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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Johnny_Blaze_420 who wrote (138342)8/1/2008 10:54:11 AM
From: Pogeu MahoneRead Replies (1) of 306849
 
Jonnie
You want to pay taxes on a place that was bought in 2005 for $350000 that is now worth not even $200000?
How would that work out?

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lol. where's the condo. i'll be happy to pay the taxes for him and collect 17% or take the condo in a few years.

my guess is the tax strategy may be a successful one if you have the float...
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