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-   -   Tax refunds (https://www.homemadeturbo.com/general-discussion-6/tax-refunds-87445/)

Dr.Boost 12-30-2007 08:44 PM

Re: Tax refunds
 
Oh god, now 2 million dollars isn't alot of money to you? ::)

I'm done. You've gone too far. :3
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crxmatt2 12-30-2007 08:47 PM

Re: Tax refunds
 
For some reason last year I owed like 50 bucks.. which was mindblowing. I usually get 5-700 back. last year i made around 23k.. this year i'm right at 20k.. I bought a house last year, but I didn't think that would have fucked my refund.

Dr.Boost 12-30-2007 08:48 PM

Re: Tax refunds
 

Originally Posted by crxmatt2
For some reason last year I owed like 50 bucks.. which was mindblowing. I usually get 5-700 back. last year i made around 23k.. this year i'm right at 20k.. I bought a house last year, but I didn't think that would have fucked my refund.

You should be able to write-off the interest you paid on the house. ??? How many dependents are you claiming? Did that change from last year? ???
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jinxy 12-30-2007 08:50 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost
Oh god, now 2 million dollars isn't alot of money to you? ::)

I'm done. You've gone too far. :3

Corporations and individual people are not the same entity. 1-2 million in a business is not a big business. Local restaurants cost that much after all is said and done.

Smith-02 12-30-2007 08:53 PM

Re: Tax refunds
 
this thread makes my balls hurt

Dr.Boost 12-30-2007 08:54 PM

Re: Tax refunds
 

Originally Posted by rawr
Corporations and individual people are not the same entity. 1-2 million in a business is not a big business. Local restaurants cost that much after all is said and done.


Ok, what is the name of your corporation?

If you can prove to me that you have $500 to your name right now I *might* start to listen to what you're saying.
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jinxy 12-30-2007 09:11 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost

Ok, what is the name of your corporation?

search "destruct"
http://www2.sos.state.oh.us/pls/port...ON1.SHOW_PARMS

it's dissolved right now, but it can be refiled at any time.

MustangC. 12-30-2007 09:14 PM

Re: Tax refunds
 
boosty if you think buying a house right now is a good "investment then your mistaken, if you are just arguing that buying a house and paying lets say, 800/mo and owning the place as opposed to paying 800/mo for a rent on someting you dont own is a good idea then your right. buying houses now as an investment is a terrible idea.

Dr.Boost 12-30-2007 09:16 PM

Re: Tax refunds
 

Originally Posted by rawr
search "destruct"
http://www2.sos.state.oh.us/pls/port...ON1.SHOW_PARMS

it's dissolved right now, but it can be refiled at any time.

lol, a clothing store that went out of business over 2 years ago is your big corporation that rakes in million dollar loans? :1 Ok, you got me. :1




Originally Posted by CoreyR
boosty if you think buying a house right now is a good "investment then your mistaken, if you are just arguing that buying a house and paying lets say, 800/mo and owning the place as opposed to paying 800/mo for a rent on someting you dont own is a good idea then your right. buying houses now as an investment is a terrible idea.


So buying a house at the bottom of the market is a bad idea? Hmmm....ok thanks for the info.

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MustangC. 12-30-2007 09:17 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost
lol, a clothing store that went out of business over 2 years ago is your big corporation that rakes in million dollar loans? :1 Ok, you got me. :1




So buying a house at the bottom of the market is a bad idea? Hmmm....ok thanks for the info.

you act like the price of houses are at an all time low?

Dr.Boost 12-30-2007 09:20 PM

Re: Tax refunds
 

Originally Posted by CoreyR
you act like the price of houses are at an all time low?


Ummm....do ya read the paper? News? Anything?

Here housing IS at an all time low. Well, at least in the past 25 years. :S
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jinxy 12-30-2007 09:22 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost
lol, a clothing store that went out of business over 2 years ago is your big corporation that rakes in million dollar loans? :1 Ok, you got me. :1

Clothing manufacture, not really a store, but yes.

MustangC. 12-30-2007 09:33 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost

Ummm....do ya read the paper? News? Anything?

Here housing IS at an all time low. Well, at least in the past 25 years. :S

i just called my aunt who is a real estate agent, she said buying a house now to LIVE in is a good idea because they are lower then they have been in the last 5 years and will go up next year but she said buying one with the idea of making money is a stupid idea and your not going to make anything worthwhile on it. maybe your area is different.

Dr.Boost 12-30-2007 09:38 PM

Re: Tax refunds
 

Originally Posted by CoreyR
i just called my aunt who is a real estate agent, she said buying a house now to LIVE in is a good idea because they are lower then they have been in the last 5 years and will go up next year but she said buying one with the idea of making money is a stupid idea and your not going to make anything worthwhile on it. maybe your area is different.

lol, either way it can't be a bad idea. Also depends on the area. I'm buying to live in, but if/when the time comes to where I can sell and make a ton of money, I will.

You aunt makes money in real estate, right? :6 You just said your aunt said housing is at an all time low right now, but it will go up next year. How can she say that and then say buying right now to make a profit is a bad idea? :1 If I buy now and it goes up next year, I MAKE A PROFIT WHEN I SELL.
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MustangC. 12-30-2007 09:47 PM

Re: Tax refunds
 

Originally Posted by Dr.Boost
lol, either way it can't be a bad idea. Also depends on the area. I'm buying to live in, but if/when the time comes to where I can sell and make a ton of money, I will.

You aunt makes money in real estate, right? :6 You just said your aunt said housing is at an all time low right now, but it will go up next year. How can she say that and then say buying right now to make a profit is a bad idea? :1 If I buy now and it goes up next year, I MAKE A PROFIT WHEN I SELL.

its at a low in comparison to the last 5 years. she said hosuing is down about 20%. 10 years ago houses were about 100K cheaper then they are now when comparing 100K range house. she said in 96 a house that sold for 90K is about 190K now. if you consider making 10-15K on a house a huge profit after owning it for 10 years then you may be right. if you think your gonna buy a house and live in it for a couple years and make 50K not including what youve paid in on it then your mistaken. thats all im saying.

Dr.Boost 12-30-2007 09:53 PM

Re: Tax refunds
 

Originally Posted by CoreyR
its at a low in comparison to the last 5 years. she said hosuing is down about 20%. 10 years ago houses were about 100K cheaper then they are now when comparing 100K range house. she said in 96 a house that sold for 90K is about 190K now. if you consider making 10-15K on a house a huge profit after owning it for 10 years then you may be right. if you think your gonna buy a house and live in it for a couple years and make 50K not including what youve paid in on it then your mistaken. thats all im saying.

It all depends on the area. I've seen it happen here. You can't tell me you know how the industry is going to go in the future. If history is any indication, it will repeat itself. I'm not trying to buy a house and retire a millionaire a month later. ::)

I'm making my housing payment work for me and make me money/equity. Not trying to take over the world here.
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MustangC. 12-30-2007 09:55 PM

Re: Tax refunds
 
if you want to make an investment let me give you a hint, i plan on investing in this tomorrow night. :6

http://www.toponlinegambling.com/ima...tte-wheel1.jpg

CXyD 12-30-2007 11:51 PM

Re: Tax refunds
 
This calculator sucks b/c this piece of ---- got my hopes up and figured out that I will be recieving 15,000 usd back. :o

But the promotional tax program that was mailed to me (also from HR crap) said I was getting $5,000 usd back what a bunch of bull ----

crxmatt2 12-31-2007 12:26 AM

Re: Tax refunds
 

Originally Posted by CoreyR
if you want to make an investment let me give you a hint, i plan on investing in this tomorrow night. :6

http://www.toponlinegambling.com/ima...tte-wheel1.jpg

Take out a 10k loan.. put it all on black.. if u win ur 10k richer.. if u lose, hang yourself

EG-prince 12-31-2007 08:33 PM

Re: Tax refunds
 
Hoping for 2-2.5k being a poor ass, independent, full time student and a single father :1 pretty sure I should get it all back

Smith-02 12-31-2007 10:40 PM

Re: Tax refunds
 
evan you noghole, when did you have a kid..? :1


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