Tax Season!

[Kraftster]

Is PFIDC's interest/mortgage situation really that surprising? The first couple years on most home loans are going to be in that 80/20-70/30 range.

[PensFanInDC]

Is PFIDC's interest/mortgage situation really that surprising? The first couple years on most home loans are going to be in that 80/20-70/30 range.

Yep. I really want to go no mortgage next time around. Well, not conventional anyway. I'd want to buy the home and land outright and get a loan for the improvements/construction.

[King Sid the Great 87]

Is PFIDC's interest/mortgage situation really that surprising? The first couple years on most home loans are going to be in that 80/20-70/30 range.

Yep. I really want to go no mortgage next time around. Well, not conventional anyway. I'd want to buy the home and land outright and get a loan for the improvements/construction.

You would be boo boo the foo to not take a loan. Money is as cheap as ever.

[ulf]

2 people in my office just got 30 year mortgages for under 3.7%. Crazy

[KennyTheKangaroo]

The other infuriating thing for me has been that medical expenses don't kick in until after 7.5% of your AGI. That is conveniently below our out of pocket insurance cap so we can max out the cap and then are unable to claim anything. The year we maxed her cap out for two years in two months was the year I doubled my income for just that year, so I couldn't claim that either.

its 10% now unless you are really old. thanks Obama.

[dodint]

2 people in my office just got 30 year mortgages for under 3.7%. Crazy

3.625% here.

[skullman80]

We have a 30 year right at 4% that we got back in 2011. May try to refinance at some point, but still pretty happy with it.

[columbia]

You'll regret those mortgages, if we go into decades of deflation. ;)

[DocEmrick]

How do taxes on a Vangaurd account work?

[columbia]

You'll get a 1099-DIV form from them.

[DocEmrick]

Thanks

[Crankshaft]

2 people in my office just got 30 year mortgages for under 3.7%. Crazy

3.625% here. :fist:

I got 3.25 a few years ago.

[meow]

2 people in my office just got 30 year mortgages for under 3.7%. Crazy

3.625% here.

I got 3.25 a few years ago.

We did too. It's real nice.

[columbia]

I spent my state tax return at the vets office yesterday.
meow. meow.

[meow]

That's money well spent.

[PensFanInDC]

lol we did the same with part of ours. Paid my MIL back for Sammy's final vet visit. I made 2 mortgage payments, paid my wife's CC down to $0, and booked an amazing Friday night birthday surprise for my wife with our return.

[Sam's Drunk Dog]

2 people in my office just got 30 year mortgages for under 3.7%. Crazy

3.625% here.

I got 3.25 a few years ago.

Same here. For anyone looking to increase the equity of their home without increasing their mortgage payment, you should switch from paying your mortgage from a monthly payment to paying it weekly. I did this when I refinanced and I don't pay any more than I would if I kept the payments monthly. So instead of one $1000 payment I make four $250 payments. The result is that each quarter, an extra month's worth of principle is applied to my balance. I've been able to drastically reduce my principle and interest payments as a result.

[meow]

Return got deposited today.

[Idoit40fans]

Good thing dodint seems to be gone, his tears over you getting a deposit would run dem internets.

[meow]

He didn't like tax returns? Whaaaa?

[slappybrown]

No, his point, which I agree with, is if you are getting a large return, absent unusual circumstances, you are doing something wrong. Why give Uncle Sam an interest-free loan of your own money?

[meow]

Ah, I see. We like getting a large lump sum because it kind of forces us to live below our means throughout the year, then we get a huge gift in mid-March.

[ville5]

No, his point, which I agree with, is if you are getting a large return, absent unusual circumstances, you are doing something wrong. Why give Uncle Sam an interest-free loan of your own money?

That'll be enough out of you, dodint and the like. What meow and his ilk do is completely, 100% the correct thing to do.
my taxes are high enough. let them help uncle obama out with they interest free loans

[columbia]

Are you rebels actually investing the money or are you pulling down .05% in a savings account.

[meow]

Are you rebels actually investing the money or are you pulling down .05% in a savings account.

I was able to triple my return from last year through some investments.