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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (5770)10/2/2002 5:57:23 PM
From: David JonesRead Replies (1) of 306849
 
...i wouldn't consider home equity part of net worth. net worth is typically figured as worth excluding home value and subtracting any mortgages and other consumer debt..

I excluded mortgages and debt.
If I remove all equity I hold. All I have left is cash, a small amount of various stock equities, a couple of old cars, collectibles, the gold in my teeth and rent checks every first of the month which is more cash. That all adds up to two four fiddy.
About taxes; I was told my a successful auto dealer years ago not to worry about taxes, worry about income.
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