Favorite team:Auburn 
Location:THE Football State.
Biography:
Interests:
Occupation:
Number of Posts:46178
Registered on:10/17/2011
Online Status:Not Online

Recent Posts

Message
Up 14% on earnings/dividend announcement I was told by someone on here that any company that issues dividends is telling you not to invest in them. ...
[quote]They just need to tax all income as ordinary after a certain point. No reason warren buffett and mitt romney etc should have a lower tax rate than someone making $500,000 in salary.[/quote] They don’t have a lower effective rate because of lower tax rates on capital gains…...

re: Football Recruiting Thread

Posted by Weagle25 on 4/25/24 at 10:57 am
I’ve been broken and will never have faith in our offense until proven wrong...

re: Football Recruiting Thread

Posted by Weagle25 on 4/23/24 at 1:29 pm
Check in to the recruiting thread and we’re talking about Cam Ward. Right where I left off :lol:...
[quote]Nearly every major non-dividend payer has bought back stock, which is essentially the same logic. agreed, another admission that you have no better way to invest the money.[/quote] Ok so to sum up your thesis so far: 1. Dont invest in dividend payers. 2. Dont invest in nearly every non-d...
[quote]And look no one knows the "real" person behind the usernames, is it maybe possible I am not an expert in this, sure, but maybe I am. Maybe I once reported to Warren Buffett at one of his subsidiary companies and am a CFA who overseas multi billion $ portfolios with an MBA from a top 20 school...
[quote]Berkshire Hathaway's Top Holdings PAY DIVIDENDS. Including by far his largest holding AAPL. Berkshire Collects 2.1 Billion a year in dividends from AAPL,KHC,BAC alone. The S&P 500, Dow Jones, & Nasdaq all pay Dividends (SPY,DOW,QQQ).. Did you not buy NVDA a year ago because it pays a divide...

re: Tax Filing Extension

Posted by Weagle25 on 4/15/24 at 12:31 pm
[quote]With estimated taxes you avoid a penalty if you pay 90% of the current year's final number or 100% of the previous year's tax due whichever is lower by the 15th. It is shorthand for quarterly payers so as long as you pay 100% of the last year's total by the 15th you avoid any penalties but y...

re: Cam interview

Posted by Weagle25 on 4/14/24 at 8:45 pm
[quote]So why hold a belief that is false and casts a shadow over the greatness which is Auburn University and our fanbase?[/quote] Again, I don’t hold a believe that we did it or didn’t do it. I wasn’t there and don’t know what actually happened. [quote]I was fricking following ever single seco...

re: Cam interview

Posted by Weagle25 on 4/13/24 at 6:13 pm
[quote]Yikes. Imagine surrendering to the mob because it was the easy route instead of standing on your own beliefs. [/quote] :lol: 1. What does it matter? What are we fighting for? Cam’s good. Auburn’s good. I’m good. 2. You literally have no clue what happened. Neither do I. And neither ...

re: tax deduction question

Posted by Weagle25 on 4/13/24 at 11:49 am
[quote]Agreed there are fundamental differences [/quote] Well then don’t act like they’re the same thing. [quote] Do you honestly think people should have to pay more taxes if caught in the situation I presented?[/quote] I never argued for or against it. But your argument was they were the...

re: Tax Filing Extension

Posted by Weagle25 on 4/13/24 at 7:41 am
Well then what’s your question? Drafting from your account is very common. ...

re: tax deduction question

Posted by Weagle25 on 4/12/24 at 11:01 pm
[quote]Probably true but why. both have risk[/quote] There’s very clear differences in investing in the stock market and gambling. And if you don’t know them, then you probably don’t need to do either of them. Investing in the stock market is an overall good for society and investors. Gambl...

re: tax deduction question

Posted by Weagle25 on 4/12/24 at 10:53 pm
[quote]Follow up question - would stocks have the same affect as gambling in this situation? [/quote] No. Netted before being included in income. ...

re: Tax Filing Extension

Posted by Weagle25 on 4/12/24 at 10:52 pm
No CPA in the world is going to pay the tax for the client. He probably meant draft it from your account. ...

re: Capital gains questions

Posted by Weagle25 on 4/12/24 at 12:37 am
New capital improvements add to your original basis. Any depreciation you’ve taken as an expense lowers your original basis. When calculating your gain, a portion would be ordinary due to recapturing that depreciation. ...

re: Capital gains questions

Posted by Weagle25 on 4/12/24 at 12:35 am
[quote]Since you've owned the property for several years and you can prove that it is an investment property that will help get you a more favorable capital gains tax rate. Being that you intend to use the funds to pay off a mortgage that may also have less of a tax burden on the gains? [/quote] ...

re: Cam interview

Posted by Weagle25 on 4/11/24 at 6:56 pm
I think it’s more who gives a frick now. Did he gay paid? I have no idea. We won the championship, cleared of everything so who cares now. Easier to just say yeah he got paid and move on. ...

re: Cam interview

Posted by Weagle25 on 4/11/24 at 6:55 pm
I watched both. He’s been pretty consistent that us having 22 seniors was a huge factor in his decision. Plus he viewed Auburn as more talented and he was just trying to get to the NFL. The Relf story is him playing stuff up for entertainment. ...

re: Tax Filing Extension

Posted by Weagle25 on 4/10/24 at 11:04 pm
[quote]BTW, any overpayment of your taxes will just be applied to your 2024 estimate taxes.[/quote] Doesn’t have to. You can still choose to have it refunded. Usually it’s just easier to apply to next year instead of fooling with waiting on the check just to issue another one. Depends how big y...