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CoronitaParticipantcheck if your security system has the ability to add water sensors. mine does, so I include them in the laundry and bsthrooms
CoronitaParticipant[quote=njtosd]You probably already know this, but factor in the Mello Roos taxes (which are significant in 4S and are generally not considered to be tax deductible – I think) and the Poway bond issue, which does not take effect for about 15 years but will probably affect resale starting in about 10.[/quote]
property tax deductiblity is a moot point since you would be limited way before that with the $10k cap on both state income and property tax for primary homes.
May 1, 2018 at 5:17 PM in reply to: Termite Tenting a free standing deck – cheapest options? #810001CoronitaParticipantHave you considered alternatives to tenting?
If the termite damage is confined to particular places you could try using targeted treatment like some of the orange goop that some companies do instead of tenting….There is a company called High Tech Termite Control Inc that I think uses different methods depending on your specific problem….. fumigation or targeted treatment like microwave and/or orange goop…..
I didn’t use them specifically but someone I know did. They aren’t cheap for a whole house but maybe they are willing just to do a section. it’s not a recommendation or endorsement. just giving you ideas.
If it’s on the horizontal deck, it might be worthwhile to replace it with synthetic for the long term.
April 24, 2018 at 9:07 AM in reply to: Why Are States So Strapped for Cash? There Are Two Big Reasons #809970CoronitaParticipant^^^
April 23, 2018 at 1:56 PM in reply to: Why Are States So Strapped for Cash? There Are Two Big Reasons #809960CoronitaParticipantDid someone say anything? Cliff notes version please.
Because my piggington shades were down….
CoronitaParticipant[quote=moneymaker]Yes I can probably make more money from the comfort of my living room by day trading the market on my days off, especially with the VIX where it is.[/quote]
probably not after taxes….
There’s the alternative….I think… Still looking into the details…1031 exchange rental properties into your next “move up” primary home… Rent your move up home for 1-2 years….Sell your primary home take that $250/500k cap gains tax free. move into your “move up” rental that is now primary home… Live there for a long long time wait for one of two things to happen
1. You die, and your kids get a step up on the cost basis, so whatever you’ve accumulated in terms of depreciation recap and appreciation essentially gets wiped clean for your kids
2. If you do sell the place before you die, I believe it gets prorated based on percentage of time used as rental versus percentage of time used as a primary… If the later is large relative to the former, taxes owned on the former is a minor hit…
Scenario #2 is one of many scenarios I am considering….. ditching one or two rentals that seen hopefully 100+% appreciation exchanging it for a would be primary home…eventually…. Maybe I can finally put a lift in my next home’s garage for hopefully a not so distant retirement. heh heh.
April 23, 2018 at 9:43 AM in reply to: Why Are States So Strapped for Cash? There Are Two Big Reasons #809953CoronitaParticipantSeeing Harvey, Brian, Phaster, CAR getting it on…..all we are missing is spdrun and BG.
CoronitaParticipant[quote=carlsbadworker][quote=flu]Buy bitcoin instead.
If you’re trying to get rich quick by timing the market, speculate on bitcoin. It’s so volatile that the price wildly swings by +-1 $1000 almost each day…So it’s perfect for people who try to time the market.
On the other hand, if you plan on doing a long term buy and accumulate and actually invest, drip a few hundred/thousand into an S&P500 index every month for the next 5-10 years and forget about it.[/quote]
It looks like bitcoin is preparing a comeback. Any previous bubble burst pattern would say it should be below $5K by now, but instead it went above $8K again today.[/quote]
until I see more regulation in the cyptocurrency markets ,I ain’t touching it.
I do notice a lot more people buying gold bullion on eBay though….CoronitaParticipant[quote=harvey]Wow, you still can’t answer “yes or no” to whether the law defines a minimum salary. If fact you haven’t even acknowledged the law I cited.
You can skip the next thousand-word rant exposing your career self-esteem issues. Because I genuinely don’t give a fuck about your job.
And lol, I’m not hiring anybody.
Does anybody with a clue want to talk about the legal question?
From the OP links:
… employers must pay their California computer professional employees a salary of at least $90,790.07 annually ($7,565.85 monthly) or an hourly wage of at least $43.58 for every hour worked.More details:
https://www.worklawyers.com/computer-professional-exemption-california/There’s more to these laws than just computer professionals. All exempt employees are required to make double the state minimum wage. With the state’s new $15 minimum wage, that means any salaried employee must be paid a minimum of $62K in 2022. (And per the law there is no such thing as a part-time salaried employee.)
That’s got to be tough for small businesses.[/quote]
uh, welcome to CA…theres a bunch of other ridiculous laws. like employers no longer being able to ask potential hires their salary history in California in determining their compensation. and employers no longer allowed to verify previous compensation at previous company.
and considering I am half drunk with buddies writing this I don’t give a shit what you think lol…
why don’t you review the difference between exempt and non exempt employees I .sure you can figure it out. lol.. I and ur eits buried somewhere there.
your document is about overtime pay btw, and exempt status and someone’s wage. key point is hours above 40 hrs. it’s pretty clear right there in the subject. normally, exempt employees don’t get overtime pay if they work more than. 40 hours, if their pay is above X. this answers a the question if pay isn’t X…
in other words you can’t hire someone with exempt exempt status at $40k and then make him work 80 hours and not pay him for the 40 extra hours in overtime….You can hire someone at $91k and make him work 120hours before he quits and gives you the finger.
seems like my reading comprehension while half Drunk is still better than your reading comprehension fully sober lol.
CoronitaParticipantOh pri-dik, or whateever your orginal handle is…Sorry man, Since BG left, someone has to fill in her show to annoy the fuck out of you with long paragraphs of useless shit with 0.000001% truth buried in it…on a real estate blog… I’ll make it a point to do this every friday, after happy hour 🙂
CoronitaParticipant[quote]
You took a simple yes-no question and failed to answer it because you saw it as another opportunity to whine about … whatever it is you are always whining about.
This law covers all “computer professionals” and not everyone that is a coder is from a top school working in Silicon Valley.
I’m thinking that maybe there are more than a few 3rd-rate Access programmers at a car parts warehouse in Modesto that were making less than $90K before this law came along. Did they all get big raises?
Seems the guy in the basement with the red stapler is doing alright after all.[/quote]
No, I took a question asked by someone that seems clueless in the software space, and answered as accurately as I could based on my hiring record for the past few years and what I am seeing locally and in NorCal.
Seems to be you don’t know the difference between software engineer and programmers, and who knows what your friend needs…If simply want a “programmer” working on some dead end “project” with some dead end tech that a high school student could do these days , I am sure you can find a bargain basement person to slap a bunch a shit together that can get a POC done or at least looks functional, just like if you want a shitty IT guy from DeVry to handle your corp network security, go for that too.
If you can’t tell the difference between software engineering and programmer let alone Access programmer (lol), we don’t need to have this discussion because both you and your friend don’t need software engineer. you need a monkey programmer that doesn’t really have to do that well of a job.
I just hired someone with about 3 years experience. about $13Ok, not including relocation. I am about to offer fresh graduate that did great as an intern starting around $100k. We’re a private company, and it’s tough to compete against the bigger employers that have a matching 401k, ESPP, RSU stock grants…because every informed hire knows those private stock options are pretty much worthless in most cases. And these guys, while they are good, I wouldn’t consider top talent.
San Diego can’t hire top talent unless you are willing to pay an arm and a leg for, because top talent ends up going to Silly Valley. In most cases you don’t need top talent…and in many cases top talent ends up being a pain in the ass arrogrant overpriced pricks not worth hiring.. But, because of how insane it is in Silly Valley, it inflates everything else in metro SoCal, even for not so top talent that is what you really need for most of the work out there. That reduces available supply of qualified workers for even less interesting/challenging/promising work, which is what your friend would find himself in. You aren’t going to find too many decent software professionals starving and willing to work for peanuts in SoCal, unless it’s friends doing you a favor or unless your offering a sizeable stake in equity AND your company idea is believable. ideas are a dime a dozen, finding people to execute is going to be the problem…especislly when you don’t have a good $$$$ story…. And you’ll find it difficult to get people to relocate here, because wages aren’t that much lower elsewhere, but the cost of living is much more, and to get them to move, you’ll need to give them a COL adjustment.Also, it is increasingly difficult to hire H1Bs, so that puts a constraint on the talent pool as well. Simple supply and demand of too few workers chasing too much available work
Me complaining? why would you think so? Tech looks great right now for workers. Employers have to pay an arm and leg for good software talent these days, especially anything AI or Mobile related. Hours way better than when I was younger, and comp is way better too. it’s never been better!
I wish your friend good luck. he’s going to need it.
CoronitaParticipantIf you don’t make $100k as an engineer in CA, either you are working for your own startup, you feel very charitable with your labor, just graduated with maybe 1-2 years or aren’t really good at what you do.
Tesla design engineer that wanted to lease a home in Bay Area reported total comp for the past 2 years was about $600k/year. Kinda said that they still need to rent. lol.
The clampdown on H1-B’s is only going to make employing tech workers even more expensive. lol.
How does the saying goes in the current tech world?
“Gee, I’d like to work for your startup you think is the next big hit, but no offense, you can’t afford me”CoronitaParticipant[quote=The-Shoveler][quote=flu][quote=carlsbadworker]
Chinese’s government’s biggest fear is its own citizens not foreign countries. It spends more money on “social stability” than on military each year.[/quote]Bingo.[/quote]
If you count Welfare, Police etc… we do too I would imagine LOL.
Seriously IMO all this trade talk is just that “talk” just yet. May end up being not such a big deal in the end, we will see I guess.[/quote]
Not even close of you compare the poor here tomthe poor over there.
CoronitaParticipantWell, considering china can change the equivalent of their constitution overnight to give the Premier unlimited term limits….Anything is possible.
And actually, yes this is exactly what China did to a lot of Taiwanese folks that started factories there. Remember the company “Apex” that use to make cheap DVD players? They threw him in jail over a contract squabble with another competitor from the Mainland.
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