often these directives come down because they're some checkbox on a consultant's list of process improvements. Enough times out of all of them, there isn't a lot of follow-through on these one-time ad-hoc paperwork attacks, so especial...
by 8foot7
Tue Apr 09, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Broadly Written Non-Competes
Replies: 12
Views: 1061

Re: Broadly Written Non-Competes

Are they offering anything besides your continued employment with the firm as an incentive to sign? Like you say, direct competitors one can understand, but including vast swaths of related industries isn't right. How long is the term they're requesting?
by 8foot7
Tue Apr 09, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

Why on Earth would you tell them that? It's unreal how people in this thread think their past is always there, haunting them, ready to strike. Literally nobody cares. I was hired into my current job in March 2018 and I was asked after four days at work of being employed I to explain an apparent dis...
by 8foot7
Tue Apr 09, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

Why on Earth would you tell them that? It's unreal how people in this thread think their past is always there, haunting them, ready to strike. Literally nobody cares. I was hired into my current job in March 2018 and I was asked after four days at work of being employed I to explain an apparent dis...
by 8foot7
Tue Apr 09, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

Look for a new job. Take the layoff package when it arrives. Sounds like they don't have much for her to do. She might not get anything. Very often severance is based on years of service. If it does come to her getting canned this week or next, I'd make a pretty big (yet professional) to-do about h...
by 8foot7
Tue Apr 09, 2019 10:43 am
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1311

Re: Car Repairs - Make Insurance Claim or Self-Pay?

You will find your insurance with collision to be really, really high after a charged accident by a teenager. I don't believe your rates will only go up 10%. When I had an accident as a teenager our rates went up by, almost to the dollar, the cost of the accident spread over three years. That was no...
by 8foot7
Tue Apr 09, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Can you buy a new car with a cashiers check without unfreezing a credit freeze?
Replies: 68
Views: 4076

Re: Can you buy a new car with a cashiers check without unfreezing a credit freeze?

I don't understand the angst about all of this. If the dealership won't take a cashier's check without a credit pull, then go buy from another dealership. Leave your credit frozen and when they start hemming and hawing, just say, "look, do you want this money or not? Because Joe Blow Chevrolet 6 mil...
by 8foot7
Tue Apr 09, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

Maybe she was supposed to have a team but what was that team’s objective? Maybe she ought to dig in a little more and see how she might begin fulfilling that objective. Grab coffee with table mates? Ask boss for 5-10 names of people to meet that will be key to learning company and her role? Walk ar...
by 8foot7
Tue Apr 09, 2019 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 18496

Re: Wife hates new job...wants to quit after 1 day

I would not rush to judgment after one day and I surely wouldn’t waste money on an atttorney, for Pete’s sake. She has a job, presumably they’re paying her or will in two weeks, what could possibly be the cause of action there? That an at-will perk of employment was removed? It was two weeks before ...
by 8foot7
Tue Apr 09, 2019 6:46 am
Forum: Personal Consumer Issues
Topic: Car Repairs - Make Insurance Claim or Self-Pay?
Replies: 22
Views: 1311

Re: Car Repairs - Make Insurance Claim or Self-Pay?

For $6,000 I’d be filing with insurance. That’s what I’m paying for. Agree with others that I’d drop collision after repair is made.
by 8foot7
Sun Apr 07, 2019 10:53 am
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7166

Re: Huge AIrBNB Cancellation Charge

Even the airlines let you cancel with 24 hours unless you are within a 7 day window prior to departure.

You could even defend a $250 administrative fee for the hassle.

$1,200 for a mistake resulting in no damages for anyone realized in 120 minutes defies conscience.