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O-T Lounge
re: BR car audio recommendation - NEWBIE
Don't have a rec for a shop, but look for something with either car play if you have an iphone or wait a couple months for pioneer and kenwood to get android auto setup on their head units....


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Political Talk
re: I was in DWS's Congressional District today-Observations - NEWBIE
She lives in Weston, Fl. Here's a link to google maps. [link=(https://www.google.com/maps/place/Weston,+FL/@26.0950366,-80.3956516,10131m/data=!3m1!1e3!4m7!1m4!3m3!1s0x88d9a091916ac747:0x89f4b74303b997e8!2sWeston,+FL!3b1!3m1!1s0x88d9a091916ac747:0x89f4b74303b997e8)]LINK[/link] Looks like a real urb...


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Money Talk
re: capital gains question - NEWBIE
No, you don't have to spend or reinvest the gain if you meet the below requirements of the home being your personal residence. You are thinking of a 1031 tax deferred exchange, which only concerns investment property, not your personal residence. [quote]Maximum Exclusion You can exclude up to...


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Tech Board
re: Galaxy S4 won't stop vibrating while on a call - NEWBIE
(No Message)...


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O-T Lounge
re: Clean outside of a chimney? - NEWBIE
[link=(http://www.rustoleum.com/en/product-catalog/consumer-brands/jomax/jomax-roof-cleaner-and-mildew-stain-remover)]LINK[/link] I think just bleach should be ok....


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Tech Board
re: Harmony Remotes - NEWBIE
check out cnet's review [link=(https://www.youtube.com/watch?v=JlpDSlpvguY)]LINK[/link] ...


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Tech Board
re: Galaxy S3 Battery issues - NEWBIE
[quote]Install cyanogen mod 11 (it's an easy install where you just click buttons). [/quote] Does this work for the verizon S3(SCH I535)? I tried the cyanogenmod installer app and it said it was not compatible with my device. I don'd mind rooting, but everything I've read for the verizon mo...


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Outdoor Board
re: Anyone here ever Thru-Hiked the AT? - NEWBIE
[link=(http://www.tigerdroppings.com/rant/p/45310392/Appalachian-Trail-Completed.aspx)]LINK[/link] There was another large thread that had a lot of advice in it, but I forgot who started it....


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O-T Lounge
re: I need advice from people who are knowledgeable about managing land - NEWBIE
You can sell all or some of the timber and defer your capital gains taxes via a 1031 exchange. You would have to re-invest the sales proceeds in anther investment property, but it only needs to be like-kind and considered an investment property. If you are interested in this, make sure to t...


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Money Talk
re: Capital Gains - NEWBIE
I believe Stout is correct on the personal residence. Regarding the business and business property, you have an adjusted basis in the property due to depreciation and/or any capitalization . Take your sales price and subtract your adjusted basis in the property, and that is your capital gain. Yo...


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Tech Board
re: Samsung 50" DLP television purchased in 2005. Just replaced the bulb.... - NEWBIE
I just replaced the bulb in my DLP. Did you make sure to replace and fully tighten the screw that came with the replacement bulb housing? I don't know what else in that area of the TV could make a grinding noise. Eta: This is what I ordered [link=(http://www.samsungparts.com/Products/Pa...


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O-T Lounge
re: Real Estate Lawyers/Brokers - NEWBIE
(No Message)...


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Money Talk
re: Found asbestos on ceiling and I am closing on house in 2 days - NEWBIE
Ask the attorney that is handling your closing for his advice. He may even be able to help negotiate an agreement for you....


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O-T Lounge
re: Anyone know any small engine repair people? - NEWBIE
Clifford's at Staring and Perkins. Not sure about the house call part. They picked up my mower last time I used them, but that was a few years ago....


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Outdoor Board
re: anybody know which, if any, of the local br walmarts carry dry ice? - NEWBIE
Don't know about walmart, but BR Packing and Shipping on Coursey sells it....


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Money Talk
re: Tenants just offered to buy house - NEWBIE
Adding to the above post, to determine whether capital gains taxes will be owed, you must determine your basis in the property. Ask your CPA or look at your records to determine how you have been depreciating the home. Also determine whether or not you have made any capital improvements that would ...


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Money Talk
re: Looking to buy a lot tomorrow need advice! - NEWBIE
Pull a purchase agreement of the Greater Baton Rouge realtor site. You, as buyer, have the choice of where to close. Make sure there is a title opinion given by an attorney. The title company will order a title history(abstract). The attorney will review and make sure the title is clear. If...


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O-T Lounge
re: My deodorant ruins shirts - NEWBIE
Mitchum...


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Money Talk
re: 1031 exchange - NEWBIE
$1250 for a basic forward exchange is what I've heard. ...


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Money Talk
re: Title insurance--is it a good buy? - NEWBIE
A title attorney is liable for their title opinion for three years. What do you mean questionable servitude? If the attorney is aware if it, it has most likely been recorded and should state exactly what it is. In regards to title insurance, it's about your risk tolerance. To me, a relativel...


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Money Talk
re: sub-chapter S corp? - NEWBIE
[link=(http://apps.irs.gov/app/withholdingcalculator/)]IRS[/link] Enter your numbers in this tax calculator for each scenario....


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Money Talk
re: sub-chapter S corp? - NEWBIE
I don't feel comfortable giving that advice out. I am not a tax professional. I just know some of the benefits of filing as different designations. Found this on SBA.gov: [quote]Disadvantages of an S Corporation Stricter Operational Processes. As a separate structure, S corps require sch...


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Money Talk
re: sub-chapter S corp? - NEWBIE
I am not sure when you must designate as an S-Corp with the IRS. Maybe Poodle or someone else can chime in. I'm sure any CPA's office would know off hand. Remember, you can not switch back and forth from one to the other. I believe after several years, you can go back to filing as an LLC, but t...


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Money Talk
re: sub-chapter S corp? - NEWBIE
I think I could have worded that differently. If you have a single member LLC or a multiple member/manager LLC, you are taxed as a sole proprietorship or as a partnership. Both of these are taxed at year end when you file a 1040SE, self-employment tax. If you file as an s-corp, you do not pa...


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Money Talk
re: sub-chapter S corp? - NEWBIE
You can pay yourself a normal "fair" salary and also through distributions. Your salary will have taxes taken out of it. The distribution portion will not have the self-emp. tax and will be taxed at your person income level. I believe that rate is still 15.3%, so you can save yourself a sign...


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Money Talk
re: No compete agreements - NEWBIE
They are heavily disfavored in Louisiana, but that does not mean they are unenforceable. They need to specifically identify the area it applies and the duration. I would run it by an attorney before you sign. ...


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Money Talk
re: LLC question for rental property purchase - NEWBIE
[quote]Bama, how much were the fees for moving the properties to the LLC? I briefly looked into forming an LLC but was worried that I might have to pay ~1.5% of the value to move them to the LLC.[/quote] The fees are not a percentage to transfer, at least not in La. They include the cost of prep...


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Money Talk
re: LLC question for rental property purchase - NEWBIE
File the LLC prior to closing. It would help to have it before the purchase agreement is signed so that you will not have to assign the purchase agreement to your new LLC. You can literally have the LLC set up in a day or two on the internet. The title company will prepare a certificate of au...


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O-T Lounge
re: OT lawyers/debt collectors... - NEWBIE
What state was the judgment rendered?...


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Money Talk
re: Landowner liability protection using LLC question - NEWBIE
Create the LLC and then do an act of contribution to your new entity. Any real estate attorney can do that for a minimum fee. Are there any agreements in place that the other coowners need to consent to the transfer of your interest? Also, are there any current encumbrances against the prope...


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