Search found 780 matches

by cadreamer2015
Fri May 24, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: Fly cross-country with a cat
Replies: 56
Views: 2038

Re: Fly cross-country with a cat

We travel on cross country flights with our cat twice a year and have been doing so for the past 3 years. We traveled with the cat several times in years past during cross country relocations. 1) Your cat carrier has to fit under the seat in front of you. We prefer the soft flexible carriers. 2) TSA...
by cadreamer2015
Sun May 19, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to help DW to manage the invested money ??
Replies: 36
Views: 2822

Re: How to help DW to manage the invested money ??

I have advised my DW (in my written plan for her if I make a early departure) that she should strongly consider Vanguard PAS.
by cadreamer2015
Thu May 16, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Vanguard Beacon Beta Test
Replies: 4
Views: 571

Re: Vanguard Beacon Beta Test

I have no interest in accessing my Vanguard account from any mobile device.

But perhaps this is a requirement of the younger generation.
by cadreamer2015
Mon May 13, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 35
Views: 2514

Re: Benefits of becoming an independent contractor

If you have a home office that is your principal place of work you probably won’t have any commute expenses, deductible or not. If you travel to various client locations to perform services at various times I wouldn’t call those commuting expenses and they might well be deductible. The 20% QBI deduc...
by cadreamer2015
Mon May 13, 2019 6:54 pm
Forum: Personal Investments
Topic: Johnson Controls Dutch auction
Replies: 1
Views: 572

Johnson Controls Dutch auction

I own some shares in Johnson Controls that have large unrealized capital gains. I’ve gotten the proxy material about an upcoming Dutch auction for (I think) a share repurchase. I don’t want to realize any capital gains in this stock and my first instinct is to not participate. Is anyone here followi...
by cadreamer2015
Fri May 03, 2019 11:32 am
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 10862

Re: Rarely used items that are worth having?

Fire extinguisher
by cadreamer2015
Mon Apr 22, 2019 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Form 709 woes, Assistance Requested
Replies: 16
Views: 659

Re: Form 709 woes, Assistance Requested

It looks blank to me too.
by cadreamer2015
Fri Apr 19, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Itemizarion of Non-Cash, Charitable Contributions
Replies: 11
Views: 630

Re: Itemizarion of Non-Cash, Charitable Contributions

We have donated many things over the years. In some years when we moved across country we donated lots of things (per TurboTax upwards of $3k) worth of items. I've always used their "It's Deductible" values, choosing the lower value for most items. We have never had any purchase receipts requested f...
by cadreamer2015
Sat Apr 13, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Missing Info on Social Security Website?
Replies: 4
Views: 382

Re: Possible Missing Info on Social Security Website?

In my experience the Social Security website does not show your own benefit or potential benefit once you start receiving spousal benefits. You can plug your earnings into an online calculator and get a very good estimate.
by cadreamer2015
Tue Apr 09, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5557

Re: Not much work at new megacorp job

One possible career problem is if you get laid off at 45 after doing nothing for 5 years. Your job skills have probably atrophied. You don't have any accomplishments you can point to for the last 5 years, other than going in to the office, surfing the web and getting paid. Makes it hard to get anoth...
by cadreamer2015
Thu Apr 04, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with the California franchise tax rules for foreign entities?
Replies: 5
Views: 292

Re: Anyone familiar with the California franchise tax rules for foreign entities?

Does your LLC really provide liability protection? In my case my attorney said an LLC would provide no liability protection from any actions I personally take as a consultant. In general my understanding is that a single member LLC with no employees does not provide any significant liability protect...
by cadreamer2015
Thu Apr 04, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with the California franchise tax rules for foreign entities?
Replies: 5
Views: 292

Re: Anyone familiar with the California franchise tax rules for foreign entities?

It doesn’t answer your question, but do you really need the LLC? I did not set up an LLC for my consulting practice in CA, in part to avoid the hassle and $800 fee to the Franchise Tax Board.
by cadreamer2015
Tue Apr 02, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: California income tax filing
Replies: 10
Views: 935

Re: California income tax filing

Professional athletes and musicians who appear in multiple states earning income in those states almost always owe those states nonresident income taxes on the income earned there (for states which have a personal income tax). So while it may be surprising that your employer shows W2 income earned i...
by cadreamer2015
Tue Apr 02, 2019 2:06 pm
Forum: Personal Investments
Topic: BofA / Merrill Edge is [Tempting me to] Switch from Vanguard
Replies: 49
Views: 4486

Re: BofA / Merrill Edge is Making Me Switch from Vanguard

I did something similar to get a 25 bps reduction in our mortgage and $1200 in incentive payment in 2015. I closed the Merrill Edge account after 9 months and moved all the assets back to Vanguard.
by cadreamer2015
Fri Mar 29, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14572

Re: How often do you check your net worth?

Net worth: I hardly ever calculate it. I don't know what I'd do or what decision I'd make based on the answer. I do periodically review our financial assets and make sure we will have enough to fund our retirement, which hasn't completely arrived yet (I'm still working part time). I no longer reconc...
by cadreamer2015
Wed Mar 27, 2019 12:48 pm
Forum: Personal Investments
Topic: Advice needed for offloading some old stocks
Replies: 11
Views: 606

Re: Advice needed for offloading some old stocks

Donating (to a charity) shares of stock with complicated or unknown cost bases can make life and taxes a lot simpler.

I suggest doing it to a Donor Advised Fund (DAF)
+100
by cadreamer2015
Tue Mar 19, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Medicare advice needed for snowbirds / travelers
Replies: 7
Views: 566

Re: Medicare advice needed for snowbirds / travelers

This is why we chose traditional Medicare with Plan G Medigap policies: so that we'd have unconstrained access to covered medical care when we travel/spend months away from home. If it comes a time when we no longer travel or spend significant time away from home I'll consider Medicare Advantage, bu...
by cadreamer2015
Tue Mar 19, 2019 9:44 am
Forum: Personal Consumer Issues
Topic: Musicians... do you play more than one instrument?
Replies: 11
Views: 395

Re: Musicians... do you play more than one instrument?

I've played piano / keyboards for ~55 years. I've played competently in classic rock and blues bands for the past 45 years, though it's not my day job. Took up the viola for two years in middle school, then went back to piano. Took up the guitar in high school and college. I discovered in college th...
by cadreamer2015
Mon Mar 18, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Visiting Tucson, AZ for 3 days - what to see?
Replies: 46
Views: 1707

Re: Visiting Tucson, AZ for 3 days - what to see?

Sedona is a 3 1/2 hour drive one way from Tucson. I wouldn’t spend 7 hours in the car to make a day trip to Sedona from Tucson.
by cadreamer2015
Mon Mar 18, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Visiting Tucson, AZ for 3 days - what to see?
Replies: 46
Views: 1707

Re: Visiting Tucson, AZ for 3 days - what to see?

I second the recommendation for the Arizona-Sonora Desert Museum. You might take a drive up Mount Lemmon. I'd recommend Seis Kitchen in the Mercado San Augustin for some great Mexican food (your choice of six different Mexican types of cuisine) - great tacos. And the day trip to Tombstone is a lot o...
by cadreamer2015
Sat Mar 09, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: Yet another solar panel bid
Replies: 10
Views: 1483

Re: Yet another solar panel bid

I wrote a guide to financial analysis of home solar, and a worksheet to compare bids.
That's a fantastic guide! Thanks for putting that together and sending the link. Looks very thorough and unbiased.
by cadreamer2015
Fri Mar 01, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: House Cost Basis Questions
Replies: 30
Views: 1468

Re: House Cost Basis Questions

All the discussion of whether or not Electrical heavy-up adds to cost basis may be moot for the OP. Nearly A Moose wrote: ↑ Thu Feb 28, 2019 9:22 pm I live in a HCOL area and expect to eventually consume the exclusion limit ( although not on this transaction ), so I'm trying to catch what I can. I ...
by cadreamer2015
Thu Feb 28, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Interior Paint that is easy to clean
Replies: 15
Views: 920

Re: Interior Paint that is easy to clean

Easiest to clean is usually gloss paint. Not sure that brand of paint matters as much as finish (you don't want flat or eggshell in the bathroom).
by cadreamer2015
Wed Feb 27, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: turbotax & 199A deduction
Replies: 2
Views: 245

Re: turbotax & 199A deduction

I don’t know about K-1 income but TurboTax handled the QBI from my self employment Schedule C just fine. After you finish entering revenues and expenses the program asks if it is Qualified Business Income. If you answer yes it takes the 199a deduction for you.
by cadreamer2015
Wed Feb 27, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Lease renewal: Complex raised rent by 6.5%
Replies: 62
Views: 3092

Re: Lease renewal: Complex raised rent by 6.5%

My son was recently able to negotiate a zero rent increase after being sent notice that their rent was going up with the renewal of the lease. But they were able to do that by shopping around and finding competitive apartments that were renting for a little less than they were currently paying. They...
by cadreamer2015
Wed Feb 27, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Turbo tax fixed Form 2210, no more IRS rejection
Replies: 2
Views: 447

Re: Turbo tax fixed Form 2210, no more IRS rejection

Thanks for the update. I ended up mailing my return in and just saw the check to the United States Treasury clear our checking account yesterday.
by cadreamer2015
Mon Feb 25, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Underpayment penalty or not? please help me figure
Replies: 40
Views: 1532

Re: Underpayment penalty or not? please help me figure

As reported above, this is a fairly well known TurboTax problem. TurboTax also filled in a form 2210 for our return, even though we only owe $460 and made timely estimated and withholding payments. TurboTax correctly calculated that I didn't owe a penalty, but checked the box for the 85% safe harbor...
by cadreamer2015
Mon Feb 25, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Best Side Businesses for Investor with Large Portfolio
Replies: 8
Views: 1250

Re: Best Side Businesses for Investor with Large Portfolio

I don't think we have enough information to give you useful advice, but for an investor with a very large portfolio I'd recommend a side business with limited potential liability - the size of your portfolio could make you an attractive target.
by cadreamer2015
Sun Feb 24, 2019 5:54 pm
Forum: Personal Consumer Issues
Topic: Death Records in Europe
Replies: 2
Views: 355

Re: Death Records in Europe

Get a subscription to Ancestry.com. They have data on many if not most European countries. It is not free, but you might be able to get an introductory price (there’s a deal for AARP members I think) that would give you enough time to do the research you want.
by cadreamer2015
Fri Feb 22, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax 1065 K-1 flop
Replies: 5
Views: 416

Re: Turbo Tax 1065 K-1 flop

If you need to issue a K-1 I believe you need TurboTax Business, which is a completely different product than TurboTax Home & Business.
by cadreamer2015
Fri Feb 22, 2019 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Annual Social Security Statement: Earnings Rounded DOWN?
Replies: 11
Views: 855

Re: Annual Social Security Statement: Earnings Rounded DOWN?

Perhaps your earnings were $0.80 over the Social Security maximum for that year?
by cadreamer2015
Fri Feb 22, 2019 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Can we appeal IRMAA?
Replies: 4
Views: 579

Re: Can we appeal IRMAA?

Form SSA-44. You must have a qualifying Life Changing Event.
by cadreamer2015
Thu Feb 21, 2019 11:30 pm
Forum: Personal Consumer Issues
Topic: Costco Concierge Services.....
Replies: 12
Views: 6835

Re: Costco Concierge Services.....

Have you tried returning the TV to Costco?
by cadreamer2015
Wed Feb 20, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct state of CT K-1
Replies: 4
Views: 216

Re: TaxAct state of CT K-1

You may need to purchase the TaxAct program for estates and trusts, both for Federal and CT, to produce K-1s. I know in the TurboTax world that is TurboTax Business and I needed to purchase the state version also.
by cadreamer2015
Wed Feb 20, 2019 1:53 pm
Forum: Personal Consumer Issues
Topic: purchasing new furnace tips
Replies: 35
Views: 1742

Re: purchasing new furnace tips

Removal of Asbestos would cost $850.
At that price I would do it in a flash, after making sure the folks doing the removal were appropriately qualified (not just folks picked up outside Home Depot with no protective gear).
by cadreamer2015
Wed Feb 20, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: 4% SWR - how confident are you?
Replies: 117
Views: 8153

Re: 4% SWR - how confident are you?

I'm very confident that the 4% SWR for a 30 year retirement is a good starting place for determining if you are financially ready for retirement. I don't think anyone slavishly uses the 4% + inflation strategy over an entire retirement. If you are able/willing to adjust spending down or not take inf...
by cadreamer2015
Wed Feb 20, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: purchasing new furnace tips
Replies: 35
Views: 1742

Re: purchasing new furnace tips

I don't have any specific advice on the furnace. If it were me I would deal with the asbestos sooner rather than later. If/when you sell you will certainly have to disclose that there is asbestos and the buyer might very well require it to be removed and remediated. Much better to get it taken care ...
by cadreamer2015
Wed Feb 20, 2019 10:42 am
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 151
Views: 10997

Re: Do others dislike Vanguard's new website as much as me?

I haven't noticed any changes. I have no problems doing the things I need/want to do. So if there was a change to Vanguard's website it is neither better nor worse from my point of view.
by cadreamer2015
Mon Feb 18, 2019 4:39 pm
Forum: Personal Investments
Topic: Trusts, what counts towards income
Replies: 2
Views: 268

Re: Trusts, what counts towards income

It all depends on the terms of the trust. The trust will typically report a K-1 to each beneficiary, reporting the income that has been distributed to that beneficiary. Note that income that is not distributed will almost always be taxed at the trust level. That is if the trust earns income of $10,0...
by cadreamer2015
Mon Feb 18, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Guardian of Minor Children in a Living Trust
Replies: 14
Views: 836

Re: Changing Guardian of Minor Children in a Living Trust

Make sure you retitle the children into the trust or it will have no effect. Many people neglect to do this.
I think you might mean retitling assets (real estate, financial assets, etc.) into the trust. Children are not property, and so can't be titled into the trust.
by cadreamer2015
Mon Feb 18, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: Why is higher deficit not leading to higher interest rates?
Replies: 70
Views: 3502

Re: Why is higher deficit not leading to higher interest rates?

Like much in economic theory, this might be true if all else were equal. But all else is almost never equal (unchanging).

Remind me how this is actionable? Or is it an attempt at market timing of the bond market?
by cadreamer2015
Mon Feb 18, 2019 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Trouble stomaching car
Replies: 52
Views: 4893

Re: Trouble stomaching car

At least a car is not a hole in the water into which you pour money. (AKA a boat)
by cadreamer2015
Sat Feb 16, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: CCRCs and LTCi
Replies: 9
Views: 556

Re: CCRCs and LTCi

I think it all depends on the CCRC. The CCRC that I'm most familiar with bills for every assisted living expense in 1/4 hour increments for those still living in their individual apartments. So if you have someone come into your apartment to help you get up in the morning, shower, get dressed, etc. ...
by cadreamer2015
Sat Feb 16, 2019 11:00 am
Forum: Personal Finance (Not Investing)
Topic: turbo tax online deleting form 2210 help
Replies: 17
Views: 921

Re: turbo tax online deleting form 2210 help

This problem seems to be fixed with a program update this morning.
by cadreamer2015
Sat Feb 16, 2019 10:46 am
Forum: Investing - Theory, News & General
Topic: Estate Trustee Fees
Replies: 4
Views: 401

Re: Estate Trustee Fees

Vanguard Trust services charges 0.55% for assets up to $5 million. The % drops for assets over that amount.
by cadreamer2015
Fri Feb 15, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for First Time Solo Small Business Owner
Replies: 32
Views: 1618

Re: Taxes for First Time Solo Small Business Owner

If you are a single member LLC you are a disregarded entity for taxation, so there is no distinction between compensation and net profit. In your example $70,000 would be self employment income, which would flow through Schedule C to your income taxes as self employment income. You would pay self em...
by cadreamer2015
Fri Feb 15, 2019 7:03 pm
Forum: Investing - Theory, News & General
Topic: Did you get spooked by the December 2018 fall and gave up on passive?
Replies: 133
Views: 7704

Re: Did you get spooked by the December 2018 fall and gave up on passive?

Huh? The December dip was brutal? Not particularly. I did some rebalancing into equities. What does the December dip have to do with whether or not passive index funds are a good way to participate in the equity market? As far as I can tell, the index funds did exactly what one should expect. Cash i...
by cadreamer2015
Fri Feb 15, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Requested: Solar Panels, Home Improvement, and Financing
Replies: 4
Views: 280

Re: Advice Requested: Solar Panels, Home Improvement, and Financing

I've recently decided to go solar on our home. As you may have learned already, it makes sense to first try to reduce electricity use (LED lights, upgrade refrigerator if it is old) and then size the system to cover about 100% of your annual electricity use. I did not like the look of leased systems...
by cadreamer2015
Fri Feb 15, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: turbo tax online deleting form 2210 help
Replies: 17
Views: 921

Re: turbo tax online deleting form 2210 help

I too have the same or similar error in TurboTax download version. I'm not in a hurry. We owe $460, which in my book is essentially perfect planning.