Search found 157 matches

by scorp_pccorp
Fri Nov 09, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: United MileagePlus - Confused and looking for cheaper options
Replies: 26
Views: 2039

Re: United MileagePlus - Confused and looking for cheaper options

Buy your ticket with miles. Then, once you've secured your itinerary, book your child's ticket with cash on the same flights. I believe there is an input field during booking to enter the confirmation number for an adult traveling with the child so that it's not marked as an unaccompanied ticket, b...
by scorp_pccorp
Thu Nov 08, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: United MileagePlus - Confused and looking for cheaper options
Replies: 26
Views: 2039

Re: United MileagePlus - Confused and looking for cheaper options

Your post is confusing. There is no 32,000 mile award at United. What route are you trying to fly? Its a multi-city route from Chicago to Washington and from Richmond back to Chicago. It shows 64000 total miles. Luckily, I was able to find some past trips that were not credited to my account. With ...
by scorp_pccorp
Thu Nov 08, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: United MileagePlus - Confused and looking for cheaper options
Replies: 26
Views: 2039

United MileagePlus - Confused and looking for cheaper options

Hi folks, I have just under 50K miles in my Mileageplus account. I need to book two tickets (1 adult and 1 child) for a round trip flight (total of around 64000 miles) within the next couple of days. United is asking for almost $600 for the additional 14000 miles after using my 50K miles. I am very ...
by scorp_pccorp
Tue Oct 09, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Office Computers
Replies: 5
Views: 823

Re: Office Computers

I setup our practice with a mix of 8 Dells and Lenovos. I have a Dell T20 server which acts as the main software server for the office and a bunch of Lenovo/Dell PCs that are all connected via LAN. I got small form factor PCs to make them fit in our cabinets snugly and be out of the way. I went with...
by scorp_pccorp
Mon Oct 01, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 43
Views: 4909

Re: Yet another CP2000 for Roth IRA conversion thread

I am joining the CP2000 for 2016 crowd. I received the form in the mail last night. I will follow this thread for advice and follow-ups. Welcome to the club. Just a word of caution. Do not expect an immediate or even timely response from IRS to your response to CP2000. It's been 6 weeks since my re...
by scorp_pccorp
Tue Sep 18, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

We have a partly finished basement that I use every day. The broader issue is whether this makes financial sense. There is a big gap between "we could borrow the money and make timely payments on the loan" and the much more stringent "we can afford it" . You clearly have an expensive life style. No...
by scorp_pccorp
Tue Sep 18, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

This is a dilemma when you have too much money and a wife. It is as if you are in some sort of reality show and you need a problem to chew on. A 100-150k 320 square foot room verses buying a new house because 2000 sq feet on the first floor is cramped. You need to read that sentence a few times. Li...
by scorp_pccorp
Tue Sep 18, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

Cycle wrote:
Tue Sep 18, 2018 10:03 am
What's the walk score in this 6000sq/ft home neighborhood?
Walk score is 0/100 from Redfin :)
by scorp_pccorp
Mon Sep 17, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

I would reconfigure the 1st floor (get rid of formal dining, create an open great room) and finish the basement. Those kids are going to get older and need more space. Put in a pool table, or a home theater, or whatever your wife wants for an alternate entertainment space. I like this advice. Finis...
by scorp_pccorp
Mon Sep 17, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

I would reconfigure the 1st floor (get rid of formal dining, create an open great room) and finish the basement. Those kids are going to get older and need more space. Put in a pool table, or a home theater, or whatever your wife wants for an alternate entertainment space. I like this advice. Finis...
by scorp_pccorp
Mon Sep 17, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

If you don't like the house, sell it and move. If you like the house, want to stay, and are willing to live through some construction, I would invite a few architects to tour the house. If you hit it off with one or all, I'd suggest paying them to concept ("draw up") options that stay within the cu...
by scorp_pccorp
Mon Sep 17, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

One issue could be that we have this 2000sqft unfinished basement that is simply never used so it feels like we only have 4000sqft in reality. My wife does not want to climb down and up from the basement so finishing it may be throwing money down the drain. Stairs. She doesnt want to walk up and do...
by scorp_pccorp
Mon Sep 17, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

How many kids? What ages? I've got ~5200 square feet finished (including the basement; about 3800 square feet above grade), but have five kids and two big dogs. It sometimes feel ridiculously oversized (particularly if I happen to be home alone) but when everyone is doing something in different par...
by scorp_pccorp
Mon Sep 17, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

One issue could be that we have this 2000sqft unfinished basement that is simply never used so it feels like we only have 4000sqft in reality. My wife does not want to climb down and up from the basement so finishing it may be throwing money down the drain.
by scorp_pccorp
Mon Sep 17, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

I love the idea of a sunroom, but definitely get more quotes. My friends added one for about $50K and it is beautiful (and we are in a HCOL area). OP here. Thanks everyone for comments and suggestions. Some are funny and taken in stride :) Actually we also got quotes for sunrooms (3-seasons/4-seaso...
by scorp_pccorp
Mon Sep 17, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

Our house is 2800 sqft. It’s a luxury of space for us. We don’t compare ourselves to neighbors for houses, lifestyle, or cars. We learned long ago someone will always have more, newer, better, faster, sexier... we don’t go there. Yes. I agree completely with you. In fact, that is how we have always...
by scorp_pccorp
Mon Sep 17, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

In my neck of the woods (mid-Atlantic) below grade (finished or not), garages, and other normal non-living areas are not included in the house sq ft for tax nor sale purposes. While your local taxing/sales data may be different, what is the actual sq ft of your house if you remove all the non-clima...
by scorp_pccorp
Mon Sep 17, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

I am not sure of the exact terms but due to the down slope incline of the house, the deck is perched on posts from the ground (no foundation there). Essentially there is no built-up area under the deck and it extends past the basement. So for the new room, a new foundation needs to be added in that ...
by scorp_pccorp
Mon Sep 17, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

Forgot to mention, the 2000sqft 1st floor includes a 650sqft 3-car garage also. So that is why the whole floor seems cramped.
by scorp_pccorp
Mon Sep 17, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Re: Dilemma: Add room to current house or buy new house?

OP here. The new room will be a sunroom. Basically we have a massive deck adjoining our kitchen. We will cut it in half and put a room there in parallel to the kitchen (opens up kitchen and dining area). The new room will definitely make her happy because currently the kitchen/dining area is cramped...
by scorp_pccorp
Mon Sep 17, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Dilemma: Add room to current house or buy new house?
Replies: 93
Views: 4882

Dilemma: Add room to current house or buy new house?

Bogleheads, I would appreciate your advice or thoughts on our situation. We have lived in our house for just over 4 years now. Even though the house is pretty large (>6000sqft) including unfinished basement, my spouse always thought or felt it was a bit too small on the 1st floor compared to other h...
by scorp_pccorp
Fri Aug 24, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Costco business credit card
Replies: 13
Views: 985

Re: Costco business credit card

I have been using Chase Ink and Capital One Spark Business cards for my business expenses for the last couple of years. Should I stop using them and put all business purchases on my personal cards from now? My Quickbooks account is linked to these cards for recording of business expenses. If I use p...
by scorp_pccorp
Thu Aug 09, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: 401k for small business owner
Replies: 15
Views: 702

Re: 401k for small business owner

This discussion is very interesting to us because we are also mulling a new 401k for our office. A couple questions from my side: 1. We have only 4 employees including the owner. But we may grow to 8 or more employees in a year or two. In this case, is it preferable to go with 401k or SIMPLE IRA? We...
by scorp_pccorp
Wed Jul 18, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: CP2000: Responded by fax - Should I call and/or mail also to make sure?
Replies: 3
Views: 413

CP2000: Responded by fax - Should I call and/or mail also to make sure?

I just responded to the CP2000 notice by fax to the number they mentioned in the notice. And I have confirmation that the fax was successful. But how do I know for sure that someone there will take the papers and link them to my file? Based on other members' experiences, it takes hours on hold to ge...
by scorp_pccorp
Tue Jul 17, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: Anyone used Costco business phone service?
Replies: 1
Views: 160

Anyone used Costco business phone service?

I received a flyer in the mail today about the Costco business phone service and it piqued my curiosity. I currently have Comcast phone+internet for my office. Has any one used the Costco phone service and can compare to Comcast re. pricing/features/etc..? Thanks.
by scorp_pccorp
Tue Jul 17, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another CP2000 for Roth IRA conversion thread
Replies: 43
Views: 4909

Re: Yet another CP2000 for Roth IRA conversion thread

I am joining the CP2000 for 2016 crowd. I received the form in the mail last night. I will follow this thread for advice and follow-ups.
by scorp_pccorp
Tue Jul 17, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Water leaking from skylight window - Roofer cannot find cause!
Replies: 10
Views: 776

Re: Water leaking from skylight window - Roofer cannot find cause!

Wow! See why I post on Bogleheads :) I had no idea something like this existed.

Now where do I find a roofer that has this equipment? I will call around and ask if they can do this.
by scorp_pccorp
Tue Jul 17, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Water leaking from skylight window - Roofer cannot find cause!
Replies: 10
Views: 776

Water leaking from skylight window - Roofer cannot find cause!

Hello folks, When it rains heavily, I have water leaking from the sides of one of my skylight windows. I had two roofers come in to check and give me quotes. The first simply gave me a quote to replace that whole roof area as well as replace the skylight itself without actually going up there (this ...
by scorp_pccorp
Fri Jul 06, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Costco Travel Packages?
Replies: 31
Views: 3901

Re: Anyone Tried Costco Travel Packages?

Well, we are doing the Costco Disneyworld travel package next week (5-nights/4 parks/flight/resort/car) for our family of 5 for just under 5k. Great deal and looks like it will be a lot of fun!
by scorp_pccorp
Thu Jul 05, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Cannot install hardwood on curved floor?
Replies: 15
Views: 1342

Cannot install hardwood on curved floor?

Hi folks, I had HomeDepot do a measure for hardwood installation on the 2nd floor at my house. I have a foyer which is curved following the contour of the staircase. HomeDepot called back and said they cannot install hardwood there because of the curve and refused to provide me a quote. I was really...
by scorp_pccorp
Fri Jun 22, 2018 1:49 pm
Forum: Personal Consumer Issues
Topic: Home remodeling using design-build companies. Questions!
Replies: 4
Views: 633

Home remodeling using design-build companies. Questions!

We are planning to do some home remodeling and are meeting with a few design-build companies to get quotes and ideas. In this process, we have a few questions that knowledgeable and experienced members here can hopefully provide insights into. 1. All companies have a non-refundable retainer fee to h...
by scorp_pccorp
Thu Jun 21, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 76
Views: 12741

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

Procedure for purchasing Treasury bonds at auction?
by scorp_pccorp
Thu Jun 21, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 76
Views: 12741

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

aj76er wrote:
Wed Jun 20, 2018 9:34 am
I closed my Ally no penalty CDs a few weeks ago and bought 3mo T-bills at auction.

For me, the state tax benefit made it worth it.
Hi, could you please explain what the procedure is for doing this? I am newb to this. Thanks.
by scorp_pccorp
Wed Jun 13, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Install different carpet styles/colors in same floor bedrooms?
Replies: 19
Views: 1180

Re: Install different carpet styles/colors in same floor bedrooms?

I assume there is some sort of common area or hallway between all of these rooms. If there is, this common area needs to have a very neutral-looking hard flooring, preferably hard wood. This will make the bedrooms with their different carpet patterns less unusual looking. Agree that this is a fanta...
by scorp_pccorp
Wed Jun 13, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: Install different carpet styles/colors in same floor bedrooms?
Replies: 19
Views: 1180

Install different carpet styles/colors in same floor bedrooms?

My wife wants to replace the upstairs carpet and install a new one. But she wants to do different patterns and styles in different rooms (eg. colorful patterns in kids rooms, classic color/style in master/guest bedrooms etc..). She also wants high-end plush carpets. I spoke to a carpet installer and...
by scorp_pccorp
Mon Apr 23, 2018 4:25 pm
Forum: Personal Consumer Issues
Topic: Shrub removal - Village/HOA permits needed?
Replies: 11
Views: 1117

Re: Shrub removal - Village/HOA permits needed?

Thanks all for responses. Kind of a funny topic huh (shades of Monty Python shrubbery LOL). Yes, the shrubs are completely on my property right next to the house and brushing up against it. I originally wanted to install a shed (the small one from HD for example) there for my lawn tools after removi...
by scorp_pccorp
Mon Apr 23, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Shrub removal - Village/HOA permits needed?
Replies: 11
Views: 1117

Shrub removal - Village/HOA permits needed?

Friends, My village has ordinances on tree removal. There is also an HOA who also probably has certain requirements though I don't know where to find those. I am trying to get my head around what permits I would need if any and so would appreciate any insight into this. I have some shrubs next to my...
by scorp_pccorp
Sun Apr 01, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Large tax payments by 15th - any way to maximize return on payment?
Replies: 1
Views: 268

Large tax payments by 15th - any way to maximize return on payment?

I have large tax payments due by the 15th - fed (35K) and state (2K). I can pay both by direct debit from my checking but I am thinking of ways to earn rewards or miles using a credit card or cards. I checked with the payment processor that the credit card convenience fee is about $800 (2.16%). I al...
by scorp_pccorp
Thu Mar 22, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Please
Replies: 6
Views: 663

Re: Portfolio Review Please

Duckie, wow! That is awesome advice. Thanks so much for going into such detail and providing those two portfolios. You definitely gave me actionable advice on a few things. - I will go with your 2nd portfolio with the higher bond allocation (safer). - I agree that separating out the funds in the 401...
by scorp_pccorp
Thu Mar 22, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review Please
Replies: 6
Views: 663

Portfolio Review Please

Hello friends, (Edited to calculate investments by % of total) Please review our portfolio and give advice. We have both personal and business accounts with my spouse being owner/100% shareholder of business. So we count the business assets as our combined family assets. - Emergency Funds: $56.3k (A...
by scorp_pccorp
Wed Mar 14, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Balance sheet for S Corp Return
Replies: 6
Views: 811

Re: Balance sheet for S Corp Return

But of course, you still need to figure out the state tax and pay it by tomorrow :) No postponement on the tax due. As for the balance sheet question, Turbo Tax can do the schedules M1/M2/L for you. I always compare my Quickbooks numbers with Turbotax calculations and match them up. Turbotax will te...
by scorp_pccorp
Mon Mar 05, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Curious: Any central database to obtain 1099-MISCs? Missing 1099 issue
Replies: 9
Views: 663

Re: Curious: Any central database to obtain 1099-MISCs? Missing 1099 issue

Spirit Rider, So what do you suggest I do? File the tax return using the lower number from adding up the 1099s? But what if there are some additional 1099s reported to the IRS but not sent to me. In that case, I would be unknowingly under-reporting my revenue. Is there anyway to obtain all 1099s fil...
by scorp_pccorp
Mon Mar 05, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Curious: Any central database to obtain 1099-MISCs? Missing 1099 issue
Replies: 9
Views: 663

Curious: Any central database to obtain 1099-MISCs? Missing 1099 issue

Hello friends, I am trying to do my business tax returns now and having some headaches because the numbers that I add up from the 1099s I received from various payers don't match up to the numbers from my books. My books show higher received revenues (around 3K more) than the combined 1099s. There a...
by scorp_pccorp
Wed Jan 03, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: S-corp with employees+no backdoor ROTH - Any way to reduce 2017 taxes?
Replies: 0
Views: 148

S-corp with employees+no backdoor ROTH - Any way to reduce 2017 taxes?

My wife will have much higher K-1 in 2017 (same W-2 but higher distributions) than in prior years due to higher S-corp revenues. She had 3-4 part-time employees in 2017 who have been with her company less than 1 year. She has an existing SEP-IRA from back in 2010 in which she has a balance of $17K w...
by scorp_pccorp
Fri Sep 29, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Trust just set up: What and How to transfer?
Replies: 8
Views: 805

Trust just set up: What and How to transfer?

Hello, We just had our family trust set up by an attorney. I searched for some relevant topics on this but could not get a comprehensive picture from the various questions. I would like advice on what to transfer into the trust and how and any complications resulting from doing so. 1. House - comple...
by scorp_pccorp
Thu Sep 28, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Toyota rear-differential warranty question
Replies: 10
Views: 1470

Re: Toyota rear-differential warranty question

OP here. Great news. The inspector checked the car today and approved the warranty work. Its a major relief for me. Thanks for all the responses.
by scorp_pccorp
Tue Sep 26, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Toyota rear-differential warranty question
Replies: 10
Views: 1470

Re: Toyota rear-differential warranty question

Nothing specifically about it.
by scorp_pccorp
Tue Sep 26, 2017 6:45 pm
Forum: Personal Consumer Issues
Topic: Toyota rear-differential warranty question
Replies: 10
Views: 1470

Toyota rear-differential warranty question

The rear differential on my Sienna has apparently gone bad at around 98K miles and needs to be replaced. According to a local shop I took it to check it out, this should be covered under the extended warranty I had purchased. So I took it to a Toyota dealership to have them check the warranty and co...
by scorp_pccorp
Mon Sep 25, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: 1120S - New 1099s issued now for 2016 - How to file amendment
Replies: 4
Views: 584

Re: 1120S - New 1099s issued now for 2016 - How to file amendment

I mean, we received 2 brand new 1099-MISC this month for 2016 from two vendors we do business with. These were not known at the time of filing. So I do need to amend my return correct? For Federal, there are no tax implications but for state (IL), there should be an additional tax correct?
by scorp_pccorp
Sun Sep 24, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: 1120S - New 1099s issued now for 2016 - How to file amendment
Replies: 4
Views: 584

1120S - New 1099s issued now for 2016 - How to file amendment

Hello, Recently, our S-corp was sent two new 1099s for 2016 for a total of $2250.. We already filed our 2016 1120S before March 15 using a CPA. What is the best way to file an amendment to our return for 2016? Can we do it ourselves or do we have to go back to the CPA and pay them additional fees? W...