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Monday, January 23, 2017

WSOMN CHAT, 23 JAN


gretah wrote 
1h ago
KLS - YOU DON'T WANT TAX PROFESSIONAL CHAT POSTS IN THE FORUM? I DON'T HAVE TO PUT IT THERE. OUR POSTS STAY PRIVATE TO WSOMN MEMBERS IN CHAT BUT ARE AVAILABLE TO THE GENERAL PUBLIC FOR AWHILE WHEN POSTED IN THE FORUM


gretah wrote 
1h ago
KLS- THEN WE WILL LEAVE THE POSTS IN CHAT. I AGREE WITH HATING TO SEE GREAT STUFF ON WSOMN TWISTED WHEN PUT ON OTHER SITES


gretah wrote 
1h ago
ZIPPY - A NOTICE NOT TO POST SEEMS TO GET TEXT ON THE OTHER SITES FASTER


gretah wrote 
1h ago
HOW ABOUT IF I COPY THE TAX STUFF AND THEN YOU FOLKS TELL ME IF YOU WOULD LIKE ME TO PM IT TO YOU?


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KLS wrote 
2h ago
Gretah: If it comes in high...you fly out, pay off mortgage, or find perm residence.
gretah wrote 
2h ago
KLS - GOOD POINT. IF THE ZIM COMES IN HIGH, I WILL PAY TO HAVE MY RELATIVE FLY TO COME GET A NOTE I PURCHASED FOR HER. IF IT COMES IN LOW, I'LL JUST WIRE HER THE FUNDS.




LucyInTheSky wrote 
2h ago
gretah: Just suggestions. Use a bank wire. Open a joint account. Fed Ex/UPS/USPS the note.


gretah wrote 
1h ago
LUCY - YES. SHE WILL FLY BACK TO HER STATE TO EXCHANGE THE ZIM. AND I'LL ASK HER TO DELIVERY SOME DONG NOTES TO ADDITIONAL RELATIVES.
gretah wrote 
1h ago
LUCY - HER HOUSE IS PAID OFF. SHE'S CURRENT ON HER BILLS AND LIVING ON SOC SEC. A TRIP TO SEATTLE WILL BE A TREAT IN ITSELF. I'LL PAY FOR THE TRIP.
LucyInTheSky wrote 
1h ago
gretah: Even if you are in different states, you sign in your state, she signs in her state.




KLS wrote 
1h ago
Gretah: Gift letter now...it doesn't have to be physical note...gift letter most I portent. $10 get letter notarized at one of those UPS stores.



gretah wrote 
1h ago
LUCY - THE NOTES WERE PURCHASED A COUPLE OF YEARS AGO SO ONLY LONG TERM CAPITAL GAINS MAY APPLY. YOU ARE ON TOP OF ALL THIS. ARE YOU AN ACCOUNTANT?
gretah wrote 
1h ago
LUCY- IT WILL BE FUN TO PHONE HER AND TELL HER TO SIT DOWN BEFORE I BREAK THE NEWS. I'LL TELL HER ABOUT THE 200K DONG NOTE I ALSO GOT HER AND HAVE HER SIT AT HER COMPUTER AND LOOK AT XE.COM SHE MAY FAINT AT THAT POINT. LOL



KLS wrote 
1h ago
Gretah: She will need copy of your transaction receipt, for future (IRS audit).


gretah wrote 
1h ago
KLS- YOU ARE RIGHT. A COPY IS ATTACHED TO THE NOTARIZED STATEMENT.



gretah wrote 
1h ago
LUCY - I AGREE. I THINK WE WILL ALL BE AUDITED. THE RV/GCR COULD BE AN OPPORTUNITY FOR TRANSACTIONS BY MONEY LAUNDERERS TO HIDE AMONG OUR LEGITIMATE TRANSACTIONS.


KLS wrote 
1h ago
Lucy: Tax forms for 2017, may ask for support documents.



KLS wrote 
1h ago
Lucy: cheaper than audit for IRS. I think knowing that is the direction we are going...right fiscally responsible?
gretah wrote 
1h ago
LUCY - I PREFER WORKING WITH TAX ATTORNEYS. THE ONES I'VE KNOWN TEND TO BE MUCH BETTER STRATEGISTS. PLUS I HAVE ATTORNEY - CLIENT PRIVILEDGE


KLS wrote 
1h ago
Gretah: Tax attorney only good for gray area audit. And work in collaboration with your certified public accountant, that has alot of expense in tax law.
LucyInTheSky wrote 
1h ago
gretah: JMO, of course. Tax attorneys normally do not compose and file tax returns. I will only use attorneys when necessary. Seasoned accountants are cheaper!! LOL!!


gretah wrote 
1h ago
LUCY - THAT'S GOOD TO KNOW. WHEN I WORKED IN SAN FRANCISCO, SOME OF THE BUSINESSES USED TAX ATTORNEYS FOR TAX AND ADVICE. I WAS VERY IMPRESSED WITH THE STRATEGIES THEY USED


gretah wrote 
1h ago
KLS - SOUNDS LIKE I SHOULD USE A TAX ATTY FOR STRATEGY FOR MY SENIOR HOUSING AND ACCOUNTANTS FOR DAY TO DAY WORK


KLS wrote 
1h ago
Lucy: you are right on! CPA prepares...attorney = advise CPA.


LucyInTheSky wrote 
1h ago
gretah: Gov't can help with low income housing. Prestige Care has wrapped up the market for asst living. Asst living is any age, if mentally ill, disabled.
KLS wrote 
1h ago
Gretah: Any attorney has to have a plan in Front of them, something already penciled out by you estate planner and CPA. Get referral from CPA as to who he works with.


gretah wrote 
1h ago
LUCY - NON-PROFIT IS THE PLAN. YOU KNOW A LOT FOR A STUDENT!
LucyInTheSky wrote 
1h ago
gretah: If you are not going to make $$$$......run your company out of a non-profit.


LucyInTheSky wrote 
1h ago
gretah: Keep in mind during renovation......upgraded building codes since the structure was built. May cost you a mint.


gretah wrote 
1h ago
LUCY - I AGREE. I HAVE A WOMAN STRUCTURAL ENGINEER IN MIND TO HELP WITH THAT


TED1016 wrote 
13m ago
gretah why not post it on the forum?




gretah wrote 
12m ago
SOME PPL DIDN'T WANT IT TO APPEAR ON OTHER DINAR WEBSITES. TEXT POSTED TO FORUM IS MORE PUBLIC SO THE CHANCE OF IT BEING PICKED UP FROM FORUMS IS GREATER.


gretah wrote 
12m ago
SO I TOLD PEOPLE TO LET ME KNOW IF THEY WANTED A COPY VIA PM

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