\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Cant stop spending MONEY. Fuck my ass.

$5000 for property taxes this month (6 months). $3,100 fede...
motley infuriating garrison
  04/26/17
what's your take home pay?
razzle-dazzle burgundy abode deer antler
  04/26/17
since I am running half of my expenses through my PC, hard t...
motley infuriating garrison
  04/26/17
let me hold your bar license for a minute to skip pro hac vi...
Big-titted indian lodge fat ankles
  04/26/17
We told you not to buy that shitty condo. You didnt listen
Excitant Stain
  04/26/17
it's a very nice condo. The housing costs are my biggest ex...
motley infuriating garrison
  04/26/17
Have you read mr money mustache blog ever? It seems like you...
Excitant Stain
  04/26/17
my wife's prius was purchased for $0 down and 0% financing. ...
motley infuriating garrison
  04/26/17
why does leasing vs. purchasing matter for deductions?
arousing cumskin library
  04/26/17
no tax masterman, but i imagine its an expense vs capital as...
greedy old irish cottage
  04/26/17
Capital asset I would have to depreciate? Not sure exactly ...
motley infuriating garrison
  04/26/17
i think that's correct. wonder if you can use a 179A accele...
greedy old irish cottage
  04/26/17
i'm not a taxmo, but am skeptical that a professional can de...
sadistic charismatic wagecucks
  04/26/17
CR. i have the same deal from toyota. they extended it to ...
greedy old irish cottage
  04/26/17
You in nyc? If not why buy a condo?
cracking very tactful point
  04/26/17
I did not think I could afford $1.2 million for a house 3 ye...
motley infuriating garrison
  04/26/17
are you beating yourself up for not buying one of those $1.2...
razzle-dazzle burgundy abode deer antler
  04/26/17
yeah, my $800K condo is worth like $950 now. I am exaggerat...
motley infuriating garrison
  04/26/17
do you think California is way overpriced currently? partic...
razzle-dazzle burgundy abode deer antler
  04/26/17
is overpriced but you are not going to see a 30% housing cra...
motley infuriating garrison
  04/26/17
I tend to agree, but I think SF and LA will increase more sl...
razzle-dazzle burgundy abode deer antler
  04/26/17
Lol
milky vibrant cruise ship
  04/26/17
Do you bike or walk to work? That would be a great way to ge...
Excitant Stain
  04/26/17
That would be good - though biking to work in business casua...
motley infuriating garrison
  04/26/17
you're investing in yourself. it'll pay in the end!
arousing cumskin library
  04/26/17
JUST KEEP WHINING ABOUT HAVING SO MUCH FUCKING MONEY
Brindle awkward ceo casino
  04/26/17
http://www.xoxohth.com/thread.php?thread_id=3596691&foru...
Multi-colored location
  04/26/17
cr
motley infuriating garrison
  04/26/17
At least u can deadlift trees bro
Crystalline effete rehab shitlib
  04/26/17
You could be retired in 4-5 years if you had a clue
milky vibrant cruise ship
  04/26/17
involving not getting married and living in my rent stabiliz...
motley infuriating garrison
  04/26/17
why do you have a car payment? straight cash homey
overrated bat shit crazy brunch
  04/26/17
he probably copped dat 1.9% interest rate.
Boyish lodge
  04/26/17
read above. 0% 0 down on wifes car, I am leasing my car a...
motley infuriating garrison
  04/26/17
owning property is 180 but attracts all sorts of expenditure...
Massive cerebral filthpig ladyboy
  04/26/17
GC always wins. We just have to hope hat one day rents in...
motley infuriating garrison
  04/27/17
If you bought a house where maintenance+tax+interest+insuran...
concupiscible goal in life legal warrant
  04/27/17
link to the bed you bought
aquamarine lettuce
  04/27/17
https://www.crateandbarrel.com/tate-tall-upholstered-califor...
motley infuriating garrison
  04/27/17
You could have bought basically the same thing for like $600...
concupiscible goal in life legal warrant
  04/27/17
Actually we went to living spaces to see the $700 equivalent...
motley infuriating garrison
  04/27/17
I don't doubt that you saw something shitty for $700 but you...
concupiscible goal in life legal warrant
  04/27/17
what is your property valued at
aquamarine lettuce
  04/27/17


Poast new message in this thread



Reply Favorite

Date: April 26th, 2017 7:33 PM
Author: motley infuriating garrison

$5000 for property taxes this month (6 months). $3,100 federal income tax ($1,400 back from the state). $1500 to my own law firm to set up my PC. $2000 for that fucking bed I was posting about earlier. $1100 in car payments (wife and me). $3000 mortgage. And that doesn't count food, or utilities or clothes or other fucking wasteful shit burned at the altar of GC.

$20,000 this month.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170228)



Reply Favorite

Date: April 26th, 2017 7:46 PM
Author: razzle-dazzle burgundy abode deer antler

what's your take home pay?

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170331)



Reply Favorite

Date: April 26th, 2017 7:49 PM
Author: motley infuriating garrison

since I am running half of my expenses through my PC, hard to tell. I am paying myself a salary of $160K right now before tax. MY PC will earn $250K in draws before my bonus, which should be $150-200K (hopefully).

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170363)



Reply Favorite

Date: April 26th, 2017 7:34 PM
Author: Big-titted indian lodge fat ankles

let me hold your bar license for a minute to skip pro hac vice cali fees. how's $100/case?

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170239)



Reply Favorite

Date: April 26th, 2017 7:34 PM
Author: Excitant Stain

We told you not to buy that shitty condo. You didnt listen

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170241)



Reply Favorite

Date: April 26th, 2017 7:36 PM
Author: motley infuriating garrison

it's a very nice condo. The housing costs are my biggest expense but are not the thing that is driving me bugshit.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170261)



Reply Favorite

Date: April 26th, 2017 7:39 PM
Author: Excitant Stain

Have you read mr money mustache blog ever? It seems like you could benefit. For instance, making $400k and having car payments is ridiculous. You can get a great memory foam mattress on amazon for $200.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170275)



Reply Favorite

Date: April 26th, 2017 7:43 PM
Author: motley infuriating garrison

my wife's prius was purchased for $0 down and 0% financing. Which is why the payment is pretty big.

I am leasing my car which is necessary to deduct 90% of it as a business expense to my PC.

I bought a crate and barrel bedframe. I've had a mattress and box spring sitting on my floor for the past 5 years.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170307)



Reply Favorite

Date: April 26th, 2017 7:45 PM
Author: arousing cumskin library

why does leasing vs. purchasing matter for deductions?

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170322)



Reply Favorite

Date: April 26th, 2017 7:46 PM
Author: greedy old irish cottage

no tax masterman, but i imagine its an expense vs capital asset expenditure issue

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170330)



Reply Favorite

Date: April 26th, 2017 7:47 PM
Author: motley infuriating garrison

Capital asset I would have to depreciate? Not sure exactly but that is what I was told.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170341)



Reply Favorite

Date: April 26th, 2017 7:48 PM
Author: greedy old irish cottage

i think that's correct. wonder if you can use a 179A accelerated depreciation schedule on a car

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170354)



Reply Favorite

Date: April 26th, 2017 8:01 PM
Author: sadistic charismatic wagecucks

i'm not a taxmo, but am skeptical that a professional can deduct a vehicle?

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170470)



Reply Favorite

Date: April 26th, 2017 7:45 PM
Author: greedy old irish cottage

CR. i have the same deal from toyota. they extended it to CPO models as well. $590/mo or so for 3 years.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170325)



Reply Favorite

Date: April 26th, 2017 7:41 PM
Author: cracking very tactful point

You in nyc? If not why buy a condo?

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170292)



Reply Favorite

Date: April 26th, 2017 7:44 PM
Author: motley infuriating garrison

I did not think I could afford $1.2 million for a house 3 years ago in an area that would not result in a 45 minute commute. Those same houses are $1.8 million now.

I got a lot more space in the condo for my money and a 3-5 minute commute which is priceless.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170318)



Reply Favorite

Date: April 26th, 2017 7:48 PM
Author: razzle-dazzle burgundy abode deer antler

are you beating yourself up for not buying one of those $1.2 mil houses? that's a huge fucking windfall.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170349)



Reply Favorite

Date: April 26th, 2017 7:51 PM
Author: motley infuriating garrison

yeah, my $800K condo is worth like $950 now. I am exaggerating $1.2 to $1.8 but the increase is much higher.

Shit had stalled out now. Crash coming in the next couple of years.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170377)



Reply Favorite

Date: April 26th, 2017 7:52 PM
Author: razzle-dazzle burgundy abode deer antler

do you think California is way overpriced currently? particularly outside of SV?

think of how much better a BIGLAW Bro is in DC, Philly, Boston, Chicago, Texas... even NYC suburbs where stately homes can go for $1 million or under.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170387)



Reply Favorite

Date: April 26th, 2017 7:54 PM
Author: motley infuriating garrison

is overpriced but you are not going to see a 30% housing crash in SF/SV or the decent parts of LA ever.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170407)



Reply Favorite

Date: April 26th, 2017 8:00 PM
Author: razzle-dazzle burgundy abode deer antler

I tend to agree, but I think SF and LA will increase more slowly over the next 5-10 years while other markets (DC, Chicago) rise quicker so there isn't such a huge disparity.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170460)



Reply Favorite

Date: April 26th, 2017 8:48 PM
Author: milky vibrant cruise ship

Lol

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170944)



Reply Favorite

Date: April 26th, 2017 7:54 PM
Author: Excitant Stain

Do you bike or walk to work? That would be a great way to get some exercise and save cash. Share the prius with the wife.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170406)



Reply Favorite

Date: April 26th, 2017 7:56 PM
Author: motley infuriating garrison

That would be good - though biking to work in business casual is not particularly comfortable and it does get pretty hot. If I don't lease a car I cant really take advantage of the PC deduction.

Yes I know - must spend money on the lease to save a portion of it on taxes - heheh

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170418)



Reply Favorite

Date: April 26th, 2017 7:44 PM
Author: arousing cumskin library

you're investing in yourself. it'll pay in the end!

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170312)



Reply Favorite

Date: April 26th, 2017 7:50 PM
Author: Brindle awkward ceo casino

JUST KEEP WHINING ABOUT HAVING SO MUCH FUCKING MONEY

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170365)



Reply Favorite

Date: April 26th, 2017 7:59 PM
Author: Multi-colored location

http://www.xoxohth.com/thread.php?thread_id=3596691&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170446)



Reply Favorite

Date: April 26th, 2017 8:00 PM
Author: motley infuriating garrison

cr

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170457)



Reply Favorite

Date: April 26th, 2017 8:01 PM
Author: Crystalline effete rehab shitlib

At least u can deadlift trees bro

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170464)



Reply Favorite

Date: April 26th, 2017 8:48 PM
Author: milky vibrant cruise ship

You could be retired in 4-5 years if you had a clue

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33170948)



Reply Favorite

Date: April 26th, 2017 11:43 PM
Author: motley infuriating garrison

involving not getting married and living in my rent stabilized apartment forever.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172758)



Reply Favorite

Date: April 26th, 2017 11:44 PM
Author: overrated bat shit crazy brunch

why do you have a car payment? straight cash homey

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172765)



Reply Favorite

Date: April 26th, 2017 11:45 PM
Author: Boyish lodge

he probably copped dat 1.9% interest rate.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172768)



Reply Favorite

Date: April 26th, 2017 11:51 PM
Author: motley infuriating garrison

read above.

0% 0 down on wifes car, I am leasing my car and deducting it as a business expense to get 40% back.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172812)



Reply Favorite

Date: April 26th, 2017 11:48 PM
Author: Massive cerebral filthpig ladyboy

owning property is 180 but attracts all sorts of expenditures like a huge magnet

when i rented a shitty fifth-floor walkup studio in MFH i had trivial expenses bc there wasn't room to put anything and in any event it was too much of a pain to move stuff up and down the stairs

now that i have a house, even as tiny as it is, it's just a constant drain on money: mortgage interest, property tax, garbage collection bill, heating bills, and then the piano that i bought, various powertools that i got bc i now have more space to use them, etc.

i wouldn't be surprised if all this completely cancels out any appreciation on the property

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172791)



Reply Favorite

Date: April 27th, 2017 12:01 AM
Author: motley infuriating garrison

GC always wins.

We just have to hope hat one day rents increase to twice our mortgage before we die and we can look smugly at renters then.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172897)



Reply Favorite

Date: April 27th, 2017 12:04 AM
Author: concupiscible goal in life legal warrant

If you bought a house where maintenance+tax+interest+insurance+mortgage together costs more than what renting an equivalent place would be, you got completely FUCKED. It's supposed to be the other way around to make up for the lack of liquidity.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172937)



Reply Favorite

Date: April 27th, 2017 12:02 AM
Author: aquamarine lettuce

link to the bed you bought

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172922)



Reply Favorite

Date: April 27th, 2017 12:04 AM
Author: motley infuriating garrison

https://www.crateandbarrel.com/tate-tall-upholstered-california-king-bed/s147598

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33172930)



Reply Favorite

Date: April 27th, 2017 12:15 AM
Author: concupiscible goal in life legal warrant

You could have bought basically the same thing for like $600 if you didn't order it from some trendy website at MSRP like a pigeon-brained woman. It's not even as if the premium went to buying "nice" (as in high quality) furniture, you just lit money on fire because you were too lazy to shop around.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33173029)



Reply Favorite

Date: April 27th, 2017 12:34 AM
Author: motley infuriating garrison

Actually we went to living spaces to see the $700 equivalent and the quality was noticeably shittier. Not much available in Cal King.

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33173196)



Reply Favorite

Date: April 27th, 2017 2:32 AM
Author: concupiscible goal in life legal warrant

I don't doubt that you saw something shitty for $700 but you also could have gotten something good for $700. Out of all consumer goods, furniture has one of the biggest (if not the biggest) variations in quality at a given price point. Non-recurring purchase with no price (or even product characteristic) transparency. The exact same item can be $1500 at one store and $3500, often sold under different names so you can't easily price shop online unless you REALLY know what you're doing.

If you buy at MSRP at a big box store, you're automatically buying near the top of the price/value curve (with the only thing worse being some of the smaller stores that actively try to con you and sell stuff at above the effective "MSRP" with the idea that you're going to haggle them down a lot).

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33173980)



Reply Favorite

Date: April 27th, 2017 12:13 AM
Author: aquamarine lettuce

what is your property valued at

(http://www.autoadmit.com/thread.php?thread_id=3596692&forum_id=2#33173018)