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<p>[QUOTE="Anonymous, post: 5388619"]"Sounds great except for a few tiny tiny issues. Differential and Integral calculus aren't usually done on a spreadsheet. By law, you are not allowed to live in, or use for vacation a property that has been purchased through a self-directed IRA. I'm pretty sure it's also against the law to buy a new refrigerator and install it in your private residence, yet write it off on the rental property. You are not allowed to borrow money from a self-directed IRA to purchase a car without paying a 10% penalty. Only hardships, education, and medical bills exceeding 7.5% of AGI are allowable exceptions. I won't call you an idiot like others did. Your text speaks for itself."</p><p><br /></p><p>___________________________</p><p><br /></p><p>You being so anally retentive, you have certainly found a home at Merck. I am sure that you have all the policies memorized by chapter and verse. And can quote them all. I have worked with people like you. They annoy others. </p><p><br /></p><p>But I will address your questions of tiny issues.</p><p><br /></p><p>When I referred to calculus and spreadsheets, it was simply to illustrate a comparison of something simple versus complex. </p><p><br /></p><p>With the potential vacation property and other write offs to rental property, it is all a matter of proper documentation. Should I buy the vacation property, when I am there a check and a rental contract will exist from a family member with another name, such as an in law. I have a receipt for a refrigerator along with all the other receipts for the properties in a rather extensive file. </p><p><br /></p><p>Didn’t write I borrow or withdraw money from the IRA to finance a car. I wrote I could use the assets for collateral. That is a result from a financial relationship with my banker. Personally, I don’t buy a car without paying cash. To borrow money from the Merck 401k, one must deal with an unknown person on the phone. </p><p><br /></p><p>Sometimes, I also put my garbage at the curb a few hours before I am supposed to, and don’t turn off all electronics before takeoff. If it is safe, I have also been known to exceed the speed limit. </p><p><br /></p><p>I think it is wonderful that some people are satisfied with what Merck gives them and accepts it without question. After all, it is what Merck teaches. </p><p><br /></p><p>Now go study some more Merck policies, because as you know, “ failure to comply could result…..” blah, blah, blah.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5388619"]"Sounds great except for a few tiny tiny issues. Differential and Integral calculus aren't usually done on a spreadsheet. By law, you are not allowed to live in, or use for vacation a property that has been purchased through a self-directed IRA. I'm pretty sure it's also against the law to buy a new refrigerator and install it in your private residence, yet write it off on the rental property. You are not allowed to borrow money from a self-directed IRA to purchase a car without paying a 10% penalty. Only hardships, education, and medical bills exceeding 7.5% of AGI are allowable exceptions. I won't call you an idiot like others did. Your text speaks for itself." ___________________________ You being so anally retentive, you have certainly found a home at Merck. I am sure that you have all the policies memorized by chapter and verse. And can quote them all. I have worked with people like you. They annoy others. But I will address your questions of tiny issues. When I referred to calculus and spreadsheets, it was simply to illustrate a comparison of something simple versus complex. With the potential vacation property and other write offs to rental property, it is all a matter of proper documentation. Should I buy the vacation property, when I am there a check and a rental contract will exist from a family member with another name, such as an in law. I have a receipt for a refrigerator along with all the other receipts for the properties in a rather extensive file. Didn’t write I borrow or withdraw money from the IRA to finance a car. I wrote I could use the assets for collateral. That is a result from a financial relationship with my banker. Personally, I don’t buy a car without paying cash. To borrow money from the Merck 401k, one must deal with an unknown person on the phone. Sometimes, I also put my garbage at the curb a few hours before I am supposed to, and don’t turn off all electronics before takeoff. If it is safe, I have also been known to exceed the speed limit. I think it is wonderful that some people are satisfied with what Merck gives them and accepts it without question. After all, it is what Merck teaches. Now go study some more Merck policies, because as you know, “ failure to comply could result…..” blah, blah, blah.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Merck
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401k
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Merck
>
401k
>