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Surf and Dune

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Posts posted by Surf and Dune

  1. I'm sure we agree about 99% politically, but seems way uncool to start hassling an old lady who is a complete stranger that's minding her own business, no matter what her politics are. (which is none of your business in the first place) 

    • Like 5
  2. I think the demand for old cars will die over the years. I think most car people, when young, put affordable performance at the top of their list. As most of us get older, and make more money, we want the more exotic performance vehicles that were never an option before. Not saying that there won't always be those that put cruising at the top of their list, but will always be secondary. 

    • Like 1
  3. 1 hour ago, In Excess said:

    So I’m not alone in my thoughts, that’s scary.

    I like hp, a little less hp and lightweight works too

     

     I went from a CLK63 Black Series, to a C63 BS to a GT3. The GT3 is just on another level. Not that it fits what the OP is looking for, but not many cars will give you as many smiles per mile!

    20211106_104708.jpg

    • Like 2
  4. I picked these up about a year ago. Basic cruiser style with a little suspension in front, hydraulic brakes etc. I paid about $1,800.00 each, no tax. I think for the money, they are about the best quality, best looking bikes I've seen for the money. 

    20220601_064350 (1).jpg

    • Like 2
  5. 43 minutes ago, Lord of the Dunes said:

    Your advice most definitely makes more sense for John, you and many others. This guy had offices in CA, TX and (FL, I think.) I was surprised he didn't pay himself more, but he really hated paying taxes. At any rate, he was happy to decrease his salary. He also wrote off his trucks, trailer and toys as advertising expenses. I'm sure that saved a lot more money, until he sold off the company to an international corp.  

    I'm not arguing with you, just correcting your assumption that you know what he meant. You really have no idea since you never talked to him. That's very presumptuous, to put it politely.

     All good, I was just adding some food for thought. There's a lot of ways to skin a cat. 

    • Like 3
  6. 1 hour ago, Lord of the Dunes said:

    Really?

    Were you there? How do you know what he wanted? He was talking to me, and the words he used were "I want to reduce my federal taxes", not "I want to keep my payroll expenses down." He didn't care if the company spent more money, he just wanted to reduce his taxes.

    Perhaps the way your company is structured, saving the company money is actually saving you money, which is great. That is not how it worked for him. The more people he hired, the larger his company grew and it's relative value went up. Right up until he sold it for tens of millions.

     Whatever man. I also own my own corporation which pays me a salary. If it makes sense to pay less to the Feds, but spend even more overall by adding an employee then rock on. I'd rather buy some tools/supplies, vehicle, etc for the company than send it to the State. Your mileage may vary. 

    • Like 2
  7. 1 hour ago, Lord of the Dunes said:

    That's all great info. For the HR dept.

    My friend didn't ask how to reduce his company's expenses. That wasn't his goal. He wanted to reduce his personal federal tax bill. I think he also liked the idea of putting some SS money into her SSA account, since she hadn't been employed for the previous 10 yrs.

     

     No, your buddy wanted to save money, I doubt he cared which line item it came from. I'm not arguing that your advice wasn't wise, just saying his overall savings that you are stating are probably about $10,000 a year off which is substantial considering his overall income. 

    • Like 2
  8. Sort of tax related if you live in California. My dad recently became a wholesale car dealer. The total cost of the school, test, license and insurance was around $1200. As a wholesale dealer, he can buy a car, doesn't have to pay sales tax, registration, or smog and you can drive said car that is part of your inventory. Downside is that you cannot sell to a private party, must be a dealer. That said, when the time comes there are plenty of dealers that would handle a sale for a relatively small charge. So do the math. Lets say your fortunate enough to buy a $150,000 luxury / exotic car, you're gonna add another $15,000 to the price plus registration each year after...

  9. 6 hours ago, Lord of the Dunes said:

    This isn't going to eliminate your tax bill, but it might help a little. A long time ago a friend of mine owned his own company and he paid himself $120k/yr. He had a GF who had been with him for 10 yrs so he filed as single and she had no income. I told him to hire her at his company and pay her $40k/yr. Then reduce his pay to $80k/yr. She didn't actually have to do any work, just get her on the payroll and reduce his income to $80k and make sure they file separately.

    This dropped his federal tax bill from 24% of $120K =  $28,800 to 22% of $80k = $17,600. Her tax bill was 12% of $40k = $4,800. Together they paid $22,400, a savings of $6,400 or roughly 22%. Between the 2 of them they still made $120k/yr, but they got to keep $6400 more per yr.

    I know you're married, so this wouldn't work for you, but if you have a kid or couple of kids who you could hire at work, it might help some. 

    My ex-FIL was a master at writing off business expenses. He flew down to MX to meet with clients and chartered a Learjet for 3 days and took his best friend with him. Him and his best friend each got to fly the Learjet for about 15 minutes each. When they landed, he met with the client and the next day he took the client, his best friend and the pilot deep sea fishing for most of the day. They finished up the deal and he wrote off the entire trip as travel expenses. You could do the same with your Glamis trips, write the entire expense as advertising or marketing. 

     

    On a slightly related note, I know a guy who made $6M/yr, but didn't want to pay for his son's college education. He hired a film crew to make a highlight reel of his kid playing football. They mailed out several hundred copies on DVD and his kid got a full scholarship at St Joseph's. He put a down payment on a 4 BR house near campus. He gave it to his kid, who rented the other 3 rooms out, which covered the mortgage. He gave his kid an Escalade, the 4 guys hung out and partied like a posse and when he graduated 4 yrs later, he sold the house and the profit from that was more than his entire tuition would have cost. He came back to San Diego, worked for his father at Met Life and put the house profits down on a house worth about $1.5M at the age of 23. That whole family knew how to work the system.

     

     What about the other costs you need to include when you have an employee? Workmans comp? 

    How Much Does an Employee Cost You?

    By Barbara Weltman on August 22, 2019

    Category: Industry Word

    When you think about adding a new employee to your payroll, determine what the actual financial cost of doing so means to your business.

    When you think about adding a new employee to your payroll, determine what the actual financial cost of doing so means to your business. This includes the dollars and cents over and above the basic wage or salary you agree to pay. There’s a rule of thumb that the cost is typically 1.25 to 1.4 times the salary, depending on certain variables. So, if you pay someone a salary of $35,000, your actual costs likely will range from $43,750 to $49,000. Some added employment costs are mandatory, while others are a little harder to pin down. Fortunately, there may be tax savings to offset some of the costs.

    Mandatory added costs of an employee

    Hiring an employee means considerable payroll tax costs, including:

    • Employer share of FICA (7.65% on compensation up to the annual wage base, which is $132,900 in 2019, plus 1.45% on compensation over the annual wage base).
    • Federal unemployment tax (FUTA) of $42 per employee. The FUTA tax rate is 6%, but most employers can take a FUTA credit of 5.4%, resulting in a mere 0.6%.
    • State unemployment tax, which varies with your state and your claims experience (the more claims made by former employees for unemployment benefits, the higher your state unemployment tax rate will be).

    You can learn more about these costs from the IRS and your state revenue department.

    You also need to address insurance coverage for your employees. This includes:

    • Workers’ compensation. Costs vary from state to state.
    • Other insurance that may be needed for the work performed. For example, if you have a professional firm, you may want or be required to pay for professional liability coverage. Similarly, you may need to have a bond, a type of insurance, for an employee to protect a third party (your customer). For example, a bond may be needed for employees who clean homes so that homeowners’ valuables are protected from employees’ damage or theft.
    • Like 1
  10. 7 hours ago, Rockwood said:

    Where in that question does banning abortions come up? Even on the greater subject of the thread: Roe v. Wade being overturned isn't going to cause nationwide banning of abortions...

    Is anyone who supports keeping abortions not imposing beliefs on others and immune to hyperbole?

     You're focusing too much on my reply to one persons comment that you and I both interpret the meaning of differently. To change the subject, my beef is that republicans lose way too many elections based on this one issue that the far right has decided that its their way or nothing. Nobody that I can tell on this thread has really taken that position but you know they are out there. Its just frustrating that such a small percentage of far right, religious conservative think that imposing their beliefs is worth getting liberal after liberal elected. IMO, the far right is directly responsible for the country going down the crapper the way it is. 

    • Like 1
  11. 8 minutes ago, Rockwood said:

    Who's imposing beliefs on others? Anyone that supports banning abortions of course.  He asked a question that was legitimate and was met with hyperbole that said people have to adopt crackheads (which ironically imposes beliefs on others).  Again, I read his question as hyperbole. 

    And I would think it would change your opinion.  Ever had a friend that worked at a fast food place? They ever want to eat there again? :biggrin:

     

  12. 13 minutes ago, Rockwood said:

    Err.  No.

    "You need to adopt a crack baby because you oppose abortion" is patently ridiculous. There's a lot of things that I oppose and I choose not to do them, doesn't mean I have the right to impose my beliefs on others. Your mileage may vary.  Asking if anyone had experienced abortion, and it having an effect on whether you'd do it or not, isn't. The question was whether anyone "participated" in an abortion. That sounds to me as if he's referring to a nurse, Dr., etc that helped perform an abortion. In other words, the graphic nature might change your opinion. I could be wrong but thats how I read it

    But, in the name of fairness, we'll continue this:

    How many of those supporting have no idea how babies are made?  Would it change their opinion if they were forced to learn how? LOL

     

  13. 28 minutes ago, Rockwood said:

    1. Sick ass straw man. Just because you’re opposed doesn’t mean you have to adopt a crack baby.

    2. Babies are in such short supply that people adopt kids from other countries for tens of thousands of dollars. 

    3. Most of the kids waiting to be adopted are older kids, which would be understandably less, for lack of a better term, desirable. Infant adoption wait list is over a year. 

    In any case, in my case I’m not opposed to abortion, I’m  opposed to Roe vs Wade and national policy being based off of it. If the people of a state decide this is morally apprehensible, I support that. If the people of a state decide they want to abort,  fine. I personally have no need for abortion since I don’t knock up crackbrats (I pull out). 

     My comment was in response to the other "straw man"  question. 

  14. 7 minutes ago, Realbadlarry said:

    This is the same chit the death penalty opponents put up... get in the system... Eff it up so it doesn't work, then scream it costs too much to carry it out... the reason that there are so many kids in foster care and screwed up is because Liberals run the system.........Niece gave her kid up for adoption....best thing that ever happened to the kid... the adoptive parents went thru HELL trying to get him... the SYSTEM wanted him to be part of the system.....

    I'm for the death penalty and could do it quit cheaply. 

  15. 13 minutes ago, ChEFF said:

    Anyone ever participated in an abortion? Will this change the thought's of someone's decision to abort or not to abort? Peace 

    How many of those opposed have adopted unwanted babies? Would it change their opinion if they were forced to adopt someone elses unwanted, and many times drug addicted baby?

    • Like 1
  16. 1 hour ago, NIKAL said:

    Agree that’s why I prefer a egg shell on interior walls vs semi gloss as the egg shell is still washable like Semi gloss, but does not have that shine. Simi is used in the bathrooms where you have a higher moisture level. 
     

    Exterior I have semi on the trim, but flat/ egg shell on the stucco. That keeps the stucco from looking painted, and with the extra additive you can get the water & stain repellant. 

    I'll do eggshell in the kitchen and bathrooms, but satin or flat on walls. 

  17. 14 hours ago, ANGRYBUTTCRACK said:

    My house is WAY overdue for a paint job.. its faded .. badly.. I went from a nice 'brown.. mocha' .. now it's an ugly pink.. paint job is like 15 years old.. I think it cost me $1800-$3000 so I figured it'd be like $6000-$8000 with inflation.

    a Dollar doesn't buy what it used to.. if you have any CASH.. buy something.

    Before it's only worth firewood.

    Money Stacks 100 Dollar Bills On Stock Photo (Edit Now) 1184119747

     

    abc

     

     

    I took off one of my weatherproof outdoor paintings and you can see how much it faded it’s pretty pathetic. I hound a house painter but can't get any one to work.. I don't get it?

    0747D527-78A7-4CF5-9E04-67FBE3F4A3A5.jpeg

    My best friend lives right by you and just had his house painted last week and was happy. I can get his contact if you want. 

  18. 2 hours ago, Squatcher said:

    A few painters have told me they like to use semi-gloss on everything even inside because how good it holds up , I put semi-gloss on the outside of the house and it looks amazing. It also looks new after five or six years . I'll never paint anything outside without using semi-gloss again

    True, semi gloss will "hold up" better, but semi on walls looks looks cheap and apartmenty. 

    • Like 1
  19. There's lots of companies that can repipe your whole house in one day with PEX. Its kind of a trip how little damage is done in most cases. Just a bunch of drywall patches. Copper pipes in slabs are a ticking timebomb. If you are planning on keeping that house for a long time I'd seriously look into repiping it, if not just fix it and cross your fingers. 

  20. 15 hours ago, ROBERT L said:

    So a thread about Will Smith slapping Chris Rock turns into a thread about crappy food trucks.  I’m impressed 

    Careful what you say. One mans crappy food is another's idea of fine dining. 

    • Haha 1

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