Most difficult bill you've ever paid.. - Page 5 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

goodyear · 07-13-2011, 03:49 PM

Quote:

Originally Posted by The Yen Man

It was only difficult in the fact that I went from having a ton of disposable income to basically having none (or I should say none that I was willing to use). I know it's not really gone in that now it's tied up in equity, but I guess I lose the liquidity of it.

I agree with the others about the down payment and having to get use to not having readily savings or disposable income...at least for now

On a side note, I paid the wrong credit card -my HBC card last month but didn't realize it until the card that I always use was declined. HBC said they can't to do a transfer balance because their card is not a regular credit card. They are sending me a cheque but in the meantime, I'm a month behind my normal card and the interest on top of it. On the other hand, I can go ape at Zellers.

FML

pylon · 07-13-2011, 03:49 PM

Quote:

Originally Posted by slcrocket

My daughter was stillborn in November of last year - while it's perfectly reasonable, you certainly don't feel like you should have to pay that hospital bill.

Yeah, that is brutal. Sorry to hear that man.

OilKiller · 07-13-2011, 04:08 PM

Quote:

Originally Posted by Phanuthier

Damn you sure get yourself into a lot of financial problems. I sure hope you learned your lesson(s) and don't lose your house again.

Some my fault, other times, just some bad luck....seriously. I really don't know who I pissed off in a former life.

JiriHrdina · 07-13-2011, 04:08 PM

I went through two years of huge medical costs for my knee problems.

Paying for a private MRI to confirm my knee was shot was a brutal expense. Over the 2 years following I racked up huge costs to try and rehab my knee back to the point I could play sports again. I estimate that I spent over $15K overall on physio, active release therapy and other things.

That sucked hard.

Russic · 07-13-2011, 04:12 PM

Not a ton of money but...

I was given a $200 speeding ticket while driving to the bank to cash a $200 birthday cheque from my grandma.

Shazam · 07-13-2011, 04:13 PM

Quote:

Originally Posted by Russic

Not a ton of money but...

I was given a $200 speeding ticket while driving to the bank to cash a $200 birthday cheque from my grandma.

Whoa, it's like rain on your wedding day.

goodyear · 07-13-2011, 04:16 PM

Quote:

Originally Posted by Shazam

Whoa, it's like rain on your wedding day.

Ironic or bad luck?

Russic · 07-13-2011, 04:21 PM

Quote:

Originally Posted by goodyear

Ironic or bad luck?

Neither. Idiot 17 year old.

blankall · 07-13-2011, 04:24 PM

Quote:

Originally Posted by Sr. Mints

A few years ago, while retired, my mom told me she had a $60,000 tax bill, and I said something like "what the hell have you been doing with your time?" I'm not privy to her finances, but my initial thoughts were that I should be using the guys who handles her investments.

But it was because she sold another house she owned, which she was renting out. Apparently you pay big tax on those when you sell them.

You pay taxes on 50% of capital gains. Assuming no other income, she would have had to have profited about $380,000.00 on the house...actually probably slightly less since you mentinoed she was renting at least one unit. The rental income minus expenses would factor in there too.

bizaro86 · 07-13-2011, 04:28 PM

Quote:

Originally Posted by blankall

You pay taxes on 50% of capital gains. Assuming no other income, she would have had to have profited about $380,000.00 on the house...actually probably slightly less since you mentinoed she was renting at least one unit. The rental income minus expenses would factor in there too.

That's not necessarily true. If the owner of a rental property has been claiming depreciation while they own the property, and they sell it for more than they paid, they have to pay tax on the depreciation they took before. Basically, you get to reduce your rental income by X dollars every year you own it, but you have to pay it all back when you sell. And that money is taxed as income not capital gains. So you could theoretically have no gain on sale, but have a huge tax bill if you've been claiming depreciation for a long time.

return to the red · 07-13-2011, 04:44 PM

writing a cheque for 75,000 to my ex after being married only a year. Not only that but she came into the marriage with nothing and when she left decided to tell me that she never loved me. b!tch

She remarried one year later. Wh0re

But i'm good with it as you can tell.

Kefka · 07-13-2011, 04:45 PM

The bill for putting down my 1st dog. It wasn't even my money but it was ... it was hard.

dissentowner · 07-13-2011, 04:49 PM

Quote:

Originally Posted by Russic

Not a ton of money but...

I was given a $200 speeding ticket while driving to the bank to cash a $200 birthday cheque from my grandma.

I had the same thing on my birthday except it was $40 for ten over. I was doing the ten over too, that isnt a reduction. Everybody else was doing 60 in that 50 zone too but I got nailed. Told the cop it was my birthday and he said "sucks to be you"

Traditional_Ale · 07-13-2011, 04:54 PM

Quote:

Originally Posted by return to the red

writing a cheque for 75,000 to my ex after being married only a year. Not only that but she came into the marriage with nothing and when she left decided to tell me that she never loved me. b!tch

She remarried one year later. Wh0re

But i'm good with it as you can tell.

I take it you were already established in your career and she was not?

GreatWhiteEbola · 07-13-2011, 05:06 PM

$7000 to my criminal defense lawyer.

VladtheImpaler · 07-13-2011, 05:11 PM

Buying a new car. I have a perfectly adequate car now. Now I need a new car because of Impaler Jr. So, I will still have a perfectly adequate car, but will be tens of thousands poorer, since the car is not an asset. It's just a car. I have just a car now. This grinds my gears.

blankall · 07-13-2011, 05:16 PM

Quote:

Originally Posted by GreatWhiteEbola

$7000 to my criminal defense lawyer.

Hopefully he kept you out of jail, which means the $7,000.00 is probably a lot better than the price you would've paid to your new cellmate.

CaptainCrunch · 07-13-2011, 05:19 PM

54 cartons of premium smokes

Or 72 cartons of crappy smoke.

Sliver · 07-13-2011, 05:19 PM

Quote:

Originally Posted by bizaro86

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

I'm self employed and don't pay cpp or ei. There are ways around it but obviously I won't collect a pension when I'm old, either.

Shazam · 07-13-2011, 05:21 PM

Quote:

Originally Posted by Sliver

I'm self employed and don't pay cpp or ei. There are ways around it but obviously I won't collect a pension when I'm old, either.

Self-employed never pay EI.

It's usually worth it to file a T4, even with the CPP.