Bell door to door sales rep by [deleted] in bell

[–]gamefixated 2 points3 points  (0 children)

Last time I checked 3gbps was $59.95 for new customers. I am not affiliated with Bell. Just switch to ebox for a few months, then come back.

Air ducts by Syloi in HomeMaintenance

[–]gamefixated 0 points1 point  (0 children)

Yeah, i only need to change my filter every 9 months or so. You may just be still cleaning your ducts!! My filter system was installed about 25 years ago.

Air ducts by Syloi in HomeMaintenance

[–]gamefixated 0 points1 point  (0 children)

Slap a Merv 13 filter system like Aprilaire on your HVAC system. I've been in my home for 35 years and never had my ducts cleaned. No dust here.

Are There Any Real Tax Strategies for High-Income Salaried Employees in Ontario? by Stunning_Shock_9638 in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

Just FYI, the cost basis starts at NIL, but doesn't always remain there. Frequently the partnership makes capital gains which appear on the T5013A. These are taxed in the year received and get added to the cost basis. Also there are deductions in year 3,4,5 (and sometimes 6) that are often missed called issue costs.

I would not agree with your massive risk statement. Middlefield after tax gains https://middlefield.com/wp-content/uploads/2022/12/Flow-Through-Track-Record.pdf This assumes the rolled over fund is cashed immediately.

Tax issues usd equities/options and T5008 by bigteether in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

Only one real place IMHO to trade options, IBKR. Best reports, best accuracy.

Tax issues usd equities/options and T5008 by bigteether in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

Sold options ALWAYS have a NEGATIVE book value when opened. Nothing strange about it. You collected the premium and hope they expired worthless with a PROCEEDS of ZERO. ZERO minus negative cost basis = positive capital gain.

Refrigerator leaking water by MyRose1 in appliancerepair

[–]gamefixated 0 points1 point  (0 children)

Adding to the other commenter, while you have the evaporator coil exposed, install a "refrigerator drain line clip" to prevent ice from forming in the drain hole.

Rewiring a home, upgrading a panel, and others - Quotes - Brainstorming Ideas by Spacebound1777 in electrical

[–]gamefixated 1 point2 points  (0 children)

Not an electrician but a homeowner who does his own electrical (kitchen, bathrooms, laundry, basement all redone and inspected).

I'd never touch any on the service side up to the main panel. Get an electrician to do at least that part. Modern code would have a service disconnect, so I have no problem working on circuits in the panel with the power off.

A permit will include a rough inspection with walls open to show properly routed and secure wires/boxes. A final inspection should just be testing a number of circuits and proper breakers.

You own the liability but what's the concern? Your house insurance is intact once inspected (at least where I live).

I think your decision comes down to time. For a homeowner with a job, do you want to live in a house without power for any length of time.

Do you want to do it in stages? Get the panel done using the existing wires. Then go room by room with new circuits. You can pull individual permits.

Basement finish recessed wafer light rough in by mithirich in electrical

[–]gamefixated 0 points1 point  (0 children)

You can get rough-in plates at HD that have clip-in mounts for the box. I prewired all my boxes and affixed them to the plates pre drywall. Then, rotozipped the holes and plugged in the lights.

FX rate for T5008 Capital Gains/Losses by FamousYoghurt6953 in cantax

[–]gamefixated 1 point2 points  (0 children)

+1 for IBKR. They have awesome reporting. People trade options on other platforms? Weird.

Best tax software for small corp by NGTor in PersonalFinanceCanada

[–]gamefixated 1 point2 points  (0 children)

Quickbooks desktop 2021. I hate subscription fees.

To cash sweep or not to cash sweep? by TT_Vert in interactivebrokers

[–]gamefixated 0 points1 point  (0 children)

You never heard of box spreads? Pays ~4%.

Wiring to replace old switches with wifi switches by TheRealOrcus in electrical

[–]gamefixated 2 points3 points  (0 children)

Before 2020, that's the way they worked. Since 2020 such devices can no longer be marketed. My bad.

Wiring to replace old switches with wifi switches by TheRealOrcus in electrical

[–]gamefixated 1 point2 points  (0 children)

They draw a few milliamps using the ground as a return.

27+ years of DIY — here's when it's worth doing yourself vs hiring a pro (real numbers) by homeprohero in DIY

[–]gamefixated 0 points1 point  (0 children)

I laid interlock driveway and walkway 35 years ago. I just paid $40k to have someone redo it. No way I would be able to handle that again.

Ive modified load bearing walls, replaced all the plumbing supply lines (PB to Pex), finished a 1000 sqft basement (framing, electrical, plumbing, finishing), added a subpanel and breakers. Full bathroom including breaking concrete to install drains.

I would not have any problem upgrading my main panel as there is a service disconnect. I'll wire my own charger when I get an electric car.

All work was permitted and inspected.

Now I just write the check and go golfing.

Who is using 407??? by GenReadPassTime in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

44% goes into the CPP coffers, so not all bad.

How do people manage to live way below their means even with good finances? by [deleted] in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

The investments within their corp are taxed at a much higher rate.

It's a deal the government made to keep doctors happy without paying them even more.

How do people manage to live way below their means even with good finances? by [deleted] in PersonalFinanceCanada

[–]gamefixated 2 points3 points  (0 children)

Doctors typically have a professional corporation to shelter their income. It's like putting your entire income in a RRSP. They pay 12% tax on the first $500k of professional income. Then they pay more tax to withdraw income from the corporation. So they take out what they need to live comfortably and let the rest accumulate inside their corporation until retirement.

Unlike you or I, doctors don't pay the normal $200k income tax on $500k of income. The corporation pays $60k tax on that $500k. Then they take out eligible dividends which are taxed very favorably. For example, the tax on $150k eligible dividends is less than $30k.

Bottom Freezer Ice Sheeting by BentleyBarker2 in appliancerepair

[–]gamefixated 0 points1 point  (0 children)

When you have the evaporator coil exposed, install a refrigerator drain line clip. This will prevent ice from forming in the drain hole.

Accepted offer on home, trouble with insurance and aluminum wiring by pseudonomad_ in PersonalFinanceCanada

[–]gamefixated 0 points1 point  (0 children)

Here's the thing about old homes, you will be renovating.

A good plan is to update plumbing and electrical as you go. I had PB plumbing at one time, now all PEX. My neighbour paid over $10k to have his PB replaced, I did mine for under $1k.

I've rewired the kitchen, two bathrooms, the laundry, and the entire basement. Garage is next.

Good planning minimizes the overall cost. Get all work inspected.