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02-20-2021, 01:50 PM | #7636 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
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No, it's not the same. When purchasing a stock you should have an expectation of return and the timeline. It's not guaranteed, that's why there's risk but you can use financial data of a company to forecast.
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Posts: 35,703
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02-20-2021, 02:01 PM | #7637 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
But it's an entirely different thing. The goal of a stock is maximize net earnings, suggesting long term growth. The goal of a commodity market is merely to standardize trading. Structurally they cannot continually rise like a stock has the possibility to. |
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Posts: 57,743
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02-20-2021, 02:31 PM | #7638 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Am I reading the home office tax write off stuff correctly. That it only applies to the self employed?
Wife and I have 2 dedicated offices, not bedrooms doubling as offices, but true office spaces. Was hoping there was some type of write off for that based on sq ft. |
Posts: 35,258
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02-20-2021, 02:54 PM | #7639 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
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Posts: 52,239
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02-20-2021, 03:08 PM | #7640 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,743
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02-20-2021, 03:11 PM | #7641 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 35,258
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02-20-2021, 03:13 PM | #7642 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
It did look like there was some tax free reimbursement opportunities if you could pry it out of them. That went away with the Last tax bill. |
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Posts: 57,743
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02-20-2021, 03:16 PM | #7643 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,239
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02-20-2021, 03:19 PM | #7644 | |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Quote:
*I legit expired every possible spelling of impeccable that I could think of before finally Googling that bitch. RIP youth brain |
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Posts: 35,258
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02-20-2021, 03:21 PM | #7645 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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I get why they did it. Made the standard bigger and said all that other crap needs to go. Which as a guy that’s prepared a return I can agree with.
But I can’t believe they didn’t do ANYTHING for the WFH crowd, which affected a ****ton of folks. Now naturally all these employers now that they’ve figured it out are looking at it as the opportunity to eliminate rent expense on the backs of employees. Yay. That’s a joke that there isn’t any tax relief for the WFH crowd. Incredible. |
Posts: 57,743
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02-20-2021, 03:22 PM | #7646 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Posts: 57,743
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02-20-2021, 03:49 PM | #7647 |
Veteran
Join Date: May 2010
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For everyone in CCIV. Bloomberg just announced the deal is almost done and could be announced Tuesday. Stock is about to go crazy Monday.
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Posts: 1,504
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02-20-2021, 03:58 PM | #7648 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Posts: 142,751
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02-20-2021, 04:09 PM | #7649 |
I'll be back.
Join Date: Nov 2002
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Posts: 286,545
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02-20-2021, 04:10 PM | #7650 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
Back when you would get depreciation recapture. I don’t know of anyone that actually depreciated though. EDIT: link. https://www.irs.gov/businesses/small...fice-deduction |
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Posts: 57,743
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