[SK in CV]

[quote=wanttobuy]Anyone knows anything about these communities? Someone familiar with Poway?[/quote]

Green Valley is partly tract, partly custom homes. all will have mature landscape. Most were built in the late ’60’s to late ’70’s but some earlier. But don’t let that scare you away, many have been remodeled. Mostly 1/4 to 1 acre lots. Wide variety, but not many very large homes. Most are from about 2,400 to 3,500 sq ft. A few with granny flats. Very nice area, I lived there for almost 10 years.

Bridelwood Estates (where the home you linked to is located) was built in the early to mid ’90’s. I’m guessing most of the lots are 1/2 to 1 acre. Mostly pretty nice homes. (There are 3 Bridlewood developments. This is the only one with custom homes. The other 2 were larger tract homes. It also has a private entrance, which at one time was gated, not sure if it still is.)

Lake Poway Estates is newer. All custom homes. It’s west of the Bridlewood Estates home you linked to. (West of Espola Road.) Mostly built in the ’90’s. Pretty wide choice, some larger lots, some homes well over 5,000 sq ft. (may even be up to 10,000 sq ft, not sure.)

Lomas Verdes Estates – North of Espola Road, started getting built out in late ’90’s. Pretty big lots (1 acre +). Wider upper end selection. Some wild architecture.

If you’re interested in going into Ranch Bernardo, there are some beautiful older homes in the Trails that would probably meet your needs.

[SK in CV]

[quote=wanttobuy]Anyone knows anything about these communities? Someone familiar with Poway?[/quote]

Green Valley is partly tract, partly custom homes. all will have mature landscape. Most were built in the late ’60’s to late ’70’s but some earlier. But don’t let that scare you away, many have been remodeled. Mostly 1/4 to 1 acre lots. Wide variety, but not many very large homes. Most are from about 2,400 to 3,500 sq ft. A few with granny flats. Very nice area, I lived there for almost 10 years.

Bridelwood Estates (where the home you linked to is located) was built in the early to mid ’90’s. I’m guessing most of the lots are 1/2 to 1 acre. Mostly pretty nice homes. (There are 3 Bridlewood developments. This is the only one with custom homes. The other 2 were larger tract homes. It also has a private entrance, which at one time was gated, not sure if it still is.)

Lake Poway Estates is newer. All custom homes. It’s west of the Bridlewood Estates home you linked to. (West of Espola Road.) Mostly built in the ’90’s. Pretty wide choice, some larger lots, some homes well over 5,000 sq ft. (may even be up to 10,000 sq ft, not sure.)

Lomas Verdes Estates – North of Espola Road, started getting built out in late ’90’s. Pretty big lots (1 acre +). Wider upper end selection. Some wild architecture.

If you’re interested in going into Ranch Bernardo, there are some beautiful older homes in the Trails that would probably meet your needs.

[SK in CV]

[quote=wanttobuy]Anyone knows anything about these communities? Someone familiar with Poway?[/quote]

Green Valley is partly tract, partly custom homes. all will have mature landscape. Most were built in the late ’60’s to late ’70’s but some earlier. But don’t let that scare you away, many have been remodeled. Mostly 1/4 to 1 acre lots. Wide variety, but not many very large homes. Most are from about 2,400 to 3,500 sq ft. A few with granny flats. Very nice area, I lived there for almost 10 years.

Bridelwood Estates (where the home you linked to is located) was built in the early to mid ’90’s. I’m guessing most of the lots are 1/2 to 1 acre. Mostly pretty nice homes. (There are 3 Bridlewood developments. This is the only one with custom homes. The other 2 were larger tract homes. It also has a private entrance, which at one time was gated, not sure if it still is.)

Lake Poway Estates is newer. All custom homes. It’s west of the Bridlewood Estates home you linked to. (West of Espola Road.) Mostly built in the ’90’s. Pretty wide choice, some larger lots, some homes well over 5,000 sq ft. (may even be up to 10,000 sq ft, not sure.)

Lomas Verdes Estates – North of Espola Road, started getting built out in late ’90’s. Pretty big lots (1 acre +). Wider upper end selection. Some wild architecture.

If you’re interested in going into Ranch Bernardo, there are some beautiful older homes in the Trails that would probably meet your needs.

[SK in CV]

[quote=wanttobuy]Anyone knows anything about these communities? Someone familiar with Poway?[/quote]

Green Valley is partly tract, partly custom homes. all will have mature landscape. Most were built in the late ’60’s to late ’70’s but some earlier. But don’t let that scare you away, many have been remodeled. Mostly 1/4 to 1 acre lots. Wide variety, but not many very large homes. Most are from about 2,400 to 3,500 sq ft. A few with granny flats. Very nice area, I lived there for almost 10 years.

Bridelwood Estates (where the home you linked to is located) was built in the early to mid ’90’s. I’m guessing most of the lots are 1/2 to 1 acre. Mostly pretty nice homes. (There are 3 Bridlewood developments. This is the only one with custom homes. The other 2 were larger tract homes. It also has a private entrance, which at one time was gated, not sure if it still is.)

Lake Poway Estates is newer. All custom homes. It’s west of the Bridlewood Estates home you linked to. (West of Espola Road.) Mostly built in the ’90’s. Pretty wide choice, some larger lots, some homes well over 5,000 sq ft. (may even be up to 10,000 sq ft, not sure.)

Lomas Verdes Estates – North of Espola Road, started getting built out in late ’90’s. Pretty big lots (1 acre +). Wider upper end selection. Some wild architecture.

If you’re interested in going into Ranch Bernardo, there are some beautiful older homes in the Trails that would probably meet your needs.

[SK in CV]

[quote=carlsbadworker] In fact, as Larry Summers observe, everything that the government touches, from healthcare to post office, is bound to have lower productivity growth and as a result its share of household expanses is going to increase. [/quote]

Pretty typical of Summers to ignore facts and just spout idealogy. The USPS works. Very well, actually. Cheapest postage in the world. Increased efficiency every year for the last 10 on significantly lower volume. Retirement plan 99% fully funded. Without a single penny of government money. Summers proves his foolishness again.

(And Medicare works too. Very well.)

[SK in CV]

[quote=carlsbadworker] In fact, as Larry Summers observe, everything that the government touches, from healthcare to post office, is bound to have lower productivity growth and as a result its share of household expanses is going to increase. [/quote]

Pretty typical of Summers to ignore facts and just spout idealogy. The USPS works. Very well, actually. Cheapest postage in the world. Increased efficiency every year for the last 10 on significantly lower volume. Retirement plan 99% fully funded. Without a single penny of government money. Summers proves his foolishness again.

(And Medicare works too. Very well.)

[SK in CV]

[quote=carlsbadworker] In fact, as Larry Summers observe, everything that the government touches, from healthcare to post office, is bound to have lower productivity growth and as a result its share of household expanses is going to increase. [/quote]

Pretty typical of Summers to ignore facts and just spout idealogy. The USPS works. Very well, actually. Cheapest postage in the world. Increased efficiency every year for the last 10 on significantly lower volume. Retirement plan 99% fully funded. Without a single penny of government money. Summers proves his foolishness again.

(And Medicare works too. Very well.)

[SK in CV]

[quote=carlsbadworker] In fact, as Larry Summers observe, everything that the government touches, from healthcare to post office, is bound to have lower productivity growth and as a result its share of household expanses is going to increase. [/quote]

Pretty typical of Summers to ignore facts and just spout idealogy. The USPS works. Very well, actually. Cheapest postage in the world. Increased efficiency every year for the last 10 on significantly lower volume. Retirement plan 99% fully funded. Without a single penny of government money. Summers proves his foolishness again.

(And Medicare works too. Very well.)

[SK in CV]

[quote=carlsbadworker] In fact, as Larry Summers observe, everything that the government touches, from healthcare to post office, is bound to have lower productivity growth and as a result its share of household expanses is going to increase. [/quote]

Pretty typical of Summers to ignore facts and just spout idealogy. The USPS works. Very well, actually. Cheapest postage in the world. Increased efficiency every year for the last 10 on significantly lower volume. Retirement plan 99% fully funded. Without a single penny of government money. Summers proves his foolishness again.

(And Medicare works too. Very well.)

[SK in CV]

It could be worth it to consult a tax professional. Or not, because the advice might only save you a few hundred bucks at the most. Or you could take the advice of some unknown blogger.

My first recommendation would be to roll it over into an IRA if you can. Saving PMI is a good thing, but if you’re like most people, you’re NOT going to actually set that money aside, so your retirement savings just went up in smoke. Also, depending on your tax bracket, taxes could easily eat up 45% of it. (28% fed, 10% penalty plus state taxes.) And it depends on what state you moved to. California has a high top rate, but pretty low rates for lower income. Some states don’t tax pensions. Some states have no income tax. California also has a 2 1/2% penalty like the fed 10% penalty. Someone is probably gonna pipe in here that since you don’t live in California anymore, then California taxes aren’t an issue. But they are. You saved taxes when you lived in California, so California wants their share when you take the money out of the qualified plan. As a practical matter, they might not track you down (though I have seen it happen). If you roll it over, and stay out of state, it’s highly unlikely they’ll ever get their share. But if you take the distribution (specially if it’s directly from CalPERS) in a year you file a part-year resident resident return (assuming you moved this calendar year), they’re gonna know it’s subject to CA tax. So if you decide to take the money out, it probably would be a good idea to first roll it over into an IRA this calendar year, and then take the distribution in a future year when you no longer have to file a CA return.

[SK in CV]

It could be worth it to consult a tax professional. Or not, because the advice might only save you a few hundred bucks at the most. Or you could take the advice of some unknown blogger.

My first recommendation would be to roll it over into an IRA if you can. Saving PMI is a good thing, but if you’re like most people, you’re NOT going to actually set that money aside, so your retirement savings just went up in smoke. Also, depending on your tax bracket, taxes could easily eat up 45% of it. (28% fed, 10% penalty plus state taxes.) And it depends on what state you moved to. California has a high top rate, but pretty low rates for lower income. Some states don’t tax pensions. Some states have no income tax. California also has a 2 1/2% penalty like the fed 10% penalty. Someone is probably gonna pipe in here that since you don’t live in California anymore, then California taxes aren’t an issue. But they are. You saved taxes when you lived in California, so California wants their share when you take the money out of the qualified plan. As a practical matter, they might not track you down (though I have seen it happen). If you roll it over, and stay out of state, it’s highly unlikely they’ll ever get their share. But if you take the distribution (specially if it’s directly from CalPERS) in a year you file a part-year resident resident return (assuming you moved this calendar year), they’re gonna know it’s subject to CA tax. So if you decide to take the money out, it probably would be a good idea to first roll it over into an IRA this calendar year, and then take the distribution in a future year when you no longer have to file a CA return.

[SK in CV]

It could be worth it to consult a tax professional. Or not, because the advice might only save you a few hundred bucks at the most. Or you could take the advice of some unknown blogger.

My first recommendation would be to roll it over into an IRA if you can. Saving PMI is a good thing, but if you’re like most people, you’re NOT going to actually set that money aside, so your retirement savings just went up in smoke. Also, depending on your tax bracket, taxes could easily eat up 45% of it. (28% fed, 10% penalty plus state taxes.) And it depends on what state you moved to. California has a high top rate, but pretty low rates for lower income. Some states don’t tax pensions. Some states have no income tax. California also has a 2 1/2% penalty like the fed 10% penalty. Someone is probably gonna pipe in here that since you don’t live in California anymore, then California taxes aren’t an issue. But they are. You saved taxes when you lived in California, so California wants their share when you take the money out of the qualified plan. As a practical matter, they might not track you down (though I have seen it happen). If you roll it over, and stay out of state, it’s highly unlikely they’ll ever get their share. But if you take the distribution (specially if it’s directly from CalPERS) in a year you file a part-year resident resident return (assuming you moved this calendar year), they’re gonna know it’s subject to CA tax. So if you decide to take the money out, it probably would be a good idea to first roll it over into an IRA this calendar year, and then take the distribution in a future year when you no longer have to file a CA return.

[SK in CV]

It could be worth it to consult a tax professional. Or not, because the advice might only save you a few hundred bucks at the most. Or you could take the advice of some unknown blogger.

My first recommendation would be to roll it over into an IRA if you can. Saving PMI is a good thing, but if you’re like most people, you’re NOT going to actually set that money aside, so your retirement savings just went up in smoke. Also, depending on your tax bracket, taxes could easily eat up 45% of it. (28% fed, 10% penalty plus state taxes.) And it depends on what state you moved to. California has a high top rate, but pretty low rates for lower income. Some states don’t tax pensions. Some states have no income tax. California also has a 2 1/2% penalty like the fed 10% penalty. Someone is probably gonna pipe in here that since you don’t live in California anymore, then California taxes aren’t an issue. But they are. You saved taxes when you lived in California, so California wants their share when you take the money out of the qualified plan. As a practical matter, they might not track you down (though I have seen it happen). If you roll it over, and stay out of state, it’s highly unlikely they’ll ever get their share. But if you take the distribution (specially if it’s directly from CalPERS) in a year you file a part-year resident resident return (assuming you moved this calendar year), they’re gonna know it’s subject to CA tax. So if you decide to take the money out, it probably would be a good idea to first roll it over into an IRA this calendar year, and then take the distribution in a future year when you no longer have to file a CA return.

[SK in CV]

It could be worth it to consult a tax professional. Or not, because the advice might only save you a few hundred bucks at the most. Or you could take the advice of some unknown blogger.

My first recommendation would be to roll it over into an IRA if you can. Saving PMI is a good thing, but if you’re like most people, you’re NOT going to actually set that money aside, so your retirement savings just went up in smoke. Also, depending on your tax bracket, taxes could easily eat up 45% of it. (28% fed, 10% penalty plus state taxes.) And it depends on what state you moved to. California has a high top rate, but pretty low rates for lower income. Some states don’t tax pensions. Some states have no income tax. California also has a 2 1/2% penalty like the fed 10% penalty. Someone is probably gonna pipe in here that since you don’t live in California anymore, then California taxes aren’t an issue. But they are. You saved taxes when you lived in California, so California wants their share when you take the money out of the qualified plan. As a practical matter, they might not track you down (though I have seen it happen). If you roll it over, and stay out of state, it’s highly unlikely they’ll ever get their share. But if you take the distribution (specially if it’s directly from CalPERS) in a year you file a part-year resident resident return (assuming you moved this calendar year), they’re gonna know it’s subject to CA tax. So if you decide to take the money out, it probably would be a good idea to first roll it over into an IRA this calendar year, and then take the distribution in a future year when you no longer have to file a CA return.

[SK in CV]

[quote=walterwhite]People tend to blame each other for their problems.

Do the wealthy whine about similar things as the middle class?

I saw eat pray love recently. Man I hated that woman. Hated her.[/quote]

Worst. Movie. Ever.

[Author]

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