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Here is a link to the IRS for guidelines on what qualifies as a home office deduction.http://www.irs.gov/businesses/display/0,,i1%3D2%26genericId%3D20171,00.html Tripack here is Pub 587 it is in PDF format for home office deductions. Page 11 should give you your answer. What I was thinking...

I saw the six months somewhere, but to further clarify what I found, you can use 730 days over a five year period as the test. So, the point is that it does not have to be CONTINUOUS residency, but it does have to be your PRIMARY residence to exclude the gain. So if you were active military...

179 is an often overlooked deduction that may help some of you save some bucks. Here's how it works, normally if you buy assets for your business, a computer, monitor, desk, chair, corvette, wet, bar, etc they must be depreciated over the asset life of the property. What Sec 179 lets you do...

The two out of five is to classify the property as a primary residence. So as of the date of sale, the property must have been occupied by you/your family as a primary residence in 2 of the preceding five years. The exclusion is 250K for singles and 500 K for couples. Tripack, unfortunately...

As always do what you want with your taxes, but if you use your home as a home and an office, and you sell the property, as far as I can see the sale is treated as two separate sales. One is the sale of the home, and the second is the sale of the office, where the depreciation is recaptured...

Hey Don, welcome back. Hope you're doing well!!:) For self employed traders it is well worth looking at the Medical Savings Account Rules. The rub like everything is are you self employed and a trader, but that aside. It looks like 60% of your premiums are deductible, not subject to 7.5%...

There is no doubt in my mind that it is more profitable to sell "something" than it is to use it, or why sell it? About a year ago I went to a local guys seminar, stock splits, rolling stocks, covered calls, basic Wade Cook stuff. There were probably 50 people in the room at $400 a pop, (well...

It just seems to me that Testimonials and Audited Financial statements are two separate things. I see the testimonials, am I missing the Audited Financials??

Here's what I think, this is the second website that I have been on today that said about the same thing. If it really worked never in a million years would they be selling it for $3,000. Second, trading 15 futures markets at the same time does not seem like the most workable strategy for...

I have noticed this since about Friday? It is on random threads. I am running Win 98 with IE, the older version 5 something I think. Thanks

Actually, the post where Shortee references Barrons seems closer to what I remember than the Spoofing piece. It seems they were using a computer to identify opportunities. And I am not sure if it was a question of legality as much as it was the option market makers wanting the practice banned...

Thug's example was a good one, however there are a few items to consider: 1. If they were long the option they held the time decay risk and had to buy at some point for less than .19. 2. If they went short at .19 then they hold the event risk and have to cover at less than .19. Which I...

I seem to remember the article as taking advantage of price discrepancies, but they could have been spoofing as the rest of the article looks pretty familiar. But even with this, I find it a little hard to get weepy for the MMs. There are probably 20 times where they have backed away from...

I checked earlier on WSJ.com, but that only goes back about 30 days. They do have a premium search that goes back a little further. I am fairly certain WSJ published the article, but I also get Barrons which would be my next guess followed by IBD. If I get caught up on my taxes I will do a...

Well, I wish you the best, if for no other reason when my book is published I want to include a chapter called Option Market Makers are Crooks. But don't look for it anytime soon, need to be bankrupt before I start doling out advice. It used to be that Bloomberg.com had a most active options...

Bvam, I hope you can find a way to make money and I don't want to discourage you. But if you read my prior post especially the part about a bazillion (lots more than a million billion) contracts on the bid/ask, you are not stepping in front of anyone (scalping) you are sitting in a queue...

I tried something similar for about a month, and it is one of those things that for me seemed better on paper than in practice. Although don't let my negativity or lack of skill discourage anyone. Other than the rule prohibiting being on the bid and ask at the same time, which is reason...

Actually I run Norton, Utilities, Anti Virus, and FireWall and have been very happy with it. I usually get several hits a day on my Firewall, so that alone is worth it. Here is what happened though, and I am just guessing it was a virus. I was downloading my charts and left for a while...

For $300 bucks that seems like a decent deal, especially if you have kids that could use it. But then I seem some flyers from the retailers where you could go new for just a little more, without the potential compatibility issues. I picked up a virus about 2 weeks back, spent about 18 hours...

Ebay is a good idea, do they have a Level II platform..:cool: You may find that there is a local shop that can build it to specs a little cheaper than Comp USA or BB. I know here, Raleigh one of my friends brother here does that as a business. The thing I fear most at Comp USA is the...