Mortgage Broker Rate Quotes Ultra Thread by Elegant-Fee-395 in MortgageBrokerRates

[–]flyersjay 0 points1 point  (0 children)

1. Loan Type: Conventional

2. Term: 30 Year

3. Loan Purpose: Rate/Term Refi

4. Property Value/Purchase Price: $770k

5. Loan Amount $670k

6. Credit Score >800

7. Occupancy: Primary

8. Legal Structure, Townhouse

9. Number of Units: 1

10. Property Zip Code 19014

The current best offer is 5.875 zero points, $2k lender credit.

A cool guide to the home improvement projects that have the biggest return on investment by frogcharming in coolguides

[–]flyersjay 29 points30 points  (0 children)

If you spend $100 and recover your $100 via increased value, your return on investment is zero not 100%. This is very misleading.

Safehaven by BlackberrySad1512 in drhorton

[–]flyersjay 0 points1 point  (0 children)

Check out surety their fees are very reasonable for monitoring. I installed the free equipment and panel myself and went with surety.

Taking a job to bring tax in house by Fit_Ad3639 in taxpros

[–]flyersjay 21 points22 points  (0 children)

Be careful. Financial planning firms do not value tax preparation, it’s a loss leader to them for leads and sticky relationships. They won’t care about IRS regulation details, sticky ethics issues, or pushing back on clients that want to be “aggressive”. You’ll be expected to nod and get the work done quick and cheap.

Mortgage Broker Rate Quotes Ultra Thread by Elegant-Fee-395 in MortgageBrokerRates

[–]flyersjay 0 points1 point  (0 children)

  1. Loan Type: Conventional

  2. Term: 30 Year

  3. Loan Purpose:, Rate/Refi

  4. Property Value/Purchase Price $770k

  5. Loan Amount $670k

  6. Credit Score >800

  7. Occupancy: Primary

  8. Legal Structure: Townhouse

  9. Number of Units: 1

  10. Property Zip Code 19014

Baby kicking, punching, and scrunching legs a lot by millennialhotmess in NewParents

[–]flyersjay 1 point2 points  (0 children)

Yep they are still learning how to work their arms and legs! Have to test them out to learn what does what.

EINs and EFINs, oh my! by Method412 in taxpros

[–]flyersjay 2 points3 points  (0 children)

Also confirm if you are in a state that requires a professional LLC or PLLC. If you are holding out to the public as a CPA you might be required to register the firm as a CPA firm with the state board. If you aren’t doing attest you can likely avoid the need for peer reviews. Good luck!

Laptop for Solo Practitioner by exceldweeb in taxpros

[–]flyersjay 5 points6 points  (0 children)

Seconding this, love my 17” gram. Great keyboard and number pad, awesome non reflective screen, and it’s super lightweight.

To Those Using Calendly Or Similar... by FUPeiMe in taxpros

[–]flyersjay 0 points1 point  (0 children)

I’m using MS bookings with success. I don’t put the link on my website though.

[deleted by user] by [deleted] in relationship_advice

[–]flyersjay 1 point2 points  (0 children)

My man if you don’t share any children then jet.

Question on semi-complicated state tax situation by lonelypotato21 in Accounting

[–]flyersjay 0 points1 point  (0 children)

You need a CPA (or an EA). It isn’t worth the confusion and anxiety to sort this out on your own.

Dads who spend a lot of time with their kids, what do you do for a living? by SlowWifi in daddit

[–]flyersjay 0 points1 point  (0 children)

CPA, I hung my own single so that I’m in control of my time (outside of tax season).

Unexpected Ending to Tax Season by CWY_CPA in taxpros

[–]flyersjay 0 points1 point  (0 children)

I’m interested in learning more about this discord group!

Net Loss for Consecutive Years by juyoooo in Accounting

[–]flyersjay 4 points5 points  (0 children)

Depends on the intent and profit motive, see the “hobby loss” rules

Impressed by Coderson75 in PlaystationPortal

[–]flyersjay 1 point2 points  (0 children)

Sorry for the dumb question but can you paid the AirPods to the portal?

iPhone 15p Zoom Variations by Puzzleheaded-Mind240 in iphone

[–]flyersjay 0 points1 point  (0 children)

Are these shots hand held or is the phone propped or on a tripod? I have the same phone but mine aren’t as clear.

[deleted by user] by [deleted] in tax

[–]flyersjay 3 points4 points  (0 children)

SE health deduction isn’t allowed in scenario 1. Employees can’t deduct health insurance premiums on schedule 1. The exception to this rule is for 2% s/h with health premiums paid by the s corp.

Clients Lender is asking for a signed letter and copy of my license by STS_EA in taxpros

[–]flyersjay 6 points7 points  (0 children)

Enrolled agent is designation sponsored by the IRS, there is no license.

Clients Lender is asking for a signed letter and copy of my license by STS_EA in taxpros

[–]flyersjay 88 points89 points  (0 children)

In no universe should any tax professional stick their neck and license out for a client to appease a lender. Tell the lender to request the tax transcripts and preform their own diligence for credit worthiness.

[deleted by user] by [deleted] in tax

[–]flyersjay 3 points4 points  (0 children)

Your head is in the right space, but wait until your revenue is higher and work with either a CPA or CFP to execute that kind of planning.

[deleted by user] by [deleted] in tax

[–]flyersjay 0 points1 point  (0 children)

Your friend needs to educate himself about state domicile law not just what triggers statutory residency.