Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by BradShaw+Nov 11 2003, 05:22 PM-->QUOTE (BradShaw @ Nov 11 2003, 05:22 PM) |
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11-11-2003
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#7
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Members
Join Date: Nov 2002
Posts: 103
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Sold Boca, sold NJ? Will you be permanently travelling? Will you come through Boca for poker games, or do I just PayPal you your winnings directly?
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11-11-2003
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#8
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Quote:
Originally posted by Serge_Oprano+Nov 11 2003, 05:45 PM-->QUOTE (Serge_Oprano @ Nov 11 2003, 05:45 PM) |
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
__________________
Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!
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11-11-2003
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#9
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by DaveAFX@Nov 11 2003, 05:46 PM
Sold Boca, sold NJ? Will you be permanently travelling? Will you come through Boca for poker games, or do I just PayPal you your winnings directly?
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sold NJ...I won't leave Boca for as long I have a chance playinjg poker with you
;-)))
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11-11-2003
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#10
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by Mike AI+Nov 11 2003, 05:46 PM-->QUOTE (Mike AI @ Nov 11 2003, 05:46 PM) |
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 05:45 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
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11-11-2003
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#11
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Here is the real name....
1031Tax-Free Exchange
Some info on it http://rhol.org/rental/exchange.HTM
__________________
Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!
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11-11-2003
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#12
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Members
Join Date: Nov 2002
Posts: 103
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11-11-2003
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#13
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Members
Join Date: Nov 2002
Posts: 103
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Do I send you a 1099 for my losses? Or is it a gift?
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11-11-2003
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#14
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Members
Join Date: Jun 2003
Posts: 1,216
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Quote:
Originally posted by Serge_Oprano+Nov 11 2003, 02:45 PM-->QUOTE (Serge_Oprano @ Nov 11 2003, 02:45 PM) |
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
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11-11-2003
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#15
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Members
Join Date: Oct 2002
Posts: 435
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Quote:
Originally posted by Mike AI+Nov 11 2003, 05:46 PM-->QUOTE (Mike AI @ Nov 11 2003, 05:46 PM) |
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 05:45 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
__________________
Do you have money sitting in the bank making nothing? I will give you 15% annual returns GUARANTEED by contract. Your money is returned within 90-120 days. 100k minimum investment - All slots currently filled - check back later
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11-11-2003
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#16
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Quote:
Originally posted by BradShaw+Nov 11 2003, 05:59 PM-->QUOTE (BradShaw @ Nov 11 2003, 05:59 PM) |
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 02:45 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
__________________
Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!
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11-11-2003
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#17
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Members
Join Date: Jun 2003
Posts: 1,216
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You guys beat me to it. I do not think it matters if it is investment property. If it was not investment, you could get around capital gains other ways.
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11-11-2003
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#18
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Members
Join Date: Jun 2003
Posts: 1,216
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Quote:
Originally posted by Mike AI+Nov 11 2003, 02:59 PM-->QUOTE (Mike AI @ Nov 11 2003, 02:59 PM) |
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:59 PM
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 02:45 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
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11-11-2003
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#19
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Quote:
Originally posted by BradShaw+Nov 11 2003, 06:01 PM-->QUOTE (BradShaw @ Nov 11 2003, 06:01 PM) |
Quote:
Originally posted by -Mike AI@Nov 11 2003, 02:59 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:59 PM
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 02:45 PM
Quote:
Originally posted by -BradShaw@Nov 11 2003, 05:22 PM
__________________
Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!
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11-11-2003
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#20
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by Diamond Jim@Nov 11 2003, 05:59 PM
At Serge's income level,
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Jim, my today's income level a year is equal to 5 days income in 1999...
this is NOT the income it would be worse doing
;-)))
Due to Ron Levi's flash movie,
I lost 98.63% of my income...my reputation is RUINED!
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11-11-2003
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#21
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by BradShaw@Nov 11 2003, 06:00 PM
You guys beat me to it. I do not think it matters if it is investment property. If it was not investment, you could get around capital gains other ways.
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guys, why do you worry about taxes????
I'll pay 10 mils a year taxes ANY DAY!
;-)))
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11-11-2003
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#22
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Members
Join Date: Oct 2002
Posts: 435
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Quote:
Originally posted by Serge_Oprano+Nov 11 2003, 06:03 PM-->QUOTE (Serge_Oprano @ Nov 11 2003, 06:03 PM) |
__________________
Do you have money sitting in the bank making nothing? I will give you 15% annual returns GUARANTEED by contract. Your money is returned within 90-120 days. 100k minimum investment - All slots currently filled - check back later
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11-11-2003
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#23
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Members
Join Date: Oct 2002
Posts: 97
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Quote:
Originally posted by Serge_Oprano@Nov 11 2003, 02:20 PM
Brad....I sold house in NJ yesterday....bought it in 98....care to estimate capital gain?
;-))))
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Wow, that was excellent timing selling your investment property. Housing prices and and stock prices are setting up for a big drop between now and late 2004.
I sold a house here in Las Vegas a few months ago, I could have waited till now and got a bit more but I was glad to get rid of it near the top of the local market. Since it was my primary residence for more than 2 out of the past 5 years I do not have to pay any capital gain taxes either.
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11-11-2003
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#24
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by Diamond Jim+Nov 11 2003, 06:09 PM-->QUOTE (Diamond Jim @ Nov 11 2003, 06:09 PM) |
Quote:
Originally posted by -Serge_Oprano@Nov 11 2003, 06:03 PM
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11-11-2003
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#25
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Members
Join Date: Jun 2003
Posts: 1,216
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Quote:
Originally posted by MattK+Nov 11 2003, 03:10 PM-->QUOTE (MattK @ Nov 11 2003, 03:10 PM) |
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11-11-2003
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#26
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by MattK+Nov 11 2003, 06:10 PM-->QUOTE (MattK @ Nov 11 2003, 06:10 PM) |
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11-11-2003
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#27
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Members
Join Date: Oct 2002
Posts: 97
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Quote:
Originally posted by Serge_Oprano+Nov 11 2003, 03:15 PM-->QUOTE (Serge_Oprano @ Nov 11 2003, 03:15 PM) |
Quote:
Originally posted by -MattK@Nov 11 2003, 06:10 PM
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11-11-2003
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#28
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Members
Join Date: Oct 2002
Posts: 97
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Quote:
Originally posted by BradShaw@Nov 11 2003, 03:14 PM
I doubt real estate is going to drop, especially in Vegas. But then again, what do I know.
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Any house here under 350K is selling fast and some people are getting more than their asking price, especially here in the summerlin area. The 500K to 1M+ range houses are selling slow, and some people are lowering their prices.
Las Vegas in still hot for housing, but prices have been leveling off and I don't think they will go up 10% per year anymore.
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11-11-2003
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#29
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Members
Join Date: Oct 2002
Posts: 1,997
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i know some of you are putting money into real estate. Look into 5+ unit buildings. from my experience best investment properties are 5+ unit buildings. At 5 or more units it becomes a commercial property. Slightly harder to get mortgage for but they sell at much lower multiples where you end up with easy positive cash flow and still negative depreciation.
its like pulling money out of your ass (_$_)
__________________
Do you like Wine ?
Quote:
Originally Posted by Nickatilynx
Morals are a convenient excuse to rationalise failure...
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11-11-2003
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#30
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Banned
Join Date: Oct 2002
Location: Vancouver Canada
Posts: 15,115
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Do I smell a European purchase coming , Serge ?
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11-11-2003
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#31
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Members
Join Date: Oct 2002
Location: Hills of N. GA
Posts: 10,823
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Quote:
Originally posted by slavdogg@Nov 11 2003, 08:16 PM
i know some of you are putting money into real estate. Look into 5+ unit buildings. from my experience best investment properties are 5+ unit buildings. At 5 or more units it becomes a commercial property. Slightly harder to get mortgage for but they sell at much lower multiples where you end up with easy positive cash flow and still negative depreciation.
its like pulling money out of your ass (_$_)
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Trailers too. An old boyfriend of mine has several acres of property and buys repossesed trailers at auction that are less than 2 years old for $5-10K. Puts them on a cement base and rents them out with no lease on a month to month basis but charges weekly. If you don't pay, you're gone w/in a few weeks (most evictions in GA take 4-6 months). He makes his initial investment back in 1-2 years and everything else is gravy. His mother has about 40 of them. His best friend called him a slum lord until he bought some land that already had 2 trailers on them. He's since started investing in them heavily.
Granted, this wouldn't work in San Fran, but in rural GA, it's a money making machine. :P
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11-11-2003
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#32
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Prostate Examiner
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by Nickatilynx@Nov 11 2003, 07:28 PM
Do I smell a European purchase coming , Serge ?
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nope...just Louisiana Purchase
;-)))
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11-11-2003
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#33
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Administrator
Join Date: Oct 2002
Posts: 11,618
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Quote:
Originally posted by Serge_Oprano+Nov 11 2003, 09:22 PM-->QUOTE (Serge_Oprano @ Nov 11 2003, 09:22 PM) |
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