Is everybody happy with they new tax law
On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote:
wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. |
Is everybody happy with they new tax law
On Mon, 08 Jan 2018 23:07:24 -0500, wrote:
On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. === She could probably get $1300/week during the winter season using VRBO or Airbnb. There are also no hassels with dead beat renters or house wreckers that way. |
Is everybody happy with they new tax law
On Mon, 08 Jan 2018 23:59:09 -0500,
wrote: On Mon, 08 Jan 2018 23:07:24 -0500, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. === She could probably get $1300/week during the winter season using VRBO or Airbnb. There are also no hassels with dead beat renters or house wreckers that way. There is a latino family in there now who are great neighbors. I am also not sure your average tourist would pay $1300 for that dump. The community assn would really be ****ty about the amenities for a weekly renter anyway. |
Is everybody happy with they new tax law
On 1/8/18 11:07 PM, wrote:
On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... |
Is everybody happy with they new tax law
On Tue, 9 Jan 2018 07:29:52 -0500, Keyser Soze wrote:
On 1/8/18 11:07 PM, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... Now it is disreputable? |
Is everybody happy with they new tax law
On 9 Jan 2018 16:38:00 GMT, Keyser Soze wrote:
wrote: On Tue, 9 Jan 2018 07:29:52 -0500, Keyser Soze wrote: On 1/8/18 11:07 PM, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... Now it is disreputable? Drinking, dancing, nude swimming, dogs ... :) === You should try it some time if you can find dogs that will dance with you. |
Is everybody happy with they new tax law
On Tue, 09 Jan 2018 11:43:41 -0500, wrote:
On 9 Jan 2018 16:38:00 GMT, Keyser Soze wrote: wrote: On Tue, 9 Jan 2018 07:29:52 -0500, Keyser Soze wrote: On 1/8/18 11:07 PM, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... Now it is disreputable? Drinking, dancing, nude swimming, dogs ... :) === You should try it some time if you can find dogs that will dance with you. Most dogs swim nude. Don't know if they'd do so with krause though. |
Is everybody happy with they new tax law
On 1/9/2018 11:43 AM, wrote:
On 9 Jan 2018 16:38:00 GMT, Keyser Soze wrote: wrote: On Tue, 9 Jan 2018 07:29:52 -0500, Keyser Soze wrote: On 1/8/18 11:07 PM, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... Now it is disreputable? Drinking, dancing, nude swimming, dogs ... :) === You should try it some time if you can find dogs that will dance with you. That reminds me. Mrs.E. has been trying to convince me to get another dog since Sam Adams left. I don't want another dog. After the latest encouragement to get one, I sent her this: https://tinyurl.com/y7fpxvaf |
Is everybody happy with they new tax law
Mr. Luddite wrote:
On 1/9/2018 11:43 AM, wrote: On 9 Jan 2018 16:38:00 GMT, Keyser Soze wrote: wrote: On Tue, 9 Jan 2018 07:29:52 -0500, Keyser Soze wrote: On 1/8/18 11:07 PM, wrote: On Mon, 08 Jan 2018 19:47:56 -0500, wrote: On Mon, 8 Jan 2018 19:29:11 -0500, Alex wrote: wrote: On Sat, 6 Jan 2018 22:35:27 -0500, Alex wrote: amdx wrote: and hey, how about the stock market? I should do well under the new tax law, looks like I'll qualify for the pass thru, knocking off 20% of my business income from being taxable. and a Standard deduction of $24k, what's not to like. I'll will lose two child deductions, but I would have lost one anyone, she's getting married. Mikek My 401K hit seven figures shortly after President Trump was elected and has grown even more. I'll have to see how it affects my paycheck. The new rates won't be active until next month. If this continues I might be able to retire at 55! === I've been moving into more conservative, and more diversified assets in anticipation of a market pull back. I'd suggest keeping your job a bit longer if you enjoy what you're doing. Inflation becomes a real risk once you stop working. --- This email has been checked for viruses by AVG. http://www.avg.com I'm realistically looking to retire by 60. I've got a few IRA's and some non-retirement investments, too. I don't want to have to watch the market all the time to feel comfortable. Investing new money is challenging right now with the market so high. I'm looking more and more at real estate. === I like real estate because it offers some protection against inflation, and it offers an opportunity to use leverage effectively. Managing rental property requires a fair degree of skill and effort however. Renters are generally a pain in the ass. It takes a special personality to be a landlord. The only way I would do it is with an agent and hold the property as an LLC. I did look into it when we were trying to buy the house next door but I made up my mind I would have just used it for my shop. The house was and still is a tear down but there is some old nasty woman renting it. I doubt she has made a dime in the last 2 years still trying to get the money back it took to make it livable. She paid 100k for it and probably has another 100k in it renting for $1300 a month. Probably fetch more rent were it not located next to a disreputable tiki bar... Now it is disreputable? Drinking, dancing, nude swimming, dogs ... :) === You should try it some time if you can find dogs that will dance with you. That reminds me. Mrs.E. has been trying to convince me to get another dog since Sam Adams left. I don't want another dog. After the latest encouragement to get one, I sent her this: https://tinyurl.com/y7fpxvaf When we bought our first house, we had several walnut trees. The dogs loves to deposit Pee mail on them. So we sprayed the trees with dog repellent, or that is what the stuff we bought claimed. We had dogs from out of the neighborhood o use the local pee-mail post box. |
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