Gradual release

[kymom99]

Concrete is hard to get right now. We are building a house right now and the forms are set up for the foundation but they can’t get the concrete till end of next week. It’s slowing things down.

 

[barkley]

Concrete is hard to get right now. We are building a house right now and the forms are set up for the foundation but they can’t get the concrete till end of next week. It’s slowing things down.

i can't fathom how much concrete work runs these days. we spent over $7K on a 4 car 'driveway' (just the pad that traditional homes have in front of their garages) about 10 years ago.

 

[kymom99]

i can't fathom how much concrete work runs these days. we spent over $7K on a 4 car 'driveway' (just the pad that traditional homes have in front of their garages) about 10 years ago.

I’m not sure how much per square foot or whatever right now. It’s somewhere in the paperwork. We get so much driveway and sidewalk included in the price of the house but we are adding a smallish patio in the back. That is extra. We are on a large piece of acreage and the rest of the driveway is gravel.

I’ll add the house is a ranch do there’s a lot of concrete involved.

 

[tvguy]

Why are you replying to a question I asked @barkley ? I asked about their remodel. (Just curious! lol!)

See 232 above asking ME, not @barkley this question.

 

[mefordis]

See 232 above asking ME, not @barkley this question.

Oh sorry! @barkley answered me so I got confused and thought I asked THEM, not you. That's what I get for trying to do 10 things at once instead of paying attention. Thanks for clearing up MY confusion!

 

[disneychrista]

budget more than whatever bid you get.

Ain't that the truth. My bathroom remodel started out as 10 - 12k (visual inspection, off the cuff quote) but went to 15-18k once the numbers were crunched. Ended up just over 18k due to a few minor issues along the way.

 

[mefordis]

Ain't that the truth. My bathroom remodel started out as 10 - 12k (visual inspection, off the cuff quote) but went to 15-18k once the numbers were crunched. Ended up just over 18k due to a few minor issues along the way.

Part of me feels like giving up on the entire project for now but our house looks really bad and I hate to do anything to it right now that we later might have to scrap because of a remodel. What we really need is just 2 bedrooms and one bathroom upstairs, and to gut out the existing downstairs bedroom that is in a horrible location. Our architect went crazy and gave us a full second floor with a 3rd bedroom we don't need (I guess resale will be easier, making it a 5 bedroom instead of 4 bedroom.

We have 300k to spend and I'm getting a little depressed knowing it's going to be 100k more and trying to think of ways to make it work.

 

[Mackenzie Click-Mickelson]

That's probably more in line considering the house across the street from us was listed on the builder's website previously for $716K and is quite similar to our house

I stand corrected, just checked the house across the street and it's on the market for $772K and it's still being built

 

[mjkacmom]

i can't fathom how much concrete work runs these days. we spent over $7K on a 4 car 'driveway' (just the pad that traditional homes have in front of their garages) about 10 years ago.

Had our front and side walkways replaced, brick stairs, blacktop driveway, $35,000.

 

[kdonnel]

Yesterday was the big day.

Out of the college apartment, into the young adult house.

Yesterday reaffirms my dislike of moving.

 

[Southernmiss]

Yesterday was the big day.

Out of the college apartment, into the young adult house.

Yesterday reaffirms my dislike of moving.

It's so good and a proud parent moment to see our young adults be successful and take the next steps in life.

 

[barkley]

I’m not sure how much per square foot or whatever right now. It’s somewhere in the paperwork. We get so much driveway and sidewalk included in the price of the house but we are adding a smallish patio in the back. That is extra. We are on a large piece of acreage and the rest of the driveway is gravel.

I’ll add the house is a ranch do there’s a lot of concrete involved.

our actual driveway is gravel as well due to the property size. always a good idea to go ahead and get any extra concrete work done during construction vs. after. we went ahead and enlarged a small area of concrete adjacent to our garage when we had the driveway done-so glad we did b/c it was already there and ready when we later popped for our generac.

Ain't that the truth. My bathroom remodel started out as 10 - 12k (visual inspection, off the cuff quote) but went to 15-18k once the numbers were crunched. Ended up just over 18k due to a few minor issues along the way.

i couldn't believe how expensive shower doors are! i mean i LOVE the ones we got (frameless) but we have a standard size shower not one of those humongous full wall of a bathroom ones so i was shocked at the cost.

 

[ScottOKW2K]

I am keeping her on my health insurance as it does not cost me anything for her to remain but would cost her about $150 a month. The same applies to dental insurance, she will remain on mine since there is no cost associated(I would get no savings if I dropped her as a dependent).

You may want to verify this. My daughter was on my insurance till she turned 26 and I do remember when filing taxes that there would have been an additional cost ( or a penalty, I don't remember which ) if you were covering an adult child's health coverage if their job also provided coverage and they declined to take it. I'm sure there are others on the board that would know more details than I.

 

[disneychrista]

Yesterday reaffirms my dislike of moving.

When I moved into my house I said I’m never moving again. Any home improvements I do, will have this in mind. I bought a low tub. And a high (ADA compliant) toilet when I did my bathroom.

 

[kdonnel]

You may want to verify this. My daughter was on my insurance till she turned 26 and I do remember when filing taxes that there would have been an additional cost ( or a penalty, I don't remember which ) if you were covering an adult child's health coverage if their job also provided coverage and they declined to take it. I'm sure there are others on the board that would know more details than I.

I checked with my dental and vision providers.

The ACA says that adult children can remain covered on their parents health insurance until they reach 26. Most dental and vision providers voluntarily allow for the same.

There was a rule change in 2014 that forbids insurance providers from refusing to provide insurance if the child has access to employer coverage.

https://www.healthinsurance.org/faq...n-on-their-parents-health-plans-until-age-26/

 

[GreatLakes]

About a month after I finished my undergrad degree I packed up everything I owned and moved across the country for a job. My employer paid for the move but every expense was covered by me, it was not a "gradual release". I wasn't even on my parent's insurance. Starting the day I graduated high school I worked full time, including through college, and had health insurance through work which I paid for myself, at least the employee contribution part if there was one.
I wanted to get out of college and start my adult life, not still have one foot in childhood using my parents money.

 

[barkley]

I checked with my dental and vision providers.

The ACA says that adult children can remain covered on their parents health insurance until they reach 26. Most dental and vision providers voluntarily allow for the same.

There was a rule change in 2014 that forbids insurance providers from refusing to provide insurance if the child has access to employer coverage.

https://www.healthinsurance.org/faq...n-on-their-parents-health-plans-until-age-26/

i think the question was regarding tax implications not if coverage has to be provided. if i read that right then i would check with a cpa vs. dental and vision providers for tax advice.

 

[mefordis]

About a month after I finished my undergrad degree I packed up everything I owned and moved across the country for a job. My employer paid for the move but every expense was covered by me, it was not a "gradual release". I wasn't even on my parent's insurance. Starting the day I graduated high school I worked full time, including through college, and had health insurance through work which I paid for myself, at least the employee contribution part if there was one.
I wanted to get out of college and start my adult life, not still have one foot in childhood using my parents money.

My story is similar except I moved out at age 18 and became 100% self sufficient, waiting tables to put myself through school. I graduated with 36k in loans. It was rough, my grades weren't wonderful, it took me a while to graduate, and I lived like a pauper from age 18-28. At 28 I got a great job in IT and my company had an IPO, which allowed me to pay off my student loans and put a down payment on a condo.

Now I have my own kid going off to college and I have to say it's a 180º difference for her. We have the means to help her the entire way. Luckily she knows the meaning of gratitude and I'm hoping she'll be okay despite not having to struggle and make her own way like I did.

 

[kdonnel]

i think the question was regarding tax implications not if coverage has to be provided. if i read that right then i would check with a cpa vs. dental and vision providers for tax advice.

The IRS has ruled way back in 2010 that there is no tax implications if you keep your adult child on your health insurance until age 26.

 

[kymom99]

The IRS has ruled way back in 2010 that there is no tax implications if you keep your adult child on your health insurance until age 26.

Right, the only tax implication is whether or not you have insurance. You can be penalized if you don’t carry any unless you are low income.