BS AP's

[redietz]

Red, if you refuse to prove you're the person identified in the stuff you're sending, you've proven nothing about yourself---and face it: you're only sending Alan your lunch because I'm beating it out of you. Anyone can be a groupie and collect info over the years on anyone. Wise up.

I like the comment about "no income" on vp Alan. But you goofed again: it was no TAXABLE vp income. You may yet benefit from taking an IRS class.

Oh, anyone reading the stuff will know it's me, Rob. I don't believe anybody is going to think R.E.Dietz has a groupie with personal material 40 years old. Now if you choose to think otherwise, well, I'm good with that. You are, after all, a quack, and I've never cared about convincing the resident quack of anything. That would be like caring about convincing Uri Geller I can eat with a spoon. (Boy, I really like that last line even though it's dated. Rob's self love must be rubbing off on me.)

And Rob, distributing my material because Rob Singer was "beating it out of" me does not qualify you as my agent. I appreciate the wonderful opportunity to heighten my profile and garner a little adulation (everybody likes adulation, right?), but I am not going to pay you for the way you've heightened interest in who I am. Many thanks and salutations, though. I'm a little concerned people will think you're my sock puppet so I could promote myself, but oh well.

[Alan Mendelson]

I pay taxes on my business because I have income. Rob paid no taxes on his video poker business. I guess that means my TV advertising business is more successful than his video poker business.

[Rob.Singer]

Red, if you refuse to prove you're the person identified in the stuff you're sending, you've proven nothing about yourself---and face it: you're only sending Alan your lunch because I'm beating it out of you. Anyone can be a groupie and collect info over the years on anyone. Wise up.

I like the comment about "no income" on vp Alan. But you goofed again: it was no TAXABLE vp income. You may yet benefit from taking an IRS class.

Oh, anyone reading the stuff will know it's me, Rob. I don't believe anybody is going to think R.E.Dietz has a groupie with personal material 40 years old. Now if you choose to think otherwise, well, I'm good with that. You are, after all, a quack, and I've never cared about convincing the resident quack of anything. That would be like caring about convincing Uri Geller I can eat with a spoon. (Boy, I really like that last line even though it's dated. Rob's self love must be rubbing off on me.)

And Rob, distributing my material because Rob Singer was "beating it out of" me does not qualify you as my agent. I appreciate the wonderful opportunity to heighten my profile and garner a little adulation (everybody likes adulation, right?), but I am not going to pay you for the way you've heightened interest in who I am. Many thanks and salutations, though. I'm a little concerned people will think you're my sock puppet so I could promote myself, but oh well.

Not sure what sharing 40 year old info is going to do for you. 40 years ago I was living in the UAE working for the US Govt, doing work that's obviously thousands of times more important than whatever gaming activity you purport to have been involved with. Yet I would never include any of it in my "PR Packet"!

[Rob.Singer]

I pay taxes on my business because I have income. Rob paid no taxes on his video poker business. I guess that means my TV advertising business is more successful than his video poker business.

Alan, I thought your purpose here was to impress advertisers so they pour the dollars in. To do that you should radiate a more wordy personality.

You pay taxes on your business income because that's your source of income. I paid zero taxes on nearly $100k of vp income for each of ten years because WE paid taxes on my wife's income, foreign investment income, dividend income (I know, mickey got lost at the word "wife") rental income, and several other sources of income. But for the vp income, it was completely written off. And of course, I was never "incomplete" non-stop argumentative and stubborn enuf to have been married and divorced more times than Rocky & Bullwinkle banged Natasha, so I had plenty of time to study, and utilize, a number of IRS loopholes.

[redietz]

Good to know, Rob. But this seems an odd time to switch from claiming all kinds of gaming cred to your military associations. I mean, that comes across as a "gee whiz, maybe this guy outranks me in gambling cred, so I'll show him up with my USGov associations."

Speaking of outranking, my wife was material resource manager at Fort Campbell for quite a few years. Fort Campbell is 100,000 acres, so I suspect whatever association you had with the US Government, she outranked you. If what you did was a thousand times more important than whatever I did, what she did must have been ten thousand times as important.

Maybe we should start a "MilitaryAppreciationTalk" website, as these discussions certainly do not belong here.

[Biloxi Bill]

I pay taxes on my business because I have income. Rob paid no taxes on his video poker business. I guess that means my TV advertising business is more successful than his video poker business.

Alan, I thought your purpose here was to impress advertisers so they pour the dollars in. To do that you should radiate a more wordy personality.

You pay taxes on your business income because that's your source of income. I paid zero taxes on nearly $100k of vp income for each of ten years because WE paid taxes on my wife's income, foreign investment income, dividend income (I know, mickey got lost at the word "wife") rental income, and several other sources of income. But for the vp income, it was completely written off. And of course, I was never "incomplete" non-stop argumentative and stubborn enuf to have been married and divorced more times than Rocky & Bullwinkle banged Natasha, so I had plenty of time to study, and utilize, a number of IRS loopholes.

Rob`s code words-- WIFE= Twin sister of Sasquatch........IRS LOOPHOLES-Chapter 11 Bankruptcy

[Alan Mendelson]

But for the vp income, it was completely written off.

That means (drumroll please) you had zero net income. So what was the point of even setting foot in a casino?

Now, if you tell me that you wrote off video poker expenses that weren't 100% video poker expenses (i.e., your personal expenses) then it would appear to me that would be tax fraud.

Rob, I like you. I think you have good info and good, worthwhile ideas about video poker and gambling. But when you talk about what you did with your taxes it doesn't make me feel comfortable at all.

[mickeycrimm]

But for the vp income, it was completely written off.

That means (drumroll please) you had zero net income. So what was the point of even setting foot in a casino?

Now, if you tell me that you wrote off video poker expenses that weren't 100% video poker expenses (i.e., your personal expenses) then it would appear to me that would be tax fraud.

Rob, I like you. I think you have good info and good, worthwhile ideas about video poker and gambling. But when you talk about what you did with your taxes it doesn't make me feel comfortable at all.

To make all those write-offs he would have had a figure on the "other income" line to write off against. It was that line (gambling win) on his returns that Rob didn't want you to see. Most likely because there isn't a figure on that line in any of his tax returns. Rob would have exposed himself had he sent you his returns.

[Rob.Singer]

But for the vp income, it was completely written off.

That means (drumroll please) you had zero net income. So what was the point of even setting foot in a casino?

Now, if you tell me that you wrote off video poker expenses that weren't 100% video poker expenses (i.e., your personal expenses) then it would appear to me that would be tax fraud.

Rob, I like you. I think you have good info and good, worthwhile ideas about video poker and gambling. But when you talk about what you did with your taxes it doesn't make me feel comfortable at all.

To make all those write-offs he would have had a figure on the "other income" line to write off against. It was that line (gambling win) on his returns that Rob didn't want you to see. Most likely because there isn't a figure on that line in any of his tax returns. Rob would have exposed himself had he sent you his returns.

mickey, you're so dumb and uneducated it's sad. There's no line entitled "gambling wins" on schedule C.

[Rob.Singer]

But for the vp income, it was completely written off.

That means (drumroll please) you had zero net income. So what was the point of even setting foot in a casino?

Now, if you tell me that you wrote off video poker expenses that weren't 100% video poker expenses (i.e., your personal expenses) then it would appear to me that would be tax fraud.

Rob, I like you. I think you have good info and good, worthwhile ideas about video poker and gambling. But when you talk about what you did with your taxes it doesn't make me feel comfortable at all.

I can see why the exes got infuriated with you. Very little sinks in, and you prefer arguing over being willing to do IRS research. I'll just say it again: VP profit was written off yearly and entirely with many different types of everyday directly deductible expenses that you and most gamblers do not know exist. We're they 100% gambling-related expenses? Of course they were. Do you understand and/or agree with it? No, and it's probably because you have no knowledge on the subject....just as I have no knowledge on the world of advertising.

[Rob.Singer]

Good to know, Rob. But this seems an odd time to switch from claiming all kinds of gaming cred to your military associations. I mean, that comes across as a "gee whiz, maybe this guy outranks me in gambling cred, so I'll show him up with my USGov associations."

Speaking of outranking, my wife was material resource manager at Fort Campbell for quite a few years. Fort Campbell is 100,000 acres, so I suspect whatever association you had with the US Government, she outranked you. If what you did was a thousand times more important than whatever I did, what she did must have been ten thousand times as important.

Maybe we should start a "MilitaryAppreciationTalk" website, as these discussions certainly do not belong here.

Now you have a wife? I thought you said you were an old loser with a "girlfriend"! You mean gambling took the same toll on you as it has Alan??

I've ended the lives of two people in my US Govt "job", and it wasn't with the military. Doing so saved up to 12 Americans. Now explain exactly how some buyer resides that much higher up on the totem pole.

You seem so worried about your gaming "credentials". What's that really worth in a life littered with social failure?

[redietz]

Good to know, Rob. But this seems an odd time to switch from claiming all kinds of gaming cred to your military associations. I mean, that comes across as a "gee whiz, maybe this guy outranks me in gambling cred, so I'll show him up with my USGov associations."

Speaking of outranking, my wife was material resource manager at Fort Campbell for quite a few years. Fort Campbell is 100,000 acres, so I suspect whatever association you had with the US Government, she outranked you. If what you did was a thousand times more important than whatever I did, what she did must have been ten thousand times as important.

Maybe we should start a "MilitaryAppreciationTalk" website, as these discussions certainly do not belong here.

Now you have a wife? I thought you said you were an old loser with a "girlfriend"! You mean gambling took the same toll on you as it has Alan??

I've ended the lives of two people in my US Govt "job", and it wasn't with the military. Doing so saved up to 12 Americans. Now explain exactly how some buyer resides that much higher up on the totem pole.

You seem so worried about your gaming "credentials". What's that really worth in a life littered with social failure?

Rob, you must be psychic. That's all I can say on the matter. Your ability to take information and draw conclusions is unparalleled.

[Biloxi Bill]

Good to know, Rob. But this seems an odd time to switch from claiming all kinds of gaming cred to your military associations. I mean, that comes across as a "gee whiz, maybe this guy outranks me in gambling cred, so I'll show him up with my USGov associations."

Speaking of outranking, my wife was material resource manager at Fort Campbell for quite a few years. Fort Campbell is 100,000 acres, so I suspect whatever association you had with the US Government, she outranked you. If what you did was a thousand times more important than whatever I did, what she did must have been ten thousand times as important.

Maybe we should start a "MilitaryAppreciationTalk" website, as these discussions certainly do not belong here.

Now you have a wife? I thought you said you were an old loser with a "girlfriend"! You mean gambling took the same toll on you as it has Alan??

I've ended the lives of two people in my US Govt "job", and it wasn't with the military. Doing so saved up to 12 Americans. Now explain exactly how some buyer resides that much higher up on the totem pole.

You seem so worried about your gaming "credentials". What's that really worth in a life littered with social failure?

LOLOLOLOLOLOLOL.....Now the International Man of Mystery "ended the lives of two people and saved 12 Americans"....then he came home and filed bankruptcy......LOLOLOLOLOLOL......My God, the Internet is great

[redietz]

I have it on good authority that the video poker in the UAE is very, very tough, so it's understandable why Rob took extreme measures.

[Alan Mendelson]

I can see why the exes got infuriated with you. Very little sinks in, and you prefer arguing over being willing to do IRS research. I'll just say it again: VP profit was written off yearly and entirely with many different types of everyday directly deductible expenses that you and most gamblers do not know exist. We're they 100% gambling-related expenses? Of course they were. Do you understand and/or agree with it? No, and it's probably because you have no knowledge on the subject....just as I have no knowledge on the world of advertising.

Rob... you claimed you had $100,000 of video poker profits. I believe that. But you also said you had $100,000 of direct video poker deductions. That means your net business profit is ZERO, ZILCH, ZIP, NADA.

So why did you bother going to a casino and be a professional video poker player? To have zero profit?

Now, the only thing I think you might have done was use non-video poker business expenses as write-offs against your video poker net winnings. Is that what you did? And if it's not, did you really have $100,000 of video poker related expenses?

Either way, if you played and gambled and had no net winning, what's the point of calling yourself a professional? In my book a professional makes money. By your own admission, you have ZERO profit.

[Rob.Singer]

Alan, what does it take for you to comprehend this? Here's an example year where I filed as a professional gambler.

Let's say my net winnings directly from the machines was $95,000. I think you're aware that schedule C deductions for business are directly deducted from business income. I rented a car 24/7, 365 for almost the entire 10 years. Because I was also a gaming author, writer, and I trained and advised players mostly in Nv. but also in Phx. and around the country, virtually every living expense I had--house, gas, rental cars, insurances, food (including some groceries) etc. were directly deductible.

I went on vacations with my wife. We went out for dinner many times in Az. We had VP players over for BBQ's, swimming, and of course, VP discussions. All of the above were deductible, simply because I associated virtually everything I did for those ten years as being necessary for my business. Even the "vacations"....because we visited vp players for training and/or discussions, and my wife was an advisor TO ME for the purposes of my business. And much of this I would have never known how to do had I not had personal tax help.

So what you're seeing here is someone who "gross profitted" $95k, and had basically the same in deductions---deductions for items that I would have spent anyway in everyday living with or without being involved in a business. In other words, had I not gambled and made $95k, I still would have SPENT $95k, instead having to take it out of my retirement savings like I do right now.

You may now ask about the IRS rule saying a business has to show some kind of profit in order to continue filing as a business operator. However, when you run a business and have the other types of income we had--where plenty of taxes were also paid on--it negates that rule to some degree. This is where I had my most helpful loophole training. Let's just say I know how GE legally pays little to no taxes on billions of dollars of income, year after year.

Like I said, you either prepare for going into being a professional gambler or you don't. And if you're on the outside looking in, you shouldn't be criticizing or dissing that which you really don't know much about. I know you mock my groceries deductions for instance. But it is allowed, and I maxed it out to my best benefit. I was audited a total of four of the ten years, and the net result was they sent me $800 in overpayment refunds.

Now how about some of that Biloxibill's slathering envy

[RS__]

Supposedly Rob Stringer purchased an RV (or 2? Or 3?) with his VP winnings....that seems pretty tough to do, given all the winnings were written off.

[mickeycrimm]

That means (drumroll please) you had zero net income. So what was the point of even setting foot in a casino?

Now, if you tell me that you wrote off video poker expenses that weren't 100% video poker expenses (i.e., your personal expenses) then it would appear to me that would be tax fraud.

Rob, I like you. I think you have good info and good, worthwhile ideas about video poker and gambling. But when you talk about what you did with your taxes it doesn't make me feel comfortable at all.

To make all those write-offs he would have had a figure on the "other income" line to write off against. It was that line (gambling win) on his returns that Rob didn't want you to see. Most likely because there isn't a figure on that line in any of his tax returns. Rob would have exposed himself had he sent you his returns.

mickey, you're so dumb and uneducated it's sad. There's no line entitled "gambling wins" on schedule C.

Rob, you're so dumb and uneducated that your reading comprehension is sadly lacking. I didn't say there was a line called "gambling win." It's the "other income" line where you would have entered your gambling win. Wise up.

[mickeycrimm]

Alan, what does it take for you to comprehend this? Here's an example year where I filed as a professional gambler.

Let's say my net winnings directly from the machines was $95,000. I think you're aware that schedule C deductions for business are directly deducted from business income. I rented a car 24/7, 365 for almost the entire 10 years. Because I was also a gaming author, writer, and I trained and advised players mostly in Nv. but also in Phx. and around the country, virtually every living expense I had--house, gas, rental cars, insurances, food (including some groceries) etc. were directly deductible.

I went on vacations with my wife. We went out for dinner many times in Az. We had VP players over for BBQ's, swimming, and of course, VP discussions. All of the above were deductible, simply because I associated virtually everything I did for those ten years as being necessary for my business. Even the "vacations"....because we visited vp players for training and/or discussions, and my wife was an advisor TO ME for the purposes of my business. And much of this I would have never known how to do had I not had personal tax help.

So what you're seeing here is someone who "gross profitted" $95k, and had basically the same in deductions---deductions for items that I would have spent anyway in everyday living with or without being involved in a business. In other words, had I not gambled and made $95k, I still would have SPENT $95k, instead having to take it out of my retirement savings like I do right now.

You may now ask about the IRS rule saying a business has to show some kind of profit in order to continue filing as a business operator. However, when you run a business and have the other types of income we had--where plenty of taxes were also paid on--it negates that rule to some degree. This is where I had my most helpful loophole training. Let's just say I know how GE legally pays little to no taxes on billions of dollars of income, year after year.

Like I said, you either prepare for going into being a professional gambler or you don't. And if you're on the outside looking in, you shouldn't be criticizing or dissing that which you really don't know much about. I know you mock my groceries deductions for instance. But it is allowed, and I maxed it out to my best benefit. I was audited a total of four of the ten years, and the net result was they sent me $800 in overpayment refunds.

In short, he was living off his wife.

[Alan Mendelson]

Mickey, in Rob's case he did not put his gambling wins on Schedule A on the line called "other income." In his case ALL of his gambling wins and losses appeared only on Schedule C.

Now Rob. This is what troubles me. You wrote about your deductions:

"I went on vacations with my wife. We went out for dinner many times in Az. We had VP players over for BBQ's, swimming, and of course, VP discussions. All of the above were deductible, simply because I associated virtually everything I did for those ten years as being necessary for my business. Even the "vacations"....because we visited vp players for training and/or discussions, and my wife was an advisor TO ME for the purposes of my business. And much of this I would have never known how to do had I not had personal tax help."

These can all be gray areas. And in some cases they are very, very dark gray areas.

Dinners with your wife? A gambling business deduction? Really?
The barbecues with other gamblers where you talk about gambling? A gray area to be sure.
Heck, I'm surprised you didn't have a particular set of clothing including underwear with labels that said "poker clothing" so you could deduct those as "uniforms".

There comes a point of disbelief.

But I will say this: generally the IRS figures that NO gambler turns a profit and you might have gotten by based on that assumption. Because honestly, a $100,000 profit a year is not big. Had you won Megabucks for $12-million in one year it might have been a different story.