Kevin Slater

http://img0.joyreactor.cc/pics/post/reddit-%D1%87%D0%B5%D1%81%D1%82%D0%BD%D0%BE-%D1%81%D0%BF%D0%B8%D0%B6%D0%B6%D0%B5%D0%BD%D0%BE-%D0%B0%D1%80%D1%82-5812206.jpeg Kevin Slater

eros.com is the biggie. Kevin Slater

I've read conflicting reports. MSNBC is reports Q: I'm self-employed and didn't previously qualify for unemployment. Am I eligible now? Yes. This bill creates a new program, called Pandemic Unemployment Assistance, that extends benefits to gig workers, contractors and others who wouldn't otherwise qualify for unemployment compensation but cannot work due to the coronavirus emergency. You'll get the $600 per week, plus half the average unemployment benefit in your state. NYT reports Are gig workers, freelancers and independent contractors covered in the bill? Yes, self-employed people would be newly eligible for unemployment benefits. Benefit amounts would be calculated based on previous income, using a formula from the Disaster Unemployment Assistance program, according to a congressional aide. Self-employed workers would also be eligible for the additional $600 weekly benefit provided by the federal government. But in either case, self-employed folk get the $600 on top of some other figure. Kevin Slater

Unrelated side-rant that I've been wanting to spew for a while: They really need to stop fucking with the forms. For my entire adult life, I think, there was a standard look and feel to the 1040. Tax laws would change and maybe there'd be a slight tweek in the form (like adding a line or perhaps two), but in general, this year's return would look like last years'. These bullshit new schedules one through three are unnecessary and make it far too confusing to follow the path of the numbers. I suspect it's all toward to goal of making the first page of the 1040 look clean and simple (akin to the oft-stated goal of having your tax return fit on a postcard), but that's bs when you create four new pages to replace the half-page you eliminated. Kevin Slater

I read this as "He is my friend. He is 40 years old. He lives on 40th Street and 10th Avenue. He is a good guy". Kevin Slater

My understanding is that the determinant is your AGI (either from your 2019 return, or 2018 if you have yet to file for 2019). As I think RMDs and a Roth conversion all add to your AGI, yes, those would count toward the stimulus limits (<75K to get the whole $1200, nothing for those >99k). I wonder if one could game the system by rushing to file her 2019 return if she has a Roth conversion in 2018, say. Kevin Slater

So... what are you wearing? Kevin Slater

I hadn't. Kevinboy SlaterXXL

Two (three?) words: FileMaker Pro. Kevin Slater

Saw it a while back. (Must have been in preview or something?) Didn't care for it. Kevin Slater

Sure, if he's a regular. Then again, my threshold for being considered a regular is pretty high. Kevin Slater

I realluy wanted to do that with the first one, but I think they didn't send anything that would be appropriate to burn. I think I wasn't inclined to destroy the original documentation. I guess this is where the term in effigy comes in. Kevin Slater

Kevin Slater

...and boy are my legs tired! Kevin Slater

Good points. I've looked into 1031 like-kind exchanges. The process sounds dicey. You have to have a maximum of three candidate properties identified at the time of the original sale, and must close on one of those within a specified (somewhat short, if I recall) time period. I'm concerned if the subsequent purchase gets held up, you end up getting hit by all that accumulated depreciation (which is taxed at 25%). But given the tax advantage, it may be worth the effort and risk. Kevin Slater

I'm not a fan of Prop 13. It basically freezes the property tax rate of those (predominantly white folk) who owned homes in 19-clickety-clack, while charging their neighbors in an identical house several times (?) that rate for identical services. And by making it expensive for empty nesters, say, to move (because their property taxes would reset at the current level), it's exacerbating the housing crisis by causing those folks to over-consume housing stock. Kevin Slater

Unless, of course, the apartments are rented out, in which case the entire property taxes are fully deductible as business expenses, not contributing to your SALT cap. Plus, you get to depreciate ~3% of the purchase price (technically, one twentyseventh-and-a-half of what you paid for the structure but not the land) each year. And should you bequeath the unit upon your death, the inheritor gets it at a stepped-up cost basis so the government never recovers that accumulated depreciation. All of this and more is why I love rental properties. Kevin Slater

Presumably his state (or in this case, DC) income tax is greater than $900, so he's no longer able to deduct all his property and income taxes. Kevin Slater

Clearly anyone not using the osmosis method of advertising must just be jonesing for his next fix. Kevin Slater

They have all been thirty year fixed (with no prepayment penalty). Even if I pay it off in five, it's easier to qualify based on a thirty year amortization. Kevin Slater

It's been glitchy here in NYC. Kevin Slater

Woohoo! I just paid off my final mortgage. All three apartments are free and clear now. Kevin Slater

Some sort of bullshit about needing to join to see the ad. Kevin Slater

Take a deep breath and think of England. Kevin Slater

Specifically, yes. https://www.theverge.com/2019/3/4/18250075/att-restructures-warnermedia-hbo-turner-streaming Kevin Slater