Profitable real estate investment is subject to precise knowledge about many things.

For example:

Comprehensive and accurate knowledge of best real estate investment practices.

The purchase of any investment property for sale cannot be possible without complete knowledge about political and financial market events. You need to keep an eye on events like Brexit and the newly introduced mortgage rules. Your bottom line definitely affects the real estate investment market and also your ROI.

• Types of mortgages.
• How to contract a mortgage?
• The type of investment property for sale for purchase.
• The type of auction events to attend based on your investment strategy.
• Financing options for real estate investments.
• How to finance or fund your real estate investment?
• How to modernize a foolproof exit plan?
• What to do if your investment plans don’t work out in your favor?

Many real estate investment agents in London are often seen advising/guiding new investors on these topics. But there is a topic that is barely touched by most agents. This is DTI (debt to income ratio).

What exactly is the debt-to-income ratio?

If you are likely to purchase a residential investment property for sale, you need to fully understand this concept.

DTI (Debt-to-Income Ratio) is actually the total of your monthly installment and revolving payments, further divided by your GMI (Gross Monthly Income).
What is GMI?

Gross monthly income is the wages earned by employees before taxes and other deductions.

The importance of DTI:

According to experienced London real estate investment agents, DTI helps private lenders or financial institutions determine whether your loan application should be approved or disapproved. Below are some very important points considered by them before approving or rejecting your loan application:

• Your current monthly or yearly income.
• Your current credit score.
• Ability to pay the mortgage on time.
• Other mortgage/financial obligations.

In case any lender or financial institution denies your mortgage/loan application, then you have to blame your poor debt-to-income ratio for it.

That’s not the only thing you need to know about DTI. If you’re planning to buy a residential investment property for sale, you’ll need to learn a lot more important things about it. For example:

• What types of monthly bills do lenders consider when determining your debt-to-income ratio?
• What types of monthly bills do lenders not consider when determining your DTI?
• What is a good DTI?
• What counts as Income in the debt-to-income ratio?
• Can your loan or mortgage application be approved for low DTI reasons?
• Is it really possible to lower DTI to get better interest rates or loans/mortgages?

Now, you seem ready to learn about DTI (debt-to-income ratio) before you invest in a UK property. You should attend a couple of seminars and also get in touch with some experienced investors or brokers who are willing to share their knowledge and experience in this regard with you.

If you own real estate that will provide a profit on the sale, you should consider whether a 1031 exchange is right for you. There are five different classes of property taxes: property used in the taxpayer’s trade or business, property held for the purpose of sale to customers, property used as a principal residence, property used as a vacation home and property held for investment. .

1031 exchanges apply to property held in a taxpayer’s trade or business as well as property held for investment and, in certain situations, property held as a vacation home. Please note the following stipulations:

• Property held for immediate sale is not considered an investment
• Commercial use can be defined as holding property for productive use in business or commerce
• Property that is removed from a previous “productive use” in the business may qualify

There are many possible benefits of using a 1031 exchange, as long as you are clear on how best to maximize your advantages. Examples of benefits include:

• Own multiple buildings instead of just one
• Gain leverage
• Defer payment of taxes on capital gains
• Relocate to a new area
• Consolidation or improvement of buildings
• Getting relief from property management

The real estate you sell, as well as the real estate you buy, must be put to productive use in a trade or business or for investment purposes, and must be similar. To obtain the tax benefits, the proceeds of the sale must pass through a qualified intermediary and not through your own hands, even briefly. If the funds pass through your hands at any time, any and all cash receipts you earn may be subject to tax.

There are many different types of properties that can be exchanged in this way. “Like type” refers to properties that are similar in character or nature. Examples of popular similar properties may include commercial properties, condominiums, vacant lots, rental houses, duplexes, or apartments. Not-of-a-kind properties are primary residences, notes, partnerships, stocks and bonds, properties to be resold immediately, or developed lots held for sale.

You should never try to handle the funds associated with a 1031 exchange on your own. Doing so can eradicate your capital gains tax deferral and make you pay taxes, eliminating one of the main reasons people seek 1031 exchanges in the first place.

Do an internet search for the words “home renovation” and you’ll find a plethora of results leading to businesses in the renovation industry. While there is no shortage of contractors available for every home repair or remodeling project, choosing the right contractor or company for the job is of the utmost importance. No one wants to pay for poor workmanship, incomplete jobs, or worse, nothing at all. Unfortunately, it happens more often than you think. While you can’t stop contractors from taking advantage of homeowners, you can take steps to prevent being taken advantage of by simply doing your homework.

Start with referrals
Chances are, family and friends aren’t pulling you in the wrong direction with your home renovations. Asking for references on similar jobs they may have completed is ideal because you can get a good indication of the quality of the work and the trustworthiness of the contractor. If that’s not an option, consider your local home renovation association or home builders, as well as building supply stores.

background checks
Like credit card or mortgage companies, running background checks on contractors gives you an idea of ​​a company’s reputation and work ethic. Don’t be afraid to ask for names and numbers of previous jobs. Contractors are not cheap; your research shouldn’t be either. Don’t settle for letters, these can be fabricated or written by family and friends. A reputable contractor is willing to provide a list of previous clients.

Listen to that voice in your head
If you have a bad feeling about a contractor, something is probably wrong. A good contractor is easy to communicate with, approachable, returns calls, discusses options for problems that may arise, is knowledgeable, provides estimates on paper, and works within your budget. If they fall into any of those items, you may want to move on to the next candidate.

Confirm qualifications
You wouldn’t hire someone who “reads about” lighting to work on your electrical, that’s literally playing with fire. Make sure the contractor and their subcontractors have the proper licenses and skills by requesting their business license number and confirming with your local licensing office that they are in good standing. You should also check to see if they are insured for liability and property damage, as well as workers’ compensation.

understand the project
The larger the reform, the more complicated it will be. Make sure you understand the progression in all of its stages; before, during and after completion. Don’t leave yourself and your wallet open to unexpected surprises, guesses or questions. Have your responsibilities and those of the contractor defined and stated in writing so that all parties know what is expected of them and who is responsible for what.

get it in writing
Lawyers are rich because people choose trust over treaty. Unless it is in writing, you can assume that all verbal agreements are non-existent and will not stand up in court. Confirm renewal details in writing along with quotes, price changes, and arrangements for delays or unexpected costs.

Prices
Sometimes the lowest price is not always the best option. It’s always a good idea to accept multiple estimates to gauge an average price and negotiate from there. The contractor willing to make “dirty deals” can also cut corners; creating potential health and safety problems in the future. Conversely, the contractor who submits an inflated estimate is probably not worth your time or money if a bloated bill replaces the project.

payment
The way a contractor conducts his financial transactions is a good indication of his work ethic. Someone who asks for cash-only payments and is hesitant about providing receipts or a contract is likely to be unlicensed, uninsured, and almost guaranteed to be untrustworthy and unreliable. Cash offers also leave homeowners with little legal recourse if something goes wrong or the contractor decides to walk off the job. Don’t risk burning out trying to save a few bucks; he may end up paying double the amount in the future.

Once you’ve chosen a contractor for your renovation project, be sure to keep the lines of communication open. It is important to remember that you will see your contractor and his team often and that mutual respect is a give and take; Work with your contractor, but don’t micromanage to the point where you get in the way of them doing their job. It becomes a distraction and creates an unhealthy work environment.

You’re starting to panic. You just heard that the IRS has started allowing people to file their taxes. And you don’t have anything ready yet.

Which makes today a great day to create your tax document folder.

Today, many of their articles are available electronically, so there’s no need to wait for a paper copy to arrive in the mail. And we suggest you put 10 pages in this folder, which can be a paper folder or an electronic one. (If you’re using paper, different colors work best so you can keep things organized, or you can use divider tabs.)

#1. A list of all the W-2 forms you should receive. One from each employer you received a paycheck from.

#2. A list of all the 1099s you’ll get from your gig activities: consulting, driving an Uber, fees, etc.

#3. A list of all the 1099 forms you’ll get from each bank account that pays interest, mutual fund and stock dividends, stock and mutual fund sales (usually reporting capital gains and dividends).

#4. A list of all the K-1s you will get from partnerships, S entities, LLCs, REITs, etc.

#5. A list of all 1099Rs and W2Ps for all pensions, retirement funds, IRA withdrawals, and 401(k) distributions.

# 6. A list of all the 1099 forms you will get for unemployment checks, Social Security benefits, and state income tax refunds.

#7. A list of 1098s received for all mortgage payments. These must also list the property tax paid for each property. (If you pay directly, go to your county’s website and download a record of all payments made this calendar year.)

# 8. A list of all the dates you were away from home on business so that travel deductions can be determined. (If you stayed overnight in a hotel, this is where you should also check in.)

# 9. A list of any IRA or 401(k) contributions made during the year. This is also where you should enter how much of that contribution you will make before you file your taxes. (It’s the maximum allowed by law, right? And, if you don’t have an IRA, you know you can start and fund one until the April 15 filing deadline. noubliez country!)

# 10. A list of all estimated tax payments made to the federal government and your state taxing authority during the year. (The normal deadlines are April 15, June 15, September 15 and January 15 of the following year).

Having these lists, and then crossing off each item when you receive or download them, will make it clear when you can start processing your 2019 tax returns.

manchester city

In the UK, Manchester is more or less the northern version of the city of London. It is an excellent city with many landmarks, one of which is the Beetham Tower. This is a 47-storey high breaking tower that took around 9 architects to design and has housed most of Manchester’s elites, from famous footballers to top-tier young professionals.

Beetham is situated right in Manchester city center and is made up of the Hilton Hotel, the sky bar and residential apartments. Floors 6 to 23 comprise the Hilton Hotel, floors 24 and 25 house the prestigious ”cloud 23”, floors 25 to 46 are made up of the residential apartments and the floor

Understanding Beetham Tower Apartments

Now, living in this tower can be confusing if you don’t know what you’re doing or if you’re new to town. Let’s face it, we all want the biggest apartments, especially if we want a two bedroom, so let me tell you how Beetham works.

Each floor goes from apartment 01 to apartment 11. Apartment 01 is the studio apartment and it is the same on all floors, for example apartment 2501 on the 25th floor and apartment 2601 on the 26th floor. this guide is for 2 rooms, that is exactly what it should be treated.

What view do you want?

The building is 47 stories high, there is a stunning view of the city of Manchester and at night this view really comes to life. Most real estate agents know that this is the primary currency and unique selling point of this building and they will sell it to you in a way you never realized was possible. The north facing view, which I generally prefer, overlooks the city center and also overlooks Manchester City Stadium, which can be seen even from the 25th floor. The south facing view at night is not that nice in my opinion, but you can see Manchester United. stadium with this view Different people have different tastes, but if they let me, I would always go for the north view, which is the view of the city.

What apartment do you want?

Now that we’ve established the north side and south side, it’s time to tackle the apartments themselves. The largest apartment parcels tend to be the 11 parcels for example on the 35th floor it would be 3511 and on the 30th floor it would be 3011 if you were If you are moving for the first time I would say these 11 parcels would be your best option and yes, they are oriented to the north and have views of the city. Not to mention if you have a landlord/lady who has a sense of style, the decor in the apartments tends to be amazing which is an added bonus. The next best 2 bedroom apartments in terms of size are plots 10, for example on the 29th floor it would be 2910 again, these are a good size and have the preferred view of the city.

Now the corner pieces which are 02 and 09 on the north side and 03 and 08 on the south side. Some people tend to like these apartments better, as they tend to give you both views, but more of one side than the other. For example, if you live in 4003, you’ll get South view and a bit of North view. However, if you live in 4002, you’ll efficiently get the north view and part of the south view. An advantage of the south facing apartments is that you have a balcony, but as I said, because of the view, it’s not that nice; however, if you want a compromise with a taste of both worlds, a south-facing corner would be your best bet.

The rental price and how to reduce it.

Everyone’s favorite aspect is NOT the price. Many of the estate agents when selling you the view will state £1300 or £1200 asking price as the norm. Yes, there are some that range from £1400 to £3000, but if you’re looking at those apartments to start with, then you really shouldn’t need this section. The truth is you can find apartments for less than that, even an 11 plot for £1000 a month in July 2010. Like anything worth doing you need to get it right so look for a full list of all estate agents from the city center in Manchester and give them a call. Obviously if you get one of the £1200 a month estate agents you can haggle over the price; you have the option of saying you’ll pay full price up front or you’ll pay a certain amount up front or you know parcel 11 is 956 square feet so since this is a smaller apartment you want compensation or if the apartment is Doesn’t come with parking say they should deduct that or if it comes with parking and you don’t drive you can easily find people inside the building looking for spaces to rent that you can rent for £100 to £150 a month. . Ultimately think of it as a business and it is the business of the owners/ladies as well as their final decision that really matters.

The janitor

Finally, just to mention a note about the Beetham staff, the concierge is actually 24/7, very efficient, extremely professional, and always willing to help. They take your comfort and safety very seriously, so you can be sure that if you move to Beetham, you’ll be well taken care of.

I hope this article has been a useful guide for anyone moving to Beetham Tower in Manchester and choosing an apartment there. Good luck with the move and don’t worry, the elevators have always been working so far.

Flips or rentals? Which of these two passive income properties do you think is better for business?

Both are fantastic options for generating passive income, and each has its own advantages. Let’s take a look at both to find out which one is better. I will also share my personal opinion on what I think contains the most water.

I started flipping houses and it was great. He brought a lot of money. The trick with flipping is that you have to do it consistently and regularly if you want to win more.

If you have a hard money loan, delays will reduce your earnings. You still have to pay the lender on time anyway, so that can be quite a challenge. This is why you need to constantly switch houses to keep the money flowing. Flipping is great, but requires a lot of work to maintain.

On the other hand, rentals are safer. It made a lot more sense for me to invest in that than to change houses, as it is more stable and at the same time helps me shape my own legacy to pass on to my daughter, her daughters, and so on.

With rental properties, the funds keep coming in. You’ll have to shell out a lot initially and wait a little longer for the earnings to come in, but once everything balances out and stabilizes, the passive income will keep coming.

So to answer our question about which one is best for you: It depends.

It depends on your goals. Do you want to benefit from the properties in the next 3 or 6 months? Then moving house is a smart choice. Personally, I lean more towards rental properties for security.

When looking for these opportunities, don’t be afraid to look at other areas to drive and grow your business. It will take a lot of work, but when you see how much it drives your business, it will be worth it.

Finally, experience will always be your best teacher. Trust me on this. I’ve been through both and wouldn’t know which one is better for me if I hadn’t tried both.

Hope I was able to help enlighten you on this. It really depends on how you envision your future. If you have questions, feel free to reach out. We are always happy to help.

You can add additional storage to your existing shed by making an attached shed. Your existing storage space must be structurally sound and have an exterior wall that you can attach this storage space to. It allows homeowners to store lawn mowers, kitchens, garden supplies, and many other things. Here are some comprehensive building instructions for building a terraced shed for some extra storage.

build a shelf board

Make a stringer board to attach to an existing wall and support the top end of your roof. Take a measurement from one outside wall and cut the board with a circular saw to the same length. Use a 2-by-4-inch board for a short bar and 2/6 for a longer one.

Attach the shelf board to these studs on the existing strong partition with a long screw and a screw gun. You can choose to remove the existing wallcovering or leave it in place. Level the ledger through one level above that of the outside wall of the shed. The owner may build the roof on any pitch or slope, but it must have a slope of 1 inch for every 10 feet that it extends from the rake board. Follow the shed plan meticulously to get the expected results.

Connect the shelf boards

Connect the ends of a stringer board and the ends of an exterior wall with 2-by-4 boards cut at any angle to fit between those walls. Nail those to the outside of a ledger board and wall. Add internal 2/4 inches of joists to make this shed over 4 feet. Cut these ends at angles to fit between the partitions and fasten in place.

Install 1 x 4-inch siding strips along the joists, shed end to end. Nail these ends to each joist in 12-inch increments from the outside outside to a stringer board. Level them.

Cover the Lean-to-Roof

Cover the attached storage area with a corrugated metal roof. Position the first panel at one end of the roof and secure it to the siding strips at the top and bottom with a rubber thumb screw and screws. Never drive a screw into the last valley where the next panel will overlap.

Add another panel to one side while overlapping the ripples. Cover the bottom of the top and add a second row of panels on top, if needed, overlapping the bottom row by 6 inches. Panels are typically 8 to 10 feet long, but you can get longer lengths. Use tin snips or a hacksaw to cut the panels to fit your needs.

make the roof waterproof

You must put metal flashing on top of the corrugated roof when you make an attached shed. Nail the roof to the wall of the building and overlap it to divert water to the roof. Seal the top of the metal flashing with clear silicone caulk.

Add drip edges on all sides of the roof and metal flashing elements that deflect water from the top and seal sharp edges. Metal flashing is metal bent to overlap a straight wall and sloped roof. The drip edge is a metal seal at the ends to prevent moisture from entering.

The retail business is tough and competitive. Competition is fierce because customer demand is high. With so many retail stores available to customers, people are spoiled for choice and consequently can shop around and search for the best product or deal possible. What does this mean for retail stores? Retailers are still big players, and here are six tips for surviving in this industry.

1. Offer a product that is unique and different from what other retailers offer. Whether it’s a brand name or a unique design for your store, you need to have something different to offer customers. A select number of customers want to have something that is exclusive, unique and interesting. Focus on this market and include it in your marketing campaigns.
2. Make attractive promotions that attract customers to the store. It could be a buy one get one free promotion or a competition that draws people into the store. Offering a free gift is also a great way to attract customers. If they have to choose between one product in your store or another, they will go to the one that gives them the most value for their money.
3. Focus on a stylish window display. No matter what product you are selling, make your window display stylish and attractive. A quirky approach will also turn heads as long as it’s done tastefully. The showcase must be able to capture the attention of the passing customer in a few seconds.
4. Talk to your staff about ideas that can attract customers. Never underestimate the power of an employee’s ideas. They know their business and understand customers because they deal with them directly. They may have very good ideas that you could implement.
5. Get better prices from your suppliers. If necessary, make some changes. Find a wholesale supplier who can offer you discounts on products you buy regularly. Also find out how much discount you can get if you buy products in bulk. If you can lower your cost price, you can lower your selling price, and then you can be more competitive. This will attract more customers.
6. Tell people about your reduced prices. There is no use in reducing your prices and nobody knows about it. Advertise it with flyers and on social media. Spread the word so that customers are attracted to your store.

A family limited company is usually financed with specific assets. Real estate provides the ideal investment, but not all assets are suitable for transfer to society. With respect to corporate partners, the shares of the S corporation cannot be owned by a partnership. Partners do not recognize profit or loss when they contribute assets to the company in exchange for their company interests. Additional capital contributions do not generate profit or loss for the partners or the company.

When a partner contributes capital or assets to the partnership, he or she is granted an interest in the partnership based on the partner’s contribution as a percentage of all contributions. Any additional contribution will increase the share of the partner and the other shares must be adjusted accordingly.

Donation of Society Units

The easy division of partnership interests into units provides the ability to transfer assets to family members within the available annual gift tax exclusion of $14,000 per year per donee for 2014-2015 or the equivalent of the gift tax exemption. unified credit is $5,340,000 in 2014 and $5,430,000 in 2015. There are valuation discounts that can be used to reduce the value of partnership units by 20 percent to 40 percent for gift tax purposes.

Three types of valuation techniques are generally used to calculate the fair market value of an interest in a closely held entity. The market method (also known as the comparable sales method) compares the closely held company with its unknown market value to similar companies with known market values.

The income (or discounted cash flow) method discounts to present value the anticipated future income of the company whose shares are being valued. The net asset value (or balance sheet) method generally refers to the value of the company’s assets net of its liabilities.

The market method or income method is most often used when the closely held company is actively engaged in trading or trading. Net asset value is most often used when a closely held company primarily owns real estate or investment assets and does not carry on an active trade or business.

The value of a gift to a recipient is the fair market value of the gift when it is made, not what the fair market value once was or might be someday. In Revenue Resolution 93-12, the IRS accepts that a minority interest in a limited partnership with restricted ownership rights for the limited partner qualifies for a discount to the fair market value of the underlying assets. This allows parents to gift considerably more to their children within gift tax exclusions and without loss of control.

To be eligible for the discount, the limited partner’s interest must be considered a minority interest (lack of control discount) and/or not freely transferable (lack of marketing discount). IRC §2036(b) includes gifts in the donor’s taxable estate of corporate stock in a controlled corporation in which the donor retained the right to vote the stock. There is no corresponding tax code section for partnership interests.

Donors may wish to structure limited partnership unit transfers or gifts to qualify for the current unified credit exemption equivalent as noted above. These transfers do not have to meet the criteria as gifts of present interest, but disposal of the estate at death is generally desired. Even if the donor continues to serve as the general partner of the partnership and acts as a trustee for all partners, the endowed units of the partnership will not be included in the estate of the deceased donor/general partner.

Operating a family limited company

In their capacity as general partners, parents can accept an equitable salary from the partnership for their managerial skills. They can also establish whether the partnership will preserve or allocate income to its partners or whether they can lend funds to a limited partner. Parents can get money from the partnership to support their current or retirement needs, subject to fiduciary standards (which are lower than those of a trustee). Wages paid to any member of the partnership are subject to withholding as dictated by the IRS and the state in which the partnership operates.

A partnership must file tax returns annually. The Federal return is form 1065 and the State has an equivalent form. Any income received by the partners must be included in their corresponding tax return. Even if the distribution does not occur, the partners must claim the amounts reported on the K1 form provided by the partnership.

Taxes and insurance for a family limited company

Considering income taxes, all assets transferred from the partnership to the partners retain the same nature as with the partnership. IRS Revenue Ruling 83-147 explains estate taxes on life insurance owned by a partnership on one of its partners. The result should be the same as corporate-owned life insurance. If the partnership is the life insurance beneficiary, then the insurance death benefit will be included in the partner’s estate only indirectly by the change in value of the deceased partner’s partnership interest.

To avoid raising the interest of the deceased partner’s partnership for a portion of the life insurance proceeds, the policy may list the adult children as owners and beneficiaries of the policy at the beginning of the policy’s existence. General partners may distribute income to the children as limited partners to pay premiums for the policy owned by the children or the grantor of a trust that the children have created. Grantors could direct the beneficiary’s estate in the event the grantor predeceases the parent, which could help protect the policy’s cash value, if any, in the event of divorce.

The risks of the family limited company

The IRS has issued, without administrative hearings, new regulations under IRC Subchapter K. In short, the IRS will rule out a partnership as an entity if the partnership’s primary function was income tax evasion, either initially or during its operation. The proposed regulations are specific to income tax and do not apply to gift and estate tax assessments. This does not mean that the IRS will not address estate and gift assessments in the future. There are costs involved in forming and maintaining an FLP, including:

• Attorney fees to form the partnership (however, an attorney is not required
• Appraisal fees for the underlying assets and “shares” of the partnership gifted to younger generation family members;
• Accounting fees for K-1 partnerships and other financial assets;

Transfer tax costs such as documentary stamps when real estate is transferred. But for many investors, the benefits of well-planned FLPs easily outweigh the risks and costs.

No matter if you use your computer for work or everyday, you can’t afford to lose your important data. Loss of official data can cause you to lose a lot of money and have a negative impact on your business. If you have a data loss problem, you may want to look into a hard drive recovery service.

Experience

Most companies store data on computer hard drives, and these devices are sensitive. With a little mishandling, hard drives can fail. In some cases, they fail to the point that it is impossible to recover them. But above all, the data stored on these drives can be recovered with special data recovery applications. But only experienced companies should be hired to handle the data recovery job as you may not want to hire someone who will further damage your hard drive. Experienced companies can provide you with a free service contact if they contact you.

expertise

The service you are going to choose should be able to restore your accidentally lost data. Data recovery is more difficult when RAID controllers are involved. The RAID controller fails when there is a problem with the hardware. If you think you cannot access the raid system, you have a technical issue to deal with and you should go to a data recovery specialist as your data may be at high risk.

degree of damage

With the passage of time and regular use, the computer and relevant peripherals tend to wear out. Also, careless handling can even cause serious damage to the component, especially the components that are used most of the time. Even if your hard drives appear to be severely damaged, the data may not be lost forever. A hard drive is malfunctioning and making strange noises when the motors are malfunctioning or the read/write heads are stuck. In this case, the data can be easily recovered by disassembling the storage media.

In many cases, storage media are damaged due to spills. For example, when the system comes into contact with water, problems occur. Hard drives are not working and making strange noises. Most data recovery companies receive requests where the storage media is exposed to water or other types of liquids, such as soda or coffee. In this case, the data can be recovered if you obtain the services of an expert service provider.

To summarize, if you have been looking for a good data recovery service, you may come across many popular companies. Since there are so many companies, you may want to search for a good one online or by asking around. Your colleagues can help you choose a good one, especially if they work in the same field. Do not purchase a data recovery service based solely on service charges. Remember – your important data is at risk and you don’t want to lose it just to save a few bucks. I hope this helps.