Search results

  1. 4

    Rental Property Over Depreciated - Now What?

    It appears that my parents rental properties were over depreciated by $51,000. Tax preparer A did their taxes for 36 years, and fully depreciated two properties over 27.5 years. Tax preparer A died, and Tax preparer B starts depreciating the properties again at $8500 per year for 6 years...
  2. 4

    3 Nights in Budapest, Vienna, or somewhere in Between?

    We have options for 3 Nights in Budapest, Vienna, or somewhere in between after we finish our Viking Cruise in July. Any suggestions? Thanks!
  3. 4

    Recommendations for Banks with Excellent Cyber Security?

    My wife's bank account was hacked. A relatively small charge of $400, but it's very stressful for her. She caught it three days after the charge. It appears to be crypto currency, according to the bank. The bank froze her account and our joint account. I changed some passwords on other...
  4. 4

    Happy 59 ½ Birthday!

    I just turned 59 ½, an age I have looked forward to for a long time :) After early retirement at age 52, it seemed like a long bridge to this safety net. Now I feel like I can tap my IRA if I need to. We just bought a condo last week, in part with the security of knowing I am now 59 ½. And...
  5. 4

    Thank You for Running a Clean Forum

    My wife and I have had some detailed discussions about inappropriate posts on other Social Media, especially Facebook. I appreciate that the ER Moderators and Users work towards a place where I can visit, comment, and feel that my wife would feel comfortable with the content. Here are a copy...
  6. 4

    Distributing Non-Financial Assets from Estate

    As Executor, how did you fairly distribute non-financial assets from an Estate. For example, let's say one beneficiary has no interest in the vacation home, one would like to "share" it indefinitely among family members, and one wants to sell to the highest bidder, splitting the proceeds with...
  7. 4

    Top 10 Rock Bands of All Time

    Inspired by a couple recent threads and a recent conversation I had. The conversation went like this: Him: "I think XYZ band is overrated". Me: "Yeah, so what are they ranked?" Him: "I don't know, but they're overrated. They have one good song." Me: "Have you seen them live?" Him...
  8. 4

    Visitor Overload

    After ER, and especially if you retired to a vacation-friendly area, visitors can be a little overwhelming. We just finished a marathon of 17 straight days of visitors. They ranged from age 6 months to 82 years old. An average daily load of 6 additional people at our house during this period...
  9. 4

    Two-House Pendulum Swinging Back to One

    When we were in our 40’s our retirement plan included relocating, but not with two houses. I observed MIL and FIL manage two homes, and sometimes three. They were always moving stuff around and travelling back and forth. Cars, golf clubs, and other items were often in the wrong place, and...
  10. 4

    Star Wars - are you going to see it?

    I have to admit that I have little interest in seeing the new Star Wars, but seems like a lot of people are going. Anyone here?
  11. 4

    ER Summary 2 1/2 years in!

    I joined the ER forum in 2006, and thanks to the many great contributors, I hit the ER button in 2013. :) I thought I would write this summary one year in, but it’s probably better to summarize now after 2 ½ years. I am still evolving in this process. Let me just say that ER has been great...
  12. 4

    Does Durable POA trump POA?

    Person A has a POA on DM's brokerage account. Five years go by. Then Person B gets a Durable POA on essentially everything for DM. DM now is basically incapable, in assisted living with advanced dementia. Is Person A's POA now trumped by the Durable POA of Person B? Seems to me that the...
  13. 4

    Anyone Used "A Place for Mom"

    I think "A Place for Mom" has been mentioned in a few posts, but does anyone have any direct experience with it? We are days away from placing MIL in assisted living in Cincinnati area, and this looks like it could be a good service. Money is not a huge factor. She has severe stage vascular...
  14. 4

    Should we Sell or Rent our Second Home?

    We have a second home we own as part of our ER. As things change, we are debating whether we rent in the second location and either sell or rent our second place. Does anyone have any models, analysis, thoughts, or opinions on what they have done for a similar situation? Thanks!
  15. 4

    What is a fair real estate fee in this situation?

    So what would you do in this situation?? We were working towards an owner to owner agreement on trading our houses. In parallel with that we had discussed possibly listing our house, assuming that the trade was not going to go through. By the time we met with our real estate agent, it was...
  16. 4

    Any advice on trading houses!?

    We have a unique situation that presented itself. We are very close to trading houses with someone. Does anyone have any experience with this? What are pros and cons? They want to pay off $20,000 mortgage in the deal, but we only want to give them $13,000. Any creative ways for the...
  17. 4

    Need Travel Ideas between Atlanta and Western Kentucky and Tennessee

    Taking a slow trip from Atlanta to Western Kentucky and Western Tennessee. Any travel ideas for good places to eat, camp, or sight-see? Mark Twain National Forest is a little out of the way towards the west, but I would be willing if someone has a great review. Thanks!!!:)
  18. 4

    When does ER get hard?

    I know some people really close to me that had a hard time with ER - Father, FIL, friend. Do people like that have problems from the beginning or does it take a month or more? Right now, nearly one week into this, ER seems like a no-brainer. :dance:
  19. 4

    All done!

    It was a difficult decision, but started feeling progressively better immediately. :dance: Left on a really high note, healthy physically, mentally, and emotionally. DW is very happy. Even Saturday felt different, since we did not feel we needed to cram everything into one day. We had a spur...
  20. 4

    Should I take this Lump Sum?

    Not a large amount, but as part of my pension, I can give up $1,239.60 per year for a lump sum of $25,458. I am 52, so a couple questions: 1. Will I need to roll this into an IRA? 2. Is it still worth the penalty if I tap it early? I think it still may be worth the penalty, and will keep...
  21. 4

    What is the most difficult position in sports?

    So this morning, dreaming of soon to be ER, I think I will have time to wonder about more things, debate them endlessly, and fritter away the hours that make up a dull day :):) I am seeing the struggles of Mark Sanchez, and his 26 turnovers in each of the last two years. I am thinking I would...
  22. 4

    What could Megacorp offer to stop you from ER?

    I was inspired by sengsational's post on another thread, so I wanted to ask the question differently, and not hijack that thread. DW is on board with the decision, parents as well, so only thing stopping me is myself, and whatever Megacorp throws at me. :greetings10: I am a couple days from...
  23. 4

    Need advice for 20 year old with $10k

    Our daughter has $10,000 that I have convinced her to move into a fund. She had $2500 that significantly outperformed $6000 sitting in her savings account, so she has entrusted the entire balance with me. I am thinking something fairly conservative, maybe 60/40 split. I would like to get any...
  24. 4

    Need Financial Advice for Parents

    I need some financial advice for my parents. After yet another financial advisor problem, my parents have decided to have me become their financial advisor. The first guy had them neck deep in CISCO, despite their request for a moderate portfolio. :( The last guy had them in class A mutual funds...
  25. 4

    New to Forum

    Hello everyone!  I registered today after a few months of hopping around the site. I am married, 45, with a daugther 17.  I plan on ER no later than 53, but I could go sooner if the opportunities present themselves.  I think that age 48 is realistic. I actually started planning ER in my 20's...
Back
Top Bottom