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Security

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Everything posted by Security

  1. I lost YOUNG friends to suicide, and that was sad, and tragic. I have also just said in my post that you copied just a piece of that my grandfather lost his will.
  2. Everyone has heartache. Suicide at 63 is not a tradegy, his was a decision, he had over 45 years of being an adult to decide this. Tragic is young people. This was a thought out plan, he waited until his wife went to bed and killed himself. He could have made other choices. ****, he could have got hammered, called some hookers and did a bunch of blow.
  3. I believe depression is a real, and very tough thing. I also believe people do not try hard enough to fight it, and they feel sorry for themselves and they put themselves in terrible situations that only make themself feel worse. That is still a part of decision making. If you are self aware enough that you have depression and choose to do things that can make you depressed, you choose your fate then. I have depression deep in my family, but I know some evolved out of feeling bad for one self over time. A lot of old people get it, like my grandpa, a carpenter, who was a young man in his early 60s when he had some physical issues that stopped him from doing things he loved, and he began to just lose his will. This is a different depression than WIlliams. Mine was more like his, heck, I was on all sorts of pills throughout my life.
  4. PS player or college coach. He doesn't have NFL ability.
  5. The Adventures of Baron Munchausen...... I really like the Night at the Museum movies..
  6. Bills are 4th!!!!!! http://wallstcheatsheet.com/sports/5-nfl-teams-no-one-wants-to-pay-to-see-live.html/3/ Worse..........
  7. There is very little any QB could learn from Fitz, I never understand why people think this. He takes head on collisions, he rarely slides, this is completely idiotic and is against the plan of today's QB, you need your starter on the field, he is a moron to me for trying to be a tough guy. He never throws guys open. He is not good at reading defenses, he is a see you open and I throw it to you, and his arm is not strong enough for that. For a dude so smart he has no sensibility, no understanding at all of his own ability, he tries to shove the ball into triple coverage, and he pays for it. He makes dumb and boneheaded decisions all the time. No way I want that failure and turnover machine of a player being a tutor for my QB.
  8. Makes sense, without a doubt. Thought I would share this, from a friend who is in the tax business: If he converted the main house to rental, the tax basis for purposes of his "rental activity" is going to be the lesser of the cost basis or the FMV on the date it is converted. Just based on his comments below, it sounds like the value of the house is $190k now, so if he converted it to a rental property, the tax basis for purposes of the rental activity would be $190k. If he rents it for a year and sells it for $190k, then he would basically have no gain or loss on the sale for purposes of his rental activity (you would also have to take into account depreciation, but it essentially should be a no gain or loss situation). Unfortunately, he would not be able to recognize a loss attributable to the decline in value during the period he used the house as his personal residence. If he is expecting values to decline, it sounds like the best strategy is to sell now. I don't see any potential tax strategies that would justify holding on to the house.
  9. I think he was bringing up age because there are a lot of working years left, and by moving I would get over an hour day each work day back too, my commute would be 30 minutes less each a day. If I was older and did not have to work the commute would not bother me as much too, really. Signs point to selling at the loss. I don't know if we have equity, really. we owe like 170K on a 240K home, and I hope we get 190K, that would mean we get to walk away, with NO MORE out of pocket other than what it costs to move to other place. I appreciate your comments.
  10. Thought someone here might have some tax knowledge. I have read enough information to determine that there is no tax benefit ever on a primary residence and to wait until it is a tax benefit is against what my financial adviser said. Actually his advice was funny. If you are young enough you can afford some loss, don't stay living where you are not liking to live. The recovery in housing is not everywhere, and there is a HUGE investor market. Not nearly the recovery that is advertised, and you are being forced to pay the 20% down now to get the good interest rates.
  11. Hi there. Hopefully someone can validate some of the information I am seeing. Any insight would be greatly appreciated. https://turbotax.intuit.com/tax-tools/tax-tips/Rental-Property/Selling-Rental-Real-Estate-at-a-Loss/INF12125.html I own 2 properties in Atlanta, GA. My primary residence is a big home 4 bedrooms, 4 bathrooms, big finished basement. We paid 240K like 8 years ago. I own a townhome that I was renting for this whole 8 years, and I had to actually evict the tenant. We are fixing this place up. It will be like less than 4 miles from the new Braves stadium. We will have to spend a good chunk of change to get this to where we would actually like to live there, and also add a privacy fence. Reason being......we have dogs. My wife recently became unemployed, and since we never had kids we are thinking about moving from the primary residence to the townhome to lower monthly expense. No, what to do with the main home? I am thinking at most we could sell the 240K property for 210K, but more likely we get abound 190K. It may be time to leave. People in this community are not moving and not doing enough to maintain the community, and I fear the neighborhood is moving towards even lower values. Also, this property has a lot of potential money pits. Might be time to take the loss (we owe less than the 190K so I do not believe we need to come out of pocket). How can I take advantage of this for taxes? From what I have read, you can write off a whole loss on rental property, assuming you rented for at least 1 year, but you cannot write off anything on a main home, for the same reason you pay no taxes if you sell your main home too. The link I posted says you can convert property from primary to a rental, but you may not get to write off the loss if the property already declined before. I just don't know enough about taxes to take advantage of things I may not be thinking about in this case.
  12. One of the batted down passes was not even a batted down pass. He literally hit the DL in the shoulder pad, the pass was low, it was not over the top, it was terrible field vision and an awful throw. The INT was just EJ never looking off and the Giants LB knew exactly where EJ was going the whole time. The other batted ball was also EJ staring down the play.
  13. This is a good list. I would personally add Marv Levy as #2 though. He let this team get old, was a big reason why Polian left, he came back and was a horrible personnel person. Marv Levy is directly responsible in many ways for this franchise sucking for years, and is the single most undeserving person in the NFL HOF too.
  14. Must has as many Williams starting as possible.
  15. Like I said, I SURE HOPE THEY ARE FAKE, and it looks like a joke. That is what I said.
  16. Geesh, I sure hope this is not true: http://www.conservativefiringline.com/twitter-photo-shows-satanic-evil-hamas-hanging-kids-fence-protect-building-idf/ Hamas hanging children on buildings in an attempt to not get them bombed? Looks like a joke, I hope it is not true.
  17. I liked that line best too! Does he have a gun?
  18. Kyle Williams is not even close to a team leader.
  19. I almost wish Dixon showed something because what Lewis and Tuel have shown is dreadfully awful.
  20. If Chris Johnson has a resurgent season, the Jets will be real tough. Knowshon Moreno will get hurt for the Phins. Edelman as your best WR, long term, not a winning formula. Bills could very well contend, but they need Spikes to be a better run stopper than Alonso was.
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