[vpFREE] Caesars Great Gift Wrap Up

 

15000 pts = $50 free play, choose property, voucher good for 7 days.

Paris well organized. There are gift cards too. Lowest gift 3000 pts on last point burner table.

A few food samples, hot cocoa, hot cider.

Points u earn in 2017 good til last GGWU at Caesars Dec 3. After that points earned in Dec. good for 2018 GGWU except Dec 30&31 apparently.

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Posted by: Misscraps <misscraps@aol.com>
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[vpFREE] Re: Trump tax plan, gambling losses out the window...

 

Like Commandant Klink in Hogan's Heroes, until the House and Senate do their things (and who knows how long that will take and what they will be doing?), "We know nothing".  LOL.


..... bl

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Posted by: bornloser1537@yahoo.com
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[vpFREE] Re: Trump tax plan, gambling losses out the window...

 

The odds of these guys passing something soon are limited.  I say it is important to continue keeping loss records in your WinLoss app or however you do it.  It may not really be decided for some time and then there will be the issue of how to interpret the actual law which could take years as history has shown.

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Posted by: simpsonmarvin@ymail.com
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[vpFREE] Re: Las Vegas shooter Stephen Paddock’s quest for ‘p erfect play’ on video poker

 

I found it laughable that a casino employee would judge any gambler based on appearance.  Most of the REALLY big players I've known tend to dress down.  I recall an acquaintance in AC who looked like a Boardwalk bum, and carried a ragged knapsack with $100K+. There may be some Versace in Reno, but I've seen a lot more jeans and sweatpants in most high limit rooms.

And the quest for perfect VP play is supposed to be some important factor around this evil nutjob?  Clearly there's so little real information that writers are grasping at straws to fill a column.  If they find out that he frequented Starbucks, perhaps they will link his behavior to caffeine addiction!

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Posted by: mcuddington@hotmail.com
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Re: [vpFREE] Re: Trump tax plan, gambling losses out the window...

 

If what I am reading is correct recreational gamblers could be hurt to the extent they are hit with state taxes on W2G?  Some states are a real pain.  

C

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On Nov 4, 2017, at 3:49 AM, harry.porter@verizon.net [vpFREE] <vpFREE@yahoogroups.com> wrote:

Deduction of gambling losses (as an offset to reported winnings) hasn't been a focus of the proposed code revisions this year.

What is specifically eliminated is deduction of related expenses related to "hobbyist" play. 

I find this a little confusing because such expenses have never been deductible by recreational gamblers; only qualified "professionals" filing a Sch C could take the deduction.

Bottom line, I see no impact on recreational players who deduct gambling losses via Sch A, to the extent of reported winnings.  And the reference to "hobbyists" appears to me not to restrict expense deductions by Sch C "pro" filers.


misscraps wrote :

Preliminary reports seem to say gambling losses as itemized deductions would be gone in the new tax plan.

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Posted by: C <cmayhem@comcast.net>
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[vpFREE] Re: Trump tax plan, gambling losses out the window...

 

Deduction of gambling losses (as an offset to reported winnings) hasn't been a focus of the proposed code revisions this year.

What is specifically eliminated is deduction of related expenses related to "hobbyist" play. 

I find this a little confusing because such expenses have never been deductible by recreational gamblers; only qualified "professionals" filing a Sch C could take the deduction.

Bottom line, I see no impact on recreational players who deduct gambling losses via Sch A, to the extent of reported winnings.  And the reference to "hobbyists" appears to me not to restrict expense deductions by Sch C "pro" filers.



misscraps wrote :

Preliminary reports seem to say gambling losses as itemized deductions would be gone in the new tax plan.

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Posted by: harry.porter@verizon.net
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Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.


.

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