@seaermine @OhMarie So, it's a way to structure inheritance to avoid the Capital Gains Tax. Basically, the heir (ugh, that word) gets a set disbursement from the family trust at specific intervals. It could be enough to live off of, it could not. It might just be enough to sock away fiendishly / throw in the black dark hole that is your student loans. It is usually under a certain "intra-family tax-free (or -reduced) gifts" cap.
@stuffisthings Compelling ethical reason? No. Compelling logical reason? No. Compelling political reason? Yes. Reforming banks is, for many politicians, writing off a substantial part of their financial support, something they deign not do. Just think of the NRA's efforts to stymie gun control.
@liznieve Which is my way of saying that that was the first indication that the gentlemen being interviewed, while I applaud them for their gusto and following their hearts, are a little misguided.
First of all, all buildings in the entire US of A must abide by a building code. It is called the International Building Code (IBC) and while some renovations may grandfather in an earlier, less stringent code, nevertheless IBC is mandatory everywhere. Especially in parts of colorado that can produce extreme weather. Could you maybe get around some of the residential requirements by illegally declaring its occupancy as some other use? Sure. But there are still codes. Even for a barn.
@wearitcounts I hear you. I recently had A Difficult Conversation with my mom that we had put off (grandma promised to help me with my student loans with a portion of her estate! my portion went to you for tax purposes! it's been 5 years and i havent seen any of it!) and OOOOF. Man, WASPs make confrontation uncomfortable.
@aeroaeroaero Depends though... as also a former waitress, if the managers are really assholes, they will make you pay for those drinks. Even if it's illegal / you threaten to report them to the Department of Labor. Sigh. I do not miss those days.
@Genghis Khat OMG. I would expense that shit so hard, even if expensing wasn't a Thing the company did. Just a massive receipt and a "report" typed up in Word.
@Pim Robert@facebook I suppose the only thing is that buying something with the intention of totally doing something with this later often means nothing gets done and the item is left taking up precious space in your 2 linear feet of closet, and you're out $5 that could have totally bought an iced coffee and a pastry.
@Scarlton Banks I don't think she ever said she was poor.