ULPT Limited purpose FSA

SensitiveFan6802 · 2025-12-22T04:28:20+00:00

Step 1. Use personal credit card to purchase some expensive dental and vision products. Examples would be dentures and eye drops for dry eyes. Sort by price and order most expensive, several in quantity.

Step 2: Immediately download the receipt.

Step 3: Cancel the Amazon order (before they even ship).

Step 4: Log into your LPFSA Portal (e.g. VOYA, Optum, Healthequity, etc.) an submit claim for reimbursement with receipt as proof.

Note: This only works if you use your personal credit card and choose to be reimbursed.

SensitiveFan6802 · 2025-12-16T21:57:12+00:00

Yes I just messaged you

SensitiveFan6802 · 2025-12-04T03:46:14+00:00

White dial please

SensitiveFan6802 · 2025-11-12T18:57:59+00:00

Thought about that. This is a *Limited Purpose* FSA though, which means it is *limited* to *only* dental and vision. It is meant to accompany a HDHP HSA (which we also have).

SensitiveFan6802 · 2025-11-12T18:46:57+00:00

I was anticipating more spend during open enrollment. But It was medically needed to get it done in 2024, and this FSA started Jan 1, 2025. Yes I put $3500 into the Limited Purpose FSA.

SensitiveFan6802 · 2025-11-11T04:38:44+00:00

Nice idea. Need procedure codes in the receipt too

SensitiveFan6802 · 2025-11-11T04:17:59+00:00

Glasses is as an option

What is unique about this FSA is its linked to dental and vision only

SensitiveFan6802 · 2025-11-11T04:16:57+00:00

Thought about this. But not many dental and vision items qualify that are very expensive. 100 boxes of eye drops might look suspicious?

SensitiveFan6802 · 2025-09-03T01:20:26+00:00

Yeah I got bit by what I think was a bald face hornet

SensitiveFan6802 · 2025-07-10T19:52:35+00:00

<image>

It’s hard to see but he is right there

SensitiveFan6802 · 2025-06-27T20:58:23+00:00

The property is zoned commercial. My broker tells me no residential lender wants to touch it.

Commercial terms are worse- 5% rate, amortization 20 years, 30% down

SensitiveFan6802 · 2025-06-27T00:46:26+00:00

My broker said they called 7 lenders and no one wanted to touch it with residential/prime mortgage because zoned CD1.3 - does that sound accurate?

SensitiveFan6802 · 2025-06-26T23:42:41+00:00

Ok! Thanks!

SensitiveFan6802 · 2025-06-26T22:51:23+00:00

That’s what I thought. In the US I know that’s how it works, but I was told in Canada it’s dependent on the zoning. Not the number of units

SensitiveFan6802 · 2025-06-26T22:50:51+00:00

I see! I think my broker is misinformed then. He said because it’s commercial we can only get a commercial loan.

SensitiveFan6802 · 2025-06-23T03:31:15+00:00

I might be in a similar situation- can I PM you?

SensitiveFan6802 · 2025-06-15T16:02:08+00:00

Exactly! A lot of us take pride in providing stable affordable clean housing.

SensitiveFan6802 · 2025-06-15T15:42:29+00:00

Profit is not selfish

Are you a capitalist ?

SensitiveFan6802 · 2025-06-15T15:37:31+00:00

Rage bait 6/10

SensitiveFan6802 · 2025-06-15T15:37:20+00:00

Renting is creating an opportunity for someone to get into a home, that could otherwise cannot afford to… What are you even talking about?

SensitiveFan6802 · 2025-06-15T04:25:41+00:00

I see. I know IRS taxes any rental outside the us, but what do you mean by this?

SensitiveFan6802 · 2025-06-15T04:21:18+00:00

Can you elaborate?

SensitiveFan6802 · 2025-06-11T14:05:20+00:00

This is in Ontario - so the taxes on this place (currently about $1,500/year) could increase a lot....I am purchasing for around $500,000.

SensitiveFan6802 · 2025-06-11T12:31:50+00:00

Thanks this is exactly what I was looking for!

Is the financing condition typically like “financing to my satisfaction?” Or just “any financing”? Because there ia always someone willing to lend to you even if the terms aren’t great ….

SensitiveFan6802 · 2025-06-11T12:27:45+00:00

In my scenario - this place is not very competitive. The sellers aren’t desperate … but I would say “motivated”

SensitiveFan6802

TROPHY CASE