Most difficult bill you've ever paid.. - Page 3 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

Bigtime · 07-13-2011, 01:18 PM

When I paid the cost to be the boss.

Tinordi · 07-13-2011, 01:21 PM

Worst for me is stupidity. Like forgetting to pay the visa and now being on the hook for $120 in interest all for being an idiot.

Table 5 · 07-13-2011, 01:22 PM

Quote:

Originally Posted by Bigtime

When I paid the cost to be the boss.

With the title of Timber King comes great responsibility.

Bigtime · 07-13-2011, 01:25 PM

Quote:

Originally Posted by Table 5

With the title of Timber King comes great responsibility.

And big wood.

Cecil Terwilliger · 07-13-2011, 01:26 PM

Thanks to Attainable Homes Calgary I only had to put down $2k and the other $20k was gifted (thanks taxpayers!). Otherwise I could see how a downpayment would be tough. Seriously though it is a great program for anyone who makes $50-80k and is a first time homebuyer.

bizaro86 · 07-13-2011, 01:26 PM

Quote:

Originally Posted by Suave

In order to pay $50,000 in taxes in Alberta, you would have to make over $162,000.

Is that including CPP/EI contributions? Because a self employed person gets the privilege of making both the employer and employee contributions.

wpgflamesfan · 07-13-2011, 01:42 PM

The bill for our table after a night partying in Monaco. Had an awesome time, but it was tough to take that hit.

afc wimbledon · 07-13-2011, 01:42 PM

The $25 I spent on a marriage license, in retrospect it cost me $200,000 and a damn good dog.

VladtheImpaler · 07-13-2011, 01:46 PM

Quote:

Originally Posted by afc wimbledon

The $25 I spent on a marriage license, in retrospect it cost me $200,000 and a damn good dog.

That's because you are doing it wrong. Always marry above your station. Just keep this pearl of wisdom in mind - you want to be the one being asked to sign the pre-nup...

Locke · 07-13-2011, 01:48 PM

Quote:

Originally Posted by fotze

I have the biggest one right?

Lets say top 25, maybe higher.

Drury18 · 07-13-2011, 01:50 PM

My bill for the divorce lawyer. I basically paid him while I did the legwork and paperwork so he could extend a simple uncontested divorce over 2 years. He was screwing me more then the ex ever did.

VladtheImpaler · 07-13-2011, 02:04 PM

Quote:

Originally Posted by Drury18

My bill for the divorce lawyer. I basically paid him while I did the legwork and paperwork so he could extend a simple uncontested divorce over 2 years. He was screwing me more then the ex ever did.

Those are usually flat-rate $1000 to $1500 afaik. Did you pay by the hour or something?

Regular_John · 07-13-2011, 02:09 PM

2009's $4,600 tax payment hurt. I knew it was coming, and I had the money set aside, and yeah our taxes go towards a lot of good things like months of care for my buddy's daughter whom was 3 months pre-mature, but it still stung at the time.

Drury18 · 07-13-2011, 02:14 PM

It was a flat rate with "extra's" since I don't think he even knew who I was and when I'd call to ask if something had been responded to or filed it resulted in extra admin fee's being tacked on because it was extra work outside of the flat rate.

These "extra's" being filing the actual paperwork (which he held onto for 18 months past the 1 year date of seperation), requesting a copy of my Divorce Decree to be sent to me and requesting a copy of the Statement of Divorce so I had proof to send to different Government Agencies to change my status.

squiggs96 · 07-13-2011, 02:28 PM

How is a downpayment on a house/condo/property difficult? It should be the best thing you bought.

blankall · 07-13-2011, 02:30 PM

Quote:

Originally Posted by fotze

I think he is saying by doing the math you make in the $150k to 200k range, and being in the US its likely more due to the lower tax rate.

Online tax calculator:

http://lsminsurance.ca/calculators/canada/income-tax

Assuming he doesn't live on Nunavat, his income would be in the 150-163k (less if the 50k included CPP and EI contributions) range depending on what province he lived in.

Also, taxes are not necessarily lower in the USA. It depends on what state you live in. In NYC he would pay considerably more taxes.

blankall · 07-13-2011, 02:33 PM

Quote:

Originally Posted by squiggs96

How is a downpayment on a house/condo/property difficult? It should be the best thing you bought.

Agreed. Unlike other payments the money doesn't disappear. It ends up in your equity. In the long run, for the most part, you're always going to get the money back.

The $4,000+ Property Transfer Tax I had to pay in cash when I purchased my condo is another matter entirely.

CaptainCrunch · 07-13-2011, 02:38 PM

I had to write a check to the government for $5000.00 when the company I was working for vanished overnight due to the owner being a drug dealer on the side and not having submitted my taxes.

Plus I was unemployed

Cowboy89 · 07-13-2011, 02:46 PM

Quote:

Originally Posted by Cecil Terwilliger

Thanks to Attainable Homes Calgary I only had to put down $2k and the other $20k was gifted (thanks taxpayers!). Otherwise I could see how a downpayment would be tough. Seriously though it is a great program for anyone who makes $50-80k and is a first time homebuyer.

It's only a 'gift' if house prices decrease, even so the treatment of a 'forgivable' loan means you still pay interest on that factored into your mortgage price. As you probably already know appreciation on the value of your property will be split.

Is saving $22K really that unreasonable to expect of someone to become a homeowner?

Sr. Mints · 07-13-2011, 02:49 PM

Recently, my property taxes two weeks ago. I completely forgot to sign up for the TIPP program. A cheque for $2000 later: ouch, cry, grumble, grumble, bitch...

It's my first home; live and learn. I've since requested the forms for the Tax Installment Payment Plan.

Biggest payment was my condo down payment. After so many years of saving and planning, having to hand over that cheque was stressful and nerve-wracking, but exciting.