Recent content by Hyper

So would we use latest assessed value for "basis" against gains, if any?

We inherited small amount of undeveloped acreage when MIL passed in our home state. We've been paying reasonable property taxes for 20ish years. Well the supposed value AND taxes tripled. Extremely depressed area! We have no desire to ever move back after 30 yrs and we only go back to see...

Our current plan is not HSA eligible. Just playing around on the HCgov site and changing the total income, the premium barely makes any difference. Choosing HSA eligible plans for the increased amount are only gold plans with the deductible and oop both rising about $15k/yr. The premium...

Thank you all! Well look into the HSA further.

Yes but luckily we barely ever go to doctor (thank the Lord) so we'd not have anywhere near enough to itemize to get the HSA savings benefit? Not sure what others are doing to get interest income down to get aca subsidies? I don't see a day when we will pay well over 30k a year for HI!

One thing that we just learned was that according to Turbo tax, contributing to trad IRA only reduces total income if you have "earned income". This is really going to hurt us next year for aca subsidies?? Luckily DW had enough earned income from vac pay, that was payed into Jan 22'. That...

Doing our taxes on turbotax, our total income is $7000 over what we claimed it would be for ACA deductions. We contributed as much as we could to our tradIRAs, but the "total income" amount stayed the same. We're unsure if this is the correct way to keep the ACA deductions for the amount we...

What they tell us inflation is x5!!

Thank you for this! A big question,(and yet to research it) I have is can we contribute to our existing IRA to keep our AGI in the sweet spot. Our HC last year was about $300. BCBS raised the plan by $5k for 23'. There was only one other new unknown provider which we chose for 23'. We have...

What I find may be more interesting is how the local entities will handle a large adjustment in home prices. I know in our state every assessor was out pulling double shifts to assess at higher valuations. Sure seems they would have to drop those valuations back down after 3 yrs or so but I'm...

Great Lord willing, I have absolutely zero plans of ever returning to work again. This has been a good test and hoping to lock in some good CD rates this year.

Years ago we had semi-remote property in a different mountainous area that Did have on grid electric. They made us sign a contract that stated we would Not use any solar on that property. Couldn't blame them as the electric company did pay for initial infrastructure. That is unless they received...

We've been off the grid in the mountains since first of Feb. We have solar system that we'll expand on once we get the rest of the cabin built. I actually love it. We have no ties to any entity besides property taxes. The solar has/ will pay for itself extremely faster than we ever imagined but...

hopefully it will be as easy as submitting 21' 1099 Int. Our minds have been mush for the last several months trying to get a cabin built. Doing the work hasn't been bad except for the snow. Getting materials has been horrendously bad. Driving all over creation to get materials. Thank you...