I have zero knowledge of taxes, obviously. I'm with Doug, I hire the experts so I don't have to worry about it. LOL @ "Lee Markholt's accountant." Seriously funny. All I'm trying to imply by name-dropping is that they have probably been working together for over a decade, so I feel like it would be a safe expectation that she might know everything that I require.

It's funny that you are being a little condescending about this when I'm clearly asking questions here to figure it out, not just blindly following along with the procedure.

Fine. I suggest starting by picking up Taxes For Dummies or Freelancing For Dummies and reading through so you get an idea of what the framework is.

You can also use a program like Turbotax to calculate what your taxes would look like in multiple scenarios. Just do your taxes several times and don't hit send.

To be honest, if I were a bank, I wouldn't loan "pro gamblers" money for a house either. I mean, what's the o/u on regular posters in this forum that have successfully played poker for a living for 10+ years. Like 3?

So when you're discussing 30 year mortgages, fuggedaboutit.

If I put 30% down shouldn't you jsut root for me to default and own my house? Hard to imagine you won't come out ahead on the deal

Also this. Turbo tax for business owners is very good. Enter gambling winnings as business income and it's pretty straightforward

What is worse to ask about on online forums? Tax advice or medical advice? Most places I would say medical advice, but with leodoc here, the answer might be tax advice.

Suggestions please:

Do I play local 10/20mix in regular fashion

Take trip to play 20/40 O8 for maximum funz

CDOs and other real estate derivatives definitely change the risk/reward. I mean banks nowadays can't even stomach the risk of loaning a W-2 earner for 30 years, so it's unclear to me how/why they draw the line where they do.

Other note, I was only getting a 15 year. I can't stomach that interest over 30 years.

Depends on what else you'd do with the money.

If interest rates are low relative to {the stock market / Bitcoin / high stakes poker / startung your own business / whatever other investment opportunities are available to you}, you'd do better by borrowing money and investing it elsewhere.

Like if you were truly convinced Bitcoin would triple in 5 years, you'd actually be justified in amassing credit card debt at outrageous interest to buy Bitcoin now.

I've been playing Cepheus a lot - compulsively, actually - and was considering playing/posting another 10 straight matches (1K hands) but I don't want to bore ppl. Yea or nay?

Yeah. I'm about break even over 1k hands. I wish it played faster.

They could pay some 16 y.o. in Croatia $50 to make a better playing experience but, nah.

Think that's called Pokerstars NL5. You still won't win. He/she will play fast.

I say post results. Your dedication to the bot is entertaining to me.

When your playlist has as much **** as mine does, inevitably songs like this get recommended. They should play this in poker rooms.

"I'm On A Roll"

I'm on a roll, I'm hitting every green light
I'm on a roll, I couldn't lose a hand if I tried
I'm on a roll, my ex wants sex tonight
I'm on a roll, I must be doing something right

YAYO

Yeah, that's better and easier but I don't think I can beat nine's results but I'll give it a go. Damn thing has me under it's spell.

As we told gameoverjc, bot has no soul.

The bot owned jc's soul before we left Vegas.

Yay it's Friday!

GG tiger.

Oh good morning.

I should probably stick to tourneys and limit holdem cashgames.

Dude said, "if you pulled that stupid clown **** in a live game, I'd jump over the table and pulverize your skull till you were dead." <3 internet tough guys.

I was playing a very bad limit holdem opponent. He seemed to not have the slightest clue of how to play limit holdem. Then this happened:

button folds, he calls in the small blind, I check 74o.

T83r

checks through

8o

checks through

Jo

he checks, I consider bluffing but decide to check because my hand can actually win a showdown vs his likely limping range. He shows 52s. I win.

Worst thing about being old has to be the gym routine.

Get into work at 9. Work until 6-6:30. So after all that time, one would like to take some time winding down, right?

Nope, drag yourself to the gym immediately after and stay there til 8:30.

Now that I'm trying again, I'm spending 13-14 hours a day out of the condo, and that's a ton of time to not be home.

Move to the West Coast, where it's socially acceptable to show up to work in T-shirt and shorts, and every employer above a certain size has a gym in the building.

Taking a two hour lunch to gamble is still frowned upon, though.

I've done that a handful of times, mainly when I have a meeting at a different site in the afternoon.