BigHornRam
Well-known member
Can I interest you in a drawing for a tag that you cannot draw?
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Can I interest you in a drawing for a tag that you cannot draw?
Your points have all been spot on and you have looked deeper into this than I really have or want to. Not sure where we are going with this? I work for a financial firm have for 28 years. I work side by side with a lot of CPA’s that have been in business 30 plus years so I do understand prohibited transactions. Sounds like you are either just super knowledgeable in the area or more likely in the financial or tax world for a career also. Although there are some things in the self directed ira space that my company wouldn’t touch there are self directed ira providers that do. I have seen it done by others (not ultra wealthy) at companies you can contact easily online. Even the non wealthy can stretch the rules if they want to take that risk. I don’t feel like the wealthy get any more opportunities than the rest of us to create wealth. My experience is the more income you have the less things like the Roth IRA are available. I feel like I have had plenty of opportunities to create an income for my family since moving here from Montana 28 years ago with almost nothing. I don’t really care if someone made 5 billion in his Roth and it’s been my experience I haven’t been disadvantaged vs the really wealthy. The ones I have known were either smarter than me, worked a lot more than me or were just flat luckier than me. Who gives a crap? This country has given me more opportunities than I even care to go after. Without getting into the weeds of this Guys transaction I just don’t feel like we all don’t have the same opportunities. I guess if your born into a billionaire family you definitely don’t need to work as hard feels like an endless debate but you made some good points about this specific situation.There are multiple issues related to valuation of the initial stock and self-dealing rules and prohibited transactions under IRC §4795. As long as the IRS is underfunded there probably won't be much enforcement. But if the average person goes to the vast majority of tax attorneys and/or CPAs when starting a business and say that want it to be owned by their Roth IRA the answer is going to be "no way am I touching that transaction".
Lots of weird flexing going on. These new guys make the moose pic guy look humble.you’ve mentioned this before. I think I’ve also read about 22 times that you’re a multimillionaire.
As long as "I" don't have the live there.We want ultra dense human dev in confined areas
There will always be outflow, but I think the ratios for Denver is totally skewed.
For instance I think if you took traffic numbers on for Hamptons/ Jersey Shore combined them then took tunnel west bound numbers, normalized them for population size of the metro, that Denver would have 2x the "exodus factor" that NYC does... same thing with various other Metros.
My biggest gripe living in Denver was that unlike Chicago, NYC, Boston, ect. it has no culture and/or much going on because the culture is beat the crap out of the highway every weekend. Lots of cities have a problem with commuter traffic but I have yet to experience much like I-70 traffic... coming from the Cape to Boston on the 4th is a pretty reasonable experience compared to most weekends in CO.
Guess the campfire better be plenty big before it gets piled too high?PhD = piled higher and deeper.
Which is a product of building around cars. If you build around pedestrian traffic life is waaaay different.That's simply because Denver has essentially ONE route option for getting out of town, and most of Denver's culture now IS "get out of town", and anything within about 5 miles of downtown has become a cesspool.
You or me? I'm fine with it, no yard, no maintenance, cheaper utilities... sounds like a lot more money and time for hunting.As long as "I" don't have the live there.
Huntsville Alabama, #3.Hmmm.....
Found this a few minutes ago!
Thanks, but no thanks.
Boulder #1. The median price of a house in Boulder went from $1 million in March 2020 to over $1.5 million in March 2021. Perhaps #1 if you're in a certain tax bracket.Hmmm.....
Found this a few minutes ago!
Thanks, but no thanks.
Can't imagine living in Boulder. I was there not too long ago.Huntsville Alabama, #3.
lol
I don’t trust any list where Portland, Oregon makes the top 10. Being from NC Raleigh- Durham is not a place I enjoy either. Only reason I go there is if I go to a hurricanes game. How bout you? @WildabeastHmmm.....
Found this a few minutes ago!
Thanks, but no thanks.
Which is a product of building around cars. If you build around pedestrian traffic life is waaaay different.
You or me? I'm fine with it, no yard, no maintenance, cheaper utilities... sounds like a lot more money and time for hunting.
...
If we made a grand bargain as a society and re-wild-ed the burbs and lived all lived in sky scrapers I'd do it. Highspeed rail from Denver to Durango that takes 2hrs, transfer to a bus that dumps people out at various trailheads takes maybe 2hrs. Man, as long as I get to board with a gun and some bloody game bags I'd be happy as a clam. Plus that would save me like 4-6 hours of windshield time.
and if I didn't have to own a car! Utopia right there... I mean it's as farcical as an Ayn Rand novel but that movie plays rent free in my head.
I think this article is relevant to the original discussion in this thread, but I don't want to go back that many pages.
Tl;dr "We built it and (holy s%#@) they came."
Colorado mountain towns say they can’t handle any more tourists amid labor, housing crises
“I believe all of these mountain towns that are being quote-unquote ‘destroyed’ by visitors, they are at a crossroads right now,” said Telluride Tourism boss Michael Martelon. “If they make the right decision, working on sustainability and collaboration, it can make their future forever, and if they make the wrong decision, it will change their future forever.”
I'm conflating the City of with the metro area ofCentral Denver is fantastically walkable (stop-sign-indifferent drivers notwithstanding). I have groceries stores, great restaurants, nice parks, concert venues, museums, the botanic gardens, even decent fishing(!), all a few minutes from my front door.
Despite the issues facing Denver*, my wife and I have had a hard time coming up with a better place to live.
I think Otto is wllm's long lost redneck brother. Ontario is 100% original material.The real question. Does Ontario have another account under the name Otto or does Otto have an account under the name Ontario?