Re: [MBZ] Secret message for Dan

2015-02-04 Thread Mountain Man via Mercedes
Dan wrote: We know a former neighbor who was in her foreclosed home for over five years. Attaboy. We all gotta find out how to do that. It won't help my rent, but... mao ___ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Rich Thomas via Mercedes
with five years of no house payments. Dan Sent from my iPad On Feb 2, 2015, at 5:52 PM, Rick Knoble via Mercedes mercedes@okiebenz.com wrote: ‎Original Message From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Andrew Strasfogel via Mercedes
of no house payments. Dan Sent from my iPad On Feb 2, 2015, at 5:52 PM, Rick Knoble via Mercedes mercedes@okiebenz.com wrote: ‎Original Message From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Dan Penoff via Mercedes
I have heard similar stories in that if the properties are foreclosed the true value will appear on their balance sheet, devaluing their assets significantly. There are also procedural issues in some states, Florida being one of those. This isn't the first multi-year foreclosure we know of.

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Andrew Strasfogel via Mercedes
To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message for Dan Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay off my house. Yet - as I get

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Rich Thomas via Mercedes
, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message for Dan Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Dan Penoff via Mercedes
In Florida if the property is foreclosed on and there are residents the sheriff will evict them. Dan Sent from my iPad On Feb 3, 2015, at 10:41 AM, Andrew Strasfogel via Mercedes mercedes@okiebenz.com wrote: There are lots of foreclosed properties even in affluent parts of the DC area.

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Rich Thomas via Mercedes
mailto:mercedes@okiebenz.com wrote: ‎Original Message From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Andrew Strasfogel via Mercedes
: ‎Original Message From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message for Dan

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Scott Ritchey via Mercedes
, this is not unlike the fake financial representations that started the mess in 2008. -Original Message- From: Mercedes [mailto:mercedes-boun...@okiebenz.com] On Behalf Of Dan Penoff via Mercedes Sent: Tuesday, February 03, 2015 5:38 AM To: Mercedes Discussion List Subject: Re: [MBZ] Secret

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Max Dillon via Mercedes
Over $18,000,000,000,000 in debt now. We'll probably be over $20 trillion before the next president takes office. When interest rates normalize (4.5% or more), we will pay around $1 trillion / year in interest, maybe more. I have a hard time seeing how this can continue for the rest of my

Re: [MBZ] Secret message for Dan

2015-02-03 Thread clay via Mercedes
Subject: Re: [MBZ] Secret message for Dan Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay off my house. Yet - as I get older I

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Dan Penoff via Mercedes
True, but I won't be paying the 12% interest on the debt and I'll be getting some benefit (albeit minor) from the tax deduction. Dan Sent from my iPad On Feb 2, 2015, at 6:10 PM, Rich Thomas via Mercedes mercedes@okiebenz.com wrote: You should feel good to support the smart investments

Re: [MBZ] Secret message for Dan

2015-02-03 Thread Dan Penoff via Mercedes
On Feb 2, 2015, at 5:52 PM, Rick Knoble via Mercedes mercedes@okiebenz.com wrote: ‎Original Message From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message for Dan Yabbut the worst part is that things

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Dan Penoff via Mercedes
No shooting. Between having to pop for 18 hours of tuition and a substantial IRS bill that looms in April, I’m hanging on to as much of my disposable income as I can for now. I’m trying to figure out how I’m going to avoid an even larger IRS bill in the future as I lose the youngster’s status

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Curt Raymond via Mercedes
To: Mercedes List mercedes@okiebenz.com Sent: Monday, February 2, 2015 5:14 PM Subject: Re: [MBZ] Secret message for Dan No shooting. Between having to pop for 18 hours of tuition and a substantial IRS bill that looms in April, I’m hanging on to as much of my disposable income as I can for now

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Rick Knoble via Mercedes
‎Original Message   From: Dan Penoff via Mercedes Subject: Re: [MBZ] Secret message for Dan No shooting. snip I’m trying to figure out how I’m going to avoid an even larger IRS bill in the future as I lose the youngster’s status as a dependent and the education credits.  What’s worse

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Dan Penoff via Mercedes
Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay off my house. Yet - as I get older I make more money (I’m not complaining about that, mind you!) I’ve got some credit card balances I’m thinking about taking a second mortgage out

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Rick Knoble via Mercedes
‎Original Message   From: Dan Penoff via Mercedes Sent: Monday, February 2, 2015 4:36 PM To: Mercedes List Reply To: Dan Penoff Subject: Re: [MBZ] Secret message for Dan Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay off my house

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Rich Thomas via Mercedes
You should feel good to support the smart investments that your tax money is used for! If you take out a second mortgage or something like that, rates are very low now (4%) so the interest deduction won't be that much. --R On 2/2/15 5:36 PM, Dan Penoff via Mercedes wrote: Yabbut the worst

Re: [MBZ] Secret message for Dan

2015-02-02 Thread Dwight Giles via Mercedes
Yes i just did that with my mortgage when i finally converted it to fixed from variable rate. On Feb 2, 2015 5:36 PM, Dan Penoff via Mercedes mercedes@okiebenz.com wrote: Yabbut the worst part is that things like mortgage interest, a pretty decent deduction, is trending down as I pay off my