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Author Topic: Any tax accountants in the house?  (Read 3271 times)

Coleman

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Re: Any tax accountants in the house?
« Reply #25 on: April 03, 2018, 09:25:41 AM »
Here's what I would do, but this is a personal choice:

Take the money. Save the amount for taxes (roughly $7k or so) in a savings account until next spring so you can pay uncle Sam. Buy a $10,000 vehicle for your fiance. You will be a hero, and you still have $3k to spend on yourself.

Also, since you are about to get married...are there wedding expenses/home purchase in your near future? Other things to think about that might mean spending less than $10k on a car. Just food for thought.

MU82

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Re: Any tax accountants in the house?
« Reply #26 on: April 03, 2018, 12:45:42 PM »
Here's what I would do, but this is a personal choice:

Take the money. Save the amount for taxes (roughly $7k or so) in a savings account until next spring so you can pay uncle Sam. Buy a $10,000 vehicle for your fiance. You will be a hero, and you still have $3k to spend on yourself.

Also, since you are about to get married...are there wedding expenses/home purchase in your near future? Other things to think about that might mean spending less than $10k on a car. Just food for thought.

Well, since his wife-to-be already knew about the brand-spankin'-new car and loved it, I have trouble seeing how buying her a $10K hunk of metal would have made him a "hero."

There really was no "wrong" answer to this question ... although I agree with what JJJJJJJJJJ did from a Happy Wife Happy Life standpoint. Some things are worth more than $$$$$.
“It’s not how white men fight.” - Tucker Carlson

Coleman

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Re: Any tax accountants in the house?
« Reply #27 on: April 03, 2018, 12:56:43 PM »
Well, since his wife-to-be already knew about the brand-spankin'-new car and loved it, I have trouble seeing how buying her a $10K hunk of metal would have made him a "hero."

There really was no "wrong" answer to this question ... although I agree with what JJJJJJJJJJ did from a Happy Wife Happy Life standpoint. Some things are worth more than $$$$$.

Before we were married, my wife would have been ecstatic with a $10k car as a gift. Expectations may have changed slightly since we got hitched.

MU82

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Re: Any tax accountants in the house?
« Reply #28 on: April 03, 2018, 01:45:17 PM »
Before we were married, my wife would have been ecstatic with a $10k car as a gift. Expectations may have changed slightly since we got hitched.

Given that the first new car we ever bought cost $7,000 ... yes.
“It’s not how white men fight.” - Tucker Carlson

Herman Cain

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Re: Any tax accountants in the house?
« Reply #29 on: April 03, 2018, 04:10:18 PM »
Thanks for the suggestions and tips all.

I took the car. The fiancé is pretty pumped about it. Turning down the cash was tough, but i made the better long term decision.
Smart Move. In the long term 8000/300 is the key.
The only mystery in life is why the Kamikaze Pilots wore helmets...
            ---Al McGuire

 

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