-
Posts
1969 -
Joined
-
Last visited
Content Type
Profiles
Forums
Store
Downloads
Recruiting - 2020
2019-2020 Football Season
Football
Entertainment
Sports
News and Business
Cloak Room
Transfer Portal
Recruiting
Events
Posts posted by hornmpa96
-
-
6 minutes ago, Mitch Hedberg said:
No doubt there have been budgetary constraints. But the Moneyball A’s say hello. Not looking for starters or all stars but there are bats out there. Profar signed for a million dollars and might be Padres MVP. Bligh Madris and these other guys that have never been successful have given just what was to be expected. I don’t know. Maybe he’s done all he could. Just terrible to have World Series expectations and a 6-9 and bench like we have. If you’re gonna be a bear be a grizzly bear.
Agree and am hoping that the Astros will be more aggressive this offseason in finding a couple of bench bats. Every spot on the 26/40 man rosters should be utilized to its full potential and frankly this team has been taking getting to the playoffs for granted for the last 2 years.
-
2
-
-
1 minute ago, Mitch Hedberg said:
The person who deserves as much blame or more for us having this shitty bench and bottom of the order is Dana after him being here for two years. It’s not like we’re missing 7 position players. Abreu sucked and Tucker is hurt but beyond that we have a bunch of jags who could and should have been replaced long ago.
I agree with some of this but how much is on Crane and his budget?
He signed Abreu and Montero and has decided that he wants to keep salary expense below a certain number.
That may be partially responsible for all of the Dumpster Diving that Dana has done. Some of it has worked in the bullpen.
-
3 minutes ago, tx 3 putt said:
This is a dumb fucking tweet. The Astros GM and staff should look at every player who is DFA’d and ask if that player is a better alternative than the current roster.
Sportswriters, sports radio hosts, etc can be absolute morons.
-
1
-
1
-
-
I want to bitch about the lineup but - If Bergman needs to DH and Altuve needs a day off, then what else can Espada do?
Arguably Singleton may be a better hitter against RHP than Caratini but it’s close.
Chas shouldn’t play for the rest of the year. he’s become a lazy defensive outfielder and is terrible at the plate. Too much banana pudding! However, the options to play instead of Chas suck as well.
The last 4/5 roster spots used for hitters on the 26 man are just terrible. Dana better go to work in the offseason.
-
1
-
-
It was obvious that Clemens was not someone to be admired when he threw his wife under the bus during the steroid investigation. After this, I’ve been consistently annoyed that we allow him on sidelines, etc.
-
5
-
3
-
-
1 hour ago, horn4life said:
So we can depreciate, for however many years on the $400K (in my example) to offset my father’s income from required minimum distributions.
Just to clarify something on this point - If your father generates a tax loss from the rental activity, he will have to work through the passive activity loss rules to ensure it’s deductible as I’m assuming he’s not a real estate professional.
Look at IRS Publication 925 which explains those rules.
-
1
-
-
1 minute ago, horn4life said:
Mom is dying, Dad is surviving. House is NOT yet a rental, but that is the plan going forward.
My interest in the stepped up basis is to determine what the depreciable valua of the home is when it begins renting.
I am not concetrned about the capital gains, but what would be the highest value to start the depreciation expense of his propery at? His taxes are going to go up, because he has moved to assisted living near me.
So like in original example House built for $200K - current actual value is $600K. If they started renting the house before either spouse died the depreciable cost basis would be the $200K build cost (plus improvements). However, if one souse dies, the depreciable cost basis would become $400K? The $200K build cost, plus the $200K step up in value from the deceased spouse. So then the remaining $200K in value that is not included in the cost bases is the $200K of appreciation that is not stepped up of the surviving spouse? Correct?
So let's assume I make the property a successful rental for arguments sake. For the years when my father is alive and the owner the depreciation cost basis will be the $400K. Once my father passes the property will flow through to my sister and I as we are already on the deed. At THAT POINT in time after my Father passes we would would get an appraisal to determine the value of the property fully stepped up. Then my sister and I would restart the depreciation anew with the new higher value, say $600K if I used my mathematical example above.
Hope this is clear what I am trying to say. I am just trying to make sure the math I am using to forecast the future accurately includes the all important depreciation correctly.
That’s correct. Your dad’s basis for depreciation purposes will be 400k in your example. When you and your sister inherit the house, your basis for depreciation will be the fair market value at the time of inheritance.
-
1
-
-
JAKE!!!
-
He needs to start against RHP.
-
1
-
-
2 hours ago, horn4life said:
So my mom is about to pass away, and I thought I read somewhere that in Texas the homestead value steps up to the current market value. To basically eliminate any potential capital gain up to the point of the spouses death. IS this correct? I think Texas is unique in this aspect.
The reason i ask is that if that is the case and we rent my father's remodeled home, then I can use the stepped up cost value at my mother's death to depreciate from? Example: built home for $200K, today house is worth $600K and mom passes. That $600K value rather than the $200K build price is the basis from which I calculate the depreciation.
If so then he could show paper losses with the depreciation, that could offset some of his forced withdrawal income. Anyhow too tired to research this so I ask you fine folks instead.
Thanks in advance
I’m not exactly sure of what’s being asked here.
Assuming the house is owned jointly, the surviving spouse should receive a step-up in basis for the 50% of the house received from the estate for federal income tax purposes. This happens through the federal estate tax law.
The stepped-up basis is only useful for federal income tax purposes if the property is a rental or is sold.
Also it should be noted that there are some potential limitations to utilizing a tax loss from rental activity. The owner may need to satisfy the active or material participation rules to deduct the loss.
The homestead exemption is a Texas property tax concept and the 65-over exemption can be utilized by a younger surviving spouse.
-
1
-
-
It’s really a shame to see that group of assholes struggling with this. They had a chance to be completely free from Trump after January 6 and lacked the courage. 90% of the R Senators would tell you behind closed doors that Trump has no business being anywhere close to the White House.
-
3
-
1
-
1
-
1
-
1
-
-
3 hours ago, Eskimohorn said:
thats exactly his strategy. He uses a variety of schemes (legal, creative, and illegal) to lose personal revenue, funnel and launder money, and still live in luxuryDon’t give him too much credit. He went bankrupt running a casino. That’s not a strategy that actual smart people use.
-
1
-
-
Time to start looking through game cam photos!
-
3
-
4
-
1
-
-
16 hours ago, Brandywine said:
Every time I hear someone say Trump’s only policy is to give billionaires huge tax breaks. And they should add - which includes him. He’s only running so he can make millions in unpaid taxes.
You don’t pay taxes if every business venture you start loses money.
-
4
-
1
-
-
HEB commercials with 3 injured Astros suck.
-
1
-
-
24 minutes ago, Deej said:
Nutria?
Nutria sausage
-
3 hours ago, The Royal We said:
I wondered the same thing. Maybe they have to provide contact information for their landlords for the the last 24 months and they have to sign off that the rent was paid on time?
I just know that 90% of my tenants are late more than they are on time. On time being before the 10th every month.
I’m guessing if the late payment isn’t reported to a credit agency then they will qualify.
-
40 lb bags of corn should go in the Enshittening Thread - I want 50 lb bags.
My son and I are heading out to the ranch tonight to fix some wildlife water troughs, setup cameras and practice shooting my bow at distance.
-
4
-
-
Mace and her current views can be directly traced back to the changes related to redistricting. Her district became more rural and red and she has changed her views to keep her seat. She had to defeat a Trump supported challenger in the 22 primary.
Im guessing that she actually needs to keep up the grift and government checks to maintain her lifestyle. Her only focus is staying in office.
-
2
-
2
-
-
1 minute ago, UncleBuck said:
How about with red beans and rice? I made red beans and rice last weekend and all I could think was how good it'd be with some potato salad. Next time I'm thinking about ditching the rice and just picking up some mustard potato salad from HEB and going with it.
She would never put potato salad in red beans.
-
1 hour ago, ROFL BOX said:
I'm gonna do my best to ignore this "pour over potato salad" heresy.
😕🙈🥴🤯😯
My Cajun wife would cut you if she heard this. She refuses to eat gumbo without potato salad. It’s definitely a thing in Southern Louisiana.
-
1
-
1
-
-
5 minutes ago, jimmyjazz said:
I get that they buy them . . . do they not heat them up? Gah Torchy's is a beating.
I think they pull tortillas from the walk-in and put them straight in the plastic basket. Those tortillas have never seen the flattop grill.
-
1
-
-
Isn’t the real answer - all insurance companies are terrible unless you are paying for the privilege of being with one of the carriers that caters to high net-worth customers?
State Farm/Allstate/USAA are all the same.
I need to start following Charlie Munger’s advice: “If you can afford to pay for repairs/issues out-of-pocket, self-insure and invest the amounts that you would have paid from premiums in the market.”
-
2 minutes ago, BurntOrange&White said:
For $8
With terrible gummy flour tortillas
-
2
-
1
-
2
-
2
-
Houston Astros 2024 Season Thread
in Baseball
Posted