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July 25, 2008 at 9:09 AM in reply to: Bailout bill tax credit provision has some fine print. #246967July 25, 2008 at 9:09 AM in reply to: Bailout bill tax credit provision has some fine print. #246973
temeculaguy
Participantferaina- in 2003 they gave out the checks but only for people with kids, then the following year when you did your taxes, the child tax credit (not to be confused with the deduction per dependent) was not available that year as it had been in prior years. When this stimulus was anounced it was written that it would follow the same format. However, numerous media outlets reported that this stimulus will not reduce your refund next year so it may amount to free money. I read a few pages of the bill and it still uses the phrase “Advance refund or advanced credit” leading other analysts to determine the IRS will not give you the normal credit come tax time if you got the advanced credit. I didn’t look much further because it doesn’t pertain to me, I didn’t get one and my income precludes me from getting the credit or the advance credit. If I keep reading I’ll just get more pissed off because the whole concept of an income limit that is not regionally adjusted irritates me.
July 25, 2008 at 9:09 AM in reply to: Bailout bill tax credit provision has some fine print. #247031temeculaguy
Participantferaina- in 2003 they gave out the checks but only for people with kids, then the following year when you did your taxes, the child tax credit (not to be confused with the deduction per dependent) was not available that year as it had been in prior years. When this stimulus was anounced it was written that it would follow the same format. However, numerous media outlets reported that this stimulus will not reduce your refund next year so it may amount to free money. I read a few pages of the bill and it still uses the phrase “Advance refund or advanced credit” leading other analysts to determine the IRS will not give you the normal credit come tax time if you got the advanced credit. I didn’t look much further because it doesn’t pertain to me, I didn’t get one and my income precludes me from getting the credit or the advance credit. If I keep reading I’ll just get more pissed off because the whole concept of an income limit that is not regionally adjusted irritates me.
July 25, 2008 at 9:09 AM in reply to: Bailout bill tax credit provision has some fine print. #247035temeculaguy
Participantferaina- in 2003 they gave out the checks but only for people with kids, then the following year when you did your taxes, the child tax credit (not to be confused with the deduction per dependent) was not available that year as it had been in prior years. When this stimulus was anounced it was written that it would follow the same format. However, numerous media outlets reported that this stimulus will not reduce your refund next year so it may amount to free money. I read a few pages of the bill and it still uses the phrase “Advance refund or advanced credit” leading other analysts to determine the IRS will not give you the normal credit come tax time if you got the advanced credit. I didn’t look much further because it doesn’t pertain to me, I didn’t get one and my income precludes me from getting the credit or the advance credit. If I keep reading I’ll just get more pissed off because the whole concept of an income limit that is not regionally adjusted irritates me.
temeculaguy
ParticipantThread hijack alert
I just realized we are ten days from the start of pre season. I thought about it with your comment about the “itch.” I have two weekends left before shutting down for 6 months. In the back of my mind I think that is why I have been getting anxious. I am in a sports doldrum, I will be all better soon. Sunday, August 3rd, the NFL returns to T.V. and I will be cured. I just got rid of the latest love interest as well, unknowingly because I need my Sundays and Mondays free. My god, I have a twelve month male menstruation cycle that revolves around football, I have PNS, Pre Nfl Syndrome.
temeculaguy
ParticipantThread hijack alert
I just realized we are ten days from the start of pre season. I thought about it with your comment about the “itch.” I have two weekends left before shutting down for 6 months. In the back of my mind I think that is why I have been getting anxious. I am in a sports doldrum, I will be all better soon. Sunday, August 3rd, the NFL returns to T.V. and I will be cured. I just got rid of the latest love interest as well, unknowingly because I need my Sundays and Mondays free. My god, I have a twelve month male menstruation cycle that revolves around football, I have PNS, Pre Nfl Syndrome.
temeculaguy
ParticipantThread hijack alert
I just realized we are ten days from the start of pre season. I thought about it with your comment about the “itch.” I have two weekends left before shutting down for 6 months. In the back of my mind I think that is why I have been getting anxious. I am in a sports doldrum, I will be all better soon. Sunday, August 3rd, the NFL returns to T.V. and I will be cured. I just got rid of the latest love interest as well, unknowingly because I need my Sundays and Mondays free. My god, I have a twelve month male menstruation cycle that revolves around football, I have PNS, Pre Nfl Syndrome.
temeculaguy
ParticipantThread hijack alert
I just realized we are ten days from the start of pre season. I thought about it with your comment about the “itch.” I have two weekends left before shutting down for 6 months. In the back of my mind I think that is why I have been getting anxious. I am in a sports doldrum, I will be all better soon. Sunday, August 3rd, the NFL returns to T.V. and I will be cured. I just got rid of the latest love interest as well, unknowingly because I need my Sundays and Mondays free. My god, I have a twelve month male menstruation cycle that revolves around football, I have PNS, Pre Nfl Syndrome.
temeculaguy
ParticipantThread hijack alert
I just realized we are ten days from the start of pre season. I thought about it with your comment about the “itch.” I have two weekends left before shutting down for 6 months. In the back of my mind I think that is why I have been getting anxious. I am in a sports doldrum, I will be all better soon. Sunday, August 3rd, the NFL returns to T.V. and I will be cured. I just got rid of the latest love interest as well, unknowingly because I need my Sundays and Mondays free. My god, I have a twelve month male menstruation cycle that revolves around football, I have PNS, Pre Nfl Syndrome.
temeculaguy
ParticipantIt’s not so much the itch as a whole new land of opportunity. Thus far, as soon as I see the words “short sale” I click the back button and move on, figuring the listed price is just a guess and negotiations are too ambiguous. I’ve seen some nice places come up and close for prices i would have paid so I think I may expand my view a little and from what you and sd have said, I have no risk. I either get a great deal or no deal. My freaking dream house went up and down in a day and was a short, my ignorance caused hesitation, now I regret not taking a stab. There’s another little filly I’ve got my eye on, she’s got all I want and more, listing short at under 100 a sq., over 100 dom, so maybe I’ll take a stab, offer 250k for 3000 sq, a view and a three car, and just wait and see (list is within 15%). Flooring, counters and fixtures suck, no patio cover, typical “just barely got it and had no extra cash to finish it” job, but what the hell, low taxes and low hoa, in my beloved redhawk. It goes back to my thread about ranking house, neighborhood, lot, price. It’s got the stuff I can’t change and at that price i can dial her in. She’s a little older and a little plumper, but baby got back and she has potential. The turnkey ones move quick, the ones that need stuff seem to sit. I’ll let her sit another month, see if we take another chunk down and I get to move the chains one more time before kicking a field goal.
temeculaguy
ParticipantIt’s not so much the itch as a whole new land of opportunity. Thus far, as soon as I see the words “short sale” I click the back button and move on, figuring the listed price is just a guess and negotiations are too ambiguous. I’ve seen some nice places come up and close for prices i would have paid so I think I may expand my view a little and from what you and sd have said, I have no risk. I either get a great deal or no deal. My freaking dream house went up and down in a day and was a short, my ignorance caused hesitation, now I regret not taking a stab. There’s another little filly I’ve got my eye on, she’s got all I want and more, listing short at under 100 a sq., over 100 dom, so maybe I’ll take a stab, offer 250k for 3000 sq, a view and a three car, and just wait and see (list is within 15%). Flooring, counters and fixtures suck, no patio cover, typical “just barely got it and had no extra cash to finish it” job, but what the hell, low taxes and low hoa, in my beloved redhawk. It goes back to my thread about ranking house, neighborhood, lot, price. It’s got the stuff I can’t change and at that price i can dial her in. She’s a little older and a little plumper, but baby got back and she has potential. The turnkey ones move quick, the ones that need stuff seem to sit. I’ll let her sit another month, see if we take another chunk down and I get to move the chains one more time before kicking a field goal.
temeculaguy
ParticipantIt’s not so much the itch as a whole new land of opportunity. Thus far, as soon as I see the words “short sale” I click the back button and move on, figuring the listed price is just a guess and negotiations are too ambiguous. I’ve seen some nice places come up and close for prices i would have paid so I think I may expand my view a little and from what you and sd have said, I have no risk. I either get a great deal or no deal. My freaking dream house went up and down in a day and was a short, my ignorance caused hesitation, now I regret not taking a stab. There’s another little filly I’ve got my eye on, she’s got all I want and more, listing short at under 100 a sq., over 100 dom, so maybe I’ll take a stab, offer 250k for 3000 sq, a view and a three car, and just wait and see (list is within 15%). Flooring, counters and fixtures suck, no patio cover, typical “just barely got it and had no extra cash to finish it” job, but what the hell, low taxes and low hoa, in my beloved redhawk. It goes back to my thread about ranking house, neighborhood, lot, price. It’s got the stuff I can’t change and at that price i can dial her in. She’s a little older and a little plumper, but baby got back and she has potential. The turnkey ones move quick, the ones that need stuff seem to sit. I’ll let her sit another month, see if we take another chunk down and I get to move the chains one more time before kicking a field goal.
temeculaguy
ParticipantIt’s not so much the itch as a whole new land of opportunity. Thus far, as soon as I see the words “short sale” I click the back button and move on, figuring the listed price is just a guess and negotiations are too ambiguous. I’ve seen some nice places come up and close for prices i would have paid so I think I may expand my view a little and from what you and sd have said, I have no risk. I either get a great deal or no deal. My freaking dream house went up and down in a day and was a short, my ignorance caused hesitation, now I regret not taking a stab. There’s another little filly I’ve got my eye on, she’s got all I want and more, listing short at under 100 a sq., over 100 dom, so maybe I’ll take a stab, offer 250k for 3000 sq, a view and a three car, and just wait and see (list is within 15%). Flooring, counters and fixtures suck, no patio cover, typical “just barely got it and had no extra cash to finish it” job, but what the hell, low taxes and low hoa, in my beloved redhawk. It goes back to my thread about ranking house, neighborhood, lot, price. It’s got the stuff I can’t change and at that price i can dial her in. She’s a little older and a little plumper, but baby got back and she has potential. The turnkey ones move quick, the ones that need stuff seem to sit. I’ll let her sit another month, see if we take another chunk down and I get to move the chains one more time before kicking a field goal.
temeculaguy
ParticipantIt’s not so much the itch as a whole new land of opportunity. Thus far, as soon as I see the words “short sale” I click the back button and move on, figuring the listed price is just a guess and negotiations are too ambiguous. I’ve seen some nice places come up and close for prices i would have paid so I think I may expand my view a little and from what you and sd have said, I have no risk. I either get a great deal or no deal. My freaking dream house went up and down in a day and was a short, my ignorance caused hesitation, now I regret not taking a stab. There’s another little filly I’ve got my eye on, she’s got all I want and more, listing short at under 100 a sq., over 100 dom, so maybe I’ll take a stab, offer 250k for 3000 sq, a view and a three car, and just wait and see (list is within 15%). Flooring, counters and fixtures suck, no patio cover, typical “just barely got it and had no extra cash to finish it” job, but what the hell, low taxes and low hoa, in my beloved redhawk. It goes back to my thread about ranking house, neighborhood, lot, price. It’s got the stuff I can’t change and at that price i can dial her in. She’s a little older and a little plumper, but baby got back and she has potential. The turnkey ones move quick, the ones that need stuff seem to sit. I’ll let her sit another month, see if we take another chunk down and I get to move the chains one more time before kicking a field goal.
temeculaguy
ParticipantHere is a two part question
1. Is there an advantage to using the lisitng agent since I am unrepresented, the agent may be less likely to sit on my offer through them.
2. If I find a short that is overpriced or not fire sale priced and offer a fire sale price offer and I am the only offer, all they can do is decline, if they accept two months down the road and the climate and interest rates have changed, am I obligated in any way?
Reason I ask is that there are some overpriced shorts and some shorts that i don’t like yet priced fair at the price listed but would like at a much lower price.
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