Favorite team:Mississippi St. 
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Number of Posts:60
Registered on:12/26/2011
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re: Information on Financing Land

Posted by Jobo on 9/23/21 at 12:43 pm to
Call the First South Farm Credit Ridgeland, MS branch at 601-898-8540. They service Yazoo County, Ms.
I believe the bottom ring is called the esophagus lower sphincter. I wouldnt advertise that you are having problems getting food through your sphincter

re: Talk me out of buying AT&T

Posted by Jobo on 12/9/20 at 9:40 am to
Any idea on why T has been up the past few days?

re: Inheriting large sum

Posted by Jobo on 12/7/20 at 6:45 pm to
If he set aside the money in the market to buy it in twenty years his pile of money will be much higher By then too. Then he doesn’t have to worry about property taxes, HOA fees, hurricanes etc until he ready to use it when he’s retired
If you think it will decrease, and you don’t want to sell the stock wouldn’t a more effective hedge be to sell a call? If it goes down you pocket the premium and decrease any potential loss in value. Additionally since it increase 80% call premiums are high.

re: I'm a student with intership questions

Posted by Jobo on 11/10/20 at 6:58 pm to
If you are just straight applying for an internship blindly online or through the career center, yes you are SOL. There is only so many spots to fill and the easiest way to screen candidates is by GPA.

If your willing to work and use connections and are somewhat charismatic then you should be fine, you will just have to work harder to get the internships you want.

re: When to buy market dip?

Posted by Jobo on 10/30/20 at 1:01 pm to
Because its a hedge, nobody really knows what the market will do
I mean if he's refusing to do tasks, it doesn't sound like a bad fit, he just doesn't sound like a good employee. Document his refusals in his file and just get rid of him

re: Naming my LLC

Posted by Jobo on 9/23/20 at 1:22 pm to
Retired and over qualified LLC

re: Need help on possible relocation

Posted by Jobo on 9/23/20 at 12:56 pm to
Madison, MS. Move to Lake Caroline, Annandale or Reunion People will shite on it, but if your focus is on family and not amenities, its a great safe place to raise a family with a low COL.
Exactly, OP is potentially close to retirement already. Why not bank the salary and lower your means, live like your in medical school for the next 8 years and retire early?
Do you plan to live in the house until its paid off? If so do it if you can afford the new payment.
This is right on the accounting side. Unless you have some kind of built in customer tracking software, you will still need to separately track your deferred revenue account in excel and reconcile this sheet to the GL. In your excel you would have a row for every customer and the number of tickets and total price of the tickets for that specific customer. All the rows of customer and their totals should tie to what you have booked in the account.

If your strictly just wanting to see total tickets sold, You could always create an account called "control account" below your income statement accounts, and then everytime you sell a ticket credit the control account and debit a "tickets sold" account. You could get creative this way and set up different types of accounts to track the different types sold but to set up one for each customer would get very messy.

re: Biden to end 401k Tax Benefits

Posted by Jobo on 8/25/20 at 9:13 am to
Unfortunately, I don't think this is just a Biden thing. These types of ideas are going to keep coming from Democrats no matter who is in charge

State Unemployment Trust Fund Balances

Posted by Jobo on 7/27/20 at 3:44 pm
Thought this may be interesting to some of yall. The link goes to treasury direct which is the website that tracks the unemployment trust fund balances by State. Mississippi is down to 360 million from 704 million in March. You can click through all the different states to see how the different trust funds have fallen.

Unemployment Trust Fund Balances

re: Mortgage Delinquencies are Spiking

Posted by Jobo on 7/16/20 at 9:36 am to
A little fear mongering but there is more to it then just delinquencies.

If someone is in forbearance their credit and loan ability will go down so to refinance the interest rate they refinance to will be higher and more restrictions on the loan and Income to debt ratio. So its not just that easy.

Additionally, banks have to transfer forbearance and late loans to non accrual status which means they cant show any income on the loans. Once a loan is moved to non-accrual is pretty hard to get it out even if the loan holder starts making normal payments again. Less income for bank, less capital, higher restrictions to get a loan, then come housing price decreases etc.

re: Reservation system for camp

Posted by Jobo on 5/10/20 at 7:44 am to
Would something simple like signupgenius.com work?

It’s mostly for meals, but you may could tailor it for beds, might be easier than google sheets if you could make it work

re: Self employed PPP

Posted by Jobo on 4/15/20 at 8:51 pm to
Single member LLC, haven’t set up as an s Corp yet so it’s all on her schedule C. No employees

re: Self employed PPP

Posted by Jobo on 4/15/20 at 8:49 pm to
I understand how the calculation is done but she started her business in April of 2019 and business was slow for the first few months, so her average pay is low for 2019.

Specifically what I’m asking is, how are they going to determine what’s forgivable. Are they going to look and see what she made during the next 8 week time period and compare with her 2019 average or just auto forgive whatever her 2019 average was.

re: Self employed PPP

Posted by Jobo on 4/15/20 at 8:43 pm to
Oddly enough I am a CPA, just don’t deal with taxes