Sunday, April 16, 2017

I need some new blogging friends!

I don't have time to blog much but I do love to read blogs....and it seems like all my blogging friends are short on time too!

So....I need to add some new reads to my roll. If you have a  thrifting and reselling blog (or have a favorite one I haven't found yet) please leave me a link so I can add it.

Thanks a million!

Saturday, April 8, 2017

Happy Yard Sale Season!

So I totally didn't plan on going to yard sales until mid May to give me a chance to 1) have my own yard sale and 2) mid May I have a week vacation I plan on using to tame the inventory monster.

This morning a yard sale was advertised and had pictures of rollerblades. My oldest who loves to rollerblade broke his the end of last year. Being that it was 5 minutes away, I took the chance and he and I went over to check it out.

The good news: they were exactly his size. The bad news: she was out of her ever loving mind wanting $15 for a pair of used kids rollerblades. I mean goodness gracious I can go to Walmart and get a pair for $25-30. And she wasn't budging. (I wish I had paid more attention to the advertisement because this is one of the houses I have blacklisted for outrageous prices and only go if I have time but they are always on the bottom of my list). After walking away, she came to me and said she would take $10 (which I still thought was high but more reasonable). So my little buddy got rollerblades and a couple books.

I poked around. She hemmed and hawed over every price (like it was seriously rediculous....you aren't doing me a favor). She wanted $20 for each coat (more on that in a minute) I offered her $39 for both (only because I didn't have an extra dollar).....and it took her several minutes to decide.

I know most yard sales aren't like this but it wasn't a good start.

OK I'm done complaining now. Here's what I got (at a great price)

 This alarm clock is discontinued. Its going on Amazon for $50 (I paid $1)

 And wow was there Harley Davidson stuff. At halfway decent prices too. This is a size XXL mens (big sizes have always sold better for me). It was $20
 Harley shirt $2
 Womens Harley coat $10
 Harley Mens coat $20
Have you ever noticed days of yard saling you find tons of the same thing but none for the rest of the season? I didn't find this at the yard sale today (i bought it 2 years ago) but I found it while cleaning today (it's build a bear and worth less than $10)

I probably won't go out for a few more weeks but it was a good start. I'm hoping for around $100 per jacket would be nice.

Thursday, April 6, 2017

Tax Season....How to Save a Buck....or Not

I absolutely love our CPA from last year. He's super thorough and initially set up our LLC. However, his firm has grown drastically since then (I'm really happy for that) but there is no secretary just several CPAs. Last year our calls and emails were ignored for weeks at a time and given that its a half hour away its not just a head over and ask whats up.Our taxes weren't filed till June or July. It was bad....and super stressful.

So this year we decided for stresses sake to just go to Liberty Tax. They are $30 cheaper than H+R Block. The whole time I got this vibe that I'm not comfortable with them knowing what they are doing. She has to ask her boss who will call me (and when I call him he's extremely rude to me) who then has to call headquarters. Then they tell me I owe federal taxes because of the business and want me to fill out all these extra papers (they sounded suspiciously like bankruptcy papers). This didn't seem right and by now the feeling is overwhelming so I just take my stuff back.

By now H+R Block wants over $500 to do my taxes (they wouldn't honor their initial quote of $350 because I didn't make an appointment on the spot).

So off to Google we go. I went to the one a mile from home with good Google reviews and an A+ BBB rating. They are FANTASTIC. My taxes didn't faze them at all; and they have a guarantee that if it is in by March 24th it will be filed by the due date.

Took 2 weeks. That's it. And the difference in taxes of what the 2 places found was about $3,000. And it was only $350 to file. So saving $20 almost cost us $3,000. My oh my, thank goodness for gut instinct.

Unfortunately we didn't plan well for self employment taxes and do owe money; thankfully it isn't much and a good lesson to plan ahead for next year.

So....moral of the story plan ahead and don't take the easiest option.