foo1bar’s Activity

Fri May 22

NL

Boards Post

foo1bar replied to the Tax Strategies board. 2:56 PM

Re: Lots of ST gains. what to do to avoid taxes?

Is there something I am supposed to be doing to reduce that?
Make a loan to me, I'll default on it, and you can take it as a loss.

:D

If it were long term cap gains (>12months+1day), I'd say donate the appreciated [more]

Thu May 14

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 11:55 AM

Re: Painted popcorn ceiling

I've read somewhere a recommendation to put food coloring into the water that you spray on the ceiling with a pump sprayer.
Makes it a lot easier to see where you've sprayed (and how heavily)

Sun May 10

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 1:06 PM

Re: Toilet shims

The toilet was not leaking when it was rocking. It merely rocked.
IMO you really don't know that.

Wax rings don't have any re-bound. If you squish them too much you wind up with a gap.

So it could be you have a very [more]

Fri May 1

NL

Boards Post

foo1bar replied to the Buying or Selling a Home board. 5:04 PM

Re: Difference between mortgage & home equity lo

I thought technically your home equity loan is a second mortgage. In the event of default, the first mortgage usually gets priority.

Usually people get a home equity loan or HELOC (home equity line of credit) as a 2nd [more]

Thu Apr 30

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 2:41 PM

Re: How do it know?

but how does it know what the battery level is, so it doesn't overcharge it? Where is it being monitored so it knows the battery is low, if it's been sitting all winter?

All the alternator has to do is provide a constant ~14.5V to [more]

Sun Apr 26

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 12:08 PM

Re: Well

You can have valves underground.

Usually in a more suburban area they'd be a "curb stop"

[more]

Sat Apr 25

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 11:48 AM

Re: replacement of landscape light 'poles'

I'm sure they make outdoor metal conduit.
Metal electrical conduit comes in 3 kinds - all are used both indoor and out.
The 3 kinds are:
EMT (Electrical metal Tubing)
IMC (Intermediate Metal Conduit)
RMC (Rigid Metal [more]

Mon Apr 20

NL

Boards Post

foo1bar replied to the Tax Strategies board. 12:57 PM

Re: Questions & Help with Estimated Tax Payments

that's still ok and won't incur any penalties as long as the grand total of the estimated tax payments + my wife's w-2 w/h (and my w-2 w/h...as hopefully I find a job by the end of the year...unless I find a favorable way to stay as a consultant) [more]

Sun Apr 19

NL

Boards Post

foo1bar replied to the Tax Strategies board. 6:56 PM

Re: Which tax software?

can someone tell me if some consensus emerged as to what is the best.

I don't know if there was consensus - but I like Taxact.
I think there were a number of other people who said they liked it as well.

Taxcut I think is [more]

Fri Apr 17

NL

Boards Post

foo1bar replied to the Tax Strategies board. 7:42 PM

Re: Split Residency

Until the house sells DH is still going to be working in PA, with a paycheck. I'll be working in VA, but doing yard work, drywall and floors for sweat equity.

I believe that your DH could easily be a VA or a PA resident for tax [more]

NL

Boards Post

foo1bar replied to the Tax Strategies board. 12:19 PM

Re: Split Residency

I guess in 2015 I'll be a part-year VA resident with DH playing that part in 2016 when I'll be a full time resident.

You could probably easily make him a full time VA resident and part-time PA for 2015. I don't know how that'd affect [more]

Thu Apr 16

NL

Boards Post

foo1bar replied to the Tax Strategies board. 7:57 PM

Re: Clerical expenses

claim his out-of-pocket expenses as charitable contributions.
And also mileage I think (if I'm wrong hopefully an expert will correct me)

Wed Apr 15

NL

Boards Post

foo1bar replied to the Tax Strategies board. 11:20 AM

Re: Disqualifying Disposition of ISO

This difference is usually quite small (maybe zero), but on a volatile stock it usually won't be. There's some delay in the system because the broker has to wait for the issuing company to award the shares before it can sell them.
Even a [more]

Tue Apr 14

NL

Boards Post

foo1bar replied to the Tax Strategies board. 5:48 PM

Re: Same option exercise taxed twice

I have come to the conclusion that there is a very good likelihood that a stock option exercise by my wife was reported both on the W-2 as income and on a 1099-B as short term capital gain. The tax rate is the same, but the whole amount shows up [more]

Mon Apr 13

NL

Boards Post

foo1bar replied to the Owning Rental Property board. 1:08 PM

Re: Crazy Applicants

"This applicant is 40 years old. I would think their age group would get their e-mail on their phone too or at least are going to be checking it several times a day."
I'm in that age group - and for me it depends on which email account [more]

NL

Boards Post

foo1bar replied to the Owning Rental Property board. 1:02 PM

Re: Crazy Applicants

I sent them an email on Saturday afternoon ... It is now almost Monday morning
Not everyone checks their email obsessively.
Many people purposefully don't check their email during the weekend.
If it had been a full business day, I [more]

NL

Boards Post

foo1bar replied to the Tax Strategies board. 11:45 AM

Re: AMT mortgage interest question

Before jumping to this conclusion, I would ask another question. Was the replacement just a replacement (same amperage to the house, replaced wiring, etc.) or was it truly an improvement (increased amperage, new circuitry, etc.)? My guess is the [more]

Mon Apr 6

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 3:45 PM

Re: Why do projects always grow exponentially?

"Q: Do the colors of the paint and flags indicate anything in particular?
A: Yes. Each color indicates a universal color to what is buried below ground.
Red – Electric
Orange – Communications, Telephone/CATV
Blue – Potable [more]

Sat Apr 4

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 3:38 AM

Re: Fixing a Spoon

It seems to me you could try drilling the two holes a little oversize, so the pieces fit together well without adhesive, but the pin has some play in the two holes. Then use enough adhesive to compensate for the loose pin, and devise a way to hold [more]

Fri Apr 3

NL

Boards Post

foo1bar replied to the Building / Maintaining a Home board. 3:34 PM

Re: Wood rack repair

Now I have to figure out where to come up with some sawdust...
http://www.amazon.com/System-Three-3110S16-Brown-Flour/dp/B0...

(Bit pricy for what [more]

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