I currently am getting one

The $600 limit by the IRS is on calendar year total, not individual sale amount. So for that piece...there's your answer.

This is the situation for most people.

Very generally speaking, Roth is best in your low earning years early in your career. Traditional is best in your peak earning years.

Some tax diversification is good. If you are not currently contributing to a Roth IRA, that is something you should consider.

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Oh, gotcha. Well, retirement is still a ways off (10+ years) but I'm going to guess our (married) tax rate will be lower in retirement.

The construction cost seems low if you are talking about addition plus remodel plus adding a garage etc.

Your current house is worth $900k. You think you can put up about $600k in the remodel well that puts you as $1.5M and you think a $1.6M house is unaffordable.

It's hard to compare your own project to rennovations/flips in your area. They are likely making part of their profit by doing the work, where you need to hire contractors.

You might want to look into the financing side more too. How do you intend to get the capital for the renovation? I don't think a HELOC is an option since they will cap at 85% of your equity in the property.

I don't see how it really changes most of the inconveniences aside from moving twice rather than once. The same set of delays/problems surrounding a sale are just as likely to happen regardless, only now you're begging a landlord to extend your lease month to month when you can't find a property in time.

I think it only really makes sense if you're moving somewhere that isn't local so you can take your time shopping your new area.

Were your transactions business or personal? Did you make any profit from any individual sale?

I think the tax rate is around 8 or 9% for tax/title/license and a year of late fees at 25/mo (maxing out at $200). And yes, currently unregistered

Is your car currently unregistered? And why is it so much to register it?

Thanks for replying. I appreciate it.

So by that number it's saying DOFD was 2018 which is hugely inaccurate. It was at least 3 years earlier, if not more.

It does seem like this debt was maybe sold to a debt collector, then sold back to the original creditor? I think I used to get letters from debt collectors, and now I get letters from the original creditor again.

Thanks for the feedback. I appreciate it even if it doesn't align with our thoughts. This is how we learn things!

That makes sense. Also, I'll be dropping hotspot once I'm home every day.

> I need hotspot on my phone to play wow

You state this as a "need."

Like I said, we're going to have differing values.

You ultimately decide what you "need."

You ultimately decide what you are willing to do differently.

That goes for everything else in your response.

We are finally in a position where we don't stress about finances. We aren't wealthy but we can pay our bills and have a little money left over.

What matters is your current tax rate vs. your expected tax rate in retirement.

See: https://www.reddit.com/r/personalfinance/wiki/rothortraditional

I handle the finances for the household and I pay the CC balance weekly. Closing date on the card is the 16th so I try to time purchases around that time. Even if the month ends with a small balance at closing it is immediately paid. It's been many years since we actually paid interest on a CC.

You may find these links helpful:

• 401(k) Fund Selection Guide
• 401(k) FAQs
• "How to handle $"

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Phone bill is high bc I need hotspot on my phone to play wow while I'm away and i have my tablet for watching tv and such. Usually I'm gone for the entire month except for a couple days. My roommate is moving out and i just re-signed the lease or I'd be moving for sure. I've only had the internet for a few months, but I will likely reduce the bandwidth it since I'm paying for it alone now. Public transit is definitely not an option, unfortunately. But i am thinking of selling my car and getting a much cheaper one. Six flags I'd say isn't a need, but they don't offer the plan I'm on anymore, so if I get rid of it, I'll never get it back. Plus, I only live about 20 minutes from one, so we go there all the time. I am considering dropping the car wash to maybe 10/mo or even 0 most of the time, especially if I get a different car. I cant stand ads at all, I cant use YouTube, spotify, or pandora with ads, but I will likely drop pandora and maybe YouTube, too and just stop using those services entirely.

On Tranuinion it will show "Estimated month and year that this item will be removed"

DOFD will be that date minus 7 years.

My aunt did this but wasn’t able to find a second place that she liked within 1-2 years. After that she started getting priced out since the prices kept going up. She has been renting for last 20 years now, owning another house is out of reach financially for her now

I dont think it's ok and it has nothing to do with refunds or investing etc. My money is my money, and f*ck the government for wanting any of it, much less to then refund it back to me. I am a big believer in "if we have money to help out other countries, then we have been overtaxed." I'm notsaying we shouldn't help other countries but I feel like it should be included as an option in our taxes. I wonder just how much would be used overseas then?

This is just one example of why I would never "loan" the government money. There are many more but of you are happy with it, that's fine too. I have renters who have told me they are happy renting from me. And I'm happy to keep collecting income from them.

> Anyone other than me think this is ok?

If youre properly saving it doesn’t matter.

The problem is the people carrying 30% credit card debt for a full year getting a refund.