Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (19184)	6/2/2010 1:54:07 PM
From: JimisJim	of 48092

OT: Wade: thx for the info... the tax implications don't worry me as I already pay triple the tax rate that locals do on my property/land up north. Once I make that my primary residence, my taxes will go down substantially. And of course in Cal., we have property tax laws governed by Prop 13. The taxes can never go up more than 2%/yr. The tax rate is determined by the purchase price and is roughly 1% of the total value. The fact is, I currently pay more in taxes on my property up north than on our primary residence in which we've lived over 20 years. I understand about the rental implications, but won't be renting anything out to anyone. Jim

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