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living out of my car in florida... living out of my car in florida...

02-12-2011 , 11:33 AM
Any talk of writing off means you have to file as a professional gambler and with that you get to net your total for the year instead of claim winning sessions as income and then take off losing sessions, which is good but then you have to pay 15% self employment tax on top of what tax you owe.
That really only work out good for you if your a traveling tourney pro with lots of Plane, hotel, car, gas, etc. expenses.

This is a cool calculator to show you how it works pro vs amateur.
http://gamblercalculator.com/calc.html

Last edited by parisron; 02-12-2011 at 11:38 AM.
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02-12-2011 , 11:37 AM
Quote:
Originally Posted by parisron
Any talk of writing off means you have to file as a professional gambler and with that you get to net your total for the year instead of claim winning sessions as income and then take off losing sessions, which is good but then you have to pay 15% self employment tax on top of what tax you owe.
That really only work out good for you if your a traveling tourney pro with lots of Plane, hotel, car, gas, etc. expenses.
unless you happened to have another job in florida.. and therefore another reason to have to travel to florida... like if you write for a poker magazine there or something.

also is it really a flat 15% on top, ie not tax bracket dependent... i did not know that (i have people to crunch the #s for me lol)
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02-12-2011 , 12:27 PM
Quote:
Originally Posted by parisron
F the grindhouse. Go to Vegas, there are lots of good poker rooms to stop at on the way and a ton more when you get there.
+1 to that. Vegas is the place to be here in a couple of months. I will be there and I now a number of a lot of 2+2's will be there as well. Don't go to Toronto.
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02-12-2011 , 02:06 PM
Quote:
Originally Posted by AEPpoker
yeah, especially mileage its probably 1k each way to florida and i think they let you write off like 50 cents a mile. adds up
Writing off means OP better be keeping good records

Quote:
Originally Posted by AEPpoker
unless you happened to have another job in florida.. and therefore another reason to have to travel to florida... like if you write for a poker magazine there or something.

also is it really a flat 15% on top, ie not tax bracket dependent... i did not know that (i have people to crunch the #s for me lol)
Yeah, it's a flat 15% but 1/2 of it is deductable.
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02-12-2011 , 03:43 PM
FML.....living vicariously thru this thread!

I would also 2nd not going to grind house now. Its gonna be nasty wet spring in Canada at that time. I would kill AC, take the slow ride out west hitting up the best poker rooms in between, and meet up with some of those around the country posting here.
Then pwn souls in Vegas/La during Wsop.....THEN go to the grind house in the summer. MY GOD that sounds fun!!!!

GL
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02-13-2011 , 12:17 AM
Yeah you guys are right, the move is westward. It's freezing in NYC so I can only imagine how cold it is in Toronto. I went to my younger cousins basketball game tonight. Felt good on the inside. Bought my sister some stuff for her new apartment. I feel like being successful equals trading off meaningful relationships. I'm going to build up some relationships with family and friends over the next month. It will make me a well rounded person and in turn a better poker player. I'm going to get healthy and work hard on my poker style too. I'm leaving in 30 days. Back to the road, it's who I am. I'm probably heading south first before I head west. I need a few travel buddies so if any of you guys are up for a life changing adventure, be sure to hit me up. I'm leaving from NYC by car on march 15th. My roll sits at $2300. Going to dinner for valentines day with Chau on Monday. Shoot me your thoughts guys!
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02-13-2011 , 12:19 AM
Family guy and Chinese food. Ship it!
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02-13-2011 , 01:52 AM
I have driven to vegas twice from Tampa. If I was you I would make my way toward Hard Rock in Tulsa, OK stopping at whatever rooms are good on the way, Ive never been north of Tulsa in my car.
From there its like 10 hour drive to Sandia Casino in Albuquerque,NM then its around 9 hours to Vegas baby.
I would check the weather for snow storms I got caught in some nasty weather on I40 one time.
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02-13-2011 , 03:08 PM
Quote:
Originally Posted by insanepoker7
Yeah you guys are right, the move is westward. It's freezing in NYC so I can only imagine how cold it is in Toronto. I went to my younger cousins basketball game tonight. Felt good on the inside. Bought my sister some stuff for her new apartment. I feel like being successful equals trading off meaningful relationships. I'm going to build up some relationships with family and friends over the next month. It will make me a well rounded person and in turn a better poker player. I'm going to get healthy and work hard on my poker style too. I'm leaving in 30 days. Back to the road, it's who I am. I'm probably heading south first before I head west. I need a few travel buddies so if any of you guys are up for a life changing adventure, be sure to hit me up. I'm leaving from NYC by car on march 15th. My roll sits at $2300. Going to dinner for valentines day with Chau on Monday. Shoot me your thoughts guys!
I'm going to try and build my roll to go with you bro! I'm currently sitting at busto but I think If I work hard with my dad for the next month straight and sell my car I could easily have a roll of over 2k. I'm ready to take off as well and gtfo of ohio.
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02-13-2011 , 06:30 PM
Just completed reading this entire thread in one sitting, wooah. I came out for my first wsop in 2009 and the action is ridiculous during that time. You will not regret your decision for coming out west.

I moved out here shortly after that first wsop and you will not find a shortage of 1/2 and 2/5 games to play, not to mention your a 5 hour drive or so from LA.

Keep up your grind, but along the way when you finally get that nice score make sure you start to stick to some more efficient bankroll management. You do that and you can easily turn your adventure into a lifestyle (- the homelessness)
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02-13-2011 , 10:19 PM
Homies!!! The kid is back! March 15th is the date. Andy is coming down from Toronto and were shooting to Florida then west to Vegas/LA! Any 2p2er that wants to join is more than welcome to. As long as your stuff fits in the whip. Straight to the top baby! Post if you want to come. I'm in the northeast right now and willing to meetup and shoot the sheet!
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02-13-2011 , 10:37 PM
Are you coming back to Tampa before heading west?
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02-14-2011 , 12:00 AM
Stop at Charles Town Racetrack Hollywood casino, near DC. SICK action there. Some really terrible play and deep pockets.

While no casinos in Ohio there are a bunch of card rooms in Columbus. No rake, just small "use fee" to play. Very deep games. PM me if you want to get hooked up.
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02-14-2011 , 01:41 AM
Quote:
Originally Posted by parisron
Are you coming back to Tampa before heading west?
Big Ron, yeah well prob do the ole Fl runaround again. I had a great time!
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02-14-2011 , 01:42 AM
Quote:
Originally Posted by 72winner
Stop at Charles Town Racetrack Hollywood casino, near DC. SICK action there. Some really terrible play and deep pockets.

While no casinos in Ohio there are a bunch of card rooms in Columbus. No rake, just small "use fee" to play. Very deep games. PM me if you want to get hooked up.
Hooked up? I feel like Mike McDermott haha 347 236 5150 shoot me a text with the info man
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02-14-2011 , 01:45 AM
If anyone is from the NYC area and wants to come to AC this week, hit me up. I have a comped room at the Taj. I remember a few guys posting but I can't find all their numbers. Text me or post before Wed...
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02-14-2011 , 02:03 AM
[QUOTE=
While no casinos in Ohio there are a bunch of card rooms in Columbus. No rake, just small "use fee" to play. Very deep games. PM me if you want to get hooked up.[/QUOTE]

i go to ohio state and i can vouch for these card rooms being the softest and most brain dead ppl i have ever played poker with
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02-14-2011 , 02:31 AM
Drinking a Sierra Nevada and eating shelled peanuts and pretzels while watching high stakes poker. I forgot for a second that poker enabled me to enjoy some down time. I urge you, take a day off and chill. Your life in general will be better because of it
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02-14-2011 , 04:14 PM
Sick read op!
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02-15-2011 , 03:32 AM
ill be at the Taj on friday man got any plans this weekend??
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02-15-2011 , 04:58 AM
Quote:
Originally Posted by 72winner
Stop at Charles Town Racetrack Hollywood casino, near DC. SICK action there. Some really terrible play and deep pockets.

While no casinos in Ohio there are a bunch of card rooms in Columbus. No rake, just small "use fee" to play. Very deep games. PM me if you want to get hooked up.
pm me info im in ohio
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02-16-2011 , 03:53 AM
My parents live in Sarasota if your down there next time I am I'll hit you up.
Great read GL Mike!
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02-16-2011 , 07:25 PM
Took the girl to AC for valentines day. Pink Moet, a red rose and some chocolates. Got the room in the Chairman tower...breakfast in bed. Wonder if Im getting lucky? bahaah. Damn, being at the Taj poker room makes me realize how much I want to move to Miami or Vegas LOL. Spoke to Andy the other day, its 100% set for March 15th. Were going back on the road guys! Sheeeet, you only live once right?? So if anyone lives near any fish infested card rooms ANYWHERE across the continental US, post about it and well add it to the list. Also, theres one open spot in my car so if your not Jeffrey Dahmer and want to come, shoot me a line!
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02-17-2011 , 11:33 AM
What's Bankroll health OP !!!???
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02-17-2011 , 01:14 PM
Really enjoyed reading this thread. So sick. What an awesome fun adventure. Would/would have made a great reality tv/documentary show. Quick! someone get HBO or the Travel Channel on the line and get Mike a tv/movie contract for his next "Living Out of My Car In..."
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