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elnimo

Certifiably Surly
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Everything posted by elnimo

  1. Jesus. Is this season gonna be worse than Strong’s second?
  2. How in gods green earth is the AD still employed? If I’m the OSU GC I’m livid. The AD is supposed to protect the university. Also, Urban gives 0 fucks.
  3. So does another McMurphy bomb get dropped in the AM? Or does he play the long game some more and wait for people with info to get pissed at the wrist slap?
  4. All I know is that when they clear Urbie, he better have all of his TPS reports in order because Drake is going to be in his kitchen. The smart thing to do is to take a bullshit suspension for not following procedure to the T and move on. That way everyone is on your side. But Urbie ain't smart. And if Drake gets canned over this, then you better believe the truth is going to come out.
  5. Got a grad degree from Georgetown. It's expensive, DC is expensive, and especially the area around Georgetown is expensive. Flip side is that she's probably in the best place to be for a linguist since all of the embassy's are there as are all of the foreign policy/international think tanks/organizations. If that's her cup of tea, nothing beats being in DC. Also, Ivy league degree always looks nice to the prude elites. I went to Georgetown over U of Florida for my Tax LLM, primarily because DC is the tax haven and Florida is a swamp. They are academically equal in Tax law (only NYU is better), but the 1 year in DC pretty much opened a multitude of doors for me that would have been harder to open from Florida. Still paying Georgetown off. If that's not what she's gunning for, then she should save the tuition money and go somewhere cheaper with a good linguistics department. If she has a good GPA and some hustle, she can still nab summer internships. I'd pick whichever of Michigan or UMas gives the best financial benefit and/or has the better linguistics program. I hear that some state schools give money/scholarships/tuition discounts to out of state kids to go there. Not sure how accurate that is. My cousin got into Georgetown and Ohio State. Went to Ohio State and studied finance because she didn't want to have to compete with the yuppy kids at Georgetown. Made straight A's. Had a summer internship in Madrid, and one at a big name investment bank in NYC. Got an offer from said bank. So it can work out.
  6. Is your parent's home being exchanged under 1031 as well? Because that part of the exchange may not qualify under 1031. 1031(a) says the property needs to be held for "held for productive use in a trade or business or for investment", and "investment" usually doesn't include a residence (unless you are super duper aggressive). They can still "swap" properties, but the transaction may be taxable (although they may be able to exclude the gain under 121). As other posters have said, the related parties rules need to be adhered to. Selling or exchanging (even in a 1031) either property within 2 years (even between the same parties) could result in the original exchange being taxable. With taxes and penalties, that's not a good time. Another thing to watch out for is that there's some guidance from the IRS that suggests that if fair market values of the exchanged properties are not equivalent, then your brother (assuming his property is worth less) may still have taxable gain. IRS has opined that if one property is worth more than another, then the person receiving the property worth more is getting non like-kind property or some sort of other consideration. It's safest for the party(ies) claiming 1031 deferral to make sure that the property being exchanged has equivalent (or close to) fair market "arms-length" value. If the dems take back congress in November, you could see rate hikes. Gain deferral is nice if tax rates go down. Not so much if they go up. Tax rates for both ordinary and cap gains are good right now. Might make sense to pay now rather than kick the bucket down the road. The other part of this that adds hair to the deal is that the house is being leased back to your parents. I don't think it is as concerning for the front end exchange, but it does add some uneasiness to the trade back (i.e., is a lease by your brother to your parents considered a trade or business/investment?). Also need to watch out for a deemed gift if your brother pays less than fair market value for the house. May or may not be a concern. Why doesn't your brother identify property he can use for his vet business and buy that property (deferring gain under 1031) and short-term lease it until he moves forward?
  7. Have some friends in town (Houston) tomorrow (Saturday). Will Gaitlin's or any of the good spots have any meat left around 2pm? Pinkerton's says they are closed this week. They will be getting in after the lunch hour.
  8. Anyone see this news about the dust up with Pogba? http://www.skysports.com/football/news/11667/11473843/manchester-united-rubbish-paul-pogba-jose-mourinho-rift-reports United's PR team is denying it. And now United is blocking Pogba's transfer: https://metro.co.uk/2018/08/16/manchester-united-make-paul-pogba-transfer-decision-stunning-jose-mourinho-bust-7847371/ Potential sacking of Mourinho sacking in the works?
  9. Absolutely correct. Which is why he is in this mess. He didn't think that itthrough. A better response would have been to deflect rather than lie about it. That was the point I was trying to make (and apparently failed at).
  10. I should have put that in quotations. I meant that he wasn't expecting to answer those questions. Frankly it doesn't matter because he should have deflected. Instead, he was an asshole and now he's paying the price.
  11. Maryland is in't a cream puff team. They are a Power 5 conference team. They beat us last year at home. The horns lost to Kansas two years ago. No team should be taken lightly. A win against them on the road sets the tone for the season and will kickoff the Mensa revenge tour. The road to 10 wins starts in College Park.
  12. Urban Meyer screwed himself. He should have punted on the McMurphy question when he got ambushed. Instead he lied about it not realizing that he had a reporting obligation in his contract. He's in deep shit because he didn't Mack Brown his answer. For someone making the kind of money he is, he should have played this smarter. My money is on UM being retained (as I stated earlier in the thread), only because the university will find a lackey to pin this on. They'll find some "reports" on some associate AD's desk that were never pushed up the chain. Said associate AD will become a finance manager at Buckeye Auto Imports because he/she took the fall. Probably get a nice severance (confidential). Wife might get shit canned as well. Not like she needs to work, and they can pin any Title IX issues on her. I personally think that keeping a wife beater on staff and covering up his abuse is a terminable offense for UM and the AD. How is he going to set a good example for the players? For the University? Somebody there should have been thinking about that. Huge stain on OSU, especially in this day an age.
  13. Pleads the fifth. But then incriminates himself. Wish this was in HD. Or maybe not.
  14. One of my all time favorite longhorns.
  15. I wish they'd write a DTVNow app for one of the native smart TV OS's. I hate having to run it through my firestick. I guess I could buy one of the cheap TCL tv's with the roku built in, but I'm classier than that.
  16. Damn, fuck cancer. Will Surly be sending a wreath?
  17. We gotta beat OU Sucks this year. And Tortilla Tech. And Maryland. Shit, that's a 10 win season right there.
  18. Dell has benefited from being private. I think this is the right move for Tesla too. First, Elon's tweets won't get him or the company in trouble. Second, he doesn't have to make his financials public. And third, shorts get the f.u. As long as they make a Model Y, I'll be happy.
  19. I don't think that Elon thinks through the securities law ramifications of his tweets. Which is why he should absolutely take Tesla private.
  20. The pay direct credit card doesn't work. Gives me an error.
  21. http://www.teomexicancafe.com/
  22. Love Amazon fo picking this up and doing the Wheel of Time series.
  23. Man in the high castle is solid. Season three is supposed to drop soon. The Expanse, which is a syfy show but Prime carries the first two seasons. Jack Ryan show looks good.
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