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murph

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Posts posted by murph

    4/6 - at Pittsburgh

    in Game Threads

    Posted

    Just now, casadeozo said:

    What exactly is the rule? The runner was already ruled out so what were we challenging?

    The slide tackle to take out the defender so he can’t make a double play attempt.  

    4/6 - at Pittsburgh

    in Game Threads

    Posted

    Just now, baltfan said:

    Just like the Ravens, the Orioles are also awful at challenges. 

    That should have been a violation.    Terrible that it wasn’t called that way. He went for his feet.   No question. 

    Just a Rumor

    in Orioles Talk

    Posted · Edited by murph

    16 minutes ago, Frobby said:

    You get an appraisal from a credible appraiser, knowing that the IRS may challenge its reasonableness.  

    The fact that Georgia Angelos is alive, and may live a long time, may defer the “inherited basis.”
     

    Thanks.

    The inherited bases would be the stepped up basis, correct?  
     

    Edit: Nevermind.   Understand you are saying the original purchase price now.   Didn’t know there was a statute of limitations of a sort on that. 
     

    if there is a way around paying the gains on the original purchase price, it has a huge tax implication, which was my understanding of why or one of the reasons why they have not sold yet    

    Just a Rumor

    in Orioles Talk

    Posted · Edited by murph

    5 hours ago, casadeozo said:

    could someone provide a refresher on what the implications would be if JA and family were to sell now versus after Peter passes away? I assume there would be major estate tax implications though admittedly dont know the workings of that.

    From my quite limited understanding, if they sell before Peter passes.   They are taxed on all of the gains from the original purchase price.  Some hundreds of millions (can’t remember) so much more gain.

     

    But if the kids sell after inheritance, they get what is called stepped up basis and are taxed on the gains from the current valuation to the purchase price.    No idea how the current valuation is proved to the IRS.  

    • Upvote 1
    • Like 1

    Thursday, September 28: Orioles try to win Game #100 and clinch AL East Title and #1 seed in the AL playoffs

    in Game Threads

    Posted

    2 minutes ago, SteveA said:

    I guess they are saying when he came off the bag his first step was an inch or two in the direction of 3rd.   Therefore he was "past second base" and was required to re-touch it on the way back to first, which he didn't.

    Kevin Brown is spot on, it is very reminiscent of that play last year when Trey Mancini was ruled to have "taken a turn" towards 2nd on the basis of a slight body turn and maybe an inch or two of leftward motion, so he was called out when they tagged him walking back to first.

    Kevin Brown is so good at his job.  

    • Upvote 1

    Friday, September 15: Orioles vs Rays, televised exclusively by AppleTV+

    in Game Threads

    Posted

    5 minutes ago, baltfan said:

    I suppose it could be the internet connection with my router but I’m router is top notch.  Not sure what the deal is

    Two different providers between us.   Most likely an Apple broadcast issue which could be many things.  
     

    Routers don’t do anything for external bandwidth, just internal (your home).   Old IT guy here.  
     

    But like you said no real idea what is going on.  It does seem to be cleaning up a bit for me recently.  

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