BamaAlum02

I'm going on Alabama summer #7 with a 55" Samsung. It hangs on wall on a covered porch.

I have covered it with blankets a couple of times when temps were below freezing for multiple days. I read somewhere that freezing temps were worse than the humidity but I don't cover it consistently for the cold.

Still works perfect. I think I spent about $400 on it and I use it a lot, especially in the fall, so I have gotten my money's worth.

I thought when these guys (like Reid) did a "do not contact" it was because they knew where they were going. But I am hearing Reid mentioned for UGA, BYU and now NC State so it sounds like he's still shopping.

So "do not contact" isn't really a thing?

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3: Reid or Stevenson (one stays, one goes), Allen

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I appreciate Stevenson's effort but I think a change of scenery would probably help both parties. He just hasn't seemed to develop into his potential.

I also really hope Reid doesn't go anywhere. I love his game.

Getting pumped....LFG!!!

Can't blame him after the god-awful games he had to call this past season.

Tell me when you will die and I can tell you when to start taking it.

The actuaries design it to come out even no matter when you take it based on life expectancy.

If you will die before the average life expectancy, better to take it as soon as possible. If you will outlive the average person, defer as long as you can.

To answer your question, I plan to take it as soon as eligible but I'm not really factoring SS into my retirement. I just want it out of the government's hands as soon as possible.

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Also probably losing more than that. I’m taxed on rental income and that’s a lot of taxes

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How are you possible paying tax on this? Rough math, so feel free to correct me.

$1.17M with 20% down at 5% rate would be about $5,025 on a 30 year mortgage. Since you have only owned it 1.5 years, majority of that payment (75%) is going to interest.

$45,225 annual interest expense ($5,025 x 12 x 75%)
$9,300 in taxes and insurance ($5,800 pmt - $5,025 P&I = $775 x 12 months = $9,300)
$42,545 depreciation (assuming no cost seg so over 27.5 years)

$97,070 in expenses
$55,200 in revenue ($4,600/month)

$41,870 loss

Even if my math is off on the loan, your depreciation, insurance and taxes offset almost all of the rental income.

How are you possibly paying tax on this? If done correctly you should be offsetting ordinary or at least passive income. If you can offset ordinary income you could probably make up any cash flow losses with tax savings.

You might need a new CPA if you are paying income tax on this property.

Bought into an existing business after working there for several years. Best decision I ever made.

Florida

*big drop-off*

Alabama

*Grand Canyon sized drop-off*

Everyone else

End up in Indy which is the second-best region for us. Manageable path with a 1 seed we already beat.

I wouldn't complain/