Fatwallet.com Finance Our Mission - Serve consumers with knowledge, value and guidance. http://www.fatwallet.comhttp://www.fatwallet.com/rss_tv.php?c=52FatWallet.comhttp://www.fatwallet.com <![CDATA[Authorized user on credit card]]> http://www.fatwallet.com/forums/finance/1424114/ Rating: 0 Posted By: Izmeeh
Views: 187 Replies: 2

In August, I posted about getting a credit card for someone with bad credit. I got some very good suggestions. Thank you.

A portion of a post by debentureboy got me thinking. "Also, be VERY CAREFUL with regard to co-signing with him. Many many of us would strongly recommend against you linking your credit to his. It can be very damaging. (Not sure what the relationship is between you and him... and it really doesn't matter. Don't cosign!)"

Since it's an old thread, I can't reply so I'm making this thread to ask follow up questions.
------------------------------------------
1) If I am to be solely responsible for all debts incurred, will adding this person to my AMEX card as an authorized user in anyway affects my credit?
2) Since it is an authorized user, all charges will appear on my account right?
3)I can remove this authorized user from my account when I choose to do so without impacting my account?
4) I'm looking to buy a house. If I am to go this route, should I wait until the house has been bought to add this person?

I am asking assuming cosigning for someone is different from adding that person as an authorized user. I don't like the idea of co-signing and hope that the other person is on time with his bills. However, if I don't mind paying the charges that person incurs, I should have no problem adding person as an authorized user, correct?


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http://www.fatwallet.com/forums/finance/1424114/ Sun, 25 Jan 2015 12:46:15 -0600
<![CDATA[Looking to buy a stock thats traded on London Exchange]]> http://www.fatwallet.com/forums/finance/1424090/ Rating: -1 Posted By: micha8s
Views: 293 Replies: 3

Wife and I are seasoned investors. We've got a nice 401k, a few mutual funds at vanguard, a few mutual funds and 529s at fidelity, and a TD Ameritrade account. We also have a few muni bonds and two stock at Edward Jones..but we don't particularly like our "advisor", and have been thinking about getting out of there.

One thing my wife likes buying into is companies we purchase the products of. And this last week, she had a good idea for a stock. The stock looks promising. And we have the cash to pay for it in our "play with stock" account.

The problem...this company is traded on the London exchange. We hold 3 non-us companies through TD ameritrade; two are traded on NYSE, and one is canadian. But the stock we're looking to buy is not traded in the states, other than OTC. On yahoo finance, it has both an OTC ticker and a London exchange ticker (.L). From my research so far, I can buy from the london exchange using Fidelity or Vanguard; it would appear at first glance the cost would be less using Fidelity. But what about buying from London vs. OTC? Suggestions? Concerns?

thanks


Investing Deals

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http://www.fatwallet.com/forums/finance/1424090/ Sun, 25 Jan 2015 10:11:42 -0600
<![CDATA[AmEx $5 credit for $30 Gas (Shell) Offer question]]> http://www.fatwallet.com/forums/finance/1424088/ Rating: -1 Posted By: SinbadS
Views: 447 Replies: 9

This was a while back, but my questions is for those who remember, is this $30 supposed to be charged in a single purchase of gas at Shell or could be split in several purchases for a total of at least $30?


Deal Deals

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http://www.fatwallet.com/forums/finance/1424088/ Sun, 25 Jan 2015 10:11:25 -0600
<![CDATA[Bank of America credit line increase ]]> http://www.fatwallet.com/forums/finance/1424086/ Rating: 0 Posted By: truelies
Views: 304 Replies: 1

I clicked CLI button the day before yesterday, today got a hard pull. I Googled many said it's 'soft pull', looks like things changed.


Credit Deals

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http://www.fatwallet.com/forums/finance/1424086/ Sun, 25 Jan 2015 09:45:55 -0600
<![CDATA[Getting into a Masters or PhD program with free online courses: Has anyone tried this? How would it go?]]> http://www.fatwallet.com/forums/finance/1424075/ Rating: 0 Posted By: Gauss44
Views: 520 Replies: 8

Possible future or current alternative to paying tuition:

So these days, it is possible to watch almost any university class, including upper level science classes and classes from top universities, online. You can follow the class syllabus, do all the class assignments, send your assignments to a professor who grades them,... you can use the same textbook and watch the same lecture as the students who pay tuition to sit in the actual classroom.

To measure a student's ability who takes these free classes, there are sometimes Clep tests and standardized tests like the GRE, and potentially references from professors they've worked for. Hypothetically, lets say the student who does this is in Boston like me and knows a lot of wonderful professors who would help the student gain research experience, etc. Some professors will treat their online students who pay no tuition almost the same as they treat their paying students.

Given all of this, I cannot help but to wonder if it is feasible to get into a respectable graduate program, such as a masters or PhD program in physics, for instance, by primarily taking free online courses (and fulfilling the non-classwork requirements like volunteering in a professor's laboratory)?

Examples of great free online programs include MIT's Open Courseware and multiple classes here,http://www.fatwallet.com/forums/free-stuff/1422625/

I'm thinking that currently, this thrifty approach might work best if a student takes the lower level classes online and then goes to say, Harvard Extension, and gets right into the most advanced courses there. A solid grade in super advanced coursework, I'm thinking, might compensate for any lack of credibility from not paying for traditional lower level classes.

Your thoughts?


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http://www.fatwallet.com/forums/finance/1424075/ Sun, 25 Jan 2015 06:56:19 -0600
<![CDATA[Gaming the 1099G, over payments of state taxes to reduce taxable income]]> http://www.fatwallet.com/forums/finance/1424063/ Rating: 0 Posted By: goku2
Views: 549 Replies: 7

Here's a question. Let's say you know you'll be making $200K in 2015 but less than $40K in 2016, what if you decide to overpay your state tax liabilities by $100K+ in the tax year you make a LOT of money so that you can itemize your federal taxes and deduct that amount? Now you know you're going to be getting a 1099-G the following year because you way overpaid your tax liabilities and are going to get a refund but that's ok because since you'll only be making $40K or so the following year, when you take the standard deduction, you can basically ignore that 1099-G since it's only relevant when you itemize your return.

It's kinda late and I'm tired so at this point I'm not sure if this is an idiotic or genius post at this point. Please, go easy on me and don't give me too much red, I can only handle so much rejection.


Tax Deals

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http://www.fatwallet.com/forums/finance/1424063/ Sun, 25 Jan 2015 03:42:25 -0600
<![CDATA[About filing my 2014 tax return, I have few questions...]]> http://www.fatwallet.com/forums/finance/1424046/ Rating: 0 Posted By: Muniee
Views: 440 Replies: 1

I'm filing my taxes this year, and notice my return is 3x lower than last years, I'm doing something right, right?

Nothing has really changed much income wise since last year, I'm just a childless 25+year old, working part-time at a dead end job, living rent-free with my parents, and I'm not giving the government an interest free loan...I was aiming for zero but still ended up receiving something...Few questions:
1. Do I need to pay for TurboTax deluxe, premier, or home and business, or am I just fine with the basic free edition?
2. I have 2 or 3 private student loans which were in default and have been charged-off and now in collection, do I need to mention that on TurboTax? They're still accruing interest.
3. I have a few federal student loans in deferment, they're still accruing interest, how can I file that I have no type of forms from them, if I need to file at all....
4. Also why is TurboTax letting me file my state tax for free this year, but charged me $14 dollars last year?W-2
Turbotax


Tax Deals

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http://www.fatwallet.com/forums/finance/1424046/ Sun, 25 Jan 2015 01:32:16 -0600
<![CDATA[Dredging Gone Bad]]> http://www.fatwallet.com/forums/finance/1424037/ Rating: 4 Posted By: Porqin
Views: 760 Replies: 9

Posting this topic for a friend. He recently paid about $8k to an experienced licensed contractor to perform dredging in the canal behind his house. The contractor decided to begin the dredging four feet off of the sea wall. As a result of the dredging, the ground between where the dredging took place and the sea wall shifted, causing damage to the sea wall/structure itself, due to pressure from the land held back by the sea wall. (Apparently four feet was not enough?)

As a result of this damage, repair/replacement to the seawall and the accompanying dock is expected to cost $40-50k.

The question is, is the contractor partially or fully liable for such kind of damage? How to proceed: file a claim against the contractor's insurance, one's own homeowner's insurance, or pay it out of pocket?


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http://www.fatwallet.com/forums/finance/1424037/ Sat, 24 Jan 2015 23:16:09 -0600
<![CDATA[College Tuition Pre-paid- too good to be true]]> http://www.fatwallet.com/forums/finance/1423997/ Rating: 0 Posted By: WalletFatKing
Views: 1124 Replies: 23

Hello,
I am here to get advice on prepaid tuition plans and 529 plan from experienced and knowledgeable people in this forum.

My state has a prepaid tuition program where you can buy from 30 credits to full 120 credits required for a 4 year university. The 120 credit for a newborn is $24k if paid in one full payment this open enrollment period. The credits are transferable to out-of-state school at my states tuition rate.

My little analysis is making me say that the rate of growth of tuition in general is more than the market returns in a 529 plan. Especially, my states tuition rates are growing about 8% a year, every year! In this scenario, if my state education board performs on this contract, it will be a stellar return on investment compared to a 529 plan!

Our newborn might/may go to an out of state school, where we are alumni such as Cal or the likes where the tuition is more expensive, so I might also have to fund an additional 529 plan or save money towards that.

My strategy is to invest the 24k today to capture the growth of tuitions in my state (which might be more than market/529 plan returns) and transfer it to out-of-state school when time comes in~17 years.

Worst case scenario of our finances in 17 years, our child can at least attend a 4 year university in our state which is all paid for.

Does my strategy sound feasible? Realistic? Any caveats in buying into the program that we should be aware of? Any experiences? Will I better off investing this 24k in a 529 plan?

We are not able to buy other states prepaid programs due to residency requirements.

I am also listing pros and cons that I found reading through the Master Agreement, which I feel is well written to protect them and not us the investors.
Pros:
1. The prepaid program is transferrable to out of state school as much as it costs in state that time
2. I can cancel and get a refund (after 3 years) minus a small fee anytime non qualified refund
3. If my child gets a scholarship, I can get a full refund qualified Refund
4. I believe my states tuition is growing 8% a year, which I feel the markets cannot support in the coming 17 years in a 529 plan
5. I can buy all 120 credits for $24k now- which I am tempted to OR have a 5 year or 17 year plan that charge a 6.25% interest. Should I pay in lump sum now, I can scrap and bring in that money?
6. Tax treatment, transferrable between beneficiaries etc., similar to a 529 plan
Cons:
1. This is not guaranteed by the state or tied to tax payer dollars.
2. Current actuarial analysis provided by state says the program is well funded
3. The Master Agreement says that in the event when the program cannot perform or support future tuition increases, they :
a. May provide Qualified and Nonqualified Refunds at a reduced rate This will be a big bummber!
b. OR May pay Educational Benefits at a reduced rate Defeats the purpose of the contract
c. OR Terminate all Contracts and prorate the assets of Program among the existing Contracts if this happens I will lose out on the time I could have done things with a 529 plan - Might have political consequences for the state education board/The governor etc (if they care for our votes)

4. Financial Aid: The Program cannot determine and makes no representation as to what effect, if any, a Contract may have on financial aid.- They protected themselves.


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423997/ Sat, 24 Jan 2015 18:08:45 -0600
<![CDATA[29 year old looking to begin saving for retirement - help needed]]> http://www.fatwallet.com/forums/finance/1423952/ Rating: 6 Posted By: nagetech
Views: 1927 Replies: 25

Hello everyone!

I'm hoping I can get some help from you guys. I've found this forum to be a great source of information and full of very helpful people.

I'm looking to open up my first IRA, and have been doing a lot of research for it. Admiringly, I am left with some questions and would love to hear from you guys. I don't expect a spoon fed answer, but am open to suggestions and experiences.

I'm 29, single and do not have a Employer Sponsored Health Program/Retirement Program. So I'm leaning towards the Tradition IRA. I do want to fund it for the full tax deductible amount. What I'm having a hard time with is figuring out who to open the IRA with. I really have zero investment experience. Someone suggested the share builder platform to me because of the Portfolio builder, but even that (embarrassingly enough) is a little above my understanding at the moment. Playing with the Portfolio builder still had me have to pick options and I'm not sure which ETF is a good one to get into.

If there is any more info you need to maybe understand my situation I'd be more than happy to answer. But, what do you guys thing or suggest would be good for me to start with and open up taking into account my lack of experience?

Thanks in advance for any help!


Insurance Deals

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http://www.fatwallet.com/forums/finance/1423952/ Sat, 24 Jan 2015 13:29:23 -0600
<![CDATA[Downpayment]]> http://www.fatwallet.com/forums/finance/1423886/ Rating: 0 Posted By: Izmeeh
Views: 1064 Replies: 20

Hello,

I didn't want to touch my 403b so I didn't check the numbers yet. At this time, I can only ask in general terms. Which scenario is better?

1) Stop contributing to 403b to save for a downpayment. ~$700/month after tax? Benefit: I don't have to worry about scenarios where I have to pay back right away.
2) Continue to contribute to 403b and borrow from 403b for a downpayment. $1000/month Benefit: Tax-deferred. I should be able to continue the contribution during repayment.

I was thinking of having a second loan but then the interest of my first loan would be higher if I had a second loan.
House value: $450,000
One loan: 4% + PMI ($170/month)
1st loan with a second loan: 4.125% Second loan: 5.125%

Thanks.


Investing Deals

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http://www.fatwallet.com/forums/finance/1423886/ Sat, 24 Jan 2015 02:03:12 -0600
<![CDATA[Check fraud issue with a twist]]> http://www.fatwallet.com/forums/finance/1423837/ Rating: -1 Posted By: althes
Views: 1236 Replies: 26

Good thing I check my bank account twice a day and have texts about withdrawals and deposits.A check was cashed on my account in branch, by a scumbag.Funny thing is, I have the check number in question in my possession.The check is from a batch I just received last week and I haven't even gotten to that check number.So i am now out a major amount until research is finished.All reports are frozen long time ago, along with Sagestream and the rest.The bank and I finally got a copy of the check and it looks nothing like my checks, missing certain features also.Usually when you cash a check at this bank, they write your drivers license on the account and other info, but on the copy of the check nothing is noted.Bank manager also noted some internal issues.i suspect the teller is in on it or they are just damn sloppy at that branch.Also the forger has a very good check printer.State is MA.Yes I have switched direct deposit and switching bills now.Other issue is my tax return is supposed to hit the affected account and I hoping Monday that the bank will allow the refunds to go into the account as it is now frozen.IRS and state already accepted and processing my returns so can't stop the deposits.Well my week was hell as expected.Will update the outcome.


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423837/ Fri, 23 Jan 2015 18:54:54 -0600
<![CDATA[Tax savings on web business]]> http://www.fatwallet.com/forums/finance/1423831/ Rating: 0 Posted By: i63Aps
Views: 444 Replies: 1

I started a Online business few months back and it is generating revenue better than expected. The nature of the business is service providing and it is all virtual service (no inventory involved and it is not adult content). I have a offshore team and provide service to UK and Canada customers, but report all my revenue in Colorado / US. Seems unfair to pay so much taxes locally when all my revenue and operations is offshore. Within legal bounds, how can I save tax on my online business. Are there any tax havens I can consider. I will be consulting a Tax pro for advice, but Fatwallet folks have always something more to offer.


Question Deals

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http://www.fatwallet.com/forums/finance/1423831/ Fri, 23 Jan 2015 18:27:37 -0600
<![CDATA[Open a new Citi Gold account with 50k and get $400]]> http://www.fatwallet.com/forums/finance/1423828/ Rating: 0 Posted By: stormdog123
Views: 665 Replies: 2

https://banking.citibank.com/cbol/15/checking/q1/aquisition/defa... a $400 Cash Bonus

  • Open a new consumer Checking Account in the Citigold Account Package by 02/28/15.
  • Make an eligible deposit of $50,000 or more in new-to-Citibank funds into your new Checking or new or existing Savings Plus account within 30 days after account opening then maintain that balance for the next 15 days.

Is this a good deal? Is there anything like fees I need to look out for?


Credit Deals

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http://www.fatwallet.com/forums/finance/1423828/ Fri, 23 Jan 2015 18:11:42 -0600
<![CDATA[Targeted: Get a $50 Amazon gift card when you list with Prosper - Is it worth it?]]> http://www.fatwallet.com/forums/finance/1423776/ Rating: 0 Posted By: SinbadS
Views: 775 Replies: 8

Received this email today. I wonder after fees, etc., is this offer worth pursuing?

Get a $50 Amazon.com gift card with your loan.** Offer expires Sunday.

** Information about the Prosper Gift Card Promotion To be eligible for the Gift Card, you must (i) be 18 years or older; (ii) have a U.S. address for delivery of your gift card; (iii) be the recipient of this email; and, (iv) post a loan listing on Prosper.com between 8am on Friday, January 23, 2015 and 11:59pm on Sunday, January 25, 2015, all times Pacific, resulting in an originated loan. If you meet these criteria, Prosper.com will email you a link to fulfill your Gift Card by February 28, 2015. Gift cards will be mailed to the address of your choice within 3 weeks of your fulfillment request. Gift Cards are fulfilled by Customer Motivators, LLC. A Florida corporation. This offer is non-transferable and cannot be combined with any other promotional offer from Prosper.com. Prosper reserves the right at its sole discretion to disqualify any individual from the Promotion. This offer is void where prohibited or restricted by law.


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423776/ Fri, 23 Jan 2015 13:32:25 -0600
<![CDATA[Amazon to start collecting tax for Illinois customers starting Feb 1]]> http://www.fatwallet.com/forums/finance/1423763/ Rating: 3 Posted By: ach1199
Views: 1907 Replies: 40

From Chicago Tribune: http://www.chicagotribune.com/business/breaking/ct-amazon-sales-tax-illinois-0124-biz-2-20150123-story.html

Amazon.com will start collecting sales tax from Illinois shoppers starting Feb. 1, the e-commerce giant confirmed Friday,
in compliance with a new state law. The Law, which went into effect Jan. 1, requires out-of-state retailers
to collect Illinois' 6.25 percent use tax if they fit certain criteria. The compliance deadline was extended to Feb. 1
to accommodate the busy holiday shopping season.

Wonder if other online retailers will follow Amazon's footsteps or not?


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423763/ Fri, 23 Jan 2015 12:10:46 -0600
<![CDATA[Retail Availability of IPOs]]> http://www.fatwallet.com/forums/finance/1423746/ Rating: 7 Posted By: hfzeus
Views: 1617 Replies: 15

This is not to discuss individual stocks, but to share information on what IPOs FWers may be able to get at the offering price.

You will need an account at the brokerage mentioned. Please do not even think about investing in any company without researching it first.


Here is a start:

Source IPO Dates to Express Interest Expected Offering Date Expected Range


Fidelity Spark Therapeutics 1/20/15 to 1/28/15 1/29/15 $15-17

Fidelity Avinger Inc. 1/20/15 to 1/28/15 1/29/15 $12-14

Fidelity Zosano Pharma 1/20/15 to 1/26/15 1/27/15 $10-12

E*Trade Shake Shack ? 1/26-30/15 $14-16

E*Trade Flex Pharma ? 1/26-30/15 $12-14

E*Trade Advanced Accelerator Applications ? 2/2-6/15 $13-15

E*Trade Presbia PLC ? 1/26-30/15 $11-13


Investing Deals

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http://www.fatwallet.com/forums/finance/1423746/ Fri, 23 Jan 2015 10:39:12 -0600
<![CDATA[Can i withdraw from HSA account for the money i paid for medical expenses]]> http://www.fatwallet.com/forums/finance/1423732/ Rating: 0 Posted By: ygargpirate
Views: 691 Replies: 6

I am insured under HSA plan starting from March 2014. I did not open the HSA account in March, buti opened in June, 2014.
Due to some emergency, i had to go to doctor in May, before opening the HSA account andi paid the medical expenses from my pocket. That time i did not have HSA account in bank. My employer fo not contribute ti HSA.
Can I withdraw the samemoney from my HSA and shows as medical expenses which occured before opening of HSA account? But i was coverd under HSA plan from insurance complany.
Will there any tax or panatly if i withdraw the same amount of the medical expenses.


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423732/ Fri, 23 Jan 2015 09:19:30 -0600
<![CDATA[First Tennessee - Credit Card: 0% BT, $0 Fee, 0% APR - 12 months]]> http://www.fatwallet.com/forums/finance/1423721/ Rating: 5 Posted By: pbabb2
Views: 1025 Replies: 2

https://www.firsttennessee.com/Personal/Banking/Credit-Cards/Platinum-Premier-Visa

I believe they are Southeast only - Florida, NC, SC, Tennessee, Texas, Virginia

Platinum Premier Visa

Product Features (See Terms and Conditions)

  • No annual fee
  • No balance transfer fee**
  • Credit lines starting at $5,000
  • 0% introductory rate for the first 12 months, after that variableAPRs currently8.50% to 18.75% on purchases and balance transfers
  • Can be linked to checking foroverdraft protection
  • Compatible withApple Payfor convenient purchases with an iPhone=9px6

Account Benefits




Credit Deals

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http://www.fatwallet.com/forums/finance/1423721/ Fri, 23 Jan 2015 07:38:21 -0600
<![CDATA[Surveying Property]]> http://www.fatwallet.com/forums/finance/1423715/ Rating: -1 Posted By: elptrainerny
Views: 834 Replies: 11

On the side of my property is my neighbors driveway. About 5 feet in on my building is my electrical service box. 10 feet in they have a fence. I can walk on there driveway to get to my electrical service box. However their fence blocks me from fixing their windows without them being home (they are only there for the summer).I suspect their fence is on my property line.

-if I have a survey done, is the information just for me or does it need to be publicly shared (I don't want them pissed off that I ordered a survey and have the results come back against me.. then refused permission to do my windows...) If their fence is on my property knowing they must grant me permission would be very helpful


Real Estate Deals

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http://www.fatwallet.com/forums/finance/1423715/ Fri, 23 Jan 2015 07:05:04 -0600
<![CDATA[Contesting parking ticket with (apparent) wrong violation code and wrong fine -- likely to succeed? (RESOLVED)]]> http://www.fatwallet.com/forums/finance/1423711/ Rating: 1 Posted By: fearless62
Views: 1330 Replies: 29

Hey all,

I received a parking ticket at 11:41PM last night in Houston, TX.

I had parked the wrong direction on the street (as in, it was a residential two-way street, but the parking was on the left side, and rather than turn my vehicle around, I was lazy and parked on the left side).

The offense listed is APK-20 ("Parked more than 18in from right curb"), with a fine of $40 listed on the citation. The remark field written in by the officer states, "PARKED WRONG DIRECTION".

The Houston government web site at http://www.houstontx.gov/parking/Violations-Codeslists the relevant violations, and it would appear that APK-4 ("Parked on wrong side of street", $30) would be my actual offense. I am not sure why the officer keyed it in as an unrelated $40 offense.

Am I likely to succeed on an appeal, perhaps of the entire citation amount, based on the (apparent) incorrect citation code and fine amount? Or should I simply "pay my bills, deadbeat"?


Question Deals

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http://www.fatwallet.com/forums/finance/1423711/ Fri, 23 Jan 2015 06:46:18 -0600
<![CDATA[Career advice]]> http://www.fatwallet.com/forums/finance/1423646/ Rating: 1 Posted By: sfbosaurus
Views: 1046 Replies: 8

Hey all,

I am a 38 yr old entrepreneur making a move to USA. I have a MBA in finance and marketing from India .. GPA is a little low.
I will be looking to get a job when i move ... I tried giving the CPA exam a few ago but fell short by a few points and could not redo or continue because of various reasons.
I want to use my experience of setting up companies ground up and running them and want to be involved in management positions.
Does doing a CPA now help me be a better prospect for recruiters??
Help / Advice would be appreciated


Question Deals

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http://www.fatwallet.com/forums/finance/1423646/ Fri, 23 Jan 2015 00:18:10 -0600
<![CDATA[Check deposited twice. Glitch or fraud?]]> http://www.fatwallet.com/forums/finance/1423635/ Rating: 0 Posted By: unnamedny
Views: 1326 Replies: 21

I received strange call today from my employer. She informed me that I have deposited cash reimbursement check twice. She sent me a snapshot from her monitor screen with 2 checks with same number and same amounts deposited almost two months apart. One check was deposited in November through the mobile app, which I could recall, and another one on January 17. I pulled up my bank account (Chase) and there were no extra deposits to my accounts.Company I work for also has Chase account, and that's where the money came from.

I went to Chase branch to figure it out. Teller could not give me any answer on anything, he could only confirm that I did not deposit it twice. I was refereed to the manager afterwards. He pulled up mine and company's account. He said that money got transferred from company's account, but they have no idea where to. Bank manager opened a claim to fix the issue so I don't get penalized by the company I work for. He did not give me any clear explanation of what happened, if it a glitch or fraud or else..

Anybody has a reasonable explanation to this? How could one check get deposited twice, and how could it be done by someone other than me?
It was a printed check with stamp as signature, if it matters.


Question Deals

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http://www.fatwallet.com/forums/finance/1423635/ Thu, 22 Jan 2015 22:39:27 -0600
<![CDATA[Turbo Tax error thread for 2014]]> http://www.fatwallet.com/forums/finance/1423633/ Rating: 0 Posted By: althes
Views: 887 Replies: 3

Just got a REJ002 on my federal.
Seems it was a TT error on my W2.
Had to delete the import and reimport.
Error seems to be due to TT doubling up entries on the W2 imports.
Supposedly its fixed, I just went in reimported and refiled.


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423633/ Thu, 22 Jan 2015 22:37:28 -0600
<![CDATA[Court: Egg donor owes taxes]]> http://www.fatwallet.com/forums/finance/1423583/ Rating: 6 Posted By: tuphat
Views: 4057 Replies: 60

Coverage from The Hill --

A California woman owes taxes on payments she received for donating eggs, the U.S. Tax Court ruled on Thursday.

In its ruling, the court said that the $20,000 that Nichelle Perez received from a company called the Donor Source was income not damages for pain and suffering, which arent taxable.
Under Perezs contract with the company, she was compensated for her time, effort, inconvenience, pain, and suffering, and would have received that money whether she produced usable eggs or not. Perez donated eggs twice, receiving $10,000 each time.

But the tax court ruled that Perezs payment was income, essentially because she voluntarily agreed to the pain and suffering that came with donating eggs. Perez had not reported the $20,000 on her return for 2009, despite getting a tax form from the Donor Source, and the IRS later sought her out for payment.

Judge Mark Holmes of U.S. Tax Court said he had no doubt that donating eggs was painful for Perez. But he insisted that to rule that her payment was damages would have opened the door for boxers, football and hockey players, miners, farmers and ranchers to argue that they didnt owe taxes on their incomes because of injuries suffered on the job.

We dont doubt that some portion of the compensation paid all these people reflects the risk that they will feel pain and suffering, but its a risk of pain and suffering that they agree to before they begin their work, Holmes wrote. And that makes it taxable compensation and not excludable damages.

Perez said the donation process gave her cramps, bloating, headaches, nausea and fatigue. In the weeks leading up to her donation, Perez underwent internal ultrasounds, frequently gave blood and had to give herself more than 20 hormonal injections in the stomach.

Two days before her donation, Perez had to give herself a final injection with a two-inch needle in her lower hip. The surgery to retrieve the eggs, which recovered between 15 and 20, was also invasive and required anesthesia.

http://thehill.com/policy/finance/230477-court-egg-donor-owes-ta...

edit to add link to Tax Court opinion (21 pp): https://www.ustaxcourt.gov/InOpHistoric/PerezDiv.Holmes.TC.WPD.p...


General Economics Deals

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http://www.fatwallet.com/forums/finance/1423583/ Thu, 22 Jan 2015 18:17:24 -0600
<![CDATA[ADP 401k fund investing]]> http://www.fatwallet.com/forums/finance/1423562/ Rating: 0 Posted By: lrryjrry1
Views: 953 Replies: 13

The company does not match, and by looking at the fund, their expense kind of high, any advise on what fund should invest for next 20 years? I plan to invest fully to $18000 this year, currently have about $100k on the fund.
=10.0pt
Investment Fund Inception
Date
7-day
Current
Yield
1 mo 3 mo YTD 12 mo 3 yr 5 yr 10 yr Inception
to Date
Expense Ratio Gross
Expense
Ratio
SSgA Cash Series U.S. Government Fund - Class L 04/30/2012 N/A 0.00 0.00 0.00 0.00 N/A N/A N/A 0.00 0.75 0.75
Invesco Stable Asset Fund 01/21/2011 N/A 0.06 0.18 0.58 0.58 0.68 N/A N/A 0.77 1.17 1.17
Deutsche Core Fixed Income Fund - Class A 06/28/2002 N/A -0.01 1.55 5.29 5.29 3.48 4.76 2.63 3.17 0.91 1.04
George Putnam Balanced Fund - Class M 12/01/1994 N/A -0.30 3.31 9.95 9.95 12.93 10.23 3.47 6.45 1.49 1.49
American Century Income & Growth Fund - Class A 12/15/1997 N/A -0.58 4.74 12.22 12.22 20.19 15.22 6.58 6.10 0.92 0.92
Fidelity Advisor Equity Income Fund - Class T 09/10/1992 N/A -0.68 1.76 8.13 8.13 17.06 12.70 5.55 9.03 1.21 1.21
SSgA Active U.S. Large Cap Blend Non-Lending Series Fund - Class J 09/30/1996 N/A 0.29 4.84 13.47 13.47 20.74 14.90 6.62 6.86 1.32 1.34
SSgA S&P 500 Index Securities Lending Series Fund - Class IX 02/29/1996 N/A -0.32 4.74 12.89 12.89 19.59 14.68 6.98 7.68 0.71 0.71
Janus Forty Fund - Class S 05/01/1997 N/A -0.21 6.65 8.57 8.57 20.93 11.60 9.06 10.72 0.96 0.96
T. Rowe Price Mid-Cap Value Fund - Class R 09/30/2002 N/A 1.05 3.49 10.06 10.06 19.68 13.47 8.68 12.30 1.31 1.31
RS Value Fund - Class A 06/30/1993 N/A 0.11 5.82 11.60 11.60 20.48 14.31 7.78 7.92 1.30 1.35
Deutsche Mid Cap Growth Fund - Class A 06/28/2002 N/A 0.52 6.15 10.94 10.94 17.58 15.29 6.76 6.88 1.29 1.29
AllianzGI NFJ Small-Cap Value Fund - Class A 01/20/1997 N/A 0.30 1.53 1.60 1.60 13.82 13.46 9.06 10.75 1.18 1.21
SSgA Russell Small Cap Index Securities Lending Series Fund - Class VIII 09/30/1996 N/A 2.80 9.60 4.17 4.17 18.35 14.68 6.93 7.49 0.97 0.97
Alger Small Cap Growth Institutional Fund - Class I 11/08/1993 N/A 1.87 7.50 -0.25 -0.25 14.59 12.91 8.43 9.34 1.25 1.25
SSgA International Index Securities Lending Series Fund - Class VIII 09/30/1996 N/A -4.19 -4.46 -6.18 -6.18 10.09 4.47 3.59 3.22 0.99 0.99
AllianceBernstein Global Thematic Growth Fund - Class A 03/01/1982 N/A -2.57 0.87 4.49 4.49 13.12 5.51 4.24 11.42 1.46 1.46
Templeton Growth Fund, Inc. - Class R 01/02/2002 N/A -2.16 -2.71 -2.12 -2.12 15.48 9.05 4.26 5.92 1.28 1.28


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423562/ Thu, 22 Jan 2015 16:46:42 -0600
<![CDATA[Wedding Registry - the FW way]]> http://www.fatwallet.com/forums/finance/1423537/ Rating: 1 Posted By: DigiornosHunter
Views: 1719 Replies: 42

I'll soon have to confront the "WEDDING REGISTRY" for our upcoming nuptials. Based on thestrong principles that I've tried to absorb from FW in the past several years, I already know this willbe the most difficult part of the process for me because I really struggle with getting things that are not essential.

In the hope of finding a light at the end of the tunnel, I'dlove to get finance advice/experience/stores from all of you great people on things that you thought were very good, very wasteful, etc etc.

We're both 28/30, already living in our own place, but prettysimple in general. We're looking at the typical BB&B, Target, Anthropologie locations, but I'd love to hear of any great suggestions.

Thanks!


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423537/ Thu, 22 Jan 2015 14:47:11 -0600
<![CDATA[Citi Premier TYP change / upgrade 3X Travel]]> http://www.fatwallet.com/forums/finance/1423531/ Rating: 1 Posted By: neophyte
Views: 684 Replies: 0

I guess last time they downgraded Premier so much it became worthless and customer fled, so they're flipping the features again effective Apr 19th and - surprise - it feels like an upgrade.

Well, almost.

  • Dining and entertainment goes from 3X to 2X
  • All travel go from 2X to 3X, this time it's broadly interpreted: flights, hotels, gas, parking, any transportation; they want to say "any travel"

Since dining is easily replaceable I'd say this is an upgrade.

Small step in the right direction after years of decay and neglect: I except their cycle to turn to promotions now


Credit Deals

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http://www.fatwallet.com/forums/finance/1423531/ Thu, 22 Jan 2015 14:10:10 -0600
<![CDATA[Class Action - Foogo (Thermos)]]> http://www.fatwallet.com/forums/finance/1423488/ Rating: 4 Posted By: fartfile
Views: 1117 Replies: 6

Anyone that bought a Foogo between 1/1/2007 and 12/23/2014 because they were advertised as leak-proof and were not happy, is eligible.
2 options without proof of purchase: either a replacement bottle or cash payment
1 option with proof of purchase: cash payment of what was spent.

https://foogobottlesettlement.com/mainpage/Notice.aspx


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423488/ Thu, 22 Jan 2015 12:14:25 -0600
<![CDATA[Anyone have sock drawer cards cancelled for not activating?]]> http://www.fatwallet.com/forums/finance/1423477/ Rating: 4 Posted By: mistadeal
Views: 1214 Replies: 15

I typically don't take the time to call and activate new issuances of my recently expired sock drawered cards if I know I won't use them. Will this increase my chance of having the bank close the card on me?


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423477/ Thu, 22 Jan 2015 11:25:50 -0600
<![CDATA[Targeted: 10% back on M&T Bank Rewards CC up to $1000 in purchases]]> http://www.fatwallet.com/forums/finance/1423473/ Rating: 0 Posted By: unimeg
Views: 668 Replies: 0

Just got this in the mail, 10x points per $1 spent on all qualifying purchases for Feb & March. Max of 10k points earned. I thought for sure this was not 10% back, but after checking the redemption levels (2500 points for $25 Cash Back) it appears that it actually is. This card has been sock drawered for a long, long time for me. Guess it will see the light of day next month!


Deal Deals

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http://www.fatwallet.com/forums/finance/1423473/ Thu, 22 Jan 2015 11:16:15 -0600
<![CDATA[question about withdrawing from converted roth ira]]> http://www.fatwallet.com/forums/finance/1423465/ Rating: 0 Posted By: buffotoad
Views: 537 Replies: 2

In 2014 I converted $15,000 from a traditional IRA into a new Roth (my only one). Let's call this conversion #1.
I plan to convert another $15,000 in 2015. Let's call this conversion #2.
I plan to keep converting amounts for a few years after that. I am doing it this way to stay within my tax bracket.
I am 65 years old.
It is my understanding that I cannot withdraw any amount from the Roth without penalty until after 5 years.
How much can I withdraw in 2019 without penalty - $15,000 from conversion #1, or $30,000.
What I'm trying to find out is do I have to wait 5 years for each respective conversion amount?
Thanks for any help


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423465/ Thu, 22 Jan 2015 10:43:00 -0600
<![CDATA[City National Bank (Los Angeles) to Merge With Royal Bank of Canada]]> http://www.fatwallet.com/forums/finance/1423461/ Rating: -1 Posted By: burgerwars
Views: 769 Replies: 1

Here's the announcement, for anyone who follows this or may have an account with either bank:

City National to merge with Royal Bank of Canada
I write to you this morning with some important news. City National has entered into an agreement to merge with Royal Bank of Canada (RBC), the premier financial services company in Canada. A news release was issued today and a copy is available at cnb.com.This merger, which is subject to customary closing conditions, will be good for you, for City National and for all of our clients, colleagues, communities, and shareholders. Upon completion, City National will be backed by the resources and capabilities of one of the largest and safest banks in the world, which will enable us to provide you with even better service and broader banking and wealth management capabilities.RBC is the world's 12th largest bank, operating in 40 countries around the globe. The company has $941billion (CAD) in assets. Its U.S. presence today is comprised largely of wealth management and capital markets businesses. RBC wanted to add a private and business bank to that portfolio to grow here in the U.S.Under terms of the agreement, City National will continue to operate as a U.S. bank headquartered in Los Angeles. I will remain Chairman and CEO, and I'll be responsible for both the bank and RBC's U.S. Wealth Management unit, which administers more than $260 billion (USD) in assets for about 340,000 American households.Upon completion, City National will continue to operate as it does today - with its current management team and, for now, under its own brand. We do not expect significant job reductions as a result of this acquisition. Your bankers will remain here, doing what they do so well for you.The combination of our two companies will be a great fit. Both are highly regarded institutions with reputations for outstanding client service and integrity. RBC's management is committed to supporting City National's continued success as America's Premier Private and Business Bank, including its wealth management businesses. They understand and appreciate the uniqueness of City National's client-centric value proposition and strong service commitment to providing complete financial solutions to our clients.This is an exciting opportunity for all of us at City National and an important step forward as we look to grow and constantly improve the service, capabilities, and resources we provide to our valued clients. Our future is brighter than ever as we continue our journey along with you on The way up.There is no need for you to do anything differently. The merger is not expected to close until the fourth quarter of calendar year 2015. If you do have any questions, your bankers and advisors, as well as I, would be happy to answer them.I truly believe this will benefit all of our clients, and I thank you for placing your trust and your business with City National.CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this communication may be deemed to be forward-looking statements under certain securities laws, including the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. These forward-looking statements include, but are not limited to, statements about the expected effects of the acquisition of City National Corporation by Royal Bank of Canada, the expected timing of the acquisition and other statements other than in relation to historical facts. Forward-looking statements are typically identified by words such as believe, expect, foresee, forecast, anticipate, intend, estimate, goal, plan and project and similar expressions of future or conditional verbs such as will, may, should, could, or would.
By their very nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, many of which are outside the control of Royal Bank of Canada and City National Corporation. Forward-looking statements speak only as of the date they are made and, except as required by law, neither party assumes an obligation to update the forward-looking statements contained in this communication. Any annualized, pro forma, projected and estimated numbers in this communication are used for illustrative purposes only, are not forecasts and may not reflect actual results. We caution readers not to place undue reliance on these statements as a number of important factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. These factors include, but are not limited to, the possibility that the proposed transaction does not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the strength of the economy and competitive factors in the areas where Royal Bank of Canada and City National Corporation do business; the impact of changes in the laws and regulations regulating financial services and enforcement thereof; the effects of competition in the markets in which Royal Bank of Canada and City National Corporation operate; judicial or regulatory judgments and legal proceedings; Royal Bank of Canadas ability to complete the acquisition and integration of City National Corp. successfully; and other factors that may affect future results of Royal Bank of Canada and City National Corporation including timely development and introduction of new products and services, Royal Bank of Canadas ability to cross-sell more products to customers and technological changes.
We caution that the foregoing list of important factors is not exhaustive. Additional information about these and other factors can be found in Royal Bank of Canadas 2014 Annual Report on Form 40-F and City National Corporations 2013 Annual Report on Form 10-K, each filed with the U.S. Securities and Exchange Commission (the SEC) and available at the SECs website (http://www.sec.gov).Royal Bank of Canadas material general economic assumptions underlying certain of the forward-looking statements in this press release are set out in its 2014 Annual Report under the heading Overview and Outlook - Economic and market review outlook and for each business segment under the heading Outlook and priorities.IMPORTANT ADDITIONAL INFORMATION
In connection with the proposed transaction, Royal Bank of Canada will file with the SEC a Registration Statement on Form F-4 that will include a Proxy Statement of City National Corporation and a Prospectus of Royal Bank of Canada, as well as other relevant documents concerning the proposed transaction. The proposed transaction involving Royal Bank of Canada and City National Corporation will be submitted to City National Corporations stockholders for their consideration. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. STOCKHOLDERS OF CITY NATIONAL CORPORATION ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION WHEN IT BECOMES AVAILABLE AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders will be able to obtain a free copy of the definitive proxy statement/prospectus, as well as other filings containing information about Royal Bank of Canada and City National Corporation, without charge, at the SECs website (http://www.sec.gov).Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Royal Bank of Canada, 200 Bay Street, 4th Floor, North Tower, Toronto, ON, M5J 2W7, Attention: Investor Relations, 416-955-7802 or to City National Corporation, Investor Relations, 555 S. Flower St., 9th Floor, Los Angeles, CA 90071, 213-673-7615.PARTICIPANTS IN THE SOLICITATION
Royal Bank of Canada, City National Corporation, their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding Royal Bank of Canadas directors and executive officers is available in its Annual Report on Form 40-F for the year ended October 31, 2014, which was filed with the SEC on December 3, 2014, and its notice of annual meeting and management proxy circular for its 2014 annual meeting of common shareholders, which was furnished to the SEC under cover of a Form 6-K filed with the SEC on January 31, 2014. Information regarding City National Corporations directors and executive officers is available in City National Corporations proxy statement for its 2014 annual meeting filed on Schedule 14A, which was filed with SEC on March 11, 2014. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement/prospectus and other relevant materials filed with the SEC. Free copies of this document may be obtained as described in the preceding paragraph.


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423461/ Thu, 22 Jan 2015 10:14:32 -0600
<![CDATA[Cautionary Tales of Real Estate Investing]]> http://www.fatwallet.com/forums/finance/1423456/ Rating: 47 Posted By: solarUS
Views: 4531 Replies: 56

...or "how I came to love the Roach Bomb"

Every RE investor has at least one. Please share your best stories of woe from buying and renting/renovating/flipping houses, for the benefit of aspiring and currentinvestors alike. Blurbs are OK ("didn't visit often and place went downhill...") but some details are preferred ("...the pile of desiccated cat corpses interfered with the function of the ceiling fans."). I'll start:

1) When doing routine walk-throughs, go through every available room and look carefully.

When i would visit a certain rental, I only did a cursory check. Curiously, one of the bedrooms was always locked or somebody was "sleeping" in it. Only when the tenants moved out did i discover the truth. I'm not sure if they just threw chicken bones in that room, or opened an inter-dimensional portal to Roach World 4, but there was a veritable roach rug on the laminate floor. It was like Indiana Jones and the Temple of Doom's secret passage except, yknow, laminate and well-lit. I proceeded to try stomping on them, but around the same time I realized the futility, the accumulated roach guts made it slippery and quite hazardous to continue. You'd think I would call an exterminator...you'd be wrong. Boric Acid is like $5 for a quart. I spread it around "liberally" and made a little Roach Beach which eventually stopped wriggling. Fast forward a few days and the house was clear. Roaches havent been back since.

2) Don't front money to contractors

I hired a guy to do a siding job. I was still pretty green on rehab at the time, so I didnt know the ropes so well. He gave a good price andcould show meother buildings where he'd done work, so I signed a detailed contract andI gave him half up-front ($1700). First he stalled for a solid 2-3 weeks. Then, heand his guys dida really, really piss-poor job of wrapping (tyvek)...and then he just went MIA. It took me like 6 weeks and a lot of threatsto get the money back from him. He actually forged a work contract to contest the BBB report, and they sided (no pun intended) with him. Could have gone worse, I guess. Now I only front when material is on-site and behind a locked door, and never ever on labor.

3) Run background checks and practice zero tolerance

I rented to two couples in a 2BR apartment once. One of the guys had a marijuana possession charge on his record.Seemed like nice kids though, so I bent the rules. Fast forward a few months and I go to collect late rent, and somebody i didn't know answered the door. Turns out all 4 kids had been hauled off to jail, as they were running a drug androbbery ring. Cops later told me they found an AK-47 in the attic and dozens of car stereos under the house.I actually dodged a bullet (pun intended) on this one, as the house wasn't messed up as one of the moms felt bad and cleaned it out.

4) Don't mix friends and real estate

Or maybe, choose your friends and partners really, really carefully. I have several stories in this vein, but they generally follow the same plot (allowing for some variation for heroin, male prostitution, domestic battery, and lots of lies)...and all end up with me disappointed or furious, and the relationship harmed.

Your turn!


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423456/ Thu, 22 Jan 2015 09:54:37 -0600
<![CDATA[How do you plan your goals and finances?]]> http://www.fatwallet.com/forums/finance/1423425/ Rating: 0 Posted By: jeypisincioco
Views: 1148 Replies: 17

Hi everyone,

What I do is I have a plan of action in which I list everything in a piece of paper, write my goals which I think is attainable and make a checklist to see everything I've accomplished during the day. By doing this everyday, I think that it would definitely boost someones confidence as you know that you are doing something great be as small as it is. With regards to finances, I just usually use an excel file and write all my expenses and earnings that would come. It helps me to budget everything so I wouldn't be surprised anymore on all the payable's that will occur.

How about you? How do you plan?

I hope we can share something here to help each other achieve one's goals and dreams.


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423425/ Thu, 22 Jan 2015 06:07:19 -0600
<![CDATA[Valuation of brand new items donated to charity]]> http://www.fatwallet.com/forums/finance/1423310/ Rating: 2 Posted By: dcmfatty
Views: 3145 Replies: 87

I made a very large donation last year of items that were almost entirely brand new items. They were a mixture of items that I got as free or really cheap after rebate, price mistakes, etc. I am trying to calculate the value of these items for tax purposes and don't want to miscalculate and have it come back to bite me. I was thinking I can use the before rebate prices as long as they are consistent with the normal price for the item and then just use the price from a place like Amazon for the items I got as price mistakes. Does anyone else have any experience with this? I did create a detailed spreadsheet with all the items listed and took pictures of everything.


Question Deals

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http://www.fatwallet.com/forums/finance/1423310/ Wed, 21 Jan 2015 17:21:32 -0600
<![CDATA[Own my home debt free How to get a loan to start a business?]]> http://www.fatwallet.com/forums/finance/1423268/ Rating: 0 Posted By: fraggtastic
Views: 1630 Replies: 41

I own a home worth about 75k debt free and want to take about 50k out for a business. Is that a home equity loan or a mortgage and what is the best place to get something done in the next few weeks as I have a opportunity to buy something coming up.

Thanks for the help.


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423268/ Wed, 21 Jan 2015 14:31:51 -0600
<![CDATA[IRS free e-filing]]> http://www.fatwallet.com/forums/finance/1423257/ Rating: 36 Posted By: UncaMikey
Views: 3006 Replies: 19

This information is posted every year somewhere on FWF but tends to get lost down-thread in discussions of TurboTax, HR Block, etc, so I thought I would give it a thread of its own this time.

The IRS has a 'free fillable forms' website which allows anyone to e-file and pay their tax return, regardless of income, for free. The website allows you to select the forms you need, links them together, does basic math checks, allows you to print the forms if you like, and then e-file your return. You can save your work at any time and come back later, as often as you wish. You can pay via ACH, on the date of your choosing, or you can specify the bank account to receive your refund.

I've used this method for several years now and it's always worked flawlessly. And yes it's FREE. Yes, you have to be able to do your own taxes, but it's not as hard as you may think. The instructions may seem daunting at first but if you take your time you can figure it all out. And when you finish you'll have a greater understanding of how income taxes work.

IRS Free Fillable Forms


Tax Deals

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http://www.fatwallet.com/forums/finance/1423257/ Wed, 21 Jan 2015 13:36:24 -0600
<![CDATA[coinstar exchange]]> http://www.fatwallet.com/forums/finance/1423254/ Rating: 0 Posted By: cameron2003
Views: 1900 Replies: 27

You can cash in gift cards for up to 85% of value. I know you can get more in other ways, but this is so easy and very low risk.

Does anyone know which cards get 85%? Probably gas cards, but what else?

https://www.coinstar.com/coinstarexchange


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423254/ Wed, 21 Jan 2015 13:24:30 -0600
<![CDATA[FKFCU Visa 0% BT for 12 months, $0 BT fee, valid through Mar 2015]]> http://www.fatwallet.com/forums/finance/1423246/ Rating: 3 Posted By: TheDiggler
Views: 1603 Replies: 12

I loathe promoting FKFCU (commonly pronounced "F*K-F*C-U") deals because they're such a bass-ackwards CU, but this looks like a truly free 0% BT offer:
http://www.fkfcu.org/visa.html

Limited Time Only: Get 0% intro APR for 12 months on VISA balance transfers!1 And No Balance Transfer Fees! Check out our Loan Saver Calculator to see your potential savings with a balance transfer.
1 Annual percentage rate. Applies to new and existing VISA accounts (Student VISA excluded). Transfers ($500 - $25,000) made between January 1 to March 31, 2015. Does not apply to balance transfers from existing Fort Knox Federal Credit Union VISA card accounts or other Fort Knox Federal loans. 0% APR is effective for twelve (12) months from the first balance transfer date. Rate after introductory period based on credit worthiness as low as 9.25% APR.

*EDIT* Added "Visa" to title.


Deal Deals

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http://www.fatwallet.com/forums/finance/1423246/ Wed, 21 Jan 2015 12:57:22 -0600
<![CDATA[Tax/Financial Considerations for long term temporary work in another state]]> http://www.fatwallet.com/forums/finance/1423236/ Rating: 0 Posted By: vnuts21
Views: 909 Replies: 10

I currently live and work in RI. My wife currently lives in RI and works in MA.

I will be taking a temporary (not to exceed 1 year) position in Washington, DC starting in June. I will be paid as a regular employee of my current company (gov't agency) (paying RI state taxes), and will receive a per diem for lodging and food expenses. I am expected to find long term lodging for under 55% of the federal per diem rates (which limits me to an apartment). While the position is temporary, it is likely that I could switch to a differentagency andstay down in DC after the 1 year (not on per diem, but rather as a permanent change).

We will move out of our current apartment in RI, and move into a DC apartment. My wife will more than likely leave her job and try to find work in the DC area starting in June (another slim possibility is her working remotely for her current company).

Howwill this affect our tax situations? Would we need to establish permanent residency in DC, even though the position is temporary in nature? Is there a way to maintain residency in RI for the duration of the temporary position, even though I will not have a RI address?

If I do have to change residency, will I end up owing taxes to DC, and crediting the taxes paid to RI as a result?


Tax Deals

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http://www.fatwallet.com/forums/finance/1423236/ Wed, 21 Jan 2015 12:13:07 -0600
<![CDATA[Suggestions for Diminished Value Expert in Austin, TX]]> http://www.fatwallet.com/forums/finance/1423224/ Rating: 0 Posted By: mukkollu
Views: 836 Replies: 2

All,

My car was in accident. Other guy's insurance accepted the mistake and fixed my car. Please suggest me a DV expert to claim the DV.

TIA.

-S


Discussion Deals

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http://www.fatwallet.com/forums/finance/1423224/ Wed, 21 Jan 2015 11:40:53 -0600
<![CDATA[Nissan Leaf Lease Over. Any tips/ tricks to avoid additional fees?]]> http://www.fatwallet.com/forums/finance/1423216/ Rating: 0 Posted By: bharatiya
Views: 1252 Replies: 6

I am one of the hundreds in GA that leased the Nissan Leaf to take advantage of the state offered discounts. This is my first leased vehicle and I was one of the last people to lease it and my 2 years are going to be up soon. I am sure many of them have returned the cars back to their dealers. I am trying to find out if they faced any difficulties while returning it or if the dealer throw any bait/ switch at them at the time of returning. I missed doing the tire rotation at 12000 miles but I have done all the other maintenance stuff needed. Thank you for your time and input.


Personal Finance Deals

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http://www.fatwallet.com/forums/finance/1423216/ Wed, 21 Jan 2015 11:02:56 -0600
<![CDATA[Buying HVAC online]]> http://www.fatwallet.com/forums/finance/1423179/ Rating: 8 Posted By: elptrainerny
Views: 2734 Replies: 69

Has anyone recently bought a HVAC online viaingramswaterandair.com or acwholesalers.com? Thinking of doing it and then got quoted $1225 for install of a Heat Pump Split Unit. Total Cost would be $2700 vs $4500 via having a contractor do the install.

Even if warranty is void, the $1800 in savings is basically another unit (FV invested)


(the last thread is from 2009)


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http://www.fatwallet.com/forums/finance/1423179/ Wed, 21 Jan 2015 07:45:21 -0600
<![CDATA[Any Truth that Auto Hybrid Models are getting steep discounts]]> http://www.fatwallet.com/forums/finance/1423111/ Rating: 0 Posted By: Eng8492
Views: 2555 Replies: 55

Anyone find any truth to the rumor that dealers are cutting prices on new hybrids dramatically because of low gas prices? I have gone in with a check, walked from one dealer, all after extensive emails, and I'm not getting any big discounts off of invoice, but lower prices than Edmunds TMV pricing and USAA car buying service.


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http://www.fatwallet.com/forums/finance/1423111/ Wed, 21 Jan 2015 00:32:48 -0600
<![CDATA[Am I responsible for a lab bill in which Dr. severely underestimated cost?]]> http://www.fatwallet.com/forums/finance/1423085/ Rating: 0 Posted By: sharky1985
Views: 1770 Replies: 15

Kinda long... sorry..

Back at the end of 2013, I went to a routine well woman gyn. exam. My dr wanted to draw all kinds of labs. I was adament that I had a HDHP plan and wanted only those labs that would considered to be "preventable" to be drawn, otherwise I could come back in a few weeks and have the rest drawn under a new plan with a small copay for labwork. A discussion ensued between me, the doctor and billing staff about what to do...having me pay a small fee to the doctor for the labs and bypassing insurance was mentioned but billing staff said no. Ultimately I was led to believe that all the labwork should be covered because it was routine stuff and if not, it's not expensive testing anyway and just give them a call and they'll take care of it.

Well then last summer the EOB from insurance went through, showing my responsibility was $3000. Partially because the labs were all sent to an out of network lab and so half were not covered at all, and the other half blew through my out of network deductible. I called the insurance company, who then called the billing staff at the doctor, who admitted fault and said I would not receive a bill. I thought it was all taken care of.

Of course I just received the actual bill. It's been significantly lowered... to just $700 now but that's still $700 more than I was under the impression I would be paying. I've called the doctor's office again and they are being less than helpful now of course and the due date is quickly approaching.

I clearly had no desire to have $700 in lab costs when I went there that day and made a point to make this clear to everybody on the date of service. But now the doctor's office is distancing themselves from the fiasco and so I feel like I'm going to have to eat it.My question is, what kind of recourse do I have, if any?


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http://www.fatwallet.com/forums/finance/1423085/ Tue, 20 Jan 2015 22:23:17 -0600
<![CDATA[myRA Obama retirement plan]]> http://www.fatwallet.com/forums/finance/1423056/ Rating: 0 Posted By: TheAccountant
Views: 1854 Replies: 12

I just started one since the interest rate is 2.125% currently as of January 2015 and you can pull your money out any time. Plan on using it as a savings account since it beats banks excluding rewards checking accounts.


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http://www.fatwallet.com/forums/finance/1423056/ Tue, 20 Jan 2015 18:59:51 -0600
<![CDATA[Anyone use LendingClub Traditional IRA ? ]]> http://www.fatwallet.com/forums/finance/1423021/ Rating: 1 Posted By: flyalexair
Views: 1234 Replies: 4

Hi,

The Significant other will open up her first IRA soon. She already has 401k from an old employer and now has a TSP plan. Since Im already very deeply invested with stocks, bonds, mutual funds in my 401k, Roth, and personal brokerage account, would it be wise to have her do something like lending club? I've used lending club in the past but it was for a small dollar amount that I didnt really pay attention to the return %. Thoughts on a Traditional IRA for her? We are thinking Traditional since she makes over 100k.

Thanks!


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http://www.fatwallet.com/forums/finance/1423021/ Tue, 20 Jan 2015 15:24:25 -0600
<![CDATA[Taking possession of my car]]> http://www.fatwallet.com/forums/finance/1423007/ Rating: -3 Posted By: murphyb8
Views: 1995 Replies: 26

Long story short I have a car in my name. The title, registration and insurance. My dad is refusing to hand over the car as if it is his when its not. How do I go about getting it from him. I've already attempted talking to him but I obviously have had no luck. Any suggestions?


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http://www.fatwallet.com/forums/finance/1423007/ Tue, 20 Jan 2015 14:41:33 -0600
<![CDATA[Citi's Giving You Your Free FICO Score]]> http://www.fatwallet.com/forums/finance/1422998/ Rating: 24 Posted By: stanolshefski
Views: 3993 Replies: 44

Citibank Email said: Congratulations Citi is giving you 24/7 online access to your free FICO Score. Citi cardmembers can now view their FICO Score based on information from their Equifax credit report. Well share it for free each month. Well also give you credit education to help you understand how credit affects your financial life.

Don't wait any longer log on to our secure site and get your free FICO Score today! Remember you'll have 24/7 access to your score at citi.com/creditscore.


Got this a few minutes ago. I have a Citi Forward card, and no other relationship with Citibank.

ETA:Here's the score model information from the website.
Citibank said: Your FICO Score is calculated based on data from Equifax using the FICO Bankcard Score 8 model and may be different from other credit scores.


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http://www.fatwallet.com/forums/finance/1422998/ Tue, 20 Jan 2015 14:10:02 -0600