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joec
ParticipantI’ve read the deductibles are incredibly high so many people skip it (like 100k or more). I’ve also read, knock on wood that San Diego isn’t on any of the major fault lines. No comfort during the 2 or 3 recent pretty strong earthquakes here though.
We didn’t buy it.
ParticipantI’ve read the deductibles are incredibly high so many people skip it (like 100k or more). I’ve also read, knock on wood that San Diego isn’t on any of the major fault lines. No comfort during the 2 or 3 recent pretty strong earthquakes here though.
We didn’t buy it.
ParticipantNo idea on how to slow it down, but you may not want to pay points on your loan if you can’t deduct the whole point on your taxes this year (even though I believe you can deduct it over the life of the loan as well).
It’s fun in turbo tax to start adding all these deductions and seeing your tax bill drop like a rock.
This is not tax advice, please consult your own tax adviser for specifics.
ParticipantNo idea on how to slow it down, but you may not want to pay points on your loan if you can’t deduct the whole point on your taxes this year (even though I believe you can deduct it over the life of the loan as well).
It’s fun in turbo tax to start adding all these deductions and seeing your tax bill drop like a rock.
This is not tax advice, please consult your own tax adviser for specifics.
ParticipantNo idea on how to slow it down, but you may not want to pay points on your loan if you can’t deduct the whole point on your taxes this year (even though I believe you can deduct it over the life of the loan as well).
It’s fun in turbo tax to start adding all these deductions and seeing your tax bill drop like a rock.
This is not tax advice, please consult your own tax adviser for specifics.
ParticipantNo idea on how to slow it down, but you may not want to pay points on your loan if you can’t deduct the whole point on your taxes this year (even though I believe you can deduct it over the life of the loan as well).
It’s fun in turbo tax to start adding all these deductions and seeing your tax bill drop like a rock.
This is not tax advice, please consult your own tax adviser for specifics.
ParticipantNo idea on how to slow it down, but you may not want to pay points on your loan if you can’t deduct the whole point on your taxes this year (even though I believe you can deduct it over the life of the loan as well).
It’s fun in turbo tax to start adding all these deductions and seeing your tax bill drop like a rock.
This is not tax advice, please consult your own tax adviser for specifics.
ParticipantIt doesn’t seem like it matters whether they make rates even lower since getting those rates sound real difficult right now.
It’d be nice if there was a way to get direct loans like the banks from the fed at very low rates tied to your IRS tax record or something. That way, folks can tap it if needed (or save it even) and it is not as easy to just run away and dump it (like a home) for responsible folks who want what the banks are getting.
ParticipantIt doesn’t seem like it matters whether they make rates even lower since getting those rates sound real difficult right now.
It’d be nice if there was a way to get direct loans like the banks from the fed at very low rates tied to your IRS tax record or something. That way, folks can tap it if needed (or save it even) and it is not as easy to just run away and dump it (like a home) for responsible folks who want what the banks are getting.
ParticipantIt doesn’t seem like it matters whether they make rates even lower since getting those rates sound real difficult right now.
It’d be nice if there was a way to get direct loans like the banks from the fed at very low rates tied to your IRS tax record or something. That way, folks can tap it if needed (or save it even) and it is not as easy to just run away and dump it (like a home) for responsible folks who want what the banks are getting.
ParticipantIt doesn’t seem like it matters whether they make rates even lower since getting those rates sound real difficult right now.
It’d be nice if there was a way to get direct loans like the banks from the fed at very low rates tied to your IRS tax record or something. That way, folks can tap it if needed (or save it even) and it is not as easy to just run away and dump it (like a home) for responsible folks who want what the banks are getting.
ParticipantIt doesn’t seem like it matters whether they make rates even lower since getting those rates sound real difficult right now.
It’d be nice if there was a way to get direct loans like the banks from the fed at very low rates tied to your IRS tax record or something. That way, folks can tap it if needed (or save it even) and it is not as easy to just run away and dump it (like a home) for responsible folks who want what the banks are getting.
ParticipantThat’s what I was wondering since 350k of high 6 figures is more like a 30% increase…I could understand assessing at what it sold at to keep things simple for everyone, but don’t they use the original 1st purchase price and the new owner has to file for temporary decreases each year it’s under the original (1st) purchase price for resales?
ParticipantThat’s what I was wondering since 350k of high 6 figures is more like a 30% increase…I could understand assessing at what it sold at to keep things simple for everyone, but don’t they use the original 1st purchase price and the new owner has to file for temporary decreases each year it’s under the original (1st) purchase price for resales?
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