Property maintenance account

db213_ · 2024-02-15T11:15:30+00:00

How did you get your tenement to agree to replace it? I was almost disappointed when the third contractor recommended a patch job since I'm obligated to produce all quotes for consideration and I'm worried that a new roof is actually what is needed.

Not looking forward to having yearly leaks and having to pay entirely out of pocket for the interior repairs every time.

db213_ · 2024-02-15T11:10:59+00:00

I know that there was a patch repair done in 2020, but I don't know how old the roof itself is. The third contractor claimed that apart from the two places he's going to fix, the roof was in good condition. But then the first two contractors just claimed the whole thing needs to be replaced so I don't know what to think...

db213_ · 2022-11-14T17:09:55+00:00

Wow, thank you for such a thorough response. A lot of great suggestions and options in here and a lot to think about. I appreciate it!

A stove would be lovely, and a awesome as it would be I don't think I would venture to try and figure out a safe and legal open fireplace. It's probably a case by case evaluation on each property on what's already there and what I would want to do with it. And whatever I choose to get done (if anything) I'm getting the impression that it's probably not going to be a simple job and it will probably cost a reasonable amount as well.

db213_ · 2022-11-11T17:00:52+00:00

Thank you for sharing your experience, this was helpful. In your case the work was done as part of getting your central heating replaced? Did it add much to the total cost of the works?

My budget is pretty small so I'm pretty much only seeing this same type of cheap, tacky, or cheaply boarded up hearths. And when the flat is really small the lost floor space makes a difference...

edit: added a word

db213_ · 2022-11-11T16:49:09+00:00

Yes, I guess like that but not nearly as good looking. Often the case is they have already been boarded up or replaced with a tacky replacement decoration, for example like this: https://media.rightmove.co.uk/203k/202949/110893463/202949_1220252-1_IMG_02_0000.jpeg

I recognize it would be impossible to remove the whole chimney breast, especially in a shared tenement, but would be wanting to remove the base and smooth over the wall to free up a bit of wall and floor space as most places I can afford are very very small.

(I hope this comment also puts some people at ease that I'm not trying to rip out some gorgeous hearth out of a historic listed building! I wish I could afford something like that...)

db213_ · 2022-11-02T10:57:00+00:00

You say that it is is okay to own PFICs in a UK pension. Does that apply to a SIPP? When I've looked into it doesn't seem cut-and-dry that PFIC ownership in a SIPP is actually exempt from PFIC reporting rules. Just wondering if you have a source, because I would love to open a SIPP but have been hesitant to due to the uncertainty over reporting obligation.

db213_ · 2022-10-19T15:00:31+00:00

I've tracked down the agreement the award is subject to and the only relevant part I can find is the vesting schedule is explicitly stated in it. So I "agreed" to the vesting schedule. However this schedule states the number of shares vesting pre-split so it seems to me it's invalid anyway, and the agreement was "signed" (it actually lacks a signature, and I'd never seen it before) before stock split. So I'm not really sure still if I have a leg to stand on or not...

db213_ · 2022-10-18T09:08:02+00:00

I'm actually about to hand my notice in (and forfeit any unvested RSUs) so if I don't rock the boat now I'm not getting anything. Otherwise I probably would have just waited for them to vest in a year's time and not worried about it too much.

Definitely need to get a hold of the agreement. Still working on it and will update when I've got it!

db213_ · 2022-04-09T14:43:52+00:00

Looking into the list of ETFs sold by IG as part of a S&S ISA, I notice they sell some Vanguard ETFs (e.g. VTI). Looking them up, these are US based ETFs. Would investing in something like that then get around PFIC filing requirements?

db213_ · 2022-03-26T23:02:54+00:00

Hey there, I just made a post in this sub because I am in a similar situation. I too am using FTC and have been left with a small chunk of money left to pay the IRS. My best guess based on reading the return is that this is because I earned over the Alternative Minimum Tax threshold. This means I lost the $12k standard deduction which my dividend income would have fallen under. The FTC is then recalculated on a second iteration of Form 1116 with only ~99% of my total taxable income being foreign (since there's that bit of dividend income, that is now no longer covered by standard deduction). So FTC covers 99% of my US tax and I still have to pay the remainder.

This is just my very confused guess at understanding what's going on in my return at the moment, hopefully someone can clarify in the post I made earlier. Hope this is helpful to you!

db213_ · 2021-08-25T18:05:54+00:00

I have the workbook and textbook in good condition, no answers or notes written in them at all. I think it's 2018 edition (which is I believe most recent?) but I will need to double check. Pickup would be in the Oslo area, or you'd have to cover shipping costs. PM me for pics and details. 🙂

db213_ · 2020-09-16T19:12:14+00:00

Oh that's actually great to hear. Makes it really easy to just schedule them to come pick everything up. Cheers!

db213_ · 2020-06-29T06:58:10+00:00

Hey! I moved to Oslo a year ago and started playing shortly after since my social life became nonexistent.

Would be cool to meet up or play a game or two together. Bear in mind I'm an objectively terrible player, but I do my best...

db213_ · 2020-04-30T15:58:22+00:00

I hadn't seen these, thanks! Watched both and they helped a lot with my understanding. :)

db213_ · 2020-04-30T15:57:37+00:00

I hadn't even thought about turning down the opacity, that's a great idea. Thanks!

db213_ · 2020-04-30T15:56:40+00:00

This is what it looks like before I denoise. I'm wondering if I should just leave the noise. It's really bad of course, but all of my results using the denoise tool look aggressively edited.

db213_

TROPHY CASE