I heard back from my tax guy. I emailed him and said "Can you give me a heads up about how much I'll owe this year." I had estimated and budgeted $1000, but I didn't know because of airbnb and having two jobs. He responded "you're getting money back from the feds and owe the state about $50"
SAY WHAT.
Not only do I NOT owe $1000, I am getting $900 back! This is wonderful! Bill is a miracle worker! He was able to use what I paid for the renovation to lower my income from my rental properties (house and basement) And because I have so much extra withheld it means a refund! I don't think I will change the withholding for next year because we won't have those expenses but will have higher airbnb payments (since we only rented it for 2 months last year. I 'll have to talk to him about how to set myself up well for next year.
So, what to do with the extra $1850? I am going to get a haircut, first. My hair is down to my butt and I want a very short cut-basically Claire Underwood's hair from House of Cards. But I want to go to someone who is good at cutting short hair. Also I haven't had a hair cut in at least 18 months so this is all the justifications I have for spending a lot of money on a hair cut.
The second thing is a new cell phone. My is getting wonky and almost to the point of not working. I have had iPhones (used) the last two times but don't know if I can justify the price.
Dirt for the garden. I was already planning on working that into my budget but now I don't have to.
The rest will go towards the roof/reno costs.
The other big thing that happened this week is that my grandmother passed away. My aunt called me Thursday to say that they tripled Nanny's pain medication because she was in so much pain. Then about 6 hours later she called to tell me that Nanny had passed. So I am going out there April 20-24. I will bring my grandfather's ashes so that Nanny and Papa can be together again.
I am looking forward to spending time with my aunt and uncle and hope that I can be of some comfort to my aunt. I also hope that the estate settling goes smoothly because my aunt is so sensitive and everything is already going to be hard enough.
Room to breathe
April 10th, 2016 at 02:05 pm
April 10th, 2016 at 02:17 pm 1460297840
April 10th, 2016 at 02:33 pm 1460298801
April 10th, 2016 at 04:08 pm 1460304484
I'm sure you are very relieved about income tax, wonderful to get a refund when you anticipated owning sums.
April 10th, 2016 at 05:25 pm 1460309137
April 10th, 2016 at 06:35 pm 1460313314
If your hair is that long and you are going short, have you thought about donating it for cancer wigs?
Enjoy your short hair. What a change!
April 11th, 2016 at 02:46 pm 1460385979
April 12th, 2016 at 02:47 am 1460429268
That is great news about the taxes though! You might want to look at the iPhone SE, it looks like a decently priced model.