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When Your Child Says No to College

The road to college can be a rocky one. Between SATs, ACTs, tough courses, teacher recommendations, a cutthroat pool of applicants, extracurriculars, college essays, and everything in between, it’s an exhausting journey. So what should you do if your child says she doesn’t want to take the trip? First, take a deep breath. As a parent it’s natural to want the best for your child. And for many parents, college is more than the best choice; it’s the only choice. But before you tell your child she’s grounded for the rest of her life, consider the cold hard facts: College may seem like the ticket to success, but getting your kid there is only half the battle. It’s completion that matters. And only 2 out of 5 students who enter a public four-year college manage to snag a degree within five years. For two-year colleges, the graduation rate is even more abysmal (28.9% in 2007). While it’s taking many students more than five years to graduate, many students aren’t graduating at all—nearly 30% of all students who enter college don’t return for their sophomore year. That hurts. Because the cost of college is anything but cheap. According to The College Board, this year’s average price at a 4-year private college is a whopping $23,712 per year. Public 4-year colleges rang in this year at $6,185 per year, and public 2-year colleges at $2,361 per year.

Source: When Your Child Says No to College | Education.com

Phase 2 – Mt. Everest Challenge: Day 26

Phase 2 – Mt. Everest Challenge: Day 26

Narrative: (Duration – 76:00 mins) →  My Nike Link
Day 2 back was sort of weird – it felt a bit hard.  Worked out with Mark so it took a bit longer because I was stopping to provide instructions.  Specifics: Did my calisthenics movements upfront, as usual.  Like I did the last time, I did most single rep of 40s, but broke up a few into 2x20s.  I then moved to the treadmill immediately.  I started at 4.1 @ 8.0° incline and after 5 mins went to 10°.  At 10 mins I went to a  12° incline.  At the 15 min point I increased the incline to 13°   and worked through the 30th min.  RockMyRun continue to lead the way.  That’s it for today… Good livin’…just keep on movin’.

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 26 DAY 27 DAY 28 DAY 29 DAY 30 DAY 31
JUMPING JACKS 40 OFF 45 45 45 45
SQUATS 40 OFF 45 45 45 45
STANDING OBLIQUES 40 OFF 45 45 45 45
SIDE BENDS 40 OFF 45 45 45 45
KICKBACKS 40 @ 30LBS OFF 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS
PUSH UPS (modified) 40 OFF 45 45 45 45
SITUPS 40 OFF 45 45 45 45
DB SHRUGS 40 @ 30LBS OFF 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS
DB PRESSES 40 @ 30LBS OFF 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS 45 @ 30LBS
LEG/CALF RAISES 40 OFF 45 45 45 45
PLANKS 80secs OFF 90secs 90secs 90secs 90secs
RUN/ELLIP (8-12°) 30mins OFF 30mins 30mins 30mins 30mins
TOTAL CALS  961/2485 0/0 0/0  0/0  0/0  0/0

Cardio: (Duration – 30:00 min) @ Intensity Level: 6.0

Type: Treadmilll (Elliptical, Outside, Treadmill, etc…)
Distance: 2.03
Elevation: 1212 

Goal and Statistics
Total Elevation: 16,632 (15,420 + 1212) feet (Goal 29,029 / 12,397 remains)  See where I am on the mountain
Total Distance: 30.90 (28.87 +2.03) miles (Goal 50 / 19.10 remains)
Total Calories: 11,342 (10,381+961) (Goal 23,00011,658 remains)


PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 19 DAY 20 DAY 22 DAY 23 DAY 24 DAY 25
JUMPING JACKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SQUATS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
STANDING OBLIQUES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SIDE BENDS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
KICKBACKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
PUSH UPS (modified) Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SITUPS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
DB SHRUGS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
DB PRESSES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
LEG/CALF RAISES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
PLANKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 80secs
RUN/ELLIP (8-12°) Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 30mins
TOTAL CALS  0/0 0/0 0/0  0/0  0/0  750/2342

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 13 DAY 14 DAY 15 DAY16 DAY 17 DAY 18
JUMPING JACKS 35 35 OFF 40 40 Sick w/Cold
SQUATS 35 35 OFF 40 40 Sick w/Cold
STANDING OBLIQUES 35 35 OFF 40 40 Sick w/Cold
SIDE BENDS 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
KICKBACKS 35 35 OFF 40 40 Sick w/Cold
PUSH UPS (modified) 35 35 OFF 40 40 Sick w/Cold
SITUPS 35 35 OFF 40 40 Sick w/Cold
DB SHRUGS 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
DB PRESSES 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
LEG/CALF RAISES 35 35 OFF 40 40 Sick w/Cold
PLANKS 70sec* 70sec OFF 80sec 80sec Sick w/Cold
RUN/ELLIP (8-12°) 30min 30min OFF 30min 30min Sick w/Cold
TOTAL CALS  782/2416 637/2191 0/0  750/2369  647/2201*  0/0

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 7 DAY 8 DAY 9 DAY 10 DAY 11 DAY 12
JUMPING JACKS 30 30  ⇒ 60 OFF 35 35
SQUATS 30 30 ⇒ 60 OFF 35 35
STANDING OBLIQUES 30 30 60 OFF 35 35
SIDE BENDS 30 @ 30LBS 30 @ 30LBS ⇒ 60 @ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
KICKBACKS 30 30 ⇒ 60 OFF 35 35
PUSH UPS (modified) 30 30 ⇒ 60 OFF 35 35
SITUPS 30 30 ⇒ 60 OFF 35 35
DB SHRUGS 30 @ 30LBS 30 @ 30LBS ⇒ 60@ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
DB PRESSES 30 @ 30LBS 30 @ 30LBS ⇒ 60 @ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
LEG/CALF RAISES 30 30 ⇒ 60 OFF 35 35
PLANKS 60sec 60sec ⇒ 120sec OFF 70secs 70secs
RUN/ELLIP (8-12°) 30min 30min ⇒ 60min OFF 30min 30min
TOTAL CALS  901/2314 0/0 1477/2770  0/0 743/2382  750/2067

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 1 DAY 2 DAY 3 DAY 4 DAY 5 DAY 6
JUMPING JACKS 25 25 25 25 OFF 30
SQUATS 25 25 25 25 OFF 30
STANDING OBLIQUES 25 25 25 25 OFF 30
SIDE BENDS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
KICKBACKS 25 25 25 25 OFF 30
PUSH UPS (modified) 25 25 25 25 OFF 30
SITUPS 25 25 25 25 OFF 30
DB SHRUGS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
DB PRESSES 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
LEG/CALF RAISES 25 25 25 25 OFF 30
PLANKS 25sec 25sec 25sec 25sec OFF 1min
RUN/ELLIP (8-12°) 25min 25min 25min 25 OFF 30min
TOTAL CALS  556 511 482  677 0  718/2369

 

Selling Rental Real Estate at a Loss

imgresYou may own rental real estate that you need to sell at a loss. To help ease the pain, losses from selling rental properties generally receive favorable tax treatment.

First make sure you actually have a tax loss

The recent housing slump has reduced the value of most every form of real estate. You might be looking at loss if you have to sell a rental home any time soon. To determine if you have a tax gain or loss, you will need to compare the property’s sale price to its tax basis. The tax basis is generally your original purchase price, plus the cost of improvements (not counting expenses you’ve deducted as repairs and maintenance), minus any depreciation deductions you claimed while you owned it.

Source: Selling Rental Real Estate at a Loss

My comments:  This is really importance stuff since I am contemplating getting rid of a piece of property…

How to Calculate Depreciation for Rental Properties

Owners of rental property are allowed to deduct depreciation from rental income.

Property owners who rent their dwellings must pay taxes on the income, but they are also allowed to deduct some amounts from their earnings. The primary means of deducting rental income is achieved through depreciating the property. Property is depreciated using the Modified Accelerated Cost Recovery System (MACRS). IRS rules allow depreciation only for the portion of a property used for rental purposes. To depreciate property, you must be the owner of the property. You cannot depreciate a property if you are renting it. Land does not qualify for depreciation; only structures qualify.  Continue reading at the source link below…

Source: How to Calculate Depreciation for Rental Properties | Home Guides | SF Gate

 

Phase 2 – Mt. Everest Challenge: Day 26

Phase 2 – Mt. Everest Challenge: Day 25

Narrative: (Duration – 63:00 mins) →  My Nike Link
Oh boy!  After being hard down with a harsh cold for just under a week, I would be lying if I say it wasn’t a hard workout. So I am behind by 6 daysSpecifics: Changed it up a bit but did all my calisthenics movements upfront, as usual.  Like I did the last time, I did most single rep of 40s, but broke up a few into 2x20s.  I then moved to the treadmill after a break to attend the family weekly meeting.  I started at 4.0 @ 8.0° incline and changed every 5 mins  by 1°  to 10°.  I then jumped to 12° for 10 mins to 25mins and finished off at 13°.  I continue to rock RockMyRun for for this entire workout…motivating.  On Everest:  Based on my virtual climb, I am now in Yeti territory.  Some extremely questionable Web sites suggest that 15,000 to 20,000 feet is a good altitude for yeti sightings. The yeti is a rich part of Himalayan folklore; one of Edmund Hillary’s objectives on his Everest expedition was to find evidence of its existence. Hillary didn’t see one, but he did return to England with a “yeti scalp” borrowed from a Sherpa village. Scientists later determined that it was from a serow, an animal similar to a large goat.  The air is getting even thinner up here a bit more.  That’s it for today… Good livin’…just keep on movin’.

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 19 DAY 20 DAY 22 DAY 23 DAY 24 DAY 25
JUMPING JACKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SQUATS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
STANDING OBLIQUES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SIDE BENDS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
KICKBACKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
PUSH UPS (modified) Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
SITUPS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
DB SHRUGS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
DB PRESSES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40 @ 30LBS
LEG/CALF RAISES Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 40
PLANKS Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 80secs
RUN/ELLIP (8-12°) Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold Sick w/Cold 30mins
TOTAL CALS  0/0 0/0 0/0  0/0  0/0  750/2342

Cardio: (Duration – 30:00 min) @ Intensity Level: 6.0

Type: Treadmilll (Elliptical, Outside, Treadmill, etc…)
Distance: 2.00
Elevation: 1110 

Goal and Statistics
Total Elevation: 15,420 (14,310 + 1110) feet (Goal 29,029 / 13,609 remains)  See where I am on the mountain
Total Distance: 28.87 (26.87 +2.00) miles (Goal 50 / 21.13 remains)
Total Calories: 10,381 (9,631+750) (Goal 23,00012,619 remains)


PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 13 DAY 14 DAY 15 DAY16 DAY 17 DAY 18
JUMPING JACKS 35 35 OFF 40 40 Sick w/Cold
SQUATS 35 35 OFF 40 40 Sick w/Cold
STANDING OBLIQUES 35 35 OFF 40 40 Sick w/Cold
SIDE BENDS 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
KICKBACKS 35 35 OFF 40 40 Sick w/Cold
PUSH UPS (modified) 35 35 OFF 40 40 Sick w/Cold
SITUPS 35 35 OFF 40 40 Sick w/Cold
DB SHRUGS 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
DB PRESSES 35 @ 30LBS 35 @ 30LBS OFF 40 @ 30LBS 40 @ 30LBS Sick w/Cold
LEG/CALF RAISES 35 35 OFF 40 40 Sick w/Cold
PLANKS 70sec* 70sec OFF 80sec 80sec Sick w/Cold
RUN/ELLIP (8-12°) 30min 30min OFF 30min 30min Sick w/Cold
TOTAL CALS  782/2416 637/2191 0/0  750/2369  647/2201*  0/0

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 7 DAY 8 DAY 9 DAY 10 DAY 11 DAY 12
JUMPING JACKS 30 30  ⇒ 60 OFF 35 35
SQUATS 30 30 ⇒ 60 OFF 35 35
STANDING OBLIQUES 30 30 60 OFF 35 35
SIDE BENDS 30 @ 30LBS 30 @ 30LBS ⇒ 60 @ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
KICKBACKS 30 30 ⇒ 60 OFF 35 35
PUSH UPS (modified) 30 30 ⇒ 60 OFF 35 35
SITUPS 30 30 ⇒ 60 OFF 35 35
DB SHRUGS 30 @ 30LBS 30 @ 30LBS ⇒ 60@ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
DB PRESSES 30 @ 30LBS 30 @ 30LBS ⇒ 60 @ 30LBS OFF 35 @ 30LBS 35 @ 30LBS
LEG/CALF RAISES 30 30 ⇒ 60 OFF 35 35
PLANKS 60sec 60sec ⇒ 120sec OFF 70secs 70secs
RUN/ELLIP (8-12°) 30min 30min ⇒ 60min OFF 30min 30min
TOTAL CALS  901/2314 0/0 1477/2770  0/0 743/2382  750/2067

PHASE 2: RUPE FULL BODY MOUNT EVEREST CHALLENGE – (R-FBMEC)
DAY 1 DAY 2 DAY 3 DAY 4 DAY 5 DAY 6
JUMPING JACKS 25 25 25 25 OFF 30
SQUATS 25 25 25 25 OFF 30
STANDING OBLIQUES 25 25 25 25 OFF 30
SIDE BENDS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
KICKBACKS 25 25 25 25 OFF 30
PUSH UPS (modified) 25 25 25 25 OFF 30
SITUPS 25 25 25 25 OFF 30
DB SHRUGS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
DB PRESSES 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS 25 @ 20LBS OFF 30 @ 30LBS
LEG/CALF RAISES 25 25 25 25 OFF 30
PLANKS 25sec 25sec 25sec 25sec OFF 1min
RUN/ELLIP (8-12°) 25min 25min 25min 25 OFF 30min
TOTAL CALS  556 511 482  677 0  718/2369