Wednesday, July 13, 2011

Taxes

It was amazingly much easier than I thought it was going to be to request 1098's from both former lending institutions that had my mortgage before they both sold them off. It was a matter of calling them and simply asking, giving a lot of personal information, of course, to identify me but now? 3 business days max and I will have all the 1098's that I need to modify the tax years 2007 - 2010. The modification is necessary to include the house fire carryover which will net me quite a large chunk of change, DEFINITELY worth the effort and even the expense to pay someone or an online thing to make sure it isn't flubbed up and that I get every penny I can out of it. I would like to get this done and turned in before August 3rd, lol.

If you don't know what allegedly will happen on August 3rd, then just read the news, any news, it's all over the place. The U.S. will allegedly default on it's loans and the earth will end, it will just disappear out of sight and we will all cease to exist. That is the kind of hype they are making this sound out to be. Definitely, they are declaring world-wide financial chaos the likes we have never seen if this happens. I don't know, that's all coming from the Obama administration and his ilk and considering his past of the lack of actually imparting the entire truth, well, I simply remain neutral until the day comes and goes and if there is no deal, see what happens.

Basically, I want to take a whole pile of papers to an accountant somewhere, dump it on whoever, let them go over it all and see how much they can eek out for me. If it costs me $500 to get $10,000.00, it's money well spent. I do expect to net at least 10 grand out of it, at least. If it goes like I got for 2007, then there is the potential for up to 18k out of the Feds and State, that is, if they have the money to give me back, lol. I can't even imagine having that much money in the bank. Just sitting there, waiting to be blown in a lavish vacation to the Bahamas or maybe a world tour of all the places I want to see. A 30-day cruise all over the place, who knows!

Okay, that is all a bunch of hooey. I am not going to waste a bunch of money on a temporal and short-lived trip, though it would be awesome if I could! No, it would afford me the opportunity to do some upgrades to my house and still have quite a lot left over after I was done. Or, it might afford me to find a rental property somewhere - go to those property auctions and see what might happen. But you know what? If I could blow 2 grand on a trip to Italy or England and have a lot of money left over in the bank, I would SERIOUSLY consider it.

I have decided against the trailer that the man has now decided to give as a straight across trade. My trailer, actually, is better than that thing. I just didn't realize it until giving it focused thought. I have too much on my mind right now with a lot of different things that are completely unrelated to each other going on.

I uhhh, have so much of that going on right now, I am finding it difficult to even finish this entry.

ben

4 comments:

  1. Thursday

    "Epic congestion" and "Carmageddon". It isn't often that you see national headlines out of the closure of a ---- freeway. But, I've been on the 405 many times, I absolutely abhor that freeway. It's in California, Los Angeles to be more specific is the area that they are shutting down a TEN mile stretch of it to tear down a bridge. Just one more reason I am very glad I do NOT live in California!

    Umm, anyway. The Resolution Mine in Superior, AZ. I have been there now several times. Superior is a washed up ghost town type of thing. In it's hey-day, it was home to a lot of mine workers that worked the mine that used to be there. Pretty much the mine closed down and most of the people left. Not that it became a complete ghost town, but pretty much had that effect on it.

    Of course, the democrats are resisting the land swap needed to make it happen. I have no doubts, whatsoever, that the state and federal government will regulate that mine to the nth degree and force them to make the environmental impact as light as possible. They're talking thousands of jobs.

    As it is, when I go in there, I had to watch a 20 minute safety video. I could not get up on my trailer. I had to wear the full fledged safety equipment: protective glasses; hard-hat; gloves; long pants; reflective vest; steel toed shoes. The safety meeting they had to have before they even unloaded the truck took over half an hour. I'm serious: they are required to have a safety meeting in order to unload a truck and everyone, including the truck driver who is forced to have nothing to do with the unloading of it and stand there watching, has to sign off on it.

    Of course, once you see a picture of the aftermath of one of those giant dump trucks having had run over a Ford F250 pickup with it's occupants inside of it, you start to get a hint why they are so safety-conscious. It was "flat as a pancake". No, they didn't show the blood and gore, I didn't WANT to see that.

    Anyway, I hope the house passes the bill and likewise the senate.

    The 1098 statements from one lender have already arrived via fax machine, just waiting on the other and then I can go in and get this tax business done. Have them look at 2007 taxes and make sure that everything I could get out of it has been wringed out of it and then do the 2008, 2009 and 2010 modifications. Whatever it costs to do all of that will be worth the amount of money I am going to get out of it. Again, just before the federal government closes it's doors and says "we're closed for business", I would like to get that money into my checking account!

    First time in quite a while that there is nothing to do in the truck routing system here at work. I mean, it's been something like 3 weeks since the last time that happened. Makes for an incredibly long day when there is nothing to do. There IS some clean up chores to do, undoubtedly.

    Anyway, work day almost here, gotta get offa here.

    G'day.

    ben

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  2. Hope you have a big windfall Ben!

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  3. What? England? Italy? NOT GERMANY! Shame on you! *pout*

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  4. Thanks, Bobby!

    Dorrie, I am part German! I love the scenery that I have seen both in old movies and in pics I have seen around the internet including your blog of the architectural styles that is to be found in the land you are living in. In reality, there are many countries in Europe I would love to visit. I said England cause' my grandmother was born there; I said Italy because I have several missionary friends that live over there. But Germany would be awesome to see, too!

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After careful consideration, I decided to simply try to take a nap this afternoon for at least an hour, or however long I can get out of it,...