Forum Replies Created
-
AuthorPosts
-
(former)FormerSanDiegan
Participant[quote=briansd1]
That’s very rational to vote for people who will give you stuff that you want.
Give me a RATIONAL reason why red-state working-class voters, who live in poverty, support the politicians who will withhold things that they need.[/quote]
Maybe they don’t want the government to give them what they need.
ParticipantBefore you do anything, figure out how much you are talking about here.
If you close in November, you will lose out on deducting whatever interest you paid at closing for the month of November, but December’s interest is not due until January 2011.
Most closing costs are not deductible, only points and pro-rata property tax (the property tax you pay at closing is on the portion that the seller already paid, not your rate).
Once you figure out the amount of deductions your benefit from deducting them is maybe 35% of that figure.
My guess is that you are considering jumping through a bunch of hoops to save less than $3000.
Sure, you can save a few grand by postponing until January, but your wife will have to spend another Christmas in the rental.
On the other hand if you put off closing forever, you will save a lot more 🙂
ParticipantBefore you do anything, figure out how much you are talking about here.
If you close in November, you will lose out on deducting whatever interest you paid at closing for the month of November, but December’s interest is not due until January 2011.
Most closing costs are not deductible, only points and pro-rata property tax (the property tax you pay at closing is on the portion that the seller already paid, not your rate).
Once you figure out the amount of deductions your benefit from deducting them is maybe 35% of that figure.
My guess is that you are considering jumping through a bunch of hoops to save less than $3000.
Sure, you can save a few grand by postponing until January, but your wife will have to spend another Christmas in the rental.
On the other hand if you put off closing forever, you will save a lot more 🙂
ParticipantBefore you do anything, figure out how much you are talking about here.
If you close in November, you will lose out on deducting whatever interest you paid at closing for the month of November, but December’s interest is not due until January 2011.
Most closing costs are not deductible, only points and pro-rata property tax (the property tax you pay at closing is on the portion that the seller already paid, not your rate).
Once you figure out the amount of deductions your benefit from deducting them is maybe 35% of that figure.
My guess is that you are considering jumping through a bunch of hoops to save less than $3000.
Sure, you can save a few grand by postponing until January, but your wife will have to spend another Christmas in the rental.
On the other hand if you put off closing forever, you will save a lot more 🙂
ParticipantBefore you do anything, figure out how much you are talking about here.
If you close in November, you will lose out on deducting whatever interest you paid at closing for the month of November, but December’s interest is not due until January 2011.
Most closing costs are not deductible, only points and pro-rata property tax (the property tax you pay at closing is on the portion that the seller already paid, not your rate).
Once you figure out the amount of deductions your benefit from deducting them is maybe 35% of that figure.
My guess is that you are considering jumping through a bunch of hoops to save less than $3000.
Sure, you can save a few grand by postponing until January, but your wife will have to spend another Christmas in the rental.
On the other hand if you put off closing forever, you will save a lot more 🙂
ParticipantBefore you do anything, figure out how much you are talking about here.
If you close in November, you will lose out on deducting whatever interest you paid at closing for the month of November, but December’s interest is not due until January 2011.
Most closing costs are not deductible, only points and pro-rata property tax (the property tax you pay at closing is on the portion that the seller already paid, not your rate).
Once you figure out the amount of deductions your benefit from deducting them is maybe 35% of that figure.
My guess is that you are considering jumping through a bunch of hoops to save less than $3000.
Sure, you can save a few grand by postponing until January, but your wife will have to spend another Christmas in the rental.
On the other hand if you put off closing forever, you will save a lot more 🙂
October 14, 2010 at 7:05 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618318ParticipantI concur with sdr on not letting them move in.
My inclination is to give them time to perform in 2 week increments and advertise for back-up offers. BUT, that depends on how quickly you think you could sell it in today’s market. We are in a slow period. How likely are you to get a similar or better offer between now and mid-January ?
October 14, 2010 at 7:05 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618404ParticipantI concur with sdr on not letting them move in.
My inclination is to give them time to perform in 2 week increments and advertise for back-up offers. BUT, that depends on how quickly you think you could sell it in today’s market. We are in a slow period. How likely are you to get a similar or better offer between now and mid-January ?
October 14, 2010 at 7:05 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #618954ParticipantI concur with sdr on not letting them move in.
My inclination is to give them time to perform in 2 week increments and advertise for back-up offers. BUT, that depends on how quickly you think you could sell it in today’s market. We are in a slow period. How likely are you to get a similar or better offer between now and mid-January ?
October 14, 2010 at 7:05 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #619073ParticipantI concur with sdr on not letting them move in.
My inclination is to give them time to perform in 2 week increments and advertise for back-up offers. BUT, that depends on how quickly you think you could sell it in today’s market. We are in a slow period. How likely are you to get a similar or better offer between now and mid-January ?
October 14, 2010 at 7:05 PM in reply to: My sale is getting sketchy – BofA shenanigans – advice needed! #619388ParticipantI concur with sdr on not letting them move in.
My inclination is to give them time to perform in 2 week increments and advertise for back-up offers. BUT, that depends on how quickly you think you could sell it in today’s market. We are in a slow period. How likely are you to get a similar or better offer between now and mid-January ?
Participant[quote=CONCHO]As with the present, I don’t see conspiracy, I just see idiocy and greed.
If more than one person is involved, if the parties plan and agree to a course of action, it is a conspiracy. Look up the word. con for together/with, spire, from respire, “to breathe.” It basically means, “to breath the same air.”
The US media has very effectively conditioned the public to laugh at or dismiss anything that the word “conspiracy” is attached to. If conspiracies don’t exist, then neither does the mafia, the drug cartels, etc…[/quote]
So, let me get this straight… The media are conspiring to make us dismiss conspiracies.
That’s so laughable, Ha Ha Ha…
d’oh !Participant[quote=CONCHO]As with the present, I don’t see conspiracy, I just see idiocy and greed.
If more than one person is involved, if the parties plan and agree to a course of action, it is a conspiracy. Look up the word. con for together/with, spire, from respire, “to breathe.” It basically means, “to breath the same air.”
The US media has very effectively conditioned the public to laugh at or dismiss anything that the word “conspiracy” is attached to. If conspiracies don’t exist, then neither does the mafia, the drug cartels, etc…[/quote]
So, let me get this straight… The media are conspiring to make us dismiss conspiracies.
That’s so laughable, Ha Ha Ha…
d’oh !Participant[quote=CONCHO]As with the present, I don’t see conspiracy, I just see idiocy and greed.
If more than one person is involved, if the parties plan and agree to a course of action, it is a conspiracy. Look up the word. con for together/with, spire, from respire, “to breathe.” It basically means, “to breath the same air.”
The US media has very effectively conditioned the public to laugh at or dismiss anything that the word “conspiracy” is attached to. If conspiracies don’t exist, then neither does the mafia, the drug cartels, etc…[/quote]
So, let me get this straight… The media are conspiring to make us dismiss conspiracies.
That’s so laughable, Ha Ha Ha…
d’oh ! -
AuthorPosts
